Symend Infuses $40M in Growth Capital to Transform Customer Engagement with Behavioral Science
Funding supports growing demand for behavioral engagement technology CALGARY, AB–Symend, a leader in Behavioral Engagement Technology™, has raised more than US$40 million to further accelerate its growth and global market expansion. The company is on track to double the number of customers served for the third consecutive year and will …
Report Finds Fraud Costs up to 22.4% from Pre-Pandemic Levels
Annual LexisNexis Risk Solutions Report finds fraud is up across U.S. and Canadian financial services firms ATLANTA, GA–The findings of the 2022 LexisNexis True Cost of Fraud™ Study: Financial Services and Lending shows some disturbing trends. This sixth edition of the report examines current fraud trends for more than 500 …
Sage expands, powering new sectors and businesses
TORONTO, ON–Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses increased investment in Sage Intacct. Through a series of significant product updates and enhancements, more customers will be able to experience increased productivity and smoother business processes. Delivering against Sage’s ambition to become the …
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 …