AIFinancial Institutions

RBC and Cohere partner to develop the next generation of highly secure generative AI solutions for financial services

TORONTO, ON–RBC has partnered with Cohere, a leader in security and privacy-focused enterprise AI, to co-develop and securely deploy an enterprise generative AI (genAI) solution optimized for financial services. The platform, called North for Banking, will integrate with RBC’s and Cohere’s own proprietary foundation models, as well as RBC’s internal …

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AIFall 2024 IssueFraud & Identity

How to Stay Out of the Headlines: Finding Accounting Irregularities Before They Become Front-Page News

By Wenzel Ryan Reyes, Senior Director for Methodology and Audit Solutions, MindBridge Analytics Financial scandals are dominating headlines with increasing frequency, affecting organizations of all sizes—from multinational corporations to fast-growing startups. No company is immune to the risks of fraud or financial reporting errors. The consequences go far beyond financial …

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AI

The Future is Now: How AI Will Reshape Canadian Business in 2025

by Sam Sebastian VP & Country Manager, Google Cloud Canada As we bid goodbye to 2024, I have been reflecting on how generative AI has continued to evolve from a nascent technology into a powerful force driving real business value. In conversations with Canadian customers earlier this year, many were …

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CybersecurityFraud & IdentityIndustry Trends

Cyber Resilience for the Financial Sector: Solutions for Current and Emerging Challenges

By Ruchir Kumar A recent ISA Cybersecurity survey revealed that 76 percent of Canadians polled are concerned about their financial institution’s ability to maintain the security of their personal information. Their concerns aren’t unfounded: 32 percent of financial services organizations in 2023 global survey on the state of security reported …

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Consumer BankingLending

Money Mart Rebrands Insta Chèques in Quebec

The financial service company has rebranded Insta Chèques to Money Mart, providing a unified brand name across Canada, with the same great service TORONTO, ON–National Money Mart Company, doing business as Money Mart, one of the largest providers of alternative financial solutions in Canada, has rebranded Insta Chèques locations throughout …

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AIData AnalyticsFleet Management

Geotab’s 2025 Predictions: AI Powers Efficient, Safer Fleets

From AI-powered insights to smarter infrastructure, these are the trends shaping connected transportation TORONTO, ON–Geotab Inc., a global leader in connected transportation solutions, has released its 2025 industry predictions, spotlighting transformative trends in AI, data privacy, and fleet sustainability. Insights from Geotab’s leaders emphasize strategies to tackle evolving demands in …

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Fraud & IdentityIntegrated PaymentsPayments

The Real-Time Rail: Where are we now?

By Jude Pinto Since announcing renewed momentum with a stronger path forward earlier this year, Payments Canada and our delivery partners, CGI, IBM and Interac, have made significant progress on the Real-Time Rail (RTR). In late summer, we successfully commenced the build of the real-time clearing and settlement component of …

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Advisory & ConsultingFinancial AdvisoryIndustry Trends

Finding Growth Opportunities in Canada’s High Inflation, Low Growth Economy

By Stephen Johnston As Canada confronts the dual challenges of high inflation and low growth, the specter of stagflation looms large. Stagflation, which refers to below-trend economic growth combined with above-trend inflation, erodes real GDP per capita and poses significant challenges for investors. The current macroeconomic and regulatory environment in …

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Industry TrendsMarket Research

Interac survey reveals newcomers lose financial confidence after arrival in Canada

Decreased confidence underscores urgency for effective resources TORONTO, ON–Newcomers are experiencing challenges with their financial confidence. A recent survey by Interac Corp. reveals that starting a new life in Canada can cause a significant drop in financial confidence for newcomers. While a majority (61 per cent) of newcomers surveyed felt …

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Board GovernanceInvestment Solutions

Dye & Durham Releases its Value Creation Plan

Value Creation Plan outlines path for driving sustained value for all stakeholders, and illustrates Dye & Durham’s track record of capital allocation TORONTO, ON–Dye & Durham Limited announced the release of a detailed presentation to shareholders that outlines Dye & Durham’s ‘Value Creation Plan’, to continue driving sustainable long term …

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