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[ad_1] Scotiabank is exploring the use of AI and generative AI to bolster its cybersecurity infrastructure and aims to work with vendors to develop the technology....
[ad_1] Bank of Nova Scotia agreed to buy a minority stake in KeyCorp, which was among the US regional banks hit hardest in last year’s tumult,...
[ad_1] Scotiabank saw digital adoption among customers and its tech spend tick up during its fiscal second quarter 2024. The Toronto-based bank reported active mobile users...
[ad_1] What do I need to know about managing my finances as a contractor? No matter what type of construction business you launch or buy, it’s...
[ad_1] Scotiabank‘s tech spend climbed in the fourth quarter as the bank invested in digitalization and automation to keep up with client demand. The Canadian bank’s...
[ad_1] Why trust us MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading...
[ad_1] As a result of these rate hikes, the interest rates available on guaranteed investment certificates (GICs) have risen as well—leading to renewed interest from savers...
[ad_1] How cashable GICs work Traditionally, GICs offer Canadian investors three core benefits: Principal protection to ensure your money remains safely invested A guaranteed interest rate...
[ad_1] Scotiabank reduced its headcount and branch footprint in its fiscal fourth quarter as part of its restructuring initiatives to pull back on costs. The Canadian...
[ad_1] If you like the safety of GICs but also want exposure to the stock market, there’s a type of investment for that: market-linked GICs. These...
[ad_1] Bank of Nova Scotia will dismiss 3% of its employees and take a writedown on its investment in a Chinese bank in a broad restructuring...
[ad_1] Financial institutions are implementing AI throughout their organizations at a steady pace. However, even with investments made and use cases identified, AI can only accomplish...
[ad_1] Financial institutions have kept their noses to the grindstone this year amid industry turbulence and technological disruption. To cut costs and streamline operations, banks looked...
[ad_1] AI development has traditionally been reserved for specific coders with advanced training, but with generative AI, financial institutions can look to citizen coders. According to...
[ad_1] Canadian banks increased non-interest expenses in the third quarter as investment in technology and personnel drove up costs. The $1.4 trillion Royal Bank of Canada...
[ad_1] Scotiabank increased its investment in technology, personnel costs and advertising to grow business operations and remain competitive. In the third quarter of 2023, which...
[ad_1] The Canadian Scotiabank increased its year-over-year tech spend by 9% to $372 million during the first quarter to support business growth as the bank adjusts...
[ad_1] Scotiabank’s ongoing technology modernization has resulted in tech staff reductions in Canada and internationally during its fiscal fourth quarter 2022. The 1.3 trillion bank’s digital...