CIBC this week announced plans to hire more than 200 technology-related roles over the next 12 months.
Specifically, the Canadian bank is seeking to fill roles in the areas of data and artificial intelligence. [Read more…] about Big Five Bank Reveals Plans to Grow Tech Team as AI Adoption Gains Steam
Financial strength was certainly a key part of Coinbase’s quarterly earnings report this week. [Read more…] about Coinbase Makes Progress Toward Achieving ‘Regulatory Clarity’ in Canada
Like TD Bank, the Canadian Imperial Bank of Commerce is openly interested in artificial intelligence technology.
CIBC announced this week, for example, a strengthening of its relationship with the Vector Institute. [Read more…] about CIBC Unveils Deepened Commitment to Advancing and Adoption AI Technology
IBM’s 2024 Cost of a Data Breach Report highlighted this week that Canadian organizations face an average cost of more than $6 million per data breach, much higher than the global average of less than $5 million, as “breaches grow more disruptive and further expand demands on cyber teams.” [Read more…] about Fintechs Suffer Hardest in Canada from Cyber Attacks, IBM Report Reveals
A growing number of Canadians are using artificial intelligence technology to help manage their finances and investments. [Read more…] about Gen Z is Tapping into AI for Help with Finance and Investing, BMO Index Finds
Nearly 15% of Canadians have experienced payment fraud in just the past six months, new data suggests, prompting concern about the risk of cyber finance. [Read more…] about When It Comes to Moving Money Online, Fraud Remains a Concern for Canadians
This week Peoples Group announced the appointment of Will Keliehor as Chief Client Officer. [Read more…] about Peoples Group Names Will Keliehor Chief Client Officer
Global payments and financial platform Airwallex today announced a partnership with Float, one of Canada’s fastest-growing B2B fintechs, to enable fast and cost-effective bill payments for both domestic and overseas transactions. [Read more…] about Airwallex Partners with Float to Streamline Bill Payments for Canadian Businesses
Toronto’s Uplinq Financial Technologies has been named a finalist for a 2024 Finovate Award in the Most Impactful AI-Based Solution category. [Read more…] about Uplinq Named Finalist for 2024 Finovate Award in AI Innovation
Vancouver-headquartered VoPay, a leading provider of embedded payment solutions, has forged a strategic partnership with Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs). [Read more…] about VoPay and Sage Partner to Enhance Payroll Efficiency for SMBs with Embedded Payment Solutions
