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The U.S. Department of Education extended the pause on student loan payments through January 2021, given millions of borrowers another month of relief.

Senate Minority Leader Chuck Schumer, D-N.Y., called on President-elect Joe Biden to cancel up to $50,000 in student loans. Here are the potential tax impacts.

IMF Blog | Jennifer Elliott, Nigel Jenkinson | Dec 7, 2020 Many of us take for granted the ability to withdraw money from our bank account, wire it to family in another country, and pay bills online.Amid the global pandemic, we’ve seen how much digital connection matters to our everyday life. But what if a

The post Cyber Risk is the New Threat to Financial Stability first appeared on National Crowdfunding & Fintech Association of Canada.

RevoluGroup Canada | Dec 7, 2020 VANCOUVER, British Columbia, Dec. 07, 2020 (GLOBE NEWSWIRE) -- RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2) (the "Company") is pleased to announce that The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has granted the Company with the Canadian FINTRAC license M20352455 on the 4th of December 2020.

The post RevoluGROUP Canada Inc. Granted Canadian FINTRAC License first appeared on National Crowdfunding & Fintech Association of Canada.

For many, 2020 was a challenging year. That might prompt you to look at your financial situation differently. Advisors say these money moves still make sense.

The fintech firm has been adding banking services after pioneering the automated investment service sometimes called robo advisors.

Many Americans share one common burden: credit card debt. Getting out from under those balances can be easier or harder depending on where you live.

Details on a bipartisan Covid relief bill are scarce, but lawmakers have hinted at some of its contents relative to unemployment benefits.

Sen. Chuck Schumer, D-N.Y., repeated his call on President-elect Biden to forgive $50,000 in student debt for every borrower. Can Biden do it without Congress?

CNBC Make It | Catherine Clifford | Dec 4, 2020 Steve Wozniak is starting another company, 45 years after co-founding Apple with Steve Jobs Steve Wozniak is starting a second company, 45 years after he co-founded Apple in Steve Jobs’ parents garage in 1976. This time, Wozniak is starting a business in the green tech

The post Steve Wozniak's Blockchain Venture Lists Cryptocurrency Token, Reaches 0M In 13 Minutes first appeared on National Crowdfunding & Fintech Association of Canada.

Entrepreneur | Stephanie Schomer | Dec 2, 2020 Before making a tough decision that impacts your team's future, Gravity Payments CEO Dan Price has a simple suggestion: Ask them for advice. It worked for him. The year 2020 was rocky. Millions of people were laid off or furloughed. The pain may continue into the near-term

The post He Asked His Team How to Avoid Layoffs. Their Response Thrilled Him first appeared on National Crowdfunding & Fintech Association of Canada.

BIS | Monetary and Economic Department | Nov 20, 2020 Policymakers around the world are adopting regulatory sandboxes as a tool for spurring innovation in the financial sector while keeping alert to emerging risks. Using unique data for the UK, this paper provides first evidence on the effectiveness of the world’s first sandbox in improving

The post BIS Report: Inside the Regulatory Sandbox: Effects on Fintech Funding first appeared on National Crowdfunding & Fintech Association of Canada.

Cybercrime is on the rise and financial firms are among the biggest targets. Investor cash is at risk.

CCAF | Tania Ziegler | Dec 3, 2020 This global study seeks to assess how financial technology firms (FinTechs) have been impacted by COVID-19, and how they are responding to the resultant challenges and opportunities. The study is a joint initiative of the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge

The post CCAF Report: Global COVID-19 FinTech Market Rapid Assessment Study first appeared on National Crowdfunding & Fintech Association of Canada.

It is the largest monetary sanction in the Bureau's history and the second largest FINRA settlement in at least a decade.