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Industry news

Fintechs Canada asks government to provide extra funding to FCAC in Budget 2025

The not-for-profit said additional funding for the Financial Consumer Agency of Canada would support Canada’s Open Banking rollout.

TotallyMoney expands credit-matching capabilities with Aro partnership

Andrew Fisher, Aro’s chief growth officer, called the secured loan market “a pivotal lifeline for consumers”.

Payments Canada study reveals impact of payment fraud on Canadians

The research identified the top three most common types of payment fraud in Canada.

SME lender Triver teams up with Elcom to launch new payment service

Triver’s founder Jerome Le Luel said it is “solving the cashflow conundrum for SMEs supplying the public sector”.

FDATA North America: Canada’s Budget 2025 should commit to Open Finance timeline

FDATA North America has written to the Canadian House of Commons’ Standing Committee on Finance with its recommendations for Budget 2025.

Citi Hong Kong unveils new wealth feature via HKMA data-sharing pilot

It is one of the first retail banks to participate in the Hong Kong Monetary Authority’s Interbank Account Data Sharing pilot.

AperiData, PayPoint expand Open Banking solution to Citizens Advice Bureaus

Earlier this year, PayPoint made an investment in AperiData as part of an existing commercial partnership.

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