MaRS, a non-profit that supports high-growth startups and scale-ups tackling issues in the health, cleantech, and fintech sectors, has announced the launch of the Growth Acceleration Program, a multi-sector initiative designed to support executives of scaling, high-growth companies on their way to reaching C$20 million in revenue. The Growth Acceleration Program, funded by FedDev Ontario, […]
The federal government’s proposed budget includes over $61 million for fighting foreign interference, threats, and covert activities, although it isn’t clear how much of the effort will combat online activity. Announced Tuesday, the proposed budget includes giving Public Safety Canada $13.5 million over five years, starting in 2023-24, and then $3.1 million a year after […]
A U.S.-based data aggregator that allows consumers to connect their accounts with a variety of financial institutions through one app has now added its identity verification service for Canadian organizations. Last week, Plaid Financial began offering its Identity Verification and Monitor, a global verification and know-your-customer (KYC) solution, to help digital finance apps and services […]
FinTech encompasses a wide array of technological strategies, many of which have either improved the functionality of existing financial products and services or enabled the development of novel technological solutions for the financial sector. With the rapid growth of digital platforms, the FinTech industry has become more vulnerable to digital network security breaches. Simultaneously, the […]
There is a huge challenge in information security. The more secure a system is, the less usable it is likely to be and the less free people may be to innovate. This can also work in the reverse: more usability and more innovation can mean less security. This tension exists in the world of digital […]
A new app is looking to make donations to a cause or charity easy by allowing Canadians to donate spare change directly from their smartphones. Canadian fintech app, Mylo Financial Technologies Inc., which rounds up users’ purchases and invests their spare change, recently launched Round Up to Give. The mobile fundraising platform uses Mylo’s fintech […]
Anyone who’s ever sold something online knows how painful the process can be: from receiving the order, to manually calculating and writing the label, and finally, visiting a Canada Post location to drop off the parcel, it’s a long and tedious journey that can go wrong at any turn. PayPal and Canada Post have teamed up […]
