Winter 2021 Issue

Legacy Banking Needs to Change Its Tune

An Interview with Sudipta Kumar Ghosh By Kathryn Atkins Sudipta Kumar Ghosh is an experienced technology and product executive in banking and financial services who focuses on implementing solutions aligned with digital and mobile-first growth strategies to deliver exceptional customer experiences. During his twelve years of involvement in this sector, …

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Winter 2021 Issue

How the Pandemic is Reshaping the Future of Financial Services

By Andrew Eppich The COVID-19 pandemic has forced businesses across Canada to digitally transform. According to Equinix’s Global Tech Trends Study, nearly half — 46 percent — of digital leaders in Canada have accelerated their digital transformation plans as a result of COVID-19. That includes the financial services industry, which …

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Winter 2021 Issue

Unattended Payments with the User in Mind

By Peter Alcock Have you ever walked up to a self-service terminal like a parking pay station or self-checkout retail store, and been both puzzled and embarrassed because you don’t know what to do? You’re absolutely not alone! It seems like the more text instructions, or the more icons and …

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Winter 2021 Issue

Banking the Unbanked Markets

By Michael Penner Over the last decade the global payments industry has seen tremendous growth, providing increased convenience and opportunity to both businesses and consumers, but advancement does not always happen quickly or uniformly. In Canada, the total payments market grew to 22 billion transactions worth $9.9 trillion in 2019. …

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Winter 2021 Issue

Canadian Corporate Debt: Navigating the Risks Amidst the Economic Recovery

By James Orlando and Brett Saldarelli   Canadian nonfinancial corporate debt has reached new highs, spurred by low interest rates and the desire for firms to hold higher levels of cash. Debt is highly concentrated in specific industries, including real estate and construction. The high level of indebtedness in these …

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Lending

TerraZero Technologies Provides one of the First Ever ‘Metaverse Mortgages

Financing client’s virtual real estate purchase within the Metaverse, TerraZero’s one of the first ever VANCOUVER, BC– TerraZero Technologies Inc., a vertically integrated Metaverse technology company, announces that it has completed one of the first ever ‘Metaverse Mortgages’ with one of its clients in Ethereum-based Metaverse platform Decentraland (www.decentraland.org). TerraZero …

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Corporate PartnershipsPhilanthropy

GoTo, Finaro, Mastercard, together for more sustainable planet

Finaro joins the Priceless Planet Coalition program, promoted by Mastercard, to restore 100 million trees by 2025 MADRID, SP–GoTo Global, the world’s leading provider of multimodal mobility services, joins Finaro, the global cross-border payment provider, in the Priceless Planet Coalition, Mastercard’s global platform that brings together companies, banks, cities and …

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LendingPayments

Web Rep rebrands as TransSource

New name reflects the company’s evolution into an industry leading solutions provider in the high-risk merchant transaction processing space SAN JUAN, PR–Kevin Cunningham, president of The Web Rep LLC, an industry leader in payment processing solutions for the world’s premier high-risk merchants, announced the change of its corporate name to …

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Corporate PartnershipsLoyaltyPayments

Payfare, Cardlytics Partner to Launch Cash Back Rewards Program

Gig workers can now earn instant cash back with their Payfare cards TORONTO, ON–Payfare Inc., a leading fintech powering instant payout and digital banking solutions for the gig workforce, have created a new rewards program powered by Cardlytics. Payfare cardholders can now earn cash back when they shop thousands of …

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Award Winners

Sage announces 2021 winners of 3rd annual Circle of Excellence Accounting Awards

Annual industry awards recognize the best accounting and bookkeeping professionals in Canada TORONTO, ON–Sage, the market leader in cloud business management solutions, announced the 2021 Sage Circle of Excellence Accounting Awards winners. Over the past 20 months, many businesses have shifted to serving their clients virtually and in new ways. …

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