Latest News on private equity markets

UK Publishes Draft Legislation to Regulate BNPL Credit

UK Publishes Draft Legislation to Regulate BNPL Credit

Reuters | Huw Jones | Feb 1, 2023 Britain on Tuesday set out draft legislation to regulate "buy now pay later" (BNPL) credit, saying the sector posed potential harm to consumers without thorough affordability checks. BNPL companies are largely unregulated (UK) and typically offer on-the-spot interest-free short-term loans that spread payments for retail goods like


The post UK Publishes Draft Legislation to Regulate BNPL Credit first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
This is the best strategy to pay down credit card debt — but 37% of borrowers don’t know about it

This is the best strategy to pay down credit card debt — but 37% of borrowers don’t know about it

Moving a balance from a high-rate credit card to one with a no-interest offer can save thousands.

3 years ago
Some newlyweds may face a higher tax bill due to a 'marriage penalty.' What to know

Some newlyweds may face a higher tax bill due to a 'marriage penalty.' What to know

While many couples discover they benefit tax-wise (or fare the same) once they are married, others end up paying more after tying the knot.

3 years ago
House lawmakers relaunch the SALT caucus. Here's what to know about the $10,000 deduction limit for state and local taxes

House lawmakers relaunch the SALT caucus. Here's what to know about the $10,000 deduction limit for state and local taxes

A group of bipartisan House representatives relaunched the SALT caucus last week, calling for relief from the $10,000 state and local taxes deduction limit.

3 years ago
Regulatory Consultation (Feedback by March 28, 2023):  Retail Payment Activities Act (RPAA)

Regulatory Consultation (Feedback by March 28, 2023): Retail Payment Activities Act (RPAA)

Bank of Canada | Feb 11, 2023 The Department of Finance Canada’s proposed regulations on the Retail Payment Activities Act (RPAA) have been published for public comment in Part I in the Canada Gazette. The public comment period is an important step in the regulatory process. You have until March 28, 2023, to comment on the regulations


The post Regulatory Consultation (Feedback by March 28, 2023): Retail Payment Activities Act (RPAA) first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
What CEOs Should Know About the Metaverse

What CEOs Should Know About the Metaverse

McKinsey & Co | Homayoun Hatami, Eric Hazan, Hamza Khan, and Kim Rants | Jan 24, 2023 When we estimated the market value of metaverse activity in June 2022, we calculated that it was between $200 billion and $300 billion. It’s larger now, and in eight years or so, it could be $4 trillion to $5


The post What CEOs Should Know About the Metaverse first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
What laid-off workers need to know when applying for unemployment benefits

What laid-off workers need to know when applying for unemployment benefits

Workers who've recently been impacted by the wave of layoffs from companies should apply for unemployment benefits as soon as possible, experts say.

3 years ago
Bank-Issued Deposit Tokens Emerge and JP Morgan Sees Them Going DeFi

Bank-Issued Deposit Tokens Emerge and JP Morgan Sees Them Going DeFi

Finextra | Feb 10, 2023 Blockchain-based deposit tokens, rather than stablecoins, could emerge as the foundation for stable digital money, according to a report from JP Morgan and Oliver Wyman. Alternative bank-issued deposit token could prove more successful than stablecoins often touted as the future of digital money Deposit tokens are transferable tokens issued on


The post Bank-Issued Deposit Tokens Emerge and JP Morgan Sees Them Going DeFi first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Top Wall Street analysts like these stocks for the long haul

Top Wall Street analysts like these stocks for the long haul

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Costco and Amazon.

3 years ago
Singapore's budget expected to focus on inflation and support for laid off workers

Singapore's budget expected to focus on inflation and support for laid off workers

Rising inflation and layoffs are among the concerns of Singaporeans and are expected to be addressed in the Singapore Budget 2023 on Feb. 14.

3 years ago
As Social Security's full retirement age moves to 67, some experts say it should not go higher

As Social Security's full retirement age moves to 67, some experts say it should not go higher

Raising the full retirement age may be one option on the table to shore up Social Security. Why experts say the idea "doesn't work for this economy."

3 years ago
Breaking Down What Cryptocurrency’s Total Market Cap Means

Breaking Down What Cryptocurrency’s Total Market Cap Means

Feb 12, 2023 When you look at crypto, you might see dollar signs. You may feel you can buy some and hold it, and you’ll see the value increase. Sometimes this happens, though there’s no guarantee. You can also spend crypto since some online merchants take it. Some brick-and-mortar stores even take it now, though


The post Breaking Down What Cryptocurrency’s Total Market Cap Means first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Canadian Businesses Push Tech Enhanced Realities

Canadian Businesses Push Tech Enhanced Realities

The Globe and Mail | Marjo Johne | Feb 9, 2023 During a recent visit to her hairdresser in Toronto, Iliana Oris Valiente had a chance meeting with a colleague located in Germany, at her company’s U.S. headquarters in San Francisco. Say What?  Here’s the backstory: In the hairdresser’s chair, Ms. Valiente, managing director and


The post Canadian Businesses Push Tech Enhanced Realities first appeared on National Crowdfunding & Fintech Association of Canada.

3 years ago
Overpacking, shrinkflation may mean you get less for your money for Valentine's Day gifts this year

Overpacking, shrinkflation may mean you get less for your money for Valentine's Day gifts this year

You may get fewer chocolates than you expect in that heart-shaped box this Valentine's Day.

3 years ago
What investors need to know about ‘staking,’ the passive income opportunity at the center of crypto’s latest regulation scare

What investors need to know about ‘staking,’ the passive income opportunity at the center of crypto’s latest regulation scare

What investors need to know about ‘staking,’ the passive income opportunity at the center of crypto’s latest regulation scare.

3 years ago