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Student loan payments are about to restart. What you need to know ahead of receiving that first bill

The pandemic-era relief policy that has lasted 42 months will finally conclude in October.

1 year ago

As federal student loan payments restart, some older borrowers' Social Security benefits may be at risk

Older federal student loan debtors who fall behind on payments may be at risk of having their Social Security checks garnished.

1 year ago

Can AI Truly Replace Human Financial Advisors?

AI | Sep 19, 2023 As AI-driven tools and platforms continue to evolve, they promise efficiency, accuracy, and convenience. But does this mean the end of the human touch in financial advisory? In an era where Artificial Intelligence (AI) is revolutionizing various sectors, the domain of personal finance stands out as one where the human


The post Can AI Truly Replace Human Financial Advisors? first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

This account is like an ‘extra strength’ Roth IRA, says advisor. Here's when to use it

A health savings account offers unique tax benefits and lets savers repay themselves later. Here's how and when to use an HSA, advisors say.

1 year ago

Understanding Right of First Refusal

One term that often surfaces in secondary market transactions is the “Right of First Refusal” (ROFR). A contractual right that allows the issuer the first right to repurchase shares that are listed on the secondary market, it can offer several … Continue reading

1 year ago

IRS will 'substantially' reduce audits on low-income tax credit, commissioner says

The IRS said it will "substantially" reduce the number of correspondence audits for filers claiming the earned income tax credit.

1 year ago

This account is like an ‘extra strength’ Roth IRA, advisor says. Here's when to use it

A health savings account offers unique tax benefits and lets savers repay themselves later. Here's how and when to use an HSA, advisors say.

1 year ago

The Federal Reserve may pause its interest rate hiking campaign this week. What that means for you

After raising interest rates 11 times since March 2022, the Fed is poised for another pause. Here's what that means for your wallet.

1 year ago

The Federal Reserve may not hike interest rates this week. What that means for you

After raising interest rates 11 times since March 2022, the Fed is poised to take a break. Here's what that means for your wallet.

1 year ago

The wage gap costs women $1.6 trillion a year, new report finds. Here's how to get the pay you deserve

Women earned 78 cents for every dollar a white, non-Hispanic man made in 2022, researchers found. Experts urge women to use the data as fuel for fair pay.

1 year ago

A Scaling Fintech’s Decision “To Bank or Not to Bank?”

Digital Banking | Sep 18, 2023 As the industry matures, the decision to become a bank or remain an independent fintech entity is becoming increasingly significant. The recent decision by Figure, led by its visionary CEO Mike Cagney, to withdraw its bank application has ignited a fresh debate on this topic. Mike Cagney's leadership at


The post A Scaling Fintech’s Decision “To Bank or Not to Bank?” first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

BCG: APMs Set to Outpace Market Growth by 2X

Payments | Sep 18, 2023 The global payments landscape is on the brink of a major transformation with non-cash alternative payment methods (APMs) to grow twice as fast as the market. In an era marked by rapid technological advancements, the global payments landscape is undergoing a monumental shift. As we stand at this crucial crossroads,


The post BCG: APMs Set to Outpace Market Growth by 2X first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Pay secrecy norms have ‘simply lost their teeth,’ say experts. Here's why

New York is the latest state to adopt a law around pay transparency in job postings.

1 year ago

Morgan Stanley is Launching a Wealth Management AI Chatbot

AI | Sep 18, 2023 Morgan Stanley, a leading name in investment banking and wealth management, is set to redefine the financial advisory landscape with its latest AI innovation, an AI-powered Morgan Stanley Assistant Collaborating with OpenAI, the bank has developed a generative AI chatbot, aiming to enhance the experience for its wealthy clientele and


The post Morgan Stanley is Launching a Wealth Management AI Chatbot first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

MGM Resorts Faces Major Ransomware Attack in Las Vegas

Cybersecurity | Sep 18, 2023 MGM Resorts fell victim to a debilitating ransomware attack. The impact was widespread, affecting several of its properties, notably the iconic MGM Grand and Bellagio casinos in Las Vegas. The recent cybersecurity breach at MGM Resorts has sent shockwaves throughout the industry, raising concerns about the vulnerability of even the


The post MGM Resorts Faces Major Ransomware Attack in Las Vegas first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago