Latest News on private equities market

Many Americans fear a recession as severe as 2008 could be coming. Here’s what experts say

As the Federal Reserve works to curb inflation, experts are forecasting for a mild recession. Here's when they say that downturn may start.

2 years ago

End of China’s Fintech Crackdown Could Revive Investor Confidence

Techcrunch | Rita Liao | Jul 7, 2023 The Chinese government's regulatory crackdown on the fintech industry, which began in late 2020, appears to be concluding with substantial fines levied on Tencent and Alibaba, the two dominant players in China's digital payments market. Tencent and its payments subsidiary Tenpay have been fined approximately $410 million,


The post End of China’s Fintech Crackdown Could Revive Investor Confidence first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Small businesses may have a hard time finding teen workers this summer

The unemployment rate for teens aged 16 to 19 crept up slightly in June, while the labor participation rate fell year on year.

2 years ago

Do you want to protect your money from inflation? This advisor shares some of her top tips

CNBC FA Council member Lazetta Braxton shares her top tips tor how to adapt to inflationary times. The key is to "be creative," she said.

2 years ago

Canada’s Bold Move: Suspending Ads on Facebook and Instagram – What’s Next?

CTV News | Nojoud Al Mallees and Tara Deschamps | Jul 5, 2023 In response to Meta's decision to block Canadian news content, the Canadian government, along with several media companies, are suspending their advertisements on Facebook and Instagram, signaling a potential shift in the digital advertising landscape and news consumption habits. This decision is


The post Canada’s Bold Move: Suspending Ads on Facebook and Instagram – What’s Next? first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Unraveling Threads: How Meta’s New App is Weaving a New Path in Social Networking

CBC News | Patrick Smith | Jul 6, 2023 Meta's new conversation app, Threads, garners over 10 million sign-ups within hours of launch, challenging Twitter's dominance amidst user discontent over tweet-viewing limits. Meta's launch of Threads, a new conversation app, has seen an overwhelming response with over 10 million sign-ups within seven hours of its


The post Unraveling Threads: How Meta’s New App is Weaving a New Path in Social Networking first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

The job market is still favorable for workers. ‘You’re in a lucky position,’ economist says

Federal and private job data issued Thursday suggests the labor market has remained resilient in the face of economic headwinds.

2 years ago

Canadian Regulators Set Expectations for Crypto Asset Investment Funds: A Comprehensive Overview

CSA Release | Jul 6, 2023 The Canadian Securities Administrators (CSA) has issued a comprehensive guidance for fund managers of public investment funds dealing in crypto assets. This step is aimed at ensuring compliance with securities law requirements, thereby enhancing the transparency and security of Canada's burgeoning crypto market.  The guidance provides a detailed overview


The post Canadian Regulators Set Expectations for Crypto Asset Investment Funds: A Comprehensive Overview first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Biden administration gives student loan borrowers some leeway when payments restart

When federal student loan payments restart in the fall, borrowers will be spared for 12 months from the harshest consequences of falling behind.

2 years ago

Companies start to recognize the importance of 'out of office' time to reduce employee burnout

Employers recognize the need to reduce employee burnout, as employees report overall better feelings and productivity upon returning from vacation.

2 years ago

FTC warns about student loan scams following Supreme Court decision

The Federal Trade Commission issued a consumer alert about likely fraud attempts after the Supreme Court's ruling Friday against student loan forgiveness.

2 years ago

OMFIF Report on Central Banks and Cloud Services: New Frontier

OMFIF | July 5, 2023 Insights from interviews with central banks and regulated financial infrastructure providers on central banking and cloud services Many institutions are adopting a hybrid approach to data management, leveraging advanced cloud technology for less sensitive data while keeping personally identifiable information secure in on-premises storage. However, central banks remain cautious, valuing


The post OMFIF Report on Central Banks and Cloud Services: New Frontier first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Bloomberg Invest: Banking and Blockchain Conversation with Former SEC Chair Jay Clayton and Dan Morehead of Pantera Capital

Pantera Capital | Dan Morehead | Jun 29, 2023 “I think the crisis is a harbinger for the future.  If you think about it, banks are a terribly-designed stablecoin." A conversation on banking and blockchain with Dan Morehead, CEO Pantera Capital Conversation and former SEC Chairman Jay Clayton at the Bloomberg Invest Conference on June


The post Bloomberg Invest: Banking and Blockchain Conversation with Former SEC Chair Jay Clayton and Dan Morehead of Pantera Capital first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

BCSC Launches Second Fintech Advisory Forum Participants

BCSC | Release | Jun 30, 2023 The British Columbia Securities Commission (BCSC) has established its second Fintech Advisory Forum set to advise BCSC staff on fintech trends and developments, including opportunities and risks, and provide input on fintech issues in the securities industry and securities law issues affecting fintech. The Forum, which was constituted


The post BCSC Launches Second Fintech Advisory Forum Participants first appeared on National Crowdfunding & Fintech Association of Canada.

2 years ago

Some businesses scrap tip prompts, as one-third of Americans say 'tipping culture is out of control'

'Tip fatigue' doesn't begin to cover it, one expert says, causing some businesses to opt out of the payment systems with pre-determined options.

2 years ago