Moneris Ownership Shifts to Francisco Partners as Banks Retain Commercial Ties
Francisco Partners is acquiring Moneris from BMO and RBC, while both banks retain long-term merchant referral relationships.
AI Moves Deeper Into the Operating Core of Canada’s Largest Banks
Canada’s largest banks are scaling AI agents, governance and employee adoption across day-to-day operations.
Mastercard and Western Union Push Stablecoins Further Into Mainstream Payments
Mastercard and Western Union expand stablecoins across payment infrastructure, remittances and everyday spending.
Swift, RBC, and TD Launch a New Cross-Border Payment Framework in Canada
The new framework delivers faster, more transparent international payments with upfront pricing and full payment delivery.
Ramp Expands Into Canada With Localized Finance Capabilities
Ramp launches a Canadian platform with local tax, accounting, and cross-border finance tools.
TD to Provide Reserve Custody for Canada's QCAD Stablecoin
TD will hold reserves backing QCAD, marking one of Canada's first major bank stablecoin custody arrangements.
Revolut Launches Its First Licensed Bank in the Asia-Pacific Region
Revolut secures a full Australian banking licence, expanding into deposits, savings, and lending.
BitPay Secures MiCA Licence to Expand Regulated Crypto Payments Across Europe
BitPay's MiCA licence enables regulated crypto and stablecoin payments across all 27 EU member states.
TD Expands Merchant Services with the Clover Commerce Platform
TD brings Clover to Canada, combining payments, POS, e-commerce, and business management into one platform.
Revolut Moves Closer to Launching Regulated Crypto Services in the UAE
Revolut receives initial VASP approval in Dubai, advancing its regulated digital asset strategy in the UAE.
Canada Moves Open Banking from Law to a Working Rulebook
Canada's draft open banking regulations define accreditation, data sharing, security, and compliance requirements.
OSFI Unveils a Faster Path into Canada's Federally Regulated Banking System
OSFI's new approvals framework gives eligible banks and credit unions a clearer, more transparent path into federal regulation.
Canada's Open Banking Framework Moves from Policy to Implementation
Canada's draft open banking rules clarify how consumer data will be shared and what banks and FinTechs must do to prepare.
Block Surpasses $100B in Credit as Embedded Lending Accelerates
Block has extended $100B in credit, highlighting how embedded finance is reshaping lending for consumers and small businesses.
Credit unions take their biggest step yet toward stablecoin adoption
Stablecore, Circuit, and Curql launch a collaborative program that helps credit unions prepare for stablecoins and digital assets within their existing banking platforms.
Moneris Launches AI Infrastructure for the Next Generation of Payments
New MCP server enables secure AI-driven payments while allowing businesses to keep their existing payment infrastructure.
OCC Proposes Bank-Level Compliance Requirements for Stablecoin Issuers
New proposal would subject stablecoin issuers to AML, sanctions, reporting, and supervisory standards similar to regulated financial institutions.
Wealthsimple Launches Regulated Prediction Markets in Canada
New Wealthsimple Predict app gives Canadians access to thousands of regulated event contracts through Kalshi.
BMO and GreenShield Are Blurring the Line Between Insurance and Healthcare
New offering combines insurance coverage, virtual healthcare, counselling services, and digital benefits management in one platform.