Fintech

How IEX Built the World’s Most Trusted Stock Exchange

IEX Group is a fintech company on a mission to combat inequities in markets and industries beyond, using a combination of innovative technology and radical thinking. Georgian Partners’ recent investment IEX is our first in a company that has been built from the ground up to be trust-first. While ...

Global markets: Five events to watch this week

It seems that so much happens in a given week these days. However, this week could be particularly momentous as we start to get answers on some key questions that have implications for global markets. Here are five events to watch: European parliamentary elections Elections will occur this week ...

Collision 2019: TD calls for banks to collaborate more with fintech startups on AI solutions

AI and machine learning have become a large part of the financial industry, and some within the industry are calling for banks to be more open to collaboration with AI startups to accelerate the implementation of AI in banking. TD Canada Trust’s group head of innovation, technology, and shared ser ...

Hong Kong’s smart city blueprint starts to become reality

In an alley behind the Hong Kong Productivity Council building in Kowloon, a dolly-driving worker tows a large four-wheeled machine that has two long articulated arms that gracefully put lights on top of pylons and then place the pylons on the road. It’s a hypnotizing display that goes on for a f ...

NextBlock investors vouch for Tapscott as $1 million in fines paid to Ontario Securities Commission

With notes from Howard Solomon  Leading investors in blockchain investment firm NextBlock Global Ltd. tell IT World Canada they’d do business with CEO and co-founder Alex Tapscott again, despite fines being paid in a settlement with the Ontario Securities Commission (OSC) on Monday. Tapscott has ...

PayPal’s best days are behind it, this portfolio manager says

Investors thinking of jumping aboard the high-flying PayPal Holdings (PayPal Holdings Stock Quote, Chart NASDAQ:PYPL) might want to reconsider their options. According to portfolio manager Lorne Steinberg, increasing competition in the fast-evolving fintech space spells trouble. PayPal has been on ...

Canada’s ‘big 5’ banks launch blockchain-based digital identity service with SecureKey

A blockchain-based digital identity network designed by Toronto-based SecureKey Technologies Inc. and supported by the top banks in Canada announced its official launch on Wednesday. Dubbed Verified.Me, the service has been a long time in the making and was originally slated for a release last Fall. ...

Cyberport: Inside Hong Kong’s unicorn factory

Pierre Mouette is a two-time entrepreneur that was born in Paris, met the co-founder of his current firm in Hong Kong, and is looking to get his line of smart sportswear manufactured in Shenzhen. Now he lives in Hong Kong Special Administrative Region (SAR) and operates his business, Clim8, out of ...

The blockchain future Don Tapscott wants for his grandchildren

In the 12 hours before taking the stage to deliver his keynote speech at the CIO Peer Forum in Toronto, author and Blockchain Research Institute co-founder Don Tapscott learned of two new grand-children brought into the world. And they weren’t twins. Tapscott’s son Alex (the other co-founder of ...

VersaPay is upgraded to a “Buy” at Haywood

Following the company’s fourth quarter results, Haywood Securities analyst Pardeep Sangha has upgraded fintech junior VersaPay (VersaPay Stock Quote, Chart TSXV:VPY). On Tuesday, VersaPay reported its Q4 and fiscal 2018 results. In the fourth quarter, the company posted an Adjusted EBITDA loss of ...