Canada, UK and Singapore prep for blockchain-powered payments
Central banks and regulator reveal heightened interest and assesses alternative models.
Canada
Mastercard leads $16.5m funding round in Mobeewave
Series B round also includes support from NewAlpha and Forestay Capital.
Canada’s Zag Bank to be canned
Bank’s shareholder Desjardins Group targets Q2 2019 ending.
NTT Data to acquire Canada’s Sierra Systems
The acquisition will provide Tokyo-based NTT Data with a “significant” presence in Canada.
Central 1 and Backbase unveil new digital banking platform Forge
Alterna Bank and FirstOntario Credit Union are the first takers of Forge.
Finn.ai raises $11m in Series A funding round
Canada-based developer of AI-powered virtual assistant tech lands $11m.
CGI, National Bank of Canada and Skuchain in blockchain-based trade finance pilot
A pilot programme to improve and streamline the process for negotiating standby LCs and guarantees.
BMO in paytech revamp with ACI Worldwide
The real-time payments project was completed in nine months.
Toronto receives $1.4bn tech investment in September
The tech ecosystem in Toronto is growing – and fintech is sure to follow.
Kooltra coolly collects $5m funding for FX automation
Canadian cloud platform plans UK and US expansion.
Canada edges to open banking
Government looking at the trends with benefits.
Fiserv scores three core banking tech clients in Canada
Crosstown Civic CU, Noventis CU and IC Savings sign for Fiserv’s DNA platform.
Tangerine sweetens up with Meniga’s PFM tech
Canada’s direct bank ups its PFM offer with Meniga’s tech.
Thinking Capital and National Bank to offer funding to Canada’s SMEs
Bank meets fintech. A love story for the 21st century.
Hydrogen and TD Bank in their element for DIY financial planning
Bank’s clients will have new tools to build their own financial plans and portfolios.
Canadian Western Bank finds value in Validata DevOps
Firm selected due to its “proven Temenos integration capability”.
Canadian lendtech Progressa feeling progressive with $84m funding
Funding round co-led by Canaccord Genuity and Gravitas Securities.
Central 1 gives a voice to banking with Alexa
Canada’s first banks to add voice controls.
Quebec goes on tech quest with $6m fund
Plans to invest in 20 to 25 firms.
NestReady teams with Alterna Savings for home buying
Start-up will help credit union’s clients find their new home.
Xero buys paperless accounting hero Hubdoc
“Business has never been so beautiful.” Awww. Pass the sick bag.
ebankIT to power digital banking for Canada’s Coast Capital CU
Canada’s largest credit union by membership turns to ebankIT.
Fairstone Financial’s lending on fire with Fiserv
LoanServ will consolidate multiple records to decrease response times.
Flinks finds a fintech friend in ASAPP Online Solutions
Canadian start-ups team up for account and lending origination.
Lendtech OnDeck scores $93m in two credit facilities
Asset-backed funds come from Credit Suisse and Crédit Agricole.
NatWest and Large Credit Union Coalition join R3’s blockchain club
UK bank and Canadian group provide double delight.
Central 1 and Agility Forex in FX-ing great partnership
Special FX for Central 1’s clients and credit union members in Canada.
Thinking Capital and Equifax go to BillMarket for Canadian SMEs
The duo have launched a new solution, BillMarket.
Meridian Credit Union rushes to BlueRush’s IndiVideo
Meridian will use Toronto-based company’s digital marketing solution.
Quovo and Onist form honest financial partnership
It honestly happened in Canada.
Canadian financial data firm Flinks fuels up with $1.75m funding
With Luge Capital making its first investment.
BizEquity brings Valuation-as-a-Service to TD Bank
BizEquity just signed its first – really big – bank.
Finastra selling its collateral management branch to Teranet
The transaction will be completed by July 2018.
National Bank brings NFC mobile terminals to Canada
Canadian Mobeewave provided security and encryption.
Banking and financial services jobs: mobility at an all-time high
AI is a new corporate site selection driver
Canada’s Interac Lab gets in on innovation hub act
Based within the Communitech tech hub in Ontario.
NorthOne launches free invoice app
An app for small business owners, entrepreneurs and freelancers.
The Fintech Station has now arrived in Montreal
Finance Montreal’s new hub gets support from government of Quebec
RBC boss predicts CA$3.2bn tech spend in 2018
There is a focus on reducing operational costs through tech investment.
Visa Canada puts finishing touch on Finn AI’s chatbot banking
“Where is the closest ATM?” or “Please cancel my card”.
