ISO20022: HOW CANADA CAN BANK ON EUROPE’S SUCCESS
by Sandrine Garin, CPO at Intix After several false starts, Canada finally appears to be on the path towards the widespread adoption of ISO 20022, the international standard for electronic data interchange in financial services. At the time of writing, Canadian businesses are in the midst of embracing this standard …
Overall financial health of Canadian DB pension plans remains strong: Mercer
TORONTO, ON–The financial health of Canadian defined benefit (DB) plans was volatile in the second quarter of 2024, with plans’ overall funded positions at the end of the quarter in a position similar to that at the beginning of the quarter. The Mercer Pension Health Pulse (MPHP), a measure that …
Five Canadian cities ranked among most expensive in the world for international employees; Hong Kong is leader
Determinations come from Mercer’s 2024 Cost of Living City Ranking TORONTO, ON–For the third consecutive year, Toronto is the most expensive city in Canada for international employees, according to the results of Mercer’s new 2024 Cost of Living City Ranking. Mercer, a business of Marsh McLennan and a global leader …
CANADIANS GEARING UP TO RE-ENTER THE HOUSING MARKET DESPITE DECLINING CONFIDENCE IN THE ECONOMY
Less than one-in-ten Canadians believe we’ll avoid a recession in the next 12 months; Nearly half of Canadians think that lawyers and notaries would benefit from incorporating more technology into their services TORONTO, ON–Canadians remain seriously concerned about the state of the economy heading into 2024, but their patience for …
New survey data highlights potential for Canadian SMEs to increase efficiency
More than half (60 percent) of businesses believe that they will struggle to survive if they they do not embrace digital technology EDMONTON, AB–Canadian Western Bank (CWB) released its new study: Modernizing cash flow management, how technology supports growth among Canada’s small and medium-sized businesses. The report reveals that almost …
ADP Canada Happiness@Work Index: Workers’ Sentiment Plateaus in October
October sees levels of satisfaction remain stagnant, with the exception of a few positive indicators across regions TORONTO, ON–The ADP Canada monthly Happiness@Work Index for October remains the same as September, still measuring on par with the Index benchmark of 6.7/10 from November 2022. The only workers reporting a decrease …
DXC Technology Predicts Five Ways Software Will Accelerate Sustainability in the Next Five Years
Software-driven innovation will be an enabler for the radical transformation needed to create a climate-secure future LONDON, UK–DXC Technology, a leading Fortune 500 global technology services company, has forecast five ways software will help create a more sustainable future in the next five years. “Technology has an outsized role in …
Canadian finance teams are under pressure to deliver accurate real-time insights, finds new Sage report
New report examines challenges finance leaders are currently facing and how they are adapting to drive growth and efficiencies ● The report found that 60 percent of financial leaders in Canada said time spent on tedious manual processes inhibits their work on strategic projects ● Financial teams are under increased …
Regal Partners with Flexa to Enable Digital Currency Payments for Movies and More
Using Flexa, Regal patrons in the U.S. can buy tickets and concessions today using dozens of digital currencies at over 500 theatres NEW YORK, NY–Regal, a subsidiary of Cineworld Group and the operator of one of the largest and most geographically diverse theatre circuits in the United States, today announced …
Reimagining the Future of Finance: How Financial Services Can Thrive in a Post-Pandemic World
By Aqsa Zubair The COVID-19 pandemic was life-changing in many ways. For business leaders, it forced a break from simply focusing on routine day-to-day tasks and emphasized the necessity for thinking future forward. For me, it solidified the hard-earned lessons I have always applied to my work. My experience growing …