Fall 2021 Issue

Futurpreneur’s Black Entrepreneur Startup Program Opens New Doors

Futurpreneur has been celebrating the early success of its Black Entrepreneur Startup Program (BESP), which has provided critical financing, mentorship and business resources to Canada’s Black entrepreneurs during its first six months of operation. The program, which is a funding collaboration with Royal Bank of Canada (RBC) with additional loan …

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Fall 2021 Issue

Are You Losing Out on Potential Funding?

By Trevor Chew Has your organization ever received a refund from its group benefits plan? If not, then you may be losing out on potential funding. If you only claimed 75 percent of what was paid towards group health benefits and the benefits provider kept 25 percent, would this represent …

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Fall 2021 IssuePhilanthropyTrends

How Foreign Currency Supports Charity

By Dennis Ullman and Scott Hutchings It is estimated that over $2 Billion in foreign currency is currently stored or saved in Canadian homes and businesses. This currency has no use or real value in Canada. As a result, foreign currency (notes and coins), pennies, and loose change are found …

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FinTechIndustry News

Sage partners with Zapier to elevate the work of SMBs with the power of automation

Unlocking new ways to automate workflows and save an average of 10 hours per week on manual, repetitive tasks TORONTO, ON–Sage, the market leader in cloud business management solutions, announced the availability of Zapier, the workflow automation platform for business, on the Sage Marketplace in Canada, US, UK and Ireland. …

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Cybersecurity

The three horsemen of cyber risks: misinformation, disinformation, and fake news

Insights from Pythagoras N. Petratos The risks associated with misleading information can have a profoundly negative impact. A study aims to provide recommendations on responding to the new digital age challenges. Misleading information has emerged as one of the leading cyber risks in our society, affecting political leaders, nations, and …

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Industry Trends

Canadian SMBs weathered COVID disruptions, but struggling to meet workers’ new demands, new Sage study finds

Two in five companies have shifted priorities in the last six months to drive growth and innovation, but find it challenging to hire and mitigate employee burnout TORONTO, ON–Sage, the market leader in cloud business management solutions, partnered with the Angus Reid Group for a newly commissioned report, Forward Together: …

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Consumer BankingFinTech

Banking the Unbanked Markets

Fintech Taking the Driver Seat to the Unbanked, Contrasting Financial Landscapes 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 …

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BNPLPaymentsRetail

Browns Shoes partners with PayBright, online and in-store

TORONTO, ON—-PayBright, one of Canada’s leading providers of installment payment plans, today announced its partnership with celebrated Canadian shoe retailer Browns. Now, Canadians shopping online at brownshoes.com and at Browns stores nationwide have the option to pay over time in 4 interest-free, biweekly installments. Buy now, pay later (BNPL) services …

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BNPLIntegrated Payments

Visa Expands ‘Buy Now, Pay Later’ Solution in Canada with Moneris

Moneris to roll out Visa Installments to its merchant customers, adding scale, brand trust and convenience to popular financing option TORONTO, ON–Consumer demand is growing quickly for buy now, pay later (BNPL) solutions offered by financial institutions which are underpinned by global payment technology leaders like Visa. A recent Visa …

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Industry News

BDC Named Best in SME Digital Banking in the World’s Best Digital Bank Awards

MONTREAL, QC – BDC, the bank for Canadian entrepreneurs, has been recognized by Global Finance as the Best in SME Digital Banking in North America for the 2021 World’s Best Digital Corporate/Institutional Bank Awards. BDC supports more than 72,000 business owners across Canada. In an increasingly digital world, BDC began …

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