Will you wear your credit card on your wrist? Royal bank is betting on it. + MORE Nov 9th

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RWRDS Daily Update – January 20 Jan 21st

Earn up to 6,000 bonus Aeroplan points on Air Canada sun destination flights and four new RBC offers for statement credits & discounts. Check out today's points and miles updates here: The post RWRDS Daily Update – January 20 appeared first on Rewards Canada..... More »
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Canadian household debt level rises + MORE Dec 15th

OTTAWA – The amount that Canadians owe compared with their disposable income rose in the third quarter. Statistics Canada says the amount of household debt compared with disposable income rose to 163.7 per cent compared with 162.7 per cent in the second quarter. That means the average household ha.... More »

Canada’s consumer protection watchdog could get more bite with new code + MORE Mar 22nd

OTTAWA – The woman who is proud to be called the country’s consumer-protection czar remembers her first encounter years ago with the questionable actions of a debt-collection agency. Lucie Tedesco, a law student at the time, received a phone call from the debt collector after she missed .... More »
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How to Get Out of Debt: 15 Ways to Get Out of Debt Fast + MORE Jun 28th

While it’s possible to go through life without dealing with debt, credit is something that just about every adult must learn to manage during their lifetime. Consider the major purchases. You’ll need a mortgage to buy a house, and most new car buyers will finance their purchase with a car loan. .... More »

Compare your card options + MORE Apr 8th

Compare your card options Our credit card comparison tool helps you compare your options instantly—and find the perfect match. You can sort results based on current welcome offers and gift card bonuses, annual fees, and the estimated rewards value earned annually. Or for further customizat.... More »
TORONTO – You’ve heard of paying retailers with the tap of a smartphone, but Royal Bank thinks shoppers are ready to take another big step: wearing payment options on their wrist.
The bank has paired with Toronto-based technology developer Bionym to test a wristband called Nymi (pronounced Nim-ee), which identifies owners through their unique heartbeat and then lets them charge purchases to their credit card.
The device looks like a watch, and will soon grace the wrists of 250 RBC clients and staff under a pilot project in Toronto that runs through February.
Eventually, the bank hopes to roll out its RBC PayBand across the country.
Royal Bank (TSX:RY) is focusing more on payment technology in an effort introduce more options, said Jeremy Bornstein, head of the bank’s payments innovation operations.
“We’ve been keenly looking at the wearable space for quite some time,” he said in a recent phone interview from the Money 2020 financial innovation convention in Las Vegas…

Continue Reading On canadianbusiness.com »

TORONTO – Canada appears to have used a loophole — a rather large one — to justify to the World Health Organization its decision to stop issuing visas to residents and nationals of Ebola-affected countries.
The global health agency says Canada’s new policy contravenes the spirit if not the letter of the International Health Regulations, but there is nothing the WHO can do about it.
International health law experts have said Canada’s policy, announced Oct. 31, is a violation of the International Health Regulations, known as the IHR. That treaty stipulates that in a global public health emergency, countries shouldn’t take actions that impede international trade or travel beyond what the World Health Organization has recommended.
For months the global health agency has been urging countries not to restrict travel to and from Guinea, Sierra Leone and Liberia, saying the combination of border closures and the sharp decline in flights to those countries is hindering efforts to contain the epidemic…

Continue Reading On macleans.ca »

TORONTO – Canada appears to have used a loophole — a rather large one — to justify to the World Health Organization its decision to stop issuing visas to residents and nationals of Ebola-affected countries.
The global health agency says Canada’s new policy contravenes the spirit if not the letter of the International Health Regulations, but there is nothing the WHO can do about it.
International health law experts have said Canada’s policy, announced Oct. 31, is a violation of the International Health Regulations, known as the IHR. That treaty stipulates that in a global public health emergency, countries shouldn’t take actions that impede international trade or travel beyond what the World Health Organization has recommended.
For months the global health agency has been urging countries not to restrict travel to and from Guinea, Sierra Leone and Liberia, saying the combination of border closures and the sharp decline in flights to those countries is hindering efforts to contain the epidemic…

Continue Reading On macleans.ca »

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