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Wealth creation is booming as multimillionaire population jumps 5.2% in the U.S.

The U.S. is now home to almost 40% of the world's super rich, nearly double the share in China, which has the next highest contingent of multimillionaires.

8 months ago

Meta is targeting 'hundreds of millions' of businesses in agentic AI deployment

Meta expects a market of hundreds of millions of small businesses where gen AI will directly interact with customers, says head of AI for Business, Clara Shih.

8 months ago

As Trump goes after Education Department, staff cuts leave student loan borrowers in the dark

The Education Department's role working on federal student loan borrowers' complaints is at risk after significant staff cuts under Trump, agency employees say.

8 months ago

Anatomy of Rising Deepfake Scams in Crypto and Fintech

Cybersecurity | March 6, 2025 Lessons From $35M Phone Scam That Used AI, Crypto, and Fake Celebrity Ads Gone are the days of obvious phishing email scams that are full of typos, conflicting domains and emails that don't match while urgently asking the victim to do something.  Scammers these days are getting much smarter and


The post Anatomy of Rising Deepfake Scams in Crypto and Fintech first appeared on National Crowdfunding & Fintech Association of Canada.

8 months ago

Bank of Canada Releases New Guidance for PSPs

Retail Payments | March 6, 2025 PSPs Must Protect End-User Funds, Here's What the New Rules Require The Bank of Canada has shared two new guides (see below) to help payment service providers (PSPs) prepare for supervision under the Retail Payment Activities Act (RPAA). The new materials explain the key rules PSPs must follow and


The post Bank of Canada Releases New Guidance for PSPs first appeared on National Crowdfunding & Fintech Association of Canada.

8 months ago

The U.S. is appointing an 'affordability czar' — here’s what that means for you

As the federal government vows to to tackle rising prices, there are key steps consumers can take to bring monthly costs down.

8 months ago

The Federal Housing Administration could face layoffs — what that may mean for homebuyers

The Federal Housing Administration, a major provider of low-down-payment loan options for first-time homebuyers, is facing a staff cut. What you should know.

8 months ago

Smarter API Integration with VoPay’s AI-Powered Assistant

Vopay | March 5, 2025 VoPay’s AI GPT Assistant is Transforming Fintech with Smarter, Faster, Fintech Integration On March 4, 2025, Vancouver-based embedded payment solutions leader, VoPay, has revealed its latest innovation, it's API GPT Assistant. It's an AI-powered tool designed to help developers integrate financial technology solutions quickly and efficiently. By using advanced language


The post Smarter API Integration with VoPay’s AI-Powered Assistant first appeared on National Crowdfunding & Fintech Association of Canada.

8 months ago

Congress' proposed cuts may jeopardize Medicaid and negatively impact the economy, report finds

Federal cuts to Medicaid would impact more than 80 million people who rely on the program. It may also negatively effect the economy, new research finds.

8 months ago

California pauses home energy rebate program amid Trump funding freeze

California paused a Biden-era home rebate program tied to energy efficiency because it can't access federal funding to administer the program.

8 months ago

Millions of student borrowers are behind on loans — and may see their credit scores tank, VantageScore finds

The 9 million federal student loan borrowers who are late on their bills may see their credit scores tank by as much as 129 points, a new report finds.

8 months ago

The Crisis Canada and Fintech Can’t Afford to Waste

Innovation | March 5, 2025 Canada’s Fintech Paralysis is A Crisis of Political Will and Competition The impetus for this article is a recent interview by the Toronto Star with EQ Bank's CEO Andrew Moor.  While everyone is busy dealing with the impact and new realities of North American's tariff and trade war, the primary


The post The Crisis Canada and Fintech Can’t Afford to Waste first appeared on National Crowdfunding & Fintech Association of Canada.

8 months ago

FinTech: The Secret Weapon Of Online Gambling Giants

March 5, 2025 iGaming is growing rapidly, driven by the increasing popularity of mobile gaming, the ease of online payments, and the introduction of cryptocurrency and blockchain technology. Two of the most important segments are driving this growth – online casinos and sports betting. Historically, sports betting accounted for the majority of money gambled at


The post FinTech: The Secret Weapon Of Online Gambling Giants first appeared on National Crowdfunding & Fintech Association of Canada.

8 months ago

These 5 actions can help protect your personal and financial data

Protecting personal and financial information should be part of a strategy to ensure overall financial well-being, regardless of the political climate.

8 months ago

Homebuyers are making bigger down payments. Coming up with that cash is still a struggle

While typical down payments have increased from a year ago, coming up with the necessary funds is still challenging for most Americans. What to consider.

8 months ago