The latest developments in technology products and investments in the North American market.

Flinks
Canada-based Flinks, a firm enabling data sharing between banks and non-bank service providers, has launched Investments. The solution gives financial businesses the ability to retrieve user-permissioned data from wealth and investment accounts across more than 75 platforms.

Information is standardized across each institution, allowing providers to understand and use financial data in a straightforward way. 

The offering is an example of how fintech firms provide much of the technological “plumbing” in the modern banking and financial services industry. 

Investments are based on Flinks’ technology which is already used by firms such as National Bank of Canada and Wealthsimple.

“Retail wealth management is a cornerstone of Canadians’ financial wellbeing. Yet, as a whole, the industry hasn’t fully adapted to the digital era,” Yves-Gabriel Leboeuf, CEO of Flinks, said. “With Investments, our goal is to digitize and simplify how Canadian wealth professionals and service providers access, transform and act upon the data that they need. We’ve already seen this happen within retail banking through their creation of world-class digital products. This expansion into retail wealth management opens up even more opportunities for the Canadian investor.”