Latest Articles

12
Jun

Portfolio+ Empowers Equitable Bank with Digital Lending API

Portfolio+ Empowers Equitable Bank with Cutting-Edge API Solutions to Improve the Lending Journey for Customers and Employees Portfolio+, a leader in financial technology solutions, proudly announces the successful deployment of its application programming interface (API) for for Equitable Bank’s Loan Origination System (LOS), “EQ Genesis.” The innovative digital lending API and integration provides Equitable Bank, Canada’s Challenger Bank™ and seventh

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24
May

Join Portfolio+ at the 2024 Open Banking Expo!

Join Portfolio+ at the 2024 Open Banking Expo! Portfolio+ is excited to announce its participation at the 2024 Open Banking Expo on Tuesday, June 11, 2024, at the Metro Toronto Convention Centre in downtown Toronto. Join us along with other innovators and visionaries driving the open banking movement in Canada. We look forward to connecting with attendees to explore collaboration

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22
May

FHSA and Regulatory Updates Coming in Portfolio+ Minor Release

Portfolio+ Minor Release Is Coming on June 21! We’re pleased to announce the next minor release of Portfolio+ will be available to current customers on June 21. Portfolio+ 18.6 is packed with 34 new updates and enhancements that reflect our ongoing commitment to helping financial institutions respond to the industry’s changing regulatory and economic environment. As part of this release,

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30
Apr

2024 CCUA Conference for Credit Unions

Portfolio+ at the 2024 CCUA National Conference for Credit Unions Portfolio+ will be participating at the 2024 CCUA National Conference for Credit Unions on May 5-8, 2024, at the TELUS Convention Centre in Calgary, Alberta. We’ll be connecting with attendees and exploring how collaboration, innovation, and technology can address all the challenges facing credit unions today. Visit us at Booth

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16
Apr

Portfolio+ Launches A New Reverse Mortgage Product for Banks and Financial Institutions

Empowering Financial Institutions to Meet the Growing Demand for Reverse Mortgages Portfolio+ Inc. (Portfolio+), a Canadian provider of financial services systems and technologies, announced today the release of its Portfolio+ reverse mortgage product—an innovative addition to its comprehensive suite of lending solutions. Portfolio+ recognizes the notable growth of reverse mortgages over the past decade supported by an increasing number of

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27
Mar

What is Banking Software?

What Is Banking Software? Banking software encompasses a broad spectrum of digital solutions designed to facilitate and streamline the operations of institutions such as banks, credit unions, and other financial entities. Banking software systems enable the seamless execution of transactions, management of accounts, processing of loans, and a plethora of other financial services. The software encompasses a range of applications
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9
Feb

Why Organizations Should Include US Currency Options in Canadian Term Deposits

US Term Deposits offer strategic advantages for financial institutions and brokerages, as well as their clients. By focusing on product diversification, currency risk management, customized investment solutions, and the pivotal role of CDIC insurance, this article sets the stage for a comprehensive exploration of nominee-based and client-named US dollar guaranteed investment certificates (GICs). It emphasizes the importance of these deposits
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25
Jan

The Portfolio+ Way: Transitioning to a POD Structure

Organizations must continually evolve and adapt to thrive in today’s ever-changing business and technical landscape. The team at Portfolio+ understands this well and is embracing new ways of working. Portfolio+ is pleased to share that it has embarked on a transformative journey to enhance its capabilities in product design and exceptional customer support. This voyage involves a strategic move to

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22
Jun

What Is a Core Banking System?

What Is a Core Banking System?  When it comes to managing, prioritizing, and adopting new banking technologies, there’s an awful lot to consider lately. From endlessly evolving digital transformation strategies that may include complex cloud migration initiatives and API-based integrations, banks, credit unions, and other financial institutions are tirelessly confronting a rapidly changing financial services landscape. While exploring new opportunities

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27
Apr

What Is a Credit Union?

If you’ve ever wandered the warm, misty streets of Vancouver in the spring, driven the flat endless plains of the Canadian Prairies, or even grew up in small town Ontario, there’s a very good chance that you’ve seen a credit union here and there. Throughout Canada, both small and large independent credit unions are a staple of the communities they

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