Latest News on private equities market

Anti-fragility: Single Lightning Transaction Sends Network into Turmoil

CoinDesk | Frederick Munawa | Nov 2, 2022 A Twitter user by the name “Burak” (@brqgoo) sent a large swath of the Lightning Network into turmoil on Tuesday morning, when he allegedly created a non-standard Bitcoin transaction that prevented users from opening new Lightning channels (connections between Lightning nodes). Anti-fragility:  Burak’s shenanigans disrupted a good


The post Anti-fragility: Single Lightning Transaction Sends Network into Turmoil first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

McKinsey: Reshaping Retail Banks for the Digital Battlefield

McKinsey & Company | Oct 18, 2022 The current model of universal retail banking is unsustainable over the long term. To thrive, banks need to reinvent themselves, focusing on businesses where they can achieve and extend market leadership in the new digital world. Banks face severe challenges and key trends: shifting in scale advantages from


The post McKinsey: Reshaping Retail Banks for the Digital Battlefield first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Rich Turrin: mBridge Pilot Demonstrates How CBDC Framework Can Avoid Sanctions (Part 1)

LinkedIn Newsletter - Cashless | Richard Turrin | Oct 30, 2022 mBridge transferring $22m in CBDCs cross-border is [BIG DEAL] in the payment world and most of the world slept through it! Sanctions will never be the same. mBridge is the largest cross-border CBDC pilot to date, with over US$ 12 M of CBDCs issued


The post Rich Turrin: mBridge Pilot Demonstrates How CBDC Framework Can Avoid Sanctions (Part 1) first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Families can get Pell Grants of up to $6,895 to help with college costs. Here's what you need to know

Many undergraduate students who are eligible for Pell Grants don't apply. Here's what to know about the aid, which can make college more affordable.

2 years ago

As Election Day approaches, Democrats warn of possible repercussions for Social Security and Medicare

Democrats, including President Joe Biden, have said the midterm election may shape two government programs retirees rely on, Social Security and Medicare.

2 years ago

Before dropping a Medicare Advantage plan altogether during open enrollment, compare these key costs

If you are thinking about dropping your Advantage Plan in favor of basic Medicare, your costs will likely look different, experts say.

2 years ago

As Election Day approaches, Democrats warn that Social Security and Medicare are at stake

Democrats, including President Joe Biden, say the midterm elections may decide the future of two programs retirees rely on, Social Security and Medicare.

2 years ago

Buffet-backed Nubank to Launch ‘Nucoin’ Loyalty tokens on the Polygon Blockchain

Cointelegraph | Ana Paula Pereira  | Oct 19, 2022 Nubank, a fintech bank in Brazil, announced the creation of the Nucoin token on the Polygon blockchain on Oct. 19, paving the way for a rewards program for its 70 million clients across Latin America.  Loyalty tokens: The company said that the token will be available


The post Buffet-backed Nubank to Launch ‘Nucoin’ Loyalty tokens on the Polygon Blockchain first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Here's what the Federal Reserve's fourth 0.75 percentage point interest rate hike means for you

Here’s how your mortgage, credit card, car loan, student debt and savings could be affected by the latest major Fed rate hike.

2 years ago

Here’s how to adjust your portfolio as the Fed hikes interest rates again

The Federal Reserve enacted its fourth three-quarters of a percentage point interest rate increase to fight inflation. Here's what it means for investors.

2 years ago

Opinion: Crypto and Financial Inclusion – Dispelling Narratives

Brookings | Tonantzin Carmona | Oct 26, 2022 Conclusion   Before embracing cryptocurrencies or overstating their potential, policymakers should first clarify the problems they are trying to solve, and more importantly, why they are trying to solve them.[87] When it comes to crypto and financial inclusion, there are fluctuating and contested terms and narratives. Thus, it


The post Opinion: Crypto and Financial Inclusion – Dispelling Narratives first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Can Canada go Cashless?

Global News | Alley Wilson & Anne Gaviola  | Oct 29, 2022 Whether you pay by debit, credit, mobile wallet or smartwatch, speed and convenience are driving the way Canadians are choosing to pay, but it all comes with a price — cash as a payment option is steadily declining. Cashless is Trending Pandemic: The


The post Can Canada go Cashless? first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Bank of Canada Speech: Ron Morrow, Executive Director at CIX Summit – Retail Payment Regulations

Bank of Canada | Ron Morrow | Nov 2, 2022 BoC Regulation:  New technology means new payment options—and new rules Growth:  In recent years, we’ve seen a sharp rise in the use of mobile and digital payments.  Canadians place their trust in payment service providers (PSPs) every day. When money changes hands electronically in new


The post Bank of Canada Speech: Ron Morrow, Executive Director at CIX Summit – Retail Payment Regulations first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

A ‘resale revolution’: Affluent shoppers embrace secondhand shopping

The resale business is now growing twice as fast as the broader retail market, helped, in part, by a surge of affluent shoppers.

2 years ago

Treasury Department announces new Series I bond rate of 6.89% for the next six months

The Treasury Department on Tuesday announced Series I bonds will pay 6.89% annual interest through April 2023. Here's what investors need to know.

2 years ago