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Contribution: Industrial Research Assistance Program

Passiv Inc.

$150,000.00

AI-Native App Governance and Discovery Layer for Open Finance

FY 2026-27 · 2026-06-08

Summary
This project will develop an AI-enabled platform layer to support third-party application review, compliance risk assessment, and application discovery in open finance ecosystems. The project will focus on improving how applications are assessed, monitored, and made available through a governed and permissioned platform. The intended outcome is to help financial institutions and technology partners scale application review more safely, improve trust across the ecosystem, and support faster access to high-quality financial applications.
Program
Industrial Research Assistance Program
Recipient
Location
Fredericton|Fredericton, New Brunswick, Canada
Recipient Type
For-profit organization
Business Number
793555111
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Agreement End Date
2027-03-29
Agreement Number
1044577
Agreement Start Date
2026-06-08
Agreement Title
AI-Native App Governance and Discovery Layer for Open Finance
Agreement Title (French)
Couche de gouvernance et de découverte d’applications native à l’IA pour la finance ouverte
Agreement Type
Contribution
Agreement Value
$150,000.00
Amendment Number
0
Coverage
Industrial Research Assistance Program projects stimulate wealth creation for Canada through technological innovation and strengthen Canadian innovation ecosystem by creating new industrial capacity. | Les projets du Programme d'aide à la recherche industrielle favorisent la création de richesse au Canada grâce à l'innovation technologique et renforcent l'écosystème canadien de l'innovation en créant de nouvelles capacités industrielles.
Description
This project will develop an AI-enabled platform layer to support third-party application review, compliance risk assessment, and application discovery in open finance ecosystems. The project will focus on improving how applications are assessed, monitored, and made available through a governed and permissioned platform. The intended outcome is to help financial institutions and technology partners scale application review more safely, improve trust across the ecosystem, and support faster access to high-quality financial applications.
Description (French)
Ce projet vise à développer une couche de plateforme basée sur l’IA afin de faciliter l’évaluation des applications tierces, l’analyse des risques de conformité et la découverte d’applications au sein des écosystèmes de finance ouverte. Il s’attachera à améliorer les méthodes d’évaluation, de surveillance et de mise à disposition des applications via une plateforme régie et à accès autorisé. L’objectif visé est d’aider les institutions financières et leurs partenaires technologiques à étendre l’évaluation des applications de manière plus sûre, à renforcer la confiance au sein de l’écosystème et à favoriser un accès plus rapide à des applications financières de haute qualité.
Expected Results
The expected results and outcomes of NRC Industrial Research Assistance Program is focused on growing small and medium-sized enterprises (SMEs) through innovation and wealth creation for Canada.
Expected Results (French)
Les résultats attendus du Programme d’aide à la recherche industrielle du CNRC sont axés sur la croissance des petites et moyennes entreprises (PME) grâce à l’innovation et à la création de richesse pour le Canada.
Federal Riding
Fredericton—Oromocto
Federal Riding (French)
Fredericton—Oromocto
Federal Riding Number
13003
NAICS Code
513211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program
Program Name (French)
Programme d’aide à la recherche industrielle
Program Purpose
The purpose of Industrial Research Assistance Program Contributions to Firms is to provide support that assists small and medium-sized enterprises (SMEs) to advance their innovation knowledge and ability to innovate, grow through innovation and stimulate wealth creation for Canada.
Program Purpose (French)
Les contributions versées aux entreprises en vertu du Programme d’aide à la recherche industrielle ont pour objectif d’apporter un soutien aux petites et moyennes entreprises (PME) afin qu’elles puissent approfondir leurs connaissances en matière d’innovation et renforcer leur capacité d’innovation, de croissance et de création de richesse pour le Canada.
Recipient Business Number
793555111
Recipient City
Fredericton|Fredericton
Recipient Country
CA
Recipient Legal Name
Passiv Inc.
Recipient Postal Code
E3B 1B6
Recipient Province or Territory
NB
Recipient Type
F
Reference Number
172-2026-2027-Q2-1044577
Passiv Inc. - $150,000 Contribution (2026-27) | Canada Spends