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Fintechs Canada announces new Executive Director

Fintechs Canada is pleased to welcome Alex Vronces as its new Executive Director, effective February 1st.

 

Alex comes with a strong payments background, most recently with Payments Canada, where he provided thought leadership and advice on a number of key strategic policy initiatives including the modernizing of the legal frameworks underpinning Canada’s national payment systems.

“With COVID-19 forcing so much commerce online, payment system modernization, Canada lagging in innovation and access, we need the associated legislative reforms now more than ever,” said Laurence Cooke, Chairman of PayTechs. “With his creativity, passion, and deep payments knowledge, Alex is the right person to lead Fintechs Canada, at this critical time as the government contemplates critical issues including the development of a national open banking framework, broadening access to the payments system and the portability and security of personal data. We want to thank Doug Kreviazuk for helping us launch the Association and gain so much momentum in the first 18 months”

Alex’s career has spanned government and industry advocacy, payment-system policy development, and journalism, and always with a concentration of public policy.

Fintechs Canada is committed to representing those who want to drive continuous improvements in Canada’s payments ecosystem for the benefit of all users and will enhance users’ experiences through sound but effective government regulation and greater competition in payments.

There are more than 600 paytech firms operating in Canada today, collectively raising more than CAD$2.86 billion in funding and employing around 80,000 Canadians.

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