Twelve Payment Predictions Which Might Change Your FinTech Strategy
By Simon Fairbairn With almost 40 years in the industry, the collective payments expertise of the Ingenico team is unparalleled. So, as the new year begins, Simon Fairbairn, Director of Solution Development at Ingenico Banks & Acquiring, considers 12 key payment predictions for 2020. 1. Fraudsters Innovate Too In 2019, …
Become an Intelligent Enterprise
Only a small percentage of Canadian businesses are leaders. Here are their insights. By Sam Masri Over the past half-decade Canada’s business leaders have been hearing the message loud and clear about the need to establish a digital transformation strategy. And to their credit, 85% of Canadian enterprises have now …
Why Turn to Digital Decisioning?
By Bill Waid Across industries companies are waking up to the fact that customer experience (CX) is the pillar on which their fortunes rest. Consumer expectations are on the rise as they demand highly personalized engagement and in real-time. Fortunately, there is an overwhelming amount of data available which can …
Making the Open Banking Transition
By Hamed Arbabi The rise of FinTech companies around the globe opened the Pandora’s box on the question of who owns the financial data and what will they do with it? The way that the current financial services ecosystem operates in Canada, and in most countries, other than notably the …
Why Connected Banking is the Future
By Raju Vegesna In 1994, in the heyday of Microsoft Windows PC, Bill Gates bragged that “banks are dinosaurs…we can bypass them”. With digital money increasingly found inside the smartphones of today’s consumer, it seems his 26-year-old prediction came true. Cash and traditional bank deposits are now competing with Big …
New Ways to Pay, New Security Approaches
By Paul Fabara As we begin a new decade, it seems fitting to reflect on changes our world has seen over the past 10 years. From how we consume media and the ubiquity of the smartphone, to the proliferating volume of data, offering opportunities for more personalized and seamless consumer …
Transitioning Online: How Small Businesses Navigate eCommerce
By Marta Rzeszowska In the next three years, worldwide retail ecommerce sales are expected to double, reaching $6.6 trillion and, according to BDC research, nearly half of all Canadian small and mid-sized businesses aren’t ready to capitalize. With no online presence, many small businesses are letting their competitors — large …
FreedomPay Introduces Touchless Commerce Program to Take Payments to the Safer Next Level
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 …
Cloud Computing: Darker Skies Ahead?
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
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, …