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Latest News on private equity markets

45% of Americans don't know how much tax is withheld from their pay

Taxpayers are missing this one step that could help them avoid a tax surprise from the IRS in the spring.

4 years ago

Ontario Credit Unions will be permitted to sell exempt market securities including 45-108-Crowdfunding

Torys LLP | Blair W. Keefe,  Eli Monas, William R. Walters | Dec 3, 2020 Ontario introduces the Credit Unions and Caisses Populaires Act, 2020 As part of its 2020 Budget1, the Government of Ontario has introduced the Credit Unions and Caisses Populaires Act, 2020 (Act) which will replace the existing Credit Unions and Caisses


The post Ontario Credit Unions will be permitted to sell exempt market securities including 45-108-Crowdfunding first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Cramer sees 'rabid money' for tech IPOs, but warns investors not to chase DoorDash debut blindly

"When people know the brand, the younger inventors just say, 'You know what, get me some,'" CNBC's Jim Cramer said.

4 years ago

Next stimulus package may extend student loan payment pause until May

Bipartisan legislation circulated on Wednesday calls for extending the payment pause for student loan borrowers by another three three months.

4 years ago

Covid relief bill would add a $300 boost to unemployment benefits for 16 weeks

A $908 billion Covid relief bill would pay $300 a week in extra jobless benefits and start in late December, according to a summary of the bipartisan framework.

4 years ago

Next stimulus package may include eviction moratorium and $25 billion in rental assistance

In a summary of bipartisan legislation circulated on Wednesday, lawmakers included an eviction ban until February and $25 billion in rental assistance.

4 years ago

Lawmakers continue to wrestle. Will the next Covid relief bill contain $600 or $1,200 stimulus checks?

There's a new push for second stimulus checks, only this time they could be lowered to $600 from $1,200. Here's how long Americans may wait for the money.

4 years ago

Former Koho CTO, head of Uber Money launch new FinTech startup with $15.8 million CAD seed round

Betakit | Meagan Simpson | Dec 8, 2020 The FinTech sector in North American is a tale of partnerships; startups having to find banking partners due to extensive regulations, and financial institutions trying to keep up with the digital age and looking for innovative solutions. All this all encompassed by an industry that is slow


The post Former Koho CTO, head of Uber Money launch new FinTech startup with .8 million CAD seed round first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

U.S. and States Say Facebook Illegally Crushed Competition

The New York Times | Cecilia Kang, Mike Isaac | Dec 9, 2020 Regulators are accusing the company of buying up rising rivals to cement its dominance over social media. WASHINGTON — The Federal Trade Commission and more than 40 states accused Facebook on Wednesday of becoming a social media monopoly by buying up its


The post U.S. and States Say Facebook Illegally Crushed Competition first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Cyber Risk is the New Threat to Financial Stability

IMF Blog | Jennifer Elliott, Nigel Jenkinson | Dec 7, 2020 Many of us take for granted the ability to withdraw money from our bank account, wire it to family in another country, and pay bills online.Amid the global pandemic, we’ve seen how much digital connection matters to our everyday life. But what if a


The post Cyber Risk is the New Threat to Financial Stability first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Borrowers looking to use Fed's Main Street lending program run into dead end

The Treasury's decision is leaving some borrowers short of vital funds amid a resurgent pandemic.

4 years ago

Wealthfront names former banking regulators Sheila Bair and Thomas Curry to fintech's advisory group

The fintech firm has been adding banking services after pioneering the automated investment service sometimes called robo advisors.

4 years ago

Here are some smart money moves to make before the end of the year

For many, 2020 was a challenging year. That might prompt you to look at your financial situation differently. Advisors say these money moves still make sense.

4 years ago

RevoluGROUP Canada Inc. Granted Canadian FINTRAC License

RevoluGroup Canada | Dec 7, 2020 VANCOUVER, British Columbia, Dec. 07, 2020 (GLOBE NEWSWIRE) -- RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2) (the "Company") is pleased to announce that The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has granted the Company with the Canadian FINTRAC license M20352455 on the 4th of December 2020.


The post RevoluGROUP Canada Inc. Granted Canadian FINTRAC License first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Here's how your taxes would change if Schumer's call for $50,000 student loan forgiveness is adopted

Senate Minority Leader Chuck Schumer, D-N.Y., called on President-elect Joe Biden to cancel up to $50,000 in student loans. Here are the potential tax impacts.

4 years ago