Payments

TORONTO, ON–Are Canadians’ holiday spending plans going to be naughty, or nice i.e. spending less or more? And will they flock to the stores or let their fingers do the shopping, online? COVID-19 may unfortunately have moved Canadians to the latter with arguably country’s largest retail market: Toronto and the …

TORONTO, ON–As COVID-19 continues to transform the retail landscape, this holiday shopping season is shaping up to be like none other. And for several reasons according to a new survey from Mastercard. Canadian shoppers are prioritizing support of local businesses: acts that will be carried forward into the holiday season. …

Provides highly scalable new funding for PayBright’s fast-growing consumer receivables TORONTO, ON—-PayBright, Canada’s leading provider of installment payments for consumer purchases at the point of sale, announced today that it has launched a highly scalable new securitization facility. The committed facility was arranged by one of Canada’s “Big Five” banks …

The Canadian fashion retailer is now offering PayBright’s buy now, pay later option at checkout for its two brands: Dynamite and Garage TORONTO, ON–Groupe Dynamite, a leading Canadian fashion retailer whose a la mode apparel and accessories are offered online and in over 300 Garage Clothing and Dynamite stores across …

TORONTO, ON–BMO has introduced the ability to reset or change a MasterCard PIN via online or mobile banking. As well – as remote banking capabilities become increasingly important – the bank has also introduced a suite of credit card self-service capabilities over the last several months. BMO everyday banking customers …

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, …

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 …

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, …

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 …

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 …