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As 'bougie broke' videos trend on social media, experts say that's not necessarily a bad thing

New social media videos are start to removing the stigma tied to spending decisions, experts say. That may ultimately help people become wealthier.

1 year ago

End of China’s Fintech Crackdown? Tencent and Alibaba Fined

TechCrunch | Rita Liao |  Jul 8, 2023 The Chinese government's regulatory crackdown on the fintech industry, which began in late 2020, appears to be concluding with substantial fines levied on Tencent and Alibaba, the two dominant players in China's digital payments market. Fines: Tencent and its payments subsidiary Tenpay have been fined approximately $410


The post End of China’s Fintech Crackdown? Tencent and Alibaba Fined first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Don’t 'drive yourself as crazy as the markets are,’ advisor says — here's how to navigate volatility

To navigate a fluctuating market, take a broad view of your assets and capital, says one financial advisor.

1 year ago

Shoppers get set for Amazon Prime Day and competitor sales events as ‘little treat’ lifestyle takes hold

Amazon Prime Day, Target Circle Week and Walmart+ Week could be good opportunities to get some "little treat" retail therapy.

1 year ago

Op-ed: Cruise line stocks are a light on the horizon for investors seeking diversification

Market breadth improved as of late May and leadership expanded to cyclical sectors. One place for investors seeking diversification could be cruise companies.

1 year ago

Binance Faces Leadership Crisis as Top Executives Resign Amid Regulatory Pressure

Fortune Crypto | Jeff John Roberts  | Jul 6, 2023 Binance, the world's largest cryptocurrency exchange, is facing a crisis as top executives Including General Counsel Hon Ng, Chief Strategy Officer Patrick Hillmann, and SVP for Compliance Steven Christie, have resigned. Their departures follow the recent exit of Matthew Price, who was overseeing global investigations


The post Binance Faces Leadership Crisis as Top Executives Resign Amid Regulatory Pressure first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

SEC seeks rule change that could cause fund managers to take less risk

The rule change involves lowering the bar for indemnification of fund managers to "ordinary negligence" from "gross negligence."

1 year ago

Federal student loan repayment is about to change in a big way. What borrowers need to know

When federal student loan borrowers start making payments on their debt again in the fall, many will find they have a new, more affordable option.

1 year ago

Millennial and Gen Z Workforce Demand Purpose-Driven Work: Deloitte Survey Insights

Fortune | Elizabeth Faber  | Jul 6, 2023 Ethical alignment and purpose-driven work significantly influences career decisions of Gen Z and Millennials Deloitte's latest Global Gen Z and Millennial Survey reveals that nearly 40% of respondents have rejected work assignments due to ethical concerns, and over a third have declined offers from employers they perceive


The post Millennial and Gen Z Workforce Demand Purpose-Driven Work: Deloitte Survey Insights first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Investment Strategies for Uncertain Markets

Uncertainty can be an inherent part of investing, particularly in the private markets. Private market investments may offer unique opportunities for growth and returns, but they can also be subject to volatility and market fluctuations. Navigating volatility in private market … Continue reading

1 year ago

APIs and the Evolution of Digital Platforms: Towards a Three-Sided Market

Citi | Jun 16, 2023 Embracing the three-sided market model, where financial institutions integrate with digital platforms alongside buyers and sellers, can unlock new network effects, accelerate economic growth, and enhance customer engagement in the digital economy. The report introduces the concept of a "three-sided market" where financial institutions are integrated into digital platforms alongside


The post APIs and the Evolution of Digital Platforms: Towards a Three-Sided Market first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Powerball jackpot soars to $615 million. Here's how much the winner could owe in taxes

If you win the Powerball jackpot, your winnings will shrink after the IRS cut. Here's what to know.

1 year ago

Many Americans fear a recession as severe as 2008 could be coming. Here’s what experts say

As the Federal Reserve works to curb inflation, experts are forecasting for a mild recession. Here's when they say that downturn may start.

1 year ago

End of China’s Fintech Crackdown Could Revive Investor Confidence

Techcrunch | Rita Liao | Jul 7, 2023 The Chinese government's regulatory crackdown on the fintech industry, which began in late 2020, appears to be concluding with substantial fines levied on Tencent and Alibaba, the two dominant players in China's digital payments market. Tencent and its payments subsidiary Tenpay have been fined approximately $410 million,


The post End of China’s Fintech Crackdown Could Revive Investor Confidence first appeared on National Crowdfunding & Fintech Association of Canada.

1 year ago

Small businesses may have a hard time finding teen workers this summer

The unemployment rate for teens aged 16 to 19 crept up slightly in June, while the labor participation rate fell year on year.

1 year ago