Scotiabank’s tech spend rises 10% YoY
Scotiabank increased its investment in technology, personnel costs and advertising to grow business operations and remain competitive. In the ...
Tag: Canada
TD Bank’s non-interest expenses up 5% YoY
Canada’s TD Bank increased its investments in technology in the third quarter to remain competitive and serve a growing number ...
National Bank of Canada ups tech spend 10% YoY in Q2
National Bank of Canada was selective in expense management in the second quarter, specifically in areas of headcount, technology investment ...
BMO advances digital strategy in Q1
BMO Financial Group continued to enhance its digital strategy in the first quarter of 2023 via new digital card options, ...
Earnings roundup: Canadian banks continue tech, talent focus
Canadian banks upped their technology spend and talent acquisition efforts in the fiscal fourth quarter amid increasing digital adoption. The ...
Trudeau’s Tory rival vows to ban Bank of Canada digital currency
The front-runner in the race to lead Canada’s main opposition Conservative Party took aim at the Bank of Canada by ...
Branches still pay off for Canada’s banks even in the app era
In a world reliant on smartphone apps, bank branches may no longer be Main Street mainstays, with red velvet ropes between brass ...
Canada’s CWB Bank to embed ‘explainable AI’ in digital platform
Canadian business bank CWB Financial Group will roll out personalized insights within its app and online platform in 2021. Jeff ...
Portag3 Ventures closes $320m fund for consumer and infrastructure plays
Canadian venture capital firm Portag3 is continuing its global push with the close of a C$427 million ($320 million) fintech ...
Canadian startup Koho raises C$42m to expand banking services
Koho, a Toronto-based digital banking startup, has raised C$42 million (US$31 million) in a Series B round to add new ...
