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Bank of Canada and MIT collaborate on CBDC project

The Bank of Canada and the Massachusetts Institute of Technology (MIT) will collaborate on a 12-month project exploring central bank digital currencies (CBDCs).

Trulioo acquires HelloFlow to upgrade onboarding stack

Identity verification platform Trulioo has acquired HelloFlow, a developer of no-code, drag-and-drop client onboarding, monitoring and digital workflow software.

CyberTech for AI software TrojAI bags seed round

TrojAI, a cybersecurity platform designed for AI solution providers, has netted CAD3m ($2.3m) in its seed round.

ComplyAdvantage extends AML program to US and Canadian FinTechs

Financial crime detection firm ComplyAdvantage has expanded its anti-money laundering (AML) program ComplyLaunch to help FinTech startups in the US and Canada.

JBS Foods halts production following multinational cyberattack

Food processing giant JBS Foods has closed down production at multiple sites globally following a cyberattack.

Absolute Software set to purchase NetMotion for $340m

Canadian endpoint resilience solutions provider Absolute Software has agreed a deal to acquire security management platform NetMotion for $340m in cash.

Canadian regulators outline regulatory framework for crypto asset trading platforms

The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) have published framework for compliance for crypto asset trading platforms (CTPs).

Dye & Durham secures $394m in post-IPO funding round

RegTech Dye & Durham has completed a post-IPO raise worth roughly $394m.

Top cybersecurity agency names the four countries posing the biggest threat...

The Canadian Centre for Cyber Security within the Communications Security Establishment has warned that China, Russia, Iran and North Korea pose the biggest cybersecurity threats to the nation.

The eight startups picked for the Holt Fintech Accelerator’s 2020 batch

Canadian Holt Fintech Accelerator has announced the eight FinTech companies to join its 2020 cohort.
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