BankingCredit UnionsData Analytics

FirstOntario Credit Union Goes Live on Open Banking with FIS® Everlink™ payment services and Flinks

As Canada’s Consumer-Driven Banking Act comes into force, FirstOntario activates consent-based financial data sharing for its members TORONTO,ON–FirstOntario Credit Union, FIS Everlink™ payment services, and Flinks announced that FirstOntario is now live on Open Banking infrastructure (also known as consumer-driven banking), enabling its members to securely share their financial data …

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BankingGifts & Rewards

Neo Financial Launches Four New Credit Cards Designed Around How Canadians Actually Spend

CALGARY, AB–Neo Financial, one of Canada’s fastest-growing fintech companies, today announced the launch of four new credit cards across its Neo World Mastercard® and Neo World Elite® Mastercard lineups, the largest product expansion in the company’s history. The new cards are built around distinct rewards categories: Shop & Dine and …

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BankingData Analytics

Should Canada’s Big Six Banks Partner with Digital Challengers?

By André Gagné, CEO GFT Canada With investment in Canada’s fintech sector reaching a record high already this year, consumers have more choices than ever before when it comes to deciding where to entrust their money. And as the government’s 2025 target for launching a regulated open banking framework approaches, …

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BankingLeadership

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, …

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