Weekly FinTech & Financial News
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July 20-24, 2026
Top FinTech Updates this Week
🤝 Salt Edge, an Ottawa-based open banking platform and Domopay, Italy-based rental property management platform have launched Italy’s first open banking rent payment solution
🤝 VeriPark, an UK-based global leader in digital banking and customer experience solutions entered in a a strategic partnership with Caspian One Open Data, a pioneer in open data infrastructure and open banking acceleration
🤝 APX Lending, Toronto-based crypto-backed lending provider teamed up with one of its investors, Netcoins, to help the Vancouver-based company’s customers access cryptocurrency-backed loans
🤝 Shakepay, Montreal-based crypto firm officially joins the Interac e-Transfer network as a direct participant, marking a significant milestone in the integration of digital assets and traditional finance
🤝 Manulife and Microsoft today announced the renewal and expansion of their longstanding relationship, supporting Manulife’s strategic priority to become an AI-powered organization
🤝 Harvest, Toronto-based AI-powered accounts receivable platform purpose-built for Canadian SMBs, partnered with Helcim, a Calgary-based payment processing platform for businesses to help Canadian SMBs get paid faster with more affordable payment processing
🚀 Trulioo, a Vancouver-based an identity verification platform launched the UBO Discovery Agent, a specialized AI tool designed to automate the identification of Ultimate Beneficial Owners (UBO)
🚀 Wagepoint, Calgary-based payroll software rolls out WagePro+, a new partner program for Canadian accountants and bookkeepers built around long-term practice growth
🚀 INETCO, Vancouver-based real-time payment fraud prevention provider launches INETCO BullzAI Investigate, a new AI-assisted fraud investigation module that brings agentic AI to fraud case management
🚀 d1g1t, a Toronto-based wealthtech launches d1g1t MCP server that links its enterprise wealth management platform directly to general-purpose AI tools including Anthropic’s Claude, OpenAI’s ChatGPT and Microsoft’s Copilot
Top Financial Institutions Updates this Week
🤝 Knot, US-based merchant connectivity platform, partnered with RBC, to make RBC cards the default payment method for millions of cardholders wherever they spend
🤝 Stablecorp, Toronto-based digital money infrastructure, and the issuer of QCAD, Canada's first compliant Canadian Dollar stablecoin, reported banking and custody relationship with TD Bank Group
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OnePay customers can apply for a loan between $1,000 and $50,000 right in the OnePay app - approval and amount are subject to eligibility. The product marks a significant step forward in OnePay’s mission to make everyday financial services simpler, more accessible, and more useful for millions of Americans. The fully integrated experience allows customers to check rates in minutes, see their offers, accept terms, and manage repayment in one place. Customers who bank through OnePay may receive funds as soon as the same day, providing faster access to financing when they need it most. Loan amounts range from $1,000 to $50,000, with APRs ranging from 7.74% - 35.99%, depending on eligibility. | OnePay
WagePro+ rewards firms as their client base grows, from their first client to their five-hundredth. WagePro+ includes five tiers (Starter, Bronze, Silver, Gold, and Platinum) that automatically adjust based on sub-client count and provide expanded resources for each tier. Key benefits include: Through WagePro+, accountants and bookkeepers receive complimentary access to the new Wagepoint Partner Directory, a searchable national database that puts partner firms in front of small businesses actively looking for payroll help. It costs nothing to be listed, giving partners a built-in client acquisition channel; Co-marketing funds (matched investments) help partners increase visibility across the SMB ecosystem and win new business. Certification programs, Continuing Professional Development (CPD)-eligible training, and partner-exclusive resources help firms stand out and build credibility; WagePro+ includes priority and premium support for top-tier partners, including faster SLAs and access to payroll experts to help bookkeepers better manage their business. Partners also receive a free Wagepoint payroll subscription for their firm, so they can build confidence with the platform from day one. | Wagepoint
The strategic partnership will bring Helcim's payment processing capabilities directly into Harvest's platform. The integration will allow new and existing Helcim customers to connect their accounts to Harvest and automatically add Helcim-powered payment options to their outstanding invoices managed in QuickBooks or Xero. Customers receiving an invoice follow-up from Harvest will be able to pay quickly through Helcim, giving businesses a more direct path from invoice to payment. The partnership brings together Harvest's technology and Helcim's payment infrastructure to address two of the most persistent challenges facing Canadian SMBs: getting paid on time and keeping payment processing costs under control. The partnership represents an important win for Canadian small businesses. Rather than combining separate tools for accounting, invoice follow-up and payment processing, businesses can use Harvest and Helcim together to create a more connected workflow—from an invoice being generated in QuickBooks or Xero, through personalized customer follow-up, payment, and reconciliation. The result is a simpler and more cost-effective way for SMBs to get paid faster, reduce administrative work and retain more of every dollar they earn. | Harvest
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This partnership allows Shakepay to offer 1.5 million Canadians more resilient, regulated, and seamless money movement options within the country's primary payment infrastructure.By becoming a direct participant in the Interac e-Transfer network, Shakepay gains unprecedented control over its payment architecture. This shift allows the Montreal-based fintech to move beyond its origins as a crypto-only platform, evolving into a comprehensive financial service provider. The integration ensures that Shakepay can build more resilient payment experiences without relying on third-party intermediaries for network access. Direct access to a network processing 1.6 billion transactions annually. Enhanced product development speed for future financial tools. Strengthened regulatory compliance framework as a CIRO member. | Merchant’s Eye
The investments give DMG exposure to growing markets while providing both startups with capital and potential synergie to advance their platforms. | Techcouver
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The SAFR framework addresses the critical challenge of autonomous AI agents operating at speeds that exceed human intervention capabilities. By implementing real-time governance checkpoints, the framework ensures that every action proposed by an AI agent is verified and recorded against predefined risk mandates before execution. This "runtime" approach moves beyond static risk management to active, operationalized security. | Fintech Finance News
The Fund is integrated into the TD Greystone private markets platform that manages C$42.4 Billion of assets. This first deployment of the Fund's committed capital builds toward a fully diversified, evergreen global portfolio of high-income credit investments. The Fund seeks to provide attractive risk-adjusted returns for investors across direct lending (middle market corporate credit), real estate debt, infrastructure debt and specialty finance markets without the need to navigate multiple funds or managers. The first opportunity comes from one of TDAM's existing relationships within the infrastructure space. This loan monetizes equity distributions of operational fibre networks in North America 100% owned by the builder/operator. | TD
Using Knot's CardSwitcher, RBC cardholders can set their RBC card as the saved payment method at their favorite merchants directly from the RBC mobile app, without manually entering card details. The partnership marks Knot's first expansion beyond the United States. One of the hardest moments in payments is the first one. When a cardholder gets a new RBC card, putting it to use means hunting down every merchant where a card is already saved and updating each one by hand, so a new card often sits idle for weeks before it sees real spend. The partnership removes that friction. From the RBC app, cardholders add their RBC card to their preferred merchants in a few taps and set it as the saved payment method at the places they already spend, from the day the card is in hand. For RBC, that means a card that goes to work immediately instead of waiting to be activated across a cardholder's everyday spend. Placing the card as the default at the merchants cardholders use most keeps it top of wallet, turning a new RBC card from an occasional choice into a go-to payment method from the start and driving repeat spend and deeper loyalty to RBC. | Globe Newswire
TD will serve as a custodian for the fiat reserves backing the QCAD Digital Trust, ensuring that the assets underpinning the stablecoin are held with regulated financial institutions. This relationship marks one of the first instances of a major Canadian bank formally serving as a reserves custodian for a fiat-backed digital currency in Canada. The custody relationship is expected to roll out in phases throughout Q3 and Q4 2026. | Newsfile Corp.
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By integrating Pay by bank technology, the partnership enables Italian landlords to collect rent via instant account-to-account transfers, significantly reducing payment delays, manual errors, and transaction costs compared to traditional methods. Pay by bank technology addresses the friction inherent in traditional rental payments by enabling instant account-to-account transfers directly within the Domopay app. For landlords and property managers, this eliminates the need for manual reconciliation and reduces the risk of errors associated with manual bank transfers or checks. By leveraging Salt Edge’s open banking rails, the solution ensures that funds are moved securely and immediately, providing a major market milestone for the Italian proptech sector. | Merchant’s Eye
The collaboration marks a significant expansion of VeriPark’s ecosystem, embedding agile, secure open data capabilities directly into its customer journey solutions to help financial institutions turn regulatory data compliance into a powerful engine for customer loyalty. As financial institutions globally adapt to mature open banking frameworks, the challenge has shifted from simply sharing data securely to leveraging that data to deliver friction-free, personalized experiences. By leading with Caspian's robust connectivity infrastructure, VeriPark will enable its clients to seamlessly bridge the gap between compliance and customer engagement. The integrated solution will allow banks to unlock the value of consent-driven financial data across onboarding, loan origination, and personalized wealth management. | Caspian One Open Data
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APX, which got its start providing crypto-backed loans directly to consumers and businesses last year, has developed a software platform designed to help partner companies launch embedded credit products that use Bitcoin and Ether as collateral under their own brand. Netcoins, which is owned by TSX Venture Exchange-listed Bigg Digital Assets, is a crypto exchange that serves Canada and the United States. Canadian Netcoins users can now access crypto-backed loans within the company’s digital asset trading platform. APX is providing the technology, capital, underwriting, collateral management, compliance, and servicing for these credit products. For Netcoins, the arrangement offers a new revenue stream without the need to build in-house lending infrastructure. | BetaKit
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As part of this partnership, Manulife has adopted Microsoft 365 E7 Frontier Suite capabilities to enable innovation at scale with secure cloud and AI solutions. This includes expanding adoption of Microsoft 365 Copilot to over 30,000 employees and deploying Microsoft Agent 365 – a next-generation suite that provides a control plane for governing, monitoring, and securing AI agents at enterprise scale. The five-year agreement supports Manulife’s continued transformation and responsible scaling of AI-enabled capabilities across its global operations. | Manulife
It brings its total funding to over $10 million, with continued support from Pelorus VC and a group of Verafin founders. This funding accelerates our push into insurance specifically: deepening our workflow for carriers handling accident benefits (A/B), bodily injury (BI), and disability claims, and building the audit trails and citation-level traceability that let a claims team stand behind AI output. SiftMed runs the claims investigation end to end, from intake and organization through to AI-driven analysis, with results populated into a final report that's traced back to its source material and standardizes the review process across every adjuster. Carriers can adopt whichever piece they need, and standardize the review process all inside one system. Insurance is a clear case where AI's barrier isn't capability. Carriers need AI they can trust enough to act on, and rigorous enough to hold up under challenge. | SiftMed
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The Robinhood Platinum Card provides unmatched credit limits, reaching up to 5x higher than the standard Gold Card. This 27-gram, platinum-plated card is engineered for users who prioritize premium lifestyle rewards across travel, dining, and health. Robinhood is differentiating the Robinhood Platinum Card by integrating high-end health services directly into the card's value proposition. Beyond standard travel perks, cardholders receive comprehensive wellness memberships that often cost hundreds of dollars out-of-pocket. These include: Function Health membership valued at $365, offering 160+ advanced lab tests; WHOOP Peak membership including hardware for fitness tracking; Amazon One Medical subscription for primary care access and $1,000 one-time credit toward Eight Sleep technology (available for a limited time). | Fintech Finance News
The integration embeds AI natively into advisory workflows, giving financial advisors a live, governed AI assistant that works across every household, eliminating the mechanical work of preparation and reporting so advisors can spend more time with clients. The d1g1t MCP exposes the platform’s core capabilities as tools that AI agents can call on an advisor’s behalf to search, read and reason over external data sources using natural language. Instead of navigating the platform screen by screen, advisors can ask Claude or ChatGPT in plain language to pull a household’s holdings, summarize year-to-date performance, flag mandate breaches, or assemble a client report and the AI securely retrieves live data from the d1g1t platform and works with it directly. As advisors and wealth management firms use Claude and other AI tools to help streamline workflows, analyze their business data and identify opportunities, they can use the d1g1t MCP to access a range of high-impact capabilities through natural language, including: Meeting Preparation; Morning Briefs; Ad-Hoc Client Reporting; Portfolio Analysis; Account Intelligence; Client Onboarding and Compliance Monitoring. | d1g1t
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The investment brought the total amount of funding raised by the company to $52m. The company will use the financing to invest in the platform and expand sales and marketing operations. Ko, Modo Energy’s AI analyst, is becoming a trusted leader in energy analysis, and already answers users’ most complex market questions. This funding will accelerate its evolution into a tool that runs data analysis and reporting from start to finish, giving energy professionals a bankable foundation for every decision. | CIBC Innovation Banking
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By reconstructing ownership chains across fragmented global sources, the agent resolves data gaps in registries, increasing UBO coverage by up to 80% in complex jurisdictions. UBO coverage remains a critical hurdle for global firms because traditional registries often suffer from structural data lags or lack cross-border transparency. Trulioo solves this by deploying a governed AI agent that intelligently reconstructs ownership structures using jurisdiction-specific logic. Unlike general AI models, this tool mimics a skilled human analyst but operates at an enterprise scale, pulling from official registries, commercial providers, and open-source intelligence. | Fintech Finance News
INETCO BullzAI Investigate helps fraud teams manage growing investigation workloads and deliver around-the-clock decision support while keeping sensitive data secure and analysts firmly in control. The INETCO BullzAI Investigate module is powered by a proprietary small language model that is deployed on-premise so sensitive transaction data never leaves a customer’s environment. This is a critical requirement for financial institutions navigating strict data privacy, residency and compliance obligations. Specialized agentic AI fraud agents collate large transaction data sets, analyze behavioral patterns and automatically triage incoming alerts. The system prioritizes the highest-risk cases for analyst review and delivers explainable risk scoring that gives investigators clear, auditable reasoning behind every recommendation. Performance continuously improves through a human-in-the-loop supervised machine-learning cycle, where analyst feedback refines the system after every case. | INETCO
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Clio Work allows lawyers to use generative AI tools to summarize cases by pulling from filings and transcripts, pull up relevant case law and suggest arguments, and draft legal documents. It’s already available in the US and other, smaller markets. | BetaKit
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