logo
Seasoned Payments Executive Mindy Bruns Joins as New Leadership for FUTR Payments as it Prepares for Integration into the FUTR AI Agent App

Seasoned Payments Executive Mindy Bruns Joins as New Leadership for FUTR Payments as it Prepares for Integration into the FUTR AI Agent App

National Post10-07-2025
Article content
FUTR Corporation appoints Mindy Bruns as Chief Business Officer of FUTR Payments
Ms. Bruns will form new leadership for the successful FUTR Payments product in preparation for its integration into the FUTR AI Agent App
Ms. Bruns will also expand existing FUTR Payments growth initiatives across all verticals
Ms. Bruns brings 20 years of payments leadership experience across technology, digital payments and global finance at industry leaders such as Aventiv Technologies, AllPaid, Ingo Money and MoneyGram International
Article content
TORONTO — The FUTR Corporation (TSXV: FTRC) ('FUTR' or the 'Company'), a consumer-centric platform for data valuation and monetization, is pleased to announce that Mindy Bruns has joined the team as Chief Business Officer to form a new leadership team for the FUTR Payments product (currently operating as Hank Payments) as it is integrated into the FUTR AI Agent App.
Article content
FUTR's AI Agent App is focused on putting money back in consumers' wallets through a unique data monetization rewards system, personalized offers as well as agent-driven smart payment management. The FUTR AI Agent App will allow Enterprises to get rewarded for contributing consented Consumer data to Agents and allow Brands to leverage this data to improve offer personalization and reduce customer acquisition cost.
Article content
Ms. Bruns joins FUTR to continue the growth and expansion of the successful FUTR Payments product, launch its 2.0 Advanced Cash Management platform, and spearhead its integration into the broader FUTR AI Agent App expected to be launched in Q3.
Article content
Ms. Bruns will have P&L ownership, cross-functional accountability and responsibility for strategic execution in this new evolution of the FUTR Payments product, which currently has over 42,000 users and has processed over US$3bn in value for curated consumer payment events. FUTR Payments will form a key component of the FUTR AI Agent App as it connects comprehensive intelligent payment rails to personalized FUTR AI Agents. This allows highly tailored and automated payment plans saving Consumers $1,000s in interest and helping to build equity in their vehicles and homes faster.
Article content
Ms. Bruns brings 20 years of leadership experience across technology, digital payments and global finance. Known for driving rapid, cost-based transformation and delivering scalable growth, Ms. Bruns has a consistent track record of exceeding delivery and quality expectations. She has held senior roles at industry leaders such as Aventiv Technologies, AllPaid, Ingo Money and MoneyGram International where she leveraged her expertise in revenue acceleration, product strategy optimization and team development to drive meaningful outcomes. Ms. Bruns holds an MBA from the University of Dallas.
Article content
'This is an extremely exciting opportunity for me as a leading-edge payments executive. FUTR Payments has saved consumers millions of dollars of interest since inception and manages over $2B USD in loan balances and payments with zero balance sheet risk. We believe we are just barely scratching the surface, and in my 20 years I haven't seen anything so robust in the market,' said Ms. Bruns. 'With the further integration into the FUTR AI Agent App and drastically expanding our industry reach and consumer base, we believe we are well positioned for significant growth in the USA and Canada.'
Article content
'Connecting intelligent agents and intelligent payment rails is critical to the value proposition of the FUTR AI Agent App. The FUTR Payments product has been very successful historically with predictable recurring revenue that grows year over year. Now with expanded investment and Mindy's exceptional experience we believe we are ideally positioned to continue and significantly expand that proven success,' said Alex McDougall, President of The FUTR Corporation.
Article content
About The FUTR Corporation
Article content
FUTR's AI Agent App is focused on putting money back in consumers' wallets through a unique data monetization rewards system, personalized offers as well as agent-driven smart payment management. The FUTR AI Agent App will allow Enterprises to get rewarded for contributing consented Consumer data to the Agent and allow Brands to leverage this data to improve personalization and customer acquisition.
Article content
www.thefutrcorp.com
Article content
Forward-Looking Statements
Article content
This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect the Company's current expectations regarding future events. Forward-looking statements are identified by words such as 'believe', 'anticipate', 'project', 'expect', 'intend', 'plan', 'will', 'may', 'estimate' and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts, and projections and include, without limitation, statements regarding the future success of the Company's business and the consolidation of the Company's common shares. The forward-looking statements in this news release are based on certain assumptions. The forward-looking statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Article content
Article content
Article content
Article content
Article content
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tapestry quarterly revenue likely rose 5.5% as Coach bags drew young shoppers
Tapestry quarterly revenue likely rose 5.5% as Coach bags drew young shoppers

CTV News

time24 minutes ago

  • CTV News

Tapestry quarterly revenue likely rose 5.5% as Coach bags drew young shoppers

This Big Morgan Batch Classic Signature Coach bag was sold at both the Canadian and U.S. outlet stores. (CTV) Tapestry kept up a brisk pace of sales in the April-June quarter, with revenue likely growing 5.5 per cent, thanks to growing demand for its stylish handbags that are more affordable than traditional luxury labels. Accessible luxury companies, including Tapestry and Ralph Lauren, are gaining momentum in an economy hit by tariffs and inflation, where younger shoppers are being more prudent with their purchases. Shoppers are walking away from the more opulent wares offered by luxury firms, including Kering. Revenue in the New York-based company's fiscal fourth quarter is expected to have climbed to US$1.7 billion, its second-quickest pace of growth in 12 quarters, according to LSEG data. Last week, Tapestry's rival and Michael Kors-owner Capri Forecast quarterly revenue above estimates. Shares of Tapestry, which beat Wall Street revenue estimates in the past four quarters, have surged more than two-thirds this year. Revenue from the Coach brand, which accounted for 82 per cent of the company's revenue for the first nine months of the year, likely grew almost 11 per cent in the June quarter, according to LSEG estimates. 'They've successfully repositioned the brand to target younger demographics with their Tabby and Brooklyn Bag brands,' said Adam Steffanus, a managing director at Advisory Research Investment Management, which owns Tapestry stock. Steffanus noted that sales of European luxury brands LVMH and Chanel have suffered because they raised their prices too high. Tapestry said in May that it was well covered on cross-border tariff risk thanks to less than 10 per cent of production from China and a diversified manufacturing base that includes 70 per cent of production from Vietnam, Cambodia, and the Philippines. Still, Tapestry's other brand, Kate Spade, has been a drag on its performance. The brand has suffered from heavy promotions that have hurt its status as an upscale brand, Steffanus said. Morningstar analyst David Swartz said Coach could raise prices without driving away customers because of its high margins, but Tapestry cannot do the same for Kate Spade handbags. Kate Spade's revenue likely fell 13 per cent in the April-June period, according to LSEG estimates. Tapestry reports earnings on Thursday. At least 16 analysts rate it 'buy' or higher, with five rating it 'hold.' It has no 'sell' calls, according to LSEG data. (Reporting by Samantha Marshak in New York; Editing by Sayantani Ghosh and Rod Nickel)

Banff housing project to add 90 affordable units
Banff housing project to add 90 affordable units

CBC

time25 minutes ago

  • CBC

Banff housing project to add 90 affordable units

Banff's latest affordable housing project is taking shape. An open house on Tuesday gave residents a look at the upcoming 90-unit project at 50 Wolf St., near the Bow River and Banff Mineral Springs Hospital. It's expected to be completed in late 2027. Banff Mayor Corrie DiManno said once the project is finished, it will provide much-needed below-market housing for residents. "This housing development is the difference between people leaving our community and staying in our community," she said. "It's really exciting that this opens up more opportunities to stay in Banff and build a life here." Of the 90 units, there will be 32 studio rental units, 43 one-bedroom rental units and 15 two-bedroom units available to purchase through the Banff Housing Corporation. There will also be 8,000 square feet of community space on the ground floor, including a kitchen, dining hall, lounge space and meeting space. The cost will be $41 million, with $3.3 million coming from the federal government's Housing Accelerator Fund, $6.4 million from the provincial government and $5 million from the Wim and Nancy Pauw Foundation, totalling $14.7 million. The remainder will be debt financed and cost-recovered. DiManno noted the location is close to downtown and public transit, which is free in the townsite for residents. "We're meeting two of our biggest needs in this project: one is housing and two is community space," she said. "I'm so excited for it to come to life and for Banffites to be able to enjoy it." The Banff Housing Corporation has a waitlist of about 400 for units to own, while there are about 320 people on the rental waitlist. It has 260 ownership units and 133 rental units in its portfolio. Policy changes spur residential projects The projected housing shortfall in Banff is 700 to 1,000 residential units and the vacancy rate is below one per cent. Banff has a federally legislated land cap of about four square kilometres. It means new housing comes from redevelopment of existing space. Council approved a series of land use changes last year, such as removing parking restrictions, increasing allowable density in neighbourhoods and reducing permitting fees. Alison Gerrits, the Town of Banff's director of community services, said there is still a shortfall of housing, but council-approved policy changes last year have spurred development applications. "We recognize our shortfall is still significant and we need to rely on other projects that will be happening in the community," she said. Darren Enns, the town's director of planning and environment, told council at its Monday meeting that applications for new housing units "remain strong" at an estimate of more than 300. "Almost all of these applications are using one or multiple of the changes council made to the land use bylaw," he said. "In other words, these 300 units that are in the pipeline would not have come if it weren't for changes."

People reading AI summaries on Google search instead of news stories, media experts warn
People reading AI summaries on Google search instead of news stories, media experts warn

CBC

time25 minutes ago

  • CBC

People reading AI summaries on Google search instead of news stories, media experts warn

Some news publishers say the AI-generated summaries that now top many Google search results are resulting in less people actually reading the news — and experts are still flagging concerns about the summaries' accuracy. When Google rolled out its AI Overview feature last year, its mistakes — including one suggestion to use glue to make pizza toppings stick better — made headlines. One expert warns concerns about the accuracy of the feature's output won't necessarily go away as the technology improves. "It's one of those very sweeping technological changes that has changed the way we ... search, and therefore live our lives, without really much of a big public discussion," said Jessica Johnson, a senior fellow at McGill University's Centre for Media, Technology and Democracy. "As a journalist and as a researcher, I have concerns about the accuracy." While users have flagged mistakes in the AI-powered summaries, there is no academic research yet defining the extent of the problem. A report released by the BBC earlier this year examining AI chatbots from Google, Microsoft, OpenAI and Perplexity found "significant inaccuracies" in their summaries of news stories, although it didn't look at Google AI Overviews specifically. In small font at the bottom of its AI summaries, Google warns users that "AI responses may include mistakes." The company maintains the accuracy of the AI summaries is on par with other search features, like those that provide featured snippets, and said in a statement that it's continuing to "make improvements to both the helpfulness and quality of responses." Leon Mar, director of media relations and issue management at CBC, said the public broadcaster "has not seen a significant change in search referral traffic to its news services' digital properties that can be attributed to AI summaries." But he warned that users should be "mindful" of the varying accuracy of these summaries. AI has 'fundamental problem' Chirag Shah, a professor at the University of Washington's information school specializing in AI and online search, said the error rate is due to how AI systems work. Generative AI can't think or understand concepts the way people do. Instead, it makes predictions based on massive amounts of training data. Shah said that "no checking" takes place after the systems retrieve the information from documents and before results are generated. "What if those documents are flawed?" he said. "What if some of them have wrong information, outdated information, satire, sarcasm?" A human being would know that someone who suggests adding glue to a pizza is telling a joke, Shah said. But an artificial intelligence system would not. It's a "fundamental problem" that can't be solved by "more computation and more data and more time," he said. AI changing how we search As Google integrates AI into its popular search function, other AI companies' generative AI systems, such as OpenAI's ChatGPT, are increasingly being used as search engines themselves, despite their flaws. Search engines were originally designed to help users find their way around the internet, Shah said. Now, the goal of those who design online platforms and services is to get the user to stay in the same system. "If that gets consolidated, that's essentially the end of the free web," he said. "I think this is a fundamental and a very significant shift in the way not just search but the web, the internet, operates. And that should concern us all." WATCH | AI companies are trying to change how we use the internet: AI agents could change how you use the internet 15 days ago OpenAI and other big tech companies are starting to roll out the next wave of artificial intelligence, designed to operate with more autonomy. CBC's Nora Young breaks down how agentic AI works and why some think it will change how you use the internet. A study by the Pew Research Center from earlier this year found users were less likely to click on a link when their search resulted in an AI summary. While users clicked on a link 15 per cent of the time in response to a traditional search result, they only clicked on a link eight per cent of the time if an AI summary was included. That's cause for alarm for news publishers, both in Canada and abroad. "Zero clicks is zero revenue for the publisher," said Paul Deegan, CEO of News Media Canada, which represents Canadian news publishers. Last month, a group of independent publishers submitted a complaint to the U.K.'s Competition and Markets Authority saying that AI overviews are causing them significant harm. Alfred Hermida, a professor at the University of British Columbia's journalism school, said Google used to be a major source of traffic for news outlets by providing users with a list of news articles relevant to their search queries to click on. But Hermida said, "when you have most people who are casual news consumers, that AI summary may be enough." Keldon Bester, executive director of the Canadian Anti-Monopoly Project, said there is a competition issue at play and there could "potentially" be a case under Canadian law. He noted Google has been hit with competition cases in the past, including one that saw the company lose an antitrust suit brought forward by the U.S. Department of Justice over its dominance in search. In a post last week, Google's head of search, Liz Reid, said "organic click volume" from searches to websites has been "relatively stable year-over-year," and claimed this contradicts "third-party reports that inaccurately suggest dramatic declines in aggregate traffic — often based on flawed methodologies, isolated examples, or traffic changes that occurred prior to the roll out of AI features in Search." 'One-two punch' Clifton van der Linden, an associate professor and director of the Digital Society Lab at McMaster University in Hamilton, noted that if users bypass a link to a news site due to an AI-generated summary, that "compounds an existing problem" in Canadian media, which is dealing with a ban on news links on Facebook and Instagram. The Liberal government under Justin Trudeau passed the Online News Act in 2023 to require Meta and Google to compensate news publishers for the use of their content. In response, Meta blocked news content from its platforms in Canada, while Google has started making payments under the legislation. The future of that legislation seems uncertain. Prime Minister Mark Carney indicated last week he is open to repealing it. Between Meta pulling news links and the emergence of AI search engines, Johnson says Canadian media has experienced a "one-two punch."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store