PayTechs of Canada announces new Executive Director

PayTechs of 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 PayTechs of 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.

PayTechs of 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.

Explore More Resources

A champion for change: Laurence Cooke, CEO nanopay Corporation

Posted in: Articles

By Doug Kreviazuk, Executive Director, PayTechs of Canada – Earlier this week, I had the opportunity to sit with Laurence Cooke, founder and CEO of nanopay Corporation and Chair for PayTechs of Canada, to gain his perspective on the importance of the national payments system, its evolution and contribution to the Canadian economy.

An electronic cheque replacement is a simple matter of choice

Posted in: Articles

A little more than a year ago, the fifth largest bank in New Zealand, Kiwibank (government owned) announced that they would no longer accept cheques nor issue cheque books to their clients, effective February 28, 2020. Given the similarities, is it time for Canada to follow this lead?

Retail payments oversight framework: what PayTechs need to know

Posted in: Articles

By: Doug Kreviazuk, Executive Director, PayTechs of Canada – In mid 2017, the Department of Finance released “A New Retail Payments Oversight Framework” in response to mounting pressure to modernize retail payments regulations and the rapid emergence of new, unregulated participants in the broader payment’s ecosystem.