Live Labs illustrates CIBC’s commitment to digital transformation

Running a 150-year-old company that remains one of Canada's most financially successful as if it's a startup might seem counterintuitive, but it's become integral to the way CIBC conducts business. The Canadian Imperial

Published on: May 11th, 2017 Eric Emin Wood

Canadian fintech sector not reaching full potential: Competition Bureau of Canada

Canada’s financial technology (fintech) sector has yet to reach its full potential, and for it to do so, regulators and industry leaders need to work together, according to Competition Bureau Canada. The organization

Published on: May 3rd, 2017 Mandy Kovacs

Canada’s banks leading in digital transformation by embracing rivals: PwC

Canada’s banks are becoming digital transformation leaders by collaborating with their fintech counterparts, according to a new report by consulting firm PricewaterhouseCoopers (PwC). Financially speaking, what the organization calls “the big six” (Bank

Published on: March 20th, 2017 Eric Emin Wood

Former financial journalist says stock brokers are next for FinTech disruption

A Montreal-based former business journalist has raised $50,000 in crowdfunding, including $14,000 from BMO SmartFolio, to add an online course to his stock-investing mobile app launching this summer. Hardbacon, which is developing a mobile

Published on: March 17th, 2017 Brian Jackson

Open your online store to international customers with Stripe’s new offering

Online businesses in Canada can now accept payments in more than 130 currencies from anywhere in the world, thanks to San Francisco-based fintech startup Stripe. Last week the company launched a multicurrency service

Published on: March 6th, 2017 Eric Emin Wood

Innovation culture key to Wealthsimple’s disruption of financial services industry, CEO says

"Innovation" is a favourite buzzword in the halls of both financial services and technology firms, but it's following in the latter's footsteps that's helped Toronto-based online investment management service Wealthsimple Inc. succeed in

Published on: February 3rd, 2017 Eric Emin Wood

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