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European and Canadian central banks expected to cut interest rates

News | Payments General | 03 Jun 2024

The European Central Bank (ECB) and the Bank of Canada (BoC) have been forecast to lower their benchmark rates in the coming days. 

central bank, inflation, banks, interest rate

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