Finance Archives - Page 3

Trust in fintech suffers from a generational divide

The big banks may have more time than they think before their “Uber moment” arrives based on this year’s Digital Money Trends Report, which found that Canadians are still wary of fintech, even as

Published on: January 3rd, 2017 Gary Hilson

CRA to expand EFT audits in 2017, PwC warns

The next two years will see an expansion of the Canada Revenue Agency's efforts to review international funds transfers (EFTs), which means many taxpayers can expect to see an “EFT letter” next year, according

Published on: January 3rd, 2017 Gary Hilson

‘Fourth revolution’ driving Thomson Reuters’ upcoming tech centre, VP says

Thomson Reuters earned a lot of buzz two months ago after announcing that it would create 1,500 jobs as part of a new technology centre in Toronto. But while that initiative is still taking

Published on: January 3rd, 2017 Gary Hilson

More CFOs looking to cloud, AI for financial reporting: EY

Chief financial officers face significant technology challenges as they struggle to make financial reporting more accurate and efficient, according to a report from EY (Ernst & Young) this month. However, they are also

Published on: December 21st, 2016 Danny Bradbury

Now the Royal Canadian Mint is on the blockchain, thanks to Goldmoney

Toronto fintech startup Goldmoney Inc. (formerly BitGold), which essentially uses blockchain technology to power a bitcoin-like exchange service based on physical gold, has added gold from the Royal Canadian Mint to its bullion

Published on: December 21st, 2016 Eric Emin Wood

4 tips from FICO for banks seeking IFRS 9 compliance

Financial institutions across the globe have been in a tizzy since new regulations were announced that banks would need to get a better grasp on their data. But one finance-focused data analytics firm

Published on: December 2nd, 2016 Lindsey Peacock

CIX: Fresh crop of Canadian startups puts a new spin on farming and finance

It's the last day of the three-day Canadian Innovation Exchange (CIX) conference when David MacMillan finally notices a faux pas. On a clear plastic placard displayed inside the networking area, someone has misspelled

Published on: November 24th, 2016 Christine Wong

Consumers still prefer using cash to buy – for now: Payments Canada

Cash continues to be the preferred method of payment for the majority of Canadians, but its popularity isn't worth much. According to Payments Canada's latest "Canadian Payment Methods and Trends" report, released Thursday,

Published on: November 17th, 2016 Eric Emin Wood

Sage integrates with Vancouver’s Beanworks to help SMBs automate their accounting process

Accounting can be a headache regardless of your company's size, but at least enterprises can invest in automation software - a boon Sage plans to share with Canadian small- and medium-sized businesses (SMBs)

Published on: November 16th, 2016 Eric Emin Wood

FreshBooks announces integration with Google’s G Suite cloud platform

If you're a G Suite user who wishes Google Inc.'s cloud platform would let you file invoices as easily as it helps you collaborate with your colleagues, or a FreshBooks user who wishes

Published on: November 11th, 2016 Eric Emin Wood

‘Hey Siri, send money’ – Canadian PayPal users

Now Canadian diners can ask Siri to help them split the bill. On Thursday PayPal Holdings, Inc. announced a Siri integration for its iOS app: Canadian iPhone users can now ask Apple Inc.'s

Published on: November 11th, 2016 Eric Emin Wood

CIBC customers get early access to Samsung Pay

Samsung Electronics Canada Inc. and CIBC have announced a partnership that will give CIBC customers early access to Samsung Pay as it launches in Canada. Similar to Apple Pay, Samsung Pay lets users

Published on: November 8th, 2016 Alex Radu

Big banks have nothing to fear, but need to learn, from fintech, Salesforce says

Fintech might be among the loudest sectors in a booming industry, but a new Ipsos survey conducted on behalf of Salesforce.com indicates that Canadians aren’t willing to close the books on their bank’s

Published on: November 7th, 2016 Eric Emin Wood

QuickBooks gets new integrations with Google, more to come

QuickBooks users can now prepare invoices for their clients simply by scheduling their work time in Google Calendar, thanks to a new partnership announced between Intuit Inc. and Google on Oct. 21. The

Published on: October 25th, 2016 Brian Jackson

Mastercard and BMO officially release Identity Check in North America

Canadian commercial clients of Bank of Montreal can finally check out Mastercard Inc.'s "selfie pay" technology for themselves. The financial services giant, which collaborated with BMO to launch its biometric-based online payment confirmation

Published on: October 25th, 2016 Eric Emin Wood