Crowdfunding bill to allow startups to fundraise online

crowdfunding

The new bill will make it easier for entrepreneurs to raise capital and create jobs.

Have the Republicans and Democrats may finally agree on something?  They have agreed that  small business owners and entrepreneurs need better and more plentiful opportunities to gain access to capital, grow their businesses, and create more jobs.

 

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The Coming Collapse of Bitcoin?

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Futurist Thomas Frey: In 2008 the entire world was beginning to panic as our global financial systems teetered ever so close to total meltdown. Major banks were either failing or near failure and the entire house of cards seemed to be one 10 of clubs away from becoming a meaningless flat stack in the middle of the table.

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Sergey Brin donates half a million dollars to Wikipedia

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Wikipedia just got a big financial shot in the arm.

We’re all used to hearing of über-rich gazillionaires donating to charitable causes like finding cures for diseases and feeding hungry children in Africa. But what about websites? Now you can say that you’ve heard that too, as Google co-founder Sergey Brin has forked over $500,000 to Wikipedia.

The donation is actually from Brin’s charity, the Brin Wojcicki Foundation, which he founded with his wife, Anne Wojcicki. Before these big bucks were sent to the Wikimedia Foundation (the nonprofit that runs Wikipedia), the couple had donated to Michael J. Fox’s fund for finding a cure for Parkinson’s disease…

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Canada’s new high-tech plastic currency

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Canada’s plastic currency.

Many of us rely on plastic credit and debit cards to make the majority of our daily purchases but still the idea of saying goodbye to paper money seems ludicrous. The Bank of Canada is planning to do just that, and the first in an all-new line of plastic money will begin rolling out to consumers this month. The bills — made of a single piece of polymer — boast a longer life than paper notes, as well as some advanced security features to keep counterfeiters scratching their heads.

 

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Credit unions benefit from backlash against big banks

credit union

Credit unions added more new members during that month than in all of 2010.

Credit unions are benefiting from the backlash against big banks over new fees.   And in Texas, credit unions gained $326 million in new deposits from 47,000 new members during the month leading up to the so-called Bank Transfer Day. The Saturday event was orchestrated by an online campaign urging consumers to move their money from banks to the generally smaller credit unions.

 

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Civilisedmoney: A crowd-funded, ethical alternative to mainstream banks?

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Crowdfunding is a great way to pry control away from big money.

Whether it’s local investing in everybody eats restaurants, the microfinancing of entrepreneurs through Kiva, or citizen-funded clean energy through eco-bonds, we’ve featured plenty of ways to get passed the big banks and put your money to work.

Peer2Peer Finance Goes Mainstream
In the UK there are already a number of peer2peer lending sites, like ZOPA, that are offering rates of return far better than your traditional bank. A new venture called civilisedmoney is aiming to take this model even further, offering a fully transparent, crowd-funded alternative to every service offered by mainstream banks…

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