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CGI signs a service agreement with the National Bank of Canada

News | Online & Mobile Banking | 29 Jan 2024

Canada-based CGI has extended its partnership with the National Bank of Canada for another ten years through an extended service agreement. 

partnership, banks, digitalisation, financial services, financial institutions

Bank of Canada asks the public's opinion on a potential digital dollar

News | Cryptocurrencies | 09 May 2023

The Bank of Canada has launched a public consultation that aims to assess how a digital dollar would fit into the Canadian economy.

CBDC, central bank, digital assets, banks

National Bank of Canada FI invests in EVO Payments

News | Online & Mobile Banking | 10 Apr 2023

The National Bank of Canada FI has announced its purchase of shares in the Evo Payments company, in order to mitigate risk and improve its development process.

acquisition, investment, online banking, digital banking, banks, risk management, fraud management

National Bank of Canada FI increases its stake in Nuvei

News | Payments General | 05 Apr 2023

The National Bank of Canada has reported a 156% increase in its stake in fintech Nuvei.

Nuvei , investment, digitalisation, fintech, ecommerce

Bank of Canada explores CDBC use for offline payments

News | Cryptocurrencies | 01 Mar 2023

The Bank of Canada has released a research note that explores the use of CDBCs for offline payments in various scenarios.

CBDC, cryptocurrency, central bank, research

HSBC sells Canadian business to Royal Bank of Canada

News | Online & Mobile Banking | 30 Nov 2022

HSBC Holdings’s subsidiary HSBC Overseas has entered into an agreement to sell its banking business in Canada to Royal Bank of Canada, subject to regulatory and governmental approvals.

acquisition, banks, banking, online banking, central bank

Bank of Canada introduces retail payments supervisory framework

News | Ecommerce | 23 Nov 2022

The Bank of Canada has introduced a supervisory framework under the The Retail Payments Activities Act which sets out how it will oversee PSPs and foster compliance.

retail, risk management, regulation, ecommerce, PSP

The Bank of Canada urges fintechs to prepare for retail payments regulation

News | Payments General | 03 Nov 2022

The Bank of Canada has urged firms to prepare for a regulatory regime that will cover companies providing services like digital wallets and electronic payment systems.

banks, fintech, retail, payments , regulation

RBC partners with Plaid for data access

News | Digital Identity, Security & Online Fraud | 17 Jun 2022

Royal Bank of Canada (RBC) and US-based financial services company Plaid have announced a mutual data access agreement, allowing RBC’s clients to share their financial data securely via a direct API with apps and services available on Plaid’s platform.

partnership, financial services, API, financial data, financial institutions, online banking, digital identity, online security

RBC integrates MYPINPAD's Identity Verification Service

News | Digital Identity, Security & Online Fraud | 18 May 2022

Royal Bank of Canada (RBC) has teamed with payments solution provider MYPINPAD to integrate the latter’s bank-grade Mobile Banking Authentication SDK (MBAS) into RBC’s mobile banking app.

partnership, identity verification, two-factor authentication, mobile payments