Canada

Finance & Economics

Canada Sheds Jobs

As a result of March, an unexpected decrease in the number of jobs was recorded in the Canadian labor market.

Finance & Economics

Mastercard returns as headline partner of Open Banking Expo Canada 2024

Mastercard is confirmed as headline partner for the 2024 Open Banking Expo Canada, scheduled for June 11 in Toronto. This is the second consecutive year of Mastercard’s lead partnership at Canada’s flagship event Open Banking Expo.

News

AI Startup Cohere Reportedly Targets $5 Billion Valuation

The media reports that the Canadian startup Cohere which specializes in carrying out activities in the artificial intelligence industry, is currently actively negotiating the raising of investment funds for $500 million.

News

Real Estate Loans Provoke Doubts in Canadian Banks’ Profits

The access of most of Canada’s largest banks to the commercial property market in the United States may cause unpleasant surprises for these financial institutions against the background of deterioration in the quality of some real estate loans.

News

Golden Ventures Secures $100 Million to Invest in Canada’s Tech Ecosystem

Golden Ventures, a Canadian-based venture capital firm, has closed over its fifth fund of more than $100 million.

Fintech & Ecommerce

Shopify Reports Q4 2023 Earnings

The share price of Shopify Inc. showed the largest drop in more than a year after this company, operating in the sphere of e-commerce, published its financial results for the fourth quarter of 2023 and a forecast for the prospects for the first three months of the current year.

News

Nuvei Launches Omnichannel Payments Tool

Canadian fintech company Nuvei has announced the launch of an advanced omnichannel payment transaction solution for merchants and commercial platforms.

Articles

The safest place to live in Canada

Canada is widely recognized as a secure and peaceful destination for individuals seeking refuge from the high crime rates prevalent in many cities and countries around the world.

Fintech & Ecommerce

Canada Reportedly to Use AI to Combat Money Laundering

The media reports that in Canada it is planned to start using artificial intelligence as a tool to combat money laundering.

Finance & Economics

Royal Bank of Canada Gets Nod for Purchase of HSBC Unit

Canada at the end of last week approved the implementation of a deal to acquire the internal unit of HSBC by Royal Bank of Canada (RBC) for $10.2 billion.

Finance & Economics

How many bank holiday in Canada

Bank holidays in Canada are determined at the provincial and territorial levels, resulting in variations across different regions. This means that each province and territory may have its own unique holidays, making the holiday calendar diverse and vibrant.

News

Xero and Flinks to Enhance Banking Data Access

Xero, a global platform for small businesses, has announced the start of a partnership with Flinks, an open banking company.

Fintech & Ecommerce

TD Bank and Plaid to Simplify Access to Apps

TD Bank Group and fintech company Plaid have announced a joint effort to eliminate the need to provide login credentials to third-party apps for customers of the mentioned financial institution in the United States and Canada.

Fintech & Ecommerce

ConnexPay Adds Acquiring in Canadian Dollars to Its Virtual Card Offering

The ConnexPay payment platform has announced the addition of acquiring in Canadian dollars to its offer for issuing digital cards.

Articles

Rethinking Fresh Produce Packaging: An Interview with Patrick Boot, board member of NNZ North America

In the world of fresh produce, ensuring products reach consumers in the best possible condition is essential. The challenge? Packaging. It’s not just about aesthetics; it’s about sustainability, efficiency, and innovation.

News

Interac Mobile Payments Surge Over 50% in Canadian Stores

One of Canada’s major payment providers, Interac, has seen a significant surge in transaction volumes for contactless in-store mobile payments