Recession and cost reduction: 4 tips for CFOs to get the best of their expenses this year
by Vikram Bhandari With ever-evolving and competitive times, the role of a CFO has gone through a radical change. Traditionally CFOs were known for their ability to track numbers and support decision-making. Today, CFOs are no longer hitting the mark by solely navigating with financial acumen – they need strategic …
In Conversation with Brett Mooney, AMEX Canada CEO
INTERVIEW: In Conversation with Brett Mooney, CEO, American Express Canada Q: Your appointment to CEO is marking your return to Amex after close to ten years. What made you want to return to Amex now? I spent the first 13 years of my career at American Express, and it’s a …
Ascendant Announces New Strategic Business Investment from Battery Ventures
Battery Ventures agrees to become primary investor in Ascendant to accelerate growth and drive product innovation TORONTO, ON–Ascendant, an international provider of cross-border business payment solutions and a financial technology company, today announced that Battery Ventures, a global, technology-focused investment firm, has agreed to make a significant investment in the …
2023 Outlook for the Farm Equipment Market
By Leigh Anderson FCC Economics helps you make sense of the top economic trends and issues likely to affect your agri-business in 2023. Overall demand for farm equipment is projected to remain strong into 2023, despite rising interest rates and a weakening Canadian US exchange rate. Demand is supported by …
The True Cost of Fraud
Staff Findings of the 2022 LexisNexis True Cost of Fraud™ Study: Financial Services and Lending. This sixth edition of the report examines current fraud trends for more than 500 United States and Canadian financial services and lending companies and highlights key pain points related to the addition of new payment …
In the Race for Customer Primacy it’s Time for Traditional Banks to Win
By Fiona Roach Canning SMBs account for around one-fifth ($850 billion) of global banking revenues, with annual growth predicted to reach up to 10 percent over the next five years1. This is a critical revenue stream that banks can’t ignore. Customer expectations of digital services are being shaped by the …
How to Separate an Outsourced Chief Investment Officer from a Pretender
By Anthony Messina Those working and running foundations have more to accomplish in a day than ever before. They are tasked with fundraising, event planning, evaluating giving options and the oversight of the portfolio. All of this while functioning within a budget and dealing with human resources and other operational …
Decentralized Finance: The New Generation of Services
Inside The Value of Institutional DeFi Special Report Decentralized finance (DeFi), which uses blockchain-based smart contracts to execute a variety of financial services activities, has seized the attention of technology developers, investors, and financial institutions. DeFi protocols have already enabled nascent markets in the crypto-asset industry on public blockchains, such as …
Buy Now, Pay Later, Poised to Evolve Payments Landscape
By Jon Purther As we continue to move into an increasingly digital world, we are seeing major shifts in payment trends. These shifts are driven by consumers’ changing expectations, behaviours and needs — and are facilitated by payment innovation and evolving technologies. One of the most prominent trends in Canada …
Sustainable Digital Infrastructure: Modernizing Financial Institutions
By Andrew Eppich Financial institutions in Canada and around the world are facing increased pressure to transform their offerings and systems to remain competitive and relevant with quickly evolving customers. Additionally, with continued pressure from rapidly evolving regulations, increased competition and the financial impact of the COVID-19 pandemic, the banks, …