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Most financial institutions embracing digital transformation in theory, but not practice: OpenText

A new report by OpenText and ITWC has found that when it comes to digital transformation, Canada's financial institutions are talking the talk, but not walking the walk.

Scotiabank’s ‘PLATO’ team shows its serious about technology-first approach with open source release

Scotiabank was making software news of its own at Google Next 2018, announcing a release of code to GitHub.

New app makes it easier for Canadians to make charitable donations from their smartphones

Want to give a little everyday with the help of your smartphone? A new app can help with that.

Visa and PayPal become better pals in Canada

Visa and PayPal are expanding their partnership in Canada to allow customers more ways to move money between accounts and could lead to PayPal providing payments at physical locations. 

Visa Direct payments service expanded in Canada

Visa is working with a partner to allow for direct payments to its debit cardholders, providing relief from cheque-based processes.

Hashtag Trending – Paypal going after traditional banks, Facebook’s continued problems, China’s dystopian ranking system

PayPal is moving closer to “mainstream banking”, Facebook suspends another data analytics firm for using tactics like Cambridge Analytica, and China is testing a social credit ranking system straight out of a Black Mirror episode.

CIBC targets technology industry with new Innovation Banking arm

The Canadian Imperial Bank of Commerce is targeting the technology industry - and its most tech-savvy customers - with its newest division. On Monday the...

Hashtag Trending: Everyone using cryptocurrency, a cashless world, and payment data is king

Cryptocurrency becomes easier, no more cash, and payment data improves businesses Listen to the latest Hashtag Trending HERE! My first prediction in this new year, is...

Hashtag Trending – FinTech predictions for 2018

OK Google, invest my savings into BitCoin - which could exceed $100,000 in market value next year. And financial institutions will need to step up their cyber security game.

Sensibill wins Ingenious Spark Award for helping banking app users track their spending habits

Sensibill Inc. provides banks with a receipt-tracking platform they can add to their apps. Users simply shoot a picture of their receipts to capture the data.

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In financial services, there’s no need to waste a millisecond

By Bill Ruvo Financial Services, Equinix In ancient Roman times, people gathered in the Forum to do business face to face. In Dickensian London, Ebenezer Scrooge...

Payments modernization in Canada

Payments Canada is forging ahead with its efforts to modernize the core payments infrastructure so it can keep up with the arrival of fintech...

Dell EMC: Bringing financial services to the digital age

In the rapidly changing financial services market, digital transformation is reshaping how successful businesses approach the latest in security and privacy requirements while still...

Big data challenges that will effect growing Canadian financial services firms in 2017

Technology is an intrinsic part of the financial services business. However, the gap between consumer expectations and adoption of new technology versus system capabilities...