Canada-based Equitable Bank has extended its partnership with International Financial Data Services (IFDS) Canada to deliver new US High-Interest Savings Account (HISA).
Under the extended agreement, IFDS will provide a suite of service solutions for the Equitable Bank.
Go deeper with GlobalData
Equitable Bank offers a suite of financial solutions, including competitive rates on high-interest savings accounts and GICs to its retail and commercial customers across Canada.
IFDS Canada president and CEO Katherine MacMillan said: “We are pleased to be strengthening our relationship with a growing Canadian financial services business like Equitable Bank, giving Canadians a sound option to save and invest with US dollars through the launch of their US HISA.”
Founded in 1970, Equitable Bank has been relying on IFDS’ proprietary technology to provide recordkeeping, transfer agency, and back-office support services for its savings account products.
Equitable Bank president and CEO Andrew Moor said: “Based on their fully-integrated platform, extensive experience in the savings space and in-depth industry knowledge, IFDS was a natural choice to support this exciting new addition of our US High-Interest Savings Account.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData“At Equitable, we’re laser-focused on bringing the best banking experience to Canadians while always ensuring we’re challenging ourselves in the process. This partnership is evidence of that focused approach.”
