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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Industry News

Moneris acquires UEAT to broaden unified commerce solutions for restaurant businesses across Canada

TORONTO, ON–Moneris Solutions Corporation, a Canadian leader in unified commerce, announced it has completed the acquisition of UEAT, a provider of innovative online ordering solutions for restaurateurs. The relationship originally started as a partnership where Moneris was the preferred payment processor for UEAT’s customers in Canada providing a unified commerce …

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Financial InstitutionsIndustry News

Global initiative furthers banks’ efforts to help address climate change by aligning financing activities with net-zero emissions by 2050

TORONTO, ON–Ahead of the United Nations Climate Change Conference (COP26) in Glasgow, six of Canada’s largest banks – BMO, CIBC, National Bank of Canada, RBC, Scotiabank, and TD – together announced their pledge to join the Net-Zero Banking Alliance (NZBA) as part of a global, industry-led initiative to accelerate and …

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FinTechMergers & Acquisitions

Sage announces acquisition of GoProposal to help accountants accelerate practice management in the cloud

Acquisition is the fourth recent investment by Sage into cloud-based fintech companies targeting the SMB market TORONTO, ON–Sage, the market leader in cloud business management solutions, has acquired GoProposal, a UK-based provider of proposal management software for small and mid-sized accountancy firms. This acquisition – the fourth fintech investment by …

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FinTechMergers & AcquisitionsWealth Management

Ontario Teachers’ agrees to acquire HomeEquity Bank

TORONTO, ON– Ontario Teachers’ Pension Plan Board has agreed to acquire HomeQ Corporation, the parent company of HomeEquity Bank, from Birch Hill Equity Partners Management Inc.  and the other minority shareholders of HomeQ. The completion of the acquisition is subject to receipt of required regulatory approvals, which the parties expect to …

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