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Here's the inflation breakdown for June, in one chart

The consumer price index rose 3% in June from a year earlier, signaling a sharp and broad-based pullback in inflation.

1 year ago

Nearly 1.5 million taxpayers are 'leaving money on the table' as key tax deadline nears, advisor says

If you didn't file your 2019 tax return, the deadline to claim your refund is approaching. Here's what to know.

1 year ago

'This fight is not over': What to know about Biden's new plan to forgive student debt

After the Supreme Court nixed President Joe Biden's student loan forgiveness plan, he said his administration would pursue a new path to deliver the relief.

1 year ago

As inflation cools, Social Security beneficiaries may see a much lower cost-of-living adjustment in 2024

Social Security beneficiaries have seen record high cost-of-living adjustments in recent years due to high inflation. But that may end in 2024, experts predict.

1 year ago

Powerball jackpot hits $750 million. If you win, here's the tax bill

If you win the Powerball jackpot, your winnings drop significantly after taxes. Here's what to expect.

1 year ago

Crypto Bill 2.0: Lummis-Gillibrand’s Vision for a Regulated Crypto Future

Coindesk | Jesse Hamilton | Jul 12, 2023 Reintroduction of a crypto oversight bill by Senators Cynthia Lummis and Kirsten Gillibrand, proposing a less prominent role for the U.S. Securities and Exchange Commission (SEC) in crypto regulation. Instead, the bill suggests that the Commodity Futures Trading Commission (CFTC) should oversee crypto exchanges, and stablecoin issuers


The post Crypto Bill 2.0: Lummis-Gillibrand’s Vision for a Regulated Crypto Future first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Blakes: Cybersecurity Trends in Canada: A 2023 Perspective

Blakes | Jul 12, 2023 Blakes has launched its fourth annual Canadian Cybersecurity Trends Study, a comprehensive look at Canada's cybersecurity landscape. The study is divided into four sections, each focusing on a different aspect of cybersecurity, including incident trends, mandatory breach reporting, cybersecurity litigation, and incident preparedness. A few key takeaways from the report


The post Blakes: Cybersecurity Trends in Canada: A 2023 Perspective first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

China’s CBDC: Offline Digital Yuan Payments via Super SIM Cards

News | July 12, 2023 The Bank of China is collaborating with China Telecom and China Unicom to integrate its digital yuan app with specialized "super SIM cards" that have near-field communication capabilities.  The Bank of China is pioneering an offline payment system for the digital yuan, China's central bank digital currency (CBDC), using specialized


The post China’s CBDC: Offline Digital Yuan Payments via Super SIM Cards first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Teens with a summer job can capitalize on the ‘greatest money-making asset,’ says expert. Here’s how

Summer jobs let young workers get a feel for earning money. But they can also offer the opportunity for them to start investing.

1 year ago

WonderFi’s Much Anticipated Crypto Merger with Coinsquare and Coinsmart Officially Closes

WonderFi Release | July 11, 2023 WonderFi, Coinsquare, and Coinsmart merger officially closes In a landmark deal, WonderFi Technologies Inc., Coinsquare Ltd., and CoinSmart Financial Inc. have merged, creating one of Canada's largest regulated crypto investing ecosystems with over 1.6 million registered users. The company also holds a 43% stake in Tetra Trust Company, the


The post WonderFi’s Much Anticipated Crypto Merger with Coinsquare and Coinsmart Officially Closes first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Pitch Perfect: Mastering the Art of Presenting Your Startup

Pitching your startup can be a crucial skill that every entrepreneur should practice. Whether you’re seeking funding from investors or trying to attract customers, a compelling and effective pitch can make all the difference. In this blog post, we will … Continue reading

1 year ago

Powerball jackpot hits $725 million. If you win, here's the tax bill

If you win the Powerball jackpot, your winnings drop significantly after taxes. Here's what to expect.

1 year ago

How AI is Shaping the Future of Financial Services in Canada

NCFA Canada | July 11, 2023 Unleashing the power of AI in fintech promises a future where financial services are personalized, accessible, efficient, secure, and socially responsible, revolutionizing our financial lives and contributing to a better world. Artificial Intelligence (AI) is no longer a futuristic concept; it's a present-day reality transforming industries across the globe.


The post How AI is Shaping the Future of Financial Services in Canada first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Federal watchdog cracks down on Bank of America but 'junk fees' aren't going anywhere, expert says — it's a 'game of whack-a-mole'

Another bank is in hot water for so-called 'junk fees,' yet consumers are unlikely to get much relief, expert says.

1 year ago

Nasdaq 100 index to undergo special rejiggering because a few tech stocks have gotten too big

The company said a special rebalance can be used to "address overconcentration in the index by redistributing the weights."

1 year ago