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Branchless banking: A back engine for fintechs
We get an update on some of the key niche market operations of newly renamed, branchless bank VersaBank, which used to be known as Pacific & Western Bank of Canada. President and CEO David Taylor helped to open today's trading session to celebrate the name change. He says VersaBank has become an important part of the engine behind Canada's fintech industry. VersaBank has arrangements with about 20 Canadian fintechs worth about $670 million.