Tagged: canada

November 18, 2025 @ 8:47 pm By Omar Faridi  |  

SOL Strategies Inc. (NASDAQ: STKE), a publicly traded company that claims to be the first in combining a substantial Solana treasury with a revenue-generating validator operating business, announced its selection as a staking provider for the VanEck Solana ETF via SOL Strategies’ Orangefin validator. VanEck… Read More

November 17, 2025 @ 2:08 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) announced recently the introduction of PayPal Pay in 41, an interest-free, no-fee, buy now, pay later solution for Canadian consumers. Beginning this festive season, Canadian shoppers will be able to access flexible payments option across online and global lifestyle, consumer, and travel… Read More

November 12, 2025 @ 4:41 pm By Omar Faridi  |  

Sumsub has launched its Non-Doc Identity Verification solution to Canada, designed to streamline client onboarding while also ensuring adequate compliance with FINTRAC’s AML/ATF regulations. Regtech firm Sumsub further noted that this solution aims to eliminate the need for document uploads, providing businesses in traditional finance,… Read More

November 7, 2025 @ 11:03 am By Omar Faridi  |  

Tangerine Bank (Canada’s digital bank and wholly-owned subsidiary of Scotiabank, one of the “Big 5” banks in Canada with assets of approximately $1.4 trillion) and Engine by Starling (the Starling Group‘s banking Software-as-a-Service (SaaS) business) announced an agreement to deliver a  banking platform for Tangerine… Read More

November 6, 2025 @ 1:27 pm By Omar Faridi  |  

The Canadian Government has released its budget for the year 2025. The budget primarily centers on several major themes, such as: shifting from reliance to resilience, adequately protecting Canada’s sovereignty as well as security, and building a stronger Canadian economy. The budget confirms the importance… Read More

October 28, 2025 @ 8:14 am By Omar Faridi  |  

Despite Standard Chartered analysts incorrectly forecasting this past week a BTC price drop below $100,000 being “inevitable” over the weekend, Bitcoin surged to over $113,800 on October 24, 2025 following the announcement that the US and China have formally committed to a framework agreement made… Read More

October 22, 2025 @ 1:08 pm By Michael Wong  |  

Canada’s anti-money laundering regulator has imposed a record administrative monetary penalty of C$176.96 million ($130 million) on Xeltox Enterprises Ltd., the operator of cryptocurrency platform Cryptomus, for “egregious and systemic” violations of the country’s financial crime laws. The Financial Transactions and Reports Analysis Centre of… Read More

October 21, 2025 @ 1:29 pm By Omar Faridi  |  

British Columbia, which is one of Canada’s largest provinces in terms of overall population, recently noted that it intends to place a complete ban on any new Bitcoin and cryptocurrency mining operations. British Columbia said that it aims to prevent such initiatives from connecting with… Read More

October 19, 2025 @ 4:13 pm By Michael Wong  |  

Canada has committed more than C$3 million ($2.1 million) over five years to an Industrial Research Chair in Tokenization at École de technologie supérieure (ÉTS), backing work on advanced tokenization and decentralized federated learning led by Professor Kaiwen Zhang and industry partner T-RIZE Group. The… Read More

October 18, 2025 @ 10:29 am By Tony Zerucha  |  

iCapital is bringing a private credit solution offered by BlackRock to market in Canada. This initiative introduces an evergreen investment vehicle designed for accredited investors, available through advisor channels with both CAD-hedged and USD-denominated options. This launch marks the first time Canadian wealth managers and… Read More

October 7, 2025 @ 5:52 pm By JD Alois  |  

The Canadian Securities Administrators (CSA) has proposed a policy to harmonize the self-certified investor prospectus exemption across all Canadian provinces. In Canada, securities regulation happens only at the provincial level. Obviously, this creates more friction for issuers and investors, but the political will to enable… Read More

September 28, 2025 @ 3:11 pm By Omar Faridi  |  

FINTRAC announced that it imposed an administrative monetary penalty on Peken Global Limited, also operating as KuCoin. This Seychelles-incorporated foreign money services business operating in Canada was imposed “a penalty of $19,552,000 on July 28, 2025, for non-compliance with Part 1 of the Proceeds of… Read More

September 26, 2025 @ 1:44 pm By Omar Faridi  |  

In an era where businesses grapple with economic uncertainties, Canadian accounting practices are charting a bold path forward. According to Xero‘s State of the Accounting Industry Report, a shift toward advisory services and accelerated technology adoption has fueled unprecedented optimism. About 80% of practices express… Read More

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 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 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 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