AIMarket Research

Canadian executives see operational gains from generative AI, but integration lags: RSM Canada Survey

84 percent of Canadian middle market business leaders surveyed are already seeing positive returns from generative AI integration, though many lack the resources to maximize its potential TORONTO, ON–Seventy-four per cent of midsize Canadian organizations are already adopting generative AI into their business operations, according to a new survey from …


RBC announces changes to executive leadership team and business segment

TORONTO, ON–Royal Bank of Canada announced a number of key executive appointments to accelerate its next phase of growth and further strengthen the organization’s focus on clients, following the transformative acquisition of HSBC Bank Canada. These changes, effective September 1, 2024, better position RBC to take advantage of its scale, …

Financial InstitutionsGovernment News

FCM Releases Roadmap to Improve Quality of Life for Canadians by Strengthening Municipal Finances

CALGARY, AB,–The Federation of Canadian Municipalities (FCM) is urgently calling for action from the federal government to equip municipalities with the tools they need to ensure the quality of life Canadians deserve. The organization published a report with recommendations detailing how to achieve a new, fair and predictable municipal growth …

CryptocurrenciesPayment Processing

Bybit Card Brings Apple Pay to Customers Bybit

DUBAI, UAE–Bybit Card from Bybit, one of the world’s top three crypto exchanges by volume, today brings its customers Apple Pay, a safer, more secure, and private way to pay at checkout when using the Bybit app or website to purchase cryptocurrency. Bybit offers competitive currency rates, ensuring users get …


New HomeEquity Bank CEO to Continue Customer-Centric Growth

Industry veteran Katherine Dudtschak becomes President and CEO TORONTO, ON–HomeEquity Bank, provider of the CHIP Reverse Mortgage, welcome Katherined Dudtschak as its new CEO. Dudtschak joined the Bank as President on May 1 following the announcement that former President and CEO Steven Ranson planned to retire at the end of …


Lightspeed Commerce Highlights Newest Product Innovations,

New product updates focus on supporting complex customers, lowering costs and increasing efficiency MONTREAL, QC–Lightspeed Commerce Inc. the one-stop commerce platform empowering merchants to provide the best omnichannel experiences, highlighted some of the innovative solutions that have been launched to support its global retail and hospitality customers. These innovations tackle …

Business BankingIndustry Trends


by Sandrine Garin, CPO at Intix After several false starts, Canada finally appears to be on the path towards the widespread adoption of ISO 20022, the international standard for electronic data interchange in financial services. At the time of writing, Canadian businesses are in the midst of embracing this standard …

Financial AnalyticsIndustry TrendsPension Plans

Overall financial health of Canadian DB pension plans remains strong: Mercer

TORONTO, ON–The financial health of Canadian defined benefit (DB) plans was volatile in the second quarter of 2024, with plans’ overall funded positions at the end of the quarter in a position similar to that at the beginning of the quarter. The Mercer Pension Health Pulse (MPHP), a measure that …

Industry TrendsMarket Research

Five Canadian cities ranked among most expensive in the world for international employees; Hong Kong is leader

Determinations come from Mercer’s 2024 Cost of Living City Ranking TORONTO, ON–For the third consecutive year, Toronto is the most expensive city in Canada for international employees, according to the results of Mercer’s new 2024 Cost of Living City Ranking. Mercer, a business of Marsh McLennan and a global leader …


Wolters Kluwer redefines Corporate Performance Management with announcement of AI-powered CCH Tagetik Intelligent Platform

New, first-to-market platform leverages latest in generative and objective AI technology to power up company’s full suite of CPM solutions NEW YORK, NY–Wolters Kluwer, a global leader in information, software, and services for professionals announced an AI-powered CCH Tagetik Intelligent Platform, which has been designed to digitally transform the efficiency, …