Sections
canada
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4.1KPayment 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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3.2KCross 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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4.7KInvestmentsMarlboro 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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4.1KSecurity & 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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3.0KMobile 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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4.2KB2B 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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3.7KInternationalAdyen 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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2.7KRetailWalmart 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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2.0KInternationalCanada’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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4.6KCredit 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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2.8KRetailWalmart 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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3.8KSecurity & 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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4.0KBitcoinBitcoin 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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2.3KRidesharingUber 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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2.6KAuthenticationJumio 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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3.8KAuthenticationMixing 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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3.0KRetailWhy 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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3.8KInternationalVisa, 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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2.5KRegulationMoney 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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1.9KInnovationPDFs 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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4.4KStartup 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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2.8KB2B 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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2.9KB2B 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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5.1KStartup 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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7.6KB2B 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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4.2KPayment 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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3.5KArtificial 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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2.6KB2B 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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2.9KB2B 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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4.3KCashFor 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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3.2KSecurity & 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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3.6KB2B 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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3.7KPartnerships / 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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4.4KVISAVisa 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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3.1KEarningsWayfair 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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3.1KSecurity & 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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5.3KToday 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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3.6KPayment 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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4.7KPartnerships / 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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5.2KRetailBrick-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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6.6KB2B 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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2.6KB2B 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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4.2KPayments 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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5.5KANTITRUSTCanadian 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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3.6KB2B 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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4.8KSecurity & 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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3.9KB2B 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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5.6KAmazonAlexa 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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3.8KB2B 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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2.0KRidesharingUber 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...
