Canada

September 21, 2025 @ 2:17 pm By Tony Zerucha  |  

While large retail and investment banks go all in on AI, Canadian credit unions are taking a different approach to implementing the technology, according to a new report released today. Part 2 of the two-part Banking Disruption Index from global AI and digital transformation company… Read More

September 19, 2025 @ 12:05 pm By JD Alois  |  

The Royal Canadian Mounted Police (RCMP) has announced that it seized CDN $56 million from TradeOgre, a crypto exchange. The RCMP claims that TradeOgre “contravened Canadian laws and regulations,” failing to register with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). The RCMP… Read More

September 19, 2025 @ 8:53 am By Omar Faridi  |  

As the global financial sector evolves, stablecoins are emerging as a potentially disruptive force, challenging traditional banking systems and sparking debates about their impact. Recent discourse, fueled by posts on social media and detailed analyses from Coinbase, suggests that the banking industry’s alarm over “deposit… Read More

September 17, 2025 @ 12:36 pm By Omar Faridi  |  

Tether, the issuer of the world’s largest stablecoin in terms of market cap and overall adoption, has played a pivotal role in helping Canadian law enforcement recover 460,000 USDT—equivalent to about $640,000 CAD—from an investment scam targeting an Ontario resident. The operation, executed by the… Read More

September 14, 2025 @ 8:56 pm By Omar Faridi  |  

Accenture (NYSE: ACN) announced pivotal developments that underscore its commitment to product development across Latin America and other regions along with ensuring adequate security across its solutions. Recently, Accenture partnered with Google Cloud to transform Brazil’s energy landscape alongside Eneva, a private natural gas operator…. Read More

September 10, 2025 @ 8:35 am By Omar Faridi  |  

Archax, the UK regulated digital asset exchange, custodian, and brokerage, which also has Exchange permissions in Europe, announced the launch of its Pool Token functionality on the Hedera Network. This functionality facilitates “on-chain, multi-asset portfolio or basket creation by putting a range of tokenised assets… Read More

September 9, 2025 @ 2:16 pm By Omar Faridi  |  

Wealthsimple, a Canadian Fintech company, disclosed a data security incident that compromised the personal information of a small fraction of its three million clients. The breach, which affected fewer than 1% of its user base—approximately 30,000 customers—exposed sensitive details such as Social Insurance Numbers (SINs),… Read More

August 30, 2025 @ 4:35 pm By Omar Faridi  |  

In the fast-paced world of small business ownership, taking time to pause and celebrate achievements—big or small—can sometimes feel like a waste of time or not that meaningful. Yet, research from Xero, the global small business platform, underscores the tangible benefits of acknowledging these moments…. Read More

August 25, 2025 @ 4:31 pm By Omar Faridi  |  

In the first half of 2025, Canadian Fintechs demonstrated resilience, securing US$1.62 billion across 60 deals, according to KPMG International’s Pulse of Fintech H1’25 report. While this figure marks a significant decline from the record-breaking US$7.5 billion invested in the second half of 2024 and… Read More

August 25, 2025 @ 6:57 am By Tony Zerucha  |  

Zum Rails – an instant payments ecosystem and embedded finance provider, has launched its new suite of Mastercard–powered prepaid card programs across most of Canada, save for British Columbia.   These reloadable cards will enable businesses to offer expense management, wage access, consumer rewards, and… Read More

August 24, 2025 @ 11:55 am By Omar Faridi  |  

Canada’s payment ecosystem is undergoing a significant shift, driven by Payments Canada’s ongoing modernization efforts. At the core of this transformation is the Real-Time Rail (RTR), a new national payment infrastructure set to enable instantaneous, data-rich transactions 24/7. Coupled with the adoption of the ISO… Read More

August 21, 2025 @ 10:47 am By JD Alois  |  

Polymath, a Canadian blockchain firm, has announced partnerships with two entities as it pursues a strategy of global expansion. According to a company statement, Polymath is now collaborating with Black Manta Capital Partners, ClycleX, and Patina Capital. Polymath explains that by working with the two… Read More

August 20, 2025 @ 5:22 am By Omar Faridi  |  

The Royal Bank of Canada (RBC) and Bank of Montreal (BMO), two of Canada’s financial institutions, are reportedly exploring the sale of their joint payments processing venture, Moneris Solutions Corporation, in a deal that could be valued at up to $2 billion. The potential divestiture,… Read More

August 19, 2025 @ 2:48 pm By Omar Faridi  |  

The Canadian Investment Regulatory Organization (CIRO), the national body overseeing investment dealers and trading activities, took decisive action last week by temporarily shutting down several of its systems in response to a detected cybersecurity threat. This measure underscores the importance of digital defenses in the… Read More

August 11, 2025 @ 9:30 pm By Omar Faridi  |  

In the evolving financial services sector, payment modernization is often framed as a technological objective and/or target—new platforms, faster transactions, and enhanced security. However, a recent discussion at The 2025 Payments Canada SUMMIT, hosted by Kristina Logue, Chief Financial Officer at Payments Canada, and featuring… Read More

August 10, 2025 @ 8:48 pm By Omar Faridi  |  

A recent study by Payments Canada has revealed a surprising twist in the ecosystem of payment security: Canadians are nearly three times more likely to encounter fraud when using cash compared to credit cards. This finding challenges the widespread perception that cash is the safest… Read More

August 7, 2025 @ 7:07 pm By Omar Faridi  |  

Galaxy Digital Inc. (NASDAQ: GLXY) released its financial results for the second quarter of 2025, showcasing a remarkable recovery and strategic advancements in its digital asset operations. The company reported a net income of $30.7 million for the quarter, a significant turnaround from a $295… Read More

August 7, 2025 @ 6:38 pm By Tony Zerucha  |  

Blue J, a GenAI tax research platform, has raised $122 million in a Series D funding round led by Oak HC/FT and Sapphire Ventures, with participation from Intrepid Growth Partners and previous investors Ten Coves Capital and CPA.com. The nine-figure raise comes seven months after Blue… Read More

August 7, 2025 @ 3:39 am By Omar Faridi  |  

SOL Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, issued a corporate update for the month of July and announced the date of its third quarter 2025 earnings session. July 2025 Corporate Highlights: Board Approval of… Read More

August 6, 2025 @ 10:37 am By JD Alois  |  

Coinbase (NASDAQ:COIN) is now enabling investors to utilize PayPal in Canada. While a small improvement for Canadian users, this is emblematic of the ongoing integration of TradFi with the digital asset sector. Prior to the new feature, Coinbase Canada users could use Interac e-Transfer, Electronic… Read More