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Finance & Markets

STUDY: Income Growth Now Determines Affordability in Canada’s Rental Market, Not Rent Price or City Size

New report reveals that despite rent price declines, Canadian renters struggle to balance housing costs and other financial obligations TORONTO — Rent prices have eased for renters across Vancouver and Toronto, but new data shows that lower rental payments are not enough to alleviate the burden of rising financial obligations and employment concerns across all […]

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90% Link Fraud Infrastructure to Faster Customer Onboarding

Fraud prevention is no longer a cost center, and for many firms, has become an investment with a measurable return. “Payment Protection: Why Firms Still Aren’t Real-Time Ready,” a PYMNTS Intelligence report produced in collaboration with Plaid, finds that companies modernizing payments report lower fraud losses, fewer failed payments and…

Cross-Border Payments Bundle Local Rails to Tackle Market Fragmentation

Watch more: Need to Know With Sebastian Fantini of EBANX Payment fragmentation can slow cross-border expansion when each new market and each new method mean a new integration project. Bundling things up can simplify it all. The underlying transaction is familiar, like a software subscription, video gaming purchase or digital service.

Equities: Pressured by higher yields – Deutsche Bank

Deutsche Bank analysts highlight that the first Federal Reserve hike since 2023 and a more hawkish dot plot weighed on US equities. The S&P 500 fell to its lowest level since July, with blue-chip names and banks underperforming, although tech indices were more resilient.

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