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, …
Nearly 40 percent of CFOs Do Not Completely Trust Their Organization’s Financial Data, According to BlackLine Survey
Year-on-year data also shows that confidence in cash flow visibility remains at a staggering low, with just 2 percent of C-suite and finance and accounting leaders expressing complete confidence LOS ANGELES, CA–New research shows that nearly 40 percent of CFOs around the world do not completely trust the accuracy of …
Graph-Based Data Models: Unleashing The Power of Data-Driven Insights
By Rab Govil The world is currently in an era of digital transformation, where information flows abundantly. And banks are realizing that data-driven insights—which help deliver a best in class customer experience—aren’t just a competitive advantage but a necessity for sustainable growth. In fact, in 2022, WBR Insights found that …
Sales increases, major customer renewal rate and reduced costs highlight fiscal year 2023 for infinitii ai
Controlled expenses while preparing for ongoing product development aimed at new vertical markets VANCOUVER, BC,–infinitii ai inc., a leader AI-driven predictive analytics software for Smart City water and Smart Industry infrastructure applications that rely on time-series data, today released its annual financial and operational highlights for its fiscal year ended …
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 …
Why Purchase Data Drives Customer Engagement
By Jason Howard Who hasn’t looked at their bank statement at one point and thought, “wait a minute, what’s this transaction again?” And often, there isn’t enough information on our digital bank statements to help us make sense of our purchase history. In most cases though, these confusing statement descriptors …
RBC Investor & Treasury Services launches new Collateral Management service
New service leverages industry-leading technology to centralize and interpret data Toronto, ON— RBC Investor & Treasury Services (I&TS), part of Royal Bank of Canada, has launched a new collateral management service. This innovative middle office solution centralizes and interprets collateral management data to help asset managers comply with BCBS and …