Industry Features

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Fraud prevention in focus: Key takeaways for financial institutions

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Last month at Momentum 2024, our highly anticipated fraud panel delved into the critical issue of the shifting fraud liability from consumers to credit unions and banks. As technology and AI continue to advance, they bring both new challenges and exciting opportunities. The two most upvoted topics were the actions financial services providers (such as credit unions) should take and...

Beyond reporting: A platform to understand and act on IFRS 9 Data

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The International Financial Reporting Standard 9 (IFRS 9) introduced the expected credit loss model which requires financial institutions to forecast potential future losses. This standard emphasizes compliance while encouraging a more integrated approach to data analytics and reporting. As it improves transparency and stability in the financial system, it also influences how organizations budget for future expenses and reserves. An...

Smart payment solutions to drive success for your small business customers

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Small businesses are the heartbeat of the Canadian economy, driving innovation and creating opportunities in communities nationwide. Payments are the lifeblood of any business, and we’re committed to ensuring that small businesses can send, receive, and manage payments securely and efficiently. Deliver seamless payments, every time Central 1’s payments infrastructure and modernized payment capabilities — now and through the future...

In conversation with Dan Kelly, President & CEO of CFIB: Navigating Canada’s small business landscape

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Small Business Week is here! Dan Kelly, President & CEO of Canadian Federation of Independent Business — Canada’s association for small and medium-sized companies — will join us next week at Momentum 2024. In anticipation of these two events, we spoke to him about key trends in the small business sector that financial institutions should prioritize to effectively support the...

Advancing the future of payments: Interview with Kristina Logue, Payments Canada’s CFO

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In anticipation of Momentum 2024 in October, we’re shining the spotlight on many of the expert speakers joining us at the conference. Kristina Logue, Payments Canada’s CFO, will join a panel discussion to explore the emerging innovations and shifts in the future of Canada’s payments landscape. Kristina is the Women in Payments’ 2024 Inspiration Award recipient. She is celebrated as a beacon...

Meridian CEO Jay-Ann Gilfoy on driving innovation, collaboration and community impact

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  Momentum’s highly attended CEO panel gathers our leaders to share their respective reflections on some of the most top-of-mind challenges and opportunities for credit unions. Jay-Ann Gilfoy, Meridian Credit Union’s President and CEO will be joining this year’s panel in October. A seasoned business leader, Jay-Ann has served in many leadership positions throughout her career including roles at Vancity,...

Fraud Prevention Month: Tandia Credit Union’s unique approach to fraud prevention education

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In today's digital age, member education stands as a crucial pillar in mitigating financial losses. This Fraud Prevention Month, Tandia Credit Union’s new YouTube series showcases a creative, friendly and proactive approach to educating members on fraud prevention, demonstrating their commitment to members’ financial well-being.   Watch their videos and get inspired!  Creating educational content with a compelling story offers...

Building a sustainable future: Your path to responsible investment

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According to new data from the 2023 Canadian Responsible Investment (RI) Trends Report, responsible investment is increasingly becoming table stakes for investors, and investment organizations are integrating RI approaches more fully. The proportion of RI asset under management among all Canadian professionally managed assets increased by two points to 49 per cent last year. Serving as the primary liquidity provider...

Celebrating cooperative impact with the Gary Gillam Award  

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Credit unions serve as the pillars of community-driven financial services, grounded by the seven cooperative principles. In a time when Canadians are increasingly focused on improving their financial well-being, credit unions emerge as trusted allies they can rely on to navigate through challenging macroeconomic times.   What are the cooperative principles?   Written in 1844, The Rochdale Equitable Pioneers Society founded...

Early-bird registration is now open for Momentum 2024! 

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Don't miss out on early-bird savings for Momentum 2024. Register on our event website to save 30 per cent off registration fees and secure your spot. When: October 28-30, 2024 Where: The Westin Harbour Castle Hotel, Toronto What to expect:   Future-focused stage discussions, led by industry experts  Two networking receptions with fellow decision-makers  Partner exhibit hall showcasing the latest innovations...