Since 2021, Mydoh has helped teenagers in Canada make smarter choices around money. [Read more…] about Mydoh Helps 300,000 Young Canadians Develop Money Management Skills
Big Five
Follow the latest fintech news from Canada’s Big Five Banks: RBC, TD, Scotiabank, BMO, and CIBC. Explore their investments, partnerships, product launches, leadership moves, and evolving use of artificial intelligence and other financial technologies.
RBC and BMO Are Selling Moneris. Helcim’s $53-Million Raise Shows Another Path.
The news that Moneris is being acquired has triggered a familiar Canadian refrain: outrage after a strategic asset is headed south. [Read more…] about RBC and BMO Are Selling Moneris. Helcim’s $53-Million Raise Shows Another Path.
Scotiabank Taps TD AI Chief Luke Gee for New Enterprise Role
Scotiabank has recruited one of TD Bank Group’s top artificial intelligence executives to lead its expanding data and AI strategy. [Read more…] about Scotiabank Taps TD AI Chief Luke Gee for New Enterprise Role
RBC Garners Accolade for Modernizing Retail Credit Underwriting with AI Tech
Following success at Digital Banker’s Global Transaction Banking Innovation Awards, the Royal Bank of Canada was recently recognized by the 2026 IDC CIO Awards. [Read more…] about RBC Garners Accolade for Modernizing Retail Credit Underwriting with AI Tech
RBC and BMO Agree to Sell Moneris Solutions to Francisco Partners for $2B
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
TD Taps Atomic to Power Canada-First Direct Deposit Feature for Mobile App
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
Scotiabank Adds Suite of ‘Knowledge Agents’ to Bolster Enterprise AI Platform
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
Global Awards Recognize Canadian Banks for Digital Innovation, Technology
The Global Transaction Banking Innovation Awards recently recognized some of Canada’s Big Banks. [Read more…] about Global Awards Recognize Canadian Banks for Digital Innovation, Technology
Trust Science to Power Loan Decisions for TD with Proprietary Fintech
One of Canada’s big banks is tapping into the technology of Trust Science.
Edmonton’s Trust Science offers an AI-powered credit decisioning and risk management platform for North American financial institutions. [Read more…] about Trust Science to Power Loan Decisions for TD with Proprietary Fintech
TD’s Rizwan Khalfan on Building a Banking App That Does More Than Bank
For years, mobile banking apps have been judged by how efficiently they let customers complete everyday tasks: check a balance, move money, pay a bill, or review a transaction. [Read more…] about TD’s Rizwan Khalfan on Building a Banking App That Does More Than Bank