Portfolio+
Portfolio+ Launches Cloud-First Open Banking Finance Ecosystem in Canada
Portfolio+ Inc. (Portfolio+) unveiled a robust cloud platform to help neo banks and fintech enterprises pivot to open banking 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
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
Portfolio+ Joins the Open Banking Initiative Canada (OBIC)
Are Digital-Natives an Opportunity for Alternative Lending?
What Does a Quiet Shift in Key Demographics Mean for Both Banks and Alternative Lending? As Canadian banks and financial institutions continue to press forward with ongoing digital strategies, including legacy modernization and cloud migration journeys, an important generational shift has quietly taken place over the past few years: Millennials have overtaken Baby Boomers to become the largest generational demographic








