Why Customer-Centric Pricing Is Fundamental to Acquisition and Retention
By Greg Demas President at Nomis Solutions As competitive forces, the economic environment and rapidly evolving consumer expectations continue to transform the banking industry. Attracting and building customer relationships is no longer a game won by presenting low rates and fees on a visually-pleasing website. The banking industry has sunk …
ILIXIUM: Seamlessness With Security
by Michael Brooke ILIXIUM was founded in 2010 in the United Kingdom. It’s part of the Payen Group Company, an intelligent cross-border payment solutions business. Their core beliefs are Collaboration, Innovation and Process Simplification. ILIXIUM works hard to remove barriers, increase player acceptance and deposits, and help its customers grow …
Biometric payments appeal to nearly half of Canadians but data security remains top of mind
by Kristina Logue, Chief Financial Officer, Payments Canada New technology and innovations in the payment space are transforming the way Canadian consumers and businesses make and process payments. According to data from Payments Canada’s annual Canadian Payment Methods and Trends Report, Canadian businesses are writing fewer and fewer cheques while …
Banks in Canada Support Canadians Affected by Alberta Fires
TORONTO, ON–Banks in Canada have pledged support to organizations providing on-the-ground relief and help to those affected by fires in Alberta that have devastated communities in the province. To support Albertans, several banks are collecting financial donations in bank branches for Canadian Red Cross relief efforts and making corporate donations …
Walmart Canada announces senior executive changes to support strategic initiatives
MISSISSAUGA, ON–As the company continues to transform to help Canadians save money and live better, Walmart Canada is pleased to announce recent senior executive leadership changes. These changes will help the company deliver on priority initiatives to accelerate growth and, most importantly, to support the customer experience. (left to right) …
Finastra and Plaid announce collaboration to give account holders streamlined access to fintech apps
The integration simplifies the account verification process via open APIs, creating a more secure and efficient customer experience LAKE MARY, FL–Finastra announced that Plaid, the leading open finance provider, is now integrated within Finastra’s Fusion Digital Banking platform. The partnership, delivered via Finastra’s FusionFabric.cloud open APIs, provides financial institutions of …
TD teams up with Uber to deliver valuable perks to cardholders, while saving on rides, meals and more
Eligible TD cardholders will receive a free Uber One membership for up to 12 months TORONTO, ON–TD Bank Group (TD) has teamed up with Uber to help customers unlock even more value on transportation, meals and more. Thanks to this new relationship, eligible TD cardholders will be able to enroll …
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 …
How Data-Driven Businesses Adapt to New Streams from Open Banking
By Amanda Fraga, Dana Farber and Alexis Nightingale For small business owners, today’s business is anything but usual. Markets, consumers, and realities are ever-changing, meaning that small business owners have to react quickly, sometimes changing their business models at the core. And those reactions come with a cost. Inflation, the …
It’s great to be back – our year in review 2022
By Michael Rothe, President & CEO Like many, I’ve been eager to reconnect with friends, family, and colleagues after two years of online gatherings. I am so happy that 2022 was filled with opportunities to see each other in person again, including the CFLA’s staple events: our annual golf tournament …