PYMNTS-MonitorEdge-May-2024

canada

Nuvei Gets Regulatory Blessing to Go Private
Nuvei Gets Regulatory Blessing to Go Private
November 13, 2024  |  Acquisitions

Canadian FinTech Nuvei is expected to become a private company by the end of the week. The company received all the regulatory approvals it needs...

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Mastercard Acquires Subscription Management Service Minna
Mastercard Acquires Subscription Management Service Minna
October 01, 2024  |  Acquisitions

Mastercard agreed to acquire subscription management service Minna Technologies. The deal aims to ease the frustration consumers feel when dealing with subscription services, according to...

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Google, Sabre Debut Personalized Travel Tools; Local Destinations Launch AI Assistants
Google, Sabre Debut Personalized Travel Tools; Local Destinations Launch AI Assistants
September 24, 2024  |  Artificial Intelligence

The travel sector is experiencing a shift as artificial intelligence redefines everything from global booking platforms to local tourism initiatives. Google and Sabre’s AI innovations...

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Canada Shifts Focus From CBDCs to ‘Payments Landscape’
Canada Shifts Focus From CBDCs to ‘Payments Landscape’
September 23, 2024  |  CBDC

Canada’s experiment with the digital dollar is over, at least for now. The Bank of Canada announced recently that after years of exploring the idea of a...

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Mastercard Offers Grants and Mentorship to Women Entrepreneurs in Canada
Mastercard Offers Grants and Mentorship to Women Entrepreneurs in Canada
September 18, 2024  |  SMBs

Mastercard is inviting women entrepreneurs in Canada to apply to receive one of 10 $10,000 CAD ($7,396) grants and access to mentorship opportunities to help...

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Loop Raises $4.7 Million for Small Business Money Movement Service
Loop Raises $4.7 Million for Small Business Money Movement Service
September 17, 2024  |  Investments

Loop raised $6.4 million CAD ($4.7 million) to expand its financial management platform for small businesses. The funding comes on top of a $4 million...

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Paystand Expands Its B2B Payments Service to Canada
Paystand Expands Its B2B Payments Service to Canada
September 05, 2024  |  B2B Payments

Paystand says it is expanding its zero-fee B2B payments network to Canada. “While Paystand first introduced limited service in Canada in 2018, Canadian payers will...

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Scotiabank CEO Says Stake in KeyCorp Creates Future ‘Options’
Scotiabank CEO Says Stake in KeyCorp Creates Future ‘Options’
August 12, 2024  |  Acquisitions

Canadian bank Scotiabank plans to acquire a 14.9% stake in Cleveland-based KeyCorp, which operates about 1,000 KeyBank branches in 15 U.S. states and provides corporate...

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Float and Airwallex Partner on Bill Pay for Canadian Companies
Float and Airwallex Partner on Bill Pay for Canadian Companies
July 25, 2024  |  B2B Payments

Float, which offers a business finance platform for Canadian companies, has chosen Airwallex to power its new bill pay product. The new product enables fast...

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