Jul-Aug 2019 Issue

Enabling faster (and secure) payments

By Arjun Kakkar Digital commerce is growing1, but it still represents less than 15 per cent of the total global retail business value2. One key reason is a far-from-seamless shopping experience. According to a study by the Baymard Institute, almost 70 per cent of U.S. shoppers end up abandoning their …

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BankingIndustry News

CIBC named Canada’s Best Consumer Digital Bank by Global Finance

Also recognized for being best in mobile banking, and for best mobile banking app and website design TORONTO–Global Finance magazine has named CIBC the Best Consumer Digital Bank in Canada, as well as being best in mobile banking, and for best mobile app and website design. “We are thrilled to …

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DeliveryE-commerce

EDC provides USD$600K to RBC to support a Canadian company working to make ecommerce greener

Stromcore Energy Inc. offers emissions-free technology for forklifts Consumers are increasingly hitting the “purchase” button on virtual shopping carts, creating a higher demand for massive warehouses and distribution centres that are buzzing with conveyor belts, pallet jacks and forklifts. Most of those forklifts run on either combustion engines or lead-acid …

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Cryptocurrencies

DENSO Joins MOBI Consortium to Help Standardize Blockchain Technology for Future Mobility

Blockchain offers new opportunities to improve security, shared services, data and payment management in transportation DENSO, the world’s second largest mobility supplier, has joined the Mobility Open Blockchain Initiative (MOBI). MOBI is a global consortium of businesses and organizations dedicated to innovating mobility services through blockchain technology, or a decentralized …

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May-Jun 2019 Issue

Case Study: AMJ Campbell moves to blockchain

Case Study AMJ Campbell moves to blockchain AMJ Campbell, which is one of Canada’s largest movers, is also a first mover with blockchain technology to streamline and secure its accounting processes. It has successfully transitioned from paper cheques to a paperless digital payables process using blockchain. “Blockchain is a disruptive …

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May-Jun 2019 Issue

Why blockchain for payments?

By Wally Vogel You have probably heard all the blockchain hype and are wondering when or if it will actually play a role in your day-to-day business. Blockchain has often been described as a solution looking for a problem. As a result, you may have seen guides to help decide …

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May-Jun 2019 Issue

Serving modernized payment solutions

By Patrick Diab The hospitality industry is undergoing significant changes as consumer tastes evolve, and savvy competitors enter the market with creative and digital ways to serve customers. Statistics from 2018 estimate that accommodation and food services generate over $110 billion in revenue per year for the Canadian economy1. Recent …

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May-Jun 2019 Issue

Blockchain Moving to the mainstream?

By Monica Eaton-Cardone The J.P. Morgan Chase blockchain-based Interbank Information Network (IIN)’s launch of the JPM Coin digital currency has sparked renewed international interest in both cryptocurrency and blockchain1. The company recently announced that 220 banks have signed on to IIN, a major development that will impact payments and other …

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May-Jun 2019 Issue

Modern payments for sustained growth

By Toby Holmes The irreversible decline of mass transit has been predicted so often, it’s surprising (and welcome) to hear some positive news about the sector. But non-private-vehicle transportation is having a renaissance. This is partly driven by the rise in popularity of rideshare apps across North America (and more …

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May-Jun 2019 Issue

Maximizing international opportunities

By Andrew Monroe When you’re selling products online, your ideal customer may come from anywhere in the world, not just from North America. Maximizing those international sales and revenue opportunities means giving that customer a localized payment experience, regardless of regional currency differences and linguistic barriers. Companies that do this …

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