Finaeo has raised more than $2 million toward project to create a digital “marketplace” for insurance advisors
Regulator must be prepared to adapt banking standards and supervisory expectations to new innovations
The technology services firm serves the financial services industry from offices in Toronto and Halifax
The acquisition of TKS aims to assist Assumption Life in communicating more effectively with partners, advisors and clients
There are concerns that regulatory “sandboxes” could potentially lead to level playing field issues and forum shopping
Investor interest in fintech remains quite high in Canada, with the Big Five banks continuing to place a strong emphasis on innovation
EY survey says lack of awareness and a preference for traditional firms as main reason for low penetration
New paper from Waterloo think tank suggests necessary steps should be taken to encourage fintech growth domestically and globally
Far from replacing interaction with real people, technology strengthens the financial advisor’s client service
Through their innovation hubs, financial services institutions are exploring ways of integrating AI and other technology into wealth management