Payments

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 …

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 …

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. …

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 …

Birks  signs on with Flexiti’s Private Label Credit Card TORONTO– Birks Group has launched its online financing solution, modernizing consumer lending for its customers across Canada, by adopting Flexiti Financial’s private label, point-of-sale consumer financing solution for retailers. The online offering complements Flexiti’s in-store financing which was implemented last year …

New cards usher in enhanced travel benefits, exciting new offers for savvy travellers TORONTO–American Express Canada and Marriott International, Inc. announced updates to the current Starwood Preferred Guest American Express Cobrand Credit Card portfolio following the recent unveiling of Marriott’s new travel program, Marriott Bonvoy. The Starwood Preferred Guest Credit …

Veem Modernizes Outdated International Payment System Through VeemRewards SAN FRANCISCO–Veem, the simplest possible way for businesses to send money around the world, celebrated reaching 100,000 customers in 96 countries, by launching a first-of-its-kind rewards program, VeemRewards. The VeemRewards program gives businesses cash back for managing their business payments through Veem …

Victor G. Dodig, Dr. Leila Fourie, Jim Marous, and more to be announced, join the agenda of payments and technology leaders at Canada’s largest payments conference OTTAWA–Payments Canada welcomes top payments, fintech, technology and business leaders to this year’s annual conference taking place May 14-16. This year, The SUMMIT will …

SVS Expands its Digital Gifting and Distribution Offerings Vancouver–Stored Value Solutions (SVS), a leader in gift card processing and program management, has completed the acquisition of Buyatab, a leading international provider of online gift card solutions. The acquisition further solidifies SVS’s industry leading position in the emerging digital gifting space, …