Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Is an all-weather portfolio the answer to the shortage of “safe” investments? + MORE Oct 27th
For retirees and near retirees, it can sometimes seem like there’s no such thing as a “safe” investment—especially now. Even bonds and bond funds, typically considered the safest of investment—suffered losses in 2021, as interest rates were poised to rise. Now that central banks have said .... More »
Scotiabank Launches eHOME; Moving Entire Mortgage Application Process Online + MORE Mar 29th
As banks and financial institutions are looking for new ways to simplify daily banking and provide access to more products and services online, Scotiabank recently launched an online mortgage service called eHOME.
The new service allows Scotiabank customers to fill out a mortgage application online.... More »
European Court of Justice upholds ruling on central bank plan that helped stem crisis Jun 16th
FRANKFURT – The European Court of Justice has delivered a ruling strengthening the European Central Bank’s hand in intervening in financial markets — backing that could come in handy amid fears Greece will default on its debts and possibly leave the 19-country euro currency union.
In a.... More »
The Best Credit Cards for Students in 2019 Jan 15th
If you’re a student in college or university, you understand that every penny counts. Tuition is high, textbooks are expensive, and it’s hard to maintain healthy eating habits while living off-campus when all you can afford are those packets of Sidekicks pasta for $1.
This is where a good rewar.... More »
Why Does Uncle Sam Hate American Expats? + MORE Dec 16th
Foreign banks close U.S. citizens’ accounts rather than deal with the mess that Congress created..... More »
Adapting To Online Banking Threats
– ratesupermarket.ca
Technology is truly a marvelous thing – consumers have become accustomed to managing their money with a click of a mouse, making the 150-year tradition of visiting the bank branch all but obsolete. We had the opportunity to chat with ING Direct CEO Peter Aceto on this changing consumer behaviour (and he spilled a secret or two up new moniker Tangerine’s sleeve).
But with this convenience comes volatility; North American websites were blindsided this week by threat of the Heartbleed Bug, a software hole that could expose millions of pins and passwords. Check out our coverage below.
The Heartbleed Bug: Should Online Banking Customers Worry?
A new Internet security threat has been unveiled, that could affect up to two thirds of websites. Dubbed the Heartbleed Bug, the glitch exposes encrypted information sent over the web such as passwords, transactional information, pins and credit card numbers.
Naturally, consumers are concerned about the security of their information, particularly their online banking details…
Finance ministers from the G20 nations say they will press ahead on tax reform to prevent profit-shifting by companies and new governance measures for banks to prevent future bank failure.
