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BMO to focus on closing tech talent gap by attracting diverse candidates from across Canada

BMO Financial Group (BMO) is committing to focus on recruiting and onboarding tech professionals from diverse backgrounds to close its tech talent gap, and to...

Coffee Briefing August 2, 2022- Mastercard launches Changeworks; Zoho celebrates growth and expansion; Trending tech skills in Canada; and more

Coffee Briefings are timely deliveries of the latest ITWC headlines, interviews, and podcasts. Today’s Coffee Briefing is delivered by IT World Canada’s editorial team! Missed last week’s Coffee...

RBC announces partnerships to provide clients with increased security and control over their financial data

RBC has announced partnership agreements with both Plaid and Envestnet | Yodlee as it looks to provide clients with better access, and control, and to allow them to securely...

Coffee Briefing June 21 , 2022 – SAS’s Batting Lab; Sage rolls out new platforms; Telus acquires LifeWorks; and more

Coffee Briefings are timely deliveries of the latest ITWC headlines, interviews, and podcasts. Today’s Coffee Briefing is delivered by IT World Canada’s editorial team!

Canadians’ satisfaction with their banks and credit cards apps declining, study reveals

A series of studies by J.D. Power among bank and credit card mobile app and online users conducted in Canada revealed that a combination of increased financial stress...

Versapay study reveals alarming gaps in AR automation efforts

As many as three in four executives have concerns about how their accounts receivable (AR) department is functioning from the perspective of its focus...

Toronto based company is lowering the barriers to financial access for startups and established businesses

A Toronto-based business-to-business (B2B) company is the country’s first no-personal-guarantee corporate card and spend management platform. Launched in March 2021, Float is digitizing corporate spend...

American Express partners with Versapay, providing an efficient payment experience for suppliers and buyers

American Express and Versapay have announced a new partnership to provide suppliers who use the functionality of American Express virtual cards with access to...

Versapay acquires fintech company DadeSystems

Versapay, a collaborative accounts receivable software company, has acquired DadeSystems, a U.S.-based fintech company. This acquisition enhances Versapay’s suite of accounts receivable (AR) automation solutions...

Payments Canada and TCS partner to implement modernized payments system for Canadians

Tata Consultancy Services (TCS) and Payments Canada are partnering to help implement the Payments Canada Real-Time Rail (RTR) system, allowing Canadians to initiate payments...

Buy now, pay later technology continues to boom in 2022

Buy now, pay later (BNPL) technology is continuing to increase in popularity, with the payment option expected to grow by 63.5 per cent on...

Stolen Canadian payment card info as cheap as fancy lattes

A new report from NordVPN found that stolen Canadian payment card information costs, on average, just C$6.50 on black markets, cheaper than some fancy...

Montreal-based bitcoin tech company announces Series A funding

Montreal-based bitcoin technology company Shakepay has received a C$44 million Series A investment, at a total company valuation of C$313 million. The company allows...

Canadian fintech firm FundThrough acquires invoice factoring business of U.S. financial services provider BlueVine

Canadian financial technology platform firm FundThrough has acquired the invoice factoring business of U.S.-based financial technology company BlueVine. 

Mastercard releases The Rise of Open Banking report

Mastercard’s The Rise of Open Banking report reveals that open banking is allowing people to have control over their personal data while still extracting...

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Major Canadian insurer riding the digital wave

The insurance industry has always traditionally been slow to adopt digital technologies. But with customers now demanding the kinds of services and tools being...

Canada’s leading digital bank moving boldly into digital future

For many organizations that came into being before the birth of the Internet, “digital” was something they had to learn to be. Tangerine Bank,...