Content Tag: consumer spending

Will banks work together with fintech upstarts to find complementary collaboration, or will they lock horn in competition?

Are Canadians still laser focused on paying down debt? Or are Canadians leveraging alternative financial solutions like prepaid cards to help them better manage the money, so they can spend more. According to Moneris Solutions, consumer spending in Canada grew by 6.24 per cent in the first quarter of 2016 on a year-over-year basis.