News

Fintechs Canada welcomes Interac as its newest member

December 8, 2020: Fintechs Canada, Canada’s only national association dedicated to the enhancement of  Canada’s payments system and the opportunities for PayTech/Payment Service Providers in Canada is pleased to announce the addition of Interac as the newest general member to the Fintechs Canada Association.

“We are thrilled to welcome Interac as the newest member of Fintechs Canada. As a dominant force in both debit and real-time payments, Interac is a leader in innovation and continues to be on the forefront of payments in Canada. Together, we can make a difference for all players in the payment’s ecosystem,” said Laurence Cooke, Board Chair, Fintechs Canada.   

This union comes at an opportune time when numerous payments system-related issues are under review and discussion, including system modernization, a new open banking framework and proposed regulation for payments service providers. 

Interac is pleased to join Fintechs Canada and work alongside other innovative firms looking to advance Canada’s payments system. We look forward to contributing our learnings as we collectively seek solutions which provide the best possible payment experience for Canadians.”  Kirkland Morris, VP, Enterprise Initiatives and External Affairs, Interac Corp.

 

About Fintechs Canada

Established in the fall of 2019, Fintechs Canada is a not-for-profit association that provides a harmonized voice for PayTech firms in Canada to drive continuous improvements in Canada’s payments ecosystem and achieve the best possible payment experience for Canadians.

Explore more resources

We sat down with Peter McCabe, Assistant Vice President, Technology Practice at PROLINK, to talk about the Retail Payment Activities...

Articles

“Our financial sector is central to every part of the Canadian economy, but right now it’s falling short,” said Alex...

Articles

With new safeguarding rules under the Retail Payment Activities Act (RPAA) taking effect on September 8, many payment service providers...