New members have been appointed to the OSC’s fintech advisory committee (FAC), which advises OSC staff on developments and trends in the fintech space, as well as the unique challenges encountered by innovative businesses in the securities industry. Read: Investing in fintech? Firms cite regulatory as a barrier to evolving Members are: Alan Lysne, Ryerson […]
With the growth of all things digital, including artificial intelligence (AI) and the internet of things (IoT), securing assets is a key concern for business. “Security breaches are now a matter of ‘when’ rather than ‘if,'” says Paul Struthers, executive vice-president and managing director of Sage Canada, in a release. He says companies must have […]
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A cryptocurrency app that allows users to store, transfer and exchange five major cryptocurrencies, including Bitcoin and Ethereum, will soon be available for Apple and Android. deVere Crypto, from deVere Group, will be available “in a matter of weeks,” says a company release. Nigel Green, deVere Group’s CEO, says in the release that three trends […]
Further, clients no longer have to pay the minimum account fee of $60 per year.
Consumers are increasingly leaning toward financial service providers that offer value-added services such as advice, rewards and personal finance management, a report from CGI finds. The report, called “Today’s financial consumer: Open for business,” says banks need to innovate and improve services to compete with more nimble competitors. They can also partner with fintech and […]
Their spare change is automatically invested into a personalized, diversified portfolio of ETFs.
Automation has changed investing for many Canadians; now, it’s changing financial planning. Read: What happens when advisors use robos Planswell is the “world’s first financial planning engine,” says a release. The company’s finance and tech experts help Canadians create free financial plans, so they can “maximize their investment potential, minimize their borrowing costs and financially […]
Trends for 2018 include financial improvement apps based on behavioral economics and artificial intelligence. Just as consumers track their steps, sleep quality and calories, Mintel Comperemedia forecasts consumers will soon be tracking finances. Read: Lack of savings could delay retirement indefinitely, study finds “We predict that do-it-yourself financial wellness will pave the way for financial […]
