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 …

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 …

FinTechIndustry Trends

5 Growth Opportunities to Seize in the Fintech Industry in 2021

Frost & Sullivan experts present key trends and strategic recommendations for the global fintech market SANTA CLARA, CA–The COVID-19 pandemic has certainly upended the financial services industry (FSI), but the overall impact it has had around the globe – on people, businesses, and the economy – is massive. The FSI …

Industry TrendsInvestment Solutions

Younger, FOMO-inclined adults view social media as source for investment tips

VANCOUVER, BC–Younger adults and those who experience the fear of missing out (FOMO) are more likely to think social media is a good place to find investment opportunities, according to new research from the British Columbia Securities Commission (BCSC). In addition, many younger adults and people who have FOMO say …

Financial AnalyticsFinancial InstitutionsIndustry NewsIndustry Trends

Brilliance Financial Technology Launches DPX

NEW YORK, NY–Brilliance Financial Technology has released DPX, an integrated solution that combines pricing, rates and product and profitability management. DPX gives banks new capabilities to grow profits in real time with the following: –Pricing management, with artificial intelligence and machine learning technology that helps banks structure and price deals …

BlockchainIndustry Trends

VMware Releases Blockchain Platform

PALO ALTO, CA–VMware has made commercially available the VMware Blockchain product. Businesses are provided an extensible and scalable enterprise-grade platform to unlock data silos and free up data so it can flow securely, privately and instantaneously. Here are the needs that VMware Blockchain meets. Businesses run on data and workflows …

Equipment FinanceIndustry NewsIndustry Trends

Confidence Increases in U.S. Equipment Finance Industry: Foundation

WASHINGTON, DC–There is growing cautious optimism in the future of the American equipment finance market, once the contentious U.S. election is sorted out but amidst the COVID-19 pandemic. The Equipment Leasing & Finance Foundation (the Foundation) has released the November 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), …

CybersecurityE-commerceIndustry Trends

Cybercrime Report Reveals New Opportunities, Risks For Canada, U.S. During Pandemic

FIRST HALF OF 2020 FINDINGS HIGHLIGHT OVERALL DECLINE IN HUMAN-INITIATED ATTACKS, GROWTH IN BOT ATTACKS TARGETING FINANCIAL SERVICES ORGANIZATIONS LexisNexis Risk Solutions released its biannual Cybercrime Report, which tracks global cybercrime activity from January through June 2020. The report dives deep into how the COVID-19 pandemic has impacted the global …

Financial InstitutionsIndustry Trends

BMO Special Report on the Post-Pandemic Economy: Building a Bridge

TORONTO, ON–BMO Financial Group eleased an in-depth report on the long-term global structural shifts accelerated by the COVID-19 pandemic and current economic crisis. “We’re in the midst of one of the most significant social and economic challenges we’ve ever faced, where we must – now and in the coming months …

Consumer BankingFinancial AdvisoryIndustry Trends

BMO Annual TFSA Study: Canadian Investors Show Changes in Financial Behavior and Build Momentum With Contributions in 2019

> More than half of Canadians (58 per cent) said they contributed what they had expected to their TFSA this year, while 11 per cent said it was more and 23 per cent said it was less than their anticipated plan > Average annual contribution is up 10 per cent …