Latest News on private equity markets

The central bank’s approach to interest rates could help cash-strapped Americans, even without a second round of stimulus.

EP&T | Christopher Reynolds | Nov 4, 2020 Last week, privacy watchdogs revealed that five million images of shoppers’ faces were collected without their consent at a dozen of Canada’s most popular malls. Real estate company Cadillac Fairview embedded cameras equipped with facial-recognition technology, which draws on machine-learning algorithms, in digital information kiosks to discern customers’

The post Canada crawling toward AI regulatory regime first appeared on National Crowdfunding & Fintech Association of Canada.

betakit | Isabelle Kirkwood | Nov 3, 2020  Toronto-based Wealthsimple has revealed plans to launch an exchange-traded fund (ETF), which the startup says will offer investors access to a diversified index of Shariah-compliant stocks. Toronto-based Mackenzie Investments, a subsidiary of Montreal-headquartered Power Corporation (which owns a majority stake in Wealthsimple), will serve as the fund’s trustee,

The post Wealthsimple set to launch new ETF for Muslim investors in 2021 first appeared on National Crowdfunding & Fintech Association of Canada.

The amount of daily trading in 401(k) plans — traditionally seen as a place to buy and hold investments — increased significantly at the start of the week.

The premiums, deductibles and other cost-sharing can change yearly for Part D prescription drug coverage, which makes it important to evaluate your options.

Workers may face a second round of layoffs if surging coronavirus cases lead to new shutdowns. Many will likely be able to collect unemployment benefits again.

Uber and Lyft are big winners as a result of California's Prop 22 decision on independent contractors, but freelancers across all professions may be relieved.

Leon Cooperman was born to working-class Polish immigrants and is now worth $2.5 billion.

People in Arizona, New Jersey, South Dakota and Montana have voted to legalize and tax recreational marijuana. Here's what they can expect.

JPMorgan CEO Jamie Dimon addressed his U.S. workforce in a memo the morning after the U.S. presidential election.

The next round of federal coronavirus stimulus aid still hangs in the balance one day after the election. Here's what we know about how that could shape up.

Barron's | Steve Garmhausen | Nov 2, 2020  Many venture capitalists believe that the fintech gold rush opportunities are behind us and wish they had grabbed initial stakes in leading digital wealth management players. But financial advisor Steve Lockshin says there is still deep potential ahead, especially when viewed through the broader prism of decades, not

The post Advisors Seek Venture-Investing Gold in Fintech first appeared on National Crowdfunding & Fintech Association of Canada.

"I was always of the opinion, regardless of the outcome, short of getting anarchy in the street, that this would be good for stocks," Scott Minerd told CNBC.

International Investment | Pedro Gonçalves | Nov 4, 2020  Hong Kong will regulate all cryptocurrency trading platforms operating in the financial hub, the city's markets watchdog said, changing its previous "opt in" approach. Ashley Alder, chief executive officer of the Securities and Futures Commission (SFC), said during the 2020 Hong Kong FinTech Week that the requirement

The post Hong Kong's securities watchdog to regulate all crypto exchanges first appeared on National Crowdfunding & Fintech Association of Canada.

Finance Canada, Minister’s Advisory Committee on Open Banking | Kirsten Fraser | Nov 4, 2020 The Committee has developed a set of proposals which, taken together, outline a model for a hybrid Canadian approach to enable a system of open banking. They believe that Canada requires an approach to open banking that incorporates elements from other jurisdictions and

The post Finance Canada Announces Second Phase of Open Banking Virtual Consultations Dates first appeared on National Crowdfunding & Fintech Association of Canada.