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Senate tax bill includes $1,000 baby bonus in 'Trump accounts' — here's who qualifies

A new savings account for children that comes with a $1,000 deposit remained in the Senate’s version of President Trump’s budget bill.

4 months ago

Open Banking Delayed But Back in the Legislative Radar

Open Banking | June 17, 2025 Federal Government Recommits to Open Banking Legislation at 'Earliest Opportunity' Today at Toronto's Open Banking Expo, the Canadian federal government says they will introduce the long delayed open banking legislation 'at the earliest opportunity'.  The Financial Consumer Agency of Canada (FCAC) responsible for implementing and regulating Open Banking in


The post Open Banking Delayed But Back in the Legislative Radar first appeared on National Crowdfunding & Fintech Association of Canada.

4 months ago

UK Exempts In-home BNPL Sellers From Licensing

BNPL | June 17, 2025 UK Removes BNPL Broker Licensing Rule for In-home Sellers On June 16, 2025, the UK HM Treasury published a policy update that says 'domestic premises suppliers' (aka door to door vendors or companies that provide goods or services in a customer's home) no longer need to be licensed as credit


The post UK Exempts In-home BNPL Sellers From Licensing first appeared on National Crowdfunding & Fintech Association of Canada.

4 months ago

How to protect financial assets amid immigration raids, deportation worries

U.S. federal immigration crackdowns have heightened concerns among foreign-born residents. Financial experts share advice on how to prepare for a deportation.

4 months ago

Federal Reserve is likely to hold interest rates steady this week. Here's what that means for your money

From credit cards and mortgages to auto loans and savings accounts, all sorts of consumer borrowing costs may be impacted by the Fed's decision on rates.

4 months ago

RAISE Program Helps Nonprofits Use AI Responsibly

AI National Program | June 16, 2025 New National Program, RAISE, to Support Responsible AI Adoption in the Social Sector Funded by DIGITAL and matched by delivery partners Human Feedback Foundation (project lead), The Dais at Toronto Metropolitan University, and Creative Destruction Lab, have launched a new national initiative called 'Responsible AI Adoption for Social


The post RAISE Program Helps Nonprofits Use AI Responsibly first appeared on National Crowdfunding & Fintech Association of Canada.

4 months ago

Canadian Innovation Leaves Again in Alphawave’s $2.4B Exit

M&A | June 16, 2025 Toronto-Founded Alphawave Exits via UK listing and Qualcomm Acquisition Another high growth Canadian founded tech startup exits on foreign soil. U.S. giant Qualcomm has agreed to acquire Toronto-founded semiconductor designer Alphawave Semi (Alphawave) for US$2.4 billion. The acquisition strengthens Qualcomm's data center and AI capabilities but also raises recurring questions


The post Canadian Innovation Leaves Again in Alphawave’s $2.4B Exit first appeared on National Crowdfunding & Fintech Association of Canada.

4 months ago

Discover Canada’s Leading Fintech Ecosystem in 2025: Is Legiano Casino a Glimpse into the Future of iGaming?

June 16, 2025 Canada’s fintech world in 2025 is changing fast, focusing more on user-friendly design and smart technology. One big trend is using game-like features to make people more involved and interested. A good example is platforms like legiano casino, which offers a wide variety of bonuses for different types of players. Whether someone


The post Discover Canada’s Leading Fintech Ecosystem in 2025: Is Legiano Casino a Glimpse into the Future of iGaming? first appeared on National Crowdfunding & Fintech Association of Canada.

4 months ago

'SALT' deduction in limbo as Senate Republicans unveil tax plan for Trump's spending package

The 'SALT' deduction is still in limbo as Senate Republicans unveil key tax details of President Donald Trump's spending package. Here's what to know.

4 months ago

Canadian Fintechs: Apply to Tokyo Financial Award 2025

Innovation Award | June 16, 2025 Canadian Fintechs Invited to Apply for Tokyo Financial Award 2025 Applications are now open for the Tokyo Financial Award 2025, a global competition organized by EY Strategy and Consulting on behalf of the Tokyo Metropolitan Government. The award targets financial technology companies at the edge of financial services, and


The post Canadian Fintechs: Apply to Tokyo Financial Award 2025 first appeared on National Crowdfunding & Fintech Association of Canada.

4 months ago

IRS: Avoid ‘falling behind’ by making second-quarter estimated tax payment by June 16

The second-quarter estimated tax deadline is June 16. Here’s how to avoid a penalty, according to the IRS.

4 months ago

Senate Republican education plan may trigger 'avalanche of student loan defaults,' expert says

Senate Republicans' new higher education plan would trigger "an avalanche of student loan defaults," one expert says. Here's what to know about the proposal.

4 months ago

Top Wall Street analysts suggest these dividend stocks for stable income

TipRanks' analyst ranking service reveals three dividend-paying stocks, including Verizon Communications and EOG Resources, highlighted by the Street's pros.

4 months ago

This credit card behavior is an under-the-radar risk: 'Be very careful,' expert says

"Credit cycling" may lead credit card companies to cancel a user's card and forfeit their rewards, experts said.

4 months ago

‘White collar’ jobs are down — but don’t blame AI yet, economists say

While white-collar job openings have been declining in recent years, experts say that artificial intelligence is not the culprit. At least, not yet.

4 months ago