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Adyen

AI Shapes Travel Plans, But Canadians Still Want People

September 10, 2025 by Newsdesk

Artificial intelligence is reshaping Canadian travel planning, but human connection remains paramount, according to Adyen’s 2025 Hospitality Report. The study shows one-third of Canadians use AI assistants to streamline itineraries, yet nearly 90 per cent prefer human interaction at check-ins and bookings.

Adyen Canada’s Sander Meijers highlights the dual expectation: digital convenience paired with personal service. Payments technology underpins this balance, enabling secure, unified commerce while deterring rising fraud. Loyalty programs powered by payment insights further strengthen guest engagement. Meijers says fintech will help future-proof hospitality, blending automation with high-value human service.

Want to know more? Check out the source code on Fintech.ca.

Dutch Fintech Expands Capital Lending to Canada

July 7, 2025 by Newsdesk

Adyen has launched its financing solution, Capital, in Canada. Originally rolled out internationally in 2023, the product offers fast funding to small businesses using sales data from Adyen’s payment platform. By pre-approving merchants on SaaS platforms, Capital eliminates lengthy applications and hidden fees common in traditional lending, says Canada Country Manager Sander Meijers.

With over one million SMBs generating nearly half of Canada’s private-sector GDP, the need for quick access to capital is critical. Repayment is automatic, drawn from daily sales, and includes one fixed fee. Adyen’s local presence has grown since opening a Toronto HQ in 2023.

Want to know more? Check out the source code on Fintech.ca.

Subscription Cancellations Loom as Living Costs Rise, Adyen Finds

October 23, 2024 by Newsdesk

New research from Adyen reveals that 40% of consumers plan to unsubscribe from recurring payment services in the next 12 months, citing high living costs. The study, part of Adyen’s inaugural Global Digital Report, surveyed consumers across 23 countries. It found that most people are signed up to three subscriptions, spending $19 per subscription monthly.

Services most at risk include TV, music, and food delivery. Despite this, 77% of businesses plan to invest in repeat purchase models, with many expanding their offerings. Adyen’s Trevor Nies emphasized the need for businesses to build lasting relationships through personalization and seamless payments.

Want to know more? Check out the source code here.

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