National Bank of Canada takes majority stake in data sharing startup Flinks


National Bank of Canada takes majority stake in data sharing startup Flinks

National Bank of Canada is paying C$103 million for a majority stake in Flinks, a Montreal-based data aggregation startup.

The 2019 Payments Canada SUMMIT – Democratizing credit with AI

Speakers: Yves-Gabriel Leboeuf, Flinks
David Furlong, National Bank
Stephen Gardiner, Accenture Digital

Most people need loans to make life’s biggest purchases – house, education, car and so much more. But not everyone has equal access to lending. Discrimination based on race, ethnicity, sex and/or religion is a huge concern. On the other hand, AI can also be perceived as a threat within the lending market. Will it compromise security? Will it be ethical? Will it be just as biased as humans can be? This conference offers a 360-degree view of the potential and challenges of democratizing credit with AI.

Flinks – Yves-Gabriel Leboeuf – 2017 Canada FinTech Forum

2017 Canada FinTech Forum Pitch Contest organized by Finance Montréal.

Tough months ahead before economy improves: Bank of Canada governor

In a wide-ranging interview, Bank of Canada governor Tiff Macklem tells CBC’s Peter Armstrong that Canadians should expect more interest rate hikes, and a mild recession is possible, as the central bank continues its fight against inflation.

#recession #inflation #bankofcanada

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Bank of Canada might want to stop interest rate hikes after the upcoming one: Economist

Jimmy Jean, Desjardins chief economist, on the Bank of Canada’s upcoming rate hike announcement and how it will impact the economy.

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