Latest News on private equities market

Top 10 S&P 500 stock winners since Election Day

Policy stances from the incoming Trump administration, bullish quarterly earnings and an "Elon Musk premium" led to lofty stock returns, experts said.

1 month ago

Major Data Breach @Finastra and Canadian Banks?

Data Breach | Nov 22, 2024 Finastra Data Breach Raises Alarm for Banks and Financial Institutions One of the largest fintechs in the world, Finastra, just had a major data breach.  Hackers got access to their system and stole 400GB of sensitive data.  Since Finastra works with 8600 financial institutions globally including some of the


The post Major Data Breach @Finastra and Canadian Banks? first appeared on National Crowdfunding & Fintech Association of Canada.

1 month ago

Student loan legal battles delay SAVE borrowers' path to forgiveness

With the Biden administration's new student loan repayment plan is tied up in legal battles, millions of borrowers have had their monthly payments put on hold.

1 month ago

More young men are struggling financially. Here's how that helped Trump win

A factor that drove young men to the polls may have been perceived economic disparities, experts say, which ultimately helped Republicans win on Election Day.

1 month ago

U.S. Bets Big On Crypto and What It Means for Canada

Crypto Policy | Nov 21, 2024 The U.S. is Making Bold Moves in Crypto President-elect Donald Trump and his administration are gearing up for key leadership changes to drive innovation policy in the world's largest economy.  This includes everything from appointing a new crypto-savvy SEC Chair to a new White House 'crypto czar' and the


The post U.S. Bets Big On Crypto and What It Means for Canada first appeared on National Crowdfunding & Fintech Association of Canada.

1 month ago

Most employees don't leverage this 'triple-tax-free' account, advisor says. Here's how to use it

Most employees don't leverage the long-term tax benefits from their health savings account. Here's how to get triple-tax savings.

1 month ago

73% of workers worry Social Security won't be able to pay retirement benefits. Here's what advisors say

Social Security faces a 2033 depletion date for the trust fund it relies on to pay retirement benefits, according to the program's trustees.

1 month ago

New Cyber Threats Financial Service Firms Need to Know

Cybersecurity | Nov 21, 2024 Cybersecurity for Fintech Firms is No Longer Optional.  What You Need to Know Heading Into 2025 We all knew it was coming but it's finally arrived.  Cyber threats, cybersecurity, cyber attacks, scams, deepfakes, risks, rugpulls, ransomeware, social engineering, phishing etc are now considered a business critical priority.  Particularly financial service


The post New Cyber Threats Financial Service Firms Need to Know first appeared on National Crowdfunding & Fintech Association of Canada.

1 month ago

DOJ Wants to Break Up Google’s Search Monopoly

Competition | Nov 21, 2024 US Regulators Ask Judge to Force Google to Sell Chrome The U.S. Department of Justice (DOJ) is going toe to toe with one of the biggest tech behemoths in the world.  In August 2024, a US court found Google guilty of running an illegal search monopoly where Google uses its


The post DOJ Wants to Break Up Google’s Search Monopoly first appeared on National Crowdfunding & Fintech Association of Canada.

1 month ago

Act now for $7,500 EV tax credit: There's 'real risk' Trump will axe funding in 2025, lawyer says

Trump and Republicans on Capitol Hill will likely slash Biden-era tax breaks for electric vehicles in 2025 to raise money for a tax cut package.

1 month ago

Bitcoin Reaches All Time High as ETF Options Go Live

Investing | Nov 20, 2024 Bitcoin ETF Options Are Live and What It Means for Canadian Investors Bitcoin surged its all-time-high (ATH) at almost $95,000 USD this week, pushed higher in part by the launch of options trading on Bitcoin Exchange Traded Funds (ETFs).  Blackrock and Grayscale have greenlit options offering investors the ability to


The post Bitcoin Reaches All Time High as ETF Options Go Live first appeared on National Crowdfunding & Fintech Association of Canada.

1 month ago

Acurx Pharmaceuticals to add up to $1 million in bitcoin for treasury reserve, following MicroStrategy's playbook

The board of Acurx Pharmaceuticals has approved the purchase of up to $1 million in bitcoin to hold as a treasury reserve asset.

1 month ago

Could Trump reinstate the student debt that Biden forgave? Here's what experts say

Millions of student loan borrowers have had their debt forgiven under the Biden administration. Could President-elect Donald Trump claw back that relief?

1 month ago

Thanksgiving meals are expected to be cheaper in 2024 as turkey prices drop

The average Thanksgiving meal costs less in 2024 relative to last year, largely due to declining turkey prices, economists said.

1 month ago

Rachel Reeves: UK’s Financial Innovation Blueprint

Fintech Policy | Nov 19, 2024 Financial Innovation Vision from the UK's New Chancellor of the Exchequer, Rachel Reeves The UK has a new Chancellor of the Exchequer, Rachel Reeves, who took office four months ago, delivered her first Mansion House speech on November 14, 2024 to set out her vision for the UK economy.


The post Rachel Reeves: UK’s Financial Innovation Blueprint first appeared on National Crowdfunding & Fintech Association of Canada.

1 month ago