When it comes to their banking needs, Canadians are less satisfied than they were a year ago, finds the 10th annual J.D. Power Canadian Retail Banking Customer Satisfaction Study. The top culprits: hidden fees and a decline in services.
Tangerine is the first Canadian bank to reveal a Touch ID and Voice Banking app, designed to add an extra layer of security to mobile banking. Will these new security measures make online banking even more secure? Read on for the details.
In a surprise announcement on November 5, ING Direct announced its new name will be Tangerine as of Spring 2014, as well as new products to come, including a no-free credit card.
PC Financial introduces a 2.6% high interest savings account as lenders compete for consumer deposit business. It’s a great opportunity for consumers to focus on their savings – but what are the economic forces behind the interest rate hike?
A survey by ING Direct finds more than half of Canadians are confused about their tax free savings account options. The survey also found that the main reason investors are avoiding these accounts is due to lack of surplus monthly income from living paycheque to paycheque.
Looks like Canadians are starting to heed the warnings swirling around household debt: An ING Direct Survey finds Canadians are in better financial standing compared to 2011, with one third saving at least $1000 every year.
This week’s Friday Mortgage Roundup explores the impact of Scotiabank’s ING DIRECT acquisition and breaks down recent CAAMP updates.
There’s no way around it – kids are expensive! It costs an average of $242,000 to raise that bundle of joy to the age of 18. For new parents, though, the first year of costs can be an especially terrifying challenge.
Scotiabank has purchased ING Bank of Canada, the largest online bank in the nation, in a deal totaling $3.126 billion. The sale, expected to close by December, is anticipated to result in a net investment for Scotia of $1.9 billion, and retail deposits of over $30 billion to the bank’s balance sheet.
ING Direct, Canada’s number one online bank, may be up for sale, a surprising turn of events following news that its Dutch parent company, ING Groep NV may be strapped for funds.