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TD Canada Trust is a commercial banking operation of the Toronto-Dominion Bank (TD) in Canada. TD Canada Trust offers a range of financial services and products to more than 10 million Canadian customers through more than 1,100 branches and 2,600 ATMs.
Royal Bank of Canada is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 16 million clients and has 86,000+ employees worldwide. Founded in 1864 in Halifax, Nova Scotia, it maintains a corporate headquarters in Toronto and its head office in Montreal. RBC's institution number is 003. In November 2017, RBC was added to the Financial Stability Board's list of global systemically important banks.
Interac is a Canadian interbank network that links financial institutions and other enterprises for the purpose of exchanging electronic financial transactions. Interac serves as the Canadian debit card system and the predominant funds transfer network via its e-Transfer service. There are over 59,000 automated teller machines that can be accessed through the Interac network in Canada, and over 450,000 merchant locations accepting Interac debit payments.
Online banking, also known as internet banking, web banking or home banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website. The online banking system will typically connect to or be part of the core banking system operated by a bank to provide customers access to banking services in place of traditional branch banking. Online banking significantly reduces the banks' operating cost by reducing reliance on a branch network, and offers greater convenience to customers in time saving in coming to a branch and the convenience of being able to perform banking transactions even when branches are closed. Internet banking provides personal and corporate banking services offering features such as viewing account balances, obtaining statements, checking recent transactions, transferring money between accounts, and making payments.
Security First Network Bank (SFNB) was the first pure Internet bank in the United States. It had no physical branch bank offices and could only be accessed online. It was founded in Pineville, Kentucky, in October 1995 by James (Chip) S. Mahan III. Several months later, the bank relocated to Atlanta, Georgia.
Visa Debit is a major brand of debit card issued by Visa in many countries around the world. Numerous banks and financial institutions issue Visa Debit cards to their customers for access to their bank accounts. In many countries the Visa Debit functionality is often incorporated on the same plastic card that allows access to ATM and any domestic networks like EFTPOS or Interac.
Ally Financial is a bank holding company organized in Delaware and headquartered in Detroit, Michigan. The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and an electronic trading platform to trade financial assets.
RBC Bank is the trading name of RBC Bank (Georgia), N.A., the United States-based retail banking division of the Royal Bank of Canada (RBC) which is targeted toward Canadian snowbirds, expatriates, and frequent tourists. Despite its limited reach, RBC Bank is a federally chartered bank, thus its trading name bears "N.A." letters.
HSBC Bank Australia Limited is the Australian subsidiary of HSBC. The bank offers a wide range of financial services in Australia through a network of 36 branches and offices. These services include retail and commercial banking, financial planning, trade finance, treasury and financial markets, payments and cash management and securities custody.
Interac e-Transfer is a funds transfer service between personal and business accounts at participating Canadian banks and other financial institutions, offered through Interac Corporation.
Banking in Canada is one of Canada's most important industries with several banks being among its largest and most profitable companies.
RBC Capital Markets is a global investment bank providing services in banking, finance and capital markets to corporations, institutional investors, asset managers and governments globally. Locations span 70 offices in 15 countries across North America, the UK, Europe and the Asia-Pacific region. Employment estimates for RBC professionals are roughly 7,800 per company reports. Services provided include insights required to raise capital, access markets, mitigate risk and acquire or dispose of assets for clients worldwide.
Van Lanschot Kempen N.V. is a specialised, independent wealth manager that provides private banking, asset management and merchant banking services to wealthy individuals and institutions. It is headquartered in 's-Hertogenbosch, the Netherlands. It operates under the brand names Van Lanschot Kempen, Van Lanschot, Evi, and Kempen. With a history dating back to 1737, it is the oldest independent bank in the Netherlands and the Benelux and one of the oldest independent banks in the world.
Robinhood Markets, Inc. is an American financial services company headquartered in Menlo Park, California, known for pioneering commission-free trades of stocks and exchange-traded funds via a mobile app introduced in March 2015. Robinhood is a FINRA-regulated broker-dealer, registered with the U.S. Securities and Exchange Commission, and is a member of the Securities Investor Protection Corporation. The company's revenue comes from three main sources: interest earned on customers' cash balances, selling order information to high-frequency traders and margin lending. As of 2021, Robinhood has 31 million users.
David I. "Dave" McKay is a Canadian banking executive. He is the president and CEO of the Royal Bank of Canada (RBC), one of Canada's largest banks and one of the largest banks in the world by market capitalization. He is both a member and a Board of Director at the Business Council of Canada, and serves on the Catalyst Canada Advisory Board. He is the chair of the Business/Higher Education Roundtable.
Swissquote Group Holding SA is a Swiss banking group specialising in the provision of online financial and trading services. The Group's shares have been listed on the SIX Swiss Exchange under the ticker symbol “SQN” since 29 May 2000. The Group's headquarters are located in Gland, Switzerland. The company also has offices in Zurich, Bern, London, Dubai, Hong Kong, Malta, Singapore and Luxembourg. The Group has 722 employees.
Trustly Group is a Swedish fintech company founded in 2008. Trustly is an open banking payment method that allows customers to shop and pay from their online bank account, without the use of a card or app. Its account-to-account network supports 6,300 banks, reaching 525 million consumers and bypassing the card networks.
Wealthsimple Inc. is a Canadian online investment management service focused on millennials. The firm was founded in September 2014 by Michael Katchen and is based in Toronto. As of February 19, 2021, the firm holds over C$8.4 billion in assets under management. It is primarily owned by Power Corporation indirectly at 70.1% through investments made through their holdings in Power Financial, IGM Financial and Portag3.
Good Money is a digital online banking platform, often called a neobank, founded by Gunnar Lovelace. Good Money directs 50% of its profits toward environmental and social justice initiatives through impact investments and charitable donations. As a digital platform, Good Money takes no ATM or overdraft fees. The platform’s customers vote on where Good Money will invest profits, but their options only include sustainable investments. It is based in San Francisco.
Janice Fukakusa is a Canadian businesswomen and executive. She served as Chief financial officer and Chief administrative officer of the Royal Bank of Canada. Following her retirement from the bank in 2017 after the 31-year career, she joined 15 corporate, non-profit and government boards. She was notably part of the Canada Infrastructure Bank's board of directors as the founding chairperson, a position she held from 2017 to 2020.
References
- ↑ "Outages at online trading platforms prompt calls for better fintech". finance.yahoo.com. Retrieved 2021-07-30.
- ↑ "Some of Canada's major banks experiencing online banking outages | News". dailyhive.com. Retrieved 2021-07-30.
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