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Royal Bank of Canada (RBC) has completed the acquisition of HSBC Bank Canada in a bid to expand the country’s international banking capabilities.
acquisition, merger, banks, financial services
Digital wealth and payments business Mogo has announced a change to its treasury management strategy to include Bitcoin and Bitcoin ETFs.
cryptocurrency, treasury, digital assets, payments
US-based payment processing platform Payroc has acquired SterlingCard Payment Solutions to provide augmented card-present solutions in the Canadian market.
acquisition, ACH, payment processing, ISO, expansion
RevoluPAY has completed live testing trials of ACH in Canada and the US, FPS – Faster Payments Service in the UK, and SEPA Instant – Single Euro Payments Area in 27 countries.
banking license, ACH, SEPA, Open Banking, banks
Identity solutions company HID Global has acquired GuardRFID, a provider of real-time location services in the healthcare space, to create a safer experience for patients and staff.
acquisition, digital identity, identity verification, expansion, IOT
Canada-based TransLink has announced that customers can pay for transit using Interac Debit on every bus and fare gate throughout Metro Vancouver.
contactless payments, digital wallet, credit card, debit card, mobile payments
Canada-based digital identity company Trulioo has updated its coverage across Latin America, expanding access to the Dominican Republic and Uruguay and strengthening data sources in Colombia and Mexico.
expansion, fintech, digital identity, KYC, KYB, AML
Canada-based electronic identity and address verification company, Trulioo, has announced their expansion to Singapore.
expansion, identity verification, digital verification, cybersecurity, fraud prevention
Mastercard has rolled out its Experience Centre where international tech communities are invited to collaborate on cybersecurity innovation.
cybersecurity, fraud prevention, fraud detection, product launch, artificial intelligence, IOT
Our interview with Stephen Lazenby, VP Product Management at INETCO, reveals how to stay ahead of fraudsters without losing customers or revenue
fraud management, fraud detection, online fraud, false positive, online payments, two-factor authentication, online authentication, merchant, payment fraud
WonderFi Technologies has planned to buy Canada-based crypto trading platform Coinberry for USD 30.6 million, according to CoinDesk.
acquisition, cryptocurrency exchange, cryptocurrency
Stephen Lazenby from INETCO tackles the challenges faced by the latest AML regulations and technologies and suggests a new approach for financial institutions to improve their resilience to modern financial crimes
AML, money laundering, financial crime, cybercrime, FIS, online security
Metro Vancouver’s public transportation system, TransLink has announced it will integrate Canada-based interbank method Interac Debit to offer customers more contactless payment options.
product upgrade, online payments, mobile payments, Tap-to-Pay, contactless payments, e-wallet, prepaid card
Gap, a US-based fashion retailer, has launched Buy Online, Pick-up in Store (BOPIS) for three of its brands in Canada.
BOPIS, online payments, ecommerce, retail
partnership, cross-border payments, financial services
RevoluGROUP Canada has announced that it has retained the Vancouver, BC Law firm Tupper, Jonsson & Yeadon to assist in the preparation of a license application to FINTRAC.
Revolugroup, FINTRAC, Canada, RevoluPAY, PSD2, Open Banking
Visa, launch, contactless payments, public transport, cards, Cubic Transportation Systems, London, Miami, New York, Sydney, Vancouver, Tap-to-Pay, Brussels, Bratislava, Bucharest, Hong Kong, Santo Domingo, Turin, COVID-19, Europe, US, contactless card, mobile wallet, fingerprint security
Global payables automation solution Tipalti has unveiled that it will be opening offices in Vancouver, Canada.
Tipalti, North America, expansion, Canada, funding, sales
Zac Cohen, general manager at Trulioo, explains how digital identity verification serves the dual goals of security and speed
onboarding, customer experience, Trulioo, banking, identity verification
Sleep Country and SnapPay have launched a pilot programme aimed to help Chinese consumers to pay with Alipay and WeChat Pay in selected locations from Canada.
Sleep Country, SnapPay, China, mobile payments