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By Daniel Krisch With more than 8,100 hotels operating in Canada today, hotel managers face a critical task in balancing the dynamic between providing a highly personalized guest experience for customers and offering them an array of self-service tools for an easier and more comfortable individual hotel experience. Self-service applications …

By Alastair Johnson The federal government’s Budget 2019 included a proposal for an oversight framework to ensure that “retail payment services providers can continue to offer innovation in services, while remaining reliable and safe”1. What’s interesting is that this declaration was not followed by any statement regarding the use of …

By Brendan Read Canada and the United States have long been deeply connected financially with each other through trade, including investments, tourism and individual migration for work, education and also visits, like for shopping and for retirement. Canadians make and receive payments while in the U.S., and from and to …

By Oscar Roque Many view blockchain as a disruptor. But here at Interac we see it as an enabler. To date, our journey has been an exciting one—exploring and experimenting with blockchain technology—while applying it to new use-cases and problem sets. With over three decades of building payments ubiquity in …

By Brendan Read The British Columbia Ferry Service (BC Ferries) is one of arguably Canada’s best known and patronized transportation companies and one of the world’s largest ferry operators. Its highly varied fleet of 35 vessels operate safely year-round, carrying vehicles, passengers and cyclists on 25 routes to 47 terminals, …

The Bank of Canada and the Monetary Authority of Singapore (MAS) reported May 2 that they have conducted a successful experiment on cross-border and cross-currency payments using central bank digital currencies and distributed ledger technology (DLT). This is the first such trial between two central banks, they said in a …

Wirecard Offers Fully Digital Payout Solutions for Millions of North American Consumers With Launch of New Mobile App – Wirecard’s new mobile app benefits payout solution users and corporate customers alike Wirecard, a global innovator for digital financial technology, announces the launch of its new mobile app for millions of …

TORONTO–BMO has an expanded partnership with leading digital lending platform Blend, having participated as a strategic investor in the company’s recent Series E round. The expanded relationship will further accelerate the bank’s digital strategy in North America. “Customers are telling us that they are looking for digital-first experiences, and working …

Automakers Keep Production Running Smoothly with Mastercard Track™ and OpenText Supplier Portal WATERLOO–OpenText, a global leader in Enterprise Information Management (EIM), and Mastercard , the global payments company, announced a partnership to help companies increase financial efficiencies across global supply chains, starting in the automotive industry. The collaboration will further …

The mobile payment, commerce solutions giant from India plans to create 60 specialized jobs in Montréal over the next three years MONTRÉAL–Paytm is pleased to announce the opening of a research and development centre in Montréal. Paytm, whose international headquarters are in India, is a leader in innovative mobile payment, …