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Does M&A activity in payments help or hinder innovation?

CIX - Thursday, October 17, 2019
9:00 AM - 9:30 AM
Trinity II/ III/ IV

In the recent past, the payments world has seen consolidation on a large scale. FIS/Worldpay, FiServ/First Data, Visa/Earthport, MasterCard/Nets and Global Payments/TSYS are a few notable examples. Each of these combinations creates game-changing opportunities: increased scale, access to more customers around the world, operational efficiencies, and the potential to cross-sell existing customer bases. Challenger fintech companies are emerging to disrupt the incumbent players with an attempt to improve the customer experience, but none have reached soaring heights on a massive scale.

The panelists will share their view on whether consolidation in the industry truly drives innovation or impedes new creative solutions.


Karim Gillani
Co-founder and General Partner
Luge Capital
Fintech startups in Canada and the USA, including AI solutions applied to financial services developed by early-stage companies based in Canada and the USA


Debbie Gamble
Chief Innovation Officer, Labs and New Ventures
Interac Corp.

Vanessa Grant
Norton Rose Fulbright Canada LLP

Shane Parkhill
General Manager, Canada

Harinder Takhar
Paytm Labs


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