ELI Canada

Barclays is struggling to have parts of its British payment company sold. Meanwhile, BBVA is busy with expanding its stablecoin operations in Switzerland. Let’s take a deep look into the recent changes in the world payment industry. Swift creates a global system for digital fiat funds Within the framework of…

The RPAA-covered enrollment due date is impending. Lawful organizations and substitutes involved in purchasing operations receive a fifteen-day opportunity to apply to the BOC. A formal announcement of an offense under the Act, a mandatory 60-day moratorium on mercantile remittance services, or severe fiscal consequences could follow non-compliance. Suppose either…

The rapid proliferation of financial technology (fintech) has metamorphosed the landscape of finance across Canada and the rest of the world. Fintech companies have provided state-of-the-art payment mechanisms, promising speed, convenience, and savings for consumers and businesses. Yet, their rapid expansion also throws up regulatory challenges for institutions such as…

Loonio, a Canadian digital payments platform, today announced its entry into the protective coverage space. The strategic aim is to facilitate the delivery of financial services that integrate basic transactions with the option of deeming them a sort of coverage. By integrating protection into its platform, Loonio will thus forge…

Since its establishment in the UK, Navro, a virtual payments organization, has captured a global market with a successful registration for FMSB in Canada by FINTRAC to give business money conveyance offerings across the nation. This guide will make you go over the main aspects of the topic and help…