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Navigating the Future of Finance: The Intersection of Technology and Creativity Apr 11th
In an era where the pulse of finance is increasingly dictated by technological advancements, the industry stands at a crossroads. The trajectory of financial services is no longer solely in the hands of traditional banking institutions or even fintech disruptors. Instead, it lies at the intersection.... More »
Stocks falling after failure of Silicon Valley Bank - CTV News + MORE Mar 13th
Stocks falling after failure of Silicon Valley Bank CTV NewsStock market news today: Stocks, bond yields, bank stocks fall on SVB fallout Yahoo Canada FinanceBefore the Bell: What every Canadian investor needs to know today The Globe and MailFear grips financial mark.... More »
Best all-in-one ETFs for Canadian investors 2026 + MORE Apr 29th
No category generated more discussion and debate from our selection panel this year than that for one-decision or all-in-one ETFs meant to provide a diversified portfolio in a single investment product. (The financial industry likes to call them asset-allocation ETFs.)
Some argued that itâ€.... More »
TD Bank reports $1.58B Q1 profit, down 58% from year ago - BNN Bloomberg + MORE Mar 2nd
TD Bank reports $1.58B Q1 profit, down 58% from year ago BNN BloombergTD tops analysts' forecasts as improved margins offset higher provisions for bad loans The Globe and MailRBC reports Q1 profit down as expenses, provisions for credit losses rise Yahoo Movies Canad.... More »
Constellation Energy Stock Surges on Deal to Buy Calpine - Barron's Jan 10th
Constellation Energy Stock Surges on Deal to Buy Calpine Barron'sCPPIB sells stake in U.S. energy producer Calpine The Globe and MailConstellation Energy Jumps On $26 Billion Deal. But There's Risk. Investor's Business DailyCPP Investments to Sell Stake in Calpine Co.... More »
Get Started: Businesses liable for fraudulent chip credit card transactions starting Thursday
– canadianbusiness.com
APPROACHING DEADLINE
Starting Thursday, businesses that accept credit cards must be prepared to handle transactions with new chip-embedded cards or find themselves paying the bill in the event of fraud.
The credit card industry set Oct. 1 as the day when liability for fraud committed with the new cards will shift to retailers and other businesses if they don’t have equipment to process chip card transactions. The chips in the cards are harder to counterfeit than the magnetic stripes on millions of cards, but they require new card readers and software to process transactions. If a counterfeit card is used in a transaction and a business doesn’t have the new equipment, the company will be liable for the financial losses it suffers.
However, little is expected to change on Thursday at many small businesses. A number of banks and other card issuers still haven’t sent the new cards to their customers, who will continue to use their magnetic stripe cards. It’s expected that millions of the older cards will still be in use going into 2016…
Starting Thursday, businesses that accept credit cards must be prepared to handle transactions with new chip-embedded cards or find themselves paying the bill in the event of fraud.
The credit card industry set Oct. 1 as the day when liability for fraud committed with the new cards will shift to retailers and other businesses if they don’t have equipment to process chip card transactions. The chips in the cards are harder to counterfeit than the magnetic stripes on millions of cards, but they require new card readers and software to process transactions. If a counterfeit card is used in a transaction and a business doesn’t have the new equipment, the company will be liable for the financial losses it suffers.
However, little is expected to change on Thursday at many small businesses. A number of banks and other card issuers still haven’t sent the new cards to their customers, who will continue to use their magnetic stripe cards. It’s expected that millions of the older cards will still be in use going into 2016…
Canadian Tire wants to gamify online banking
– moneysense.ca
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Canadian Tire has launched a new app for holders of its cross-branded Mastercard that blends utilitarian functions like everyday mobile banking payments with loyalty badges and promotional offers.
“We wanted to put something out that would really engage our customers in the card’s value proposition, and really get them a little closer to the rewards,” said Cam Thomson, digital marketing manager with Canadian Tire Financial Services. “We think we can engage customers to another level, if we come up with something that’s fun and exciting and very different than what other financial institutions are putting out there. ”
The mPlay & Pay app, which is only available to Canadian Tire Options Mastercard members, offers standard mobile banking features like account balances and payment history, as well as contactless mobile payments at Canadian Tire retail locations…
Before the Bell: Stocks are on shaky ground
– theglobeandmail.com
Our equities analyst looks ahead to the investment day
Shares in Swiss-based commodities giant Glencore plunged 29 per cent to a record low on Monday after analysts raised fears about lower metal prices.
Cape Breton PostTSX falls more than 1 percent as financials, resources dragReuters CanadaTORONTO (Reuters) – Canada's main stock index fell more than 1 percent on Monday, extending Friday's losses, as weighty financial names and resources fell sharply, hurt by sliding commodity prices. Ongoing investor uneasiness about the economic …The open: TSX retreats at open as resources dragThe Globe and MailNorth American stock markets fall sharply, loonie downHamilton SpectatorResources, Metals Drag TSXBaystreet.caall 24 news articles »
