Banking in Canada

Peoples Trust Company Reaches Milestone Towards ACSS Direct Clearer Status

Retrieved on: 
Tuesday, July 13, 2021
Money, Articles, Finance, Banking in Canada, Payments Canada, Payment, Bank, Clearer

Vancouver, BC, July 13, 2021 (GLOBE NEWSWIRE) -- Peoples Trust Company (PTC), part of Peoples Group, announced today it has been granted a Settlement Account by the Bank of Canada, and Notice of initial approval by Payments Canada to change PTCs member status from an Indirect Clearer to a Direct Clearer in the Automated Clearing Settlement System (ACSS).

Key Points: 
  • Vancouver, BC, July 13, 2021 (GLOBE NEWSWIRE) -- Peoples Trust Company (PTC), part of Peoples Group, announced today it has been granted a Settlement Account by the Bank of Canada, and Notice of initial approval by Payments Canada to change PTCs member status from an Indirect Clearer to a Direct Clearer in the Automated Clearing Settlement System (ACSS).
  • This marks an historical moment for the financial industry, with these changes putting PTC on track to becoming the first financial institution in Canada to be a Direct Clearer since ACSS launched in 1984.
  • This opportunity was made possible by regulatory changes in August of 2020 that removed a volume requirement for direct participation in the ACSS.
  • In the world of Canadian payments, Peoples Trust, part of Peoples Group, is a leading issuer of prepaid payment cards and an innovative merchant acquirer.

Royal Canadian Mint $2 Circulation Coin Marks the 100Th Anniversary of the Discovery of Insulin

Retrieved on: 
Tuesday, July 13, 2021
Hormones, Coins of Canada, Branches of biology, Endocrine system, Banking in Canada, Royal Canadian Mint, St. Boniface, Winnipeg, Sussex Drive, Insulin, Royal Canadian Mint numismatic coins

"The Mint has the unique privilege of creating lasting reminders of Canadian achievements through coins and it is proud that its newest $2 circulation coin celebrates the 100th anniversary of Canada's discovery of insulin," said Marie Lemay, the Mint's President and CEO.

Key Points: 
  • "The Mint has the unique privilege of creating lasting reminders of Canadian achievements through coins and it is proud that its newest $2 circulation coin celebrates the 100th anniversary of Canada's discovery of insulin," said Marie Lemay, the Mint's President and CEO.
  • The reverse of the $2 circulation coin commemorating the 100th anniversary of the discovery of insulin as a treatment for diabetes is designed by Kitchener-Waterloo, Ontario artist Jesse Koreck.
  • The words 'INSULIN'/ 'INSULINE' appear on the coin's outer ring, as do the years '1921' and '2021', highlighting the anniversary.
  • The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulation coins.

Royal Canadian Mint $2 Circulation Coin Marks the 100Th Anniversary of the Discovery of Insulin

Retrieved on: 
Tuesday, July 13, 2021
Hormones, Coins of Canada, Branches of biology, Endocrine system, Banking in Canada, Royal Canadian Mint, St. Boniface, Winnipeg, Sussex Drive, Insulin, Royal Canadian Mint numismatic coins

"The Mint has the unique privilege of creating lasting reminders of Canadian achievements through coins and it is proud that its newest $2 circulation coin celebrates the 100th anniversary of Canada's discovery of insulin," said Marie Lemay, the Mint's President and CEO.

Key Points: 
  • "The Mint has the unique privilege of creating lasting reminders of Canadian achievements through coins and it is proud that its newest $2 circulation coin celebrates the 100th anniversary of Canada's discovery of insulin," said Marie Lemay, the Mint's President and CEO.
  • The reverse of the $2 circulation coin commemorating the 100th anniversary of the discovery of insulin as a treatment for diabetes is designed by Kitchener-Waterloo, Ontario artist Jesse Koreck.
  • The words 'INSULIN'/ 'INSULINE' appear on the coin's outer ring, as do the years '1921' and '2021', highlighting the anniversary.
  • The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulation coins.

The 2021 Canadian Consumer Payments Survey: Insights from 2000+ Online Adult Canadians - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 10, 2021
Professional services, Finance, Online payments, Payment systems, Banking in Canada

The "Canadian Consumer Payments Survey, 2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Canadian Consumer Payments Survey, 2021" report has been added to ResearchAndMarkets.com's offering.
  • The Canadian Consumer Payments Survey, 2021, a primary tracking research study conducted online among 2,000+ online adult Canadians, examines the attitudes, payments behaviour and preferences of Canadian consumers across all major payment modalities, looking at the current situation and what consumers expect as the pandemic abates.
  • It provides subscribers with the essential insights into consumer payments in Canada, critical to effective business planning and product development in this turbulent environment.
  • The Canadian Consumer Payments Survey, 2021 is the most comprehensive consumer payments survey in Canada and includes an analysis of the awareness, current usage, and future usage intentions of both traditional and emerging payment instruments.

Media Advisory: Payments Canada to Explore Future of Global Payments Industry at the 2021 SUMMIT

Retrieved on: 
Monday, May 10, 2021
Financial services, Money, Banking in Canada, Payments Canada, Finance, Payment systems, Payment, Banking in the United Kingdom

Add to that a global dialogue focused on fast, secure, convenient digital payment experiences, and there is much to explore at this year\'s SUMMIT," said Tracey Black, President and CEO of Payments Canada.

Key Points: 
  • Add to that a global dialogue focused on fast, secure, convenient digital payment experiences, and there is much to explore at this year\'s SUMMIT," said Tracey Black, President and CEO of Payments Canada.
  • Payments Canada is responsible for the physical infrastructure and the associated bylaws, rules, and standards that support these systems.
  • Payments Canada is working closely with the payments ecosystem to modernize Canada\'s payments systems to ensure Canada and Canadian businesses remain globally competitive.
  • Payments Canada will launch a new high-value payment system, Lynx , in 2021 and a real-time payment system, the Real-Time Rail (RTR) , in 2022.\n'

OSFI's releases an updated forward policy planner

Retrieved on: 
Thursday, May 6, 2021
Banking in Canada, Financial regulation, Office of the Superintendent of Financial Institutions, Government

b'OTTAWA, ON, May 6, 2021 /CNW/ - Today the Office of the Superintendent of Financial Institutions (OSFI) released its prudential policy priorities for the next year.

Key Points: 
  • b'OTTAWA, ON, May 6, 2021 /CNW/ - Today the Office of the Superintendent of Financial Institutions (OSFI) released its prudential policy priorities for the next year.
  • By September , it was clear that prudential policy development work needed to continue and be adapted to the new normal.
  • At that time, we issued our first near term plan to provide the industry and stakeholders clarity on our policy direction through to June 2021.
  • They are:\nNext week OSFI will release a letter summarizing feedback from its technology risk discussion paper and setting out future guidance initiatives.

Paysend Expands its North American Operations; Now Offers Money Transfers from U.S. to Canada

Retrieved on: 
Wednesday, May 5, 2021
Financial services, Countries, Banking in Canada, Payment systems, Money, Debit cards, Interbank networks, Interac, Canada

Then, the funds will be delivered in CAD to the recipient\'s Canadian bank account via Interac , one of Canada\'s most trusted financial brands.

Key Points: 
  • Then, the funds will be delivered in CAD to the recipient\'s Canadian bank account via Interac , one of Canada\'s most trusted financial brands.
  • The money will be transferred within hours to any of the major Canadian financial institutions.\n"At Paysend, we\'re on a mission to create a world without borders.
  • "The U.S.-Canadian border might still be closed due to the pandemic, but we\'re proud that Paysend can help friends and family stay connected.
  • "\nTo celebrate the expanded services, Paysend is waiving transfer fees from the U.S. to Canada until June 1, 2021.

Mogo Completes Acquisition of Investing App Moka, Bringing Total Members to Approximately 1.6 Million

Retrieved on: 
Wednesday, May 5, 2021
Mobile, Wireless, Technology, Finance, Security, Banking, Other Technology, Professional services, Software, Data management, Other Professional Services, Finance, Banking in Canada, Tax-Free Savings Account, Registered Retirement Savings Plan, Mogo, Money, Financial services, Moka, Mogo, MOKA, MOGO

The acquisition increases Mogo\xe2\x80\x99s member base to approximately 1.6 million and expands Mogo\xe2\x80\x99s wealth offering to include saving and investing products.

Key Points: 
  • The acquisition increases Mogo\xe2\x80\x99s member base to approximately 1.6 million and expands Mogo\xe2\x80\x99s wealth offering to include saving and investing products.
  • \xe2\x80\x9cBy adding Moka\xe2\x80\x99s digital saving and investing products, technology platform and experienced fintech team, we move forward with one of the most compelling and differentiated value propositions in Canadian finance.
  • Moka members can invest through a TFSA, RRSP or non-registered account.
  • Except as required by law, Mogo disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210505005572/en/\n'

Aequus to Present at the 2021 Bloom Burton & Co. Healthcare Investor Conference

Retrieved on: 
Monday, April 19, 2021
Finance, Money, Banking in Canada, Canadian Investor Protection Fund, Financial regulation, Investment Industry Regulatory Organization of Canada, Economy, OTC Markets Group

b'VANCOUVER, British Columbia, April 19, 2021 (GLOBE NEWSWIRE) -- Aequus Pharmaceuticals Inc. (TSX: AQS, OTCQB: AQSZF), a Canadian based specialty pharmaceutical company, will be presenting at the 2021 Bloom Burton & Co. Healthcare Investor Conference.

Key Points: 
  • b'VANCOUVER, British Columbia, April 19, 2021 (GLOBE NEWSWIRE) -- Aequus Pharmaceuticals Inc. (TSX: AQS, OTCQB: AQSZF), a Canadian based specialty pharmaceutical company, will be presenting at the 2021 Bloom Burton & Co. Healthcare Investor Conference.
  • Chairman and CEO, Doug Janzen, is scheduled to present at the conference on:\nThis conference and presentation shall be held virtually.
  • For further information, please visit www.aequuspharma.ca\nThe Bloom Burton & Co. Healthcare Investor Conference brings together U.S., Canadian and international investors who are interested in the latest developments in the Canadian healthcare sector.
  • Bloom Burton Securities Inc. is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and is also a member of the Canadian Investor Protection Fund (CIPF).\n'

Cybin to Present at the Bloom Burton & Co. Healthcare Investor Conference

Retrieved on: 
Monday, April 19, 2021
Biotechnology, Alternative medicine, Health, Mental health, Finance, Money, Financial regulation, Banking in Canada, Canadian Investor Protection Fund, Investment Industry Regulatory Organization of Canada, Burton Snowboards, Burton, Economy

Attendees will have an opportunity to obtain corporate updates from the premier Canadian publicly traded and private companies through presentations and private meetings.\nAbout Bloom Burton & Co.\nBloom Burton & Co. (Bloom Burton Securities Inc.) is a firm dedicated to accelerating returns in the healthcare sector for both investors and companies.

Key Points: 
  • Attendees will have an opportunity to obtain corporate updates from the premier Canadian publicly traded and private companies through presentations and private meetings.\nAbout Bloom Burton & Co.\nBloom Burton & Co. (Bloom Burton Securities Inc.) is a firm dedicated to accelerating returns in the healthcare sector for both investors and companies.
  • Bloom Burton has an experienced team of medical, scientific, pharmaceutical, legal and capital markets professionals who perform a deep level of diligence, which combined with our creative and entrepreneurial approach, assists our clients in achieving the right monetization events.
  • Bloom Burton and its affiliates provide capital raising, M&A advisory, equity research, business strategy and scientific consulting, advisory on direct investing and company creation and incubation services.
  • Bloom Burton Securities Inc. is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and is also a member of the Canadian Investor Protection Fund (CIPF).\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210419005528/en/\n'