News

Margill Loan Manager latest version 4.4 and upcoming 5.0 – New features now on web site

Margill Loan Manager latest version 4.4 and upcoming version 5.0 – Release notes (new features) now available on our web site. See www.margill.com/en/margill-loan-manager-release-notes

CANADA : Alert to borrowers and lenders: Significant changes to lessee accounting standards

Effective for accounting periods starting January 1, 2019, International Financial Reporting Standards 16 (IFRS 16) has replaced International Accounting Standards 17 (IAS 17) as the accounting standard for leases for all Canadian entities reporting under IFRS. Complete text here.

Expensive Loans to Desperate People Built This $90 Billion Industry

About 12 million Americans use high or very high interest loans every year (payday, title loans, etc.). The Trum administration may introduce new legislation that may significantly change the landscape.  Here is an interesting article dealing with the subject. Just follow this link.

Replacing LIBOR – Are you Thinking About This $200 Trillion Dollar Problem With Your Contracts?

Darren Gold, VP at UnitedLex Corp., wrote an interesting article about the London Interbank Offer Rate (LIBOR) which is used all over the world as the reference for a great number of loan contracts.  The UK’s Financial Conduct Authority recently declared that it would no longer require banks to submit the data that enabled LIBOR […]

Happy Holidays!

Margill Webinar

The Margill Team is proud to formally announce the release of Margill Loan Manager 4.4. It is a really impressive version with a host of new features. Here are the six most important improvements: Blocking historical transactions Alerts: Use templates with merged data to send automatic emails and Mail to SMS to borrowers (example: upcoming […]

Margill Solutions – Top 10 Retail Banking Solution Providers of 2018 in Banking CIO Outlook

The Margill team is proud to be one of the Top 10 Retail Banking Solution Providers of 2018 in Banking CIO Outlook magazine. To help CIOs, CFOs, and CEOs find the right solutions for their retail banking initiatives, a distinguished panel comprising CEOs, CFOs, analysts, and Banking CIO Outlook’s editorial board has selected the top […]

Margill wins the MercadOr Export Award

Every year since 1999, the MercadOr award is presented to exporting companies in every region of the province of Quebec.  Six companies were awarded a MercadOr for the region of the Laurentians last October 11th (See article in French here). Among them, our company Jurismedia / Margill software was one of the finalists.  Marc Gélinas, […]

Welcome to our new clients!

The Margill Team is proud to announce the addition of 2 new customers, one in the US and one in UK.  Please take a minute to visit their websites. and

The Sun Shines for Lenders – Solar Power in the Court of Appeal

Summary: Canada Interest Act. This decision from the Ontario Court of Appeal shows the importance for lenders to state in their loan and promissory note documents, interest rates and even penalties on a annual basis, as opposed to daily or other equivalent interest rate. Find out more here