ATB Financial

Media Advisory: ATB Financial to release third quarter results

Retrieved on: 
Wednesday, February 15, 2023

EDMONTON, AB, Feb. 15, 2023 /CNW/ - ATB Financial will be releasing its third quarter financial results on February 16, 2023.

Key Points: 
  • EDMONTON, AB, Feb. 15, 2023 /CNW/ - ATB Financial will be releasing its third quarter financial results on February 16, 2023.
  • A news release with a hyperlink to the results will be distributed through this channel at that time.
  • Curtis Stange, ATB Financial's President & CEO will be available for media interviews relating to the results February 16, 2023 from 1:30 pm to 2:30 pm in 15-minute interval slots.
  • Please book your interview by emailing your preferred time to [email protected] .

Walnut Insurance Raises $4M to Power Embedded Insurance for Enterprise Brands and Accelerate Growth

Retrieved on: 
Wednesday, December 14, 2022

Walnut, a leader in embedded insurance , has broken down barriers that historically have prevented businesses from being able to build an insurance offering into their product.

Key Points: 
  • Walnut, a leader in embedded insurance , has broken down barriers that historically have prevented businesses from being able to build an insurance offering into their product.
  • Our seed raise is a testament to the continuing revolution inside the insurance industry, said Derek Szeto, Co-founder and CEO of Walnut Insurance.
  • Driven to create a holistic insurance offering, Walnut delivers embedded life, home and auto insurance journeys and access to leading health and wellness subscriptions.
  • Founded in 2020, Walnut is a Canadian and US insurtech that has built technology infrastructure to power embedded insurance for retailers, financial services, and consumer platforms.

AIR MILES Welcomes Neo Financial to the Program, Offering New Opportunity to Earn Miles

Retrieved on: 
Tuesday, December 6, 2022

TORONTO, Dec. 6, 2022 /CNW/ - The AIR MILES Reward Program (AIR MILES) is announcing today a new partnership agreement with Neo Financial (Neo), adding the Canadian-born company to its expanding roster of partners.

Key Points: 
  • TORONTO, Dec. 6, 2022 /CNW/ - The AIR MILES Reward Program (AIR MILES) is announcing today a new partnership agreement with Neo Financial (Neo), adding the Canadian-born company to its expanding roster of partners.
  • Neo Financial is a Canadian technology company that offers consumers tech-first financial tools to spend, save, invest, buy a home,and more.
  • The partnership between AIR MILES and Neo Financial opens a variety of opportunities for collectors to earn Mileson their money and create new value streams for collectors.
  • At launch, the first offer collectors can take advantage of is earning 1,000 Miles when closing a new or refinanced mortgage with Neo Financial.

Elevated inflation and interest rates continue to weigh on the economy: ATB Financial's forecast for Alberta's economy in 2023

Retrieved on: 
Wednesday, November 30, 2022

Inflation and interest rates continue to weigh on Alberta as it faces the same challenges as the rest of the world.

Key Points: 
  • Inflation and interest rates continue to weigh on Alberta as it faces the same challenges as the rest of the world.
  • ATB Financial's economic outlook for Alberta expects real GDP growth of 2.8% in 2023.
  • The Canadian headline inflation rate in October continues to be elevated at 6.9%, but down from the 8.1% peak reached in June 2022.
  • Overall, the forecast expects Alberta's unemployment rate to average 5.8% this year and remain around this level in 2023 and 2024.

ATB Investment Management Inc. announces the addition of Picton Mahoney Asset Management as Sub-advisor to certain Funds

Retrieved on: 
Wednesday, November 2, 2022

EDMONTON, Alberta, Nov. 02, 2022 (GLOBE NEWSWIRE) -- ATB Investment Management Inc. (ATBIM) today announced that, effective on November 1, 2022, Picton Mahoney Asset Management will be appointed as sub-advisor for Compass Conservative Balanced Portfolio, Compass Balanced Portfolio, Compass Balanced Growth Portfolio, Compass Growth Portfolio, Compass Maximum Growth Portfolio and ATBIS Canadian Equity Pool (collectively, the Funds).

Key Points: 
  • EDMONTON, Alberta, Nov. 02, 2022 (GLOBE NEWSWIRE) -- ATB Investment Management Inc. (ATBIM) today announced that, effective on November 1, 2022, Picton Mahoney Asset Management will be appointed as sub-advisor for Compass Conservative Balanced Portfolio, Compass Balanced Portfolio, Compass Balanced Growth Portfolio, Compass Growth Portfolio, Compass Maximum Growth Portfolio and ATBIS Canadian Equity Pool (collectively, the Funds).
  • There will be no changes to the investment objectives or strategies of the Funds.
  • About ATB Investment Management Inc.
    ATB Investment Management Inc. manages the Compass Portfolios and is the asset management division for ATB Wealth.
  • ATB Investment Management Inc., ATB Securities Inc. (Member, Investment Industry Regulatory Organization of Canada; Member, Canadian Investor Protection Fund) and ATB Insurance Advisors Inc. are wholly owned subsidiaries of ATB Financial and are licensed users of the trade name ATB Wealth.

Economic Headwinds Erode Canada Bank Customers’ Financial Health and Satisfaction, J.D. Power Finds

Retrieved on: 
Thursday, October 20, 2022

The worsening financial health was most prominent among bank customers age 40 and older.

Key Points: 
  • The worsening financial health was most prominent among bank customers age 40 and older.
  • According to the study, only 32% of customers feel their bank completely supports them in challenging times, the most influential key performance indicator (KPI) affecting satisfaction.
  • Customers are focused on mitigating the challenging economic conditions, and banks need to meet them where they arenot where the banks want them to be.
  • Power measures the financial health of any consumer as a metric combining their spending/savings ratio, credit worthiness and safety net items like insurance coverage.

ATB Backs Blackline Safety’s Transformative Tech

Retrieved on: 
Thursday, October 20, 2022

"We look forward to a long relationship with ATB as our new financial lender.

Key Points: 
  • "We look forward to a long relationship with ATB as our new financial lender.
  • Blackline Safety, an Alberta-based global company, has demonstrated a deep understanding of safety technology and an ability to further innovate in this space, said Darren Eurich, CEO ATB Capital Markets & Senior Vice President, Business, ATB Financial.
  • ATB is proud to support local businesses like Blackline Safety that are innovating critical technologies used across many industries.
  • With connected safety devices and predictive analytics, Blackline enables companies to drive towards zero safety incidents and improved operational performance.

Minister Wilkinson Delivers Nearly $3.4 Million for Solar in Strathmore, Alberta

Retrieved on: 
Tuesday, October 4, 2022

Today, the Honourable Jonathan Wilkinson, Canada's Minister of Natural Resources, announced nearly $3.4 million in support for Elemental Energy's East Strathmore Solar Project .

Key Points: 
  • Today, the Honourable Jonathan Wilkinson, Canada's Minister of Natural Resources, announced nearly $3.4 million in support for Elemental Energy's East Strathmore Solar Project .
  • This project will increase renewable energy capacity and grid services, while also delivering progress on emissions reductions in Alberta.
  • Today, I was pleased to join Elemental Energy in Strathmore Alberta to announce federal support for a 20-megawatt solar project.
  • "We are very excited to celebrate the completion of the East Strathmore Solar Project and to welcome Minister Wilkinson to the site today.

ATB Ventures® Launches Their Enterprise Software Platform, Oliu™, to Organisations Today, Accelerating the Adoption of Digital Identity

Retrieved on: 
Thursday, September 29, 2022

ATB Ventures announced today the launch of their suite of Digital Identity Products.

Key Points: 
  • ATB Ventures announced today the launch of their suite of Digital Identity Products.
  • In a climate of misconception of digital identity, consumers are demanding greater transparency and ownership over their personal data from the organisations they engage with.
  • "Building, implementing, and driving widespread adoption of a secure, digital ID solution at scale is complex and requires input from all participants.
  • ATB Ventures is the research and innovation arm of ATB Financial , of leading Alberta-based financial institution ATB Financial.

Need to make a will? ATB's got a hack for that

Retrieved on: 
Tuesday, September 27, 2022

CALGARY, AB, Sept. 27, 2022 /CNW/ - For many a will is an expensive and complicated process.

Key Points: 
  • CALGARY, AB, Sept. 27, 2022 /CNW/ - For many a will is an expensive and complicated process.
  • More than half of Canadians do not have a will which can lead to significant taxation and legal costs for loved ones.
  • Supporting Albertans through this process, ATB Financial has partnered with Willful to provide Albertans with a simple and straightforward way to create a will.
  • Willful is an online tool that walks users through the process of creating a will, one step at a time.