Canada

August 20, 2025 @ 5:22 am By Omar Faridi  |  

The Royal Bank of Canada (RBC) and Bank of Montreal (BMO), two of Canada’s financial institutions, are reportedly exploring the sale of their joint payments processing venture, Moneris Solutions Corporation, in a deal that could be valued at up to $2 billion. The potential divestiture,… Read More

August 19, 2025 @ 2:48 pm By Omar Faridi  |  

The Canadian Investment Regulatory Organization (CIRO), the national body overseeing investment dealers and trading activities, took decisive action last week by temporarily shutting down several of its systems in response to a detected cybersecurity threat. This measure underscores the importance of digital defenses in the… Read More

August 11, 2025 @ 9:30 pm By Omar Faridi  |  

In the evolving financial services sector, payment modernization is often framed as a technological objective and/or target—new platforms, faster transactions, and enhanced security. However, a recent discussion at The 2025 Payments Canada SUMMIT, hosted by Kristina Logue, Chief Financial Officer at Payments Canada, and featuring… Read More

August 10, 2025 @ 8:48 pm By Omar Faridi  |  

A recent study by Payments Canada has revealed a surprising twist in the ecosystem of payment security: Canadians are nearly three times more likely to encounter fraud when using cash compared to credit cards. This finding challenges the widespread perception that cash is the safest… Read More

August 7, 2025 @ 7:07 pm By Omar Faridi  |  

Galaxy Digital Inc. (NASDAQ: GLXY) released its financial results for the second quarter of 2025, showcasing a remarkable recovery and strategic advancements in its digital asset operations. The company reported a net income of $30.7 million for the quarter, a significant turnaround from a $295… Read More

August 7, 2025 @ 6:38 pm By Tony Zerucha  |  

Blue J, a GenAI tax research platform, has raised $122 million in a Series D funding round led by Oak HC/FT and Sapphire Ventures, with participation from Intrepid Growth Partners and previous investors Ten Coves Capital and CPA.com. The nine-figure raise comes seven months after Blue… Read More

August 7, 2025 @ 3:39 am By Omar Faridi  |  

SOL Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, issued a corporate update for the month of July and announced the date of its third quarter 2025 earnings session. July 2025 Corporate Highlights: Board Approval of… Read More

August 6, 2025 @ 10:37 am By JD Alois  |  

Coinbase (NASDAQ:COIN) is now enabling investors to utilize PayPal in Canada. While a small improvement for Canadian users, this is emblematic of the ongoing integration of TradFi with the digital asset sector. Prior to the new feature, Coinbase Canada users could use Interac e-Transfer, Electronic… Read More

August 5, 2025 @ 9:44 pm By Omar Faridi  |  

Payments Canada has announced the implementation of changes to its bill payment framework, set to take effect on December 1, 2026. These updates, developed through public consultation and collaboration with industry stakeholders, aim to improve operational efficiency, embrace technological advancements, and enhance the bill payment… Read More

July 27, 2025 @ 6:29 pm By Omar Faridi  |  

Bitzero, a company claiming to be focused on sustainable Blockchain and High-Performance Compute (HPC) data centers, announced it has secured $25 million in funding to drive revenue growth and further its mission of setting a standard for clean, community-centered mining operations. The investment marks a… Read More

July 25, 2025 @ 12:51 pm By Omar Faridi  |  

Adyen (AMS: ADYEN) has been focused on enhancing cross-border transactions. Through various partnerships and product launches, Adyen claims it is empowering merchants across diverse sectors, from golf retail to urban coffee chains, while expanding its financial services offerings in key markets like Canada. These developments… Read More

July 24, 2025 @ 11:43 pm By Omar Faridi  |  

Payments Canada continues to make strides in modernizing Canada’s payment infrastructure, with progress on the Real-Time Rail (RTR) payment system and the appointment of new and returning members to its Member Advisory Council (MAC). These developments underscore Payments Canada’s commitment to fostering tech development, security,… Read More

July 23, 2025 @ 1:41 pm By Omar Faridi  |  

BNPL Fintech Affirm Holdings, Inc. (NASDAQ: AFRM) continues to announced key update that aim to expand its services while enhancing customers’ payment experience. With a user base of 22 million and $28 billion in annual payment processing as of 2025, Affirm claims that it is… Read More

July 15, 2025 @ 12:57 pm By Omar Faridi  |  

Canada is taking significant steps to regulate the stablecoin market, with the Office of the Superintendent of Financial Institutions (OSFI) collaborating with the Department of Finance and the Bank of Canada to develop a comprehensive legislative framework. Announced recently, this initiative aims to establish clear… Read More

July 14, 2025 @ 9:52 am By JD Alois  |  

Checkout.com, a UK-based Fintech, is expanding its footprint with an expansion into Canada. The company is already operating in the US. The company added that it has also had a leadership “refresh.” Zack Levine has been appointed as Head of Revenue for North America (NORAM)…. Read More

July 2, 2025 @ 2:04 pm By Michael Wong  |  

DigitalBridge Group Inc and Canada’s La Caisse have finalized the acquisition of Yondr Group, a global hyperscale data center developer and operator, from Cathexis Holdings, the companies announced. The move bolsters both investors’ presence in digital infrastructure and strengthens their ability to address the growing… Read More

July 2, 2025 @ 7:58 am By Omar Faridi  |  

The Bank of New York Mellon Corporation (BNY) (NYSE: BK), a global financial services company, announced the opening of an unsponsored American Depositary Receipt (ADR) program for a leading Canadian supermarket chain. This milestone marks the first time U.S. and global investors “can leverage ADRs… Read More

June 26, 2025 @ 4:09 pm By Omar Faridi  |  

Raymond James Ltd., the independent financial services firm in Canada,  announced a strategic partnership with FNZ, a global wealth management platform provider, to deliver its wealth management platform. Under the agreement, Raymond James Ltd. will “make a significant investment to accelerate the digital transformation of… Read More

June 24, 2025 @ 8:38 pm By Omar Faridi  |  

Canada’s payment ecosystem is undergoing a transformative shift, driven by the forthcoming Real-Time Rail (RTR) payment system, rising fraud concerns, and evolving e-commerce trends. Recent updates from Payments Canada, highlighted through informative sessions, industry summits, and research, highlight the nation’s commitment to modernizing its financial… Read More

June 24, 2025 @ 4:33 pm By Omar Faridi  |  

National Bank Investments Inc. (NBI) announced a partnership with Apollo Global Management, Inc. to expand access to private credit investments for Canadian accredited investors. The new NBI Apollo Private Credit Fund, available since May 1st, provides exposure to private credit opportunities in directly “originated assets… Read More