Insights on Canadian bank capital and dividends amid crisis
OTTAWA, ON–The current economic instability caused by the COVID-19 pandemic has raised questions around the world about how best to approach bank capital requirements and the resulting implications for bank dividend policies. This statement provides an overview of the existing regime in Canada. All of the countries represented on the …
NaviPlan Adopted by First West Credit Union,
Canada’s Fifth-Largest Credit Union Gives Retail Banking Members Access to Digital Financial Planning Solutions MILWAUKEE, WI–The First West Credit Union has integrated the NaviPlan platform into the digital banking service offering for members and clients at the Canadian financial institution’s 51 branches across British Columbia. “We continue to enhance our …
Canadian securities administrators adjust implementation date for client focused reforms
TORONTO, ON–The Canadian Securities Administrators (CSA) published a relief order that provides registrants with an additional six months to comply with the conflicts of interest provisions in the Client Focused Reforms. Registrants will now have until June 30, 2021 to implement these changes. The CSA also published a second relief …
Advanced technologies such as AI, blockchain and continuous authentication to transform the connected era in 2030
Frost & Sullivan Analyzes the Future of Privacy and Cybersecurity SANTA CLARA, CA-Frost & Sullivan’s recent analysis, The Future of Privacy and Cybersecurity, Forecast to 2030, finds that by 2030, there will be a complex global network of 200 billion devices, with over 20 connected devices per human. As the …
eBay’s Up & Running program provides three-months of financial relief and support in wake of COVID-19 crisis
eBay Canada: Waiving Selling Fees and Launching Resources to Support Small Businesses Looking to Expand Online TORONTO, ON–eBay Canada is launching “Up & Running,” an accelerator program specifically designed to support retailers without an e-commerce presence transition to selling online. The initiative will also help existing online businesses create a …
Canada Emergency Response Benefit expanded
Prime Minister announces expanded access for essential workers OTTAWA, ON–The Government of Canada is taking significant and decisive action to support Canadians and businesses facing hardship as a result of the COVID-19 global pandemic. No Canadian should have to choose between protecting their health, putting food on the table, paying …
TSG Announces Acquisition of PerfectMind
PerfectMind is the leader in the Parks and Recreation market in North America BURNABY, BC–TSG, an Advent portfolio company and leading global provider of business management software, integrated payments, and value-added services to the Health and Fitness, Childcare and Education, and Boutique markets, today announced that it has acquired PerfectMind …
Future-shaping trends Look for personalization, redemption options and “points as currency”
By Len Covello The loyalty industry in Canada has left brands and consumers wanting more. The issue is that many of today’s loyalty programs run on unsophisticated technologies with little segmentation capabilities and zero personalization features. When it comes to loyalty redemption, customers want ease, choice and value, and they …
Adopting emerging payments solutions
By David Grindal Our traditional world of stable payment acceptance mechanisms is long gone. Payments used to just mean either cash and cards for a merchant or automated clearing house (ACH) and wire transfers and larger-amount cheques for a business, government or institution. The only person-to-person (P2P) payments that were …
Five reasons to automate invoices
By Anthony Loiacono All businesses are not created equal and neither are their accounting needs. There is no one-size-fits-all way to structure an accounts department. However, there may be an easier way to handle certain accounting tasks, such as invoicing, which can be automated to reduce the amounts of staff-hours …