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Financial Services

Insights on how technology is creating opportunities to drive innovation and growth in the financial services sector.
Financial Services
AI
Artificial Intelligence
Articles

AI’s Mid-Market Makeover in Financial Services

October 07, 2024
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Mid-sized financial services institutions (FIs) are facing significant challenges during this period of rapid technological change, particularly with the rise of artificial intelligence (AI). As customer expectations grow, smaller banks and lenders must stay competitive and responsive. Canada’s largest financial institutions are already advancing in AI, while many others remain in ‘observer’ mode, hesitant to invest and experiment. Yet, mid-sized FIs that adopt the right strategy have unique agility, allowing them to adapt swiftly and efficiently to technological disruptions—even more so than their larger counterparts.

Financial Services
IT Partners
IT Security & Compliance
Articles

Why Banks and Credit Unions Should Pick Technology Vendors with SOC 2 Type II Certification 

July 18, 2024
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Achieving SOC 2 Type II compliance is crucial for vendor partners in the financial sector, ensuring robust security, availability, processing integrity, confidentiality, and privacy. Discover why technical leaders are prioritizing SOC 2 Type II compliance to stay ahead in an increasingly regulated industry.

Financial Services
Consumer Driven Banking
Open Banking
Articles

How Open Banking Will Empower Small Businesses in Canada

June 06, 2024
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small business owners benefitting from open banking technology

With 85% of business owners seeking faster access to capital in today’s challenging economy, Open Banking offers a way out. This guide explores how it addresses issues like high inflation and slow lending processes, aiding small businesses in navigating the evolving landscape.

Financial Services
AI
Digital Transformation
Articles

Align, Assemble, Assure: A Framework for AI Adoption

May 09, 2024
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An in-depth guide for adopting and scaling AI in the enterprise using actionable and measurable steps.

Financial Services
Business Process Improvement
Enterprise Automation
Articles

BPI in Banking and Financial Services in the US & Canada

April 23, 2024
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Business Process Improvement in Financial Services in US & Canada

Banking and financial services are changing fast. Moving from old, paper methods to new, digital ones is key to staying in business. It’s important to think about how business process improvement (BPI) can help.

Financial Services
Banking Automation
Business Process Improvement
Articles

Business Process Improvement vs Business Process Reengineering 

April 08, 2024
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Business process improvement vs. reengineering is a tough choice. In this guide, we help you choose between the two based on four factors.

Financial Services
Business Process Improvement
Articles

What is the role of a Business Process Improvement Specialist? 

February 16, 2024
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Business Process Improvement Specialist in Canada

A business process improvement specialist identifies bottlenecks and inefficiencies in your workflows, allowing you to focus efforts on automating the right processes.

Financial Services
API Management
Open Banking
Financial Services

Open Banking Technology Architecture Whitepaper

February 13, 2024
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We’ve developed this resource to help technical teams adopt an Open Banking approach by explaining a high-level solution architecture that is organization agnostic.

Insight
AI
Enterprise Automation
Articles

These are not your grandmother’s models: the impact of LLM’s on Document Processing

January 22, 2024
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These are not your grandmother’s models: the impact of Large Language Models on Document Processing

Explore the transformative influence of large language models (LLMs) on document processing in this insightful article. Discover how these cutting-edge models are reshaping traditional approaches, unlocking new possibilities in data analysis, and revolutionizing the way we interact with information.

Financial Services
Insights
Payments
Financial Services

The Value of Speed: C.D. Howe Institute policy research quantifies the benefits of a modern payment ecosystem in Canada

January 10, 2024
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A research report from the C.D. Howe Institute provides in-depth analysis on the benefits of Canada adopting modern payments infrastructure.

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