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Before you RSVP, do the destination wedding math + MORE Jul 2nd
As destination weddings rise in popularity, guests face a financial dilemma: how to celebrate loved ones without derailing their own financial futures. When the wedding invitation arrives with a picture of a tropical beach or a European castle, it carries an unspoken price tag that can often reach $.... More »
Trump plan to cap credit card costs hits bank shares - BBC Jan 12th
Trump plan to cap credit card costs hits bank shares BBCWhy Synchrony Financial (SYF) Shares Are Plunging Today The Globe and MailWall Street ticks to records after shaking off worries about Trump’s feud with the Fed BNN BloombergTrump’s credit card plan revives .... More »
Wealthsimple-X deal sparks investor risk concerns + MORE Apr 20th
A new partnership Wealthsimple has struck with social media platform X could greatly expand the finance company’s reach—but some critics are raising concerns about the risks for investors.
Through the partnership launched this week, Wealthsimple customers who have its app on their p.... More »
Stock news: Air Canada leads TSX earnings roundup with guidance pause amid fuel uncertainty May 1st
Here’s a round-up of news for Canadian investors this week.
Air Canada
Canada Packers
Bombardier
Spin Master
Gildan
Featured RRSP Accounts
featured
EQ Bank
Build your ret.... More »
How AI is changing online fraud May 13th
Just as we learned to ignore random dubious email requests from a self-described “Prince in a faraway land” seeking help recovering their lost fortune, those scams began to disappear. The same might soon happen to the latest generation of emails and text ruses, with its tell-tale conspicuous mis.... More »
AI-fuelled scams on the rise as holiday shopping begins
– moneysense.ca
As the holiday shopping season approaches, one expert says there are some scam trends emerging that consumers need to watch out for. Larry Zelvin, the head of the financial crimes unit at BMO Financial Group, said new technologies like artificial intelligence are making fraud harder to detect. “The risks are ever-present every day all year long, but when it comes to this time of the year, ’tis the season to steal even more. Retailers are making more money this time of year than any other, so the fraudsters are all over it as well,” Zelvin said.
New digital scams surge during peak shopping
The list of newer scams includes AI-powered fraud, where scammers create fake retailer websites, along with phishing emails or deepfake videos to impersonate brands or influencers. Fraudsters can also embed malicious links in QR codes—a method that’s “extremely widespread,” Zelvin said. “When you scan that QR code, there really is a URL or a website link, but people don’t look at it because it’s small,” he said…
