Why ITWC is shining a light on digital transformation

At ITWC’s recent Technicity event held with the City of Toronto, I referenced research that suggested by 2020 three-quarters of the companies listed on the S&P 500 would be names that are unfamiliar

Published on: January 17th, 2017 Fawn Annan

Sun Life feels ready for oncoming “insurtech”

There may be a generational divide when it comes to embracing online services for banking and insurance, but for Sun Life, that generational divide is shrinking. “Everyone is touching a digital channel today,” Cynthia

Published on: January 6th, 2017 Gary Hilson

Juniper predicts more chatbots and fintech in 2017

Ashley Madison users have already unwittingly encountered a great deal of bots, but in 2017 they are going to become more prevalent – and more transparent to the user, according to U.K.-based Juniper

Published on: January 4th, 2017 Gary Hilson

Trust in fintech suffers from a generational divide

The big banks may have more time than they think before their “Uber moment” arrives based on this year’s Digital Money Trends Report, which found that Canadians are still wary of fintech, even as

Published on: January 3rd, 2017 Gary Hilson

More CFOs looking to cloud, AI for financial reporting: EY

Chief financial officers face significant technology challenges as they struggle to make financial reporting more accurate and efficient, according to a report from EY (Ernst & Young) this month. However, they are also

Published on: December 21st, 2016 Danny Bradbury

Now the Royal Canadian Mint is on the blockchain, thanks to Goldmoney

Toronto fintech startup Goldmoney Inc. (formerly BitGold), which essentially uses blockchain technology to power a bitcoin-like exchange service based on physical gold, has added gold from the Royal Canadian Mint to its bullion

Published on: December 21st, 2016 Eric Emin Wood

North America’s first fintech chatbot is Canadian

There are chatbots for retail and chatbots for checking the weather, so why not a chatbot for fintech? Montreal-based online small business lender Thinking Capital answered that question this week by introducing "Lucy",

Published on: October 20th, 2016 Eric Emin Wood

League adds business insurance to digital health platform

A Toronto-based startup that began as a digital gateway between people and various healthcare providers is now offering insurance plans to businesses, the company announced on Wednesday. League Inc. is adding insurance products

Published on: October 12th, 2016 Brian Jackson

How Kabbage knows if it can lend you $100,000 in just seven minutes

If you're running a small business and are in need of capital, spending as little as seven minutes of your time for up to $100,000 credit sounds like a pretty good value proposition.

Published on: August 29th, 2016 Brian Jackson

How RateHub secured nearly $500K in support from the federal government

In six short years the number of offices owned by Toronto-based fintech startup RateHub.ca has quadrupled, its employee numbers have increased more than 15 times over - and today, the company announced it

Published on: August 9th, 2016 Eric Emin Wood

Financial players weigh risks of digital relationships in Canada’s consent-based compliance regime

How is it that you can ever truly know someone? That's the question that various members of the financial sector asked today at a roundtable event hosted by ITWC and sponsored by Equifax

Published on: July 19th, 2016 Brian Jackson

Is this the financial industry’s ‘Uber moment?’

If you believe the hype, everything is being Uber-ized. But has financial technology had its Uber moment? That was the topic of discussion at one of the Economist Summit’s panels earlier this week

Published on: June 14th, 2016 Gary Hilson

BitGold’s Business Accounts lets merchants get paid in gold

Toronto-based BitGold Inc. launched its Business Accounts and merchants processing service today at the Money 20/20 Europe conference in Copenhagen. The service gives ecommerce merchants a modern option to accept a currency that

Published on: April 6th, 2016 Brian Jackson

Canadian banks and fintech startups more collaborative than combative, for now at least

The showdown between Canada’s big banks and fintech startups may feature more co-existence and cooperation than competitive combat, judging by a panel discussion held Monday. Two of Canada’s largest financial institutions – RBC

Published on: April 5th, 2016 Christine Wong