Payments

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 …

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 …

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 …