Global financial messaging network Swift said earlier this year that it was working with 25 financial institutions (FIs) and application providers on a “proof of value” initiative focused on improving front-end interactions, where the lower-end value transactions (defined as payments below the $100,000 threshold) is...
Synctera is bringing its Banking-as-a-Service (BaaS) platform to Canada. The FinTech announced Thursday (March 9) it had formed a partnership with the National Bank of Canada to make the project happen, coming at a time when — as PYMNTS noted recently — digital banking is...
A new spate of interest rate increases and more inflation may erase the savings that consumers built up during the pandemic, a report from Bloomberg said. The report noted that National Bank of Canada CEO Laurent Ferreira said this would likely come in 2023, a...
National Bank of Canada announced Wednesday (Aug. 25) it has invested $103 million in Montreal-based FinTech platform Flinks, including $30 million the company plans to use to expand its reach across North America after a successful launch in the U.S. The investment will allow Flinks...
December 09, 2024
Global financial messaging network Swift said earlier this year that it was working with 25 financial institutions (FIs) and application providers on a “proof of value” initiative focused on improving front-end interactions, where the lower-end value transactions (defined as payments below the $100,000 threshold) is worth as much as $12 million. Andy Elliott, vice president […]
February 24, 2025
Canadian banks are set to announce their quarterly earnings this week, and while analysts are optimistic about the results, they note that potential U.S. tariffs may dampen the mood. The Big Six banks — namely, Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, Canadian Imperial Bank of Commerce and the National […]
March 09, 2023
Synctera is bringing its Banking-as-a-Service (BaaS) platform to Canada. The FinTech announced Thursday (March 9) it had formed a partnership with the National Bank of Canada to make the project...
April 25, 2022
A new spate of interest rate increases and more inflation may erase the savings that consumers built up during the pandemic, a report from Bloomberg said. The report noted that...
August 26, 2021
National Bank of Canada announced Wednesday (Aug. 25) it has invested $103 million in Montreal-based FinTech platform Flinks, including $30 million the company plans to use to expand its reach...