Sections
canada
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5.1KB2B 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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3.3KRegulationCanada 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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4.9KB2B 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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3.2KPayment 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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3.5KInternationalCannabis 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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7.7KB2B 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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13.4KAMLCanada 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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3.4KRetailCredit 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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3.0KRetailLegal 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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5.6KPayment 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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4.0KCross 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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5.6KInvestmentsMarlboro 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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5.0KSecurity & 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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4.1KMobile 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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5.5KB2B 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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4.3KInternationalAdyen 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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3.1KRetailWalmart 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...
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2.4KInternationalCanada’s Legalized Pot Sales Off To Slow Start With Limited Stores Open
Canada became the first country to legalize recreational use of pot on Wednesday (Oct. 17), but response was tepid – in part...
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5.3KCredit UnionsNEW REPORT: Credit Unions Help Marijuana Businesses Cut Through Financial Haze
When it comes to making financial decisions, businesses and consumers alike need to be well-informed — and in recent weeks, several credit...
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3.3KRetail
Walmart Canada Eyes Cannabis Industry
Walmart’s Canadian unit might start selling cannabis-based products in the future, although there are no immediate plans in the works. “Walmart Canada...
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4.4KSecurity & FraudCanada’s Largest ISP Suffers Website Glitch
Internet provider Altima Telecom — one of the largest independent Canadian internet service providers, serving Montreal and Toronto — had to repair a...
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4.2KBitcoinBitcoin Daily: $100M Canadian Mining Farm Could Go Dark In A Heat Wave
Medicine Hat, a city in Canada, reportedly has plans in place to shut off the power to the Hut 8 crypto mining should...
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2.6KRidesharingUber 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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3.2KAuthenticationJumio 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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4.5KAuthenticationMixing 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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3.9KRetailWhy 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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4.5KInternationalVisa, 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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2.8KRegulationMoney 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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2.9KInnovationPDFs 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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5.9KStartup 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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3.2KB2B 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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3.5KB2B 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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5.6KStartup 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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9.8KB2B 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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4.9KPayment 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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4.2KArtificial 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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3.0KB2B 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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3.6KB2B 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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5.2KCashFor 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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3.5KSecurity & 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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4.0KB2B 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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4.0KPartnerships / 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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5.0KVISAVisa 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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3.5KEarningsWayfair 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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3.4KSecurity & 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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5.8KToday 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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3.9KPayment 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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5.1KPartnerships / 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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5.7KRetailBrick-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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7.2KB2B 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...
