It’s not the first time that one of the big Canadian banks has partnered with a financial technology upstart
The central bank has also launched a fintech accelerator program
The group will examine technological innovations in the financial sector and anticipate regulatory and consumer protection issues
Australian regulator is committed to facilitating innovation in financial services
The websites of large financial services institutions have the tools that could lead to product purchases, but don’t go far enough in producing successful transactions
The two banks have more than doubled the fintech firm’s debt facility to $125 million from its previous level of $50 million
Asia saw the largest gains in venture capital fintech funding in Q1, but North America also increased as a result of a US$400-million investment in Oscar Health Insurance
The study will examine how innovation is affecting the way consumers and businesses use financial products and services
The bank will work with 23 start-ups by providing mentorship and business development support to help them develop a working prototype
Banks are adopting new technologies to improve the experience of their consumers and to stay competitive