Editor

Enabling touchless commerce protects the safety of merchants and customers during the onset and aftermath of COVID-19 PHILADELPHIA, PA–FreedomPay, the world’s leading consumer-centric commerce platform announces its Touchless Commerce program, ensuring the safety of merchants and customers globally. Whether in a restaurant, airport, convenience store, retail outlet or hotel, enabling …

          By John Ingold (left) and Michael Moerman, Capco Canada’s highly concentrated financial services market is dominated by the top 11: Six Domestic Systematically Important Banks (D-SIBs), one large foreign bank, one large regional co-operative, and three large life insurance entities. The fear for many is …

Pandemic driven shift to digital channels accelerating mobile verification in Canada, helping prevent fraud TORONTO, ON–EnStream, Canada’s provider of mobile verification services, has seen a significant lift in transaction volume due to the increase in digital traffic during the Covid-19 pandemic. Institutions using EnStream’s services can, with an individual’s consent, …

Merchant Mastery is a free resource retailers can turn to for guidance and advice EDMONTON, AB–The eCommerce industry is booming right now, and many retailers are looking for guidance on how to refocus their strategies online. Merchant Mastery — a Facebook group open to online retailers and brick and mortar …

“Issuing premium credits is the fastest way to give group customers immediate relief”: Macoun WINNIPEG, MB–The Canada Life Assurance Company is cutting group health insurance premiums for its employer-sponsored group benefits plans to support Canadians and small- and medium-sized businesses facing hardship as a result of the global COVID-19 outbreak. …

To help with the impact of COVID-19 on businesses in North America; offer aims to help fleet owners establish remote fleet management operations and comply with guidelines TORONTO, ON–Fleet Complete, the fastest-growing global provider of connected vehicle solutions, today announced its fleet assistance program with free service until July 31, …

TORONTO, ON–BMO Financial Group eleased an in-depth report on the long-term global structural shifts accelerated by the COVID-19 pandemic and current economic crisis. “We’re in the midst of one of the most significant social and economic challenges we’ve ever faced, where we must – now and in the coming months …

TORONTO, ON–The Ontario Securities Commission (OSC) is providing temporary relief to market participants by waiving all late fees that accumulate between April 17, 2020 and June 1, 2020. This is estimated to result in over $300,000 of relief to issuers, registrants and insiders during the relief period. “The current pandemic …

MONTREAL, QC–As part of a Team Canada response to the COVID-19 crisis, the Government of Canada, through BDC, Canada’s bank for entrepreneurs, and Export Development Canada (EDC) will make available additional financial capacity to help support Canada’s oil and gas sector. The commercial support, being developed by BDC and EDC, …

The EDC BCAP Guarantee fee of 1.8% will be deferred for clients for the first six months TORONTO, ON–RBC announced the launch of the Government of Canada’s Export Development Canada (EDC) Business Credit Availability Program (BCAP). The EDC BCAP provides eligible mid-sized and large RBC business clients with a loan …