Articles About Open Banking

Using Other Currencies in Canada

Since there is a law in place in Canada about using foreign currencies throughout the country; this is something that you want to keep in mind before traveling to the country. If you are looking to travel, then you want to make sure you’re set to go with the right currency to pay for the trip and all you are going to do while there.

Gary Schwartz, President of the CLA, Is On a Mission to Bring “Open Banking” to Canada

Canada’s lending ecosystem is often viewed through a fragmented lens, where FinTech companies, financial institutions, and “alternative lenders” each play a unique and distinct role. Gary Schwartz, the president of the Canadian Lenders Association (CLA), however, doesn’t quite see it that way.

Tangerine Review

Tangerine is an online bank that has been serving Canadians since 1997, first as ING Direct and then switching to Tangerine in 2013. As with any Canadian bank, they offer a wide range of different financial services, the only difference being that they operate completely online and do not have any brick and mortar stores.

How to Choose a POS System

To collect payments at checkout, you need to have a good POS (Point of Sale) system in place. The following information will define and explain POS systems so you can make a more informed decision.

Using the 11 Sharpest Online Tools to Send Money

Traditional banking institutions have offered customers wire transfers for decades, and still do so today. But online wire transfers are a much more convenient and less costly way to send money. This article provides an overview of 10 of the top online tools to use to send money for consumers.

How to Decide Which Savings Account is Best

To cut right to the chase, the point in choosing a savings account versus putting cash in mason jars buried in the back yard is to make money. Therefore, talking interest rates should be the first order of business, whether speaking to a banker in person or shopping for an account online. When it comes to finances, the result of choosing the right savings account can create money-making opportunities now and far into the future.

Canada is a global financial industry powerhouse; so why isn’t its FinTech sector?

The imbalance between the relative successes of Canada’s major financial institutions and the relative anonymity of its FinTech sector was a key area of focus throughout the daylong AltFi Toronto event. The stage played host to a range of experts from tech and finance, from Canada and abroad, each offering their thoughts on why the country’s FinTech industry is lagging behind, and how best to enable it to catch up.

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