Warren Buffett has criticized trading platforms that overly gamify investing in the past, lamenting once in an annual meeting for Berkshire Hathaway shareholders that such platforms resemble gambling parlours more than investment platforms. [Read more…] about Mogo Rejects Gambling-Style Trading Apps in Favour of ‘Buffet Mode’ Investing Platform
Partnerships Power Up Innovation at the Intersection of Finance and Technology
When financial technology startups first began to disrupt Canada’s stodgy and conservative banking sector years ago, initial air between disruptors and incumbents felt thick and heavy.
Friend, the question begged, or foe? [Read more…] about Partnerships Power Up Innovation at the Intersection of Finance and Technology
Wealthsimple Launches Online Mortgage Offering in Partnership with Fellow Fintech Pine
In Canada, upward of 90% of mortgages are tied to a major bank.
In 2022, a Canadian financial technology startup emerged from stealth with a Series A round of funding to buck this trend. [Read more…] about Wealthsimple Launches Online Mortgage Offering in Partnership with Fellow Fintech Pine
Coinbase Wants to ‘Go Deeper’ into Canada’s Crypto Market Amid Broader International Push
Coinbase is seeing sustained success in Canada.
After the crypto giant recently became the first international cryptocurrency exchange to be registered in Canada, Coinbase posted a strong quarterly earnings report that in many ways exceeded analyst expectations. [Read more…] about Coinbase Wants to ‘Go Deeper’ into Canada’s Crypto Market Amid Broader International Push
RBC and Rogers Catalyst Launch New Fintech Startup Incubator with a Cybersecurity Focus
The Royal Bank of Canada this month announced the launch of the RBC FinSec Incubator. [Read more…] about RBC and Rogers Catalyst Launch New Fintech Startup Incubator with a Cybersecurity Focus
Growing Payment Automation Solution Plooto Expands C-Suite with Three New Hires
Toronto’s Plooto, a payment automation solution for small-to-midsize businesses, is stacking its C-suite with “power player” picks. [Read more…] about Growing Payment Automation Solution Plooto Expands C-Suite with Three New Hires
Bitbuy Acquires Canadian Clients from Bitstamp to Boost Crypto Community
Bitbuy Technologies recently acquired all 110,000 Canadian client accounts from Bitstamp, a cryptocurrency exchange operating since 2011.
The announcement was made by WonderFi Technologies, which wholly owns Bitbuy (as well as Coinsquare). [Read more…] about Bitbuy Acquires Canadian Clients from Bitstamp to Boost Crypto Community
Federal Government Continues Crawl Toward Open Banking Framework
Federal politicians have been speaking on the record about open banking since 2018.
Since then, we’ve endured a global pandemic, among other major events.
What hasn’t happened in that timeframe, however, is meaningful progress toward open banking in Canada. [Read more…] about Federal Government Continues Crawl Toward Open Banking Framework
Symcor Launches AI-Powered Solution to Mitigate Payment Fraud in Canada
One of Canada’s leading business solutions provider this week announced a new launch toaddress the escalating challenge of Authorized Push Payment fraud, which is where unsuspecting individuals are deceived into electronically transferring funds to fraudulent accounts. [Read more…] about Symcor Launches AI-Powered Solution to Mitigate Payment Fraud in Canada
Latest Launch from Toronto’s goConfirm Uses A.I. to Help Fight Fraud Online
A trailblazer in portable digital identity solutions has launched its latest innovation. [Read more…] about Latest Launch from Toronto’s goConfirm Uses A.I. to Help Fight Fraud Online