Summer 2021 Issue

CFO CV

Tania Clark has joined the Business Development Bank’s Board of Directors. Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, responsible for the Business Development Bank of Canada said Clark brings a wealth of experience as director, invaluable to BDC as it continues to play a vital …

READ MORE →
Summer 2021 Issue

Talking Points

Royal Bank of Canada Launches RBCx to Support Visionary Technology. It’s a platform to accelerate the entrepreneurial journey at every stage of growth, giving access to capital solutions, innovative products and services, and operational expertise to help technology companies scale up. RBCx is for entrepreneurs who are disrupting business models, …

READ MORE →
Consumer BankingLoyaltyPoints

RBC ADDS REWARDS POINTS TO DEBIT TRANSACTIONS THROUGH VANTAGE

BANK’S PERSONAL DEBIT CARDS EARN RBC REWARDS TORONTO, ON–RBC Vantage is the bank’s new system which ties everyday banking into a comprehensive suite of benefits for RBC clients. RBC Vantage gives clients, for the first time, the ability to use their debit cards to earn RBC Rewards points and provides …

READ MORE →
Industry TrendsMarket Research

Canadian businesses believe burnout will hurt companies’ bottom line this year, new Sage study in Canada finds

Business leaders share concerns for employees’ wellbeing; a hybrid work model; and investing for recovery TORONTO, ON–Sage, the market leader in cloud business management solutions, uncovered the impact of burnout on Canadian businesses in a new commissioned report – 2021 Forward Together. The report found: Among businesses hurt by the …

READ MORE →
FinTechPayment ProcessingRegulatory Issues

Payments Canada welcomes inclusion of the Retail Payments Oversight Framework

OTTAWA, ON–Payments Canada applauds the inclusion of the Retail Payments Oversight Framework (RPOF), and its oversight by the Bank of Canada, as part of the 2021 federal budget, A Recovery Plan for Jobs, Growth and Resilience. “The implementation of the Retail Payments Oversight Framework is a welcome addition to Canada’s …

READ MORE →
CybersecurityIndustry Trends

FICO Research Highlights Challenges for Fraud, Financial Crime Teams Amidst Pandemic

SAN JOSE, CA–Global analytics software provider, FICO, released new research that highlights the key challenges North American fraud and financial crime teams faced amidst the COVID-19 pandemic. The majority of senior executives (68 percent) said that remote working had a major impact on maintaining effective fraud and financial crime prevention …

READ MORE →
Spring 2021 Issue

More Than 30 Percent of Canadians Would Favour a Cashless Society

The argument for a cashless society has been around for a while, but the rapid rise of the Coronavirus crisis has intensified the debate again amid concerns about banknotes and coins transmitting the virus. In addition to this, the increasing decline of high street bank branches and ATMs has made …

READ MORE →
Spring 2021 Issue

Why Philanthropy is a Good Investment: It’s not always obvious

By Mark Halpern, CFP, TEP, MFA-P The COVID-19 pandemic added new levels of stress and uncertainty to the lives of most Canadians. No corner of society worldwide has been left untouched by the effects of the pandemic, especially the non-profit sector. The pandemic hit charities on all fronts. The weakening …

READ MORE →
Spring 2021 Issue

Top Five Data and Analytics Trends to Power Growth in 2021

By Dr. Anthony Scriffignano, SVP, Chief Data Scientist, Dun & Bradstreet When Dun & Bradstreet surveyed a group of business leaders, they told us that data informed their decisions an average of 16 times a day but according to our research, nearly half of respondents did not have the right …

READ MORE →
Spring 2021 Issue

Five Trends Shaping the Recovery of Global Payments

By Bob Dowd It is no surprise that the global payments industry accelerated substantially in 2020. As the pandemic birthed arguably one of the biggest digital revolutions to date, more and more businesses are realizing the importance of having a global payments partner. Multiple factors have been the stimulus driving …

READ MORE →