Canadian Banker articles from November 1999

Canadian Banker archives from November 1999

Banking's hidden past.(history of Canada's banking industry)(Statistical Data Included)
November 1, 1999... A century ago, Canadian banking was undergoing tumultuous changes that laid the groundwork for the financial system we know today - and the troubled relationship between banks and the Canadian public. 'The banks trust the people, the people...

Banking's fast-paced future.(the possible future of banking)
November 1, 1999... Already racing to keep up with evolving technology and global economic forces, the Canadian banking industry will change even faster over the next decade or two, providing consumers with unprecedented choice and access to the worldwide...

Planning for success.(Laurentian Bank of Canada's Jean-Francois Leveille)(Brief Article)(Statistical Data Included)
November 1, 1999... This banker doesn't believe in leaving the development of his career up to chance. To describe Jean-Francois Leveille as methodical would be an understatement. At age 30, Leveille, a senior product manager at Laurentian Bank of Canada,...

Debit card sharks.(rise in debt card fraud anticipated)(Statistical Data Included)
November 1, 1999... Canadians love to use their debit cards. That means criminals love them too - so much that debit-card fraud is being called the crime of the new millennium. Paloma DeSantis (not her real name) was on her way home after a gruelling 12-hour...

A millennium ahead of its time.
November 1, 1999... Technically, of course, the new century and millennium won't arrive for another year, until Jan. 1, 2001, just as the first century and millennium A.D. didn't start, presumably, until the beginning of year 1. But most people are paying...

The entrepreneurial spirit soars in aboriginal Canada.(training courses for Native Canadians)(Statistical Data Included)
November 1, 1999... Fran Hunt-Jinnouchi is one of about a dozen British Columbians who have been trained to facilitate a new business educational course for aboriginal youth and entrepreneurs launched by the Canadian Bankers Association last year. So far, she...

ICB/Dalhousie MBA program graduates its first class.(Institute of Canadian Bankers, Dalhousie University)(Brief Article)(Statistical Data Included)
November 1, 1999... The first 68 graduates of the MBA (Financial Services) program operated jointly by Dalhousie University and the Institute of Canadian Bankers took part in the university's fall convocation in October. The innovative program, which combines...

TD a partner in financial agency on native reserve.(TD Bank partners with Wagmatcook Band Council to offer bank services to natives)(Brief Article)
November 1, 1999... An agreement between TD Bank and a Mi'kmaq band on Nova Scotia's Cape Breton Island is enabling residents on the Wagmatcook reserve to conduct their personal banking without leaving the community. The Wagmatcook Financial Agency, the first...

CPA to be CA in PKI initiative with IBM.(Canadian Payments Association, Certification Authority, public key infrastructure)(Brief Article)
November 1, 1999... Canadians' access to secure and efficient payments via the Internet will be enhanced as a result of a major initiative now under development by the Canadian Payments Association. The CPA has signed an agreement with IBM Canada to establish...

CDIC's 'opting-out' rules now in effect.(Canada Deposit Insurance Corp. bylaws)(Brief Article)(Statistical Data Included)
November 1, 1999... "Opting-out" by-laws made by Canada Deposit Insurance Corp. (cdic) came into force Oct. 15. Coupled with amendments to the Bank Act, the Canada Deposit Insurance Corporation Act and the Canadian Payments Association Act that came into...

Industry applauds Ottawa's e-commerce proposals.(Brief Article)
November 1, 1999... Industry groups including the Canadian Bankers Association have applauded federal Industry Minister John Manley's announcement of the Principles of Consumer Protection for Electronic Commerce. The CBA was a partner in the development of the...

Desjardins, CUCC form alliance.
November 1, 1999... Described as the first agreement of its kind in the 99-year history of the Mouvement Desjardins and the 46-year history of Credit Union Central of Canada, the two organizations have announced an alliance under which they will distribute each...

Book about derivatives.(Brief Article)
November 1, 1999... Written by securities experts Robert Jarrow and Stuart Turnbull and published by Thomson Learning, Derivative Securities: The Complete Investor's Guide covers the world of derivatives with an emphasis on the investor techniques used to maximize...

Who's leading EBP?
November 1, 1999... Although banks might appear the logical choice to provide consolidated electronic bill presentment services, thus far it's the billers themselves and a few Internet portals that lead the way in offering EBP to consumers, according to Meridien...

Personal-finance software.(from Intuit Canada)(Brief Article)
November 1, 1999... Intuit Canada has released the Quicken 2000 family of products, including Quicken Suite 2000, said to be Canada's first and only personal-finance software solution. The company says its on-line partnerships now allow more than 90% of Canadians...

e-scotia.com.
November 1, 1999... According to Scotiabank, the initial focus of its new subsidiary, e- Scotia.com, is to offer e-commerce products and services to companies to secure their business on the Internet. Entrust Technologies will be supplying e-Scotia.com with PKI...

ICs for smart cards.
November 1, 1999... What's described as the industry's first family of powerful, high- security, dual-interface controller ICs designed for multi-application, contactless smart cards has been introduced by Philips Semiconductors. The mifare prox family supports...

CIBC implements portal.
November 1, 1999... CIBC has chosen Viador Inc. to provide a Web-based solution to enable its commercial bank to access and leverage key business information regardless of where the user or information resides. So far, the bank has deployed the technology to 800...

How popular is Web banking?
November 1, 1999... On-line banking has grown very fast, but measuring that growth is a tricky business. A little more than two years ago, I did a phone survey of Canada's banks to find out the extent of Internet banking. Those were the early days, when most...

The family budget.(Brief Article)(Statistical Data Included)
November 1, 1999... Canadian households spent virtually the same amount - an average of $50,000 - in 1997 (the latest year for which Statistics Canada's figures are available) as they'd done in 1996, but there were substantial percentage increases and declines in...

What will you be doing this New Year's Eve?(year 2000 transition and Canadian banking)(Industry Overview)(Statistical Data Included)
November 1, 1999... Some Canadian bankers will be greeting the new millennium at the office - just making sure that everything runs smoothly as the industry's computer systems switch over from 1999 to 2000. IF the transition from 1999 to 2000 goes according to...