Canada has formally committed to establishing a national Open Banking system, marking a major policy development nearly a decade after initial consultations began.

PayPal has launched Pay in 4, a no-interest, no-fee BNPL service, in Canada as the holiday season is approaching.

Nuvei has expanded its payout capabilities through the integration of Visa Direct for Account into its payments platform.

Questrade Financial Group has gained a federal banking licence from the Canadian banking regulator, launching Questbank.

Digital bank Tangerine has signed a strategic agreement with Engine by Starling aimed at providing an advanced banking platform for its clients across Canada.

General Bank of Canada (GBC) has partnered with UK-based technology firm Thought Machine to modernise its core banking systems.

Canada-based financial services company Wealthsimple has signed an equity round of up to USD 538 million, reaching a post-money valuation of approximately USD 7.17 billion.

General Bank of Canada (GBC) has entered into a strategic partnership with Thought Machine to support the shift towards a cloud-native technology architecture.

Eftsure has announced the launch of its international payment verification service for customers across Europe, the US, Canada, India, Japan, and South Korea.