San Francisco-headquartered fintech giant Plaid is planning to increase its focus on Canada, as the country’s impending implementation of an open banking system promises to accelerate the growth of third-party financial apps and services. [Read more…] about With Open Banking On The Horizon, Silicon Valley’s Plaid Looks To Canada
Search Results for: open banking
Xero Partners with Flinks to Revolutionize Banking Data Access for Small Businesses
Xero, the global small business platform, today announced it is partnering with Montreal’s Flinks to give small businesses in Canada and the United States secure access to more than 20 direct bank connections and high quality transaction data. [Read more…] about Xero Partners with Flinks to Revolutionize Banking Data Access for Small Businesses
Toronto Fintech Recognized by Gartner for AI-Powered Banking Solution
Since spinning out of Deloitte in 2020, Arteria has experienced significant momentum, including a tripling of recurring revenue within the past year.
The Toronto-based financial technology firm has also raised $50 million toward its mission of improving documentation processes at scale using generative artificial intelligence. [Read more…] about Toronto Fintech Recognized by Gartner for AI-Powered Banking Solution
Fintechs Demand Government Upgrade Canada’s Banking System
Canadian businesses lose several billion dollars per year to payment processing fees, according to a report from Payments Canada. And many Canadians pay more in fees than their bank accounts generate in savings, a RateHub survey discovered. [Read more…] about Fintechs Demand Government Upgrade Canada’s Banking System
Canadian Fintech Joins Google Accelerator to Unlock Banking for Immigrants
Statistics Canada this year performed an analysis based on a linkage between the Canadian Employer–Employee Dynamics Database, the Census of Population, and the National Household Survey.
For the first time, StatsCan data provided an opportunity for granular analysis of trends in business ownership by racial profile. [Read more…] about Canadian Fintech Joins Google Accelerator to Unlock Banking for Immigrants
Canadians Shift Toward Digital Banking with Eye on Security and Value
Although awareness of tech-forward banking remains low in Canada, recent research conducted by the Canadian Prepaid Providers Organization suggests a consumer shift among younger Canadians toward digital payments and banking, exposing a growing digital divide across demographic lines. [Read more…] about Canadians Shift Toward Digital Banking with Eye on Security and Value
Q+A with Fintel Connect Founder Nicky Senyard on Banking as a Service
Banking as a Service (BaaS) is a business model that allows banks to offer white labelled banking processes to fintechs and other corporations through the bank’s secure and regulated infrastructure. [Read more…] about Q+A with Fintel Connect Founder Nicky Senyard on Banking as a Service
Banking as a Service: The Future of Financial Innovation in Canada
Banking as a Service is a rising financial technology model that you may not have heard of, but has probably impacted your life in some way. In today’s digital age, people expect everything to be available at their fingertips, including banking. [Read more…] about Banking as a Service: The Future of Financial Innovation in Canada
Binance Delivers First Crypto & Blockchain Workshop for Law Enforcement & Banking Authorities in Calgary
Binance, the world’s leading blockchain, and cryptocurrency infrastructure provider, delivered a workshop on cryptocurrency and blockchain technology for law enforcement and banking professionals today in Calgary. [Read more…] about Binance Delivers First Crypto & Blockchain Workshop for Law Enforcement & Banking Authorities in Calgary
The Future of Money – Key Takeaways For Modern Banking In Canada
The financial services sector today is facing a unique set of challenges as innovative new technologies and expectations from digitally native customers run up against risk management constraints and regulatory requirements. [Read more…] about The Future of Money – Key Takeaways For Modern Banking In Canada