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Latest News on private equity markets

Consumer Protection: Fintech Complaints Have Been Rising

Protocol | Ryan Deffenbaugh and Fintech team | Aug 29, 2022 The CFPB received 20,900 complaints last year involving money transfer services (including mobile and digital wallets) and virtual currency companies, the category most closely associated with fintech. That marked a 63% increase from a year earlier, even if they amount to just a small


The post Consumer Protection: Fintech Complaints Have Been Rising first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Marketplace health plan enrollees may have a refund check on the way. Here's how to claim your share of $603 million

While not everyone who gets coverage this way will get a rebate, it's worth not ignoring mailings from your insurance company.

3 years ago

Suspected Sanctions Breach? The UK Forces Crypto Exchanges to Immediately Report

The Guardian | Jasper Jolly | Sep 4, 2022 New rules in response to Russia’s invasion of Ukraine cover all notionally valuable digital assets Crypto exchanges must report suspected sanctions breaches to UK authorities under new rules brought in amid concerns that bitcoin and other cryptoassets are being used to dodge restrictions imposed in response


The post Suspected Sanctions Breach? The UK Forces Crypto Exchanges to Immediately Report first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Top Professional and Financial Risks for Fintech Companies

Marsh | Alexander Phillips | Aug 19, 2022 Fintech companies are subject to some of the same consumer and investor protection regulations as traditional financial institutions, but must balance compliance requirements with the need to innovate, grow, and develop new products. Meanwhile, privacy risks and ever-growing cyber challenges can contribute to significant economic loss and


The post Top Professional and Financial Risks for Fintech Companies first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

A16Z Launches 6 New NFT Licenses Under ‘Can’t Be Evil’ Principle

The Defiant | Owen Fernau | Sep 2, 2022 Who owns what when someone owns an NFT? The answer is not always clear. When Actor Seth Green’s Bored Ape was stolen, for instance, it brought plans for a show with the animated character into question. There’s the ambiguity of whether the metadata, the code that


The post A16Z Launches 6 New NFT Licenses Under ‘Can’t Be Evil’ Principle first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

More Americans tapping buy now, pay later services for groceries 'shows the height of personal desperation,' Harvard researcher says

With food prices at historic highs, more consumers are leaning on buy now, pay later to cover their weekly grocery tab.

3 years ago

67% of pandemic 'boomerang kids' are still living with mom and dad

More than two years after moving in with their parents, many young adults are still there, according to a recent report.

3 years ago

Google’s Fusing Street View with AI to Create Metaverse like ‘Immersive View’

TechXplore | Glenn CHAPMAN  | Sep 2, 2022 Google at I/O 2022 Google will start rolling out immersive view later this year, starting in Los Angeles, London, New York, San Francisco and Tokyo. Fifteen years after its launch, a Google Maps feature that lets people explore faraway places as though standing right there is providing


The post Google’s Fusing Street View with AI to Create Metaverse like ‘Immersive View’ first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Fintech Lenders Polarized: Some Plan for a Difficult Year as Others See Opportunity

AltFi | Daniel Lanyon | Aug 22, 2022 Lenders are preparing for a difficult year ahead as pandemic tailwinds cease at the same as high inflation and a host of related economic headwinds start to gather. But some also see opportunity Sentiment and perspectives Lending could soon become much more polarised market with low-risk businesses


The post Fintech Lenders Polarized: Some Plan for a Difficult Year as Others See Opportunity first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

(Expected) Life After the Merge

Protocol | Tomio Geron | Sep 6, 2022 Ethereum is expecting to make its biggest change ever this month, transforming how transactions are processed and secured on the blockchain. But the Merge, as the switch from proof of work to proof of stake is known, is more than just technical. It’s expected to bring major


The post (Expected) Life After the Merge first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

Here's everything we know (so far) about Biden's student loan forgiveness plan

In the weeks after President Joe Biden announced student loan forgiveness, more details have emerged about who qualifies and how long it will take to unfold.

3 years ago

Rune Christensen: MakerDAO Founder’s ‘Endgame’ Proposal

Decrypt | Liam J. Kelly | Sep 3, 2022 Not If but When It described the continued effects of the Tornado Cash sanctions, said the industry has “failed to show any kind of value to society,” and outlined two potential paths forward for Maker. This also means that “at some point in the future, there is


The post Rune Christensen: MakerDAO Founder’s ‘Endgame’ Proposal first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

The Digital Dollar Project Launches Sandbox Program to Explore CBDC Solutions in the U.S.

Original Release | Digital Dollar Project | Aug 31, 2022 WASHINGTON, Aug. 31, 2022 /PRNewswire/ -- The Digital Dollar Project (DDP) announced today the launch of its Technical Sandbox Program to jumpstart further exploration of technical implementations of a U.S. central bank digital currency (CBDC). The program is slated to begin in early October with


The post The Digital Dollar Project Launches Sandbox Program to Explore CBDC Solutions in the U.S. first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago

'It's a slippery slope': Most consumers underestimate monthly subscription costs by at least $100, study says

Most consumers underestimate monthly subscription costs by at least $100. For some, it's worse: It's off by $200 or more, research shows.

3 years ago

IMF Magazine: Money Revolution in the Age of Crypto and CBDCs

IMF blog | Gita Bhatt | Sep 1, 2022 The recent plunge in crypto assets has left investors numbed by losses and surely in doubt. But the future of money is undoubtedly digital. The question is, what will it look like? In our latest issue of Finance & Development, some of the world’s leading experts


The post IMF Magazine: Money Revolution in the Age of Crypto and CBDCs first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago