Fleet ManagementIndustry News

Predictiv AI, inField Solutions Partner to Sell Alert Fleet

TORONTO, ON–Predictiv AI Inc. and inField Solutions have partnered to expand the marketing and sales of Alert Fleet. Alert Fleet is a telematics platform that generates hyperlocal, advanced road weather data, which instantaneously provides real-time hazardous road condition alerts. InField Solutions has a well-established and robust client base in the …

Industry News

Research Study Reveals Major Shift Online for Canadian Financial Industry

TORONTO, ON–The FinTech lending industry in Canada continued to evolve this year in a number of significant ways. While many of these changes were initiated by the pandemic, others continue along trends that have been developing over a number of years. According to Smarter Loans’ State of Fintech Lending in …

Financial AnalyticsFinancial InstitutionsIndustry NewsIndustry Trends

Brilliance Financial Technology Launches DPX

NEW YORK, NY–Brilliance Financial Technology has released DPX, an integrated solution that combines pricing, rates and product and profitability management. DPX gives banks new capabilities to grow profits in real time with the following: –Pricing management, with artificial intelligence and machine learning technology that helps banks structure and price deals …

Industry NewsLending

RateHub Moves Into Mortgage Lending

TORONTO, ON–Ratehub Inc. has launched its own Canada Mortgage and Housing Corporation (CMHC) approved lender under CanWise Financial. The move supports Ratehub’s vision of becoming the best digital mortgage company for Canadian consumers. As a lender, Ratehub will have the ability to work with more financial institutions, not just the …

Industry News

Provenir Integrates With CredoLab, Kompli-Global, Ekata

PARSIPPANY, NJ—Provenir has new data integration partnerships with alternative scoring provider CredoLab and data vendors Kompli-Global, and Ekata. The partnerships empower financial services organizations to rapidly incorporate KYC, fraud, identity and credit risk data into decisioning processes using the prebuilt integrations within Provenir’s low-code user interface. “Our partnerships with CredoLab, …

FinTechIndustry News

Visa Expands FinTech Fast Track Program

SAN FRANCISCO, CA–The COVID-19 pandemic has created major financial challenges for businesses and consumers alike. As money management becomes increasingly digital, FinTechs play a pivotal role in helping to restore and rebuild the global economy. To provide increased support for the ecosystem, Visa has added two new components to its …

Equipment FinanceIndustry NewsIndustry Trends

Confidence Increases in U.S. Equipment Finance Industry: Foundation

WASHINGTON, DC–There is growing cautious optimism in the future of the American equipment finance market, once the contentious U.S. election is sorted out but amidst the COVID-19 pandemic. The Equipment Leasing & Finance Foundation (the Foundation) has released the November 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI), …

Equipment FinanceIndustry NewsTransportation

White Clarke Group Launches Customer Direct Finance Application Portal

LONDON, UK–White Clarke Group has launched a new version of the CALMS Customer Direct module, developed to support finance companies in the process of digitalizing their online finance services. The module simplifies and automates the end-to-end finance application journey, from initial finance calculations and data capture, identity verification and credit …

Industry NewsPayments

Electronic Payments Surge, Cheque, Cash Retreat: Payments Canada Report

OTTAWA, ON–Evolving technology and payments innovation continues to transform the way Canadian consumers and businesses make payments, according to new data from Payments Canada’s just-released annual Canadian Payments: Methods and Trends report. In pursuit of more convenient, faster and secure payment experiences, Canadians continue to adopt new and evolving digital …

FinTechIndustry NewsMergers & Acquisitions

Mogo To Acquire Carta, Expand into Global B2B FinTech Market

VANCOUVER, BC–Mogo will be acquiring Carta Worldwide in an all-stock transaction that promises to accelerate Mogo’s transformation from a company that has been focused on consumer-empowering applications to a broader digital wallet and business-to-business (B2B) payments technology enterprise. The combination will create one of Canada’s largest vertically integrated FinTech companies …