The Balance Blog

On February 17, 2026, the Bank of Canada did something it had never done before under the newly enacted Retail Payment Activities Act. It issued an immediate compliance order against XTM Inc., ordering the company and its affiliated entities, including the AnyDay platform, to cease all payment activity, effective immediately.

Since its introduction in recent years, “AI in the workplace” has largely meant software that helps people work faster. It drafts emails, summarizes meetings, pulls reports, and nudges teams toward better decisions. Useful, but still clearly in the assistant role.