Home Banking industry
Hi-tech technological background with numbers and calculations

The University of Waterloo lab will develop new privacy tools

Global banks have shifted their business mix away from complex and risky trading activities, report finds

The outlook for global bank regulation is stable

The claim alleges the banks suppressed the CDOR by making artificially lower interest rate submissions

Canada's Big Six banks seek new ways to embrace technology - including working with fintech firms and incorporating AI into banking services

Downtown office buildings Toronto

The revised requirements for banks will begin to be phased in during the second quarter

Feds to consider expanded services from banks, fintechs

Consumers prefer to receive new services from their existing bank, but are open to changing firms to gain better service and more value

The lower corporate rate is expected to have a postitive effect on banks’ future earnings

The Toronto-based firm uses AI in its platform to analyze various forms of data to learn and anticipate an individual customer’s needs

But a lower corporate tax rate will have a positive effect on future earnings, the bank says