Your Source for Canadian Fintech News
More Canadians feel vulnerable to fraudsters and identity theft than ever before, according to a recent survey.
The data, collected by Equifax for Fraud Prevention Month, revealed 97% of Canadians feel vulnerable to fraud. [Read more…] about Battered by ‘Fraud Fatigue,’ Canadians Fight Back Against Online Identity Theft
It is estimated that more than three million people aged 18-plus in Canada are “credit invisible,” according to Equifax, one of the largest consumer credit reporting agencies.
Being credit invisible means these individuals either do not have a credit file or the credit information on file is insufficient to generate credit scores, which can make life challenging. An additional seven million may have two or less credit accounts on their credit file, which is considered limited credit history—a “thin” credit file, according to Equifax. [Read more…] about Rent Reporting Platforms a Game-Changer for Tenants in Canada, Equifax Data Shows
Toronto’s Ario has announced a $10 million investment from Purpose Financial LP to expand its banking-as-a-service technology platform supporting small- and medium-sized enterprises. [Read more…] about Purpose Financial Invests $10 Million in Ario’s Banking-as-a-Service Technology
Equifax and Thinking Capital today announced the launch of BillMarket, an innovative solution that brings together a small business credit grade and financing application designed specifically for Canadian small businesses. [Read more…] about Equifax and Thinking Capital Team Up for BillMarket
