As the 2023 holiday season approaches, a new survey finds that Canada’s economic backdrop of high interest rates and inflation has tempered the spending plans of three-quarters of Canadians. [Read more…] about Economic Crunch to Damper Holiday Spending in Canada, Fintech Finds
Givex
Givex Launches Customizable and Animated E-Gift Cards
Toronto’s Givex has introduced several enhancements to its digital gift card suite including adding video and animating their e-gift card deliveries. [Read more…] about Givex Launches Customizable and Animated E-Gift Cards
The Future of Payments in the Restaurant Industry
The last few years have seen widespread technology integration in the front-of-house for restaurants, with QR code menus, self-service kiosks, and even autonomous food delivery vehicles, such as the Pizza Hut robots that were roaming the sidewalks in parts of Canada last year. With all of this technology implementation, it begs the question: what’s next in the payments realm? Will it be business as usual, or will customers soon pay for their meals with a scan of their palms? [Read more…] about The Future of Payments in the Restaurant Industry
Why Fintech is the Future of Restaurants: A Case Study
The past two years have been painful times for the hospitality industry, with an estimated 13,000 Canadian food service businesses permanently closing their doors during the pandemic. Many service veterans saw an opportunity to exit the industry to pursue their back-burner dreams, leading to the current labour shortage that’s plaguing hospitality businesses. [Read more…] about Why Fintech is the Future of Restaurants: A Case Study