Latest News on private equities market

Bank of Canada to become new regulator of fintech companies doing payments processing

Bank of Canada to become new regulator of fintech companies doing payments processing

The Globe and Mail | James Bradshaw and Mark Rendell | May 6, 2021 The federal government has introduced a new law to begin regulating technology companies offering payment services, aiming to increase trust in financial technology startups and stoke competition with established banks as digital payments become more popular. The Retail Payments Activities Act


The post Bank of Canada to become new regulator of fintech companies doing payments processing first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago
A Visual Explanation of Algorithmic Stablecoins

A Visual Explanation of Algorithmic Stablecoins

Dragonfly Research | Haseeb Qureshi | Apr 27, 2021 Stablecoin usage has exploded in the last year. And yet, fewer and fewer people seem to understand how these stablecoins actually work. For some reason, stablecoin creators are obsessed with making these designs seem impenetrably complex. Almost every white paper is mired in equations and newly


The post A Visual Explanation of Algorithmic Stablecoins first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago
April's big jobs miss explained and what it means for the U.S. economic outlook

April's big jobs miss explained and what it means for the U.S. economic outlook

A confluence of factors helped explain the weak Labor Department count.

5 years ago
At least 7 million people are likely to get unemployment tax refunds

At least 7 million people are likely to get unemployment tax refunds

About 7.3 million tax returns processed by early March appear to qualify for a new unemployment tax break, according to a report.

5 years ago
Despite dismal jobs report, teenagers looking for summer work are in luck

Despite dismal jobs report, teenagers looking for summer work are in luck

Despite a disappointing jobs report, teen employment is looking up as summer approaches — especially as restaurants and bars become desperate to find help.

5 years ago
Goldman Sachs internal memo unveils new cryptocurrency trading team

Goldman Sachs internal memo unveils new cryptocurrency trading team

Goldman Sachs formally kicked off the cryptocurrency trading era on Wall Street.

5 years ago
SEC Chair Gensler: Agency is looking at retail brokerage apps, how they make money on trades

SEC Chair Gensler: Agency is looking at retail brokerage apps, how they make money on trades

"There is a little bit of a conflict of interest," SEC Chairman Gary Gensler told CNBC on Friday.

5 years ago
Here's who would benefit most from student loan forgiveness

Here's who would benefit most from student loan forgiveness

The pain of student debt is worse for some than others. Here's who would benefit most from cancellation of the loans.

5 years ago
Montana, South Carolina to kick people off jobless benefits even as unemployment rises

Montana, South Carolina to kick people off jobless benefits even as unemployment rises

Montana and South Carolina are ending participation in federal unemployment programs in June. More states may follow.

5 years ago
During Covid, more families switch to private school from public education

During Covid, more families switch to private school from public education

During the coronavirus crisis, families are finding that financial aid provides access to schools they otherwise couldn't afford.

5 years ago
29% of unemployed Americans have been jobless over a year

29% of unemployed Americans have been jobless over a year

About 29% of unemployed Americans have been out of work at least a year, a period of joblessness stretching to the early days of the Covid pandemic.

5 years ago
A Roth IRA could help you buy a home. Here's what to know

A Roth IRA could help you buy a home. Here's what to know

Up to $10,000 in Roth IRA earnings can be withdrawn free of taxes and penalty, along with contributions, for a home purchase if you meet certain requirements.

5 years ago
Teachers strive to bring more parents into personal finance education

Teachers strive to bring more parents into personal finance education

Teachers want to get parents more involved with personal finance education in a way that helps everyone learn.

5 years ago
National eviction ban remains in effect as government appeals ruling. Here's what renters need to know

National eviction ban remains in effect as government appeals ruling. Here's what renters need to know

The Department of Justice quickly moved to appeal a ruling this week that overturned the nationwide ban on evictions. What struggling renters need to know.

5 years ago