by Barbara Babati Treasury is developing at a rapid pace and like in other industries, the names of new emerging technologies are popping up here and there. It’s only natural though – for the last decade, we have been talking about digital transformation and treasury has truly embraced the idea of digitalizing and automating processes. Still today, the evolution of treasury continues. If someone was not yet sold on the idea of digitalization five years ago, now the development is happening at an accelerated pace: now, treasury teams are considering what processes need improvements. While some ..read more

By Hamed Arbabi, CEO, VoPay When speaking about the future of a cashless society, we have to acknowledge the role the COVID-19 pandemic played as a catalyst for digitization acceleration. All over the world, we have altered the way we work, travel, shop, and how businesses pay for goods and services. In fact, 50 per cent of consumers believe Canadian stores could become completely cashless in the next ten years – not surprising, considering Canadians already use cash 53 per cent less than pre-pandemic. Digital transformation is expanding globally and Canada is working to meet the expectations ..read more

by Michael Brooke ILIXIUM was founded in 2010 in the United Kingdom. It’s part of the Payen Group Company, an intelligent cross-border payment solutions business. Their core beliefs are Collaboration, Innovation and Process Simplification. ILIXIUM works hard to remove barriers, increase player acceptance and deposits, and help its customers grow into new international markets while meeting their compliance obligations. ILIXIUM provides customers with tailored consultancy, using decades of experience to minimize operational costs and maximize international growth. Their elegant and innovative d ..read more

The integration simplifies the account verification process via open APIs, creating a more secure and efficient customer experience LAKE MARY, FL–Finastra announced that Plaid, the leading open finance provider, is now integrated within Finastra’s Fusion Digital Banking platform. The partnership, delivered via Finastra’s FusionFabric.cloud open APIs, provides financial institutions of all sizes within the Finastra ecosystem with account verification tools, making it easier and more secure for consumers to link their account data from their main financial institution with external financial app ..read more

TORONTO, ON–Float, one of Canada’s fastest growing fintechs, announced the release of Float Cards 2.0, its next generation of corporate cards, providing Canadian businesses with more flexibility and control over managing team spending, all while reducing administrative headaches and the risk of fraud. Float’s newest corporate cards, available in both CAD and USD, now offer unique controls such as merchant and category restrictions, temporary spending limits, and one-time use cards. This new offering gives Canadian businesses more control and flexibility over company spending, with full financi ..read more

TORONTO, ON–Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses increased investment in Sage Intacct. Through a series of significant product updates and enhancements, more customers will be able to experience increased productivity and smoother business processes. Delivering against Sage’s ambition to become the trusted network for SMBs, the scale of Sage Intacct enables customers to automate processes, boost productivity and free up time to focus on running their businesses. “Over the past year we have continued to deliver on our commitment ..read more

Funding supports growing demand for behavioral engagement technology CALGARY, AB–Symend, a leader in Behavioral Engagement Technology,  has raised more than US$40 million to further accelerate its growth and global market expansion. The company is on track to double the number of customers served for the third consecutive year and will serve over 40 million consumers on behalf of North America’s largest companies this year. This round was led by Inovia Capital, alongside a consortium of investors including; Impression Ventures, Mistral Venture Partners, BDC’s Growth Venture Co-Investment ..read more

Combining payments solutions and third-party services, PPaaS empowers acquirers and Independent Software Vendors to enable merchants to create compelling commerce and payment options for their customers, bringing instore what has up to now only been possible online PARIS, FR–Ingenico, a Worldline brand, announces the full commercial launch of PPaaS, its Payments Platform as a Service solution to its clients and partners. Built on a completely new cloud-based technology stack, PPaaS is a key component in the evolution of the Point of Sale (POS) into an ecosystem enabler. PPaaS is a suite of pay ..read more

As businesses gear up for growth – driving efficiencies and access to capital is critical by Stephen Hogg Never has the phrase ‘business as usual’ been more obsolete. Constantly evolving market dynamics, shifting consumer expectations, and heightened macro-economic pressures are creating new challenges and opportunities for Canada’s small to mid-size businesses (SMBs). New research commissioned by Mastercard highlights the importance of ‘agility’ and ‘efficiency’ for SMBs to thrive, and points to how businesses are leveraging technology innovations to navigate shifting market dynamics and oppo ..read more

New report examines challenges finance leaders are currently facing and how they are adapting to drive growth and efficiencies ● The report found that 60 percent of financial leaders in Canada said time spent on tedious manual processes inhibits their work on strategic projects ● Financial teams are under increased pressure with more than two-thirds of respondents (69 percent) say company leadership is requesting financial information in real-time to better understand company performance TORONTO, ON— Sage–the leader in accounting, financial, HR and payroll technology for SMBs–released the Mana ..read more