Investing in startups that are yet to generate revenue can be like setting sail on a vast and uncharted ocean. It may be a thrilling journey filled with potential, but it also can carry significant risks. For every success story, … Continue reading
Open Banking in Canada | Nov 10, 2023 Conservative MP Ryan Williams has tabled Bill C-365, titled "The Consumer-Led Banking Act." a pivotal step in Canada's journey towards Open Banking, a system that could lower banking fees and mortgage rates for Canadians Canadians currently face some of the highest banking fees globally, with average monthly
These days, higher prices have made it harder for Americans to feel well off, almost regardless of their net worth.
AI Regulation | Nov 10, 2023 The U.S. Securities and Exchange Commission (SEC) recently proposed a plan to regulate the use of artificial intelligence (AI) in investment advice, sparking a significant pushback from various industry stakeholders. Background In July, the SEC proposed rules that would require banks and fund managers to neutralize or eliminate any
Health savings accounts offer unique tax benefits. But most people are using them like a piggy bank.
Stephanie Land's new book tells the story of how she clawed her way out of poverty to become a writer.
Funding | Nov 10, 2023 Cavelo Inc., a leader in attack surface management technology, has successfully secured CAD$5M in venture capital financing, led by Inovia Capital with contributions from Graphite Ventures. A Comprehensive Cybersecurity Solution Cavelo's platform aligns with stringent data privacy and security regulations like GDPR and HIPAA, simplifying compliance and risk management. The
Nov 10, 2023 Introduction: The Journey to Your Dream Home Embarking on a home renovation project can be akin to setting off on an exciting yet perilous adventure. It promises the allure of transformation and rejuvenation but is fraught with potential pitfalls that can turn your dream project into a nightmare. Whether it's a quaint
Regulation | Nov 10, 2023 The Ontario Securities Commission (OSC) has recently put forward a proposal for new fees targeting restricted dealers, including many crypto asset trading platforms. This development is a clear indication of the increasing efforts to integrate crypto trading platforms into the regulated financial world. These fees are designed to address and
Travelers sought out alternatives to popular hot spots as a way to save money in 2023. The strategy can help when planning your next trip.
Americans are increasingly leaning on credit to make ends meet, boosting balances and total debt to fresh highs.
Crypto | Nov 9, 2023 SEC Chair Gary Gensler has indicated a potential pathway for the resurrection of the beleaguered cryptocurrency exchange FTX, albeit under stringent legal compliance. This news comes in the wake of FTX founder Sam Bankman-Fried's conviction on fraud charges, casting a shadow over the crypto exchange's future. During DC Fintech Week,
Book | Nov 9, 2023 The National Crowdfunding & Fintech Association of Canada (NCFA) is thrilled to announce the release of "Fintech Explained," the latest book by esteemed NCFA Advisor Michael R. King. Published by the University of Toronto Press, this comprehensive guide is an essential read for anyone looking to navigate the complexities of
The IRS on Thursday announced higher federal income tax brackets and standard deductions for 2024. Here's what taxpayers need to know.
Regulation | Nov 9, 2023 The U.S. House of Representatives has introduced a provision in the spending bill that could curtail the SEC's enforcement capabilities against crypto businesses. This legislative maneuver aims to restrict the SEC's funding for enforcement actions against crypto businesses, a move that underscores the ongoing tension between regulatory bodies and the