FundingPayment Processing

Sezzle’s Canadian Entry targets Market with Buy-Now, Pay-Later Payments

The 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 …


Interlapse Launches Virtual Currency Platform: Canada

Interlapse Technologies Corp. launched, where Canadians can now purchase virtual currencies such as Bitcoin and Bitcoin Cash in a simple, fast and secure manner. Today’s press announcement follows the completion of Coincurve’s positive six-month pre-release testing period, which has resulted in internal operational efficiencies and security enhancements, as well …


Air Black Box Powers Flair Airlines’ Ancillary Revenue Strategy

Travel connection platform is helping Canada’s first Ultra-Low Cost Carrier quickly ramp up its booking and digital retailing capabilities Air Black Box, a global travel technology company founded to help airlines address the complexities of cross-selling travel product inventory, is partnering with Flair Airlines, Canada’s first independent ultra-low cost carrier, …


AI Reduces Cost and Human Error in Finance

Canadian CFOs Believe Payroll, Accounting and Accounts Payable Will Benefit Most From AI Artificial intelligence (AI) is expected to bring significant transformation to companies’ accounting and finance functions, new research suggests. The area predicted to benefit most is payroll, as predicted by 52 per cent of CFOs across Canada in …

Pre Paid

Study: Canadian Open-Loop Prepaid Market Grows to $4.3 billion in 2018

Fintech challenger banks using prepaid’s flexible technology as a platform for innovative consumer banking solutions drove growth The Canadian Prepaid Providers Organization (CPPO) today released its annual benchmark study, The Canadian Open-Loop Prepaid Market: 2018, revealing CAD$4.3 billion in total dollars loaded onto open-loop prepaid cards. According to the study …


Mogo Partners with Major Canadian Retailer to Battle Identity Fraud

Mogo Partners with The Brick Mogo Finance Technology Inc., a financial health app, is working with Trans Global Insurance to help customers of The Brick, Canada’s largest home furnishings retailer, understand and combat identity fraud. TGI is a leading provider of credit insurance and other protection products in Canada, and …


Manulife Bank wants to show banking can be done differently

Open four banking products online in four minutes, offers Canadians value far beyond just a big bank chequing account Manulife Bank debuts its innovative new digital All-In Banking Package today, a multi-product banking package that helps Canadians develop better financial habits and improve their financial well being. The All-In Banking …

Industry NewsLeadership

Paysafe Group Appoints Philip McHugh as CEO

May 30, 2019: Paysafe Group, a leading global payments provider, today announced the appointment of Philip McHugh as its CEO, effective June 24, 2019. McHugh replaces Joel Leonoff who is taking up a new position as Vice Chairman of the Company’s Board of Directors. McHugh, who will also sit on …

Payment Processing

Bulloch Technologies, Motion Pay Form Canadian Payments Partnership

Bulloch and Motion Pay to deliver unified Chinese Payment solutions to Canadian Petroleum and Convenience Retailers TORONTO–Bulloch Technologies, Canada’s leading provider of point of sale and payment systems, Motion Pay, the North American leader in Chinese payment services, have formed a business partnership to enable Chinese payments across Bulloch’s extensive …

Mar-Apr 2019 IssueMobile Payments

2019: Another landmark year for mobile payments

By Daniel Kornitzer Increased mobile penetration and a growing level of consumer comfort with making payments through a smartphone or tablet continues to impact consumer spending habits across the globe, including Canada. To measure the impact of this trend, Paysafe surveyed consumers from Canada, the U.S., U.K., Germany and Austria …