EQ Bank

Canada’s EQ Bank Partners With Trulioo for Identity Document and Biometric Verification

Retrieved on: 
Thursday, February 15, 2024

EQ Bank chose Trulioo Identity Document Verification , Workflow Studio and Business Verification to streamline customer and business onboarding.

Key Points: 
  • EQ Bank chose Trulioo Identity Document Verification , Workflow Studio and Business Verification to streamline customer and business onboarding.
  • After a thorough market assessment, EQ Bank selected Trulioo Identity Document Verification to capture and verify an ID document and selfie when customers open accounts online – a critical exercise for a seamless digital banking experience.
  • EQ Bank leveraged Trulioo Workflow Studio – a no-code, drag-and-drop workflow builder – for fast, flexible Identity Document Verification integration.
  • We look forward to our ongoing collaboration as EQ Bank drives change in Canadian banking.”
    For more information about Trulioo, please visit trulioo.com .

Central 1 partners with Flinks to introduce open banking functionality to its credit union members and financial institution clients

Retrieved on: 
Wednesday, January 24, 2024

Through this partnership, Central 1 is taking an important step in enabling open banking opportunities and optionality in the credit union system.

Key Points: 
  • Through this partnership, Central 1 is taking an important step in enabling open banking opportunities and optionality in the credit union system.
  • “As we await an official open banking regime in Canada, Central 1’s partnership with Flinks will bring much of the open banking functionality our credit union and financial institution clients have been asking for and support optionality over the long term.
  • Flinks enables credit unions and financial institutions to accelerate and launch an open banking program today while ensuring it meets future regulations.
  • Through Central 1, the system will be able to take advantage of open banking functionalities now and be prepared for Canada’s federal framework.”
    The Central 1 and Flinks solution is expected to be available to Central 1’s credit union members and financial institution clients by mid-2024.

EQ Bank challenges Canadians to expect more of chequing accounts as "Second Chance" campaign launches

Retrieved on: 
Thursday, January 11, 2024

The survey also found that, despite widespread feelings of dissatisfaction, most young Canadians 18-34 still use their first-ever bank accounts.

Key Points: 
  • The survey also found that, despite widespread feelings of dissatisfaction, most young Canadians 18-34 still use their first-ever bank accounts.
  • To raise awareness of this common predicament, EQ Bank joined forces with Eugene and Dan Levy to give Canadians a "Second Chance" at these first accounts.
  • In a landscape where most banks offer little-to-no interest and charge fees on chequing accounts, Canadians' awareness of what they could be making on their chequing accounts is low.
  • "EQ Bank is waking Canadians up to better banking options," said Mahima Poddar, SVP and group head, personal banking, EQ Bank.

BSIMM14 Report: Application Security Automation Soars

Retrieved on: 
Tuesday, December 5, 2023

SUNNYVALE, Calif., Dec. 5, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today published BSIMM14, the latest edition of the annual Building Security In Maturity Model (BSIMM) report analyzing the software security practices across 130 organizations, including some of the most advanced companies in cloud, financial services, FinTech, ISV, insurance, IoT, healthcare, and technology industries. The report found that the use of automated security technology is growing rapidly, which in turn is propagating the "shift everywhere" philosophy – performing security tests throughout the entire software development life cycle – across more organizations.

Key Points: 
  • Synopsys Software Integrity Group report highlights how customers embracing automation are improving security processes throughout the software life cycle.
  • This year's findings revealed a clear trend of firms increasingly taking advantage of security automation to replace manual, subject matter expert–driven security activities to reduce cost and improve effectiveness.
  • Greater automation has enabled organizations to embrace the shift everywhere philosophy, with automated, event-driven security testing increasing by 200% over the last two years.
  • "Companies are seeing firsthand that eliminating human error with consolidated, integrated security tooling makes security programs more effective and affordable — a compelling combination.

EQ Bank Card launches in Québec as Carte Banque EQ

Retrieved on: 
Monday, November 20, 2023

Popular bank card gives customers the ability to earn, save, and spend their money

Key Points: 
  • Popular bank card gives customers the ability to earn, save, and spend their money
    TORONTO, Nov. 20, 2023 /PRNewswire/ - EQ Bank (Banque EQ in Québec) is offering Québec customers a new way to earn, save and spend their money, with the introduction of its popular EQ Bank Card1 (Carte Banque EQ).
  • EQ Bank Card customers are actively using it every day and across more than 140 countries (20% of total card transactions are international).
  • The EQ Bank Card rounds out that offering and we're confident that this is the card Québec customers will want in their wallet for day-to-day spending, cash access, or travel."
  • The EQ Bank Card offers several distinctive features for an everyday bank card:
    Free cash withdrawals from any ATM in the country.

HashiCorp customers improve cloud maturity to deliver business value

Retrieved on: 
Wednesday, October 11, 2023

More than 30 HashiCorp customers are joining the speaker lineup to share stories of how they improved their operational cloud maturity using the HashiCorp suite of products.

Key Points: 
  • More than 30 HashiCorp customers are joining the speaker lineup to share stories of how they improved their operational cloud maturity using the HashiCorp suite of products.
  • Improved operational cloud maturity enables platform teams to deliver technology and organizational best practices at scale across infrastructure, security, networking, and applications.
  • “We’re excited to welcome so many innovative organizations to the HashiConf stage this year to share their stories of building cloud maturity and realizing significant value with HashiCorp products,” said Susan St.
  • Infrastructure lifecycle management: Enterprises improve cloud maturity by automating their entire infrastructure lifecycle with HashiCorp Terraform, in combination with other HashiCorp products.

New HashiCorp Boundary offering delivers identity-driven, modern privileged access management

Retrieved on: 
Tuesday, June 13, 2023

These include a new addition for privileged access management (PAM), HashiCorp Boundary Enterprise, and a simplified secrets management SaaS offering, HashiCorp Cloud Platform (HCP) Vault Secrets.

Key Points: 
  • These include a new addition for privileged access management (PAM), HashiCorp Boundary Enterprise, and a simplified secrets management SaaS offering, HashiCorp Cloud Platform (HCP) Vault Secrets.
  • HashiCorp Boundary integrates identity-driven controls to enable secure user access across dynamic environments without exposing the network to users.
  • “HashiCorp Boundary has made it possible to operationalize our zero trust access strategy and improve our privileged access management,” said Andrew Vezina, CISO and VP at EQ Bank.
  • “With its powerful capabilities and least-privileged access model, HashiCorp Boundary has helped us eliminate manual, time-consuming privilege access management tasks and elevated our security posture to mitigate evolving threats.”
    Today’s announcements extend the current offering of HCP Boundary and include:
    HashiCorp Boundary Enterprise — a self-managed commercial offering of HashiCorp Boundary for secure remote user access.

Sḵwx̱wú7mesh language panel will underscore link between economic reconciliation and cultural revitalization

Retrieved on: 
Wednesday, April 12, 2023

This is the first time a business conference will feature a panel entirely in the Sḵwx̱wú7mesh Sníchim.

Key Points: 
  • This is the first time a business conference will feature a panel entirely in the Sḵwx̱wú7mesh Sníchim.
  • Perhaps it is not as well known that we have simultaneously been revitalizing our culture, including the Sḵwx̱wú7mesh language.
  • She is among a handful of Squamish Nation members from her generation that has worked to revitalize the Sḵwx̱wú7mesh language.
  • They will speak about the importance of the Nation’s community and history, their relationship with the land and each other, and how economic reconciliation goes hand-in-hand with language and cultural revitalization.

EQ Bank once again named best bank in Canada by Forbes

Retrieved on: 
Wednesday, April 12, 2023

TORONTO, April 12, 2023 /PRNewswire/ - EQ Bank has been named the best bank in Canada on the Forbes 2023 list of the World's Best Banks .

Key Points: 
  • TORONTO, April 12, 2023 /PRNewswire/ - EQ Bank has been named the best bank in Canada on the Forbes 2023 list of the World's Best Banks .
  • This is the third year in a row that EQ Bank has been awarded best bank in Canada.
  • EQ Bank is powered by Equitable Bank, Canada's Challenger Bank™ and the country's 7th largest bank by assets.
  • Being rated the best bank in Canada three years in a row validates that we're on the right track."

New EQ Bank Card gives customers the ability to save, earn, and spend their money

Retrieved on: 
Wednesday, January 11, 2023

TORONTO, Jan. 11, 2023 /PRNewswire/ - EQ Bank, powered by Equitable Bank, Canada's Challenger Bank™, has partnered with Mastercard to launch the EQ Bank Card*.

Key Points: 
  • TORONTO, Jan. 11, 2023 /PRNewswire/ - EQ Bank, powered by Equitable Bank, Canada's Challenger Bank™, has partnered with Mastercard to launch the EQ Bank Card*.
  • With the EQ Bank Card, customers load and spend their own money while earning 2.5%∞ interest right up until they spend and 0.5% cash** back on every purchase, online or in-store.
  • The EQ Bank Card does not charge any foreign currency conversion fees; customers only pay Mastercard's competitive foreign exchange rate while travelling outside of Canada.
  • To get the new EQ Bank Card, new customers can sign up to EQ Bank in a matter of minutes and open a Savings Plus Account.