Canada

  • Tech Firm Nuvei’s Potential IPO Could Be Biggest Of 2020

    August 28, 2020 Nuvei’s Potential IPO Could Be Biggest Of 2020Nuvei Technologies Corp., the Montreal-based payment technology company, is planning to file an initial public offering (IPO) in the U.S. and Canada next month, sources told Bloomberg News. If Nuvei’s IPO ...
  • Afterpay Expands Into Canada

    August 26, 2020 Afterpay continues on its program of rapidly expanding the reach of its buy-now-pay-later (BNPL) services, this time by moving into the Canadian market. The big picture, the company said, is ...
  • Bitcoin Daily: South Korean Island Taps ICONLOOP For Blockchain-Based Contact Tracing; Canadian Restaurant Changes Fiat Reserves To Crypto

    August 20, 2020 South Korean Island Taps ICONLOOP For TracingSouth Korean tourist destination Jeju Island will harness ICONLOOP’s Decentralized Identity (DID) blockchain infrastructure for contract tracing purposes to safeguard the wellness of the area’s 15 million yearly visitors, according ...
  • Cyberattack Closes Web Access To Canadian Government Agencies 

    August 17, 2020 cybersecurityA cyberattack directed at two dozen Canadian government platforms forced the shutdown of most of its online portals over the weekend. CNN reported Canadian officials detected as many as 300,000 attempted ...
  • Canadian Tire Posts Worse-Than-Expected Losses In Q2

    August 6, 2020 Canadian Tire Posts Worse-Than-Expected Losses In Q2As its stores shuttered to prevent the spread of COVID-19 earlier this year, the Canadian Tire Corp. Ltd. posted worse than expected second-quarter (Q2) losses on Thursday (Aug. 6).  Revenues for ...
  • Walmart To Spend $3.5B To Update Canadian Stores, Technology

    July 20, 2020 Walmart To Spend $3.5B On Canadian Stores, TechDespite the ongoing pandemic, Walmart is ponying up big bucks — $3.5 billion — to revamp stores in Canada and to modernize in-store technology. In a press release, Walmart said its ...
  • Brookfield Delays Payments While Asking Tenants To Pay Up

    June 22, 2020 Asset manager Brookfield, which owns stakes in numerous malls, is demanding retailers pay back rent even as the Toronto-based investment group has missed mortgage payments, the Financial Times reported Sunday ...
  • Easing FX Woes For Newly-Global SMBs

    June 19, 2020 The pandemic has introduced a major incentive for companies of all sizes to rethink their business models, and perhaps the most profound shift as a result of this trend is ...
  • Will Credit Sesame’s Digital Banking Push STACK Up?

    June 17, 2020 The challenger bank space is having a bit of a moment. LendingClub is buying Radius Bank. Green Dot is using the bank it already owns to build a bank for the ...
  • New Report: How Flexible-Payment Options Are Giving DIY Projects An Assist

    June 17, 2020 Consumers around the world are confining themselves to their homes and feeling the urge to invest in luxury items and home improvement projects to spruce up their surroundings — despite ...
  • Remitr Launches Global Business Accounts For SMBs In Canada

    June 16, 2020 Toronto’s Remitr, which works in business payments, has launched a new solution for setting up international payments in a quicker, more efficient manner, according to a press release. Using Remitr’s Global ...
  • Facebook Canada Starts Aid Program For SMBs

    May 26, 2020 Facebook Canada has announced a series of initiatives to aid small- to medium-sized businesses (SMBs) during the coronavirus pandemic, including $3.5 million in grants, virtual training classes and new features ...
  • Toronto To Launch 'Digital Main Street' To Help SMBs Get Online

    May 12, 2020 Toronto To Launch 'Digital Main Street'In Toronto, a new service called DMS ShopHERE, powered by the Schulich School of Business, aims to help small companies and artists move their businesses online. The initiative will provide small to ...
  • Mastercard Aims To Protect Canadian SMBs With RiskRecon Assessments

    May 11, 2020 MastercardRiskRecon, a Mastercard firm, is offering complimentary cybersecurity assessments through the end of the year to assist Canadian small businesses in keeping their operations safe during the pandemic. Mastercard said ...
  • Shopify Capital Extends Loans To Canadian SMBs Struggling Amid Outbreak

    April 21, 2020 ShopifyShopify is introducing a financing division that will extend loans to small and-medium-sized businesses (SMBs) in Canada financially suffering due to the global coronavirus pandemic, the company said in a ...
  • Canadian SMB Confidence At Record Lows

    March 25, 2020 CanadaThe Canadian Federation of Independent Business (CFIB)’s latest Business Barometer indicated that small business confidence dropped to a new historic low with the impacts of the coronavirus pandemic. The national ...
  • Canada Prepares For Future Digital Currency

    February 25, 2020 Canada Prepares For Future Digital CurrencyThe Central Bank of Canada said that while it will not be issuing a digital currency anytime soon, it will still develop a blueprint in case a pressing need becomes ...
  • Countries Brace For Global Economic Impact Of Coronavirus

    February 11, 2020 economic impactCanada Finance Minister Bill Morneau said that the coronavirus is probably going to have a “real” impact on that country’s economy, according to a report Monday (Feb. 10) by Bloomberg. Countries ...
  • Can Harry And Meghan Make Canada An International Style Destination?

    January 28, 2020 Prince Harry and Meghan MarkleWhen one thinks of the world’s great cities for fashion, a few likely suspects always seem to make the list. Milan, Paris, New York, London and, in recent years, Beijing. ...
  • Vancouver Finally Approves Uber And Lyft

    January 24, 2020 Vancouver Finally Approves Uber And LyftIn a move that’s been in the works since 2012, the city of Vancouver has approved Uber and Lyft to operate in the city, according to reports.  Uber originally tried to ...
  • Mastercard Debuts Canadian Intelligence And Cyber Center

    January 23, 2020 MastercardMastercard has launched a new center called the Intelligence and Cyber Centre in Vancouver, Canada, focused on speeding innovation in artificial intelligence (AI), cybersecurity and Internet of Things (IoT), according ...
  • Amazon Seeks Pharmacy Trademarks In Canada, UK, Australia 

    January 21, 2020 Amazon Seeks Pharmacy TrademarksAmazon has filed for a trademark for Amazon Pharmacy in several countries, according to a report by CNBC. Those countries include Australia, Canada and the U.K. The trademarks illustrate how Amazon ...
  • Plotly Gets $1.7M From Scale AI

    January 14, 2020 Data science and artificial intelligence (AI) technology company Plotly has received a $1.7 million contribution from Scale AI, an innovation hub that invests in AI and the development of technology ...
  • Visa Partners With TD To Power US, Canada Money Transfers 

    December 23, 2019 Visa, Visa Direct, U.S., Canada, real-time transfers, cross-border, payments, what's hot, newsVisa is teaming up with TD Bank to introduce a new solution to ease money transfers between Canadian and U.S. accounts, Visa announced Monday (Dec. 23).  Powered by Visa Direct, the ...
  • London’s Paysend Licensed To Operate In Canada

    December 9, 2019 UK Fintech Paysend Expands To CanadaPaysend, a FinTech out of the U.K., has received a license to operate in Canada in a move that will expand the company’s global reach, according to reports. The company obtained ...
  • Retail Sales Drop In Canada For First Time In Three Months

    November 22, 2019 Retail Sales In Canada Drop For First Time In Three MonthsWith a less-than-anticipated decline, retail sales in Canada dropped in September for the first time in three months. Statistics Canada noted that retailers sold 0.1 percent fewer goods in the ...
  • Walmart Develops Blockchain Freight Payment Network

    November 15, 2019 Walmart CanadaWalmart Canada has developed a blockchain-based network to facilitate logistics operations and payments, the company announced in a press release Thursday (Nov. 14). In collaboration with blockchain technology firm DLT Labs, ...
  • Uber Freight Branches Out Into Canada

    October 30, 2019 Uber Freight, expansion, canada, trucking, newsUber Freight is rolling out to Canada after bringing its technology to European customers across the Netherlands and Germany earlier this year, the company announced in a blog post on ...
  • Amazon Business Expands To Canada

    October 29, 2019 Amazon Business Expands To CanadaAmazon is expanding Amazon Business and Business Prime for its Canadian business customers, the eCommerce conglomerate announced on Tuesday (Oct. 29). Targeting small and medium-sized businesses, Amazon Business enables companies to ...
  • Canada's CIBC Enables Mobile Account Opening For Businesses

    October 25, 2019 Canada's CIBC Enables Mobile Account OpeningCanadian financial institution (FI) CIBC announced it now supports the opening of digital accounts for its business clients. The FI said in a press release on Thursday (Oct. 24) that business ...
  • PayPal Expands SMB Loan Offering To Canada

    October 22, 2019 PayPal Expands SMB Loan Offering To CanadaPayPal is expanding its small business lending operations into Canada. In a press release issued on Monday (Oct. 21), the company announced PayPal Business Loan’s Canadian launch, connecting small businesses in ...
  • Visa: She's Next Initiative Goes Global

    October 22, 2019 In early 2019, Visa launched the “She’s Next, Empowered by Visa” initiative to boost women-owned small businesses (SMBs) around the world through shared research, experience and technologies. Since its launch ...
  • Canada Mulls Public Digital Coin

    October 18, 2019 The Bank of Canada is thinking about launching its own digital currency. The Logic was the first to report that the country’s central bank is investigating both opportunities and challenges ...
  • Canada's Green Party Pushes Social Media ID Verification

    September 23, 2019 Capitol HillIt wasn’t all about Facebook on the Hill. Headlines in recent days focused on Facebook CEO Mark Zuckerberg being in Washington, D.C. meeting with lawmakers over several days, discussing, in part, ...
  • FinTech InstaReM Launches Remittance Service In Canada

    September 18, 2019 mobile cross-border money transferCross-border payments provider InstaReM is rolling out its digital money transfer services in Canada, the company said in a press release. By launching in Canada, the Singapore-based startup is strengthening its ...
  • Serving Up A Competitive Offering In The Crowded Meal Kit Market

    September 12, 2019 foodFor a consumer who wants to cook at home, but doesn’t necessarily want to spend a lot of time preparing for that process, there are no shortage of options on ...
  • Everlink Bolsters FI Fraud Protection With ACI Worldwide

    September 10, 2019 Canada’s Everlink Payment Services, a payment solution and service provider for banks, credit unions and small businesses, is strengthening its fraud controls for clients through a collaboration with ACI Worldwide. In ...
  • North Loop Banking Service Caters To International Students

    August 23, 2019 international student banking northloop, credit, cards, paymentsA new bank account designed for international students was launched in the U.S., FinTechFutures reported on Friday (Aug. 23). North Loop is offering checking accounts and debit cards with partner Evolve ...
  • Flexa: Making Crypto Spendable In Every Store

    August 23, 2019 Beyond bitcoin and price swings, might there be a place for crypto in commerce?  Flexa wants to bring digital coin into physical stores through a digital network that connects ...
  • Chase Forgives Consumer Debt On Canadian Credit Cards

    August 8, 2019 Chase BankChase Bank credit card customers in Canada were treated to an unusual gift when the lender forgave their outstanding debt, Fortune reported on Thursday (Aug. 8). Holders of the Amazon.ca Rewards ...