Scotiabank - News, Articles & Research

Google Cloud wins major FS deals

Google Cloud has used its annual Las Vegas event to unveil details of deals with big name financial services firms Citadel, Discover and Scotiabank.

09 April 2024

Company announcement/payments

Scotiabank's new digital payments platform provides real-time services and cash management APIs

Scotiabank has announced the launch of Scotia TranXactTM – a digital payments platform that provides business banking clients with on-demand access to Scotiabank's payments and cash management Application Programming Interfaces (APIs).

15 August 2022

News/regulation

Canadian banks team on KYC solution

Some of Canada's biggest banks are joining forces with market and infrastructure services provider CanDeal to set up a centralised KYC offering for the capital markets industry.

27 June 2022

Company announcement/sustainable

Six of Canada's largest banks join United-Nations-convened Net-Zero Banking Alliance

Today, ahead of the United Nations Climate Change Conference (COP26) in Glasgow, six of Canada's largest banks – BMO, CIBC, National Bank of Canada, RBC, Scotiabank, and TD – together announced their pledge to join the Net-Zero Banking Alliance (NZBA) as part of a global, industry-led initiative to accelerate and support efforts to address climate change.

18 October 2021

News/cloud

Scotiabank taps Google Cloud for more personalised services

Scotiabank is moving customer data onto Google Cloud and tapping the firm's data analytics and AI technology in a move the Canadian bank hopes will lead to more personalised and predictive services.

01 October 2021

Company announcement/markets

Scotiabank rolls out multi-asset suite of electronic trading tools

Scotiabank today introduced ScotiaRED – a series of state-of-the-art electronic trading tools, to deliver high-quality execution to Equities, Fixed Income, and FX clients that includes the use of advanced analytics such as artificial intelligence.

27 September 2021

Company announcement/retail

Scotiabank adds news enhancements to mobile app

Scotiabank today announces new enhancements to its mobile app that simplify and strengthen the digital customer experience.

31 August 2021

News/people

Scotiabank on hunt for 100 tech workers in Ottawa and Vancouver

Scotiabank is looking to recruit 100 digital and technology workers over the next month to staff up new regional hubs in Ottawa and Vancouver.

18 August 2021

News/payments

Scotiabank converts credit card repayments into BNPL instalment plans

Canada's Scotiabank is converting credit card repayments into buy now, pay later plans, with the option to pay off debt in three, six or 12-month fixed instalment payments.

10 August 2021

News/retail

Scotiabank brings machine learning to chatbot

Scotiabank is bringing machine learning to its search function, prepping a chatbot that will be able to instantly answer complicated customer questions.

21 June 2021

Company announcement/retail

Scotiabank applies AI and Big Data to better understand customer needs

Scotiabank today announces C.MEE, a new technology that leverages big data and artificial intelligence (AI) to enable even better customer experiences (CX) with the Bank.

18 February 2021

Company announcement/sustainable

Scotiabank commits $1 million to net zero research fund

As part of its continued efforts to combat climate change, Scotiabank has established a Net Zero Research Fund to initiate partnerships with leading think tanks and academic institutions that are supporting key sectors in their efforts to decarbonize.

10 February 2021

News/retail

Scotiabank taps machine learning to help clients during pandemic

Scotiabank says that its investment in machine learning is paying off during the Covid-19 pandemic, enabling it to help clients navigate uncertain and challenging times.

11 January 2021

Company announcement/payments

Scotiabank introduces real-time payments through Interac e-Transfer for Business

Scotiabank is the 1st financial institution in Canada to offer real-time payments for all business banking customers using flexible routing options like an account number or email address, using Interac e-Transfer® for Business.

09 December 2020

Company announcement

Scotiabank unveils global AI platform

Scotiabank today announced the use of a new Global AI Platform that provides customers with intelligent and personalized financial advice.

20 November 2020

News/retail

Big banks back Canadian launch of Financial Data Exchange

Canada's big five banks are among 31 organisations onboard for the launch of Financial Data Exchange (FDX) in the country, vowing to work together to promote Open Banking through the development of a secure, common, interoperable, flexible and royalty-free industry standard for financial data sharing.

30 July 2020

Company announcement/retail

Scotiabank unveils digital banking information hub for older customers

Today, Scotiabank launches a new information hub for seniors called Bank Your Way, a tool to guide customers through all the possibilities of digital banking.

02 June 2020

News/retail

Covid-19: Canadian banks close some branches, cut hours at others

Canada's six biggest banks are closing some branches and reducing operating hours at others in an effort to promote social distancing and control the spread of Covid-19.

19 March 2020

Company announcement/startups

Scotiabank partners with C100 and MaRS to grow the Canadian entrepreneurial ecosystem

Scotiabank, a leading bank in the Americas, has partnered with C100, the global community of Canadians in tech, and MaRS, North America's largest urban innovation hub, to support the growth of the Canadian entrepreneurial ecosystem.

16 March 2020

News/security

Scotiabank gears up for the quantum computing age

As the quantum computing revolution gathers pace, Scotiabank in Canada has begun to explore the migration to encryption methods that can keep out the hackers of the future.

10 February 2020