Tax season in Canada not only brings the usual challenges of filing returns and ensuring all documents are in order but also an increase in tax-related scams that target individuals' personal information and finances. The Canada Revenue Agency (CRA) has warned about rising incidences of fraudulent
As we survey the landscape of business payment systems, it is evident that technological advancements have driven significant changes. The necessity for companies to adopt scalable digital payment technologies has become clear, leading to enhanced efficiency, security, and customer satisfaction.
In a rapidly evolving financial landscape, the role of leadership in corporate and commercial banking is more critical than ever. The United Bank for Africa (UBA) is seeking forward-thinking strategic leaders to guide their Corporate and Commercial Banking division, offering a unique opportunity to
The financial sector faces unprecedented challenges and opportunities in the pursuit of resilience. From adopting innovative technologies to bolstering regulatory frameworks, firms must navigate a complex web of risks and opportunities. This article delves into the multifaceted strategies essential
In 2010, Roger Smith embarked on a transformative journey in the digital payments landscape. From his initial acquisition of a payments business focused on prepaid mobile top-ups and scratch cards, Smith foresaw the potential for modernization within the sector. His pivotal role in steering this
Gone are the days when banks could simply offer checking and savings accounts, investment options, and loans. Today, it's about providing a comprehensive banking experience that not only meets customer demands but also ensures data protection and regulatory compliance. This evolution has
During periods of market downturns and economic uncertainty, investors are increasingly seeking reliable assets to safeguard their portfolios. Two prominent Canadian bank stocks, Royal Bank of Canada (TSX:RY) and Bank of Montreal (TSX:BMO), have demonstrated resilience through various crises,
Five years after its introduction, new research shows that many consumers still don’t fully understand the concept of open banking, or "open bank data." Initially introduced through legislation in 2018, the concept of open finance has now expanded globally. However, a UK study discovered that 58%
Catcha Digital’s recent acquisition of Theta Service Partner for MYR 35 million ($7.9 million) is poised to significantly influence the banking software industry. Catcha Digital, a Malaysian digital media firm, has acquired a substantial 92.5% stake in Theta, marking a strategic expansion into the
The Financial Conduct Authority (FCA) has embarked on a transformative five-year strategy aimed at revolutionizing the financial services landscape in the United Kingdom. Launched in March, the strategy's focus on Open Finance is poised to reshape how financial data is shared and used across the
