Canada’s major banks and telecom providers are joining forces through a new platform designed to help identify repeat fraud across institutions.
Launched this week, the Cross-Sector Anti-Fraud Exchange (CSAFE) was developed by EnStream following a pilot involving CIBC and Rogers. Founding participants include Bell, BMO, CIBC, Desjardins, National Bank, RBC, Rogers Communications, Scotiabank and TELUS. [Read more…] about Canadian Banks and Telecoms Launch Shared Anti-Fraud Exchange
Canada’s five largest financial institutions have cracked the 2026 edition of the the Evident AI Index for Banks. [Read more…] about Canadian Banks Rank High for ‘AI Maturity’ as Deployment Accelerates
Two of Canada’s biggest banks are joining Project Agorá. [Read more…] about BMO, CIBC Join Project Agorá to ‘Shape Future of Cross-Border Payments’
Six of the largest banks in Canada revealed this week that they are jointly exploring the development of Canadian dollar based digital money solutions. [Read more…] about Canada’s Big Six Banks Agree to Collab on Dollar-Based ‘Digital Money Solution’
Radical Ventures this week announced the first close of the ambitious Radical Breakouts Fund, and it is being described as the largest venture capital fund in the history of Canada. [Read more…] about Canada’s Largest Venture Capital Fund Wants AI Innovation to Scale at Home
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.
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
A major Canadian bank has renewed a longstanding strategic partnership with one of the country’s primary nonprofit research institutes focused on artificial intelligence technologies. [Read more…] about BMO and Vector Institute to Deepen Collaboration Around AI Innovation
TD ranks as Canada’s most valuable brand for the fourth year in a row, according to Brand Finance’s Canada 100 2026 Report. [Read more…] about Big Banks Rank Among Upper Echelon of Canada’s Most Valuable Brands
Neo Financial is entering the institutional capital markets space for the first time. [Read more…] about Neo Enters Institutional Capital Markets Space with Support from BMO and SAF
