From nearly 150 applicants and twenty five selected companies, the second annual Digital Commerce Bank Calgary Fintech Awards are nearing the homestretch with just 12 finalists now competing for the crown title. [Read more…] about 12 Canadian Fintech Startups That Should Be On Your Radar This Fall
Navigating Open Banking: Canada’s Journey Toward Implementation and the Road to a Hybrid Model
Open Banking is a globally growing financial services trend that enables financial data to be shared, with the consent of the consumer, with authorized third-party service providers (TPPs). It is intended to be a more secure framework for data sharing through secure channels such as Application Programming Interfaces (APIs), moving away from current data sharing methods such as screen scraping and credential sharing. [Read more…] about Navigating Open Banking: Canada’s Journey Toward Implementation and the Road to a Hybrid Model
TTC Partners with Moneris to Introduce Credit and Debit Card Options
The Ontario government is making it easier to take transit by giving riders more ways to pay on the Toronto Transit Commission (TTC). Riders can now use credit or debit cards to pay fares, including cards on a smartphone or smartwatch. [Read more…] about TTC Partners with Moneris to Introduce Credit and Debit Card Options
Canadian Fintech Investment Drops To Pandemic-era Levels
Investment in Canadian fintech companies dropped three-fold in the first half of 2023 as valuations continued to slide to levels not seen since the beginning of the COVID-19 pandemic, driven primarily by macroeconomic concerns, according to KPMG in Canada. [Read more…] about Canadian Fintech Investment Drops To Pandemic-era Levels
Coinbase Accelerates International Expansion with Official Launch in Canada
Today, Coinbase announced its Canadian expansion with a series of new offerings that demonstrate its commitment to Canada as a priority Go Deep market. [Read more…] about Coinbase Accelerates International Expansion with Official Launch in Canada
Wealthsimple Adds Stock Lending to Growing Suite of Financial Features
After entering the crypto scene last year, Toronto’s Wealthsimple this year added even more ways for Canadians to save and invest, including private credit opportunities for retail investors and enhanced cash holding features. [Read more…] about Wealthsimple Adds Stock Lending to Growing Suite of Financial Features
Neo Financial Launches Credit Card Program with Cathay Pacific
Calgary’s Neo Financial and Cathay Pacific have partnered to launch a new card program created for Canadian consumers who love to travel. [Read more…] about Neo Financial Launches Credit Card Program with Cathay Pacific
Tetra Partners with Figment to Bring Staking Services to Canada
Calgary’s Tetra Trust, a leading Canadian provider of crypto custody, has partnered with Figment, a global expert in staking solutions, to provide digital asset staking services to institutional clients in Canada. [Read more…] about Tetra Partners with Figment to Bring Staking Services to Canada
Klarna Takes Canada by Storm with Over 640,000 Active Consumers
Global Buy Now, Pay Later leader Klarna is making some serious strides in Canada. [Read more…] about Klarna Takes Canada by Storm with Over 640,000 Active Consumers
Scotiabank Partners with Nova Credit to Revolutionize Newcomer Access to Financial Services
Canada is home to over eight million immigrants and will welcome nearly 1.5 million permanent residents over the next three years. More than 1 in 5 Canadian residents are foreign-born, and government figures show that more than 95% of the country’s population growth last year was due to international migration. [Read more…] about Scotiabank Partners with Nova Credit to Revolutionize Newcomer Access to Financial Services