Canada

February 26, 2025 @ 10:33 pm By Omar Faridi  |  

Akur8, the insurance pricing and reserving solution powered by machine learning is pleased to announce the expansion of their alliance with Deloitte Canada. Building on a collab since 2021, Deloitte said it will now leverage Akur8’s solutions for both pricing and reserving, marking a milestone… Read More

February 26, 2025 @ 11:33 am By Omar Faridi  |  

Mastercard’s (NYSE: MA) range of fraud detection tools and solutions help protect and ensure payment security for consumers and businesses. In an evolving digital world, fraud threats seem to be coming from every direction, making it “challenging for Canadians to feel and remain secure.” Launching… Read More

February 25, 2025 @ 4:04 pm By JD Alois  |  

Canada has struggled in recent years due to a moribund economy, high taxes, and expensive housing. While political changes are just down the road, for most people a change in government cannot come soon enough. Perhaps in response to a challenging economic environment, Canadians are… Read More

February 25, 2025 @ 10:37 am By JD Alois  |  

DealMaker founder and CEO Rebecca Kacaba is scheduled to testify this week in front of the Capital Markets Subcommittee, part of the House Financial Services Committee. Kacaba will be joined by others to discuss capital formation for smaller firms. The hearing is entitled The Future… Read More

February 24, 2025 @ 1:33 pm By Omar Faridi  |  

Canadians are divided in embracing evolving technologies that have the potential to change their shopping experiences along with how they pay and get paid. This, according to an update from Payments Canada. Concerns around security, lack of familiarity and a sense of contentment with existing… Read More

February 23, 2025 @ 5:16 pm By Omar Faridi  |  

TMX VettaFi, an indexing, digital distribution, analytics and thought leadership company and TMX Group subsidiary, announced the acquisition of Credit Suisse‘s Bond Indices from UBS, enhancing its fixed income index capabilities. Tom Hendrickson, President, TMX VettaFi said: “We are excited to announce another significant step… Read More

February 21, 2025 @ 5:00 pm By Omar Faridi  |  

Sol Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, announced its selection as an approved staking provider for Tetra Trust, Canada’s First Licensed Digital Asset Trust Company. This integration reportedly enables Tetra’s institutional clients, “including 3iQ’s… Read More

February 21, 2025 @ 3:28 pm By Omar Faridi  |  

Canada’s economy appears to be at a crossroads with its unique set of challenges, and Stephen Poloz, former Governor of the Bank of Canada, has expressed concerns. In a speech delivered on February 5, 2025, at the Canadian Club Toronto, Poloz emphasized the fragile and… Read More

February 20, 2025 @ 10:15 am By Omar Faridi  |  

Glassbox, a Toronto-based fintech startup, announced that it raised $1.2 million in pre-seed funding in order to “reimagine” how finance teams work with spreadsheets in the age of AI (artificial intelligence). The investment round was led by FinTech Collective (New York) and StandUp Ventures (Toronto),… Read More

February 16, 2025 @ 6:34 pm By Omar Faridi  |  

BIGG Digital Assets Inc., an innovator in the digital assets space and owner of Netcoins, Blockchain Intelligence Group, and TerraZero, is pleased to announce that Blockchain Intelligence Group (BIG) has acquired and renewed contracts with government agencies as well as law enforcement organizations. BIG is… Read More

February 13, 2025 @ 5:14 pm By Omar Faridi  |  

Xero, a global small business platform, has released its quarterly Xero Small Business Insights (XSBI) data for Canada, providing a comprehensive snapshot of the health of the small business sector. The latest data, which covers the period from July to September 2024, reveals that while… Read More

February 12, 2025 @ 9:57 pm By Omar Faridi  |  

Inovatec Systems, a provider of loan origination and management solutions for lenders, has announced an agreement with Dabadu, a Canadian dealer CRM platform. This partnership will integrate Inovatec’s Propel portal into Dabadu CRM, a solution that enables auto dealers to manage various aspects of their… Read More

February 10, 2025 @ 1:10 pm By Omar Faridi  |  

Bitdeer Technologies Group (NASDAQ: BTDR), a tech company for blockchain and high-performance computing, announced the close of the acquisition of a “fully” licensed and permitted 101 MW site and gas-fired power project situated on 19 acres of land near Fox Creek, Alberta in “an all-cash… Read More

February 8, 2025 @ 12:52 pm By Omar Faridi  |  

Mastercard (NYSE: MA) has recently unveiled the newest recipients of the Mastercard x Pier Five Small Business Fund. The Fund grants $10,000 CAD to 10 Canadian women small business owners alongside “support to grow and scale their businesses.” Recipients receive a Priceless experience in Toronto… Read More

February 8, 2025 @ 10:49 am By Omar Faridi  |  

A five-count criminal indictment was unsealed in federal court in New York charging a Canadian man with “exploiting vulnerabilities” in decentralized finance protocols to “fraudulently obtain about $65 million from the protocols’ investors.” According to court documents, from 2021 to 2023, Andean Medjedovic, 22, allegedly… Read More

February 6, 2025 @ 11:13 am By Omar Faridi  |  

BMO, in partnership with FISPAN, announced the launch of BMO Sync, a solution that integrates BMO Online Banking for Business services into Enterprise Resource Planning (ERP) and accounting systems such as QuickBooks Online, Sage Intacct, and other leading ERPs. This solution enables Online Banking for… Read More

February 2, 2025 @ 6:31 pm By Omar Faridi  |  

Purpose Investments Inc., the firm behind the world’s “first” Bitcoin ETF and Ether ETFs, says it is further solidifying its presence in the digital asset space with the filing of a preliminary prospectus with Canadian securities regulators for the proposed launch of the Purpose Ripple… Read More

February 2, 2025 @ 5:35 pm By Omar Faridi  |  

Jude Pinto, Chief Delivery Officer at Payments Canada, provides a quarterly update on the Real-Time Rail (RTR), sharing the program’s progress to date and future direction over the coming 3 months. Since their update in Q4 2024, Payments Canada and their delivery partners, CGI, IBM… Read More

January 28, 2025 @ 10:32 pm By Omar Faridi  |  

Nuvei Corporation, the Canadian fintech company, announces an expansion in Asia-Pacific (APAC), having completed the acquisition of Paywiser Japan Limited, including its acquiring license granted by the Japanese Ministry of Economy, Trade and Industry. The license enables Nuvei to progress with launching direct acquiring capabilities… Read More

January 19, 2025 @ 10:14 am By Omar Faridi  |  

Sol Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, is announcing the launch of its new mobile application from Orangefin Ventures LLC, a recent acquisition and provider of non-custodial staking solutions known for performance and security…. Read More