Rafael Tumarkin

Looking to boost your credit score? Learn how to fix bad credit in Canada by managing debt, making timely payments, and monitoring your credit report for errors. Small changes can make a big impact on your financial future. #CreditScore #FinancialHealth #DebtManagement #MoneyMatters #FinancialAdvisor https://lnkd.in/g_iNHG-k

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A new study from Payments Canada reveals that Canadian businesses have a higher rate of payment fraud compared to Canadian consumers at 20% versus 13%, respectively, although the types of fraud were similar for both segments. https://lnkd.in/gD5ZS5C5 #business #news #retail #fraud #creditcards #payments Payments Canada Donna Kinoshita

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With Payfi, your rent is recognized as a vital part of your credit history as it should be. Sign up at app.payfi.ca to start enjoying fairer credit evaluation. #PayfiCa #RentReportingInCanada

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Ontario Auto 🚗 🚗 🚗 Last month’s provincial budget included reforming Ontario’s auto product. Find out what this means for brokers in our #OntarioBrokerMag. https://bit.ly/3UjbbFc #OntarioBrokers #Auto #Insurance #Magazine

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To protect Albertans, the AIRB sets the maximum price insurers can charge for mandatory coverage, called the Grid premium. Learn more about who the Grid protects with our infographic.

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🌟 Exciting News for Canadians! 🌟 At Payfi (Techstars ‘23), we believe renting shouldn’t be boring! 🇨🇦💼 While you’re busy paying your rent and building your credit history with us, we’ve just spiced things up even more! 🎉 Guess what? You can now pay all your bills—hydro, internet, water, electricity, taxes, and more—through Payfi! That’s right, no more juggling multiple apps or late fees. Just one platform to manage it all! But wait, there's more! We’re not just about convenience; we’re all about fostering better relationships between landlords and tenants. 🤝💖 🏠 Hey Landlords, we have some exciting news coming your way soon! Get ready to elevate your rental experience with Payfi! And because we all need a little laughter in our lives: Why did the tenant bring a ladder to the rental office? Because they heard the rent was going through the roof! 😂 Join us in making renting a breeze! 💪 #Payfi #RentingRevolution #BuildingBetterConnections Seun Sanni 👉 Sign up today and experience the excitement! app.payfi.ca

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Ontario's regulations and factors set it apart, making affordable coverage a challenge. But fear not! We've got five effective strategies to help you secure budget-friendly car insurance in the province.

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We are working in close collaboration and alignment with the payment ecosystem to deliver the final pillar of the Real-Time Rail (RTR) payment system for the benefit of Canadians. The real-time movement of money enabled by the RTR will give Canadian consumers and businesses more control over their finances and greater confidence that payments have been finalized. It will also provide the foundation for new payment products and services to be introduced by members and innovators leading to greater payment choice and convenience for all Canadians that are safe and secure. Read our latest update to learn more: https://bit.ly/3U38J5s #ModernPayments

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✨Exciting OFNC PR Announcement! 🚀 Unveiling the Potential: The Benefits of Consumer-Driven Finance for Small Businesses in Canada 🇨🇦 The Open Finance Network of Canada (OFNC) is excited to announce the release of our latest whitepaper on the transformative potential of open finance for Canadian small businesses. With the royal assent of Bill C-69 on June 20, 2024, Canada is poised to transition into a consumer-driven banking framework. This landmark legislation represents a significant milestone in modernizing the Canadian banking system, promising substantial benefits for consumers and SMEs alike. “In Canada, SMEs make up 95% of all companies and 85% of jobs and generate over half of its GDP. It is key to have an Open Finance framework that allows SME's to not only participate, but thrive.”— Eyal Sivan, Board Member at OFNC & Mr. Open Banking This whitepaper is a collaborative effort, enriched by contributions from our dedicated OFNC Board, Advisory Members, Volunteers, and Members including Peoples Group, Wealthsimple Matera, Portfolio+, BEworks , Ozone API, SecureAuth Corporation, League Data and Matera We want to extend our gratitude to industry partners such as the Canadian Federation of Independent Business, Open Banking Expo, and Xero for their invaluable resources and expertise. Special thank you to Whitepaper leads from OFNC Michelle Beyo, Donna Galloway, Megha Sharma, Carlos Beltran, Nur Öztin Kurak, MSc Our whitepaper has quotes from the following experts Carrie Forbes, Jeremy Bornstein, Huw Davies, Abdi H., Thierry Sébastien Battistini, Michelle Hilscher, Ph.D. Brook Lovatt to name a few. 👉 Download the whitepaper https://lnkd.in/eEQqUBZT to explore how OFNC provides a comprehensive analysis of the current state and prospects of open finance, with a particular focus on its impact on small businesses. While there is more work ahead to expand this framework and make consumer-driven banking accessible to all Canadians, Bill C-69 establishes the foundation for an ecosystem where data flows securely and with consent. Our whitepaper captures these insights and lays out a clear roadmap focused on SME access and success in this new financial landscape. As the financial sector continues to evolve, open finance is set to revolutionize the industry with more personalized and efficient services, fostering innovation, and enhancing competition. ➡️Read more about our PR https://lnkd.in/gU6HvZ2i #OpenFinance #ConsumerDrivenFinance #SmallBusinessCanada #BillC69 #Innovation #FinancialServices #OFNC #Whitepaper #FutureOfFinance Eyal Sivan Roy Kao Donna Galloway Tara Wilson, CDI.D Bhupinder Singh Karen Budahazy Daniel Kornitzer Cindy Zhang

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Congratulations to CLA member VoPay on new partnership with Mastercard! VoPay and Mastercard team up to revolutionize the way money is moved across Canada and beyond. This collaboration will harness Mastercard Move—a comprehensive suite of domestic and international money transfer solutions—to provide businesses and consumers with flexible, fast, and secure payment options. By merging Mastercard's robust global network with VoPay's innovative payment technologies, this partnership is set to enhance the efficiency of payment transactions and offer scalable solutions to consumers and businesses alike. Launching in 2024, the partnership will enable businesses and financial institutions to perform real-time payouts to any Canadian debit or prepaid card, as well as direct bank transfers using various Canadian payment infrastructures. Internationally, the Mastercard Move and VoPay platform will facilitate seamless money transfers to bank accounts, mobile wallets, and physical cash-pickup locations in over 100 countries. “This partnership delivers on both companies’ commitment to provide more choice and greater transparency for people who need to send money. The platform will also transform the way businesses and consumers transfer money internationally. Be it personal remittances, small business payments or commercial disbursements, with Mastercard Move, VoPay will enable businesses, financial institutions and consumers to send money to bank accounts, mobile wallets, cards and cash-payout locations in over 100 countries. The joint solution between Mastercard and VoPay will transform the user experiences for both the sender and the recipients,” said Hamed H. Arbabi, CEO and Founder of VoPay. Read more here: https://lnkd.in/gzxjm9FN #realtime #payments #crossborder #finance #fintech #consumers #businesses #lending #transactions Canadian Lenders Association

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There are numerous advantages of renting in Canada with Payfi especially when you have no Credit, Rental or Employment History. Sign up at app.payfi.ca today PAYFI... Get a Rent Guarantor. Pay Rent. Build credit. Earn rewards #Payfi #RentGuarantorInCanada #rentreporting🇨🇦 #rentreportingservice #canada #CanadaRent #RentingInCanada #RentingTips #CanadaLandlord #CanadaTenant #immigrants #immigrantsincanada #canadaimmigrants

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Supercharge Your Sales with RBC's Next-Gen Payment Solutions! Alexander Peh, RBC's VP of Merchant Payment Services, reveals how embedded payment solutions are setting new standards in enhancing customer experiences directly on your platform. Embrace the power of seamless transactions that not only boost sales but also simplify the customer journey. Discover RBC’s omni-channel strategy that broadens your reach across multiple platforms, ensuring you connect with more customers. Tools like RBC PayEdge and RBC Insight Edge streamline supplier payments and provide crucial business analytics, helping you make informed decisions quickly and securely. Click on the link below to read this insightful interview: https://lnkd.in/gmbvWabg #RBCInnovates #FutureOfPayments #BusinessTransformation

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Staying ahead of regulatory changes is key to thriving in Canada's dynamic financial landscape. At TruStone Financial, we're dedicated to keeping you informed about the latest shifts shaping our industry. Understanding and adapting to regulations not only ensures compliance but also unlocks new opportunities for growth and innovation. Stay informed, stay ahead! #financialadvisors #regulatorychanges #canadianfinance #compliance #innovation #growth #industryinsights #stayinformed #trustonefinancial

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💭 Ready to dive into the fundamental and practical aspects of implementing #openbanking in Canada? On May 9, 2024, join Hyunju (Crystal) Park and Alana Scotchmer for the Ontario Bar Association's upcoming program, "Primer on Open Banking,” to explore the advantages and risks of an open banking system, privacy considerations, what implementation would look like and much more! Check out the full program agenda 👉 gowlg.co/4biaqTD #OBA #FinancialRegulation

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