Canada's Scotiabank has fleshed out its "digital transformation" plan, predicting that its massive outlay on new technology will lead to big efficiency improvements.
Scotiabank has opened a 70,000 square foot Digital Factory in downtown Toronto which will house 350 digital, design, engineering and agile experts working to improve customer experiences.
As part of its growing leadership in the digital economy, today Scotiabank announced a three-year sponsorship of NextAI to support Canadian youth and entrepreneurship in the growing field of artificial intelligence (AI).
Scotiabank (TSX: BNS) (NYSE: BNS) announced today the appointment of five Digital Banking leaders who will drive the Bank's digital strategy in its key markets of Canada, Mexico, Peru, Chile and Colombia.
Scotiabank and QED Investors are collaborating on an initiative to inject capital and industry expertise into select Latin American fintech companies.
Scotiabank proudly opened the doors of a new Scotiabank Solutions branch at 1 Victoria Street in Kitchener today.
A dozen member banks of the R3 distributed ledger consortium have been trialling Ripple's network and native currency to tackle the costs and inefficiencies of interbank cross-border payments.
Working under the R3 banner, a gang of eight banks have successfully tested a distributed ledger prototype for bond transactions using Intel technology.
A new gift from Scotiabank will help the University of Toronto’s Rotman School of Management continue to produce the leading management talent that companies in Canada and the world need to operate successfully in the digital economy.
In response to changes by the Federal Government which allow for online authentication of identity, Scotiabank (TSX: BNS) (NYSE: BNS) is pleased to offer customers the ability to open a chequing or savings account online in less than five minutes.
© Finextra Research 2017