Search Results for: ai

Formic AI’s CEO on Launching in Canada and Making AI Safe for High-Stakes Environments

As more financial institutions, insurers and public sector organizations look to integrate artificial intelligence into their day-to-day operations, the pressure is on to make sure these tools are not only smart, but safe. [Read more…] about Formic AI’s CEO on Launching in Canada and Making AI Safe for High-Stakes Environments

Flair Airlines has announced a new strategic partnership with global payments provider Elavon, a move that the Edmonton-based carrier says will help fuel its next phase of growth and reinforce its position as a challenger in Canada’s aviation sector. [Read more…] about Flair Airlines Partners with Elavon to Strengthen Payment Infrastructure and Support Growth

Earning a unique badge of honour, Shopify has now become both the first—and the second—publicly traded company in Canada to achieve a $300 billion market capitalization. [Read more…] about Shopify Tops $300B Market Cap (Again) to Become Canada’s Biggest Public Firm

A Toronto-based mobile platform targeting quality-of-life for high-rise residents in Canada has launched what it described as the country’s first AI-powered rent-reporting program. [Read more…] about Zonetail and FUTR Collab to Launch AI Rent Reporting Tool for Building Credit

The Toronto-Dominion Bank continues its pursuit of advanced artificial intelligence technologies.

TD this week announced that it has officially become a member of the Massachusetts Institute of Technology’s Media Lab. [Read more…] about TD Joins ‘sAIpien’ Program at MIT to Innovate ‘Human-Centric AI’ for Banking

A startup based out of New Brunswick is rethinking how small businesses perform financial forecasting and pursue fundraising.

Profitual targets founders, accelerators, and venture capitalists alike with its artificially intelligent platform that automates financial modelling, generates investor-ready reports, benchmarking, and more. [Read more…] about Fredericton Fintech Boosts Fundraising for Startups with AI-Powered Toolkit

Toronto’s Renda is emerging as one of the first Canadian startups to build a conversational, AI-powered banking experience that unifies checking, savings, credit, and automation into one seamless platform. [Read more…] about Renda Builds Canada’s First Conversational, AI-Powered Bank

Calgary fintech startup Loon has secured $3 million in pre-seed financing to develop a Canadian-dollar-backed stablecoin designed to operate under domestic regulation, marking a significant step toward sovereign digital payment infrastructure in Canada. [Read more…] about Loon Raises $3 Million to Build Canada’s First Regulated Stablecoin

The Bank of Canada this month unveiled the initial selection of registered payment service providers.

These service providers—300 so far and counting—will gain access to key financial infrastructure such as real-time payment rails for simpler money transfers through Payments Canada via an open banking framework when it finally launches. [Read more…] about Open Banking in Canada is Closer Than Ever as Retail Payments Act Advances