Canadian Imperial Bank of Commerce (CBIC) and Rogers Communications announced just yesterday an agreement to launch Canada’s first joint mobile payment solution. This solution will allow Canadians to pay with their CIBC credit card at the checkout counter using Rogers Near Field Communications (NFC) enabled smartphones. What does this mean? In the near future you

The Bank of Canada has announced that it will be keeping interest rates at its low levels, once again giving no hints as to when they will be begin to raise them. What this means it that the Bank of Canada will be maintaining its target for the overnight rate at 1%. This marks the

Aeroplan users will have to start saving more reward points starting this summer so they can cash in on free flights. Groupe Aeroplan, the program operator behind the popular Aeroplan card has announced that they will be increasing the required amount of point by an average of just under 5% starting July 15th. What do

It is official; the financial product of the year has been announced and the winner will come at no surprise to many people. What is Product of the Year? Product of the Year is a distinction award for consumer products that reward innovation, and Canada’s most discerning critics determine it. Product of the Year has

nuTravel Technology Solutions (nuTravel) and BMO Financial Group (BMO) have entered into a partnership agreement that will give corporate and travel management company clients access to a suite of products that brings together nuTravel’s online booking and expense management tools with BMO Financial Group’s & entertainment card payment solutions, which includes the Diner’s Club corporate

Capital One Canada and InterContinental Hotels Group (IHG) has announced that they have reached an agreement to bring a new choice in rewards cards to Canadian consumers. This deal marks IHG’s first and Capital One’s third co-branded credit card in Canada. This announcements is followed by Capital One Canada’s recent acquisition of the Hudson’s Bay