Breaking News
Coinbase Utilizes Open Banking by Trustly for Canadian Expansion
Trustly announces its alliance with Coinbase as an integral part of its commitment to offer Canadians secure and simple account-to-account payments. With Trustly’s Open Banking Payments, Coinbase users can deposit and withdraw funds directly from their bank account from/to their crypto wallet.
A robust regulatory framework combined with the world’s third-most crypto-aware nation, make Canada a perfect fit for alternative payment methods and innovative financial services. With Trustly, Coinbase users will easily connect their bank accounts to their Coinbase account, allowing them to add funds instantly or withdraw funds seamlessly using EFT or Interac payment rails.
Popularity and demand for cryptocurrency options continue to grow in Canada; a survey by the Ontario Securities Commission indicates that over 30% of Canadians plan to buy crypto assets in the next year. Trustly is excited to continue to work with Coinbase on strengthening its offerings in Canada by enabling direct bank transfers over EFT later this year. By enabling use of the EFT network, users will be able to benefit from seamless deposits, withdrawals, and high-value deposit limits.
“Trustly is thrilled to support Coinbase and its expansion into Canada. We believe our Open Banking platform will make investing in cryptocurrency more convenient and secure for Canadians. We are excited to see how our partnership with Coinbase, a leader in the industry, unfolds,” said Ross McFerrin, VP Enterprise Growth at Trustly.
“We are excited to partner with Trustly to offer additional financial options for our Canadian customers to deposit and withdraw funds from our platform,” explains Nana Murugesan, VP International and Business Development at Coinbase. Murugesan also explained in an interview with BNN Bloomberg that partnering with Trustly was a strategic step in making crypto as accessible as possible for Canadian customers.
- Finance Platform LemFi Launches Remittance Services in Australia as Global Expansion Continues Read more
- Cytora and Altitude Intelligence Partner to Embed Advanced Geospatial and Climate Risk Intelligence into Insurance Workflows Read more
- Visa Acceptance Platform Now Supports Tap to Pay on iPhone, Boosting Contactless Acceptance for Merchants Read more
- How Google Is Helping Fintechs Navigate Regulation and Innovation Read more
- DataHaven on What Truly Defines a Real Insurance Technology Partner Read more
Hex Trust and Haruko Architect Real-Time Risk Governance for Institutional Digital Assets
Hex Trust, a leading digital assets financial service provider specialising in markets services, custody, and staking, today announced a strategic integration with Haruko
Deutsche Börse Group’s 360T Partners with Bitpanda to Expand Digital Asset Capabilities
360T, part of Deutsche Börse Group, and Bitpanda announced today a partnership focused on expanding access to crypto trading, with plans for further expansion across the digital assets space. The collaboration brings together Bitpanda’s digital asset services with 3DX, 360T’s MiCAR-regulated crypto-asset trading platform, to support institutional clients seeking compliant and scalable routes into digital assets.
Arcium Launches Mainnet Alpha, Ushering in the Era of Encrypted Capital Markets on Solana
Arcium, the encrypted supercomputer, today announced its Mainnet Alpha launch. This milestone marks the transition of the network from a testing environment to a live, production-ready infrastructure to support the largest suite of encrypted applications on Solana. Launching alongside the network is Umbra, the first application to go live on Mainnet Alpha.
BitGo Becomes the First Public, Federally Chartered Digital Asset Infrastructure Company
BitGo’s federal charter enables the company to provide regulated custody, wallet infrastructure, settlement, and related digital asset services to clients across all 50 U.S. states
OKX Card Launches in Europe to Remove Friction from Everyday Crypto Payments at Retailers Worldwide
OKX, a leading global cryptocurrency platform and onchain technology company, today announced the European launch of the OKX Card, designed to knock down barriers to everyday crypto use.
Fipto Becomes Europe’s First Dual-licenced Stablecoin Payment Institution with New MiCA Licence
Fipto, the leading regulated payment infrastructure for stablecoins, today announced it has been granted the Crypto-Asset Service Provider (CASP) licence by the French Autorité des Marchés Financiers (AMF). With this milestone, Fipto becomes the first European stablecoin payment player to hold both a Payment Institution (PI) licence and a full CASP licence.
Dubai Insurance Launches First Crypto Enabled Digital Wallet in Partnership with Zodia Custody
Dubai Insurance has announced the launch of the first digital wallet for crypto assets in the UAE insurance sector, developed in partnership with Zodia Custody.
Finance Platform LemFi Launches Remittance Services in Australia as Global Expansion Continues
LemFi is launching its remittance services in Australia after receiving approval from the country’s financial services regulatory unit
Cytora and Altitude Intelligence Partner to Embed Advanced Geospatial and Climate Risk Intelligence into Insurance Workflows
Cytora, the digital risk processing platform, has announced a strategic partnership with Altitude Intelligence, a provider of specialized intelligence-as-a-service capabilities. This collaboration integrates Altitude Intelligence’s advanced geospatial (GEOINT) and multi-source fusion data directly into the Cytora platform, allowing commercial insurers to automatically enrich submissions with granular climate and location-based insights at the point of underwriting.
Visa Acceptance Platform Now Supports Tap to Pay on iPhone, Boosting Contactless Acceptance for Merchants
Visa has introduced a software development kit (SDK) that enables Visa Acceptance Platform clients to offer Tap to Pay on iPhone
How Google Is Helping Fintechs Navigate Regulation and Innovation
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
DataHaven on What Truly Defines a Real Insurance Technology Partner
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Basware Appoints New Chief Marketing Officer
Basware is poised for breakout growth and announced the appointment of Kira Mondrus as Chief Marketing Officer to help fuel it
How Hiring the Right Services Can Streamline Your Business
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]