CIBC unveils first banking platform for SMEs that integrates banking, accounting, payroll
CIBC SmartBanking for Business boosts efficiency for business clients through collaboration with Intuit Canada, Xero and Ceridian TORONTO–CIBC unveiled a first-of-its-kind banking platform in Canada designed to help small and medium-sized businesses run and grow their companies. Called CIBC SmartBanking™ for Business, this digital solution gives business owners a comprehensive …
Greensill gets $800 Million Investment from SoftBank Fund
LONDON–Greensill, the leading non-bank provider of working capital finance for companies globally, today announced an $800 million investment by the SoftBank Vision Fund. The transaction underscores the value of working capital finance as the most advanced means of providing low cost capital to companies large and small, while opening up …
CIBC Asset Management Makes Portfolio Management Changes
CIBC Asset Management Inc. is making changes to its lineup of U.S. equity strategies, effective on or about July 2, 2019, to further strengthen its offering for clients. Imperial U.S. Equity Pool CIBC Private Wealth Advisors, Inc. assumes core advisor responsibilities and joins CIBC Asset Management Inc., Rothschild & Co …
FPM360 joins Raymond Chabot Grant Thornton’s ranks
Raymond Chabot Grant Thornton is taking by storm the digital sector of the finance function and becomes Quebec’s leader MONTRÉAL–Raymond Chabot Grant Thornton announces the acquisition of FPM360 and becomes Quebec’s leader in consulting for CFOs. Specifically, the firm is bolstering its services in the area of financial performance management, …
How to Fuel Business Growth With Working Capital
By Paul Roman Like a plant needs water, every business requires a great deal of working capital to grow; however, getting access to capital isn’t always easy nor is finding the time within an ever growing to-do list to prioritize it. To create the cash flow necessary to fuel growth …
Imagining the Future of Digital ID&V
By David Poole Two closely linked concepts like identity and verification (ID&V) have taken on an increasingly critical role in consumers’ day-to-day lives. Identification systems use a trusted ledger, process or token to identify a person or entity; whereas verification aims to answer the question “is this person who they …
New report examines dueling priorities in banking: Identity verification and customer experience
Rancho Santa Margarita, CA—Melissa, a leading provider of global contact data quality and identity verification solutions, today announced availability of “Identity Verification: Successful Strategies to Minimize False Positives and Risk,” a new report commissioned by Melissa and produced by Aite Group. The paper explores the challenge of verifying identity without …
Why daily pay for gig workers
By Chris Seip In Canada, and across the globe, we’re seeing the emergence of a gig economy that is fuelled by on-demand workers. According to EY, the U.S. contingent workforce has grown by 66 per cent in the past 10 years1. Ride-hailing services are one of the largest users of …
Stopping revenue leakage
By Justin Schweisberger Canada’s ongoing transition to a new payments infrastructure that provides full remittance data for electronic transactions will be a huge boon for businesses, accelerating the migration from cheques, reducing manual reconciliation and streamlining the supply chain and collections. All of which is great news for CFOs and …
Financial inclusion with voice banking
By Henrique Godinho When Amazon’s Alexa made its Canadian debut in November 2017, experts were quick to speculate about what voice-activated technology could bring to the banking industry. What emerged was early experimentation towards the integration of voice applications into general banking operations, like verbally disseminating branch hours, locations and …