CFOtech Canada - Technology news for CFOs & financial decision-makers

Financial institutions stories - Page 2

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iProov report warns of soaring iOS injection attacks

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iProov warns iOS injection attacks surged 1,151% in late 2025 as generative AI fuels deepfake impersonation and identity fraud.
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Neo Financial second FinTech to join Interac network

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Neo Financial becomes the second Canadian FinTech on Interac e-Transfer, boosting direct access for payments as the network opens to more providers.
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Visa says AI agents may soon negotiate business deals

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Businesses warm to AI agents haggling over deals, but consumers remain wary of handing software full control of spending.
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Personetics & Atomic partner on in-app deposit switching

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Personetics and Atomic team up to let banks prompt deposit and bill switching inside apps, aiming to cut friction and boost primary relationships.
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Gresham renames S&P Global EDM platform as Opus EDM

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Gresham renames acquired enterprise data platform Opus EDM, keeping it separate from Prime EDM and planning AI features for 2026.
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FNZ launches premium Select service for wealth clients

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FNZ launches premium Select service for wealth clients, giving top-tier firms priority product input, AI tools and faster platform support.
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Eltropy adds AI tools for credit union banking tasks

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Eltropy expands AI platform for credit unions with secure identity checks and account service tools to handle routine banking tasks in one conversation.
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Shield updates archive for banks with cheaper storage

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Shield rolls out archive overhaul for banks, promising up to 50% lower storage costs and smoother multi-petabyte migrations.
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Deloitte Canada, Stablecorp back QCAD stablecoin push

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Deloitte Canada and Stablecorp team up on QCAD stablecoin infrastructure for banks as Canada readies a clearer rulebook on digital payments.
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Ledger launches on-premise HSM for institutional keys

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Ledger rolls out on-premise HSM for banks, custodians and stablecoin issuers seeking tighter control of digital asset keys.
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Flywire appoints Christine Katziff to board & audit

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Flywire taps former Bank of America audit chief Christine Katziff for board role as it bolsters oversight of its global payments business.
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Allegro & Elliott launch USD $500m screen credit fund

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Allegro and Elliott-backed venture opens USD $500 million non-bank lending line for film and television projects.
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Data governance vs. data quality: Which comes first in 2026?

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Governance alone is no safeguard as enterprises are urged to make data quality the proof of trustworthy information in 2026.
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InDebted launches API for AI collections compliance

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InDebted unveils a standalone API to check AI-written debt collection messages in real time, flag vulnerability and create audit trails.
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UiPath launches AI tools for bank compliance & lending

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UiPath rolls out agentic AI for banks to automate sanctions checks and loan origination, citing faster decisions and tighter audit controls.
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Spade raises USD $40 million to boost payments data

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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.
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Solana launches platform for banks, payments groups

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Solana unveils an API-based developer platform for banks and payment firms, backed by Mastercard, Worldpay and Western Union pilots.
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Corlytics wins FinTech Breakthrough policy management award

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Dublin regtech Corlytics wins Policy Management Solution of the Year at FinTech Breakthrough for its AI-driven compliance platform.
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Smarsh unveils AI agents to speed probes & cut costs

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Smarsh launches AI agents to slash legal discovery and compliance surveillance time and costs for regulated firms handling vast data.
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Obin AI raises USD $7 million to power agentic finance

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Obin AI exits stealth with USD $7 million to build auditable AI agents for heavily regulated financial workflows and asset managers.