FinTech

Canada needs blockchain

By Alastair Johnson The federal government’s Budget 2019 included a proposal for an oversight framework to ensure that “retail payment services providers can continue to offer innovation in services, while remaining reliable and safe”1. What’s interesting is that this declaration was not followed by any statement regarding the use of …

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FinTech

BMO Strengthens Partnership with Fintech Platform Blend

TORONTO–BMO has an expanded partnership with leading digital lending platform Blend, having participated as a strategic investor in the company’s recent Series E round. The expanded relationship will further accelerate the bank’s digital strategy in North America. “Customers are telling us that they are looking for digital-first experiences, and working …

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E-commerce

Paytm Labs Sets Up Shop in Montréal

The mobile payment, commerce solutions giant from India plans to create 60 specialized jobs in Montréal over the next three years MONTRÉAL–Paytm is pleased to announce the opening of a research and development centre in Montréal. Paytm, whose international headquarters are in India, is a leader in innovative mobile payment, …

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Payment Processing

Sezzle’s Canadian Entry targets Market with Buy-Now, Pay-Later Payments

The payment innovator, which enables consumers to spread purchases over four installments with no interest, is kicking off its Canada launch with a partnership with Kappa Sportswear TORONTO–Sezzle, Inc., the highest consumer-rated installment payment solution, announced today that its platform is now available to Canadian shoppers at thousands of online …

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BitcoinCryptocurrencies

Interlapse Launches Virtual Currency Platform: Coincurve.com Canada

Interlapse Technologies Corp. launched coincurve.com, where Canadians can now purchase virtual currencies such as Bitcoin and Bitcoin Cash in a simple, fast and secure manner. Today’s press announcement follows the completion of Coincurve’s positive six-month pre-release testing period, which has resulted in internal operational efficiencies and security enhancements, as well …

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BillingE-commerce

Air Black Box Powers Flair Airlines’ Ancillary Revenue Strategy

Travel connection platform is helping Canada’s first Ultra-Low Cost Carrier quickly ramp up its booking and digital retailing capabilities Air Black Box, a global travel technology company founded to help airlines address the complexities of cross-selling travel product inventory, is partnering with Flair Airlines, Canada’s first independent ultra-low cost carrier, …

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AI

AI Reduces Cost and Human Error in Finance

Canadian CFOs Believe Payroll, Accounting and Accounts Payable Will Benefit Most From AI Artificial intelligence (AI) is expected to bring significant transformation to companies’ accounting and finance functions, new research suggests. The area predicted to benefit most is payroll, as predicted by 52 per cent of CFOs across Canada in …

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Cybersecurity

Mogo Partners with Major Canadian Retailer to Battle Identity Fraud

Mogo Partners with The Brick Mogo Finance Technology Inc., a financial health app, is working with Trans Global Insurance to help customers of The Brick, Canada’s largest home furnishings retailer, understand and combat identity fraud. TGI is a leading provider of credit insurance and other protection products in Canada, and …

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Payment Processing

Bulloch Technologies, Motion Pay Form Canadian Payments Partnership

Bulloch and Motion Pay to deliver unified Chinese Payment solutions to Canadian Petroleum and Convenience Retailers TORONTO–Bulloch Technologies, Canada’s leading provider of point of sale and payment systems, Motion Pay, the North American leader in Chinese payment services, have formed a business partnership to enable Chinese payments across Bulloch’s extensive …

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Cybersecurity

New report examines dueling priorities in banking: Identity verification and customer experience

Rancho Santa Margarita, CA—Melissa, a leading provider of global contact data quality and identity verification solutions, today announced availability of “Identity Verification: Successful Strategies to Minimize False Positives and Risk,” a new report commissioned by Melissa and produced by Aite Group. The paper explores the challenge of verifying identity without …

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