Women in Payments Announces 2019 Award Nominees

Awards Dinner celebrating the best and brightest women in the Canadian payments industry to be held on September 18 TORONTO–Women in Payments will honour six inspiring people with awards for their leadership in the payments ecosystem at the eighth annual Women in Payments Canada Symposium on September 18 and 19, …

READ MORE →

PayBright raises $34 million in growth equity financing from goeasy Ltd.

Allows PayBright to further accelerate the expansion of its buy now, pay later solution for e-commerce and in-store purchases TORONTO–PayBright, a Canadian fintech lending and payments provider, announced today that it has raised $34 million in a growth equity financing from goeasy Ltd. (“goeasy”). The transaction adds to a recent …

READ MORE →

Sezzle Announces Entry into Canadian Market with Disruptive Payment Solution

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 stores, …

READ MORE →

Fintech leader PayBright launches EnStream mobile verification

EnStream, the digital identity and device authentication joint venture of Canada’s national mobile network operators, and PayBright, a payments platform that offers merchants and consumers instant financing options, have partnered to advance PayBright’s client identity verification and authentication capabilities. “We bring Canadians a better way to pay through instant financing …

READ MORE →

CIBC eliminates transfer fees for businesses to send money overseas

Innovative Global Money Transfer platform makes it easier and faster to do business in more than 75 countries around the world TORONTO–CIBC is eliminating transfer fees for businesses sending money overseas, giving them a competitive edge by making it easier and faster to do business in more than 75 countries …

READ MORE →

Commentary: Why Merging Cryptocurrency With Today’s Payment Platforms Should Generate Rising Revenue Streams

FinancialNewsMedia Report Palm Beach FL–A report by McKinsey & Company on global banking, projected that global payment market revenues are poised to approach $3 Trillion by 2023. As cryptocurrency payment platforms become more common… that number should rise… but the purveyors of traditional payment methods may have to get over …

READ MORE →

A first in Canada, RBC clients can now use RBC Rewards points to pay bills

RBC’s leadership in the loyalty space continues with the launch of Pay Bills with Points TORONTO–Making the redemption experience even more rewarding, RBC’s Pay Bills with Points allows clients to use their RBC Rewards points to cover everyday expenses like phone, internet, utility bills and more. A first for any …

READ MORE →

Samsung Pay Network Expands with New CCUA Partnership

Steinbach Credit Union Association becomes the first credit union to launch Interac Debit on Samsung Pay Samsung Electronics Canada Inc. announced a new partnership with the Canadian Credit Union Association (CCUA) on behalf of the Canadian credit union sector. Widely accepted across Canada, Samsung Pay works almost anywhere you can …

READ MORE →

WeChat Pay Supports Merchants Expanding Businesses by Bringing its Ecosystem to the World

HONG KONG–WeChat Pay today unveils its latest strategy for cross-border payment business at the WeChat Pay Overseas Partner Conference 2019. Themed on ‘One for Billion’, the conference encourages service providers and merchants across the world to expand their businesses by reaching out and engaging the Chinese travelers through WeChat ecosystem. …

READ MORE →

Shifting Trends Signal Renewed Digital Payment Market Growth

News Commentary As consumer trends begin to change, many businesses are forced to adapt accordingly. One of the biggest demands in the consumer industry is more efficient payment systems. With the emergence of online platforms, digital payment solutions have rapidly evolved throughout recent years. Typically, most payment providers are advancing …

READ MORE →