Portfolio+
What Is Digital Lending?
Loans and mortgages aren’t completely broken. That’s primarily because the main difference between something that’s broken and something that’s not broken is that broken things generally can’t do the functional job they were initially designed to do, often because some critical element or piece is either damaged or missing. For the most part, traditional loans and mortgages still do the
What Is Mortgage Software?
Before exploring mortgage software and how this specialized financial services solution is used by banks and financial institutions, let’s take a moment to look at the housing market. Maybe you’ve heard a little something about the rising price of homes in Canada. Sound familiar? With what’s been referred to as a perfect storm consisting of near-zero interest rates, record-low inventory
Portfolio+ Launches Cloud-First Consumer-Directed Finance Ecosystem in Canada
Portfolio+ Inc. (Portfolio+) unveiled a robust cloud platform to help neo banks and fintech enterprises pivot to consumer-directed finance in Canada. The foundational platform also serves as a catalyst to transform traditional banks and financial services firms into cloud-first enterprises capable of introducing innovative financial products and services. “The launch of our advanced cloud platform provides the Canadian financial services industry
Will Banking-as-a-Service Destroy Open Banking?
When it comes to financial technology and financial services innovation, the banking industry is still evolving. Banks are modernizing, fintechs are adapting. We’re unquestionably somewhere in the middle of a kind of banking evolution. Whether we’re looking at technology, legislation, or even banks and other industry players, one thing is consistent: Things are changing. Even how we talk about different
What Is a Virtual Private Cloud?
Virtual Private Cloud Will Play a Critical Role in the Future of Banking Although at first glance a virtual private cloud may sound like the futuristic virtualization of cloud computing technology and banking infrastructure within the metaverse, that’s not exactly it. (Well, not yet, anyway.) A virtual private cloud is a secure cloud computing technology solution that’s primarily reserved for
What’s the Difference between Public, Private, and Hybrid Cloud?
It’s time to move. So, which is it: A public, private, or hybrid cloud? What about a virtual private cloud? Are the choices still too cloudy? With the banking industry anticipating considerable changes over the next twelve to twenty-four months—driven by both the effects of digital acceleration in a lingering global pandemic and the federal government’s recommendation that Canada should
Cloud Security | Is the Cloud Safe for Banks?
Moving data from local systems to the cloud can feel incredibly intimidating, but it’s even more intimidating when that data contains the private financial information of tens of thousands of banking and financial services customers. Add on legitimate concerns about cloud security, pair that with the ambiguous nature of a financial institution’s regulatory compliance obligations, and things become—well, a little
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