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Weekly Wrap: Canadian fintech gets funding injection, as BMO tackles gender identity

Bank Automation News EditorsbyBank Automation News Editors
December 6, 2019
in Banking, Risk & Security
Reading Time: 1 min read
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Welcome to the latest episode of our weekly wrap video series, for the week ending Friday, December 6, 2019. In this episode, Suman Bhattacharyya, senior editor, and Angely Mercado, associate editor, discuss the following news developments:

  • How Canadian venture capital firm Portag3 is continuing its global push with the recent close of a C$427 million ($320 million) fintech fund;
  • How BMO Harris Bank is tackling identity verification challenges for customers whose gender identities have changed since birth; and
  • EQ Bank’s move to the cloud in an effort to generate cost savings and operational efficiencies.

View the full video here:

Tags: BMOCapital & FundingEQ BankPortag3PremiumstartupsVideo
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