IT Brief Canada - Technology news for CIOs & IT decision-makers

Banking stories - Page 3

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Plaid unveils foundation model for transaction data

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Plaid builds a foundation model to improve transaction analysis, lifting income classification and loan payment detection across financial services.
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Visa says AI agents may soon negotiate business deals

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Businesses warm to AI agents haggling over deals, but consumers remain wary of handing software full control of spending.
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Canadians embrace multi-banking as fees & budgeting bite

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Canadians increasingly juggle digital and high-street providers as fees rise, with budgeting tools, prepaid cards and direct deposit gaining favour.
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GigaOm names Check Point leader in app & API security

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GigaOm names Check Point a third-year application security leader as its WAF posts strong detection rates and low false positives.
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Personetics & Atomic partner on in-app deposit switching

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Personetics and Atomic team up to let banks prompt deposit and bill switching inside apps, aiming to cut friction and boost primary relationships.
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Maisa named as one of Gartner's global Set Diamonds

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Valencia-based Maisa lands a place among Gartner's four global Set Diamonds as businesses seek auditable AI workers for regulated sectors.
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TD launches Easy Trade app for novice Canadian investors

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TD rolls out Easy Trade app with 100 commission-free trades for novice Canadian investors, as banks race to win younger customers.
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Gresham renames S&P Global EDM platform as Opus EDM

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Gresham renames acquired enterprise data platform Opus EDM, keeping it separate from Prime EDM and planning AI features for 2026.
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Login problems drive consumers away from digital services

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Thales report finds weak login and sign-up flows are pushing users away, as trust in AI, data handling and digital services remains low.
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Marqeta adds AI risk score to tackle payment fraud

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Marqeta has embedded an AI-driven risk score into its Real-Time Decisioning tool, aiming to curb payment fraud and reduce false declines.
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Codenotary launches AgentMon for AI agent oversight

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Codenotary unveils AgentMon to help Chief Information Officers and security teams track AI agent behaviour, costs and policy risks.
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Banks issue warning over AI-powered identity fraud risks

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US banks and regulators are urged to adopt passkeys, mobile driving licences and tougher verification as generative AI fuels deepfake fraud.
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Canada passes Budget 2025 with stablecoin, defence changes

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Canada's budget law unlocks housing, tax and banking changes, including a productivity super-deduction, stablecoin rules and faster rail planning.
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Smart Communications appoints Satish Shenoy as partner chief

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Smart Communications taps Satish Shenoy as Senior Vice President to broaden global alliances and speed partner-led growth across regulated sectors.
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Thunes wins best cross-border payment solution award

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Thunes has won the Best Cross-Border Payment Solution award at the MPE Awards 2026 after judges praised its global reach, FX pricing and compliance platform.
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MVSI launches AIQ SiteScanner for card scheme risk

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MVSI launches AIQ SiteScanner to help payment firms spot merchants using cloaking, redirects and other tactics to evade Mastercard and Visa rules.
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Eltropy adds AI tools for credit union banking tasks

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Eltropy expands AI platform for credit unions with secure identity checks and account service tools to handle routine banking tasks in one conversation.
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Codenotary launches AgentX for Linux security automation

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Codenotary unveils AgentX to automate Linux security operations across hybrid cloud and on-premises systems while keeping administrators in control.
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Shield updates archive for banks with cheaper storage

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Shield rolls out archive overhaul for banks, promising up to 50% lower storage costs and smoother multi-petabyte migrations.
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Cloud maturity lags as AI demand outpaces investment

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AI demand is forcing a rethink of cloud strategy as NTT DATA finds most firms still lag on investment, modernisation and security.