Canada’s Scotiabank has a new CEO for its global banking and markets (GBM) business. Travis Machen, who joins the bank from Morgan Stanley, is set to take on his new position on May 6, Scotiabank announced in a Monday (April 29) news release. “In this role, Mr. Machen will...
Canada’s Scotiabank has debuted a new digital payments platform for business banking clients, which it has titled Scotia TranXactTM, a press release said. This will give the business banking clients real-time payments, request-to-pay and account information services through APIs. Scotia TranXactTM will reportedly integrate directly...
Scotiabank is introducing a new product, Scotia SelectPay, that gives customers the power to turn their credit card balances into preset monthly installments. Headquartered in Toronto, Canada, the legacy banking institution is offering its Visa credit card users the ability to extend payments over time...
“Consumers want flexibility in terms of how they want to pay,” Visa Canada Vice President and Head of Product and Digital Brian Weiner told Karen Webster. “They don’t want to take on more debt, and they want to have flexibility in how they manage their...
June 25, 2021
“Consumers want flexibility in terms of how they want to pay,” Visa Canada Vice President and Head of Product and Digital Brian Weiner told Karen Webster. “They don’t want to take on more debt, and they want to have flexibility in how they manage their cash flow.” The conversation followed the news this week that […]
August 12, 2024
Canadian bank Scotiabank plans to acquire a 14.9% stake in Cleveland-based KeyCorp, which operates about 1,000 KeyBank branches in 15 U.S. states and provides corporate and investment banking products. Pending regulatory approval, Scotiabank expects to close the initial investment of 4.9% in the fourth quarter of fiscal 2024 and an additional investment of 10% in […]
April 30, 2024
Canada’s Scotiabank has a new CEO for its global banking and markets (GBM) business. Travis Machen, who joins the bank from Morgan Stanley, is set to take on his new position on May...
August 09, 2022
Canada’s Scotiabank has debuted a new digital payments platform for business banking clients, which it has titled Scotia TranXactTM, a press release said. This will give the business banking clients...
August 04, 2021
Scotiabank is introducing a new product, Scotia SelectPay, that gives customers the power to turn their credit card balances into preset monthly installments. Headquartered in Toronto, Canada, the legacy banking...
