College-sponsored financial products can be expensive and 'may mislead students,' CFPB warns
Some colleges offer and push financial products to students that can be exploitatively pricey, finds a new report by the CFPB. Here's what to look out for.
Some colleges offer and push financial products to students that can be exploitatively pricey, finds a new report by the CFPB. Here's what to look out for.
Starting next month, the IRS will resume automated collection notices and some taxpayers will receive a "special reminder letter." Here's what to know.
Taking these steps can help ensure you don't become a fraud victim as you check off those last-minute holiday gifts on your list.
AI Regulation | Dec 22, 2023 The UK Supreme Court ruled that artificial intelligence cannot be legally recognized as an inventor in patent applications This ruling has significant implications for the fintech and broader business community, especially those leveraging AI for innovation. The UK Supreme Court upheld the decision that an inventor must be a
Bitcoin may be bound for the 401(k) retirement plan as the SEC nears expected approval of a spot exchange-traded fund tracking the cryptocurrency.
Low inventory, high demand and elevated interest rates affected car shoppers in 2023. However, 2024 may be a better year to buy a car.
The IRS has unveiled a "voluntary disclosure program" for businesses that claimed a pandemic-era tax credit in error and want to pay the money back.
Fundraising | Dec 21, 2023 FrontFundr's pioneering 'Capital for the Community' campaign stands as a testament to the power of collective action and shared vision The "Capital for the Community" campaign by FrontFundr started on December 1st and ended on December 15th. This timeframe was specifically chosen for the campaign, focusing on a period of
Credit Markets | Dec 21, 2023 The global economy has witnessed a staggering increase in both public and private debt Bloomberg's "Points of Return" newsletter reports that public debt now accounts for 92% of the world's GDP, a threefold increase since the mid-1970s. Similarly, private debt has surged to 146% of GDP. This unprecedented rise
A 2021 study by the Census revealed that childless adults age 55 and older had a median net worth of $153,900 compared to $130,400 for biological parents.
IP Innovation and Strategy | Dec 20, 2023 Decoding IP's Power Play in Apple Pay vs. Alipay's Success In FinTech, two giants stand out and are worth of deep comparison: Apple Pay and Alipay. For both of these platforms, Intellectual Property (IP) has been instrumental in shaping their business models and strategic approaches. This article
The Powerball jackpot has jumped to an estimated $572 million. Here's the best time to claim the prize, according to financial experts.
Higher interest rates and anxiety over the stock market and economy pushed more consumers to buy annuities, experts said.
The IRS is waiving roughly $1 billion in late-payment penalties for millions of taxpayers with balances under $100,000 from returns filed in 2020 and 2021.
Crypto Lending | Dec 20, 2023 In 2023, the crypto sector witnessed a remarkable rebound in private credit, with a 55% increase since the start of the year This resurgence is particularly notable given the backdrop of last year's crypto crisis and the current environment of elevated interest rates. According to Bloomberg News, active private