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Latest News on private equity markets

NFT Market Divergence as Cryptocurrencies Soar

NFTs | March 7, 2024 NFT collections see a significant drop in floor prices amidst a cryptocurrency market rally, with major collections facing steep losses As pointed out by The Defiant, the Non-Fungible Token (NFT) market has witnessed a sharp decline in the floor prices of its top collections, even as cryptocurrencies like Ethereum (ETH)


The post NFT Market Divergence as Cryptocurrencies Soar first appeared on National Crowdfunding & Fintech Association of Canada.

8 months ago

Bailing on the stock market during volatility is a ‘loser’s game,' financial advisor says. Here's why

Getting out of the stock market during periods of volatility may feel safer. But the math suggests investors often sacrifice big returns.

8 months ago

Trump vs. Biden: What a presidential election rematch could mean for your taxes

With looming tax law changes slated for after 2025, President Joe Biden or former President Donald Trump would face several expiring tax provisions.

8 months ago

Borderless Banking: The Role of Fintech in Simplifying Cross-Border Money Transfers for Canadians

March 7, 2024 In the contemporary era of globalization, where individuals are increasingly engaged in international transactions and endeavors, the necessity for seamless cross-border financial services has become paramount. For Canadians, conducting transactions across borders has historically been associated with cumbersome processes, high fees and long waiting times. However, with the advent of financial technology


The post Borderless Banking: The Role of Fintech in Simplifying Cross-Border Money Transfers for Canadians first appeared on National Crowdfunding & Fintech Association of Canada.

8 months ago

Self-made millionaire Vivian Tu went from 'scrimping and saving' to creating wealth with this mindset shift

Building wealth can be more difficult for women facing challenges such as lower wages. Here's how self-made millionaire Vivian Tu created wealth.

8 months ago

Retirement prospects for women can be ‘pretty bleak,’ expert says — but there are ways to prepare

Women make less money than men and live longer, which can dim their odds for a financially secure retirement, experts said.

8 months ago

Credit scores decrease for the first time in a decade as more borrowers fall behind on payments

The national average credit score slipped for the first time in a decade, driven by increases in missed borrower payments, according to FICO.

8 months ago

The job more parents are taking to get a discount on their kids' college tuition

With the average cost of private college education above $40,000 annually, more parents are going to work for schools as a way to qualify for discounts.

8 months ago

Experian to Include Apple’s BNPL Data in Credit Reports

BNPL | March 5, 2024 Apple Partners with Experian to Share BNPL Data With Credit Reporting Agency On February 28, 2024, Experian announced a partnership with Apple to include "pay-in-4" Buy Now, Pay Later (BNPL) loan information from Apple Pay Later in Experian consumer credit reports to enhance transparency and responsible credit reporting in the


The post Experian to Include Apple’s BNPL Data in Credit Reports first appeared on National Crowdfunding & Fintech Association of Canada.

8 months ago

As late, missed payments rise, credit card borrowers face 'consequences' for falling behind, CFPB says

The CFPB finalized a rule to ban excessive credit card late fees, after finding that cardholders paid a record $130 billion in interest and fees.

8 months ago

FINTRAC Responds to Cyber Incident with System Shutdown

Cybersecurity | March 6, 2024 FINTRAC Takes Precautionary Measures Amid Cybersecurity Threat In a proactive response to a cybersecurity incident, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has temporarily shut down some of its systems. This measure aims to protect sensitive data and maintain the integrity of Canada's financial intelligence operations. FINTRAC,


The post FINTRAC Responds to Cyber Incident with System Shutdown first appeared on National Crowdfunding & Fintech Association of Canada.

8 months ago

NCFA Congratulates Canadian Fintechs Selected for the UK’s Fintech CTA Program

Exporting | March 6, 2024 Congratulations!  Pack Your Bags... The National Crowdfunding & Fintech Association of Canada (NCFA) is happy to congratulate the selected Canadian fintechs who will participate in this years prestigious United Kingdom Fintech Canadian Technology Accelerator (CTA) program. This initiative, spearheaded by the High Commission of Canada in the United Kingdom and


The post NCFA Congratulates Canadian Fintechs Selected for the UK’s Fintech CTA Program first appeared on National Crowdfunding & Fintech Association of Canada.

8 months ago

What the SEC vote on climate disclosures means for investors

The rule passed in a 3-2 vote but is watered down from the initial version proposed in March 2022.

8 months ago

Michael Katchen and Rachel Zimmer Launch Simple Ventures

Launch | March 6, 2024 Simple Ventures Promises to Ignite Canadian Innovation with Global Ideas Toronto, March 6, 2024 - a pioneering venture studio, Simple Ventures, has officially launched with a mission to revolutionize the Canadian startup landscape. Co-founded by prominent entrepreneurs Rachel Zimmer (CEO) and Michael Katchen (Chair), Simple Ventures aims to fill the


The post Michael Katchen and Rachel Zimmer Launch Simple Ventures first appeared on National Crowdfunding & Fintech Association of Canada.

8 months ago

BRICS Announces Launch of Blockchain Payment System

BRICS | March 6, 2024 BRICS Nations Announce Global Blockchain Payment System to De-Dollarize Global Finance As reported on a Russian news agency, BRICS countries (Brazil, Russia, India, China, and South Africa) have announced the creation of a blockchain-based payment system to establish a more inclusive, efficient, and politically neutral global financial ecosystem, leveraging the


The post BRICS Announces Launch of Blockchain Payment System first appeared on National Crowdfunding & Fintech Association of Canada.

8 months ago