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Search Results for: scotiabank

Scotiabank launches ‘Bank Your Way’ information tool for seniors

Scotiabank is launching an information hub for seniors the bank is calling ‘Bank Your Way,’ a new tool to guide customers through digital banking. This resource is now available in various provinces and should be useful considering the challenges of COVID-19. The information hub helps customers learn the basics of digital banking and about self-serve tasks….

Scotiabank’s latest update brings face unlock to the Pixel 4

The Scotiabank app’s latest update brings a few new features to the platform. First off, if you own a Pixel 4, you’re now able to unlock your device with your face. This is a useful update, as before the app only allowed for users to unlock with their fingerprints, and the Pixel 4 lacks fingerprint…

Scotiabank launches international money transfers on mobile app and web

Scotiabank has launched a new ‘Scotia International Money Transfer’ feature to allow customers to send money internationally through its mobile app or website. It costs $1.99 per transaction, but the transaction price is subject to foreign exchange rates. There isn’t a fee for customers with the ‘Ultimate Package’ at the bank or customers of the…

Scotiabank donates $750,000 to University of Ottawa for AI research

Scotiabank is donating $750,000 to the University of Ottawa to launch the Scotiabank AI & Society Initiative. The initiative will focus on two research projects. The first project will support research focused on design ethics and inclusive AI systems. The second project will explore global AI regulations and how they might impact Canadian policies. Scotiabank…

Scotiabank donates $1.25 million to University of Alberta for AI research

Scotiabank announced that it donated $1.25 million CAD to the University of Alberta to fund an artificial intelligence research initiative. The donation will go towards the Scotiabank Artificial Intelligence Research Initiative. The initiative aims to build practical tools and develop predictive models for fraud detection and speech to text analytics. “Our partnerships with academia are…

Scotiabank’s new mobile banking app rolling out today on iOS and Android

If you’re a Scotiabank customer like me, today is a momentous day. After a beta test that involved more than 25,000 Canadians, the bank’s new mobile banking app, available both on iOS and Android, is starting to roll out today. This is especially good news for Android users; on Android, the previous app had started…

Scotiabank’s new business banking app includes integrated security tokens

Scotiabank showcased Canada’s first mobile business banking app with integrated security tokens. Shown off at the 2018 Association of Financial Professionals Conference in Chicago, the ‘ScotiaConnect Mobile Banking for Business’ app hopes to help businesses manage finances on the go. Scotiabank designed the app for corporate treasury departments, CEOs and owners of small- or medium-sized…

Nearly half of all Canadian TV subscriptions are for streaming services: Scotiabank

Canadian streaming service subscriptions are steadily closing in on cable and satellite television subscriptions. According to an October 15th, 2018 report published by Scotiabank’s Jeff Fan, over the top (OTT) streaming services — specifically Netflix, Amazon Prime Video, CraveTV and Club illico — account for approximately 46 percent of all Canadian television subscriptions. Fan added…

Scotiabank is giving away thousands of dollars worth of free Presto cards

Scotiabank is celebrating the re-naming of Toronto’s most famous modern arena with free pre-loaded Scotiabank Arena-branded Presto cards. The national bank is getting ready for the upcoming NHL and NBA seasons by giving away thousands of pre-loaded Presto cards to celebrate home games. The first Maple Leaf home game is against the Montreal Canadiens on…

IMAX and Cineplex launch new ‘The Centre’ VR arcade at Toronto’s Scotiabank Theatre

IMAX and Cineplex have partnered to launch a new IMAX VR experienced called ‘The Centre’ at Toronto’s downtown Scotiabank Theatre. The experience is located in the lobby of the theatre and features 360-degree sound, room-scale virtual reality interaction and is powered by the HTC Vive virtual reality headset. “We are excited to be launching Canada’s first IMAX…

Samsung Pay partners with Scotiabank and ATB Financial, now supports Interac [Update]

After months of speculation, Samsung has formally announced that its Samsung Pay app is receiving expanded support in Canada. Not only has Samsung partnered with Scotiabank and Alberta-based ATB Financial, but customers can now load their Visa, MasterCard and American Express cards to the app. Additionally, Samsung Pay now fully supports Interac, meaning that customers…

New Apple devices will likely support Freedom’s Band 66 LTE, says Scotiabank analyst

In a letter to clients, Scotiabank’s telecommunications analyst Jeff Fan predicted that Apple’s forthcoming iPhone line would support the carrier’s Band 66 LTE network, thus significantly bolstering its base of potential customers. “On September 12, Apple is expected to introduce a trio of new iPhones that will support Freedom’s LTE network,” reads the report. “We…

Scotiabank donates $2 million to UBC for cybersecurity research

Scotiabank recently announced a $2 million donation to UBC to support the institution’s research in cybersecurity and financial risk. With this investment, the Scotiabank Cybersecurity and Risk Analytics Initiative will support educational resources including internships, speaker series, engagement activities and hackathons, to better understand the risk of cyberattacks posed to Canadian businesses.  Many recent reports…

RBC, Scotiabank lead Canadian banks for embracing FinTech innovation, says report

A recent report from research firm IDC has ranked RBC and Scotiabank as the top Canadian banks focused on embracing FinTech strategies and initiatives. IDC’s report assessed Canadian banks on a five-point scale to determine maturity and readiness of the banks when it comes to embracing FinTech, based on their public statements and actions. IDC…

Scotiabank teams up with Toronto AI startup DeepLearni.ng

Just days after updating the country on the status of its digital transformation strategy, Scotiabank has revealed a partnership with the Toronto-based AI startup DeepLearni.ng. When clients of Scotiabank miss a credit card payment, AI technology is beginning to shape how the bank will receive its payment, reports the Globe and Mail. Scotiabank and DeepLearni.ng completed…

Scotiabank to cut five percent of branches over two years in move to digital

Scotiabank continues its shift to digital with the company’s latest restructuring announcement. As part of this digital initiative, Scotiabank will cut five percent of its branches over the course of the next two years. The introduction of new digital technologies will aim to help the company reduce operating costs and increase profits. These changes are…

Scotiabank launches Sensibill digital receipt management platform

Scotiabank has launched Toronto-based Sensibill‘s receipt management platform to its customers. The eReceipts platform allows Scotiabank customers to store, organize, and retrieve paper and electronic receipts as an extension of the services offered through their mobile banking app and Wallet. “We believe that eReceipts is the next killer app for mobile banking. Receipts are cumbersome…