Another Canadian crypto player is taking a run at acquiring Toronto-based Canadian crypto asset management firm Arxnovum Investments. [Read more…] about VirgoCX Makes a Move: Acquiring Crypto Asset Management Firm Arxnovum
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Shopify Announces Major Layoffs in Return to Singular Focus on ‘Main Quest’
Last year, after laying off 1,000 employees, Shopify introduced a “flexible compensation” policy for employees and deleted meetings, among other changes. [Read more…] about Shopify Announces Major Layoffs in Return to Singular Focus on ‘Main Quest’
Montreal’s Diagram Raises $100 Million to Create, Fund Innovative Fintech
Diagram, a Montreal-based venture builder, has raised over $100 million in commitments from investors for its latest fund, Diagram Ventures III. [Read more…] about Montreal’s Diagram Raises $100 Million to Create, Fund Innovative Fintech
Short on Capital, Canadian Fintech Billi Labs Closes Doors
Last year, Fintech.ca reported on a Vancouver Island startup that was conceived in 2021 to help Canadians manage money and build credit. [Read more…] about Short on Capital, Canadian Fintech Billi Labs Closes Doors
TNS To Launch Financial Infrastructure Services For All Major Canadian Exchanges
Transaction Network Services (TNS), a global provider of networking solutions for the financial industry, announced today a series of partnerships that have resulted in the deployment of network connectivity in all major Canadian financial exchange markets. [Read more…] about TNS To Launch Financial Infrastructure Services For All Major Canadian Exchanges
Cheese Enlists Fintel Connect to Expand Access to Credit for Underserved Americans
While the United States has a highly developed financial system, financial inclusion is still a challenge for many Americans.
According to the Federal Deposit Insurance Corporation (FDIC), approximately 6.5% of U.S. households were unbanked in 2019, meaning they had no checking or savings account at a bank or credit union. [Read more…] about Cheese Enlists Fintel Connect to Expand Access to Credit for Underserved Americans
Aeroplan and Uber Canada Add New Ways to Earn Points Every Day
Aeroplan has announced a new evolution in its loyalty partnership with Uber Canada, offering members the opportunity to earn even more rewards. [Read more…] about Aeroplan and Uber Canada Add New Ways to Earn Points Every Day
RBC Wins Best Use of AI for Customer Experience for NOMI Forecast
RBC’s AI-powered tool, NOMI Forecast, has been recognized for “Best Use of AI for Customer Experience” at the 2023 Digital CX Awards hosted by The Digital Banker. [Read more…] about RBC Wins Best Use of AI for Customer Experience for NOMI Forecast
Bankers and Fintechs Join Forces to Explore Future of Finance in Canada
The banking sector is rapidly accelerating innovation, introducing Open Data, Risk Partnerships, Collection’s Technology, and more. [Read more…] about Bankers and Fintechs Join Forces to Explore Future of Finance in Canada
Woveo Leverages Group Power to Help Immigrants Build Credit in Canada
For immigrants to Canada, establishing a strong financial foundation can be a challenge. The system may not recognize their credit history, leaving them “invisible” to financial institutions upon arrival. [Read more…] about Woveo Leverages Group Power to Help Immigrants Build Credit in Canada