The Hub: News & Events for July 3, 2019

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July 3, 2019

 

Central 1 News 


Interest rate forecast
  • Policy uncertainty heightens
  • Global economic slowdown intensifies
  • Canada's economy temporarily bucks global trend
  • Bank of Canada eases in 2020 
 
Opening up the Market for Forge-Driven Innovation (login required) 
One of the most exciting features of the Forge Digital Banking Platform is the ongoing innovation capabilities that are built into the platform, which both Central 1 and Forge clients can actively pursue. The Forge "Open Marketplace" is where this happens and we've just released a detailed white paper laying out how it will work. (Paper is under the "Insight Updates" heading, and login credentials are required.) 
 

2019 AML Conference – POSTPONED to 2020 (login required) 
Central 1 Risk Solutions Department offers a range of anti-money laundering (AML) services, including education and training on AML compliance, to our credit union clients and others across Canada. 
 
Payment Solutions Manual: Update to Transaction and Charge Codes 
(login required) 
We added the PS code, Provincial Sales Tax (PST), to Transaction and Charge Codes, Form 3667, to reflect a change based on a provincial government tax assessment. 
 
Payment Solutions Manual: PaymentStream AFT User Guides Updated
(login required) 
We updated the PaymentStreamTM AFT User Guides. 
 
Central 1 Events


September 8-10, 2019
Momentum Summit & Trade Show 
(including AmpliFI Awards Ceremony)
Westin Harbour Castle, Toronto

 

October 28-29, 2019
PeopleFocus 2019
Coast Coal Harbour Hotel, Vancouver

 
Button to Credit Union Careers
Button to Central 1's Economic Insights
Forge
Button to our Annual Research Package

Industry News



Economics
Canada swings to trade surplus in May as exports to U.S. rise to all-time record (CBC
)


Technology
Ottawa joins international calls for more information about Facebook's Libra coin (The Logic)

UK Banks Say Trust Is Competitive Edge Against FinTechs (PYMNTS)

Congress sends cease and desist plea to Facebook over crypto plans (FinExtra)



Personal finance
What the debt-to-asset ratio reveals about financial distress (Advisor's Edge)



Housing / real estate
It may take millennials 29 years to save enough to afford a home in Canada's biggest cities (Vancouver Sun)

The sub-3% five-year fixed mortgage is back – for now: BCREA forecast (Business in Vancouver)



Payments
Mastercard: Why The Time Is Now For Real-Time B2B Payments (
PYMNTS)
 

Industry Events



July 28-31, 2019
World Credit Union Conference
The Atlantis Resort, Bahamas
 


September 15-17, 2019
CULA Conference - Transformative Leadership
White Oaks Conference Resort
Niagara-on-the-Lake, ON



October 3 – 5, 2019
35th Annual Credit Union Directors' Forum 
 
"Good Governance: The Future of Ontario's Credit Unions"
Hilton Mississauga/Meadowvale



October 21-22, 2019
Everlink Connections 2019
Hilton Toronto
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Central 1 Credit Union, All rights reserved.

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Central 1 Credit Union - Member & External Communications · 1441 Creekside Drive · Vancouver, Bc V6S 4J7 · Canada

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