August 28, 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 ...
August 26, 2020Afterpay 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 ...
August 20, 2020South 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 ...
August 17, 2020A 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 ...
August 6, 2020As 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 ...
July 20, 2020Despite 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 ...
June 22, 2020Asset 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 ...
June 19, 2020The 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 ...
June 17, 2020The 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 ...
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 ...
June 16, 2020Toronto’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 ...
May 26, 2020Facebook 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 ...
May 12, 2020In 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 ...
May 11, 2020RiskRecon, 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 ...
April 21, 2020Shopify 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 ...
March 25, 2020The 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 ...
February 25, 2020The 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 ...
February 11, 2020Canada 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 ...
January 28, 2020When 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. ...
January 24, 2020In 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 ...
January 23, 2020Mastercard 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 ...
January 21, 2020Amazon 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 ...
January 14, 2020Data 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 ...
December 23, 2019Visa 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 ...
December 9, 2019Paysend, 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 ...
November 22, 2019With 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 ...
November 15, 2019Walmart 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, ...
October 30, 2019Uber 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 ...
October 29, 2019Amazon 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 ...
October 25, 2019Canadian 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 ...
October 22, 2019PayPal 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 ...
October 22, 2019In 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 ...
October 18, 2019The 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 ...
September 23, 2019It 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, ...
September 18, 2019Cross-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 ...
September 12, 2019For 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 ...
September 10, 2019Canada’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 ...
August 23, 2019A 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 ...
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 ...
August 8, 2019Chase 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 ...
Nuvei 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 ...
