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RBC creates unified global transaction banking unit
Fintech

RBC creates unified global transaction banking unit

The reorganisation is meant to deepen corporate relationships and support RBC's push for more operating deposits and fee income.

By Karen Joy Bacudo • 3 min read • Thu, 27th Aug 2026
RBC & BMO sell Moneris to Francisco Partners for USD $2bn
Fintech

RBC & BMO sell Moneris to Francisco Partners for USD $2bn

The sale hands one of Canada's biggest merchant payment networks to a technology investor, while preserving referral ties with the two banks.

By Karen Joy Bacudo • 3 min read • Thu, 13th Aug 2026
RBC & TD launch Swift's new payment scheme in Canada
Fintech

RBC & TD launch Swift's new payment scheme in Canada

Canadians getting money from abroad should see fewer deductions and faster arrivals as the new scheme is rolled out on selected routes.

By Karen Joy Bacudo • 4 min read • Sat, 1st Aug 2026
Ramp opens finance platform to Canadian businesses
Software-as-a-Service

Ramp opens finance platform to Canadian businesses

Canadian firms can now handle cards, expenses and bill payments in one system, as Ramp targets businesses beyond the US.

By Karen Joy Bacudo • 3 min read • Thu, 30th Jul 2026
Peoples Group backs hybrid models for Canada payments
Fintech

Peoples Group backs hybrid models for Canada payments

As Canada's payments system grows more complex, hybrid access is emerging as a way to cut costs and ease compliance burdens.

By Karen Joy Bacudo • 4 min read • Thu, 23rd Jul 2026
Adyen Canada joins Payments Canada in membership boost
Fintech

Adyen Canada joins Payments Canada in membership boost

The move gives the Dutch fintech a direct voice in shaping Canada's payments rules as membership rules widen beyond banks.

By Joseph Gabriel Lagonsin • 4 min read • Wed, 15th Jul 2026
Ottawa releases new bank fraud & data sharing rules proposal
Data Protection

Ottawa releases new bank fraud & data sharing rules proposal

Consumers could gain stronger protections and easier data sharing as Ottawa opens consultations on bank fraud and open-banking rules.

By Jake MacAndrew • 3 min read • Wed, 1st Jul 2026
Canada's early-stage startup funding falls 40% in Q1: RBCx
Clean technologies

Canada's early-stage startup funding falls 40% in Q1: RBCx

Fewer Canadian founders are getting backed as venture capital tightens, leaving pre-seed and seed-stage startups struggling to secure cash.

By Jake MacAndrew • 4 min read • Thu, 25th Jun 2026
Kraken lists QCAD as Canada weighs stablecoin rules
Fintech

Kraken lists QCAD as Canada weighs stablecoin rules

Canada's new stablecoin regime could decide whether users can earn rewards on CAD-backed tokens, as Kraken warns of split oversight.

By Karen Joy Bacudo • 4 min read • Tue, 9th Jun 2026
RBC expands Vancouver hub to add 1,000 jobs by 2029
Data Protection

RBC expands Vancouver hub to add 1,000 jobs by 2029

The bank plans to add 440 net new roles in British Columbia by 2029 as it widens its artificial intelligence and banking operations.

By Karen Joy Bacudo • 4 min read • Wed, 3rd Jun 2026
National Bank of Canada teams up with Sardine on fraud
Data Analytics

National Bank of Canada teams up with Sardine on fraud

The deal gives National Bank of Canada new fraud tools as lenders race to curb losses without adding friction for customers.

By Karen Joy Bacudo • 3 min read • Fri, 22nd May 2026

Global Stories

Bank of Canada stories

North American fund managers boost currency hedging
Digital Transformation

North American fund managers boost currency hedging

Losses from unhedged foreign exchange exposure have pushed almost all North American fund managers to hedge forecastable currency risk.

By Karen Joy Bacudo • 4 min read • Thu, 20th Aug 2026
Multiverse Computing raises USD $570 million in Series C
Space

Multiverse Computing raises USD $570 million in Series C

The funding lifts the Spanish AI firm to a USD $1.7 billion valuation as demand grows for cheaper, lower-energy model deployment.

By Joseph Gabriel Lagonsin • 4 min read • Tue, 28th Jul 2026
North American firms delay investment on policy uncertainty
Manufacturing

North American firms delay investment on policy uncertainty

Policy uncertainty is forcing 90% of North American corporates to delay investment, as US dollar swings reshape hedging and supply chains.

By Karen Joy Bacudo • 4 min read • Fri, 17th Jul 2026
Yondr secures dual facilities to fund Europe growth
Data centers

Yondr secures dual facilities to fund Europe growth

The data centre developer gains extra funding headroom as tightening power access makes new sites harder to secure across Europe and North America.

By Karen Joy Bacudo • 3 min read • Wed, 3rd Jun 2026
IBM & Red Hat launch £5bn open-source security plan
Fintech

IBM & Red Hat launch £5bn open-source security plan

The move targets vulnerabilities in software used by large firms, as AI makes it easier to find and exploit flaws.

By Sean Mitchell • 4 min read • Fri, 29th May 2026
Project Agorá advances into real-value payment testing
Fintech

Project Agorá advances into real-value payment testing

The next phase could ease delays and settlement risk in wholesale cross-border transfers as Project Agorá moves to real-value testing.

By Karen Joy Bacudo • 4 min read • Thu, 28th May 2026

Stories from Other Regions

Bank of Canada stories