Simplii Financial

Simplii Financial taps performer Diljit Dosanjh as new brand ambassador

Retrieved on: 
Thursday, February 15, 2024
Love, Culture, Simplii Financial, Music, Hope, Spotify, Optimism, Partnership

TORONTO, Feb. 15, 2024 /CNW/ - Simplii Financial today announced a new ambassador agreement with music and film star, Diljit Dosanjh .

Key Points: 
  • TORONTO, Feb. 15, 2024 /CNW/ - Simplii Financial today announced a new ambassador agreement with music and film star, Diljit Dosanjh .
  • Dosanjh has become a global phenomenon—a singer, actor and producer credited with some of the highest-grossing Punjabi films of all time.
  • It's one that many new Canadians can relate to," says Kam Dhadwar, Managing Director, Simplii Financial.
  • The partnership with Dosanjh is a first for Simplii Financial and one that puts it on the path to establish itself as the digital bank for newcomers and international students.

As Valentine's Day Approaches, Four in Ten Canadians Say Money is a Major Cause of Stress in their Relationship

Retrieved on: 
Monday, February 12, 2024
Valentine, News, Love, Wine, Trust, Bird, Ageing, Simplii Financial, Communication, Partnership

Four in ten Canadians (38 per cent) say that money is a major cause of stress in their relationship, a feeling that is particularly pronounced amongst young love birds aged 18 to 34 (46 per cent).

Key Points: 
  • Four in ten Canadians (38 per cent) say that money is a major cause of stress in their relationship, a feeling that is particularly pronounced amongst young love birds aged 18 to 34 (46 per cent).
  • Nearly one in three (32 per cent) Canadians in this age group have broken up with a partner over money.
  • "While money can't buy love, personal finances can make or break a romantic relationship," said Jimmy Dinh, Managing Director, Simplii Financial.
  • Only half of Canadians in a relationship (50 per cent) talk money with their partner on a weekly basis.

Younger Canadians gave themselves the lowest grades for managing their finances in 2023

Retrieved on: 
Wednesday, January 31, 2024
Global Industry Classification Standard, Head, Language, Ageing, ETF, Simplii Financial, Education, Probability, Insurance, Data collection, Bank

TORONTO, Jan. 31, 2024 /CNW/ - A new Simplii Financial poll reveals that while most Canadians gave themselves excellent grades on managing their finances in 2023, younger Canadians assigned themselves the lowest grades and were most likely to admit they need more help.

Key Points: 
  • TORONTO, Jan. 31, 2024 /CNW/ - A new Simplii Financial poll reveals that while most Canadians gave themselves excellent grades on managing their finances in 2023, younger Canadians assigned themselves the lowest grades and were most likely to admit they need more help.
  • "Increases in the cost of living and high interest rates had a real impact on younger Canadians over the last year," said Bob Cancelli, Managing Director and Head, CIBC Direct Financial Services and Simplii Financial.
  • The start of a new year is a great time to assess financial goals for both the short and longer-term.
  • 1502 randomly selected adult Canadians who are Maru Voice Canada online panelists were surveyed from November 2 to November 3, 2023.

Banks in Canada Support International Relief Efforts in Morocco and Libya

Retrieved on: 
Wednesday, September 13, 2023
Simplii Financial, Flood, Canadian Red Cross, Wildfire, Canadian Bankers Association, CIBC, Weather, Pharmaceutical industry, Atlantic Canada

CIBC and Simplii Financial will be donating to the CIBC Foundation's Morocco Earthquake Relief Fund to provide help for those impacted.

Key Points: 
  • CIBC and Simplii Financial will be donating to the CIBC Foundation's Morocco Earthquake Relief Fund to provide help for those impacted.
  • Canadians who wish to donate can contribute to the Canadian Red Cross' Morocco Earthquake Appeal and Libya Floods Appeal online at redcross.ca , by calling 1-800-418-1111, or at any branch or online where available from the banks listed below from September 13 to October 4, 2023.
  • Banks in Canada have long supported humanitarian and emergency relief appeals in Canada and internationally to help those affected by extreme weather, natural catastrophes, health crises and conflicts including most recently in response to wildfires in Alberta , Nova Scotia and Atlantic Canada and Northwest Territories and British Columbia .
  • "Canada's banks understand the desperate need for help in Morocco and Libya.

Banks in Canada Offer Support and Assistance to Canadians Affected by Fires in Northwest Territories and British Columbia

Retrieved on: 
Tuesday, August 22, 2023
Simplii Financial, Emergency, Canadian Red Cross, Wildfire, HSBC Bank Canada, Atlantic Canada, Fire, Organization, Disaster, Canadian Bankers Association, CIBC, Weather, Pharmaceutical industry

HSBC Bank Canada also contributes to the Canadian Red Cross' Emergency Management Program to build resilience and enable the rapid response to disasters and emergencies such as the fires impacting communities in the Northwest Territories and British Columbia.

Key Points: 
  • HSBC Bank Canada also contributes to the Canadian Red Cross' Emergency Management Program to build resilience and enable the rapid response to disasters and emergencies such as the fires impacting communities in the Northwest Territories and British Columbia.
  • Canadians who wish to donate can contribute to the Canadian Red Cross' Northwest Territories Fires Appeal and British Columbia Fires Appeal .
  • Donations may also support communities assisting those impacted, as well as preparedness and risk reduction for future all-hazard disaster events in Northwest Territories and the region, and British Columbia.
  • Canadians in the affected areas who need help with their finances are encouraged to contact their bank for assistance.

Newcomers highlight opportunities for Canadian banking in new Simplii poll

Retrieved on: 
Thursday, July 6, 2023
Transfer, Simplii Financial, OVO, Partnership, Credit card, Visa Debit, WeChat Pay, PayPal, Sago, M-Pesa, Gojek, MoneyGram, Cryptocurrency, Nursing, Venmo, Mobile payment, Alipay

More than half (57 per cent) of respondents say financial institutions could do more to cater to newcomers, and even more say they found applying for a Canadian bank account confusing (61 per cent).

Key Points: 
  • More than half (57 per cent) of respondents say financial institutions could do more to cater to newcomers, and even more say they found applying for a Canadian bank account confusing (61 per cent).
  • "It's this focus combined with our no-fee offering that's driving Simplii to become the bank of choice for newcomers."
  • "With more than 460,000 new immigrants entering the country each year, and more than 500,000 international students attending our educational institutions, attracting newcomers is vital for Canadian banks," said Barry Choi, a Canadian personal finance expert.
  • The results are based on unweighted data from a randomly selected Newcomer population from a National sample outgo (balanced to Gen Pop).

Simplii Financial launches bold new branding to help clients Bank on the Now

Retrieved on: 
Thursday, June 15, 2023
Simplii Financial, CIBC, Growth, Optimism, Oxford Global Islamic Branding and Marketing Forum, SVP, Canadian Bank Note Company, Digital, Head, Marketing, Sales

TORONTO, June 15, 2023 /CNW/ - Simplii Financial today unveiled a new brand perspective and modern look with the goal of helping Canadians Bank on the Now.

Key Points: 
  • TORONTO, June 15, 2023 /CNW/ - Simplii Financial today unveiled a new brand perspective and modern look with the goal of helping Canadians Bank on the Now.
  • The refresh is part of a multi-year initiative to build on the bank's ambition to be a leader in direct banking.
  • "Since our inception, Simplii has challenged the conventional belief that a better future means compromises in the present," said Tammy Sadinsky, SVP, Brand and Marketing, CIBC.
  • "Simplii consistently tops the list of most recommended banks in Canada, and we know this new approach is already resonating with clients," said Exshaw.

Banks in Canada Support Canadians Affected by Alberta Fires

Retrieved on: 
Friday, May 12, 2023
BMO, RBC, Simplii Financial, Canadian Red Cross, TD, HSBC Bank Canada, Fire, Organization, CIBC, Toronto-Dominion Bank

BMO, RBC and TD Bank Group will also be making additional donations to organizations supporting recovery efforts in Alberta.

Key Points: 
  • BMO, RBC and TD Bank Group will also be making additional donations to organizations supporting recovery efforts in Alberta.
  • CIBC and Simplii Financial will be making a donation to the CIBC Foundation Alberta Emergency Relief Fund, providing short and long-term relief to local organizations affected by the fires.
  • HSBC Bank Canada also contributes to the Canadian Red Cross' "Emergency Management Program" to build resilience and enable the quick response to natural disasters like the Alberta fires.
  • Support for the Program funds efforts to build disaster response volunteer teams, pre-position supplies and support emergency systems.

CIBC and Simplii Financial launch real-time payments to the world's most popular mobile payment platform

Retrieved on: 
Thursday, March 2, 2023
Transfer, CIBC, Friends, Citibank, Simplii Financial, Cryptocurrency, Tutoring, Alipay

TORONTO, March 2, 2023 /CNW/ - CIBC and Simplii Financial today announced a major enhancement to the Global Money Transfer platform, through a collaboration with Citibank and Alipay.

Key Points: 
  • TORONTO, March 2, 2023 /CNW/ - CIBC and Simplii Financial today announced a major enhancement to the Global Money Transfer platform, through a collaboration with Citibank and Alipay.
  • Clients can now make transfers directly from their Simplii or CIBC bank accounts to any of the 1.3 billion Alipay mobile wallets with no transfer fees, in real time.
  • It's the latest development from CIBC's Direct Financial Services business which is building a unique set of digital-first solutions for CIBC clients, as well as direct banking clients at Simplii.
  • "Together, Simplii and CIBC are breaking down the barriers that can make remittances a costly waiting game."

"BAGS 2 RICHES" FINDS INSPIRATION IN THE STORIES OF CANADA'S MOST SUCCESSFUL NEWCOMERS

Retrieved on: 
Thursday, January 19, 2023
Karma, NBA, Poverty, Head, Life, Simplii Financial, Toronto Raptors, Entertainment

Produced by The Good Karma Company and made possible by Simplii Financial, the series spotlights the personal and professional journeys of some of our nation's most notable newcomers.

Key Points: 
  • Produced by The Good Karma Company and made possible by Simplii Financial, the series spotlights the personal and professional journeys of some of our nation's most notable newcomers.
  • "I want to thank Simplii Financial for recognizing the importance of telling these stories and shining a light on the power of the Canadian mosaic."
  • The focal point is not only how they're enriching themselves, but also those around them in their new home.
  • "We believe in giving newcomers the best start possible when it comes to their finances," says Vineet Malhotra, Managing Director and Head, Simplii Financial.