Dated tech stacks and an over-reliance on manual processes prevent banks and traditional mortgage brokers from innovating. [Read more…] about Modernizing the Mortgage Industry in Canada
Thought Leaders
The Need For Open Banking In Canada: How Fintechs Are Turning The Tide For SMEs
Imagine your small business is fresh off a successful raise of 1.6 million dollars, but when you ask your bank for a corporate credit card, you’re swiftly denied. That’s exactly what happened to Caary co-founders Steve Apostolopoulos and Jason Sawyer, and it’s happening to many of Canada’s small and medium-sized business (SME) owners. [Read more…] about The Need For Open Banking In Canada: How Fintechs Are Turning The Tide For SMEs
Finding The Right Balance To Reduce E-commerce Costs And Gain Customer Loyalty
Around the globe, and to no surprise of the average consumer, the e-commerce environment has grown in popularity and preference.
Locally, e-commerce payment transactions totalled 477 million transactions worth $56 billion in Canada – totals that are up 13 per cent in volume and 20 per cent in value from 2019. And this shopping channel preference is not expected to slow down. [Read more…] about Finding The Right Balance To Reduce E-commerce Costs And Gain Customer Loyalty
The Future of Money – Key Takeaways For Modern Banking In Canada
The financial services sector today is facing a unique set of challenges as innovative new technologies and expectations from digitally native customers run up against risk management constraints and regulatory requirements. [Read more…] about The Future of Money – Key Takeaways For Modern Banking In Canada
The Future of Finance – Accessible, Self-Driving, and Socially Conscious
The triple bottom line of business – People, Profit, Planet – isn’t a new concept. Most companies have incorporated social responsibility into their offerings and core business principles, showing a commitment to efforts like improving communities, supporting ethical labour practices, or taking action against climate change. [Read more…] about The Future of Finance – Accessible, Self-Driving, and Socially Conscious
How Canadian Homeowners Can Reinvest In Their Homes Amid Volatile Housing Market
In the past decade, we’ve seen Canadians enjoy enormous equity gains in their homes and decade-long sky-high home prices. When we couple this with increased interest rates, the option to upsize or upgrade your home is diminishing for many Canadians. For the time being, renovations of existing home properties are the way to go. [Read more…] about How Canadian Homeowners Can Reinvest In Their Homes Amid Volatile Housing Market
How Financial Professionals Can Use Content Marketing To Stay Competitive
As the advisory business continues to evolve, there is a common theme emerging. Digital adoption is essential to stay relevant and financial professionals that get on board faster will thrive. So how can you differentiate yourself from others and keep up with the pace of Fintech? [Read more…] about How Financial Professionals Can Use Content Marketing To Stay Competitive
The Modern Investor
In March 2020, when the stock market crashed to record lows, Canada saw a significant increase in retail investors. In the first quarter of 2020, more than 500,000 new online brokerage accounts were opened; three times the regular pace in Canada. [Read more…] about The Modern Investor
Why Fintech is the Future of Restaurants: A Case Study
The past two years have been painful times for the hospitality industry, with an estimated 13,000 Canadian food service businesses permanently closing their doors during the pandemic. Many service veterans saw an opportunity to exit the industry to pursue their back-burner dreams, leading to the current labour shortage that’s plaguing hospitality businesses. [Read more…] about Why Fintech is the Future of Restaurants: A Case Study
Interac Research Reveals Canadians are Facing Mounting Fraud Fatigue
Canadians are spending more of their time online than ever before. From using gaming applications, browsing social media, and chatting with friends and family members on multiple platforms, many of our daily activities involve exchanging sensitive information that might be vulnerable to fraudsters. [Read more…] about Interac Research Reveals Canadians are Facing Mounting Fraud Fatigue