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Social Security cost-of-living adjustment will be 5.9% in 2022, biggest annual hike in 40 years

The Social Security cost-of-living adjustment will be 5.9% in 2022, the Social Security Administration announced Wednesday.

4 years ago

Solution to Consumer-Centric Payments Innovation in America

Morning Consult | Nick Catino , Jonah Crane & Daniel Gorfine | Oct 13, 2021 In recent years, there have been several debates over how best to regulate and facilitate financial technology innovation in the United States. These debates frequently pit federal regulations against state-based regulation, and banks against nonbanks, in unfortunate zero-sum contests, resulting in legal challenges and increasingly tense congressional hearings that


The post Solution to Consumer-Centric Payments Innovation in America first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Bitcoin Electricity Consumption Index (CBECI): China’s crackdown puts US in pole position and Canada in 4th

Cambridge Centre for Alternative Finance | Michel Rauchs | Oct 13, 2021 The latest update to the Cambridge Bitcoin Electricity Consumption Index (CBECI) has confirmed the impact of the Bitcoin mining crackdown in China, showing that the leading share of global Bitcoin network hashrate now sits in the US, followed by Kazakhstan and the Russian


The post Bitcoin Electricity Consumption Index (CBECI): China’s crackdown puts US in pole position and Canada in 4th first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Finliti Delivers Personalized Financial Insights Using the Power of Psychometrics

Finliti | Jennifer Schell and Dr. Stefano Di Domenico | Oct 13, 2021 Harnessing information and channelling its energy to improve people’s financial activities is the very essence of FinTech. The promise is to thrust traditional financial services—banking, insurance, and investment management—into cyberspace where they can be reimagined and elaborated by mobile software to add


The post Finliti Delivers Personalized Financial Insights Using the Power of Psychometrics first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Drop in U.S. birth rates amid Covid-19 could have lasting economic impact

As Covid-19 upended so many lives, women opted to delay having children. Lower birth rates could have a lasting economic impact, including Social Security and retirement.

4 years ago

Here's how to choose the right financial advisor for you

When planning your financial future, it's common sense to seek professional help, yet only 17% of Americans do. Here's how to find the right financial advisor.

4 years ago

These are health insurance options if you're fired for refusing to get a Covid vaccine

Workers fired for refusing to comply with an employer's Covid vaccine requirement have a few options to replace workplace health insurance.

4 years ago

More than 12% of Hispanic households don't have a bank account. Here's why that can cost big bucks

The number of unbanked Americans is at an all-time low, but the Covid-19 pandemic may push those numbers back up, the FDIC said.

4 years ago

17.5 million Americans leave 'free' retirement plan money on the table, survey finds

If you have a 401(k) plan at work, experts always recommend contributing at least enough to get the company match.

4 years ago

Ways NFTs Can Reinvent Your Small Business

Inc. | Tor Constantino | Oct 7, 2021 NFT growth is continuing to skyrocket According to the website's Non-Fungible Tokens Quarterly Report: Q2 2021 Second Quarter 2021 Report, that three-month window was a record breaker for the NFT industry. The nonfungible.com report shows that in Q1 2021, the total volume traded exceeded $500 million. During


The post Ways NFTs Can Reinvent Your Small Business first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Planet Labs, soon to be public, unveils more powerful Pelican imagery satellites

Earth imaging and data specialist Planet Labs on Tuesday unveiled Pelican, its new line of imagery satellites.

4 years ago

Digital Identity Sins

Forbes | Aidan McCarty | Jul 12, 2021 Identity is at the core of commerce, and every interaction is gated to establish trust. To transact, you must prove something about yourself — tap your credit card, enter a password, state your SSN, show your driver’s license or complete a biometric check. In the physical world,


The post Digital Identity Sins first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

5 guiding principles for decentralized identities

Microsoft | Alex Simons  | Oct 6, 2021 Three years ago, as part of Microsoft’s mission to empower people and organizations to achieve more, we announced that we were incubating a new set of decentralized identity technologies based on a simple vision: Each of us needs a digital identity we own, one which securely and


The post 5 guiding principles for decentralized identities first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

Plastic Policemen: Credit-card firms are becoming reluctant regulators of the web

The Economist | Oct 10, 2021 From sex to free speech, what goes online is increasingly up to financial companies WHO SHOULD police the internet? For some time now the question has tied companies, regulators and campaigners in knots. Social networks spend billions moderating content posted on their platforms, but are still criticised either for


The post Plastic Policemen: Credit-card firms are becoming reluctant regulators of the web first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago

These budget basics can help you refresh your spending plan

You may need to refresh your budget as the seasons change. Here's some basic steps you can take to update your spending plan.

4 years ago