Financial strength was certainly a key part of Coinbase’s quarterly earnings report this week. [Read more…] about Coinbase Makes Progress Toward Achieving ‘Regulatory Clarity’ in Canada
News
CIBC Unveils Deepened Commitment to Advancing and Adoption AI Technology
Like TD Bank, the Canadian Imperial Bank of Commerce is openly interested in artificial intelligence technology.
CIBC announced this week, for example, a strengthening of its relationship with the Vector Institute. [Read more…] about CIBC Unveils Deepened Commitment to Advancing and Adoption AI Technology
Fintechs Suffer Hardest in Canada from Cyber Attacks, IBM Report Reveals
IBM’s 2024 Cost of a Data Breach Report highlighted this week that Canadian organizations face an average cost of more than $6 million per data breach, much higher than the global average of less than $5 million, as “breaches grow more disruptive and further expand demands on cyber teams.” [Read more…] about Fintechs Suffer Hardest in Canada from Cyber Attacks, IBM Report Reveals
Gen Z is Tapping into AI for Help with Finance and Investing, BMO Index Finds
A growing number of Canadians are using artificial intelligence technology to help manage their finances and investments. [Read more…] about Gen Z is Tapping into AI for Help with Finance and Investing, BMO Index Finds
When It Comes to Moving Money Online, Fraud Remains a Concern for Canadians
Nearly 15% of Canadians have experienced payment fraud in just the past six months, new data suggests, prompting concern about the risk of cyber finance. [Read more…] about When It Comes to Moving Money Online, Fraud Remains a Concern for Canadians
Peoples Group Names Will Keliehor Chief Client Officer
This week Peoples Group announced the appointment of Will Keliehor as Chief Client Officer. [Read more…] about Peoples Group Names Will Keliehor Chief Client Officer
Airwallex Partners with Float to Streamline Bill Payments for Canadian Businesses
Global payments and financial platform Airwallex today announced a partnership with Float, one of Canada’s fastest-growing B2B fintechs, to enable fast and cost-effective bill payments for both domestic and overseas transactions. [Read more…] about Airwallex Partners with Float to Streamline Bill Payments for Canadian Businesses
Uplinq Named Finalist for 2024 Finovate Award in AI Innovation
Toronto’s Uplinq Financial Technologies has been named a finalist for a 2024 Finovate Award in the Most Impactful AI-Based Solution category. [Read more…] about Uplinq Named Finalist for 2024 Finovate Award in AI Innovation
VoPay and Sage Partner to Enhance Payroll Efficiency for SMBs with Embedded Payment Solutions
Vancouver-headquartered VoPay, a leading provider of embedded payment solutions, has forged a strategic partnership with Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs). [Read more…] about VoPay and Sage Partner to Enhance Payroll Efficiency for SMBs with Embedded Payment Solutions
Financeit Launches Direct-to-Consumer Loan Program for Home Improvement Projects
Canadian point-of-sale financing leader Financeit has launched its first direct-to-consumer personal loan program in the home improvement lending space. [Read more…] about Financeit Launches Direct-to-Consumer Loan Program for Home Improvement Projects