Industry News

Building the Digital ID foundation

By Neil Butters The payments industry has already made significant progress helping Canadians adopt and embrace new technologies, such as contactless and digital payments. Now it’s time to apply what we’ve learned to the development of a truly digital ID that will help people unlock the full potential of the …

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Industry News

Bridging the cash and digital worlds

By Molly Shea The cash versus cashless debate has been well-argued for years now, with many people putting their eggs in one basket or the other: either making the case for a completely cashless society or arguing why physical currency is still valuable. While you probably carry less cash than …

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AP SystemsFinTechIndustry News

VersaFile now providing Hyland Accounts Payable Solutions to Western Canadian Market

VersaFile is now offering AP Solutions built on Hyland’s OnBase Platform that lower costs and streamline AP operations VANCOUVER, BC–BC-based enterprise content, process, and automation solutions provider, VersaFile, is now providing Accounts Payable Solutions built on the Hyland OnBase platform. Hyland Software partnered with VersaFile based on their expertise, core …

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Business BankingFinancial ResultsIndustry News

Desjardins Group records surplus earnings of $570 million for the third quarter

$106 million returned to members and the community LÉVIS, QC–For the quarter ended September 30, 2019, Desjardins Group, Canada’s leading financial cooperative group, recorded surplus earnings before member dividends of $570 million, unchanged from the same quarter of 2018. These results were driven by a strong performance in the caisse …

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Industry NewsIntegrated Payments

Sezzle, ‘Buy Now, Pay Later’ Payments Innovator, Invests in Canadian Marketplace

Sezzle will add payments, technology industry veteran Patrick Chan as General Manager for Canada, opening Toronto headquarters to serve the Canadian market MINNEAPOLIS and TORONTO, ON–Sezzle Inc., the highest consumer-rated interest-free installment payment solution, today announced a number of key investments aimed at positioning the company as the premier ‘buy …

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Canadian Equipment Finance Fall 2019 IssueIndustry NewsRegulatory Issues

The Future with CUSMA

By Brendan Read The Canada-United States-Mexico Agreement (CUSMA), also known as the USMCA will, when, (but increasingly looking like ‘if’) ratified, provide a renewed foundation for trade between all three countries. CUSMA is to replace the North American Free Trade Agreement (NAFTA). CUSMA was signed by Prime Minister Justin Trudeau, …

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Award WinnersFinTechIndustry News

Peter Brereton of Tecsys Inc. Named EY Entrepreneur Of The Year Quebec, Technology

Peter Brereton of Tecsys Inc. Named EY Entrepreneur Of The Year® 2019 Quebec for Technology MONTREAL, QC—Ernst & Young LLP has named Tecsys Inc. President and CEO Peter Brereton an Entrepreneur Of The Year® 2019 Quebec Award winner in the Technology category. Entrepreneur Of The Year® recognizes entrepreneurs who demonstrate …

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Financial ResultsIndustry News

TMX Group shares Equity Financing Statistics for October

TORONTO, ON–TMX Group announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for October 2019. TSX welcomed eight new issuers in October 2019, compared with 14 in both the previous month and in October 2018. The new listings were four exchange traded funds, two mining …

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Business BankingIndustry News

Alterna Bank debuts new website

OTTAWA–Alterna Bank has reached a milestone on its digital journey with the launch of its new website at www.alternabank.ca. This is yet another digital innovation from Alterna! The new website and the recently launched Alterna Bank mobile app use Forge, a digital banking platform designed by Central 1. “Our new …

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Industry News

BCG’s Centre for Canada’s Future Calls for Action on Diversity & Inclusion in Corporate Canada

Survey Findings Underline Criticality of Leadership Commitment at All Levels, Ally Culture, and Employee-centric Programs TORONTO–BCG’s Centre for Canada’s Future launched a new report today on diversity and inclusion (D&I) that examines the workplace experience of diverse employees in Canada. Beyond Good Intentions: Bringing an Employee Lens to Diversity & …

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