Industry News

Banks in Canada Support Canadians Affected by Alberta Fires

TORONTO, ON–Banks in Canada have pledged support to organizations providing on-the-ground relief and help to those affected by fires in Alberta that have devastated communities in the province. To support Albertans, several banks are collecting financial donations in bank branches for Canadian Red Cross relief efforts and making corporate donations …


Walmart Canada announces senior executive changes to support strategic initiatives

MISSISSAUGA, ON–As the company continues to transform to help Canadians save money and live better, Walmart Canada is pleased to announce recent senior executive leadership changes. These changes will help the company deliver on priority initiatives to accelerate growth and, most importantly, to support the customer experience. (left to right) …


Finastra and Plaid announce collaboration to give account holders streamlined access to fintech apps

The integration simplifies the account verification process via open APIs, creating a more secure and efficient customer experience LAKE MARY, FL–Finastra announced that Plaid, the leading open finance provider, is now integrated within Finastra’s Fusion Digital Banking platform. The partnership, delivered via Finastra’s open APIs, provides financial institutions of …

Business BankingFinTechPayments

Float Takes On Canada’s Big Banks With The Launch of Its Next Generation Corporate Card

TORONTO, ON–Float, one of Canada’s fastest growing fintechs, announced the release of Float Cards 2.0, its next generation of corporate cards, providing Canadian businesses with more flexibility and control over managing team spending, all while reducing administrative headaches and the risk of fraud. Float’s newest corporate cards, available in both …

Consumer BankingGifts & Rewards

TD teams up with Uber to deliver valuable perks to cardholders, while saving on rides, meals and more

Eligible TD cardholders will receive a free Uber One membership for up to 12 months TORONTO, ON–TD Bank Group (TD) has teamed up with Uber to help customers unlock even more value on transportation, meals and more. Thanks to this new relationship, eligible TD cardholders will be able to enroll …


Biometric payments appeal to nearly half of Canadians but data security remains top of mind

by Kristina Logue, Chief Financial Officer, Payments Canada New technology and innovations in the payment space are transforming the way Canadian consumers and businesses make and process payments. According to data from Payments Canada’s annual Canadian Payment Methods and Trends Report, Canadian businesses are writing fewer and fewer cheques while …

LeadershipSpring 2023 Issue

Recession and cost reduction: 4 tips for CFOs to get the best of their expenses this year

by Vikram Bhandari With ever-evolving and competitive times, the role of a CFO has gone through a radical change. Traditionally CFOs were known for their ability to track numbers and support decision-making. Today, CFOs are no longer hitting the mark by solely navigating with financial acumen – they need strategic …

AppointmentsLeadershipSpring 2023 Issue

In Conversation with Brett Mooney, AMEX Canada CEO

INTERVIEW: In Conversation with Brett Mooney, CEO, American Express Canada Q: Your appointment to CEO is marking your return to Amex after close to ten years. What made you want to return to Amex now? I spent the first 13 years of my career at American Express, and it’s a …

FinTechIndustry TrendsMarket Research

Canadian finance teams are under pressure to deliver accurate real-time insights, finds new Sage report

New report examines challenges finance leaders are currently facing and how they are adapting to drive growth and efficiencies ● The report found that 60 percent of financial leaders in Canada said time spent on tedious manual processes inhibits their work on strategic projects ● Financial teams are under increased …

Corporate PartnershipsPayments

Ascendant Announces New Strategic Business Investment from Battery Ventures

Battery Ventures agrees to become primary investor in Ascendant to accelerate growth and drive product innovation TORONTO, ON–Ascendant, an international provider of cross-border business payment solutions and a financial technology company, today announced that Battery Ventures, a global, technology-focused investment firm, has agreed to make a significant investment in the …