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Bank scams on the rise over holidays

Fraudsters seem to continually change their tactics in order to separate people from their hard-earned money. During this time of year, scams mimicking financial institutions are more frequent. “Conexus Credit Union takes the online safety of its members extremely seriously,” said Mark Millham, Chief Risk and Compliance Officer with Conexus Credit Union. “We know that […]

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Financial regulators reviewing alleged high-pressure bank sales tactics

Financial regulators say they’re looking into allegations of high-pressure sales practices in Canadian bank branches. The Ontario Securities Commission and the Canadian Investment Regulation Organization say the co-ordinated review will first focus on information gathering over the coming months into early 2025. The regulators say they aim to better understand the sales culture and environment […]

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