Global financial platform Loop launched a corporate credit card solution for Canadian small- to medium-sized businesses (SMBs) that manage cross-border purchasing. Launched in collaboration with EQ Bank, the Loop Global Visa Card enables these SMBs to spend and settle credit balances in multiple currencies, the...
The Royal Bank of Canada (RBC) launched an online, multicurrency international trading offering. RBC Direct Investing provides the service, making it the only bank-owned online brokerage in Canada to offer this capability, according to a Thursday (Dec. 5) press release. “All our self-directed investors already...
Canada’s Competition Bureau has sued Google, alleging anti-competitive conduct in the country’s online advertising market. The bureau alleges that the tech giant abuses its dominant position in the market with policies that lock market participants into using its ad tech tools, the Bureau said in a Thursday...
RealDesk.ai and Zum Rails have partnered to enable Canadian real estate brokerages to use one solution to power the entire transaction lifecycle, from lead to close. With this collaboration, Zum Rails’ payment processing will be added to RealDesk’s real estate management platform, the companies said...
December 20, 2022
Checks remain a key B2B payment method in Canada, but commercial cards are changing that. A driving force behind this is the partnership of New York-based Boost Payment Solutions and Toronto-based payment processor Moneris, as the latter is bringing more of Boost’s commercial card and straight-through processing (STP) capabilities to Canadian businesses. In a recent […]
June 25, 2021
“Consumers want flexibility in terms of how they want to pay,” Visa Canada Vice President and Head of Product and Digital Brian Weiner told Karen Webster. “They don’t want to...
March 04, 2021
Payment facilitators (PayFacs) could do with some northern exposure. In an interview with PYMNTS, Marcus Dagenais, president, Canada, at payment processor Payroc, said that expanding into Canadian markets can boost...
June 17, 2020
The challenger bank space is having a bit of a moment. LendingClub is buying Radius Bank. Green Dot is using the bank it already owns to build a bank for...
December 11, 2024
Klarna says its pay later options are now available to Apple Pay users in Canada. The Swedish payments company announced the new integration Wednesday (Dec. 11), saying it was available online and in apps for iPhone/iPad users with iOS 18 and iPadOS 18 or later. According to a company news release, Klarna is the first […]
December 11, 2024
Global financial platform Loop launched a corporate credit card solution for Canadian small- to medium-sized businesses (SMBs) that manage cross-border purchasing. Launched in collaboration with EQ Bank, the Loop Global...
December 09, 2024
The Royal Bank of Canada (RBC) launched an online, multicurrency international trading offering. RBC Direct Investing provides the service, making it the only bank-owned online brokerage in Canada to offer...
November 29, 2024
Canada’s Competition Bureau has sued Google, alleging anti-competitive conduct in the country’s online advertising market. The bureau alleges that the tech giant abuses its dominant position in the market with policies that...
