Finance Archives - Page 3

Manulife adds Boston-based deep learning startup to LOFT project

Canadian financial services firm Manulife Financial Corp.'s plan to bring machine-learning to the financial services industry continues apace, with a Boston-based startup now being added to the artificial intelligence (AI)-based project the company

Published on: August 26th, 2016 Eric Emin Wood

How RateHub secured nearly $500K in support from the federal government

In six short years the number of offices owned by Toronto-based fintech startup RateHub.ca has quadrupled, its employee numbers have increased more than 15 times over - and today, the company announced it

Published on: August 9th, 2016 Eric Emin Wood

Will Manulife’s investment in AI pay off?

Canadian financial services firm Manulife Financial Corp. is banking on artificial intelligence being a significant asset for its next project. The company's Toronto-based Lab of Forward Thinking (LOFT) is collaborating with Silicon Valley-based

Published on: August 2nd, 2016 Eric Emin Wood

Apple’s services division could be the size of a Fortune 100 company next year, Cook says

Apple Inc.'s recent shift in focus appears to be paying off, literally, with the company announcing that its services division had posted a record quarterly revenue of $6 billion USD - a 19

Published on: July 27th, 2016 Eric Emin Wood

Is personalized money management the next fintech frontier?

Now that Canadian banks have gone mobile, personalized money management may be the next frontier they tackle in digital technology. Following his keynote at the Bank-IT conference in Toronto on Tuesday, consultant Tim

Published on: July 20th, 2016 Christine Wong

Financial players weigh risks of digital relationships in Canada’s consent-based compliance regime

How is it that you can ever truly know someone? That's the question that various members of the financial sector asked today at a roundtable event hosted by ITWC and sponsored by Equifax

Published on: July 19th, 2016 Brian Jackson

MasterCard offers new details about Canadian MasterPass release

MasterCard Inc. unveiled a slew of new partners today for the U.S. version of its MasterPass digital payment program, but Canadian users will have to wait a bit longer to see equally widespread

Published on: July 14th, 2016 Eric Emin Wood

SureTap’s demise was sealed when Apple refused to cooperate: COO

The mobile wallet solution built by Canada's three major carriers will be shutting down on Aug. 26, according to SureTap's website, and the firm's chief operating officer says Apple Inc.'s limitations on developers

Published on: July 14th, 2016 Brian Jackson

Looming Canada Post stoppage costing online merchants time and money

Update: Canada Post has agreed to a Canadian Union of Postal Workers 30-day extension to negotiate a new contract, meaning there will be no mail stoppage. The drawn out negotiations between Canada Post and

Published on: July 7th, 2016 Brian Jackson

New Moneris offering automates foreign currency purchases for Canadian retailers

Merchants using Toronto-based Moneris Solutions Corp. point of sales (POS) will have a new feature to help customers visiting from across the border this long weekend, as the payments processor launches its new Dynamic Currency Conversion

Published on: June 29th, 2016 Eric Emin Wood

New accounting standards means big data problem for Canadian banks

New regulations meant to prevent the type of toxic loans seen in the aggregated mortgage products that triggered the 2008 recession will require Canadian banks to get a masterful grip on their data,

Published on: June 28th, 2016 Brian Jackson

Recap of Bracing for blockchain: What it means for business [#ITWCchats]

Update: Thanks to all of our guest experts and other participants for joining the chat today! There was some great discussion and even some debate. Please scroll down to find a quick summary

Published on: June 27th, 2016 Brian Jackson

MintChip launch brings ‘digital cash’ to Canada

The digital cash platform originally developed by The Royal Canadian Mint is now live and being accepted by merchants in a Toronto neighbourhood, NanoPay Corp. announced this morning. The loyalty platform acquired Mintchip

Published on: June 21st, 2016 Brian Jackson

Is this the financial industry’s ‘Uber moment?’

If you believe the hype, everything is being Uber-ized. But has financial technology had its Uber moment? That was the topic of discussion at one of the Economist Summit’s panels earlier this week

Published on: June 14th, 2016 Gary Hilson

Canada’s innovation strategy must play to its strengths and embrace diversity

The federal government has done its diagnostic on the state of Canada’s economy and now it’s beginning the investments it believes will spark innovation going forward. That’s the message Minister of Finance Bill

Published on: June 10th, 2016 Gary Hilson