Sections
canada
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1.6KRidesharingUber Autonomous Unit Invests $150M In Toronto
Uber’s CEO used his first visit to the company’s Canadian tech hub to announce a new engineering hub in Toronto. Dara Khosrowshahi...
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1.9KAuthenticationJumio On Montreal As AI Tech Hub
There are many locales that come to mind in looking toward the next big thing in FinTech, in payments, in AI and...
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2.9KAuthenticationMixing Humans Into The AI-Powered IDV Workflow Loop
In the world of Digital Identity Verification, convergence is when AI-tech and human intelligence converge to keep the cybercrooks at bay, says...
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2.0KRetailWhy Corona’s Parent Company Is Investing In Cannabis
Constellation Brands is not a household name, but the intoxicants it stands behind sure are — Robert Mondavi wine, Corona beer and...
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2.7KInternationalVisa, Mastercard Cut Canadian Interchange Fees
Visa and Mastercard have agreed to cut Canadian credit card transaction fees, which could save smaller businesses (SMBs) C$250 million ($192 million)...
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1.9KRegulationMoney Laundering Runs Rampant On Canadian Border
Law enforcement officials are seeing a rise in money laundering cases in Canada, and some say the country isn’t doing enough to...
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1.4KInnovationPDFs Are No Good — How, And Why, Governments Are Going Digital
For foes of paper cuts, recent news from Hawaii should offer encouragement: A six-month test designed to showcase the appeal of making...
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2.9KStartup Check-Innanopay: Proposed Canadian Payments Act Changes May Spur Innovation
For many companies, 2018 is a year of regulatory change: In Canada, for example, there are proposed changes to the Canadian Payments...
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2.2KB2B PaymentsOnDeck Secures Credit Facilities In Australia And Canada
Alternative small business lending platform OnDeck is expanding financing to businesses in Canada and Australia, the company announced on Wednesday (July 18)....
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2.0KB2B PaymentsCanada Finance Department Assesses Cyberattack Risk
Internal analysis at Canada’s federal Department of Finance is warning of the risk of a cyberattack that could have significant effects on...
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3.9KStartup Check-InEmailage: Prudent Fraud Prevention Is Key To Canadian FinTech Startups
Emailage, the online fraud prevention startup that uses email addresses to assess risk, is expanding its operations in the Canadian market. The...
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4.9KB2B PaymentsCanada’s FinTech Firms Move Posthaste Toward Open Banking
While Open Banking is not exclusive to the European markets, recent PSD2 and Open Banking regulations that came into effect earlier this...
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3.1KPayment MethodsUnionPay Partners With Bank of China To Bring QR Code Payments To Canada
UnionPay International is partnering with Bank of China’s Canadian unit to launch its QR code payment service in Canada. According to a...
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2.4KArtificial IntelligenceRBC To Spend More Than $3B On Advanced Technology
Royal Bank of Canada (RBC) is gearing up to spend $3.2 billion on technology with a focus on artificial intelligence, digital products...
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2.1KB2B Payments
PayStand Brings Its Blockchain B2B Payments To Canada
PayStand, a B2B payments company powered by blockchain, is launching in Canada. A press release on Tuesday (June 12) said PayStand is...
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2.3KB2B PaymentsCanada, France Organize Transatlantic Small Business Investment Fund
A group of investors in Canada and France has announced a partnership to launch a transatlantic fund aimed at facilitating investment in...
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2.8KCashFor Canadian Convenience Stores, Cash Is More Convenient
Despite the availability of new payment options, Canadian customers prefer to use cash to make small-ticket purchases like lottery tickets and tobacco...
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2.7KSecurity & FraudBank of Montreal, CIBC Announce Cyberattacks
Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC) announced Monday (May 28) that hackers stole data on close to 90,000...
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2.9KB2B PaymentsXero Makes Its Debut In Canada
With the small business accounting software market competition heating up, Xero is vying to get ahead and announced its launch of operations...
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2.8KPartnerships / AcquisitionsVisa And PayPal Extend Partnership To Canada
Visa and PayPal announced news on Wednesday (May 9) that they have expanded their strategic partnership to include Canada, where the two companies...
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3.3KVISAVisa Expands Real-Time Push Payments Platform In Canada
Building upon its global network for domestic and cross-border payments to businesses and consumers, Visa is expanding Visa Direct in Canada. Peoples...
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2.6KEarningsWayfair Books 48 Percent Revenue Gain As It Seeks To Improve Shipping
Wayfair aims to use investments in warehouses, shipping and hiring to boost earnings, company executives said on Wednesday (May 2) when announcing...
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2.7KSecurity & FraudData Breaches Are Stressing Americans, Canadians Out
Kaspersky Lab, the cybersecurity company, revealed in a new survey on Tuesday (May 1) that 81 percent of Americans and 72 percent...
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4.3KToday In DataAround The World With Payment Methods
It’s a big world out there, but it’s also a world that technology and digitization are gradually making smaller by connecting people...
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3.2KPayment MethodsSquare On Canadian Merchants And Cash(less) Payments
Today’s average Canadian consumer is more cash-enthused than their average American counterpart. Canadians still make about 51 percent of their purchases in cash,...
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4.0KPartnerships / AcquisitionsAlipay Consumers Pay At POS In Canada
Alipay, the payment affiliate of Alibaba, is reportedly reaping the rewards of its partnership with Motion Pay Technology, the payment company in...
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4.5KRetailBrick-And-Mortar Merchants Breathe New Life Into Cabs In Calgary
Uber Eats or Grubhub? Postmates or Instacart? For last-mile delivery, there are several choices for consumers to get take out, household products...
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5.3KB2B PaymentsCanada’s IBM Payroll Plans Go Bust — Costing $1 Billion
Canada has spent CAD $1 billion (about $780 million) on a government payroll solution operated by IBM, but reports in Bloomberg on Thursday...
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2.4KB2B Payments
Amid Job Gains, Canada’s FinServ Sector Sees Drop In Headcount
Canadian companies added 10,700 new jobs in January, according to new data from ADP, but not every industry benefited from the boost....
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3.7KPayments InnovationA Decade In The Making, Here Comes Interac 2.0
It took a while but the new Interac debuted earlier this month, bringing together two companies and disparate functions across payments, from...
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5.1KANTITRUSTCanadian Regulator On Innovation’s Slow Roll
Oh, Canada, Open Banking and finTech innovation? No frozen landscape there, if regulators look toward a recent study of competition (and cooperation)...
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3.1KB2B PaymentsCanada’s Marijuana Legalization Entices Smaller Financial Players
While legal marijuana companies in the U.S. struggle to gain access to financial services, their industry peers north of the border are...
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4.2KSecurity & FraudPersonal Identity Dealer Arrested In Canada
The man behind LeakedSource.com has been arrested in Canada. According to The Hacker News, Canadian authorities arrested 27-year-old Jordan Evan Bloom in...
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3.5KB2B PaymentsCanada Economic Growth Slows, SMB Lending Cools
Data is expected to show slower economic growth across Canada for the second half of 2017 and, along with it, a slowdown...
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5.0KAmazonAlexa Makes Her Way North (To Canada)
Amazon’s line of Echo speakers powered by Alexa, its digital voice assistant, has made its way to Canada. First spotted by TechCrunch,...
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3.6KB2B PaymentsInvesting In The Startups That Invest In Innovation
The startups and small businesses that innovate aren’t just coming up with new technologies — they’re creating entirely new business models that, while...
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1.9KRidesharingUber Pulling Out Of Quebec In October
Uber, the ridesharing startup, announced news on Tuesday (Sept. 26) that it will no longer operate in Quebec in October. The decision...
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3.0KRetailDubai’s Shedul Is Giving Beauty A Digital Makeover
“We did some research and found out that the majority of businesses in the beauty industry operate offline, without any software at all. A...
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3.7KMastercardFlywire Offers Tuition Discounts For Using A Mastercard
Flywire, the cross-border payment company, announced news on Tuesday (Aug. 15) that it is providing students and their families discounted prices on...
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7.2KRetailTim Hortons And The Innovative Donut
Donuts used to be one of the more standard staples of the American “balanced” breakfast. There was variety of course- but within...
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3.5KTech CenterTech Center: Montreal On Tech’s Radar
Known for its delicious poutine, beer and scenic views, Montreal is more than just a place for New Englanders to go for...
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4.4KPayment MethodsPayPal and TIO Networks Complete Their Acquisition
PayPal and TIO Networks announced Tuesday (July 18) that PayPal has completed its previously announced acquisition of TIO Networks. In a press...
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6.7KInnovationSubway Adds Self-Serve Kiosks And Mobile Order Ahead
Subway, the world’s largest restaurant chain, announced it is updating its store design to include new digital self-order kiosks, separate food prep...
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3.7KBanking
As Mobile Banking In Canada Grows, Overall Customer Satisfaction Declines
A new study by J.D. Power has found that while more Canadians are utilizing and happy with mobile banking, customer satisfaction with...
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3.8KB2B PaymentsMicrosoft Adds PayPal-Friendly eInvoicing Tool For SMEs
Microsoft is positioning itself further within small businesses, announcing new features for SME users of Office 365 on Monday (July 10). In...
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5.4KB2B PaymentsSage Accounting Chat Bot Lands In Canada
Sage‘s accounting chat bot is expanding. The company said this week that its AI-powered chat bot, Pegg, will be available to companies...
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3.3KInvestmentsB2B Venture Capital Activity Slows But Shows Signs Of Upcoming Activity
B2B venture capitalists seem in a bit of a summer haze. Analysts say investment in the B2B FinTech space is rising, but...
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3.5KAndroid PayAndroid Pay Now Supports American Express In Canada
Android Pay has added support for American Express in Canada, just in time for shoppers to utilize the contactless payment option during...
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4.0KB2B Payments
Canadian SMEs Unaware Of Government Efforts To Help
A new survey released by accounting, payroll and payment company Sage finds Canadian SMEs are largely unaware of government initiatives that could...
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1.3KB2B PaymentsChina, Canada Call Corporate Hacking Truce
China and Canada have agreed to cease cyberattacks aimed at each other’s private sectors, reports said Monday (June 26). Late last week, high-level...
