Canada

February 19, 2022 @ 9:46 am By Omar Faridi  |  

Trulioo, the international identity verification firm, recently announced four new banking clients: Bambu Systems, Guardian Gold, Nerve and Simba. With Trulioo GlobalGateway, one of the largest networks of identity data and services, financial institutions can “deploy identity checks that help them satisfy Know Your Customer… Read More

February 14, 2022 @ 11:46 am By JD Alois  |  

Yesterday was the 56th Super Bowl where the LA Rams topped the Cincinnati Bengals by just a three-point spread. While the game was exciting, much discourse around the annual event tends to target the television commercials that costs advertisers millions of dollars due to the… Read More

February 9, 2022 @ 7:08 pm By JD Alois  |  

SaNOtize, an OurCrowd portfolio company, has shown to be 99% effective against COVID-19 in a phase three trial, according to a note distributed by OurCrowd. Simultaneously, the treatment has received regulatory approval in India. OurCrowd has participated in the funding of the firm providing access… Read More

February 8, 2022 @ 10:38 am By Omar Faridi  |  

KPMG in Canada has reportedly completed an allocation of crypto-assets to its corporate treasury, the company’s first direct investment in digital assets. The allocation includes Bitcoin (BTC) and Ethereum (ETH), as well as carbon offsets to “maintain a net-zero carbon transaction to deliver on the… Read More

January 28, 2022 @ 6:47 pm By Omar Faridi  |  

Paystone has announced the acquisition of Canadian Payment Services (CPS), which is reportedly one of the fastest-growing providers of Canadian merchant services. As mentioned in the update, this acquisition is the sixth addition to Paystone’s portfolio of acquisitions, having acquired five other companies in the… Read More

January 28, 2022 @ 12:56 pm By Omar Faridi  |  

The INX Digital Company, Inc. (NEO: INXD), the owner of crypto-asset trading platforms, is pleased to confirm that the firm’s common shares will begin trading on the Neo Exchange Inc., under the ticker symbol “INXD”. The firm and its wholly-owned subsidiaries together form the “INX… Read More

January 27, 2022 @ 6:58 pm By Omar Faridi  |  

Zafin, the SaaS Cloud-native product and pricing platform for banking institutions and credit unions, announced that it has acquired FINCAD, a global firm focused on pricing and risk analytics of financial derivatives and fixed income products. By acquiring FINCAD, Zafin expands its product portfolio and… Read More

January 27, 2022 @ 4:10 pm By Tony Zerucha  |  

Fintech firm XREX announced today it has obtained the money services business (MSB) license from the Financial Transactions and Reports Analysis Centre (FINTRAC) under the Canadian government. The license allows the Taipei-based company to extend its crypto-fiat exchange services, which include cross-border payments, remittances, global… Read More

January 26, 2022 @ 10:06 am By JD Alois  |  

Canadian crypto exchange CoinSmart (NEO: SMRT; FSE:IIR) has announced a “long-term national sponsorship agreement with the Canadian Hockey League (CHL).” CoinSmart will become the CHL’s Official Crypto Trading Partner across its three-member leagues, the OHL, WHL, and the QMJHL. The CHL is the world’s largest… Read More

January 13, 2022 @ 7:47 pm By Omar Faridi  |  

Tier1 Financial Solutions, a provider of capital markets and investment banking client relationship management solutions, and AML compliance and fraud prevention solutions, has appointed Megan Howe as MD, North America Sales. Howe will be responsible for “driving compliance software and buy-side CRM sales in North… Read More

January 13, 2022 @ 7:09 pm By Tony Zerucha  |  

FundThrough, an invoice payment fintech platform, this week announced the acquisition of BlueVine’s invoice factoring business. The company said the acquisition fast tracks the company’s strategic focus on embedded finance and its expansion efforts in the U.S. market, doubling the number of U.S. clients that… Read More

January 11, 2022 @ 10:47 pm By Omar Faridi  |  

Trulioo, the international identity verification firm, notes that ID verification has three primary use cases: “achieving compliance requirements, reducing fraud and building trust and safety.” Trulioo explains in a blog post that depending on your business and where you operate, you might “prioritize a particular… Read More

January 7, 2022 @ 3:15 pm By Omar Faridi  |  

The Bank for International Settlements (BIS) has appointed Raphael Auer as the Head of Innovation Hub Eurosystem Centre. Auer is presently a principal economist in the Innovation and the Digital Economy division of the BIS’s Monetary and Economic Department. He has “contributed extensively to BIS… Read More

January 6, 2022 @ 6:42 pm By JD Alois  |  

CoinSmart (NEO: SMRT) (FSE: IIR), one of the first approved crypto exchanges in Canada, says revenue hit a record amount of $1.94 million in November. CoinSmart Financial Inc., a publicly-traded firm, said preliminary unaudited monthly revenue in November 2021 represents a 7% increase compared to… Read More

January 5, 2022 @ 9:39 am By JD Alois  |  

INX Limited (INX ATS: INX) has acquired Tokensoft Transfer Agent LLC, an SEC-registered transfer agent owned by Tokensoft Inc. The terms of the deal were not disclosed. INX Limited is a digital asset trading platform that aims to bridge crypto and traditional assets. The regulatory-compliant… Read More

December 31, 2021 @ 3:37 pm By JD Alois  |  

CoinSmart Financial Inc., one of the first digital asset trading platforms to be registered as a restricted dealer under securities laws across Canada, has shared some perspective on the Binance Canada predicament. Earlier today, it was reported that Binance Canada had been registered as a… Read More

December 31, 2021 @ 12:07 pm By JD Alois  |  

Binance Canada, or Binance Canada Capital Markets, Inc., has been registered as a Money Service Business (MSB), The Calgary-based operation is registered to provide foreign exchange dealing, money transferring, and dealing in “virtual currencies.” The registration is good until December 2024. As shared with CI,… Read More

December 23, 2021 @ 3:43 pm By JD Alois  |  

Liquid Meta, a DeFi firm, has listed its shares on the NEO Exchange under ticker LIQD. Liquid Meta’s market cap is currently around CDN 46 million. NEO Exchange is a tier 1 stock exchange operating in Canada. Its mission is to serve the innovation sector… Read More

December 22, 2021 @ 9:35 am By JD Alois  |  

DeFi incubator Dispersion Holdings plc (AQSE: DEFI) has submitted an application for the listing of its ordinary shares on the Canadian Neo Exchange. Dispersion Holdings currently has a market cap of around £26 million. NEO Exchange is an early stage Fintech that aims to “re-focus… Read More

December 16, 2021 @ 10:04 am By Omar Faridi  |  

Pascal WealthTech recently announced that it has acquired Living Wealth Media Inc., which is a digital relationship marketing platform built and designed for wealth advisors, “in an all-stock transaction.” As mentioned in an update shared with CI, Living Wealth will continue as “a standalone product,”… Read More