Fintechs Canada Comments on Bill C-65’s Prohibition of Prepaid Cards for Political Donations
Today Fintechs Canada sent a letter to Dominic LeBlanc, the Minister of Public Safety, Democratic Institutions, and Intergovernmental Relations, expressing concerns over Bill C-65 and its application to prepaid products in Canada.
Fintechs Canada submits 2025 pre-budget submission to federal government
Fintechs Canada is asking the government to complete its payment modernization efforts by continuing to support the launch of Canada’s first real-time payment system as well as provide the FCAC with additional funding for educational purposes.
Fintechs Canada Welcomes Industry Leaders to Board of Directors, Signals Renewed Focus Ahead of Election Year
Fintechs Canada announced the appointment of seven industry leaders to its Board of Directors. The new board members bring a wealth of experience and expertise from across the fintech sector, positioning Fintechs Canada for continued success and innovation.
Fintechs Canada responds to Bank of Canada retail payments policies and guidance
Fintechs Canada responded to the Bank of Canada’s supervisory policies and guidelines, identifying parts of the Bank of Canada’s policies and guidance that required clarification and would be difficult to implement. Payment service providers are required to register with the Bank of Canada later this year for supervision.
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.”