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Struggling to pay your bills in retirement? These resources can help

Struggling to pay your bills in retirement? These resources can help

Many Americans retire without enough savings. These resources can help them make ends meet.

4 years ago
Tips for Fintechs Negotiating Service Contracts with Financial Institutions

Tips for Fintechs Negotiating Service Contracts with Financial Institutions

Osler | Simon Hodgett, Christine Jackson | May 12, 2022 FIs pursue agreements with fintechs for a number of reasons, including accessing novel technology capabilities with a nimble development team, collaborating on new product offerings, and accessing potential new, under-tapped customer demographics.  In our practice, we frequently see a wide variety of agreements, including outsourcing


The post Tips for Fintechs Negotiating Service Contracts with Financial Institutions first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago
Open Banking Surpasses 5 million User Milestone in the UK

Open Banking Surpasses 5 million User Milestone in the UK

Sifted | Apr 5, 2022 Just this year, open banking hit 5m users in the UK. While this is far behind experts’ predictions of where the tech would be, it’s still a significant milestone. “Open banking is the ability for people to have more control over their bank accounts.  Closed banking means, if you have


The post Open Banking Surpasses 5 million User Milestone in the UK first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago
US Treasury of Foreign Assets Control Sanctions Virtual Currency Mixer (First Time Ever)

US Treasury of Foreign Assets Control Sanctions Virtual Currency Mixer (First Time Ever)

Mayer Brown | May 13, 2022 On May 6, 2022, the US Department of the Treasury's Office of Foreign Assets Control ("OFAC") designated crypto mixer Blender.io as a Specially Designated National ("SDN"), marking the first time a virtual currency mixer has been sanctioned. The move is the latest in a series of sanctions designations and enforcement actions


The post US Treasury of Foreign Assets Control Sanctions Virtual Currency Mixer (First Time Ever) first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago
40% of parents have an adult child living with them, survey finds. Here's how they can still prioritize their financial goals

40% of parents have an adult child living with them, survey finds. Here's how they can still prioritize their financial goals

As rents and home prices soar, more adult children are boomeranging back to live with their parents. But that doesn't have to set you back financially.

4 years ago
Capital gains may have triggered hundreds of billions more in individual taxes for 2021, analysis shows. How to trim your tax bill

Capital gains may have triggered hundreds of billions more in individual taxes for 2021, analysis shows. How to trim your tax bill

Individuals paid significantly more taxes this season, and the surge in capital gains in 2021 may be to blame, according to the Penn Wharton Budget Model.

4 years ago
Growing Trends:  Insurtech and AI

Growing Trends: Insurtech and AI

Ince | Apr 26, 2022 The rapid development of converging technologies is bringing about fundamental changes to the insurance industry. In the long term, organisations that are slow to embrace these new technologies will struggle to compete and to retain their place in the market.  These innovations initially impacted the consumer market and the markets


The post Growing Trends: Insurtech and AI first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago
Try these gas-saving tips before you hit the road this Memorial Day weekend

Try these gas-saving tips before you hit the road this Memorial Day weekend

With gas prices at an all-time high heading into Memorial Day weekend, these savings tips can cut down the cost of filling up.

4 years ago
Being in a wedding party costs an average $825. Here’s how to avoid debt and regret

Being in a wedding party costs an average $825. Here’s how to avoid debt and regret

There's a marriage boom underway, which may mean you'll be shelling out a lot of money to be in wedding parties.

4 years ago
Employee Ownership Trusts:  How Employees Can Become Legal Shareholders for Free

Employee Ownership Trusts: How Employees Can Become Legal Shareholders for Free

CBC Radio | May 24, 2022 When Heather Payne, CEO of Juno College of Technology in Toronto is one of a number of Canadian business owners who are considering moving their company ownership structure to an employee ownership trust (EOT).  It's a legal structure that allows employees to become shareholders without paying directly for their shares. Shares are held


The post Employee Ownership Trusts: How Employees Can Become Legal Shareholders for Free first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago
Vitalik Proposes Web3 Credentials of the Future:  ‘Soulbound Tokens’

Vitalik Proposes Web3 Credentials of the Future: ‘Soulbound Tokens’

The Defiant | Jason Levin  | May 25, 2022 Ethereum creator Vitalik Buterin recently proposed a new kind of token standard that will help users gain insights into others’ real-world activities, accomplishments, likes and dislikes – something like a glimpse into their soul. Buterin’s soulbound tokens (SBTs) are non-transferrable NFTs held by unique crypto wallets


The post Vitalik Proposes Web3 Credentials of the Future: ‘Soulbound Tokens’ first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago
Here's why major cities may still be worth their high cost of living

Here's why major cities may still be worth their high cost of living

Cities' longstanding and dominant business advantages have waned in the pandemic but not disappeared amid wide adoption of remote work.

4 years ago
Why 2022 has been a dangerous time to retire — and what you can do about it

Why 2022 has been a dangerous time to retire — and what you can do about it

Stocks and bonds are down, and high inflation means retirees may need to draw more from their investments for income. But there are ways to manage these risks.

4 years ago
China vs the US:  The Lose-Lose Tech War

China vs the US: The Lose-Lose Tech War

Project Syndicate | Kishore Mahbubani , Tony Chan | May 20, 2022 The increasingly bitter rivalry between the United States and China ultimately will leave both countries – and the world – worse off. While competition is unavoidable and even beneficial in some areas, comprehensive efforts to derail each other’s progress stand little chance of success,


The post China vs the US: The Lose-Lose Tech War first appeared on National Crowdfunding & Fintech Association of Canada.

4 years ago
Still missing your tax refund? You'll soon receive 5% interest — but it’s taxable

Still missing your tax refund? You'll soon receive 5% interest — but it’s taxable

If you're still waiting for a tax refund, you may receive 5% interest starting July 1, 2022, according to the IRS. Here's what else to know.

4 years ago