Tagged: canada

Visa Launches “Click to Pay” Feature in Canada

 Visa Canada announced on Tuesday the expansion of the “Click to Pay” feature in Canada. According to Visa Canada, the feature helps consumers make secure, swift purchases across various merchants and platforms, which is now more important than ever before given the world’s accelerated shift… Read More

Canada: goPeer Now Allows All Investors to Participate in Lending

goPeer, a Canadian peer to peer lending platform, is now accepting retail investors to fund loans. The move follows the Ontario Securities Commission decision earlier this year to grant goPeer an EMD [Exempt Market Dealer] license. Now non-accredited investors may invest in an asset class… Read More

Canadian Fintech Mogo Set to Launch Mobile Peer-to-Peer Payment Solution

Canadian fintech Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) announced on Monday it is planning to launch a mobile peer-to-peer (P2P) payment solution, which will enable users to quickly and easily make and share payments with friends and family through Mogo’s mobile app. According to Mogo, the payment… Read More

Online Banking Payments Platform Trustly Announces Australian & Canadian Expansion

Trustly, a Sweden-based online banking payments platform, announced on Wednesday it has expanded its services to Australia and Canada. Founded in 2008, Trustly claims its account-to-account network bypasses the card networks, letting consumers make fast, simple, and secure payments to merchants directly from their online… Read More

Buy Now Pay Later Payments Platform AfterPay Announces Expansion Into Canada

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday it is offering its services to consumers and merchants in the Canadian market through its new partnerships with various brands and retailers, including American Eagle, Ardene, BikeExchange, Dermalogica, FragranceX.com, Herschel Supply… Read More

Galaxy Digital, which focuses on Crypto-Assets, Reports $38 Million in Net Income for Q2 2020, Recovering from $27 Million Loss in Previous Quarter

Galaxy Digital Holdings Ltd. (TSX: GLXY) (OTC: BRPHF), a financial services firm that specializes in digital assets, published its Galaxy Digital Holdings LP’s and GDH Ltd.’s financial results on August 14, 2020. Galaxy Digital CEO Michael Novogratz noted that its Q2 2020 and year-to-date results… Read More

Fintech Masters Course, including Machine Learning, Offered by Smith School of Business at Queen’s University for Digital Transformation Specialists

The Smith School of Business at Queen’s University has introduced Canada‘s very first Fintech Masters course. According to the Smith School of Business, the course has been designed mainly for financial or tech professionals who are already working in the industry. The first Master of… Read More

Canadian Digital Asset Custodian Brane Announces Expansion Plans for the U.S.

Brane Inc., a digital asset custodian based in Canada, announced on Thursday its plans to expand into the U.S. The company reported that the U.S. Office of the Comptroller of the Currency (OCC) revealed that federally chartered banks and thrifts in the U.S. may provide… Read More

IBM Canada Signs 7-Year Agreement With Celero For Hybrid Cloud & Data Center Modernization

IBM (NYSE: IBM) and Celero, a solutions integrator, recently announced they have signed a 7-year agreement to modernize and transform Celero’s data center and data center network environments.  The duo reported that through this agreement, Celero will significantly advance the digital banking technologies, cloud services,… Read More

Canadian Fintech Mylo Rebrands to Moka

Canada fintech startup, Mylo Financial Technologies (Mylo) recently announced it has officially rebranded to Moka Financial Technologies. Launched in 2017, Moka is on a mission to help its users achieve their financial goals through its savings and investing app. “The Moka app automatically rounds up… Read More

The EU has Fallen Behind on FATF’s Timelines, including Adopting Rules for Virtual Asset Service Providers, Elsa Madrolle from CoolBitX Claims

The Financial Action Task Force (FATF), an intergovernmental organization that develops policies to combat money laundering and terrorism financing, recently concluded its year long review of its Travel Rule standards for virtual asset service providers (VASPs). The FATF confirmed that it will be extending its… Read More

Brave New Coin to Develop Cryptocurrency Indices that Toronto Futures Options Swaps Exchange will Use for Cash-Settled Options Trading

Brave New Coin, a crypto-asset trading, research, and data firm, has agreed to a multi-year partnership with Toronto Futures Options Swaps Exchange or tFOSE, a derivatives exchange and clearinghouse that’s in the process of obtaining regulatory approval in Canada. Brave New Coin will be designing,… Read More

Canadian Insurtech Foxquilt Secures $3.5 Million Through Seed Funding Round

Foxquilt, a Canada-based insurtech startup, recently announced it secured $3.5 million through its seed funding round. Founded in 2016, Foxquilt describes itself as an insurtech company that’s focused on empowering social groups and B2B networks to save on Small Business and Home insurance. “Our Insurance-as-a-Service… Read More

Flexiti Unveils Omni-Channel Buy Now Pay Later Financing at Memory Express

Canada-based point-of-sale financing and payment tech provider Flexiti recently announced Memory Express, a leading retailer of computer products and services with 12 locations across Canada, has launched its omni-channel financing solution. Flexiti reported that with its buy now pay later solution, customers may apply for a… Read More

Global Payments & Foreign Exchange Platform Shift Connect Forms Partnership With CurrencyCloud to Drive Expansion

  Shift Connect, Canada-based global payments and foreign exchange platform, announced on Monday it has formed a new partnership with cross-border payment platform Currencycloud to power its expansion into new territories, which includes the U.S., Europe, and the UK. Through the partnership, Shift Connect will… Read More

Canadian Cloud-Based AI Platform Senso Secures $3 Million Through Pre-Series A Funding Round Led By Mendoza Ventures & BreakawayGrowth

Senso, a Canadian cloud-based AI platform that enables financial service providers to manage and grow their consumer credit portfolios, has reportedly secured $3 million through its pre-Series A funding round, which was led by Mendoza Ventures and BreakawayGrowth. Founded in 2016, Senso stated it is… Read More

FFCON20 Rise – Virtual

In its 6th year, FFCON isn’t just about bringing people together. It’s an experiential environment designed to bring opportunities to life.  When you bring smart people together and facilitate engagement, debate and sharing ideas, the opportunities flow. FFCON is designed to forge crucial relationships between… Read More

PayPal Announces Launch of QR Code Touch-Free Payments in Canada

Global payments platform PayPal (NASDAQ:PYPL) recently announced it has rolled out QR code payments in Canada for small businesses to accept touch-free mobile payments from their customers using the PayPal app. PayPal reported that the new functionality allows customers to buy or sell in-person, safely, and securely… Read More

Canadian Payments Platform VoPay Teams Up With Inverite to Expand Open Banking Payments Coverage

VoPay, a Canada-based payments platform, announced on Monday it has formed a partnership with real-time bank certification service Inverite to deliver its open banking payment solution to more than 285 Canadian financial institutions. VoPay reported that through the partnership, businesses may now offer more consumers… Read More

HIVE Blockchain Announces Installation of Next Generation Miners at Green Energy-Powered Quebec Bitcoin Mining Facility

HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (OTCQX:HVBTF) reported it has put into operation its recently acquired 1,090 Bitmain Antminer T17+ 58 Terahash per second (TH/s) SHA 256 mining machines at its green energy-powered bitcoin mining operation in Quebec. “Combined with the recently installed 750 Bitmain Antminer S17+… Read More

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