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Cards and Payments Technologies


Fasken is at the forefront of advising on traditional payment systems as well as new and evolving payment methods, including mobile and digital payments.
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Overview

Fasken has a strong presence in the card space as we provide advice to many of the largest credit card issuers in Canada which includes expertise on loyalty programs, co-brand credit and debit card programs, prepaid cards, gift cards, stored value cards, electronic wallet products and mobile payments.

We also advise extensively in payments and card networks – an area evolving significantly as the Government proposes more and more regulation and codes of conduct in this area.  We interface with merchant acquirers and assist new entrants as technology breaks down the barriers to entry.

With the importance of technology in payments, we have an interdisciplinary team  which draws upon technology and intellectual property expertise focused on financial services so we know and understand the business, the technology around it and the regulatory environment in which it operates. 

Team

Client Work

  • Chexy Inc. completes C$1.3 million pre-seed financing,
  • Nuvei Corporation completes Nasdaq Listing and U.S. IPO,
  • Nuvei Corporation acquires Paymentez,
  • Nuvei Corporation acquired all of the issued and outstanding shares of SimplexCC Ltd. for US$250 million,
  • Nuvei on its US $500 million bought deal secondary offering,
  • Nuvei Corporation acquires all of the issued and outstanding shares of Mazooma Technical Services Inc.,
  • Nuvei completes a US$552 million bought deal secondary offering,
  • Quadient acquires Beanworks Solutions,
  • Fairstone Bank of Canada (formerly Duo Bank of Canada) and First National Financial LP enter into a partnership to launch a secured credit card,

Knowledge

Fasken Institute

News

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