Mastercard has formed a partnership with the Bank of Montreal (BMO) and the credit and debit card processing service Moneris Solutions, both of which have joined the Mastercard Track Business Payment Service. The tool, set to become available to business customers in Canada early this...
The U.S. remains behind the curve when it comes to open banking initiatives, compared to some more advanced markets like the U.K. In this week’s bank-FinTech collaboration roundup, PYMNTS zeroes in on Canada, the U.K. and Germany, where industry collaboration continues to drive the corporate...
In the commercial card arena, initiatives from FinTechs are often introduced in an effort to drive up adoption. But this week’s Commercial Card Innovation Tracker instead finds corporate card firms introducing new functionality and embracing collaboration as a result of accelerating use of card payments....
Fraud technology firm Kount is collaborating with payment processor Moneris Solutions, the companies said Monday (Jan. 15), to link enterprise customers to payment fraud protection services. Canada-based Moneris, the nation’s largest debit and card payment processor, said it will use Kount technology to address the...
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 […]
January 13, 2022
Mastercard has formed a partnership with the Bank of Montreal (BMO) and the credit and debit card processing service Moneris Solutions, both of which have joined the Mastercard Track Business Payment Service. The tool, set to become available to business customers in Canada early this year, is “designed to help buyer and supplier partners tackle […]
November 11, 2016
Vantiv, the second largest payment processing solution company in the U.S., has plans to buy Moneris Solutions USA for $425 million. Cincinnati-based Vantiv announced that the acquisition will further the...
February 25, 2016
Moneris Solutions said on Wednesday (Feb. 24) that, as one of the largest debit and credit card payments processors in North America, it has been accredited to begin self-certifying EMV...
August 31, 2015
Moneris Solutions, the payments processor based in Canada, said on Friday (Aug. 28) that it chose Razorfish to design and implement a strategy to create a digital platform to educate...
