Editor

LendingArch incorporates Artificial Intelligence to aid in customer service and business management CALGARY, AB–LendingArch, Canada’s fastest growing rate comparison platform, announced today the investment into Artificial Intelligence to boost its productivity, efficiency and aid in the scalability of its business operations in North America. “We stay in touch with market …

A Canadian banking first: solution speeds up the bill payment process, helps eliminate late bill payments TORONTO, ON–BMO QuickPay is a new automated way for customers to pay their bills without needing to log into online or mobile banking. BMO QuickPay provides everyday banking customers with a frictionless way to …

Canadian-owned chain selects Blackhawk for its award-winning B2B and B2C eCommerce Solution TORONTO, ON–The Keg Steakhouse + Bar has partnered with branded payments provider Blackhawk Network Canada to lead the chain’s digital gift card sales with its gift card ecommerce solution. Blackhawk’s end-to-end platform and managed services will help grow …

New board structure to promote industry innovation, standards, and policy initiatives TORONTO, ON–The Canadian Lenders Association (CLA) today announced Neil Wechsler, CEO of leading online small business lender, OnDeck Canada, as the new Chair of the CLA’s Board of Directors. Neil’s appointment comes with a renewed vision to ensure the …

TORONTO, ON—Securities regulatory authorities in Ontario, British Columbia, Quebec, New Brunswick, Saskatchewan, Manitoba and Nova Scotia (the participating jurisdictions) today published guidance to help cannabis issuers strengthen their governance disclosures, including disclosure of financial interests in significant corporate transactions. The cannabis industry has experienced significant growth, along with merger and …

TORONTO, ON–Chesswood Group Limited announced results for the third quarter and nine-months ended September 30, 2019. Through three wholly-owned subsidiaries in the U.S. and Canada, Chesswood Group Limited is North America’s only publicly-traded commercial equipment finance company focused on small and medium-sized businesses. The third quarter was an exceptionally busy …

Will accelerate store expansion, online platform while repositioning retail footprint with a heavy investment focus in Quebec MONTREAL, QC–Alston Investments Inc., a new company formed by a group of Canadian investors with significant retail experience, today announced it has offered to acquire via an Asset Purchase Agreement a substantial portion …

By Travis Melchior A cautious approach to technology is understandable. You don’t want to risk-sensitive customer information falling into the wrong hands simply because you jumped onto a new trend too soon. Security is a major concern for both small and large lessors alike. Before embracing new technology, it’s understandable …

By Brendan Read Data is money. It can be used to sell, cross-sell and upsell, like for equipment, add-ons, repairs, service plans and lease renewals. Data also can be sold to third parties. The growing popularity of the Internet of Things (IoT), which collects vast quantities of valuable data from …

By Brendan Read Traditional ownership of assets and financing for notably automotive, office equipment, healthcare and agricultural products may soon become obsolete, tossed into the recycling bin. In its place will be product-as-a-service, or pay-per-use assets, also known as servitization. Servitization is an alloy of changing customer preferences to an …