Tag: Canada

Canada's AML/CFT regime is undergoing its most sweeping transformation in a generation. The creation of the Canada Financial Crimes Agency (CFCA), combined with far-reaching...

Flare, a Canadian cybersecurity company specialising in TEM, has raised $30m in fresh funding to accelerate product development and strategic acquisitions. The new capital includes...

The total value of regulatory fines issued globally in Q3 2025 reached $834.9m, marking a sharp 71.3% decline compared to Q2. This quarter, however, saw...

Canada’s federal government has announced a sweeping set of reforms to combat the growing threat of financial scams, fraud, and abuse, including the launch...

Cavelo, a Canadian cybersecurity company specialising in attack surface management solutions for managed service providers (MSPs) and managed security service providers (MSSPs), has announced a C$5m seed extension round.

Data privacy continues to become an important topic for regulators around the world, as more regulations are released each year bolstering rules to ensure greater protections.

Canada’s ongoing battle with fentanyl trafficking has taken a dramatic turn in recent years, with growing pressure on both borders and financial systems. In 2024 alone, authorities reported significant seizures of fentanyl moving between Canada and the US—10.8lbs entering from the US and 32.1lbs flowing the other way. These figures sparked diplomatic and economic fallout, including a 25% US tariff on Canadian goods imposed in March 2025.

In the face of persistent threats from payment fraud, over one in ten Canadians have experienced such incidents in the last six months, maintaining a consistent trend year-on-year (13% in 2024 versus 14% in 2023), as per the latest report by Payments Canada.

In the current digital age, SMS has become a vital communication tool, especially within the financial services sector where the need for timely and secure messaging is paramount. Yet, the regulatory framework that governs SMS communications is both complex and stringent.

Different jurisdictions around the world are gearing up to implement Basel IV, each adopting a unique approach that considers local market conditions and regulatory frameworks.