Canada’s banking landscape is in the midst of a quiet transformation — one powered not by credit, but by prepaid. This fall, EQ Bank announced that Canadians have loaded more than $1 billion onto its prepaid Mastercard since launch, marking a major milestone for both the digital-only bank and a payments category once considered niche. [Read more…] about EQ Bank Hits $1B Reload Milestone as Prepaid Cards Redefine Consumer Finance
EQ Bank
EQ Bank Enters Business Banking with Digital-First Platform
EQ Bank has officially launched its Business Banking platform, expanding its digital challenger model to small business owners across Canada. [Read more…] about EQ Bank Enters Business Banking with Digital-First Platform
EQ Bank CEO Andrew Moor Passes Away; Chadwick Westlake Named Successor
EQ Bank is preparing for a significant leadership change following the unexpected passing of its longtime President and CEO, Andrew Moor. [Read more…] about EQ Bank CEO Andrew Moor Passes Away; Chadwick Westlake Named Successor
Loop Launches Canada’s First SME-Focused Cross-Border Visa Card
Toronto-based fintech Loop has introduced the Loop Global Visa Card, Canada’s first corporate credit card designed specifically for small and medium-sized enterprises (SMEs) to streamline cross-border purchasing. [Read more…] about Loop Launches Canada’s First SME-Focused Cross-Border Visa Card
Rapidly Growing EQ Bank Adopts Tech to Streamline User Experience
Identity platform Trulioo announced today partnership with an organization that Forbes recently named the best online bank in Canada (and not for the first time). [Read more…] about Rapidly Growing EQ Bank Adopts Tech to Streamline User Experience
EQ Bank Partners With Flinks To Deliver On Open Banking
EQ Bank, powered by Equitable Bank, has partnered with Flinks to provide EQ Bank customers with the ability to share their financial data securely with third-party fintech applications of their choosing. [Read more…] about EQ Bank Partners With Flinks To Deliver On Open Banking
EQ Bank Named Top Bank In Canada For Second Year In A Row
EQ Bank has been named the top Schedule I bank in Canada for the second year in a row on the Forbes list of World’s Best Banks 2022. [Read more…] about EQ Bank Named Top Bank In Canada For Second Year In A Row