Canadian’s Trust of Major Organizations Showing Cracks

Fourth annual Proof Inc. CanTrust Index reveals drop in trust levels across all categories TORONTO– After three years of stability, the 2019 Proof Inc. CanTrust Index reveals a significant drop in Canadians’ trust in major institutions, organizations, leaders and many sources of information. Overall, the study saw a decline in …

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CIBC eliminates transfer fees for businesses to send money overseas

Innovative Global Money Transfer platform makes it easier and faster to do business in more than 75 countries around the world TORONTO–CIBC is eliminating transfer fees for businesses sending money overseas, giving them a competitive edge by making it easier and faster to do business in more than 75 countries …

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Canada Post segment posts $270 million loss for 2018

Costs of resolving pay equity and impact of labour disruption surpassed the solid growth in Parcels revenue OTTAWA–Canada Post is reporting a loss before tax of $270 million for 2018. Three main non-recurring items factor into the result: the $280 million cost of resolving pay equity and the estimated $135 …

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Commentary: Why Merging Cryptocurrency With Today’s Payment Platforms Should Generate Rising Revenue Streams

FinancialNewsMedia Report Palm Beach FL–A report by McKinsey & Company on global banking, projected that global payment market revenues are poised to approach $3 Trillion by 2023. As cryptocurrency payment platforms become more common… that number should rise… but the purveyors of traditional payment methods may have to get over …

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BMO Recognized with Two Celent Model Bank Awards

TORONTO–BMO won two Celent Model Bank Awards: Payment Services Hub Implementation for BMO Payment Hub; as well as an Innovation Enablement Award for BMO InnoV8, a digital acceleration initiative. The Payment Services Hub Implementation Award recognized BMO’s commitment to payments modernization. With a modernized payments infrastructure, BMO will be able …

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Canada Post makes sending and receiving mail even sweeter

Sweet Canada stamps serve up traditional Canadian desserts OTTAWA–Here’s a tasty fact: traditional Canadian desserts offer more than a scrumptious end to a meal. Behind many sweet treats is lore about Canada’s history, such as a pie made from the berries that once helped Indigenous communities survive long prairie winters …

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Michael Beckerman Named President, CEO of MKTG Canada

MKTG Canada, part of the Dentsu Aegis Network, delivers sponsorship consulting and live branded experiences across the world of sports, entertainment, arts and cause TORONTO–MKTG Canada is pleased to announce the appointment of Michael Beckerman as President and CEO of MKTG Canada effective May 1, 2019. Michael brings more than …

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NexJ Systems Announces Strategic Partner Program

Providing partners with the tools, training, and support needed to create critical long-term value, boost growth, and increase revenue NexJ Systems Inc., the pioneer of Intelligent Customer Management (ICM) for the financial services industry, announces the launch of its partner program. NexJ is inviting financial services-specific consulting and solutions partners …

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Mobile app firsts: Pay bills with a photo and debit card lock with a touch

RBC launches two Canadian-first digital solutions through industry leading mobile app TORONTO–RBC is the first Canadian bank to introduce two new value-added features through the RBC Mobile app, making the everyday banking experience even better for clients. RBC customers can now add a new bill payee by taking a photo …

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First-of-its-kind technology created to help brands understand full impact of campaigns

World’s first cross-media measurement tool for informing a brand’s overall marketing effectiveness TORONTO–Now in market is Mass Minority’s Brand Attraction Monitor (BAM), a first-of-its-kind technology that was created to help brands understand the full impact of campaign’ effectiveness across a brand’s whole ecosystem in near real time. With this information, …

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