Latest News on private equity markets

Wirecard: A Facade of Innovation…How the Biggest Fraud in German History Unravelled

Wirecard: A Facade of Innovation…How the Biggest Fraud in German History Unravelled

The New Yorker | Ben Taub | Feb 27, 2023 The tech company Wirecard was embraced by the German élite. But a reporter discovered that behind the façade of innovation were lies and links to Russian intelligence. Late in the spring of 2020, Jan Marsalek, an Austrian bank executive, was a widely admired figure in


The post Wirecard: A Facade of Innovation…How the Biggest Fraud in German History Unravelled first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Silvergate Capital shares drop more than 50% after the crypto bank delays its annual report

Silvergate Capital shares drop more than 50% after the crypto bank delays its annual report

Silvergate said it is reviewing events since the end of last year that could impact "its ability to continue as a going concern."

3 years ago
Debunking Myths About Cryptocurrency

Debunking Myths About Cryptocurrency

Guest Post | March 2, 2023 In the past couple of years, cryptocurrency has completely uprooted the financial industry. It is one of the fastest growing investment markets, and certainly one of the most popular. Only the stock exchange and the forex market are ahead, understandably so, as their history is quite extensive. Still, it


The post Debunking Myths About Cryptocurrency first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Most Medicare Advantage users are happy with their plan. What to do if you're not

Most Medicare Advantage users are happy with their plan. What to do if you're not

For Medicare beneficiaries whose 2023 Advantage Plan is not a good fit, now is the time to make a change.

3 years ago
Silvergate Capital shares drop more than 40% after the crypto bank delays its annual report

Silvergate Capital shares drop more than 40% after the crypto bank delays its annual report

Silvergate said it is reviewing events since the end of last year that could impact "its ability to continue as a going concern."

3 years ago
'Huge hunger cliff' looms, warns expert: Average recipient to get $90 less in food stamps as Covid aid ends

'Huge hunger cliff' looms, warns expert: Average recipient to get $90 less in food stamps as Covid aid ends

In March, 32 states and Washington, D.C., will end emergency extra food stamp benefits that helped Americans cope with food insecurity during the pandemic.

3 years ago
You can still score a 2022 tax break with pretax IRA contributions — here's how to qualify

You can still score a 2022 tax break with pretax IRA contributions — here's how to qualify

If you're making a pretax individual retirement account contribution for a tax break on your 2022 return, you need to know the deductibility rules.

3 years ago
Missing tax forms will 'definitely' delay your refund, expert warns. How to know which ones you need

Missing tax forms will 'definitely' delay your refund, expert warns. How to know which ones you need

It's important to get organized with tax forms before filing your return to avoid refund delays. Here's how to know which forms you need.

3 years ago
College is still worth it, research finds — although students are growing skeptical

College is still worth it, research finds — although students are growing skeptical

Increasingly, high school students are rethinking the value of college. Yet earning a degree is almost always worthwhile, research shows.

3 years ago
Fraud cost consumers $8.8 billion last year, Federal Trade Commission says. That's up 44% from 2021

Fraud cost consumers $8.8 billion last year, Federal Trade Commission says. That's up 44% from 2021

Investment scams cost the most — more than $3.8 billion — which is more than double the $1.8 billion reported in 2021, according to the FTC.

3 years ago
Banking-As-A-Service Is Under Fire

Banking-As-A-Service Is Under Fire

Forbes | Sarah Kocianski | Feb 27, 2023 Banking-as-a-Service was a major beneficiary of the recent fintech investment boom, but as we move through 2023 it’s an area facing increasing challenges. BaaS In The US:  is the provision of core banking services to third parties by a company holding a full banking licence. Well-known examples


The post Banking-As-A-Service Is Under Fire first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Consultation Paper for Comment:  Hong Kong SFC Sets the Stage for Retail Access to Crypto Platforms

Consultation Paper for Comment: Hong Kong SFC Sets the Stage for Retail Access to Crypto Platforms

Herbert Smith Freehills | March 1, 2023 A major virtual asset (VA) regulatory milestone occurred last week when the Hong Kong Securities and Futures Commission (SFC) published its much anticipated Consultation Paper on the proposed Regulatory Requirements for Virtual Asset Trading Platform Operators Licensed by the Securities and Futures Commission (Consultation Paper). Among other things, the SFC


The post Consultation Paper for Comment: Hong Kong SFC Sets the Stage for Retail Access to Crypto Platforms first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
6 Phases of Web3 Product-Market-Fit

6 Phases of Web3 Product-Market-Fit

Cointelegraph | Nitin Kumar  | Feb 28, 2023 The concept of Web3 product-market fit is crucial for the success of decentralized applications and platforms in the Web3 ecosystem. Web3 platforms can begin their product-market fit journey with the distribution of utility tokens via airdrops or bounties creating a community-operated workforce. Permissionless product innovation, leaderless movements


The post 6 Phases of Web3 Product-Market-Fit first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Biden administration lawyer may have saved student loan forgiveness plan at Supreme Court

Biden administration lawyer may have saved student loan forgiveness plan at Supreme Court

The Supreme Court could rule within months on a $400 billion student loan forgiveness plan by the Biden administration.

3 years ago
Investment Crowdfunding for Retail Investors

Investment Crowdfunding for Retail Investors

MoneyWise | Barry Choi | Feb 28, 2023 Equity crowdfunding platforms are becoming more common in Canada, and it’s allowing everyday investors to own part of the action that was once reserved to accredited investors. With equity crowdfunding, a large number of investors can contribute to a business via platforms like FrontFundr or Equivesto. When


The post Investment Crowdfunding for Retail Investors first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago