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The Impact of Big Tech in Finance

The Impact of Big Tech in Finance

Policy | Oct 23, 2023 The incursion of Big Techs into the financial sector is a double-edged sword, bringing about efficiencies and expanding access to financial services, while also posing significant challenges related to market dominance, data privacy, and algorithmic biases. In recent years, the financial sector has undergone a transformative shift, with Big Tech


The post The Impact of Big Tech in Finance first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago
The 10-year Treasury tops key 5% level once again: Here’s what that means for you

The 10-year Treasury tops key 5% level once again: Here’s what that means for you

The yield on the benchmark 10-year Treasury is back above 5%, a key level that could impact mortgage rates, student debt, auto loans and more.

2 years ago
Wall Street hikes forecasts for anti-obesity drug sales to $100 billion and beyond — A look at the numbers

Wall Street hikes forecasts for anti-obesity drug sales to $100 billion and beyond — A look at the numbers

Citi notched its estimate for incretin drug sales to $71 billion by 2035, up from its prior estimate of $55 billion. That view seems conservative. Here's why.

2 years ago
'The bond vigilante is coming back,' UBS strategist says

'The bond vigilante is coming back,' UBS strategist says

The "bond vigilantes are coming back" as investors continue to sell amid the prospect of a growing fiscal deficit, according to UBS Asset Management's Kevin Zhao.

2 years ago
What to know as IRS kicks off withdrawal option for pandemic-era small business tax credit

What to know as IRS kicks off withdrawal option for pandemic-era small business tax credit

The IRS has announced a special withdrawal process for small businesses that wrongly claimed the employee retention tax credit. Here's what to know.

2 years ago
Canada New AI Copyright Policy Consultation

Canada New AI Copyright Policy Consultation

AI Consultation | Oct 23, 2023 The Canadian government's Strategic Policy Sector has released the latest 2023 consultation paper addressing the copyright law challenges and opportunities presented by quickly emerging generative artificial intelligence (AI). This current consultation builds upon perspectives gathered during the previous consultation in 2021 and the 2018-19 parliamentary review of the Copyright


The post Canada New AI Copyright Policy Consultation first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago
From Freshman to Graduation: The Role of AI in College Student Success

From Freshman to Graduation: The Role of AI in College Student Success

William Fontes | Oct 23, 2023 In a rapidly evolving world where technology is at the forefront of change, artificial intelligence (or AI) has emerged as a significant player in various sectors, including education. College students navigating from freshman year to graduation often seek tools to aid them. AI could play a game-changing role in


The post From Freshman to Graduation: The Role of AI in College Student Success first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago
Inaccurate bills, hours on the phone: Student loan borrowers reenter 'a very messy system'

Inaccurate bills, hours on the phone: Student loan borrowers reenter 'a very messy system'

The Biden administration restarted student loan bills for 40 million Americans this month. So far, the transition is proving painful for many borrowers.

2 years ago
Top Wall Street analysts favor these five dividend stocks during tumultuous times

Top Wall Street analysts favor these five dividend stocks during tumultuous times

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco and Chesapeake Energy.

2 years ago
Starboard may be poised to build value amicably at contract research firm Fortrea

Starboard may be poised to build value amicably at contract research firm Fortrea

Activist Starboard Value recently disclosed a position in Fortrea Holdings. The firm may be able to take a friendly approach to building shareholder value.

2 years ago
Social Security may affect workers differently in 2024. Here are 3 key things to keep in mind

Social Security may affect workers differently in 2024. Here are 3 key things to keep in mind

In 2024, high earners may pay more Social Security taxes. Plus, working while receiving retirement benefits may have consequences. Here's what to know.

2 years ago
Running a franchise business like fast food is getting more expensive

Running a franchise business like fast food is getting more expensive

McDonald's recent decision to raise fees for fast food franchise owners should be a wake-up call to franchisees that costs are increasing.

2 years ago
Regional bank shares slump as lenders warn of more pain from higher interest rates

Regional bank shares slump as lenders warn of more pain from higher interest rates

Several weak quarterly earnings reports highlighting the negative effect of higher interest rates soured investor sentiment on the industry.

2 years ago
As mortgage rates hit 8%, home 'affordability is incredibly difficult,' economist says

As mortgage rates hit 8%, home 'affordability is incredibly difficult,' economist says

Mortgage rates hit 8% for the first time in decades. Homebuyers must earn $114,627 to afford a median-priced house in the U.S., found real estate firm Redfin.

2 years ago
CFPB Unveils Open Banking and Consumer Data Rights Proposal

CFPB Unveils Open Banking and Consumer Data Rights Proposal

Open Banking | Oct 20, 2023 The Consumer Financial Protection Bureau (CFPB) has taken a monumental step towards Open Banking that will reshape the banking landscape. Their latest proposal is set to empower consumers, enhance competition, and streamline data sharing practices in the financial sector. Overview of Proposal The Consumer Financial Protection Bureau (CFPB) has


The post CFPB Unveils Open Banking and Consumer Data Rights Proposal first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago