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NCFA Open Letter: Government should collaborate with Fintechs

The wish I was spring skiing in Whistler links for April 16, 2020

  • NCFA Letter to Government
  • Ringin the bell
  • Exponential opportunity
  • The open banking vaccine
  • Open FDIC
  • UK Fintechs gettig the Covid nod
  • hecking the entrails
  • The innovators dilemma
  • And a couple of interesting opportunities
  • Crowdsourced predictions on lifting US lockdown

 

News and Stories

 

Ringin the bell: Fred Pye and the gang at 3iQ finally got their Bitcoin Fund listed on the TMX.

 

Exponential opportunity: There’s some good news for retail and accredited investors looking for investment opportunities in the digital asset space. Exponential has launched their Digital Asset Fund through FrontFundr and Dealsquare. 

 

The open banking vaccine: Looking at the challenges of distributing cash, managing applications and doing everything in response to Coronavirus at scale requires Fintech solutions. The case for Open Banking could not be more compelling. 

 

Open FDIC: The Federal Deposit Insurance Corp is floating a proposal to help fintechs become regulated financial entities. 

 

UK challenge of administering CIBLS loans: In the UK only a small portion of applicants for small business support under a relief program, have been approved. Anyone with experience at any city hall getting a permit for ANYTHING would not be surprised by this result.  So what to do?  Now, they are tapping well known Fintechs to help administer loans. 

 

Checking the entrails:  What do the next ten years hold?

 

The innovators dilemma: Canada has an innovation problem. It’s not a talent problem, we have lots of incredible talent. It’s a thinking problem.  And because of the way Canada thinks about innovation, affects how it gets financed. Should we send a copy of William Janeway’s Doing Capitalism in the Innovation Economy to every member of parliament?

NCFA Open Letter: Government should collaborate with Fintechs

 NCFA Open Letter:  Government should collaborate with Fintechs

 

 

Research, Grants and Upcoming Webinar

 

Not pretty: The IMF is out with their World Economic Outlook. 


Grants up for grabs: Fast Funding for COVID-19 Science With a strong emphasis on creative thinking as researchers, and clinicians look for a Covid solution, how many other breakthroughs might materialize in the next 12-18 months? You heard it here first.  

 

Upcoming webinar (Apr 17): Using Stable Coins to Facilitate Financial Stability and Inclusion Under Unprecedented Times

 

Crowdsourced Predictions:  FutureLoop

 

Five days ago, Peter Diamandis asked the FutureLoop community an interesting Covid-19 question, which combines both machine learning (ML) and human intelligence (HI) in a symbiotic loop, we aggregated predictions from nearly 2,000 participants with some fascinating results!

 

When will the last shelter-at-home lockdown be lifted in the U.S.?

 

(1) Nearly 17% (by far the largest consensus) predict all U.S. lockdowns will be lifted by the week of June 3rd, now only 7 weeks away;

 

(2) Meanwhile, as generated by FutureLoop’s machine-learning platform, the community average isn’t far off from the mode, with all lockdown lifts estimated for the week of June 12th.

 

(3) As to the male/female split, men seem to be slightly more optimistic than women, representing an average prediction of 8.32 weeks vs. women's later estimate of 9 weeks.

 

(4) You can participate and look at prediction breakdowns by industry, title and expertise here.

  

Featured industry partner of the week:

RCG Group
RCG Group

 

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Have questions or want to get involved?  Fire us an email at: info@ncfacanada.org. 

 

Have an incredible week...NCFA

 

 

NCFA industry partners

 

Thanks for sharing -> with your colleagues

 

Visit us:  ncfacanada.org

 

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