Finance

Oct 20, 2020
Bank Shot: Canada may be a laggard, but these B.C. fintechs are ready for open banking
Michael McCullough

If you’re like me, you have a small pile of change on your dresser or bedside table. It’s been making the rounds of your pants and jacket pockets for months. As the COVID-19 pandemic has mandated a shift to contactless payment—the tap of a credit card or scan of a...

Oct 15, 2020
BCers like the idea of digital ID for government services, but only with increased security: report
By the Editors

The COVID-19 pandemic has prompted British Columbians to favour putting more services online, according to a recent survey. The poll, released by Canadian financial services firm Interac Corp. in partnership with the Canadian branch of American PR giant Hill+Knowlton Strategies, found that...

Oct 2, 2020
B.C. crypto exchange volunteers to be regulated, setting precedent
Michael McCullough

Cryptocurrency’s days as a haven for scoundrels may be numbered. This week the parent company of Vancouver-based online exchange Netcoins, BIGG Digital Assets, applied for registration from the B.C. Securities Commission—an invitation for government oversight of the sector, which has hitherto been tainted by get-rich-quick schemes, fraud and money laundering. “It’s fairly...

Sep 1, 2020
Two Vancouver fintech companies named to global list of fastest-growing startups
By the Editors

The third Fintech 250 list is out, and two local companies have reason to celebrate. Global identification service Trulioo and payment platform Instant Financial, both based in Vancouver, are the only B.C. names to make the grade. The annual list, put together by...

Aug 13, 2020
Room to Move at G&F Financial Group
Jessica Kirby

BCBusiness + G&F Financial Group G&F Financial Group has reached an important milestone that will shape its working future, and it did so in the face of great odds. Imagine spending countless hours developing a new, open concept workspace that would showcase...

Jul 30, 2020
Next time the stock market crashes, here’s why you should wait before you sell
Nick Rockel

For students of financial crashes, it was yet another Black Monday. On March 9, partly thanks to fears about the COVID-19 pandemic, global stock markets suffered their worst one-day rout since 2008. Before things began to recover late in the...

Jul 16, 2020
Balfour Pacific: A West Coast Success Story

Balfour Pacific, a Vancouver-based private equity real estate firm, is outperforming the market. Emerging as a top performer in global league tables might be considered a long shot for a Vancouver-based private equity firm investing in U.S. commercial real estate. After all, there are at least 5,000 funds, many based in the U.S., focused on North America. Balfour Pacific managed to do just that. Preqin, the leading source of alternative asset industry data, ranks the firm’s inaugural fund as...

Jul 13, 2020
British Columbians feel safe as the province reopens amid COVID-19, but their finances are suffering: poll
By the Editors

B.C. may have avoided the worst ravages of COVID-19, but the outbreak has hit many residents where it hurts. On behalf of BCBusiness, Mustel Group recently asked 530 British Columbians how safely they think the provincial government is reopening the economy—and if the pandemic has affected them financially.

Jul 13, 2020
Ahead of the Curve: Bigger isn't always better
Jessica Kirby

BCBusiness + William Wright Commercial After several weeks that locked down the province and restructured the future of the contemporary workplace, BC businesses are back, many of them stronger than ever. Commercial real estate—often the cornerstone of a business’s livelihood—will be...

Jun 11, 2020
30 Under 30: Bethany McNeill covers it all with insurance brokerage Momentum Benefits
Dee Hon

Life Story: Bethany McNeill credits her athletic career for fostering the teamwork and leadership skills she’s used to start and run her insurance brokerage firm, MB Pension and Benefits Group, which does business as Momentum Benefits. The North Vancouver native...

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