Innovation can’t come at the expense of trust
By Michael Rhodes Thanks to technology companies we have new ways to communicate, buy the things we want —and sell what we don’t—to get around and have all our favourite music in our pocket. We can count on these businesses for hyper-personalization and to create new algorithms to power their …
The AI payments revolution
By Derek Colfer As consumers shift away from cash and towards digital and mobile payments, financial institutions and payments technology providers are exploring new ways to make those transactions faster, easier and frictionless. The next frontier in that evolution will be artificial intelligence (AI). AI is a computer science that …
Realizing Canadian Payments 2.0
By John Armstrong To say that Canada’s payments modernization plans or “Canadian Payments 2.0” are ambitious would be an understatement. With plans for real-time payments, data-rich transactions, more efficient standards and open-banking platforms, these initiatives will revolutionize how Canadians transact: much to the benefit of businesses and consumers alike. These …
A sound solution for mobile payments
By Steve Doswell Mobile payments have come a long way in a relatively short amount of time and have solidified their place amongst mainstream payment methods. Their share of the payments market will now quickly accelerate. Here’s why. Consumer comfort. Mobile bill payment has gone from exclusively serving the tech-savvy …
Invisible payments are taking the lead
By Paul Parisi Convenience has long been the driver of payments innovation. As customers crave greater ease in the ways they pay, the industry has responded with fast, easy, secure and seamless payment options. These factors have combined to usher in invisible payments. Invisible payments take traditional payment methods such …
Mobilizing Canadian payments
By Hans Kelso The financial marketplace in Canada is a fundamentally conservative environment, with the majority of Canadians conducting their business with a small number of large institutions, buttressed by the near universal accessibility of the Interac network. It should then be no surprise that mobile payments, and more generally …
High-profile roster of industry leaders to discuss the future of payments at the 2019 SUMMIT
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 …
Holiday shopping, international transactions help boost spend in Canada by 3.0 per cent in final quarter of 2018
Lowest quarterly growth in four years could signify trend for 2019 TORONTO–The final quarter of 2018 wrapped up with a 3.0 per cent increase in spend over the same period in 2017, according to Moneris Solutions Corporation, Canada’s largest processor of debit and credit payments. This increase marks the lowest …
Bad Boy to Offer Point-Of-Sale Consumer Financing Solution
Flexiti Signs Long-Term Agreement With Bad Boy TORONTO–Globalive Technology Inc., a technology company focused on developing innovative payment, billing and credit solutions for consumers and businesses, today announced that the Company’s partner Flexiti Financial, a leading point-of-sale consumer financing solutions provider for retailers, has signed a long-term agreement with Bad …
The End of Free Returns? Top 10 eCommerce Trends That Will Impact Retailers, Consumers in 2019
Absolunet analyzed over 200 eCommerce initiatives to predict the 10 trends that will have the greatest impact in 2019. MONTREAL–Absolunet reveals the top 10 eCommerce Trends that will impact North American retailers in 2019. The effects will be felt across the entire supply chain by brands, manufacturers, distributors, retailers and …