Financial firms face rising AI cyber risk, survey says
about 6 hours agoA survey found 98% of breached firms suffered material damage as AI-driven attacks and visibility gaps strain defences.
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Canadian stories
Wealthsimple posts CAD $17 billion inflows on banking push
Chequing and spending products helped lift assets under administration to CAD $155.6 billion, with client numbers reaching 3.6 million.
EY Canada adds on-site quantum computer for clients
Clients in regulated sectors may be able to test sensitive workloads in Canada, easing data-sovereignty worries as quantum use matures.
CPPO appoints Wealthsimple, KOHO & ABCorp directors
The move gives Canada's prepaid lobby broader fintech and banking expertise as prepaid rails become central to digital financial services.
RBC & TD launch Swift's new payment scheme in Canada
Canadians getting money from abroad should see fewer deductions and faster arrivals as the new scheme is rolled out on selected routes.
Canadian small business sales fall for third quarter
Cash-flow pressures are mounting for Canadian small firms, with Xero data showing sales fell 0.6% year on year in the June quarter.
Canadian executives rank cyber risk among top change drivers
Half of Canadian C-suite leaders say cyber threats could force a major strategy shift next year as AI widens risk and scrutiny.
AI's future is being split between device and cloud
Rising AI usage is pushing firms to split tasks between devices and cloud services, cutting latency and easing privacy and cost pressures.
Editor Interviews
Conversations with technology leaders, founders and operators.
Quantum computers aren't here yet. But the data threat is
Hackers are already stockpiling encrypted data for Q-Day, when quantum machines could break RSA and ECC in minutes.
Tue, 9th Jun 2026
Lütke, MacDonald: AI will create jobs in T.O we can't foresee
Toronto could soon see driverless vehicles on its streets as Uber pushes for federal rules and partners to launch them locally.
Thu, 28th May 2026
Exclusive: Zoho's Chief Cyber Evangelist on why MFA alone is not enough
AI security optimism is running ahead of readiness, as most Canadian organisations still lack zero trust and full access visibility.
Fri, 8th May 2026
Sage Intacct builds explainable AI into accounting
Accountants facing staff shortages may gain faster workflows, as Sage Intacct’s new agent exposes its calculations, sources and audit trail.
Fri, 1st May 2026
Expert Opinions
More opinions →
Global payments got faster. The last mile didn't
Recipients in Africa still face queues and cash pickups as cross-border transfers hit local rails that lag behind instant sending speeds.
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AI for all can't mean AI for some: Why Canada's strategy must reach beyond the ...
Rural and Indigenous communities risk being left behind as Ottawa's new AI plan scales up in cities without fixing internet and local training gaps.
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Fraud prevention for hospitality leaders: Tackling hotel booking fraud
Earlier checks on contact details could curb fake reservations, cut chargebacks and free hotel staff before rooms are wrongly blocked.
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Fintech’s next edge is teams with wider perspectives
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The most expensive system in cash operations is the one standing still
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Latest News
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AWS revenue growth hits fastest pace in 18 quarters
Demand for AI and core cloud services is boosting Amazon's key profit engine, with AWS growth accelerating to a 36.7% annual pace.
Amazon's custom silicon hits USD $25 billion run rate
Amazon Web Services' in-house chips are now a major profit centre as AI demand drives cloud providers to cut costs and secure supply.
Fintech leaders hail digital payments & blockchain
Cross-border payments are becoming faster and more transparent, with stablecoins and data-driven lending broadening access for firms shut out by banks.
On-chain real-world asset perpetuals volume doubles fast
Weekend trading and pre-IPO speculation are driving growth in real-world asset perpetuals, even as pricing risks and liquidity gaps persist.
Our Editorial Team
Every story is shaped by real people: journalists, editors and contributors.
Jake MacAndrew
Interview Editor
Jake MacAndrew started off writing breaking news hits in his early days as a journalist. Since those late nights on the pulse for local breakthroughs, he has written stories on many topics, from cybersecurity education in Ukraine to the investment potential of fine wines. With each story Jake writes, no matter the topic, in-depth and accurate reporting is key. Previously living in Edinburgh, he's back in his hometown of Toronto.
Joseph Gabriel Lagonsin
News Editor
A passionate gamer with a strong love for manga, webtoons, and binge-worthy series. With one year of professional experience in editing and publishing, bringing a sharp editorial eye and a deep appreciation for storytelling, focusing on creating and refining content that connects with modern audiences.
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Karen Joy Bacudo
Finance Editor
Karen wears two hats with us, balancing her role as an editor while assisting with our finances and accounting. This means she has her finger on the pulse whether its writing content or reconciling numbers. On both sides she brings the same level of accuracy and precision.
Mark Tarre
News Chief
Mark Tarre is the News Chief at TechDay, where he leads newsroom operations across the global network and oversees the accuracy, quality, and relevance of technology news coverage. A journalist and PR writer with nearly a decade of experience, he has worked across newsrooms, public relations, and digital publishing. He holds a degree in journalism.
Owen McCarthy
Reviewer
Owen McCarthy has had a long love affair with all things technical since the dawn of the computer age. A child of the 1960’s, he agrees with legendary author, Douglas Adams, that digital watches were a pretty neat idea. By the 1980’s Owen was learning how to code using C and by the turn of the century, he was teaching HTML to enthusiastic youngsters. These days, Owen can be found pestering editors for new technology to review on an annoyingly regular basis. In his spare time, he rides motorcycles of the three-wheeled variety, studies theology, aqua-jogs, and works hard to honour his late wife’s request to live a joy-filled life.
Sean Mitchell
Publisher
Having started his career at Renaissance. Sean joined Apple in Melbourne for a number of years before working in the media space. This started with Review Publishing and later the tech publisher IDG Communications. In 2006 he was involved in the launch of The Channel magazine. As they say – the rest is history.
Analyst Insights
Industry research and analysis from leading firms.
Financial firms face rising AI cyber risk, survey says
A survey found 98% of breached firms suffered material damage as AI-driven attacks and visibility gaps strain defences.
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Celonis named Gartner leader in digital twin market
The ranking bolsters Celonis's push into enterprise AI, with Gartner placing it highest for ability to execute in digital twin platforms.
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