Canadian Western Bank Partners with Payfirma

Canadian Western Bank Partners with Payfirma
12.04.2017 02:00 pm

Canadian Western Bank Partners with Payfirma

Payments , Banking

CWB Financial Group (CWB) strategically partners with Payfirma today, the first of its kind in Canada, that will provide CWB with a white labeled version of Payfirma’s industry-leading payment technology platform, PayHQ.

The release of CWB PayHQ on May 1, 2017 will allow CWB to add a fully integrated, omni-channel merchant services platform to its growing portfolio of business services products.

“CWB was quick to recognize the positive impact a white labeled version of PayHQ would have on their merchant clients,” said Michael Gokturk, CEO of Payfirma. “We couldn’t be happier about our new partnership and everyone at Payfirma is excited. We look forward to collaborative innovation with CWB to push the boundaries of what is available in the market today.”

“At CWB, as a business-focused bank, our core financial solutions are targeted to the unique needs of our business clients,” said Stephen Murphy, Executive Vice President, CWB Financial Group. “We think innovative fintech partnerships like this one will give us the edge in providing superior service to our targeted clients. We’re confident that Payfirma’s flexible payment technology and customer service focus are a great fit with CWB, and will help us broaden and deepen our business client relationships.”

Partnerships between banks like CWB and fintech players like Payfirma are increasing the pace of innovation in the finance industry. The resulting beneficiaries of these partnerships will be the end clients who obtain simpler, faster, and higher performing solutions at a lower cost.

 

Related News

iController takes first step towards AI-driven cashflow forecasting with innovative On Demand Financing

iController is the first to integrate ‘On Demand Financing’ into its software. It is a development of KBC to pre-finance invoices in a flexible way. Innovative... Read more »

Wirecard drives the digitalisation of professional sports: Partners with FC Bayern Munich Basketball

Wirecard, the global innovation leader for digital financial technology, and FC Bayern Munich Basketball are announcing their long-standing partnership, which... Read more »

Small businesses face ‘trade credit crunch’ as backlog of unpaid invoices builds up

  • 40% of businesses are currently facing over £10,000 in unpaid invoices (1) 
  • Solvency a concern for... Read more »

Amadeus and Troovo partner to automate B2B travel payments

The integration of Troovo’s advanced Robotic Process Automation (RPA) engine with Amadeus’ B2B Wallet means the entire virtual payment flow... Read more »

Enfuce approved as an authorized payment institution

Finland's biggest fintech start-up Enfuce has been accredited as an authorised payment institution by the Finnish Financial Supervisory Authority (FIN-FSA)*.... Read more »

Dune London goes live with Klarna’s popular Pay later products

The Dune Group, one of the most influential global players in fashion footwear and accessories today announced an international partnership with leading global payments... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel