Last year, Moneris Solutions purportedly went up for sale with a $2 billion price tag.
Months following, the name of a potential buyer was whispered.
That educated speculation has now come to fruition. [Read more…] about RBC and BMO Agree to Sell Moneris Solutions to Francisco Partners for $2B
The Toronto-Dominion Bank has unveiled a “first among Canada’s financial institutions.”
TD this week launched a mobile-first experience dubbed “Digital Direct Deposit” to help clients set up or switch payroll deposits more easily and quickly than ever before. [Read more…] about TD Taps Atomic to Power Canada-First Direct Deposit Feature for Mobile App
Digital wallets now account for nearly one-third of all online spending in the country, a new report has found. [Read more…] about Digital Wallet Usage Grows in Canada as Credit Cards Dominate Landscape
Fraud was once constrained by the time and effort required to steal an identity, forge documents, and target individual institutions. Artificial intelligence and automation have dismantled many of those barriers. [Read more…] about Symcor’s Holger Kormann on Fighting Industrialized Fraud
The Global Transaction Banking Innovation Awards recently recognized some of Canada’s Big Banks.
CIBC won the Best Gen-AI Initiative award and the Best Digital Transformation Program award. [Read more…] about Big Bank Builds on Innovation Award with Launch of Multiple New AI Tools
One of the largest expenses facing Canadian homeowners can now help pay for their next trip. [Read more…] about Chexy Brings Aeroplan Points to Mortgage Payments
Canadian fintechs devote enormous attention to the parts of their products customers can see: the interface, features, pricing and brand.
But one of their most consequential decisions sits below the surface. [Read more…] about Your Fintech Is Only as Strong as Its Banking Partner
Scotiabank is expanding enterprise resources with the launch of new “knowledge agents.”
Fresh off an award win, the major Canadian bank is launching the agents through Scotia Intelligence, the company’s unified approach to data and AI. [Read more…] about Scotiabank Adds Suite of ‘Knowledge Agents’ to Bolster Enterprise AI Platform
As Canadian businesses contend with rising costs, overdue invoices and tariff-related uncertainty, access to flexible working capital is becoming increasingly important. [Read more…] about KEO Capital Brings Integrated B2B Financing and Payments to Canada
Wealthsimple recorded approximately $17 billion in net inflows during the second quarter of 2026 as demand for its chequing and spending products accelerated. [Read more…] about Wealthsimple Draws $17 Billion as Chequing Becomes a Growth Engine
