Toronto fintech startup Casa is partnering with one of Canada’s biggest banks. [Read more…] about Casa Collabs with Scotiabank to Help Renters ‘Unlock Meaningful Value’
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.
How TD Is Scaling AI Across Banking
Artificial intelligence (AI) is changing the way we work, bank, and live. In 2025, TD recognized an opportunity to leverage AI-led innovation to enhance their client’s experience. [Read more…] about How TD Is Scaling AI Across Banking
BMO to Launch Blue Rewards as Part of ‘Streamlined Digital Experience’
One of Canada’s largest banks is overhauling their rewards system.
Bank of Montreal, the country’s third largest bank, is revamping their iconic Air Miles rewards program in favour of a forthcoming proprietary system called Blue Rewards. [Read more…] about BMO to Launch Blue Rewards as Part of ‘Streamlined Digital Experience’
TD Joins ‘sAIpien’ Program at MIT to Innovate ‘Human-Centric AI’ for Banking
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
TD Bank is Rolling Out an Army of AI Assistants to Help Empower Workforce
TD Bank Group this week launched a new Wealth Virtual Assistant.
TD’s latest digital assistant is a generative artificial intelligence Knowledge Management System built by the Canadian bank’s Layer 6 team. [Read more…] about TD Bank is Rolling Out an Army of AI Assistants to Help Empower Workforce
RBC Warns That AI Tech is Giving Rise to ‘Increasingly Sophisticated Threats’
Canada’s largest financial institution is warning citizens that, while artificial intelligence tools are useful for productivity, there is a dark side to the technology.
The Royal Bank of Canadas this week noted that AI tech “has also become a weapon for cyber criminals who are targeting Canadians’ personal data with increasingly sophisticated threats.” [Read more…] about RBC Warns That AI Tech is Giving Rise to ‘Increasingly Sophisticated Threats’
RBC and BMO Reportedly Seeking to Sell Payments Giant Moneris for $2B
Moneris may be for sale with an approximate $2 billion price tag, a report this week alleges. [Read more…] about RBC and BMO Reportedly Seeking to Sell Payments Giant Moneris for $2B
RBC Unveils ‘The Future of Banking’ with Launch of ATOM Across Organization
Canada’s largest bank recently unveiled the details around a new technological advancement. [Read more…] about RBC Unveils ‘The Future of Banking’ with Launch of ATOM Across Organization
Fiserv Strikes Major Deal with TD Bank to ‘Increase Commitment’ in Canada
Fiserv has signed a multi-year deal with TD Bank Group, the Fortune 500 company announced, including an agreement to acquire a part of TD’s merchant processing business in Canada. [Read more…] about Fiserv Strikes Major Deal with TD Bank to ‘Increase Commitment’ in Canada
BMO Launches ‘Financial Progress’ App to Equip Canadians with Digital Tools for Building Wealth
One of North America’s biggest banks this month launched a digital goal-planning platform to help clients create personalized strategies toward achieving financial milestones. [Read more…] about BMO Launches ‘Financial Progress’ App to Equip Canadians with Digital Tools for Building Wealth