Canada

News

Key Political Representatives to Join Open Banking Expo Canada 2024

Toronto, May 22, 2024 – Open Banking Expo Canada is proud to announce the participation of prominent political figures and key policy representatives in its upcoming event on June 11 in Toronto. This year’s conference is poised to host over 600 executives from the Open Banking, Open Finance, and the payments ecosystem at the Metro […]

News

Canada Institutional Investors Increase Crypto Exposure to 39%

In 2023, institutional investors in Canada expanded their exposure to crypto assets, with 39% of KPMG survey respondents dealing with the asset class in some way.

Finance & Economics

Bank of Canada Governor Sees Little Impact of Country Budget on Fiscal Track

Bank of Canada Governor Tiff Macklem said that the draft budget of Prime Minister Justin Trudeau did not become a factor of impact that led to changes in the concept of fiscal policy that the financial regulator formed back in November last year.

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.

Events

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.

Finance & Economics

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.

News

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.

Articles

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.

Fintech & Ecommerce

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.