Resources

Riding the Waves of Change: Our Takeaways from CCUA’s 2025 National Conference Last week, our Portfolio+ sales team had the pleasure of joining credit union leaders, fintech innovators, and financial trailblazers at the Canadian Credit Union Association’s 2025 National Conference, hosted in beautiful Halifax. With the Atlantic breeze in the air and the theme “Waves of Change” at the center

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What Are the 5 Best GIC Software Features for Banks and Financial Institutions? Banks and financial institutions know that the right GIC software is one of the most critical components of a core banking system. It not only provides a trusted foundation for creating and offering a diverse range of deposit products that appeal to a wide range of investors,

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GIC investments are traditionally more popular among a certain type of investor, but according to recent data from the Bank of Canada, it appears that GICs and fixed-term deposits are on the rise with their popularity set to skyrocket in 2023, as more and more Canadians turn to safer investments in the face of heightened economic uncertainty.  In fact, data

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What Happens When A Bank Fails? Your money isn’t available. Yes, that’s right. It probably comes as a bit of a shock. Your banking app is down, too—that’s just a part of this whole thing. You read the message, though, right? I think it says something like, your financial services are not available. Not very helpful, is it? They should

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What is a Schedule I Bank in Canada?  It’s OK to admit that maybe there’s a point where your understanding of the banking landscape kinda-sorta-slips-away-from-you. Maybe you know a thing or two about investment banking. Maybe you’re even a bit of a specialist in personal investments at your firm. The kind of person everyone goes to for advice on the

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We’ve written about Guaranteed Investment Certificates (GICs) a lot lately. I know this because before I fell asleep last night, I started thinking about the different GIC types.  Afterward, I immediately thought, this is a really weird thing to think about right now. So, since my mind is fixated on the details surrounding GICs, let’s go one step further andRead more

Isn’t a Non-Financial Institution Still a Financial Institution? Ok, so maybe it’s not the best name. After all, you wouldn’t call a bicycle a non-skateboard. Just like you wouldn’t call a horse a non-cow or an airplane a non-bird. You see where I’m going here. But sometimes—even despite personal intuition, common sense, and logical rationalization—ridiculous things still happen. (Think presidential

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How Do You Start & Open a New Bank in Canada? You’re here for one of two reasons. The first reason: You’re a financial service visionary about to set off an epic journey of establishing Canada’s next Schedule I bank. You’ve come armed with an entirely new banking idea that aligns with the boom of open banking in Canada and

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What Is White Labeling in Financial Services? White labeling is where companies take third-party manufactured products, throw their own label or brand on it, and market the products as their own. It happens everywhere. You might not know when you encounter a white-label product, but you’re not supposed to know. That’s entirely the point. Sometimes called private-labeling, white-labeling gives brands

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What Is Cloud Banking and Why Are Banks Moving to the Cloud?  What comes to mind when you hear the words cloud banking? Now, depending on your perspective, your initial thoughts might be quite different. As a consumer, it’s hard not to immediately conjure up images of happy people walking around on fluffy, white cotton terrain somewhere in the sky, making

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