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Bank of Canada stories

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OpenAI raises USD $122 billion in record AI funding

Last week
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digital transformation
OpenAI secures USD $122 billion in funding as Amazon, Nvidia and SoftBank back a rapid expansion in compute, enterprise tools and product plans.
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LemFi gains Bank of Canada oversight under new RPAA

Last month
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fintech
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risk & compliance
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LemFi gains Bank of Canada oversight under the new Retail Payment Activities Act, bolstering trust in its cross-border remittance services.
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MariaDB to acquire GridGain to power low-latency AI

Last month
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digital transformation
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hyperscale
MariaDB moves to buy in-memory specialist GridGain in a bid to deliver sub-millisecond latency for agentic AI and real-time workloads.
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In finance, intelligence is human before it is artificial

Sat, 22nd Nov 2025
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digital transformation
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fintech
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martech
Despite billions invested in AI, financial firms see slow adoption as solutions must prioritise trust, transparency, and augment human judgement over automation.
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Banks accelerate shift from AI research to practical deployment

Fri, 19th Sep 2025
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fintech
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cx
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data science
Banks have accelerated the shift from AI research to practical tools, with top institutions rapidly deploying innovations in trading, fraud prevention, and customer service.
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Banks accelerate AI innovation with surge in new patents & investments

Thu, 11th Apr 2024
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ai
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patents
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bank of canada
The banking industry is seeing a significant acceleration in AI innovation, with a rise in new patents and research publications.
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JPMorgan Chase leads as AI research powerhouse – report

Tue, 13th Feb 2024
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ai
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hsbc
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bank of canada
Newly data by Evident shows JPMorgan Chase's ongoing rise as a leading force in AI research, with a significant increase in output.
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Banks dedicate more resources to responsible AI but clarity lags behind

Mon, 18th Dec 2023
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partner programmes
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hsbc
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nab
Banks are dedicating more resources to responsible artificial intelligence, with a 43% staffing increase, but only six clarify their approach.
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Bugcrowd appoints New Board Chair & Advisory Board Member

Thu, 21st Sep 2023
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martech
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commerce systems
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leadership
Bugcrowd appoints Michael Jennings as Board Chair and David Fairman to Advisory Board, strengthening its leadership team and expertise.
Passwords

Okta eliminates the need for passwords with ThreatInsight

Thu, 24th May 2018
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cybersecurity
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passwords
Okta announces new features that allow organisations to replace passwords with stronger authentication methods.
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Kiwi Startup Spotlight: 9 Spokes leveraging IBM Watson to give SMBs in-depth business overviews

Fri, 25th Aug 2017
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9 Spokes co-founder Adrian Grant talks about the global solution provider's exciting plans for AI integration.
Employment

World Week Ahead: US jobs data, Yellen speaks

Mon, 2nd Mar 2015
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inflation
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employment
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bank of canada
The latest US jobs data will take centre stage this week as investors refocus on the state of the economy as they refine their bets on when the Federa.
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NZ dollar edges up ahead of local business confidence, inflation

Mon, 19th Jan 2015
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new zealand dollar
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australian dollar
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nz dollar
The New Zealand dollar edged up ahead of business confidence and inflation figures in coming days, as investors gauge the strength of local economy.