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canada
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851BitcoinBitcoin 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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1.6KB2B 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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2.1KAuthenticationThe 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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1.5KDigital 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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1.7KAlternative 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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2.7KDigital 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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3.0KSecurity & 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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1.3KRegulationCannabis 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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2.2KB2B 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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2.1KPersonnelMastercard 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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2.2KMastercardMastercard, 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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2.2KB2B 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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1.8KFintech 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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4.2KInternationalYoung 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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1.6KEconomyCanada’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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4.0KReal 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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5.5KDigital 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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4.8KInnovationInnovative 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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1.7KB2B 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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3.6KBankingBMO 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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2.5KPartnerships / 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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3.5KB2B 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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4.6KB2B 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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9.0KB2B 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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4.9KRegulationCanada 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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7.3KB2B 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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5.2KPayment 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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4.1KInternationalCannabis 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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8.7KB2B 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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14.7KAMLCanada 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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4.0KRetailCredit 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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3.4KRetailLegal 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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6.3KPayment 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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4.7KCross 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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6.6KInvestmentsMarlboro 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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5.5KSecurity & 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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4.8KMobile 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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6.5KB2B 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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4.7KInternationalAdyen 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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3.4KRetailWalmart 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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2.8KInternationalCanada’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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6.2KCredit 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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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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4.8KSecurity & 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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4.4KBitcoinBitcoin 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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2.9KRidesharingUber 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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3.6KAuthenticationJumio 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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4.9KAuthenticationMixing 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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4.3KRetailWhy 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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5.2KInternationalVisa, 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)...
