The travel sector is experiencing a shift as artificial intelligence redefines everything from global booking platforms to local tourism initiatives. Google and Sabre’s AI innovations offer personalized experiences and increased revenue, while destinations like Richmond, British Columbia, deploy AI assistants to enhance visitor engagement, reflecting...
Canada’s experiment with the digital dollar is over, at least for now. The Bank of Canada announced recently that after years of exploring the idea of a central bank digital currency (CBDC), it was moving on. “With this work completed, and with other payments issues gaining prominence,...
Mastercard is inviting women entrepreneurs in Canada to apply to receive one of 10 $10,000 CAD ($7,396) grants and access to mentorship opportunities to help them grow and scale their businesses. The company will accept applications for the Mastercard x Pier Five Small Business Fund until...
Loop raised $6.4 million CAD ($4.7 million) to expand its financial management platform for small businesses. The funding comes on top of a $4 million CAD ($2.9 million) round in 2022, according to a Tuesday (Sept. 17) press release. “Modern companies are built to operate...
December 20, 2022
Checks remain a key B2B payment method in Canada, but commercial cards are changing that. A driving force behind this is the partnership of New York-based Boost Payment Solutions and Toronto-based payment processor Moneris, as the latter is bringing more of Boost’s commercial card and straight-through processing (STP) capabilities to Canadian businesses. In a recent […]
June 25, 2021
“Consumers want flexibility in terms of how they want to pay,” Visa Canada Vice President and Head of Product and Digital Brian Weiner told Karen Webster. “They don’t want to...
March 04, 2021
Payment facilitators (PayFacs) could do with some northern exposure. In an interview with PYMNTS, Marcus Dagenais, president, Canada, at payment processor Payroc, said that expanding into Canadian markets can boost...
June 17, 2020
The challenger bank space is having a bit of a moment. LendingClub is buying Radius Bank. Green Dot is using the bank it already owns to build a bank for...
October 01, 2024
Mastercard agreed to acquire subscription management service Minna Technologies. The deal aims to ease the frustration consumers feel when dealing with subscription services, according to a Tuesday (Oct. 1) press release. “Consumers who want to modify, extend or cancel a subscription, occasionally struggle to find ways to do it easily,” the release said. “Additionally, card […]
September 23, 2024
Canada’s experiment with the digital dollar is over, at least for now. The Bank of Canada announced recently that after years of exploring the idea of a central bank digital currency (CBDC),...
September 18, 2024
Mastercard is inviting women entrepreneurs in Canada to apply to receive one of 10 $10,000 CAD ($7,396) grants and access to mentorship opportunities to help them grow and scale their...
September 17, 2024
Loop raised $6.4 million CAD ($4.7 million) to expand its financial management platform for small businesses. The funding comes on top of a $4 million CAD ($2.9 million) round in...
