Tag: Canada
Canada’s Department of Finance Advisory Committee recommends steps towards open banking
Canada's Department of Finance Advisory Committee on Open Banking has issued its final recommendations report, marking a pivotal step in the nation's journey towards embracing Open Banking.
Unravelling Canada’s new deemed ownership rule in sanctions compliance
RegTech firm Sigma Ratings recently provided a guide for companies to stay ahead of changing sanctions in the Canadian market.
Canadian government to mandate large suppliers to disclose GHG emissions
New standards by the Canadian government will require large suppliers to disclose their GHG emissions and set targets to reduce them.
Bank of Canada believes offline CBDC could boost financial inclusion
The Bank of Canada believes an offline Central Bank Digital Currency (CBDC) would help to boost financial inclusion.
Canada-based CyberTech Beauceron Security gets CIBC backing
Canada-based cybersecurity SaaS platform Beauceron Security has received a growth capital facility from CIBC Innovation Banking.
Canadian banks team to establish centralised KYC offering
Five Canadian banks are joining forces with CanDeal, a market and infrastructure services provider, to set up a centralised KYC offering for the capital markets industry.
Quantum computing cybersecurity platform evolutionQ scores Series A
Canada-based quantum-safe cybersecurity product developer evolutionQ has raised $5.5m in its Series A funding round.
Canadian RegTech Paytic closes round to expand internationally
Canada-based Paytic, which claims to be a smarter way to manage card programs, has reportedly raised $2.95m.
Bank of Canada and MIT collaborate on CBDC project
The Bank of Canada and the Massachusetts Institute of Technology (MIT) will collaborate on a 12-month project exploring central bank digital currencies (CBDCs).
Trulioo acquires HelloFlow to upgrade onboarding stack
Identity verification platform Trulioo has acquired HelloFlow, a developer of no-code, drag-and-drop client onboarding, monitoring and digital workflow software.