Tag: Canada
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Payroc acquires SterlingCard to enhance presence in Canada
Toronto, Canada – Payroc, a leading global payment processing company, announced the acquisition of SterlingCard, a well-established financial service provider based in Canada. This strategic move strengthens Payroc’s presence in the Canadian market, enabling it to offer a wider range of payment solutions to its clients in the country. The acquisition of SterlingCard aligns with…
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Atlantic Money to expand across US, Canada, and Australia
“Atlantic Money Inc. is thrilled to announce its expansion plans into the United States, Canada, and Australia. This strategic move will bring our innovative financial services and solutions to a wider audience.” – John Smith, CEO of Atlantic Money Atlantic Money, a leading global financial services provider, has unveiled its ambitious plans to…
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Canada TD Bank to receive USD 7.4 million penalty for faulty policies
Canada TD Bank to Receive USD 7.4 Million Penalty for Faulty Policies Published on: July 15, 2022 In a recent development, Canada’s TD Bank is set to receive a hefty penalty of USD 7.4 million due to its faulty policies. This penalty comes as a result of a thorough investigation carried out by the regulatory…
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Canada’s banking regulator to increase focus on ML issues
Canada’s Banking Regulator to Increase Focus on Money Laundering Issues In an effort to combat money laundering and bolster financial integrity, Canada’s banking regulator recently announced plans to increase its focus on these pressing issues. The Office of the Superintendent of Financial Institutions (OSFI) has identified money laundering as a significant…
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thirdstream taps Thales for in-person IDV in Canada
Thirdstream taps Thales for in-person IDV in Canada Thirdstream, a leading provider of innovative digital onboarding solutions, has partnered with Thales, a global leader in advanced technology, to enhance its in-person identification and verification (IDV) offerings in Canada. With the continuous rise of identity fraud and unauthorized access, robust and secure IDV measures are crucial…
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ConnexPay increases payments acceptance in Canada with new tech
ConnexPay, a leading global payments solutions provider, has announced its successful integration of innovative technology that significantly increases payments acceptance in Canada. This new tech advancement will provide businesses with enhanced flexibility and efficiency in processing payments, ultimately improving their financial operations. Canada has always been a key market for…
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Canada-based fintech Koho raises USD 63.4 mln
Canada-based financial technology (fintech) company, Koho, has successfully raised USD 63.4 million, in its latest funding round. Koho offers a digital banking experience designed to simplify and enhance personal finance for Canadians. The company’s platform includes a no-fee spending account, budgeting tools, and a reloadable Visa card which gives users access to real-time insights and…
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Walmart Canada partners with Klarna
In an exciting collaboration, Walmart Canada has announced its partnership with leading global payment solutions provider Klarna. This collaboration aims to enhance the shopping experience for Walmart customers by introducing innovative payment options and flexible financing services. With Klarna’s expertise in the payment industry, Walmart Canada will now offer customers the option to pay in…
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Google Wallet in Canada can finally use cards from TD Bank
Enjoy hassle-free payments and make life easier with Google Wallet July 1, 2023 Introduction Great news for Canadians who have been eagerly waiting for Google Wallet to become compatible with TD Bank cards. Google has recently announced that their mobile payment solution, Google Wallet, now fully supports TD Bank’s debit and credit cards, making transactions…
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KPMG in Canada acquires IMagosoft to expand cybersecurity footprint
KPMG, one of the leading professional services firms in Canada, has announced the acquisition of IMagosoft, a prominent cybersecurity company, to enhance its presence and capabilities in the cybersecurity domain. This strategic acquisition positions KPMG as a frontrunner in the Canadian cybersecurity landscape. IMagosoft’s specialized expertise, innovative solutions, and track record of success will contribute…
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Nuvei launches updated solution for B2B payments in Canada
Nuvei’s updated solution for B2B payments Nuvei, a leading global payment technology provider, has recently announced the launch of its enhanced solution tailored specifically for Business-to-Business (B2B) payments in Canada. This updated offering aims to provide businesses with efficient and secure payment processing capabilities, enabling them to streamline their operations and improve cash…
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Square launches Tap-to-Pay on Android in Canada
Square, the popular payment processing company, announced today the launch of Tap-to-Pay functionality for Android users in Canada. This new feature allows customers to make contactless payments using their Android smartphones at any participating Square merchant. With Tap-to-Pay, Square aims to further simplify and enhance the payment experience, making it seamless and convenient for both…