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

Canadian banks work with (not against) FinTech startups to bring innovation to the industry: Report

Banking tends to have a reputation for adopting new technologies slowly and cautiously, but an emerging breed of financial technology or “FinTech” companies are aiming to disrupt the global banking industry, and a

Published on: March 11th, 2016 David Hamilton

Toronto startup BitGold powers new digital payments platform with real gold

A Toronto-based startup is planning to launch a new payment method that enables the direct buying and selling of physical gold and will appeal to e-commerce merchants by undercutting credit card transaction fees. BitGold

Published on: March 8th, 2016 Brian Jackson

Fintech “Thinkubator” launched by Tangerine and Ryerson University

Toronto-based Tangerine Bank has taken a lead role in the development of Ryerson University's newest digital innovation space, the "Thinkubator," which the two organizations cofounded and officially launched today. Housed on the second

Published on: February 24th, 2016 Eric Emin Wood

Backstage with Gabriel Woo, VP of innovation at RBC [Technicity]

ITWC partnered with the City of Toronto to co-host Technicity on Dec. 3, 2015. The day brought together leadership within the organization of the city, Toronto's technology leaders, and influencers from elsewhere to

Published on: January 19th, 2016 Brian Jackson

TD updates self-directed investing platform in response to user demand

For much of the past decade, the biggest Canadian names in self-directed investing have included online brokerages and startups like Wealthsimple and Questrade. But as TD Bank Group illustrates, some traditional Canadian banks

Published on: January 14th, 2016 Eric Emin Wood

Fintech startup Wealthsimple buys online brokerage ShareOwner

Online investing and wealth management service Wealthsimple announced it has acquired ShareOwner Investments, Canadian's first automated investment manager - a company that has been in business since 1987. ShareOwner, founded by a University of Windsor finance professor,

Published on: December 2nd, 2015 David Hamilton

Can big data reinvent consumer loans for Canadians?

What are the borrowing options for middle class Canadians today? The spotty customer service, hidden fees and slow turnaround of traditional bank loans? The ultra high rates of credit cards or payday loan

Published on: April 24th, 2015 Bret Conkin

Financial tech cluster could be great – If the big banks and law firms play too

The recent announcement that MaRS is forming a cluster of financial technology startups is great news. In my experience tech startups must fight through enormous inertia; to win you need all the concentration

Published on: March 9th, 2015 Geoff Foulds

Vogogo raises $8.5M to help ‘cryptobusinesses’ accept Canadian dollars

For businesses that deal with Bitcoin, it can be hard enough to master cryptocurrency transactions – but it’s a whole new game when they start accepting Canadian dollars and begin working with banks.

Published on: August 6th, 2014 Candice So