Latest News on private equities market

How AI is impacting customer experience in fintech

VentureBeat | VB Staff | Oct 29, 2020  “The democratization of AI technology means that it’s no longer confined to the university lab or the big corporate R&D lab, but available to individual developers and startups that can get going on this journey very easily and quickly,” says Dr. Steve Flinter, VP of artificial intelligence


The post How AI is impacting customer experience in fintech first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

Someone Just Sent $1 Billion in Bitcoin, Paid Only $3 in Fees

Decrypt | Jeff Benson | Oct 26, 2020 In back-to-back transactions this morning, 45,671 Bitcoin ($602 million) and 43,185 Bitcoin ($570 million) left a Xapo account to other wallets. That's over $1.1 billion in Bitcoin, and all for a total transaction fee of $3.54. See: Bitcoin price hits record high for 2020 after PayPal finally adds cryptocurrency Though


The post Someone Just Sent Billion in Bitcoin, Paid Only in Fees first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

The Dark Side of Fintech Borrowing

HBS Working Knowledge | Rachel Layne | Oct 25, 2020 Fintechs have revolutionized the banking industry, but some customers end up worse for the experience, according to research by Marco Di Maggio and colleagues. Consumers turning to fintech lenders are more likely to spend beyond their means, sink further into debt, and ultimately default more


The post The Dark Side of Fintech Borrowing first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

Cadillac Fairview broke privacy laws by using facial recognition technology at malls, investigators conclude

The Star | Kate Allen | Oct 29, 2020 Cadillac Fairview broke Canadian privacy laws after the company installed facial recognition technology inside a dozen malls and analyzed visitors’ images without obtaining proper consent, federal and provincial privacy commissioners announced Thursday. Toronto’s Eaton Centre, Sherway Gardens and Fairview Mall all used the software. Markville Mall in Markham,


The post Cadillac Fairview broke privacy laws by using facial recognition technology at malls, investigators conclude first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

From Voting To Social Media: What Does The Future Hold For Digital Identity On The Blockchain

Forbes | Lawrence Wintermeyer | Oct 30, 2020  The CEO’s of America’s tech giants Twitter and Facebook were grilled by the Senate on the Hill this week putting social media and free speech in the spotlight. At the forefront of this debate are the rules governing the immunity from liability social media companies have which


The post From Voting To Social Media: What Does The Future Hold For Digital Identity On The Blockchain first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

'Stay invested' — Raymond James CEO says don't run from the market despite Covid fears

"If you're uncertain, go ahead and make some adjustments, ... but don't run away from the markets long term," Raymond James CEO Paul Reilly told CNBC.

5 years ago

Halfway through earnings season, the coronavirus resurgence is overshadowing great results

We are now halfway through a spectacular third quarter earnings season, but the market has shrugged.

5 years ago

Vast migration of over 14 million Americans coming due to rise in remote work, study shows

Over 14 million Americans plan to relocate to a new U.S. city or region due in part to growth in remote work, according to an Upwork report released Thursday. 

5 years ago

Medicare will cover early vaccines for Covid

The Trump administration has released a plan to make an emergency-use vaccines available to Medicare beneficiaries with no cost-sharing.

5 years ago

Worried about recent volatile markets? Financial experts say stick to a plan

U.S. stocks have been on a roller-coaster ride this year that shows no signs of stopping. Advisors recommend embracing volatility and having a plan.

5 years ago

You should be optimizing your cloud operations right now: Here’s how

TechRepublic | Scott Matteson | Oct 6, 2020 In my capacity as a system administrator, I've definitely seen the benefits of cloud services which my organization implemented before the pandemic. Not only do we rely on Microsoft 365 apps, we are safely and securely able to use local applications such as Microsoft Teams, which connect to cloud-based servers


The post You should be optimizing your cloud operations right now: Here's how first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

Visa, Mastercard and Amex profits hit by lack of international travel during pandemic

The major credit card companies reported double digit drops in profits, pointing in part to a slowdown in international travel. 

5 years ago

It's legal to give bad financial advice. New SEC protections may not help much

Financial advisors and brokers exist under two different regulatory regimes. A new SEC rule sought to level the playing field but may not have helped much.

5 years ago

Biometric payment, access and ID cards launching around the world

Biometric Update | Chris Burt | Oct 24, 2020 Biometric cards for payments, access control and digital identity in several regional markets featured prominently among the top news stories in the biometrics industry this week. A new partnership on biometric payment cards by Mastercard and Idemia is being launched with a pilot expected in Q4. The card


The post Biometric payment, access and ID cards launching around the world first appeared on National Crowdfunding & Fintech Association of Canada.

5 years ago

Here's what you should know about Trump, Biden and your taxes

The clock is ticking down to Election Day. Here's a breakdown of where President Donald Trump and Democratic candidate Joe Biden stand on key tax policies.

5 years ago