Bank of Canada stories
Visa widens AI payments testing in Canada, enlisting BMO, CIBC, RBC, Scotiabank and TD to trial agent-initiated transactions with real cards and merchants.
Tetra Digital Group has launched CADD, a regulated Canadian dollar stablecoin backed one-to-one by cash and aimed at banks and fintech groups.
Waabi's USD $750 million round helped lift late-stage investment and kept Toronto dominant, as Canadian tech funding held up despite fewer deals.
Canada's top brands add CAD $396 billion in value as banking dominance eases, with TD, RBC and Circle K leading a broader sector rally.
RBC taps Hopper Technology Solutions to run Avion Rewards Travel, adding flexible booking tools and predictive pricing for members.
Deloitte Canada and Stablecorp team up on QCAD stablecoin infrastructure for banks as Canada readies a clearer rulebook on digital payments.
Canada's tokenised markets hinge on OSC engagement, institutional uptake and hybrid blockchain rails, speakers told a Toronto summit.
Canadian small business sales sank 4.1% in late 2025, the sharpest quarterly slump since 2020, as uncertainty and supply shocks hit demand.
Experts say the Stablecoin Act may be the right chance for Canada to catch up in the evolution of Web3 infrastructure.
BDO Canada acquires GrantMatch, adding grants specialists and a funding-tracking platform to expand its Credits & Incentives services.
Canada must treat data centres as core infrastructure in 2026 to turn AI strategy into secure, low‑carbon growth for communities.
Multiverse launches LittleLamb open-source models for edge and offline use, touting compact AI for mobile, industrial and defence deployments.
OpenAI secures USD $122 billion in funding as Amazon, Nvidia and SoftBank back a rapid expansion in compute, enterprise tools and product plans.
New York fintech Spade raises USD $40 million in Series B funding led by Oak HC/FT to expand its real-time payments data intelligence tools.
LemFi gains Bank of Canada oversight under the new Retail Payment Activities Act, bolstering trust in its cross-border remittance services.
MariaDB moves to buy in-memory specialist GridGain in a bid to deliver sub-millisecond latency for agentic AI and real-time workloads.
Multiverse launches CompactifAI, a quantum-inspired app that runs compressed AI models offline on mobiles, targeting strict data regimes.
Firgun's debut quantum fund deal backs Canada's Photonic from its $250m pot, deepening cross-border UK-North America ties.
Despite billions invested in AI, financial firms see slow adoption as solutions must prioritise trust, transparency, and augment human judgement over automation.
Multiverse Computing's quantum finance paper passes 1,000 citations, cementing its software-led approach as a rare standout beyond hardware.