Moneris Solutions Corporation, a Canadian leader in innovative solutions for mobile, online, and in-store payments, has introduced Tap to Pay on iPhone in the Moneris Go app, enabling businesses of any size to accept digital payments simply and easily. Canadian businesses can now “accept in-person… Read More
Read more in: Fintech, Canada | Tagged canada, iphone, moneris, tap to pay
CIBC announced it is the first major financial institution to launch a bundled digital credit card and deposit account application for those new to Canada, making it faster and more convenient for these clients to make key banking decisions sooner. Michael Clabby, Executive Vice-President, Head… Read More
Read more in: Canada, Fintech | Tagged banking, canada, cibc, credit cards
The Canadian Securities Administrators (CSA) recently announced that rule amendments supporting the move to a shorter settlement cycle for equity and long-term debt market trades came into force in Canada. The amendments to National Instrument 24-101 Institutional Trade Matching and Settlement align with the industry’s… Read More
Read more in: Canada, Politics, Legal & Regulation | Tagged canada, canadian securities administrators, csa, settlement
FlightHub, the Canadian online travel agency and subsidiary of the travel innovation company Momentum Ventures, announced a partnership with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, “to bring transparent and flexible payment options to eligible Canadian travelers.” At… Read More
Read more in: Fintech, Canada, Global | Tagged affirm, canada, flightHub, payments
Payments Canada is pleased to welcome Paula Dunlop as the new Vice President, Policy, Government Relations and Research. In this role, Paula will be expected to “oversee these three important functions at Payments Canada that influence and enhance their work with key stakeholders and across… Read More
Read more in: Canada, Fintech | Tagged canada, digital payments, paula dunlop, payments canada, women changing finance
Neo Financial announced that the Neo Secured Credit card, along with all Neo credit card products, will now report to Equifax Canada, in addition to its existing reporting to TransUnion, giving Canadians a full credit profile for broader lender acceptance. The Neo Secured Credit card… Read More
Read more in: Fintech, Canada | Tagged canada, credit cards, equifax, neo financial
FINTRAC announced that it has imposed an administrative monetary penalty on Binance Holdings Limited, also operating as Binance Holdings (IE) Ltd., Binance.com, Binance Global and Binance. This foreign money services business was “imposed an administrative monetary penalty of $6,002,000 on May 7, 2024 for non-compliance… Read More
Read more in: Blockchain & Digital Assets, Canada, Politics, Legal & Regulation | Tagged binance, canada, FINTRAC, penalty
Xero, the global small business platform, released its latest Xero Small Business Insights (XSBI) quarterly update for Canada, based on data from October to December 2023. The data showed that Canada’s small business sales decline “may be levelling off, which is an encouraging signal for… Read More
Read more in: Global, Canada, General News | Tagged canada, research, small businesses, smbs
Airwallex, a global payments and financial platform for modern businesses, introduced the Airwallex Borderless Visa Card in Canada. The virtual card is issued by Peoples Trust Company, “part of Peoples Group, and enables Canadian businesses to easily make payments around the world, everywhere Visa is… Read More
Read more in: Fintech, Canada, Global | Tagged airwallex, canada, payments, visa
Canada is becoming an increasingly viable landscape for investment activity thanks to its favorable regulatory environment, a flourishing tech sector, and the country’s continued commitment to fostering entrepreneurship. As Apple (NASDAQ:AAPL) continues to ramp up its generative AI capabilities, the Silicon Valley giant has actively… Read More
Read more in: Global, Artificial Intelligence, Canada, Featured Headlines, Strategy | Tagged canada, celesta capital, interview, investments, nicholas brathwaite, vc
Payments Canada is seeking input on proposed changes to how bill payment remittances are processed through the Automated Clearing Settlement System (ACSS). This includes the potential impact the changes “could have on billers, consumers who make bill payments and any financial institution or organization that… Read More
Read more in: Fintech, Canada | Tagged canada, consultation, fintech adoption, payments, payments canada
The Investment Association’s (IA) Fintech hub and accelerator, IA Engine, has announced the latest firms to join its Innovator Program, as well as new global Fintech partnerships between Engine and Canada. The following five firms have been chosen to join this year’s cohort, which, during… Read More
Read more in: Fintech, Canada | Tagged canada, engine, fintech adoption, gillian painter, investment association
The US has reportedly captured 83% of the Spot Bitcoin ETF market, overtaking Canada. This, according to an update from CoinGecko. Spot Bitcoin exchange-traded funds (ETFs) are “incorporated in 11 countries worldwide and traded in just 6 geographical markets,” the team at CoinGecko noted. CoinGecko… Read More
Read more in: Blockchain & Digital Assets, Canada | Tagged bitcoin, btc, canada, etfs, research, spot bitcoin etfs
Trulioo, an identity platform with proven global coverage for person and business verification, today announced it has partnered with EQ Bank, the digital platform of Canada’s Challenger Bank. EQ Bank chose Trulioo Identity Document Verification, Workflow Studio and Business Verification to “streamline customer and business… Read More
Read more in: Regtech & Legaltech | Tagged business verification, canada, challenger bank, digitalization, EQ Bank, identity platform, mahima poddar, steve munford, trulioo
The Payments Canada Board of Directors announced that Tracey Black, who joined Payments Canada in 2018, made the decision not to renew her term as President and CEO of Payments Canada. Over the last five years, Black has led “a series of major payment modernization… Read More
Read more in: Canada, Fintech | Tagged board of directors, canada, new appointments, payments, payments canada, tracey black
BIGG Digital Assets Inc. (CSE: BIGG) an innovator in the digital assets space and owner of Blockchain Intelligence Group, Netcoins, and TerraZero, announces further expansion of its product and QLUE user base. Blockchain Intelligence Group has partnered with a State Bureau of Investigations that will… Read More
Read more in: Blockchain & Digital Assets, Canada | Tagged bigg, bigg digital assets, blockchain intelligence group, canada, crypto-assets, lance morginn, qlue
Robinhood (NASDAQ: HOOD) explains that it was founded on a simple idea: that their financial markets should be accessible to all. With customers at the “heart” or core of their decisions, Robinhood claims that it is lowering barriers and “providing greater access to financial information… Read More
Read more in: Canada, Fintech, Global, Investment Platforms and Marketplaces | Tagged Business Expansion, canada, financial services, investing, robinhood
Objectway, the Fintech provider of as-a-service software and services to banks, wealth and asset managers, announced the acquisition of Nest Wealth, a Canadian provider of digital wealth solutions. Building on more than 30 years of business expertise, Objectway has “built partnerships with banks, wealth and… Read More
Read more in: Fintech, Canada, Global | Tagged acquisition, canada, nest wealth, objectway, wealth management
BIGG Digital Assets Inc. (CSE: BIGG), an innovator in the digital assets space and owner of TerraZero, Netcoins, and Blockchain Intelligence Group is pleased to announce select unaudited financial results for Netcoins’ Q4 2023 and the launch of its Crypto Trading API. Assets under Management… Read More
Read more in: Canada, Blockchain & Digital Assets, Global | Tagged bigg digital assets, canada, crypto trading, digital assets, netcoins, progress report
Cboe Canada announced receipt of all necessary approvals to formally unify its Canadian operations by bringing together the NEO Exchange and the MATCHNow alternative trading system (ATS), along with other related Canadian regulated entities, “into one corporate entity under the umbrella of Cboe Canada, effective… Read More
Read more in: Canada, Fintech | Tagged alternative trading system, ats, canada, cboe, cboe canada, cboe global, matchnow, neo exchange
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