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A Fintech Survival Guide to Understanding Gen Z Finance

A Fintech Survival Guide to Understanding Gen Z Finance

Education | Feb 8, 2024 Understanding Gen Z Finance:  A Fintech Survival Guide As Generation Z (born between 1997 and 2012) steps into financial independence amidst economic challenges, their unique financial behaviors, preferences, and terminologies come to the forefront. Understanding these aspects is crucial for fintech professionals aiming to engage, communicate, and develop services for


The post A Fintech Survival Guide to Understanding Gen Z Finance first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago
Average credit card balances jump 10% to a record $6,360, and more consumers fall behind on payments

Average credit card balances jump 10% to a record $6,360, and more consumers fall behind on payments

Americans are increasingly leaning on credit to make ends meet, boosting balances and total debt to fresh highs.

2 years ago
Borrowers in 'financial hardship' could get student loan forgiveness. Who might qualify?

Borrowers in 'financial hardship' could get student loan forgiveness. Who might qualify?

The Biden administration is looking to forgive the student debt of financially strapped borrowers. There are clues to whom that might include.

2 years ago
Average credit card balances jump 10% to a record $6,360 as more consumers fall behind on payments

Average credit card balances jump 10% to a record $6,360 as more consumers fall behind on payments

Americans are increasingly leaning on credit to make ends meet, boosting balances and total debt to fresh highs.

2 years ago
As baby boomers hit 'peak 65' this year, what the retirement age should be is up for debate

As baby boomers hit 'peak 65' this year, what the retirement age should be is up for debate

More Americans are expected to turn 65 through 2027 than in any time in history. Despite the 'silver tsunami,' the correct age to retire is still in question.

2 years ago
NBA in Legal Battle Over Crypto Marketing

NBA in Legal Battle Over Crypto Marketing

News | Feb 8, 2024 NBA Faces Lawsuit for Alleged Negligence in Crypto Exchange Marketing Deals The National Basketball Association (NBA) is currently embroiled in a significant legal challenge, accused of "gross negligence" for its marketing affiliations with the now-defunct crypto exchange Voyager Digital Holdings Inc. Investors have filed a lawsuit against the NBA, claiming


The post NBA in Legal Battle Over Crypto Marketing first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago
BoE Report: Open Banking Boosts Productivity, Competition

BoE Report: Open Banking Boosts Productivity, Competition

Research | Feb 7, 2024 Open Banking Boosts Competition and Productivity, Transforming Financial Services Landscape The Bank of England recently published Staff Working Paper No. 1,059 titled "Customer data access and fintech entry: early evidence from open banking"  The research on Open Banking (OB) policies provides substantial evidence that implementing OB can indeed improve competition


The post BoE Report: Open Banking Boosts Productivity, Competition first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago
Over 18 million rental units are exposed to climate hazards as extreme weather becomes more common, Harvard study finds

Over 18 million rental units are exposed to climate hazards as extreme weather becomes more common, Harvard study finds

As extreme weather and climate-related hazards become more frequent across the U.S., renters face particular challenges.

2 years ago
This simple calculation will show if you’re withholding enough taxes from your paycheck

This simple calculation will show if you’re withholding enough taxes from your paycheck

If your tax refund or bill is higher than expected, it may be time to adjust your paycheck withholding. Here's how to know if you're withholding enough.

2 years ago
Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors

Hedge fund billionaire Bill Ackman to launch a NYSE-listed fund for regular investors

Pershing Square's Ackman will offer a new investment vehicle listed on the New York Stock Exchange, aiming to leverage his following among retail investors.

2 years ago
Meta Seeks New Standards in Labeling AI-generated Content

Meta Seeks New Standards in Labeling AI-generated Content

AI | Feb 7, 2024 Meta Expands AI-generated Image Labeling To Enhance Transparency and Accountability Across All Platforms According to TechCrunch, Meta is broadening the scope of its AI-generated imagery labeling posted by users to enhance transparency and user awareness  The strategic move is expected to increase the volume of labeled AI-generated synthetic versus authentic


The post Meta Seeks New Standards in Labeling AI-generated Content first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago
Stolen Crypto Funds Halve in 2023 Despite More Hack Attempts

Stolen Crypto Funds Halve in 2023 Despite More Hack Attempts

Report | Feb 7, 2024 Stolen Crypto Funds Drop Over 54.3% in 2023 Despite Persistent Threat of Hacking The recent analysis by Chainalysis has provided the crypto community with a detailed examination of the hacking landscape in 2023, revealing trends that are both encouraging and concerning. The report, "Stolen Crypto Falls in 2023, but Hacking


The post Stolen Crypto Funds Halve in 2023 Despite More Hack Attempts first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago
More than 18 million rental units at risk from climate hazards as extreme weather becomes more common, Harvard study finds

More than 18 million rental units at risk from climate hazards as extreme weather becomes more common, Harvard study finds

As extreme weather and climate-related hazards become more frequent across the U.S., renters face particular challenges.

2 years ago
WonderFi Announces Impressive Jan 2024 Growth Update

WonderFi Announces Impressive Jan 2024 Growth Update

Release | Feb 7, 2024 WonderFi Technologies Inc. reports a 751% revenue surge in January 2024, showcasing significant growth and operational success. Key January 2024 Metrics WonderFi reported a consolidated revenue of $4.8M (Bitbuy-100%, Coinsquare-100%, Smartpay-100%, Tetra-43% + Bitvo's client and domain acquisition), marking an impressive 751% increase year-over-year. As of December 31, 2023, WonderFi's


The post WonderFi Announces Impressive Jan 2024 Growth Update first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago
Saving for retirement in your 50s can be 'really stress-inducing,' expert says. These tips can help

Saving for retirement in your 50s can be 'really stress-inducing,' expert says. These tips can help

People in their 50s often face competing priorities that may make it difficult to prioritize retirement. Experts say these tips can help you stay on track.

2 years ago