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RBC Surveys Canadians On Cyber Security Threats

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In the first major survey of Canadians’ attitudes to cyber security and the financial industry, RBC partnered with Ipsos to survey more than 2,000 Canadians on their cyber knowledge to gain more insight into Canadians’ concerns about cyber security and the steps they can take to protect themselves. [Read more…] about RBC Surveys Canadians On Cyber Security Threats

Finance Montréal Launches Sixth Edition of the Canada FinTech Forum

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The Canada FinTech Forum takes place from October 29th to 31st at the Palais des Congrès de Montréal with more than 70 speakers will be there to discuss this year’s theme, “Open Innovation in Financial Services”. [Read more…] about Finance Montréal Launches Sixth Edition of the Canada FinTech Forum

Slice Labs Raises US$20 Million in Extended Series A funding

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Ottawa’s Slice Labs, a provider of cloud-based solutions for the on-demand insurance space, has raised US$20 million in its most recent funding round.

The Series A funding round was led by Canadian insurer The Co-operators – an important development following the company’s launch of its first-ever on-demand insurance product for homesharing hosts under the new duuo label.

Other investment participants included XL Innovate, Horizons, Munich Re/HSB Ventures, Sompo, Veronorte, the investment arm of Grupo Sura, and JetBlue Technology Ventures.

Together with the latest round, Slice’s total series A funding is now at US$31.6 million.

According to a press release from Slice Labs, the extended funding round will be used to globalize its Insurance Cloud Services (ICS).

“The ICS platform is rapidly growing as insurers increasingly realize the need to engage a cloud-based platform and the competitive edge a fully digital on-demand insurance offering provides,” commented Slice Labs CEO Tim Attia. “This exceptional bench of new and returning investors will be a tremendous asset as we continue scaling our business and experimenting with the unmatched potential of digital insurance.”