Canada’s Finance Ministry has been holding discussions with stakeholders for several years about introducing open banking, which uses secure application programming interfaces (APIs) to share ...

Wealthsimple and Koho are among the Canadian FinTech firms tapped as registered payment service providers by the Bank of ...

The industry is moving quickly to keep pace. JPMorgan has launched a stablecoin-like asset in the US, while PayPal and Visa ...

True prosperity won’t come from lower prices alone. It will come from redesigning a financial system that helps every ...

The Bank of Canada signaled on Wednesday an end to its cutting cycle after trimming its key overnight interest rate to 2.25%, ...

The concept of open banking, or financial data sharing between banks and fintechs, comes with a number of security concerns. What if an application programming interface — a tunnel through which data ...

The effort to establish rules governing consumers' access to their financial data has been effectively derailed by litigation ...

OTTAWA—The Bank of Canada’s No. 2 official endorsed a competition shakeup in the highly concentrated financial-services industry, saying the country’s banking sector is an oligopoly and changes could ...

OTTAWA (Reuters) -Canada's banking regulator wants the country's biggest financial institutions to take "smart" risks to expand their lending and is open to adjustments in its capital rules to ...