Fintechs Canada, CAMP draw up blueprint to make banking more competitive
In response to the Department of Finance’s consultation, Fintechs Canada and CAMP joined forces to give the government a policy agenda to promote competition in the financial sector.
Fintechs Canada advises government on predatory lending crackdown
Fintechs Canada is calling on the federal government to focus on the market conduct of predatory lenders, while ensuring the government’s proposed exemption of commercial loans from the new maximum allowable rate of interest is effective. Last year, after the federal government announced it would protect Canadians from predatory lending with a new maximum allowable […]
Fintechs Canada calls on government to promote financial sector integrity
The federal government recently launched a consultation on upholding the integrity of Canada’s financial sector. With the federal financial sector legislative framework up for review anyway, the government is asking Canadians to share their perspectives on the structure of the financial sector, risks to national security, and consumer protection, among other things.
Fintechs Canada urges government to move on open banking
In a letter sent last week to Finance Minister Chrystia Freeland, Fintechs Canada outlined the sector’s views on how the government should make progress on open banking. The sector is hopeful the government will provide an update on what the government will do next in the fall economic statement on November 21.
Fintechs Canada launches campaign urging Ottawa to modernize Canada’s financial sector
“Choose More” advocates for lower fees, more choices and faster payments for Canadians OTTAWA, ON, Oct. 4, 2023 /CNW/ – Fintechs Canada today launched the “Choose More” campaign, an initiative to raise awareness of how our financial sector could better serve Canadian consumers and businesses. The campaign is a response to the significant financial strains Canadians are experiencing: […]
Firefly Growth joins Fintechs Canada
“Firefly Growth is pleased to become a member of Fintechs Canada,” said Sue Britton, CEO and founder of Firefly Growth. “As an ecosystem we have to work together to ensure financial institutions and FinTechs gain what they need to thrive, and Fintechs Canada is the strong collective voice to make that happen.”
Nuvei joins Fintechs Canada
“We’re excited to be joining Fintech Canada. We’re a global payments company but our roots are firmly in Canada, and we support both local and international businesses optimizing their payments here,” said Philip Fayer, Nuvei Chair and CEO. “We’re strong advocates of a thriving fintech community and know the benefits industry-leading payments plays in growing revenues, which is why we’re looking forward to partnering with Fintechs Canada to bring our voice to debates in the sector.”
Fintechs Canada calls on Federal Government to Strengthen Anti-Money Laundering and Anti-Terrorist Financing Regime
Fintechs Canada has called on the government to strengthen its anti-money laundering and anti-terrorist financing regime. Considered by some to be a haven for money laundering, Canada’s approach to combating financial crime undermines the integrity of its financial sector and doesn’t do enough to stop criminals. Combating financial crime is a big focus for the […]
Fintechs Canada calls for renewed commitment to open banking, payments modernization
Fintechs Canada calls for renewed commitment to open banking and payments modernization in its pre-budget submission to the federal government.
Visa Canada joins Fintechs Canada
“Visa as a payment network is the foundation upon which fintechs innovate, and enables consumers to have access to new payment options that are efficient and secure,” said Chris Ferron, Visa Canada’s head of Fintech. “Visa’s decades long history and contributions to the payment ecosystem in Canada will add an experienced voice to Fintechs Canada’s efforts in creating pathways for payment innovators to thrive in Canada.”