BMO is launching a new AI-powered tool to serve customers on Facebook and Twitter. Two chatbots will deliver instant responses to common queries for customers looking for more online banking options, a BMO release said Thursday. “The launch of these chatbots and the integration of AI into our customer-facing technology provide an opportunity to build […]
More investors are becoming interested in digital currency. A global poll from deVere Group—albeit, one that didn’t include Canadians—found that 62% of respondents would consider including cryptocurrency in their portfolios. And 70% who already hold cryptocurrencies said they plan to increase their exposure in the next year. However, such sentiment makes those respondents speculators, not […]
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More than half (52%) of executives in the Canadian financial services sector believe that cybercrime is likely to be the most disruptive economic crime over the next two years, finds a report by PwC Canada. Read: BoC warns of risks for clients with mortgages But despite the heightened awareness of cyber risks, banks still face […]
Here's a look at a single bitcoin transaction in the U.S.
The IFIC has announced the launch of its new cloud-based data collection and reporting platform for investment fund sales, assets and fund attributes.
The total global investment in the fintech sector over the past three years is $122 billion.
A record-breaking 88% of Canadian CEOs are optimistic about their companies’ prospects for revenue growth, and 72% believe global economic growth will improve over the next 12 months, finds PwC’s CEO survey. Despite NAFTA concerns, 88% of Canadian CEOs say they still consider the U.S. a top choice for growth, followed by China (53%), the […]
Financial Planning Standards Council (FPSC) is launching digital credentials for CFPs: a digital certificate and digital badge have replaced the paper certificate and annual seal that CFPs previously received. The digital credentials include confirmation of a CFP’s certification status, details of what sets a CFP apart and an overview of how the designation is earned. […]