Oh, Canada, Open Banking and finTech innovation? No frozen landscape there, if regulators look toward a recent study of competition (and cooperation) across payments stakeholders. Plus, bitcoin gets no credit while the CFPB scores a point on the (make the in the) courts.
Amazon is now on the hook to pay a $1.1 million fine to Canada’s Competition Bureau. The fine is part of a punishment slapped against the retail giant for misleading consumers with erroneous prices on its Canadian website, www.amazon.ca. The Competition Bureau, an independent law...
February 12, 2018
It took a while but the new Interac debuted earlier this month, bringing together two companies and disparate functions across payments, from transactions to R&D. Interac CEO Mark O’Connell lays out the roadmap for his (new) firm for PYMNTS’ Karen Webster, a straight and narrow path after a long and winding road.
