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Frost & Sullivan experts present key trends and strategic recommendations for the global fintech market SANTA CLARA, CA–The COVID-19 pandemic has certainly upended the financial services industry (FSI), but the overall impact it has had around the globe – on people, businesses, and the economy – is massive. The FSI …

Fintech to launch first Canadian financing program for Samsung HVAC TORONTO, ON–Financeit, Canada’s leading point-of-sale (“POS”) financing provider in the home improvement sector, announced a new partnership with Samsung HVAC. Centered around providing Canadians with Better Commerce for Better Living, the FinTech market leader will offer its leading fintech solutions …

MONTREAL,QC–Fairstone Financial Inc., Canada’s leading provider of responsible lending solutions for near-prime borrowers, is now the exclusive provider of flexible point-of-sale (“POS”) financing to all Accent Home Furnishings stores. As part of its point-of-sale (POS) retail financing offer, Fairstone is providing Accent Home Furnishings customers with flexible financing options through …

VANCOUVER, BC–Younger adults and those who experience the fear of missing out (FOMO) are more likely to think social media is a good place to find investment opportunities, according to new research from the British Columbia Securities Commission (BCSC). In addition, many younger adults and people who have FOMO say …

Funding supports SheEO programs TORONTO, ON–BMO Bank of Montreal today deepened its commitment to women entrepreneurs and business owners with $1.2 million in funding provided to SheEO, a not-for-profit company which provides financial support to businesses led by women and non-binary people. This financial commitment will allow SheEO to fund …

LONDON, UK–Governments pushing ahead with increased online services run the risk of alienating large numbers of their citizens due to concerns around data privacy, according to How can digital government connect citizens without leaving the disconnected behind? a new EY survey of 12,100 respondents across 12 countries. Conducted by Ipsos …

Social isolation, increased online activities cited as contributing factors to vulnerability TORONTO, ON–According to a TD Bank survey for this year’s Fraud Prevention Month, more than half of Canadians polled feel vulnerable to financial fraud. Respondents point to social isolation and online behaviours such as sharing too much information on …

TORONTO, ON–The way that consumers shop, pay and bank is changing dramatically. Accelerated by the COVID-19 pandemic, consumers are adopting new digital habits at a faster pace than ever before. In the first two months of the pandemic alone, global ecommerce spending surged by USD $53 Billion and consumers came …

SASKATOON, SK–Westcap Mgt. Ltd. has made an investment in Rocky Mountain Equipment. The transaction was completed in syndication between Westcap MBO II Investment LP and Golden Opportunities Fund Inc., Saskatchewan’s longest-standing provincial Retail Venture Capital (RVC) Fund, both funds are managed by Westcap. RME is Canada’s largest independent agriculture equipment …

TORONTO, ON–Raymond James Ltd., the Canadian arm of North American investment dealer Raymond James Financial Inc., says Marwan Kubursi has expanded his area of responsibility and been named Managing Director and Head of Technology in addition to his role as Head of HealthCare. Kubursi will oversee the firm’s efforts assisting …