Visa expects the deal to close in the next three to six months and benefit its adjusted earnings per share at the end of the third year.

The IMF report outlines three potential scenarios for the relationship between big tech and commercial banks; coexistence, complimentary and takeover.

Do you even know how much you spend in banking fees?

A new survey from EY suggests Canadians are becoming less dependent upon their banks as the main providers of financial services.

Thomson Reuters says it will create 400 jobs in Canada over the next two years, including at a new technology centre in Toronto.

IBM will be joining the fintech hub at Toronto's MaRS discovery district, becoming the first technology tenant in a space currently occupied by financial services companies.

Technology firms have turned several industries on their head. The way people buy books, hail a ride home from the bar or find a room for the night while on vacation have all changed.

Thanks to BitGold, an increasing amount of Canadian travellers are investing in gold in order to hold savings and make payments overseas.

The Bank of Montreal has launched an online porfolio manager, making it the first of the big five Canadian banks to wade into the "robo-adviser" business.