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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...

Montreal-based Amadis partners with Middle East financial solution provider

Montreal-based payment software solution provider Amadis is partnering with eMcREY, a Middle East financial solution provider allowing Saudi Arabian merchants to transform mobile devices...

Swoop Funding comes to Canada

Swoop Funding, an Irish-based financial services company, has officially launched in Canada. Swoop is looking to help Canadian SMEs discover the right funding solutions to...

Shopify Markets gets Avalara’s duty and import tax compliance technology 

Cloud-based tax compliance automation firm Avalara has announced that its cross-border compliance capabilities will be used in the duty and import tax feature of Shopify’s end-to-end cross-border solution, Shopify Markets. 

Payfare partners with Wise to offer international money transfer solutions to North American gig workers

Payfare partners with Wise to bring international money transfer capabilities to Payfare’s digital banking app in 2022

Sage acquires U.K.-based proposal management software provider

Cloud business management solutions firm Sage has acquired GoProposal, a U.K.-based provider of proposal management software for small and mid-sized accountancy firms. Founded in 2016,...

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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,...