National Bank Of Canada news and trends

Synctera Brings BaaS North With Bank of Canada’s Help
Banking // March 09, 2023

Synctera is bringing its Banking-as-a-Service (BaaS) platform to Canada. The FinTech announced Thursday (March 9) it had formed a partnership with the National Bank of Canada to make the project happen, coming at a time when — as PYMNTS noted recently — digital banking is...

Inflation Erasing Pandemic Savings, Says CEO of National Bank of Canada
Economy // April 25, 2022

A new spate of interest rate increases and more inflation may erase the savings that consumers built up during the pandemic, a report from Bloomberg said. The report noted that National Bank of Canada CEO Laurent Ferreira said this would likely come in 2023, a...

Flinks Gets $103M Jolt From National Bank of Canada 
Investments // August 26, 2021

National Bank of Canada announced Wednesday (Aug. 25) it has invested $103 million in Montreal-based FinTech platform Flinks, including $30 million the company plans to use to expand its reach across North America after a successful launch in the U.S.  The investment will allow Flinks...

National Bank Of Canada Blockchain Pilot Eyes Trade Finance Contracts
B2B Payments // October 23, 2018

The National Bank of Canada, the country’s sixth-largest bank, is collaborating with business consulting and IT company CGI to launch a blockchain-powered trade finance solution. Rather than focusing on the actual finance of a trade agreement, however, the bank and CGI are working to facilitate...

Interviews & Exclusives
Banks Fight Back: How Cross-Border Technology Is Challenging FinTech Disruptors

December 09, 2024
Global financial messaging network Swift said earlier this year that it was working with 25 financial institutions (FIs) and application providers on a “proof of value” initiative focused on improving front-end interactions, where the lower-end value transactions (defined as payments below the $100,000 threshold) is worth as much as $12 million. Andy Elliott, vice president […]

Quick Reads
Synctera Brings BaaS North With Bank of Canada’s Help

March 09, 2023
Synctera is bringing its Banking-as-a-Service (BaaS) platform to Canada. The FinTech announced Thursday (March 9) it had formed a partnership with the National Bank of Canada to make the project happen, coming at a time when — as PYMNTS noted recently — digital banking is fast becoming a default means of financial interaction. The company […]

Inflation Erasing Pandemic Savings, Says CEO of National Bank of Canada

April 25, 2022
A new spate of interest rate increases and more inflation may erase the savings that consumers built up during the pandemic, a report from Bloomberg said. The report noted that...

Flinks Gets $103M Jolt From National Bank of Canada 

August 26, 2021
National Bank of Canada announced Wednesday (Aug. 25) it has invested $103 million in Montreal-based FinTech platform Flinks, including $30 million the company plans to use to expand its reach...

Glitch At National Bank of Canada Exposes Personal Information

September 22, 2017
The National Bank of Canada, the sixth largest lender in Canada, has become the latest high-profile firm to announce a data breach. According to a report in Reuters, the National...