The factory will employ digital, design, engineering and agile specialists that will look for ways to improve mobile and digital banking transactions with new fintech tools
Committee members will serve one-year teams and advise OSC staff on developments in fintech as well as the challenges these startup companies face
Portag3 Ventures LP, another VC fund, is one of the backers in the project and Paul Desmarais III of Power Financial serves as both VC funds’ chairman
The event will focus on whether Canada offers an environment that allows fintech innovation and best international practices for fostering innovation
Canada’s financial capital also has great potential to rise in the standings because it’s home to many incubators, accelerators and educational institutions
The regulator pulled out all the stops to engage a wide range of contestants from the developer community, ranging from high-school students to a team from Deloitte
Under the exemption, fintech firms will be allowed to experiment their new, innovative services with a limited number of retail investors
The bank and QED Investors are launching a VC fund that will seek out companies in Latin America focused on fintech disruptors
The deal is designed to promote cross-border fintech innovation as well as the sharing of knowledge
Fintech firms that are granted these charters from the OCC would have to adhere to standards of safety and soundness as well as fair access