The 6th Canada Fintech Forum: What’s Next For Canada and Open Banking?
We want to work with early-stage startups in fintech, even though they may compete against some of our members” The above comment was made by Louis Levesque, CEO at Finance Montreal, at the opening of the 6th Canada Fintech Forum on the 30th of October this year. For us at FormFintech, an organization that is […]
Upcoming Industries: Allset, OmniC3 | Ascension Fintech Program
Fintech in Canada is somewhat of a new phenomenon. But in other parts of the world, especially Europe, digital transformation within the finance industry has been going on for over a decade. Developing nations, on the other hand, fall somewhere in the middle of the spectrum and are doing their own brand of fintech by […]
Accounting Tech: Nextax and Deeply | Ascension Fintech Program
Many, especially small businesses, wish that they could make the process of accounting and taxation a lot easier, or do away with it altogether. Score.org conducted a survey among 1000 small and medium sized businesses, which revealed that 47% of these business dislike the cost associated with accounting and 13% dislike the administrative headaches and time that […]
Research Intelligence: Aquantix and Krypto | Ascension Fintech Program
If a finance professional from the early 2000s were to time-travel all the way into 2018, he would be completely baffled. An electronic-asset (backed by nothing) that appreciated close to a million percent (read: Bitcoin), insurance providers that are fully digital, Apple with a payments wallet! Things have changed considerably, primarily after the 2008 financial […]
Lending & Consolidation: Ophelia, FinanceToiMieux | Ascension Fintech Program
Even though the per capita debt level in Canada is minuscule as compared to that in the United States, it is definitely not something to be scoffed at. According to the Office of the Superintendent of Bankruptcy Canada (OSB), the average household debt in Canada is at 163% of disposable income, and nearly 4 out of […]
Financial Literacy: BlockRewards & Hardbacon | Ascension Fintech Program
Fintech is changing the way financial services are packaged and delivered. Tasks associated with everyday banking are becoming increasingly customer-centric and engaging. But these advancements are not being coupled with improvements in financial literacy. Based on a study conducted by lowestrates.ca in partnership with IPSOS, 34% of Canadian are unaware of the fact that free […]
BDC Canadian Fintech Summit 2.0: Banks Moving Towards Collaboration
Peter Misek, Partner BDC IT Venture Fund, opened the BDC Canadian Fintech Summit 2.0 held in Toronto on April 17th and 18th 2018, with a bold statement. He stated that Canada and the US are very much alike when it comes to startups they produce, so the scalability problem that everyone keeps talking about isn’t […]
Can blockchain save the planet? Part 2
Trouble in the Blockchain-Carbon Trading Paradise Following the success of the Acid Rain Program, an emissions trading system (ETS) was considered as the ideal solution to tackle environmental pollution. The first part of this article series assumed that emissions trading is the quintessential way to control GHG emissions. But it would not be far-fetched to say that cap-and-trade […]
Fintech: Not Just Startups – Highlights of Finance Montreal’s Deloitte Technozone 2017
Fintech startups are all about pushing the envelope, whether in technology or customer experience. Be that as it may, many forget that banks were the original “innovators.” Even now, a number of corporates and banks are engaging with disruptive tech in their own way, either by developing solutions in-house or engaging directly with external innovation […]
Can Blockchain Help Save the Planet? Part 1
The Use of Blockchain with Carbon Trading There is a dire need for things to change. Many in the enlightened climate change camp are screaming at the top of their lungs to make the general public, government and corporations realizehow perilously close to the edge we are. Canada, in particular, is lagging behind the curve. […]
