Tagged: canada

May 20, 2026 @ 2:41 pm By Omar Faridi  |  

Royal Caribbean International has teamed up with Affirm (NASDAQ: AFRM) to introduce straightforward pay-over-time solutions for cruisers in the United Kingdom and Canada. Announced this month, the collaboration allows holidaymakers to spread the cost of their bookings without the stress of hidden fees or surprise… Read More

May 7, 2026 @ 10:05 pm By Omar Faridi  |  

Visa (NYSE: V) has rolled out its Agentic Ready initiative to issuers in Canada and Malaysia, marking another step in its global push to ready the payments industry for a future shaped by artificial intelligence. This program equips banks and partners with a secure testing… Read More

May 5, 2026 @ 3:35 pm By Omar Faridi  |  

Wise (LON:WISE) has rolled out a new Interest feature for its customers in Canada, marking the first time a provider in the country has allowed users to earn competitive returns on balances held in multiple currencies—all within a single, unified multi-currency account. The cross-border payments… Read More

May 5, 2026 @ 1:41 pm By Omar Faridi  |  

Canada’s largest banks are advancing negotiations to offload their long-standing payments processing partnership. The Royal Bank of Canada and the Bank of Montreal are reportedly engaged in advanced discussions to transfer ownership of their jointly held enterprise, Moneris, to the U.S. private equity firm Francisco… Read More

April 29, 2026 @ 7:53 am By Omar Faridi  |  

The Canadian federal government has unveiled plans to outlaw cryptocurrency automated teller machines (ATMs) nationwide. The announcement, embedded in the Spring Economic Update 2026 released on April 28, positions the ban as a direct response to the machines’ increasing exploitation by scammers and money launderers…. Read More

April 28, 2026 @ 9:58 am By JD Alois  |  

A recent report highlights private funding for Canadian tech firms, noting that $1.5 billion was raised in Q1 2026, down 8% from Q1 2025. At the same time, Q1 numbers were an increase of 10% versus Q4 2025. The report by Tracxn said that Canada… Read More

April 27, 2026 @ 6:07 am By Tony Zerucha  |  

A new interactive tool from NordVPN lets users calculate the value of their digital identities. And if you’re Canadian, it ain’t much. Working in collaboration with the threat exposure management platform NordStellar, NordVPN analyzed almost 75,000 dark web marketplace listings and found that Canadians’ personal… Read More

April 13, 2026 @ 2:22 am By Omar Faridi  |  

With the recent Royal Assent of Bill C-15, Canada is now said to be moving forward on a proper framework for stablecoins. The nation’s Department of Finance has started the development of applicable regulations to support safe, reliable digital payment options for Canadian consumers. As… Read More

April 3, 2026 @ 6:39 pm By Tony Zerucha  |  

New research from the CPPO, the nonprofit organization fueling the growth of the $14 billion open-loop prepaid economy, shows Canadians are expanding how they manage, move, and grow their money by combining traditional and digital-first providers that better align with their lifestyles. The shift reflects… Read More

March 29, 2026 @ 2:35 pm By Omar Faridi  |  

Canada is set to prohibit cryptocurrency contributions to federal political campaigns, mirroring a recent step taken by the United Kingdom to curb similar risks. The proposed legislation, known as Bill C-25 or the Strong and Free Elections Act, was tabled in Parliament on March 26… Read More

March 15, 2026 @ 9:25 am By Tony Zerucha  |  

RedotPay, a global stablecoin-based payment fintech, has expanded its global regulatory framework through licensing milestones in Argentina, Canada, and the United States. It secured a Money Services Business (MSB) registration in Canada, a FinCEN MSB in the U.S., and a Virtual Asset Service Provider (VASP)… Read More

March 10, 2026 @ 8:23 pm By Omar Faridi  |  

Xero has indicated that Canadian small businesses faced a sharp slowdown in the closing months of 2025, with sales growth tumbling to levels last seen during the depths of the global health crisis. The latest quarterly snapshot from Xero’s Small Business Insights program paints a… Read More

January 29, 2026 @ 8:43 am By Omar Faridi  |  

Fintech firm Wise (LON:WISE) has secured membership in Payments Canada, marking it as one of the inaugural Payment Services Providers (PSPs) to join the organization. This development, announced on January 27, 2026, underscores Wise’s commitment to enhancing cross-border payment solutions for Canadian users and businesses…. Read More

January 28, 2026 @ 12:42 pm By Tony Zerucha  |  

GFT and Ozone API are partnering to launch North American institutions into the open banking arena, a market expected to top $48 billion in 2026. Due to Budget 2025’s acceleration of the Consumer Driven-Banking Act, the future of open banking in Canada is actively unfolding…. Read More

January 19, 2026 @ 2:12 pm By Omar Faridi  |  

As Canada steps into 2026, the payments landscape is evolving rapidly, driven by accelerating digital transformation in financial services. A key development underscoring this shift is Payments Canada‘s recent appointment of Stephanie Zee as its new Chief Product Officer (CPO). This strategic move aims to… Read More

January 19, 2026 @ 9:26 am By Tony Zerucha  |  

A Canadian licensed insolvency trustee is calling on Meta (NASDAQ:META) to explain why illegal debt-relief advertising continues to run on its platforms, despite repeated warnings, direct outreach, and mounting federal evidence that such practices are misleading, harmful, and in some cases criminal. Joshua Harris, CEO… Read More

January 18, 2026 @ 12:36 pm By Omar Faridi  |  

Portage, a global investment firm specializing in fintech, has sealed a pact with Point72 Ventures to assume control over a selection of its fintech investments. This arrangement signals a strategic shift, enabling Portage to expand its influence in innovative financial services while providing continuity for… Read More

December 1, 2025 @ 9:20 pm By Omar Faridi  |  

Sleek design, intuitive investing tools and a streamlined cross-channel experience have become the so-called “hallmarks” of wealth management apps and websites for investors residing in Canada. According to the J.D. Power 2025 Canada Wealth Management Digital Experience Study, both advised and do-it-yourself (DIY) wealth management… Read More

November 26, 2025 @ 4:58 pm By Omar Faridi  |  

Credit cards could be one of the most common ways Canadians pay for everyday expenses, however, new research from Affirm (NASDAQ: AFRM) shows the terms and conditions behind them are among “some of the most confusing everyday documents Canadians encounter.” According to a national survey… Read More

November 21, 2025 @ 8:18 am By Omar Faridi  |  

Wise Platform, Wise’s (LON:WISE) global payments infrastructure for banks and enterprises, announced it’s working with Wealthsimple, a financial services platform on a mission to help Canadians achieve financial freedom, on an improved offering for sending money internationally. This partnership enables Wealthsimple’s customers across Canada to… Read More