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Saven Financial FHSA launch
November 28, 2023
11:25 am
savenfinancial
Ontario, Canada
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At Saven Financial, we just launched our FHSA. We have an introductory rate of 6.00% until April 1.

December 12, 2023
11:46 am
COIN
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savenfinancial said
At Saven Financial, we just launched our FHSA. We have an introductory rate of 6.00% until April 1.  

Who is Saven Financial? Who are the principals behind them?

December 13, 2023
10:50 am
Oscar
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COIN said

Who is Saven Financial? Who are the principals behind them?  

They are the online bank that requires their customers to have a smartphone to be able to access their personal accounts.

December 20, 2023
7:19 am
savenfinancial
Ontario, Canada
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COIN said

Who is Saven Financial? Who are the principals behind them?  

We a division of FirstOntario Credit Union.

December 20, 2023
7:25 am
savenfinancial
Ontario, Canada
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Oscar said

They are the online bank that requires their customers to have a smartphone to be able to access their personal accounts.  

That is correct. We have deployed an AI-driven multi-factor authentication system that provides passwordless access to accounts. Passwords are considered to be the weakest link in online security and therefore we have adopted complete passwordless access to provide enhanced security for our members.

December 31, 2023
9:45 am
zgic
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@SAVEN: Do your offer Insurance for up to CAD 250K on GICs?

December 31, 2023
1:40 pm
savenfinancial
Ontario, Canada
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zgic said
@SAVEN: Do your offer Insurance for up to CAD 250K on GICs?  

Yes, eligible deposits with Ontario Credit Unions are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA). Learn more by visiting: https://savenfinancial.ca/en/filestore/DIRF_Brochure_August_2022_ENG_clean.pdf

January 1, 2024
6:44 am
KamWest
Toronto
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savenfinancial said

That is correct. We have deployed an AI-driven multi-factor authentication system that provides passwordless access to accounts. Passwords are considered to be the weakest link in online security and therefore we have adopted complete passwordless access to provide enhanced security for our members.  

I actually like it, it's on the right track.

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