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Overview

Over the past few years, we have seen a surge of activity in the financial technology sector –both globally and in Canada. Fintech business models are more compelling than ever.

News

Press release 2 months ago
RBC and BMO Are Selling Moneris. Helcim's $53-Million Raise Shows Another Path.
The news that Moneris is being acquired has triggered a familiar Canadian refrain: outrage after a strategic asset is headed south. The anger is understandable. But the most revealing question is not why a U.S. private equity firm wants one of Canada's la
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Blog 2 months ago
Canada FinTech Forum Returns to Montreal in September with an Eye on AI
The Canada FinTech Forum returns in September for a thirteenth round. The annual affair will take place at the Fairmont The Queen Elizabeth in Montréal, where fintechs, investors, and policymakers will gather to explore the trends redefining financial ser
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Blog 2 months ago
Scotiabank Taps TD AI Chief Luke Gee for New Enterprise Role
Scotiabank has recruited one of TD Bank Group's top artificial intelligence executives to lead its expanding data and AI strategy. Luke Gee will join Scotiabank in October as Executive Vice President and Chief Data and AI Officer, a newly created role foc
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Blog 2 months ago
As AI Reshapes Product Discovery, Canadian Retailers Prepare
As Canadian retailers move from back-to-school promotions into holiday planning, the first stop in the shopping journey is increasingly not a store, a retailer's website or a conventional search engine. It is an AI conversation. Shoppers are increasingly
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Blog 2 months ago
RBC Garners Accolade for Modernizing Retail Credit Underwriting with AI Tech
Following success at Digital Banker's Global Transaction Banking Innovation Awards, the Royal Bank of Canada was recently recognized by the 2026 IDC CIO Awards. The annual affair honoured RBC for using artificial intelligence technology to reimagine retai
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Press release 2 months ago
Canada FinTech Forum Seeks Startups for $25K Pitch Battle
The Canada FinTech Forum is inviting early-stage fintechs to compete for a non-dilutive grant of over $25,000. Ten finalists will pitch their businesses before financial-industry executives and technology partners on September 15, 2026, at Fairmont Queen
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Blog 2 months ago
Shakepay Launches Bitcoin-Backed Line of Credit for Canadians
Canadians holding bitcoin now have another way to access cash without selling their digital assets. Montreal-based fintech Shakepay has launched BLOC, a bitcoin-backed line of credit that allows eligible customers to borrow against bitcoin held on its pla
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Blog 2 months ago
National Bank Taps Multifonds to Modernize Fund Accounting and ETF Administration
National Bank of Canada is upgrading the tech behind its fund accounting and exchange-traded fund administration business, selecting Multifonds to consolidate operations on a single platform. The Montreal-based bank will use Multifonds Global Accounting t
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Press release 2 months ago
RBC and BMO Agree to Sell Moneris Solutions to Francisco Partners for $2B
Last year, Moneris Solutions purportedly went up for sale with a $2 billion price tag. Months following, the name of a potential buyer was whispered. That educated speculation has now come to fruition. The Canadian commerce solutions provider, jointly own
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Blog 2 months ago
TD Taps Atomic to Power Canada-First Direct Deposit Feature for Mobile App
The Toronto-Dominion Bank has unveiled a "first among Canada's financial institutions." TD this week launched a mobile-first experience dubbed "Digital Direct Deposit" to help clients set up or switch payroll deposits more easily and quickly than ever bef
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