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U.S. Open Banking Rule Lawsuit and Canada’s Implications

Open Banking | Nov 5, 2024 U.S. Banks Sue the CFPB Over New Open Banking Rule Last month on October 22, the U.S. Consumer Financial Protection Bureau (CFPB) introduced a new rule that would give Americans more control over their financial information, improve consumer choice and transparency while also promoting competition (level the playing field


The post U.S. Open Banking Rule Lawsuit and Canada’s Implications first appeared on National Crowdfunding & Fintech Association of Canada.

1 month ago

Voters ages 50 and up may decide the 2024 presidential election based on 'day-to-day pocketbook issues,' expert says

Americans ages 50 and older are motivated to vote this election season. Here's what we know about who they support.

1 month ago

The next U.S. president could face a tax battle in 2025 — here's what it means for investors

The next U.S. president could face a tax battle in 2025 over expiring tax breaks enacted by former President Donald Trump. Here's what it means for investors.

1 month ago

The presidential election is prompting some Americans to 'doom spend,' report finds

Some Americans are "doom spending" as a coping mechanism for worries about the presidential election and inflation, according to a new survey.

1 month ago

Solar stocks tumble overnight as Trump leads in election results

Trump's campaign platform calls for the termination of the IRA, which he refers to as the "Socialist Green New Deal."

1 month ago

Trump Media shares gain 40% in overnight trading on Robinhood as traders speculate Trump is winning

Shares in the former president's media company jumped after the company revealed a surprise earnings statement on Election Day.

1 month ago

The Financial Impact of Post-Secondary Education and Reasons to Plan Early

Nov 5, 2024 As is the case in most other regions of the world, post-secondary education (PSE) has been a catalyst for economic and social prosperity in Canada. While it has been a necessity for a well-prepared career, it hasn't made life any easier for most family budgets because higher education is expensive and only


The post The Financial Impact of Post-Secondary Education and Reasons to Plan Early first appeared on National Crowdfunding & Fintech Association of Canada.

1 month ago

Tech partnerships with power companies for AI in doubt after government rejects key Amazon agreement

Talen Energy in March sold the data center campus to Amazon for $650 million, which would be powered by the nuclear plant in a first-of-its-kind deal.

1 month ago

Talen, Constellation and Vistra tumble after government rejects Amazon nuclear-data center agreement

Talen Energy in March sold the data center campus to Amazon for $650 million, which would be powered by the nuclear plant in a first-of-its-kind deal.

1 month ago

Disney Opens AI Unit to Accelerate Augmented Reality

AR/VR | Nov 4, 2024 Disney’s Former CTO to Run New AI Business Unit to Drive AR/VR Innovations in Entertainment According to Reuters, Walt Disney has launched the Office of Technology Enablement (OTE) unit to boost innovation in artificial intelligence (AI) and augmented reality (AR) across its parks, movies, and TV shows.  Led by former


The post Disney Opens AI Unit to Accelerate Augmented Reality first appeared on National Crowdfunding & Fintech Association of Canada.

1 month ago

Gen Z, millennials are using AI for personal finance advice, report finds

Gen Z adults and millennials are employing AI software to help with their personal finances. While that can be a great start, there are details to keep in mind.

1 month ago

Canada’s SMBs Deserve Better Banking. Lessons from US Fintechs

SMB Banking | Nov 4, 2024 Survey Reveals Need for Flexible Banking Solutions to Support Canadian SMBs Canada’s small and medium-sized businesses (SMBs) are a backbone of the economy.  Canada ISED publication shows that small businesses (<500 employees) employed 52.12% of the work force creating 9.29 million jobs in the country.  Even the smallest businesses


The post Canada’s SMBs Deserve Better Banking. Lessons from US Fintechs first appeared on National Crowdfunding & Fintech Association of Canada.

1 month ago

Presidential election offers opportunities — and risks — for ETF investors, experts say

In the months ahead, some ETFs or funds could outperform depending on who becomes president, but experts caution against making any hasty moves.

1 month ago

How the 'vibecession,' global economic uncertainty are influencing investors this election year

More than 60 countries held or will hold national elections in 2024. Here's the Principal Financial Group CEO's take on investors' response.

1 month ago

How Fintechs Are Tackling Financial Inclusion in Canada

Financial Inclusion | Nov 4, 2024 A Visual Journey Into Financial Inclusion - Breaking the Cycle Chris Skinner’s recent article “Banks make millions from the most vulnerable” shines light on the struggles people face when trying to access financial services  especially during tough times (like most countries are experiencing right now including Canada). There's a


The post How Fintechs Are Tackling Financial Inclusion in Canada first appeared on National Crowdfunding & Fintech Association of Canada.

1 month ago