Revolut appointed Jan Pilbauer as CEO of its Canadian business, marking the firm’s first concrete step toward reassessing a market it exited in early 2021.

The $800M acquisition strengthens EQ Bank’s scale across credit cards, deposits, and loyalty-linked services.

Recently we saw QCAD become Canada’s first fully compliant CAD stablecoin. The Issuer, QCAD Digital Trust, has received final approval for its prospectus filed with Canadian Securities Administrators under Canada’s interim regulatory framework for value-referenced crypto assets (VRCAs).

Canada’s two biggest modern investing platforms are stepping into 2026 with ambition: Wealthsimple and Questrade.

Toronto-based digital lending player Propel Holding has received regulatory approval from the Office of the Commissioner of Financial Institutions of Puerto Rico (OCFI) to establish Propel International Bank, a wholly owned subsidiary of Propel that will operate as an International Financial Entity.

Worldpay has released the Model Context Protocol (MCP), an open, developer-friendly framework that lets AI agents connect directly to payment systems.

Stablecoins gain traction as Visa expands settlement with USDC and Klarna launches its own payment-focused stablecoin.

The QCAD Digital Trust has received final approval for its prospectus under Canada’s new stablecoin rules, officially making QCAD the first CAD-denominated stablecoin to meet national securities regulations.

Mastercard is expanding its Crypto Credential framework to self-custody wallets through new partnerships with Polygon Labs and Mercuryo. The update introduces verified, username-style aliases that replace long wallet addresses.

Business Development Bank of Canada (BDC) is preparing to launch a new Life Sciences Fund in 2026, marking its return to the sector six years after spinning out its previous healthcare vehicle, Amplitude Ventures, into an independent firm.

Interac Corp. has introduced Interac e-Transfer Cards, a new feature that lets people and businesses attach digital cards to their money transfers.

Stablecoin payouts are becoming part of global money-movement rails as Visa and Mastercard roll out new wallet-based payout capabilities.

Coinbase has ended negotiations to acquire BVNK, a UK-based stablecoin payments infrastructure provider. The planned $2B deal - which had reached an exclusivity agreement in October - will not move forward.

Block Inc., the parent company of Square and Cash App, introduced a Bitcoin payment feature for merchants using its Square platform, enabling over 4 million sellers worldwide to accept Bitcoin transactions with instant settlement.

BMO has launched BMO Credit Coach, a free credit monitoring and reporting tool to help clients understand, track, and improve their credit health without affecting their credit scores.

Tangerine Bank, a subsidiary of Scotiabank, has signed a 10-year agreement with Engine by Starling - the SaaS arm of the Starling Group - to power a new cloud-native banking platform for over two million clients in Canada.

Questrade Financial Group has officially received approval from the Office of the Superintendent of Financial Institutions (OSFI) to launch Questbank, a Schedule I domestic bank.

KONEK is a new e-commerce payment platform that transforms how Canadians pay and send money online. Developed by Interac Corp. with major financial institutions, KONEK unites multiple payment options in one secure digital interface.

Canada's major financial services, telecommunications, and technology companies have united with law enforcement and the federal government to launch the Canadian Anti-Scam Coalition (CASC) - the country’s first unified effort to combat scams targeting consumers.

Western Union is introducing the U.S. Dollar Payment Token (USDPT) - a U.S. dollar–backed stablecoin - along with a Digital Asset Network to connect digital and fiat economies.