Taxes and Innovation | April 19, 2024 In the 2024 federal budget, Canada proposed significant changes to the capital gains tax, specifically increasing the inclusion rate to 2/3 for gains exceeding CAD 250,000. This policy shift is poised to have profound implications that have sparked a country wide debate.  The 2024 Canadian federal budget proposed The post Canada’s Capital Gains Tax Changes Sparks Economic Debate first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Open Finance | April 19, 2024 Balancing Innovation and Privacy in the UK's Open Finance Evolution As the UK steadily advances towards the implementation of Open Finance, a delicate balance is being sought between pioneering financial services and the imperative protection of individual privacy. Drawing insights from the KPMG report "The Roadmap to Open Finance The post The Transition Towards Open Finance in the UK first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Consumer-Driven Banking | April 17, 2024 2024 Budget Announces Next Steps on Canada's Consumer-Driven Banking Framework But Lacks Clarity on Launch Date The 2024 federal budget announcement of Canada's Consumer-Driven Banking Framework takes another step towards implementing a 'made in Canada' Open Banking regime with a strong emphasis on security and consumer rights. Although the The post Small Step Forward As Feds Publish Straw-man Open Banking Framework first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Open Banking | April 16, 2024 Will Canada's Open Banking Framework be tabled in the 2024 federal budget as promised? As Canada stands on the cusp of adopting open banking, the financial sector and consumers alike await the specifics of the framework that will dictate the future of banking in the country. The answers to The post Canada’s Open Banking Framework 2024 Preview first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Survey | April 15, 2025 The Dichotomy of AI in the Workplace and Strategies to Manage it's Impact According to a recent Deloitte Digital and Natter report called "AI can cut costs but at what cost to the workforce experience", while AI promises substantial improvements in efficiency and productivity, it also raises significant concerns regarding The post Double-Edge Sword of AI’s Impact on Workforce Experience first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Release | April 15, 2024 VoPay's Partnership with Mastercard Will Offer Near Real-Time Money Movement in Canada and Globally for Consumers and Businesses Mastercard and VoPay have announced a strategic partnership leveraging Mastercard's comprehensive money transfer solutions, known as Mastercard Move, to facilitate rapid, secure, and efficient monetary transactions both domestically and internationally. This partnership The post Canadian Fintech VoPay and Mastercard Partner to Move Money first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Bitcoin | April 15, 2024 Understanding the Ripple Effects of Bitcoin's 2024 Halving The upcoming Bitcoin halving in 2024 is poised to significantly impact the cryptocurrency market. Historically, these events have precipitated major price fluctuations and heightened investor interest due to the reduced rate at which new bitcoins are created, effectively diminishing the block reward The post Strategic Implications of Bitcoin Halving in 2024 first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Real Estate Fintech | April 14, 2024 Michael Katchen on Redefining Mortgage Accessibility for the Next Generation Could Wealthsimple be making big moves in the mortgage industry, especially for young Canadians struggling with homeownership? The company is all about making financial products simple and accessible, a vision that Michael Katchen, CEO and co-founder, emphasized in The post Michael Katchen: Redefining Mortgage Accessibility first appeared on National Crowdfunding & Fintech Association of Canada ..read more

April 12, 2024 Over the years, horse racing as a sport has painted quite an interesting brand identity that most people connect with history, traditions, and high-class elegance. But in reality, the situation is quite different. If we take away the old-school layer of the sport, we can unveil that horse racing is one of The post Riding the Digital Wave: Fintech Solutions in Horse Racing Management first appeared on National Crowdfunding & Fintech Association of Canada ..read more

AI | April 12, 2024 AI is not just a tool for augmenting human tasks but an emerging workforce that merges labor and software into a single market NFX recently published an article titled "The AI Workforce is Here: The Rise of a New Labor Market" that discusses the merging of labour and software due The post The Rise and Implications of a New AI Software Workforce first appeared on National Crowdfunding & Fintech Association of Canada ..read more