This post is based on the comprehensive findings published by Payments Canada in its annual 2019 Canadian Payment Methods and Trends report. Canada exchanges almost $210 billion worth of payments and financial transactions on average
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Before plastic cards, credit cards were made of paper and contained a customer’s important banking information. This may sound archaic, inefficient, and insecure, depending on your age and whether you’re one of the millions of
An ACH payment is a bank term that stands for the Automated Clearing House. ACH payments are electronic transfer systems that move money between bank accounts in the U.S. A few examples of ACH payments
With the dawn of our new decade comes innovations, connectivity, speed, ease, and security in banking like never before. It is a thrilling time to be in digital banking. Payments can be made in an
Happy 2020 readers! This is the second post in a two-part blog series titled 15 fintech companies to watch in 2020. Read part one with the first 7 fintech companies to look out for and
This is the first post in a two-part blog series titled 15 fintech companies to watch in 2020. Fintech, as many of you know, is short for financial technology. According to a Forbes post that
Digital banking, mobile transactions, digital payments, and e-commerce are synonymous with consumer and retailer convenience and experience today. They are an integral part of how we function as a globally connected society. Despite this, they’ve
The payments industry continues to modernize and evolve under the influence of new payment innovations and changing consumer preferences for convenient and quick transaction processing. For many, these new waters can be challenging to navigate,
As Scrooge might say, ‘tis the season to pay—and for exorbitant holiday debt. As it is, consumer debt is at an all-time high exceeding $4 trillion and it’s no wonder it’s worse this holiday. Let’s
Forbes contributor and investor at Bain Capital Ventures, Matthew Harris recently wrote a two-part Forbes article called Fintech: The Fourth Platform. In the articles, he discusses the future of financial technology (or fintech) companies and