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Klarna’s Meteoric Rise in the Canadian Financial Ecosystem

News | Aug 9, 2023 Klarna, the AI-powered global payments network and shopping destination, has made significant strides in the Canadian market since its inception. With its recent announcement, the company has solidified its position as a major player in the Canadian financial landscape. From Launch to Leader Klarna opened its doors to the Canadian


The post Klarna’s Meteoric Rise in the Canadian Financial Ecosystem first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

How Inflation is Redefining Fintech Strategies and Profitability

Economy | Aug 8, 2023 The financial world has always been dynamic, but recent inflationary trends have added another layer of complexity, especially for the Fintech sector. Here's a look at how inflation is reshaping the Fintech landscape Revisiting Inflation Targeting In August 2020, the Federal Reserve introduced the "average inflation targeting" approach, allowing for


The post How Inflation is Redefining Fintech Strategies and Profitability first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Just 10% plan to wait until age 70 to claim Social Security, survey finds. Why experts say it's often best to delay

Waiting to claim Social Security retirement benefits can give you bigger monthly checks. Here's why experts say delaying up to age 70 pays off.

2 years ago

PayPal's stablecoin is first dollar-backed digital currency from a major U.S. financial institution

PayPal on Monday launched a stablecoin to help facilitate payments. The move comes as market participants await a vote in Congress on a key stablecoin bill.

2 years ago

Decoding Judge Rakoff’s Opinion: What It Means for Future Crypto Regulations

Crypto Regulation | Aug 8 "Crypto got Rakoff’d" delves into the legal intricacies of the SEC's Ripple case, highlighting the contrasting protections for institutional and retail investors in the crypto landscape. Current Ripple Case Rationale A US district judge's hearing on the SEC's Ripple case led to a surge of joy in the crypto community.


The post Decoding Judge Rakoff’s Opinion: What It Means for Future Crypto Regulations first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Investing in Disruptive Technologies: Trends and Opportunities

In the fast-paced world of technology, the pursuit of innovation seemingly never ceases. Over the years, we have witnessed remarkable advancements that have transformed industries, revolutionized businesses, and enhanced the way we live. The year 2023 may be no different, … Continue reading

2 years ago

PayPal Officially Launches U.S. Dollar Stablecoin for Web3 Ecosystem

News | Aug 8, 2023 PayPal has officially launched its U.S. Dollar Stablecoin, named PayPal USD (PYUSD). This digital currency is fully backed by U.S. dollar deposits, short-term U.S. treasuries, and other similar cash equivalents. Users can redeem the stablecoin on a 1:1 ratio for U.S. dollars. The primary purpose of PayPal USD is to


The post PayPal Officially Launches U.S. Dollar Stablecoin for Web3 Ecosystem first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

As credit card debt tops $1 trillion for the first time, 'a huge test' for cardholders is coming

Total credit card debt hit a new high of $1.03 trillion, according to the New York Fed. High balances may stress cardholders as student loan payments resume.

2 years ago

ChatGPT’s Latest Updates Include the Ability to Block OpenAI’s Web Crawler and More

AI News | Aug 8, 2023 OpenAI's ChatGPT has been making waves in the AI community, and the recent updates have only added to its growing reputation. Here's a breakdown of the latest developments. Blocking OpenAI's Web Crawler with a Single Line of Code OpenAI introduced a new web crawler named GPTBot designed to browse


The post ChatGPT’s Latest Updates Include the Ability to Block OpenAI’s Web Crawler and More first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

The AI Revolution in Wealth Management: Top 3 Innovations (and more)

Wealth Management | Aug 8, 2023 The top 3 AI-driven innovations that are transforming the world of wealth management In the dynamic world of wealth management, the winds of change are being fueled by the power of Artificial Intelligence. As we navigate this evolving landscape, three AI-driven innovations stand out, not just for their technological


The post The AI Revolution in Wealth Management: Top 3 Innovations (and more) first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

These 7 companies hire remote workers and help pay off student debt

Companies that offer student loan assistance on top of remote work may be especially appealing to some people.

2 years ago

Soft landing vs. mild recession: What advisors are telling their clients about the economy

After more than a year of gloomy forecasts for the U.S. economy, some experts have backed off recession predictions. Here's what financial advisors say.

2 years ago

Majority of parents spend 20% or more of household income on child care, report finds

About 8 in 10 families anticipate spending $9,600 or more per child on child care this year. For many, care costs represent a big share of household income.

2 years ago

PayPal launches first dollar-backed stablecoin from a major U.S. financial institution

PayPal on Monday launched a U.S. dollar-backed stablecoin to help facilitate payments as its latest addition to its suite of crypto services.

2 years ago

54 million Americans have been in credit card debt for at least a year. Here are the best payoff strategies

More cardholders are carrying more credit card debt than ever before, and, on top of that, they're paying record high interest rates.

2 years ago