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Finance & Markets

Payments Canada welcomes six new members

Payments Canada announced today the approval of six new members: Bounce Finance Inc. (“Bounce Pay”), Everlink Payment Services ULC (“FIS Everlink”), Nium Canada Corporation (“Nium”), Pesapeer Incorporated (“Pesa”), Remitly Canada, Inc. (“Remitly”) and Vancouver City Savings Credit Union (“Vancity”).

We haven't written up this one. Finextra has the full story — the link below goes straight to it.

Read the original at finextra.com →

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Aldermore puts jobs at risk in retreat from invoice finance market

Aldermore is weighing a round of layoffs as it consults on plans to scale back its invoice finance business ahead of a sale, City AM can reveal. The Reading-headquartered lender is discussing plans to shrink its invoice finance division and slash the amount of customers it serves in the market, sources told City AM. The [...]

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