Canada

Canadian Tire Bank Extends Relationship with Temenos, Moves to New Banking Cloud Platform

Temenos (SIX: TEMN) recently announced that Canadian Tire Bank (CTB), the financial arm of Canadian Tire Corporation (CTC) – one of the largest Canadian retail companies – will adopt Temenos Banking Cloud to accelerate its core modernization. In 2022, Canadian Tire Bank chose the Temenos… Read More

Fintech Firm PayIt Expands Business Operations, Appoints Jon Telch as VP Canada

PayIt, the leader in digital customer experience solutions with integrated payments for local and provincial governments, has appointed Jon Telch as Vice President, Canada. Telch joins the growing team at PayIt’s Canada headquarters and will “focus on partnering with government leaders to enable them to… Read More

Canadian Securities Regulators Publish Expectations for Investment Funds Holding Crypto-Assets

The Canadian Securities Administrators (CSA) recently published guidance to help fund managers understand and comply with securities law requirements for public investment funds holding crypto assets (public crypto asset funds). The guidance aims to provide “an overview of public crypto asset funds operating in Canada… Read More

Bluesphere Ventures, an Incubator of Environmental Fintech Initiatives, to Acquire Climate Carbon

Bluesphere Ventures, a pioneering venture studio specializing in incubating environmental fintech ventures, announced its definitive agreement to acquire Climate Carbon, Canada’s leading broker of carbon and renewable energy credits. This acquisition is expected “to reshape the industry and accelerate the global adoption of sustainable practices.”… Read More

Fintech Clik2pay Enables Online Debit Payments on WooCommerce

Payment service provider Clik2pay announced it has developed a Clik2pay plugin for WooCommerce, “enabling any business on the platform to quickly and easily enable Clik2pay for their online store.” WooCommerce users can now “offer their customers a direct-from-account payment option and begin accepting debit payments… Read More

Canada Warns that Some Crypto Sites Claim Bogus Regulatory, Dispute Resolution Organizations

The Canadian Securities Administrators (CSA), the entity that represents all provincial/territorial regulators, says some crypto trading platforms are siting relations with bogus regulatory or dispute organizations. These trading platforms are simply trying to burnish their creditability, hoping that an unsuspecting investor may fall for the… Read More

Blockchain Intelligence Group Introduces Ethereum Course to Support Certified Cryptocurrency Investigator Training

BIGG Digital Assets Inc. (CSE: BIGG), owner of Blockchain Intelligence Group , a developer of blockchain technology search, risk-scoring and cryptocurrency and digital asset training, is announcing the latest release of its renowned Certified Cryptocurrency Investigator (CCI) training program; CCI ETH. This new certificate course… Read More

DealMaker CEO Rebecca Kacaba Shares Opinion on Capital Markets, Investment Crowdfunding and Opportunity

DealMaker has emerged as a top online capital formation platform providing services to enable the primary issuance of securities across the full stack of crowdfunding exemptions. This includes Reg CF, Reg A+, and Reg D. At the same time, due to its base of operations… Read More

BIGG Digital Assets Inc. Reports Financial Results for Q1 2023

BIGG Digital Assets Inc. (CSE: BIGG), owner of Netcoins, the online cryptocurrency brokerage that makes it easy for North Americans to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group, a developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased “to report… Read More

EML Payments, Visa Unveil Digital Gift Card Product for US, Canadian Shopping Centers

EML Payments Limited (ASX: EML), a payment solutions provider, is working with Visa, a world leader in digital payments, in order “to offer its private label digital gift cards product serving its broad shopping center and multi-retailer customer base in the United States and Canada.”… Read More

TMX Group, Clearstream to Launch Canadian Collateral Management Service

TMX Group Limited and Clearstream Banking S.A., the international central securities depository of Deutsche Börse Group, announced plans to launch a new, automated Canadian Collateral Management Service, or CCMS. Together, TMX Group and Clearstream are working “to leverage the combined strength of their complementary services… Read More

Full Court Press: Boxabl Pursues New Reg A+ and Reg D Offerings Plus Offering in Canada

Boxabl is preparing to raise capital, and it is taking a full-court press by raising money in a Reg A+ and Reg D offering as well as a pitch on FrontFundr in Canada. The Reg A+ will be listed on StartEngine, which displays over $1.25… Read More

Payments Fintech Paysafe Introduces Upgraded Skrill Digital Wallet for Ontario Clients

Paysafe (NYSE: PSFE), a payments platform, recently announced the launch of its revamped Skrill digital wallet for online gaming in the Canadian province of Ontario. Developed specifically to meet the payment preferences of iGaming players, the upgraded Skrill wallet allows Ontarians “to instantly fund wagers… Read More

Pennies on the Dollar: Harmed Quadriga Investors to Receive Small Percentage of Funds Lost on Crypto Platform

Last week, EY Canada posted a status report on Quadriga – a Canada-based crypto exchange that fell into chaos after the founder died, leaving keys to accounts missing and many questions. It was eventually determined that over CAD $300 million in assets were claimed by… Read More

Binance to Exit Canada

After a bit of a struggle to gain access to the Canadian market, Binance has decided to exit the country. In an extended Tweet, Binance announced its decision. Unfortunately, today we are announcing that Binance will be joining other prominent crypto businesses in proactively withdrawing… Read More

CBDCs: Bank of Canada Introduces Public Consultations on a Digital Dollar

The Bank of Canada is launching an online public consultation on “the features that could be included in a digital Canadian dollar.” The consultation opened on May 8, 2023 and runs until June 19. The way Canadians pay for everything from the daily necessities “to… Read More

Digital Asset Management Firm Haru Invest Launches Crypto Mining Product

Haru Invest, a digital asset management platform, announced the launch of its crypto mining product Haru Mining in partnership with Canadian crypto miner Pow.re. Haru Mining explains that it “represents a strategic expansion of Haru Invest’s suite of digital asset investment services, opening users to… Read More

British Columbia Securities Commission Claims Fraud was Committed by B.C. Crypto Firm

The B.C. Securities Commission recently alleged that a defunct cryptocurrency platform based in Nanaimo on Vancouver Island allegedly carried out a massive securities fraud by intentionally and illegally diverting customer funds to crypto gambling websites. In a notice issued in April 2023, the Commission said… Read More

Digital Assets: Galaxy, DWS to Develop Crypto-Asset Management Solutions in Europe

Galaxy Digital Holdings Ltd. (TSX: GLXY), a financial services and investment management innovator in the digital asset and blockchain technology sector, and DWS, which claims to be one of the world’s leading asset managers, have entered into a strategic alliance with the aim of initially… Read More

Global Fintech Airwallex Introduces International Payments in Canada

Airwallex announced the launch of its global payments services in Canada. The launch will empower Canadian businesses “to tap into Airwallex’s global payments and financial platform, offering a faster, more cost-effective and transparent alternative to the traditional banking platform.” Businesses in Canada can now “access… Read More

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