The new office will house more than 2,000 employees and places a priority on creating a collaborative environment in order to attract top talent
The venture launch pad is receiving an additional $5 million in funding from new angel investors, including Robert Frances and Paul Sabourin, among others
The firm has purchased BBS Securities and its affiliates, Pario Technology and Virtual Brokers
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