Sections
canada
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2.4KGlobal PaymentsFinTech InstaReM Launches Remittance Service In Canada
Cross-border payments provider InstaReM is rolling out its digital money transfer services in Canada, the company said in a press release. By...
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1.6KRetailServing Up A Competitive Offering In The Crowded Meal Kit Market
For a consumer who wants to cook at home, but doesn’t necessarily want to spend a lot of time preparing for that...
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1.7KB2B PaymentsEverlink Bolsters FI Fraud Protection With ACI Worldwide
Canada’s Everlink Payment Services, a payment solution and service provider for banks, credit unions and small businesses, is strengthening its fraud controls...
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2.5KInternationalNorth Loop Banking Service Caters To International Students
A new bank account designed for international students was launched in the U.S., FinTechFutures reported on Friday (Aug. 23). North Loop is...
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4.2KCryptocurrencyFlexa: Making Crypto Spendable In Every Store
Beyond bitcoin and price swings, might there be a place for crypto in commerce? Flexa wants to bring digital coin into physical...
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3.0KDebtChase Forgives Consumer Debt On Canadian Credit Cards
Chase Bank credit card customers in Canada were treated to an unusual gift when the lender forgave their outstanding debt, Fortune reported...
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2.7KRetailGoop Introduces Digital Shopping In Canada
Goop has announced that it is extending its physical goop MRKT Toronto pop-up to digital shoppers in the Canadian market. The digital...
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4.0KDigital PaymentsWestern Union Partners With Canada’s TD For Global Money Transfer
Global payment services firm Western Union is teaming with Canadian financial institution TD to offer a fast, convenient way for TD account-holders...
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2.5KInvestmentsVenture Capital Disruptor Clearbanc Raises $50M
Clearbanc, a company that provides a funding alternative to traditional venture capital outfits, has raised another $50 million in an equity investment,...
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2.5KRetailImperial Brands Moves Into Cannabis Industry
Cigarette company Imperial Brands has invested in Canadian cannabis company Auxly Cannabis Group to the tune of £75m ($93.2M USD), according to...
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1.5KBitcoinBitcoin Daily: Canada Eases Crypto Rules; Bitcoin ATMs Elude AML Efforts
Cryptocurrency exchanges in Canada will now only have to report transfers of more than CA$10,000 ($7,663). The move comes after the Canadian...
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2.4KB2B PaymentsFunding Circle Delays Canada Launch In Gloomy Forecast
Funding Circle has reportedly cut its 2019 revenue expectations by half as it tightens small business (SMB) lending standards, reports in Reuters...
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3.2KAuthenticationThe Government As Catalyst To Innovating Digital ID
The ongoing and complicated work to build better digital identification systems for commerce and payments involves a host of players. The government...
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2.4KDigital PaymentsAdyen Now Enables Interac Debit Mobile Payments In Canada
On the heels of its Canadian launch last year, Adyen announced the addition of Interac Debit on Mobile for in-browser and in-app as...
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2.2KAlternative FinancesMicrolending Bridges Gaps For Recent Immigrants
Karla Ogaro was a certified pharmacist in the Philippines before emigrating to Canada. Mohammed Aly, also an immigrant to Canada, was a dentist who...
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4.0KDigital PaymentsPayPal, Visa Bring Instant Settlement To SMBs In Canada
Payment bottlenecks cause problems for all types of consumers and companies, not the least of which are small and medium-sized businesses (SMBs)....
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4.0KSecurity & FraudCanadian Lender Hit With Data Breach Impacting 2.9M
Canadian lender Desjardins Group revealed that it has been the victim of a data breach that could impact more than 2.9 million...
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1.6KRegulationCannabis Drinks To Be On Tap In Canada This December
A cannabis joint venture plans to start selling different types of marijuana-infused beverages in Canada this year. The maker of Coors Light...
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2.7KB2B PaymentsPayPal Canada Links Small Businesses To Cross-Border Shipping
PayPal is introducing a new solution for Canadian small businesses (SMBs) to lower their logistics costs when doing business with the U.S....
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2.5KPersonnelMastercard Names New President Of Canadian Operations
Mastercard announced on Thursday (May 30) the appointment of Sasha Krstic as president of the company’s Canadian operations. In a press release,...
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2.6KMastercardMastercard, Interac Team On Canada Cross-Border Payments
Mastercard and Interac, the global and domestic payment networks, announced Wednesday (May 22) they are collaborating to offer customers in Canada a...
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2.5KB2B PaymentsAccountants Sound Off On Wolters Kluwer Cyberattack
A cyberattack at accounting firm Wolters Kluwer that left its accountant clients unable to access a portal necessary to do their jobs...
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2.1KFintech InvestmentsKOHO FinTech Raises $42M To Fund Growth
KOHO, the Canadian FinTech, announced on Wednesday (May 15) that is has closed a $42 million round of fundraising. In a press...
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6.7KInternationalYoung Canadians Want Simple, Convenient Payments
A new study by Payments Canada shows that while Canadians are slowly moving away from cash, they still want options, especially the...
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1.7KEconomyCanada’s Insolvencies Jump In March To Highest Level In Eight Years
Consumers in Canada filed 11,963 insolvencies in March, up 5 percent from a year ago and the highest number in eight years....
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4.1KReal EstateMoney Laundering Causes Rising Canadian Home Prices
Home prices increased about 5 percent in Canadian province British Columbia last year thanks to money laundering. According to a report in The...
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6.1KDigital BankingWhat FIs Don’t Know They Don’t Know About Their Customers
When it comes to long-term consumer relationships, few businesses can top banks. They tend to keep ties with consumers over decades —...
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5.2KInnovationInnovative Ecosystem Draws FinTech Firms To Toronto
Toronto is a powerhouse for financial innovation in Canada: The city has the most sizable ecosystem for FinTech in the country, with...
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1.9KB2B PaymentsWhy Cross-Border Trade Is All About The Connections
In business, success can often rely on who you know. For small and medium-sized businesses looking to expand export operations across borders,...
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4.1KBankingBMO Bank of Montreal To Implement Mastercard Send In Canada
Mastercard and BMO Bank of Montreal announced Wednesday (April 24) that BMO is implementing Mastercard Send in an effort to deliver faster,...
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2.7KPartnerships / AcquisitionsFlywire, TRUE North Integrate To Reach More International Students
Flywire, the payment company focused on educational institutions and their students around the world, announced Thursday (April 18) an expanded partnership with...
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3.8KB2B PaymentsOnDeck Completes Evolocity Merger In Canada
OnDeck has closed the merger between its Canadian operations and small business lender Evolocity Financial Group, also based in Canada. The company...
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4.9KB2B PaymentsAmerica’s Path To Marijuana Banking Stirs Canada Competition
As the U.S. nears possible regulation that could open the banking doors to legal marijuana businesses, there are some business owners in...
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9.4KB2B PaymentsCanadian SMBs Improve AR Management Through eInvoicing, Automation
News came last week that the Canadian FinTech Central 1 had linked its credit union customers to a single digital platform that...
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5.1KRegulationCanada Wants To Govern Crypto Exchanges In Wake Of Quadriga Scandal
Canada wants to redo securities regulations to include cryptocurrency trading operations like Quadriga, which lost the ability to access $195 million of...
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7.6KB2B PaymentsFunding Circle Reveals Plans For Canada Launch
Alternative small business lending firm Funding Circle has announced plans to launch in Canada. The company issued a press release Thursday (March...
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6.0KPayment MethodsAlipay Comes To Canada
SnapPay, the Canadian cross-border payments company, and Alipay, the Chinese digital payments platform operated by Ant Financial Services, announced a collaboration Wednesday...
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4.3KInternationalCannabis Fund Profits 50 Pct Since January
The world’s first cannabis exchange traded fund (ETF) has returned more than 50 percent so far this year, growing to $1.3 billion...
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9.1KB2B PaymentsRipple Expands Into Middle East, Canada
Mercury FX, the international currency exchange provider, is reportedly relying on Ripple’s XRP xRapid to open up ten new payment corridors by the...
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15.0KAMLCanada Cannabis Payments Face Their Own Hurdles
Since last year, when Canada legalized recreational pot in full, the nation became a kind of country-sized lab for how that new...
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4.2KRetailCredit Suisse Out $60M After Chinese Boycott Of Canada Goose
Credit Suisse Group AG, a global financial services group, lost about $60 million after shares it held in Canada Goose plummeted in...
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3.6KRetailLegal Canadian Marijuana Sales Top $40M In First Month
One month after Canada legalized marijuana for everyone in the country, Canadians spent C$54 million ($41 million) on the product, according to...
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6.7KPayment MethodsTSYS On Canadians’ Lingering Love For Credit Cards
In Canada, credit cards hold sway, the preferred method of payment across any number of settings. Here’s why paying with credit has...
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5.0KCross Border CommerceXoom Expands Full Suite Of Send Services To Canada
When PayPal acquired global money transfer firm Xoom in 2015, company President and CEO John Kunze noted that becoming part of the larger PayPal organization...
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7.0KInvestmentsMarlboro Sees Opportunity In Canadian Cannabis
Altria Group, the maker of Marlboro cigarettes for the U.S. market, announced that it is acquiring 146.2 million newly-issued shares of Canadian...
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5.6KSecurity & FraudArrested Huawei Exec Accused Of Sanctions Fraud
After a week of waiting, the arrest of a Huawei executive was brought into sharp focus in a Canadian courtroom. On Friday...
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5.2KMobile Payments7-Eleven In Canada To Accept WeChat Pay, Alipay
7-Eleven, the convenience store operator, announced on Monday (Nov. 26) that participating stores in Canada will now accept Chinese mobile payment systems...
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7.0KB2B PaymentsHSBC Digitizes SMB Lending In Canada With Biz2Credit Partnership
HSBC Bank Canada is collaborating with alternative lending firm Biz2Credit to streamline and digitize small business lending in the country. A press...
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5.0KInternationalAdyen Expands Into Canada, Adds Adidas As Client
Adyen, the payments platform company, announced Tuesday (Oct. 30) that it has expanded into Canada and landed four new customers. In a...
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3.6KRetailWalmart Canada Launches Mobile Pickup In 22 More Stores
Walmart Canada announced that it has expanded its mobile pickup service in 22 additional stores. The company plans to expand the feature...
