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‘Long overdue’: Frustrated tech leaders call for progress on open banking to increase competition
Article contentTORONTO — Members of Canada’s increasingly frustrated fintech sector are calling on the federal government to move ahead with promised plans to give consumers more control over their financial data.Dozens of tech leaders sent a letter Thursday to Finance Minister Chrystia Freeland arguing that Canada is falling behind as an increasing number of countries…
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Revenue growth is more complex than ever. Here’s how your finance team can drive value
The finance department touches every single area of the business, from internal operations to customer contracts. Yet the finance function has been relatively stagnant, often seen as “bean counters” warning of new spending while the rest of the organization embraces technology and new techniques. Until now. Facing both macroeconomic pressures and pressure from within the…
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Toyota Finance confirms unauthorized systems access
The number of ransomware groups engaging in multipoint ransomware activities, also known as double-tap or double-extortion methods, to pressure targets into acceding to their ransom demands has been surging over the past three quarters of the year, reports SiliconAngle.
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Navigating the Green Transition: Insights from our Green and Transition Finance Executive Summit
On November 9, 2023, the Canadian Chamber of Commerce brought together industry leaders, experts, and stakeholders at the Vogue Hotel Montreal Downtown, for the Green and Transition Finance Executive Summit. This critical summit examined the evolving landscape of sustainable finance, addressing the imperative for a credible taxonomy and aligning climate disclosures with international standards. The…
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Finance major first URI junior to pass rigorous CFA exam
KINGSTON, R.I. – Nov. 17, 2023 – Thomas Buckanavage got his first real taste of investing his senior year of high school, at the start of the pandemic. He had always been around finance. His father, David, a 1980 graduate of the University of Rhode Island and member of the College of Business’ Executive Advisory…
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OECD: Rich countries “likely” to hit $100bn climate finance goal
Rich countries “look likely” to have met a long-overdue goal to provide $100 billion a year in climate finance to vulnerable countries in 2022, two years later than promised. The claim made by the Organisation for Economic Co-operation and Development (OECD), which carries out an annual assessment of the pledge, is based “on preliminary and as yet…
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In Mexico, fintechs eagerly await the delayed Open Finance regulation
Mexico, once a pioneering force with its Fintech law back in 2018, now faces the risk of lagging behind its Latin American peers. Five years after the country made waves with its tailor-made regulation, other nations in the region have surged ahead with their initiatives, notably in Open Finance frameworks, a development deemed crucial by…
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Tim Sheehy’s personal finance disclosure shows vast wealth, array of investments
A new personal finance disclosure for Tim Sheehy, the current Republican front-runner in the party’s effort to topple longtime Democratic incumbent U.S. Sen. Jon Tester in 2024, shows a complex array of business holdings, properties, investments and other assets that generate millions of dollars each year for the Belgrade businessman. Sheehy, the CEO of…
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ROI Influencers: Real Estate 2023 — Banking & Finance
Daniel Alger; Sherry WangManaging directorsGoldman Sachs Urban Investment GroupAlger and Wang lead a Goldman Sachs Urban Investment Group that focuses heavily on addressing socioeconomic gaps in housing and health care. Christopher CoileyFirst senior vice president & commercial mortgage division head of N.Y. and N.J.Valley BankCoiley manages all the Wayne-based bank’s commercial mortgage relationships in…
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Ally Financial to present at the Goldman Sachs US Financial Services Conference
CHARLOTTE, N.C., Nov. 17, 2023 /PRNewswire/ — Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Russ Hutchinson will present at the Goldman Sachs US Financial Services Conference on Wednesday, Dec. 6, 2023 at approximately 10:00 a.m. ET. A live webcast will be available on the day of the conference at http://www.ally.com/about/investor/ under the Events and Presentations…