Fintech in Canada: emerging trends and new opportunities
The intersection of finance and technology continues to drive growth across key industries in Canada. In this series, we cover the trends influencing the Canadian fintech space—and how FIs, startups and others can meet the rising demand for innovation.

Featured video: Retail Payment Activities Act

The Retail Payment Activities Act will task senior leaders at payment service providers (PSPs) with building a lot more compliance into their operations. What’s more, for many this will be the first time their business is subject to such significant oversight.

In this video, Andrew Bernstein and Brigitte Goulard explain why PSPs will soon receive some of the scrutiny that is usually reserved for banks—and what they can do to adapt. Also in this video:

  • How this legislation aims to protect end users
  • Who is exempt from the Act
  • Penalties the Bank of Canada can impose
  • Advice for PSPs as they navigate the Act

Click here for a transcript of this video.

Also in this series

The Canadian fintech review: Open banking
What will Canada’s hybrid approach to open banking mean for financial institutions and consumers?
The Canadian fintech review: Insurtech
Has the insurtech revolution arrived in Canada? We discuss the industry’s adoption of technology.
The Canadian fintech review: Fintech contracting considerations
What do the extended applications of contract regulations mean for fintechs? Find out here.
The Canadian fintech review: Privacy, cybersecurity, data and AI
How can fintechs innovate while keeping privacy top of mind? We discuss key considerations.
The Canadian fintech review: Staying on the right side of securities regulators
How can fintechs assess their obligations under securities laws and ensure compliance? We discuss strategic steps for navigating the Canadian market.
The Canadian fintech review: The use of blockchain in fintech
How can blockchain technology shape fintech innovation, and what regulatory impact does this bring? We discuss use cases and key considerations.
The Canadian fintech review: Fintech and anti-money laundering
Learn about the anti-money laundering regulations that govern fintechs operating in Canada.
The Canadian fintech review: The Canadian market
Canada’s established financial sector provides a strong foundation for fintechs to thrive. Learn more about the opportunities and challenges.
The Canadian fintech review: Canadian developments in fintech
Fintech continues to drive transformation in the financial services sector. Watch our video covering three of the latest trends that fintechs and banks will want to keep in mind.

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