Montreal-based Mako has launched a custom digital onboarding solution with Odlum Brown, connecting client account opening directly to the independent investment firm’s Dataphile book-of-record system. [Read more…] about Mako Powers Digital Client Onboarding at Odlum Brown
Bank of Canada Opens Consultation on Open Banking Accreditation
Canadian fintechs have until December 8 to weigh in on proposed accreditation guidance that will help shape participation in the country’s consumer-driven banking framework. [Read more…] about Bank of Canada Opens Consultation on Open Banking Accreditation
Adyen Finds Cash Flow Gaps Put Canadian Small Businesses at Risk
Canadian small businesses face potential cutbacks and closures if they cannot access funding, according to new research from payments platform Adyen. [Read more…] about Adyen Finds Cash Flow Gaps Put Canadian Small Businesses at Risk
RBC to Block Third-Party AI Agents From Online Banking
RBC is blocking third-party personal AI agents from directly accessing its authenticated digital services, including online banking, citing security, privacy, and fraud risks. [Read more…] about RBC to Block Third-Party AI Agents From Online Banking
APX Lending Plans Bitcoin-Backed Mortgages for Canadian Homebuyers
Toronto’s APX Lending plans to introduce Bitcoin-backed mortgages in Canada, giving eligible homebuyers a way to put their cryptocurrency holdings toward a home purchase without selling them upfront. [Read more…] about APX Lending Plans Bitcoin-Backed Mortgages for Canadian Homebuyers
Loon Advances CADC Stablecoin With National Offering Milestone
Calgary’s Loon Payments has reached a milestone in bringing its Canadian-dollar stablecoin to users across the country. [Read more…] about Loon Advances CADC Stablecoin With National Offering Milestone
Bizcap Secures $175 Million to Expand North American Funding
Bizcap has secured a $175 million credit facility to expand its small business financing operations across Canada and the United States. [Read more…] about Bizcap Secures $175 Million to Expand North American Funding
Dext Connects Accounting Data to Claude, ChatGPT and Copilot
Dext has launched AI Connector, a new feature that lets accounting and bookkeeping practices query their Dext data through Claude, ChatGPT and Microsoft Copilot. [Read more…] about Dext Connects Accounting Data to Claude, ChatGPT and Copilot
Brim Financial Partners with Manulife Bank to Modernize Credit Cards and Payments
Toronto-based Brim Financial has announced a partnership with Manulife Bank to transition its credit card portfolio and modernize its payments platform. [Read more…] about Brim Financial Partners with Manulife Bank to Modernize Credit Cards and Payments
Credit Unions Back Neo Financial’s $185 Million ATB-Led Facility
Calgary-based Neo Financial has closed a $185-million syndicated warehouse facility led by ATB Financial, with participation from four Canadian credit unions. [Read more…] about Credit Unions Back Neo Financial’s $185 Million ATB-Led Facility