Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Nex News Network Media Partners Office Leading Trading and Fintech Advancements at Money Expo India 2025 in Mumbai

August 26, 2025

Ibikunle: Pioneers of Africa’s Economic Transformation through Innovation and Financial Inclusion

August 26, 2025

Philadelphia’s Fintech Initiative Seeks to Enhance Accessibility of Financial Advice

August 26, 2025

Health plans are overlooking chances to leverage data and AI

August 26, 2025
Facebook X (Twitter) Instagram
Trending
  • Nex News Network Media Partners Office Leading Trading and Fintech Advancements at Money Expo India 2025 in Mumbai
  • Ibikunle: Pioneers of Africa’s Economic Transformation through Innovation and Financial Inclusion
  • Philadelphia’s Fintech Initiative Seeks to Enhance Accessibility of Financial Advice
  • Health plans are overlooking chances to leverage data and AI
  • Leverage Fintech Innovation and Investor Support to Build Long-Term Value
  • Public safety takes the lead, while healthcare and struggling finches also experience significant growth.
  • Encouraging Innovation Amid the Global Inclusion Gap – Updates and Data
  • Kiwi secures $24 million in Series B funding led by Vertex Ventures.
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    JMJ Fintech experiences fluctuations despite robust recent financial results and growth strategies

    August 16, 2025

    Revolutionizing Financial Independence through Cryptocurrency Adoption

    August 16, 2025

    Reasons Robinhood is poised for long-term growth in the evolving FinTech and cryptocurrency sectors.

    August 16, 2025

    As profits increase, PB Fintech makes another move into common funds.

    August 1, 2025

    The integration of AI is advancing within Israel’s fintech sector.

    July 31, 2025
  • AI

    Ibikunle: Pioneers of Africa’s Economic Transformation through Innovation and Financial Inclusion

    August 26, 2025

    Health plans are overlooking chances to leverage data and AI

    August 26, 2025

    Encouraging Innovation Amid the Global Inclusion Gap – Updates and Data

    August 25, 2025

    Upcoming Finance Leaders Should Focus on AI and Robotics While Steering Clear of Cryptocurrency

    August 25, 2025

    Exploring Strategic Prospects in Digital Assets and Financial Innovation with an Emphasis on AI

    August 25, 2025
  • Acquisitions

    Truckstop.com purchases the denim division of the transport finish company

    August 24, 2025

    The funding strategy for the Fintech company is secured.

    July 31, 2025

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025
  • Trends

    Vietnam’s fintech market projected to exceed 50 billion USD by 2030.

    August 21, 2025

    Silicon Valley Bank’s 2024 Fintech Report offers insights on funding trends, capital transactions, evaluations, and opportunities, including the growing focus on AI, as of October 31, 2023.

    August 18, 2025

    Future Fintech advances in the virtual asset industry by applying for a VSP license in Hong Kong.

    August 17, 2025

    A Driving Force for Fintech 2.0

    August 17, 2025

    Insights on the Future of Fintech in Asia

    August 17, 2025
  • Insights

    CM Majhi introduces i-gftch and bharatnetra to enhance Odisha’s fintech ambitions

    August 23, 2025

    Crypto and fintech leaders call on Trump to prevent banks from imposing data fees.

    August 19, 2025

    Breaking: Over 80 leaders in crypto and fintech urge Trump to prevent access to banking data, highlighting harm to consumers | Flash report details

    August 19, 2025

    A high-stakes competition in the Finch gaming revolution

    August 18, 2025

    Fintech Lance AI Assistant provides over 1 billion loans for migrants.

    August 16, 2025
  • Rumors

    Market Impact and Strategic Prospects

    August 15, 2025

    Speculation rises amid Figma’s success and OpenAI’s $500 billion evaluation discussions.

    August 14, 2025

    China does not confirm any new restrictions on cryptography amid market volatility rumors.

    August 11, 2025

    Reinstating Trust in Cryptocurrency: The Significance of Reliable Information

    August 2, 2025

    Mybambu is expanding in West Palm Beach, aiming to create 200 new jobs, among several financial services firms that have relocated to Palm Beach County recently.

    July 31, 2025
  • Startups

    Philadelphia’s Fintech Initiative Seeks to Enhance Accessibility of Financial Advice

    August 26, 2025

    Public safety takes the lead, while healthcare and struggling finches also experience significant growth.

    August 25, 2025

    Kiwi secures $24 million in Series B funding led by Vertex Ventures.

    August 25, 2025

    Ukrainian fintech launches mobile neobank in Uzbekistan

    August 25, 2025

    The Fintech Kiwi startup secures $24 million in Series B funding, with Vertex Ventures leading the round.

    August 25, 2025
  • finjobsly
fintechbits
Home » F|T: The FinTech Times – Canadian banks rank among the best in global AI innovation
Technology Innovations

F|T: The FinTech Times – Canadian banks rank among the best in global AI innovation

6 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Rbc 1.jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Plus: Haun Ventures is returning to blockchain by investing in Chainalysis.

Welcome to FinTech Times, a weekly newsletter covering the biggest FinTech news from around the world. If you want to read F|T before everyone else, be sure to subscribe using this form.

Several Canadian banks rank among the best globally for AI research

Canadian banks occupy three of the world’s top ten spots for artificial intelligence innovation, according to a new ranking.

The Royal Bank of Canada, the Toronto-Dominion Bank and the Bank of Montreal rank third, sixth and ninth in the world, respectively, according to a report released Tuesday morning by AI benchmarking platform Evident Insights Ltd.

“It was one of the biggest surprises when we first ran the index, to see how many Canadian banks ranked so high, largely driven by their approach to research and patents in innovation in AI,” said Alexandra, CEO of Evident. Mousavizadeh said in an interview.

(The Globe and Mail)


Harvest Ventures, New York-based IA Capital backs Summit’s $3.5 million seed round

Kelowna-based digital insurance brokerage Summit has raised CA$3.5 million in seed funding to expand its technology infrastructure and revenue teams.

The all-stock seed round was led by New York-based venture capital firm IA Capital Group, with follow-on investment from Calgary-based Harvest Ventures.

Founded in 2022, Summit bills itself as a national insurance brokerage and risk management company offering technology solutions.

(BetaKit)


Haun Ventures Buys Chainalysis Dip

Haun Ventures raised $1.5 billion to invest in crypto startups just before the market crashed and venture capital deals slowed significantly. Now, as the crypto market shows signs of recovery, Haun is going active and quietly taking a stake in one of the sector’s most high-profile survivors, at a sharply discounted price from its peak valuation.

Haun Ventures, which had not previously invested in Chainalysis, has also attempted to arrange a larger secondary purchase from existing investors in recent months.

BetaKit reported last April: Chainalysis, a US-based blockchain data platform, provides data, software and research services, partnering with Calgary Police to create the CPS Blockchain Investigation Team, dedicated to supporting related investigations to cryptocurrency and blockchain.

(The information)


Investigation into CleanBC program raises fears of fallout for provincial startups from cleantech and grants experts

Allegations of conflict of interest in B.C.’s clean technology grant programs for electric vehicles have sparked a provincial investigation into MNP’s administrative approach.

Many grants and cleantech experts BetaKit spoke with believe a review is warranted, but expressed concern the outcome for B.C. tech companies will be similar to the fallout from the Cleantech scandal. Sustainable Development Canada, although on a much smaller scale.

“The best outcome is to do (this) review quickly and come to an agreement that will get money flowing again soon,” said Jeanette Jackson, CEO of Vancouver-based cleantech accelerator Foresight Canada , in an interview with BetaKit.

(BetaKit)


SEC Moves to Sue Uniswap in Aim to Hinder Fast-Growing DeFi Sector

The Securities and Exchange Commission on Wednesday warned Uniswap that it intends to take enforcement action against the company, which is the leading platform for DeFi, a segment of the crypto market where traders rely on protocols IT companies that act as automated market makers to trade various tokens.

Fortune has not yet known the specific nature of the SEC’s allegations against Uniswap Labs, the company that built the protocol of the same name but does not control it. But based on the agency’s recent lawsuits against prominent crypto companies like Coinbase, the agency is likely to assert that the company illegally offered unregistered securities to the public or that it did not failed to register as a broker or exchange.

(Fortune)


Define Capital Closes $20 Million to Acquire and Nurture Profitable Niche Software Companies

Through Toronto’s Define Capital, RIV Capital alumnus Narbe Alexandrian plans to buy profitable software-as-a-service and business-to-business software verticals and grow them for the long term.

“The idea is to create long-term value by acquiring these SaaS and (B2B) software companies, optimizing them, and then holding them forever, similar to a Constellation-type model,” he said. Alexandrian told BetaKit in an exclusive interview.

(BetaKit)


Riskthinking.AI selected by OSFI to provide financial institutions with climate risk data

Riskthinking.AI, based in Toronto, was selected by the Office of the Superintendent of Financial Institutions to provide climate risk data to financial institutions required to complete the 2024 standardized climate scenario exercise.

“Financial institutions are exposed to the consequences of climate change,” said AMF President and CEO Yves Ouellet in a press release. “The joint exercise we are launching today with our OSFI colleagues will help institutions be better prepared to manage climate change-related risks. This will also allow us to take the necessary actions to support the stability of financial markets and the protection of Quebec consumers.

(BetaKit)


London fintech GoCardless appeals to shareholders for £131m funding after losses mount

London-based fintech GoCardless has appealed to its shareholders for an additional £131 million in funding after reporting worsening losses.

The Google-backed company said it had completed a £90m fundraising from its parent company, as well as a £41m cash advance. It is unclear to what extent the company’s valuation has been impacted by this new funding, but the company warned of “a diminished appetite for investing in later growth companies.”

(The standard)


As crypto gains momentum again, Coinbase Canada’s Lucas Matheson is focused on the next big goal: adoption.

For Lucas Matheson, CEO of Coinbase Canada, it is now clear that crypto as an asset class is “here to stay,” and the industry is now looking in a new direction: driving adoption.

“Now is the opportunity for us to change and help evangelize the opportunity for Canadians to have access to the digital economy,” Matheson told BetaKit.

In a recent fireside chat with Satish Kanwar, Interim CEO of BetaKit, Matheson explored how Coinbase seeks to catalyze crypto adoption in Canada, the role government will play, and opportunities for more innovation wide in Canada.

(BetaKit)


TransferGo raises $10 million to expand its remittance business in Asia, doubling its valuation

TransferGo, the UK-based fintech best known as a consumer platform for global remittances, has raised a $10 million growth funding round from Taiwanese investor Taiwania Capital, aiming to expand in the Asia-Pacific region. The last Series C fundraising of $50 million took place in 2021.

(TechCrunch)


Intel says businesses must have choices to unlock AI’s potential

Following the Intel CEO’s keynote speech and the company’s Vision conference announcement of more energy-efficient processing chips and an open AI application ecosystem, Asma Aziz, Director of Marketing Canada at Intel, explained to BetaKit why the company believes the path to enterprise AI adoption runs through open ecosystems rather than walled gardens.

(BetaKit)


F|T: The FinTech Times is presented by MANTLE

AI-powered stock management for modern founders

Say goodbye to tedious spreadsheets and overpriced software to track your business ownership and say hello to Mantle, the Canadian-made, AI-powered stock management solution designed for founders and operators modern.

Mantle handles everything from broadcasting to planning and screenings, easing your workload.

Sign up now and enjoy free access for 12 months, plus seamless onboarding and an exclusive rate of $100 per month after your first year.

Visit withmantle.com/betakit to start.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Nex News Network Media Partners Office Leading Trading and Fintech Advancements at Money Expo India 2025 in Mumbai

August 26, 2025

Leverage Fintech Innovation and Investor Support to Build Long-Term Value

August 26, 2025

Exploring Innovation in Fintech: A Deep Dive into Payments

August 22, 2025
Leave A Reply Cancel Reply

Latest news

Nex News Network Media Partners Office Leading Trading and Fintech Advancements at Money Expo India 2025 in Mumbai

August 26, 2025

Ibikunle: Pioneers of Africa’s Economic Transformation through Innovation and Financial Inclusion

August 26, 2025

Philadelphia’s Fintech Initiative Seeks to Enhance Accessibility of Financial Advice

August 26, 2025
News
  • AI in Finance (1,527)
  • Breaking News (164)
  • Corporate Acquisitions (67)
  • Industry Trends (196)
  • Jobs Market News (304)
  • Market Insights (203)
  • Market Rumors (263)
  • Regulatory Updates (164)
  • Startup News (1,013)
  • Technology Innovations (166)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,527)
  • Breaking News (164)
  • Corporate Acquisitions (67)
  • Industry Trends (196)
  • Jobs Market News (304)
  • Market Insights (203)
  • Market Rumors (263)
  • Regulatory Updates (164)
  • Startup News (1,013)
  • Technology Innovations (166)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.