Tagged: canada

May 2, 2025 @ 12:06 pm By Omar Faridi  |  

CIBC announced its “no annual fee” CIBC Adapta Mastercard, which is reportedly the first credit card in Canada that automatically “determines the cardholder’s top three spend categories each month based on where they spend the most, and rewards them with 50% more points on those… Read More

May 2, 2025 @ 7:54 am By Tony Zerucha  |  

DailyPay, a worktech company and provider of On-Demand Pay, has expanded into Canada. This marks the company’s second international expansion, after initially moving into the United Kingdom in September 2024. “Expanding into Canada is a major step in our mission to better serve our multinational… Read More

April 22, 2025 @ 1:45 pm By Omar Faridi  |  

motusbank, the digital-only bank launched by Meridian Credit Union in Q2 2019, will shut down by early 2026. Meridian, which is reportedly Ontario’s largest credit union, and Coast Capital Savings jointly announced that they will absorb motusbank’s accounts and assets, pending regulatory approval. This closure… Read More

April 22, 2025 @ 12:36 pm By Tony Zerucha  |  

NewCo Capital Group, a provider of business financing, has expanded into Canada. With nationwide service now available across every Canadian province and territory, NewCo brings accessible, non-bank funding solutions to small and medium-sized enterprises. The move strengthens NewCo’s international footprint as part of its broader global… Read More

April 20, 2025 @ 2:09 pm By Omar Faridi  |  

The British Columbia Securities Commission (BCSC) has exposed a $4.3 million scam targeting Canadian investors. The operation, dubbed “Operation Avalanche,” revealed a sophisticated scheme orchestrated by overseas crime groups using a tactic known as “approval phishing.” This fraudulent method reportedly tricked 89 unsuspecting victims into… Read More

April 18, 2025 @ 11:47 am By Omar Faridi  |  

Canada appears to be taking significant steps to integrate cryptocurrencies into its financial ecosystem, with recent updates from the Canadian Securities Administrators (CSA) and Coinbase providing more clarity for investors navigating the seemingly complex world of crypto assets. These developments underscore Canada’s commitment to fostering… Read More

April 8, 2025 @ 2:40 pm By Omar Faridi  |  

SOL Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, released its March 2025 operational update. Leah Wald, CEO, stated: “March represented a significant month for SOL Strategies, marked by our strategic acquisition of Laine’s validator network… Read More

April 6, 2025 @ 5:14 pm By Omar Faridi  |  

Kraken has officially obtained a Restricted Dealer registration in Canada, reaffirming its commitment to serving Canadian crypto investors while adhering to “enhanced investor protection guidance for crypto exchanges.” Kraken also welcomes Cynthia Del Pozo as their new General Manager for North America. Cynthia will lead… Read More

March 20, 2025 @ 7:43 pm By Omar Faridi  |  

As institutional exposure to cryptocurrencies surge, key players are continuing to bring innovative and flexible investment products to meet this burgeoning demand. This, according to recent update from digital assets firm Gemini. Gemini is pleased to announce that they will serve as the custodian to… Read More

March 17, 2025 @ 11:08 pm By Omar Faridi  |  

Nium, the infrastructure for real-time cross-border payments, announced the expansion of its real-time payment network, with the addition of Interac in Canada. This expansion reinforces the company’s strategy to build out the real-time payments infrastructure, enabling businesses to “move money faster, securely, and at a… Read More

March 15, 2025 @ 3:59 pm By Tony Zerucha  |  

Concerns about fraud are escalating among Canadians, with a new Equifax Canada survey revealing that 89% believe companies must do more to protect personal data. Seniors and Quebec residents are particularly worried, demanding stronger fraud prevention measures and broader fraud education. Key findings 55% believe… Read More

March 15, 2025 @ 3:48 pm By Omar Faridi  |  

Canada’s Fintech ecosystem stands at a critical juncture, teetering somewhere between immense potential and possible stagnation. A recent interview by the Toronto Star with EQ Bank CEO Andrew Moor underscores a somewhat harsh reality: while global economic challenges like North America’s tariff and trade war… Read More

March 10, 2025 @ 10:14 pm By Omar Faridi  |  

Sol Strategies Inc. (formerly Cypherpunk Holdings Inc.), a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, has made additional “strategic purchases of SOL as part of its ongoing growth initiatives.” During the week ending March 7, 2025, Sol Strategies… Read More

March 7, 2025 @ 11:12 am By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), the derivatives and securities exchange network, announced it migrated Cboe Canada’s NEO-L, NEO-N, and NEO-D trading books (collectively, the NEO Trading Platform) to Cboe TitaniumSM on March 3. Cboe Titanium is the new name of the technology platform powering… Read More

February 26, 2025 @ 11:33 am By Omar Faridi  |  

Mastercard’s (NYSE: MA) range of fraud detection tools and solutions help protect and ensure payment security for consumers and businesses. In an evolving digital world, fraud threats seem to be coming from every direction, making it “challenging for Canadians to feel and remain secure.” Launching… Read More

February 16, 2025 @ 6:34 pm By Omar Faridi  |  

BIGG Digital Assets Inc., an innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero, is pleased to announce that Blockchain Intelligence Group (BIG) has acquired and renewed contracts with government agencies as well as law enforcement organizations. BIG is… Read More

February 13, 2025 @ 5:14 pm By Omar Faridi  |  

Xero, a global small business platform, has released its quarterly Xero Small Business Insights (XSBI) data for Canada, providing a comprehensive snapshot of the health of the small business sector. The latest data, which covers the period from July to September 2024, reveals that while… Read More

February 12, 2025 @ 9:57 pm By Omar Faridi  |  

Inovatec Systems, a provider of loan origination and management solutions for lenders, has announced an agreement with Dabadu, a Canadian dealer CRM platform. This partnership will integrate Inovatec’s Propel portal into Dabadu CRM, a solution that enables auto dealers to manage various aspects of their… Read More

February 8, 2025 @ 12:52 pm By Omar Faridi  |  

Mastercard (NYSE: MA) has recently unveiled the newest recipients of the Mastercard x Pier Five Small Business Fund. The Fund grants $10,000 CAD to 10 Canadian women small business owners alongside “support to grow and scale their businesses.” Recipients receive a Priceless experience in Toronto… Read More

February 2, 2025 @ 6:31 pm By Omar Faridi  |  

Purpose Investments Inc., the firm behind the world’s “first” Bitcoin ETF and Ether ETFs, says it is further solidifying its presence in the digital asset space with the filing of a preliminary prospectus with Canadian securities regulators for the proposed launch of the Purpose Ripple… Read More