Fintech.ca

Canadian digital asset platform Ndax has launched Auto Earn, a feature that automatically enrolls supported cryptocurrency holdings in staking and distributes rewards weekly. Once users activate the feature, eligible assets are enrolled daily, with rewards paid every Monday. At launch, Auto Earn supports 17 digital assets, including Ethereum, Solana, Cardano, SUI, HBAR and DOT. Ndax says the service offers annual percentage yields of up to 7.5%, depending on the asset, with no fixed lock-up period.

Canada’s five largest financial institutions have cracked the 2026 edition of the the Evident AI Index for Banks. Now in its fifth edition, the Evident AI Index acts as a global standard for measuring AI maturity across 50 of the world’s biggest banks through four weighted pillars: Innovation, Talent, Leadership, and Transparency. This year, AI deployment across the sector moved nearly three times faster than in previous years, according to Evident, which launched the Index in 2023.

A Canadian company specializing in automotive financing recently revealed a milestone. OCAL Financial has funded more than 1,250 vehicle deals across British Columbia and Alberta. The fintech firm, which trades on the TSXV as OCAL, says the achievement confirms their business model works at scale. “More than twelve hundred and fifty funded deals is proof the model works in the real world, not just on a slide,” says Mehdi Moghareh, Chief Executive Officer of OCAL.

Canadian retail payments reached $12.9 trillion across 26.7 billion transactions in 2025, as new Payments Canada research points to growing interest in faster ways to move money. The organization’s annual Canadian Payment Methods and Trends report, released today, shows payment value increased 5.7 per cent from 2024. It also found that 52 per cent of Canadians find real-time payments appealing.

Wise has launched customizable travel eSIM plans for Canadian customers alongside an expansion of cross-border QR payments, bringing mobile connectivity and more ways to pay into its app. The eSIM offering includes coverage across more than 150 destinations, with customizable plans for select markets. Travellers can choose their data allowance and trip duration, purchase plans through Wise, and install the eSIM once for use across multiple trips.

Dext has launched Dext Payments in Canada, bringing supplier invoice and employee expense payments into its AI-powered bookkeeping platform. The feature is available to Canadian customers using QuickBooks Online and Xero, including those in Quebec. Canadian businesses and their advisers processed more than $2 million during beta testing, according to the company. Canada is the first market outside the UK to receive the feature.

The Canada FinTech Symposium is set to go down this week in Alberta. Organized by Prolink Events, the two-day conference at Calgary’s BMO Centre will connect banks, credit unions, fintechs, payment networks, investors, and technology leaders from across Western Canada and beyond.

Two Canadian institutions rank among the world’s 100 top digital banks in 2026. TABInsights’ annual ranking of the World’s 100 Best Digital Banks this year recognizes EQ Bank and Tangerine, both based out of Toronto. TABInsights is the research arm of The Asian Banker, which was founded in Singapore in 1996 by Malaysian lawyer Emmanuel Daniel in 1996.

Cross-border financial services provider Pesa has become a member of Payments Canada, opening a pathway to apply for participation in the country’s national payment systems. Pesa serves diaspora communities across Canada, the United Kingdom, the United States, Nigeria, Ghana, Kenya, the United Arab Emirates and Europe. The company says membership supports its efforts to build faster, more transparent ways for customers to move money across borders.

Interac’s Konek digital wallet is expanding its reach through Global Payments, giving thousands of Canadian businesses the opportunity to offer customers bank-account and card payments at online checkout. Powered by Interac and backed by leading Canadian financial institutions, Konek lets shoppers pay by credit card or directly from chequing and savings accounts. Account-based transactions use Interac Direct, which is available exclusively through the wallet.