In a move that will further alter the banking landscape in Canada, Meridian credit union is looking to join the big five in becoming a federally chartered bank by 2018. However, all of its services will be based online rather than in brick-and-mortar locations.
We love to bank online – whether through our smartphones or laptops – but we aren’t using these services to our full potential. Read on for thoughts from Amber Mac, tech expert, who says the online banking revolution is only just beginning.
It’s another step towards a cashless society: The UGO Mobile Wallet. We have a look at its features and how its users can reap the benefits.
We’ve heard about Uber, Car2Go and Airbnb and how each service is changing its respective industry. Now there’s something that banks need to watch out for: fintech. Short for financial technology, it could literally give banks a run for their money.
Have you heard of these Canadian fintech companies? Banking in our country is set for a huge shift over the next decade – and these companies are driving the change.