Fintechs Canada and Wealthsimple are welcoming a federal proposal to ban investment account transfer-out fees, while urging provinces to extend similar protections to financial providers they oversee. [Read more…] about Fintechs Welcome Ottawa’s Proposed Ban on Investment Transfer Fees
Fintechs Canada
Fintechs Canada Appoints Seven New Board Members to Drive Innovation and Policy
Established in May 2019 as a not-for-profit member association, Fintechs Canada serves as the collective voice for fintechs in Canada. [Read more…] about Fintechs Canada Appoints Seven New Board Members to Drive Innovation and Policy
Fintechs Demand Government Upgrade Canada’s Banking System
Canadian businesses lose several billion dollars per year to payment processing fees, according to a report from Payments Canada. And many Canadians pay more in fees than their bank accounts generate in savings, a RateHub survey discovered. [Read more…] about Fintechs Demand Government Upgrade Canada’s Banking System
Paytechs of Canada Rebrands as Fintechs Canada
Not-for-profit association Paytechs of Canada has rebranded as Fintechs Canada.
The member-based organization representing everything from fintech startups to fintech-friendly financial institutions is on a mission to advance a whole-of-government approach to supporting Canada’s emerging fintech ecosystem. [Read more…] about Paytechs of Canada Rebrands as Fintechs Canada