Author: pdrummond

Looks like retail sales have started to recover. MasterCard has year over year (YOY) US retail spending up 26.3% in March. But that's not to say that shopper behaviour has returned to pre-pandemic patterns. A whole lot of formerly in-person purchasing has remained online. StatsCan shows...

Cryptocurrency exchange Crypto.com has long offered users a Visa card. That relationship has just evolved in two really exciting ways. Up until now, using the Crypto.com Visa card meant converting crypto into fiat currency. This adds significant charges for merchants and ratchets up the overall complexity...

[caption id="attachment_717" align="alignright" width="300"] Launch Online grant program[/caption] Due to the success of the BC government's Launch Online grant program, which is intended to help small and medium-sized BC businesses create or improve their online store, the program has been expanded. Another $30 million has been...

Recent American credit card processing fee announcements are stirring up all kinds of drama South of the border. Certain merchant categories will see their rates decrease, but many segments will be paying more come the 1st of April. Small business advocates and a number of...

Walmart is making an attempt to supercharge their financial service ecosystem by partnering with Ribbit to create a new Fintech company. This partnership is a big deal. Walmart's had a somewhat patchy history with financial regulators while Ribbit has gone from strength to strength, boasting a...

In Mobile Texting We have just passed the one-to-one ratio of cell phones to people in Canada. There are now more cell phones than people in this country. The number one use of smart phones is texting, which is now the preferred form of communication as...