How Banking-as-a-Service (BaaS) Can Fuel the Future of International B2B Payments
By Thomas Anderson Digitalization has been central to banking since the introduction of ATMs in the late 1960s. It has led to a rapid change in the way customers want to interact with money or matters related to it. With accelerating digital transformation changing operational risks, there has been a …
In the Race for Customer Primacy it’s time for Traditional Banks to Win
By Fiona Roach Canning SMBs account for around one-fifth ($850 billion) of global banking revenues, with annual growth predicted to reach up to 10 percent over the next five years1. This is a critical revenue stream that banks can’t ignore. Customer expectations of digital services are being shaped by the …
QuadFi’s Borderless Financial Product a first for Global Immigrants to Drive Financial Inclusion
Development of cutting-edge technology helps QuadFi see month-over-month growth of more than 500 percent in credit portfolio TORONTO, ON–Toronto-based fintech company QuadFi, announces a breakthrough in its product offering: a new way to drive financial inclusion for all newcomers. With the development of cutting-edge AI models, QuadFi is empowering newcomers with access to …
Four Key Reasons The Future Of B2B Commerce Is Collaborative
By Nancy Sansom For too long, the B2B invoice to cash cycle has been a transactional and poor customer experience. An invoice is entered in a system and a payment is made on the other side, if you’re lucky. Throw in disputes, lost invoices, daily distractions, and more, and there …
Open Banking is A Gamechanger for Canadian Small to Mid-Size Businesses
As businesses gear up for growth – driving efficiencies and access to capital is critical by Stephen Hogg Never has the phrase ‘business as usual’ been more obsolete. Constantly evolving market dynamics, shifting consumer expectations, and heightened macro-economic pressures are creating new challenges and opportunities for Canada’s small to mid-size …
Filling the Gap: Scope of Canadian Anti-Money Laundering Laws Expanded
By Jack Franklin, Zain Rizvi and Gillian R. Stacey The Canadian federal government has fulfilled its promise to expand Canada’s anti-money laundering (AML) regime to cover crowdfunding platforms and certain payment service providers (PSPs) that previously operated outside the scope of the Proceeds of Crime (Money Laundering) and Terrorist Financing …
ELFA Report Forecasts 2022 Equipment Markets
The 32nd Annual What’s Hot/What’s Not: Equipment Market Forecast 2022 from the Equipment Leasing and Finance Association (ELFA) reveals industry perceptions of 15 equipment markets based on a survey of 85 ELFA members. The survey results point to construction, trucks/trailers, medical, machine tools and hi-tech/computers as the leading sectors for …
Top 10 Opportunities for Technology Companies in 2022
By Barak Ravid and Stephan van Rhee When we wrote about the top 10 opportunities for technology companies last year, social distancing was the world’s main weapon against the COVID-19 pandemic. Today, thanks to vaccines, we are able to control the pandemic better, but the volatility in the markets has …
How Will Soft Skills Give CFOs a Sharper Edge?
By Randall Tavierne Dealing with the unexpected is an occupational hazard for chief finance officers (CFOs) of private companies, but they have been sorely tested during the past year as the priority has moved to responding to the unprecedented health and economic impacts of the COVID-19 pandemic. Practical concerns — …
The Role of Finance Continues to Evolve
By Daniel Oh The roles of CFOs and controllers have been greatly transformed in recent years with the increased demand for accounting automation and the need to adapt to change. Today, their responsibilities could include corporate planning, strategy, and connecting the dots between financial and operational data to drive business …