Royal Canadian Mint readies its version of Bitcoin: MintChip

Mobile payments may edge a little closer to becoming commonplace in Canada, with the unveiling of the prototype of the MintChip, a digital currency that's akin to Bitcoin - only this currency was

Share on LinkedIn Comment on this article Share with Google+ Published on: January 13th, 2014 Candice So

Target’s data breach exposes 40 million credit card numbers

Retail giant Target Corp. has confirmed its cash registers have been hacked, exposing about 40 million credit and debit card numbers. The thieves managed to get customer names, card numbers, expiration dates, and

Share on LinkedIn Comment on this article Share with Google+ Published on: December 19th, 2013 Candice So

Stealing credit card numbers from Apple point of sales terminals? Easier than you might think

With consumers forming snaking, long lines in stores before the holidays, businesses are adding more and more mobile terminals so their customers can buy directly from salespeople on the floor. This may speed

Share on LinkedIn Comment on this article Share with Google+ Published on: November 25th, 2013 Candice So

Digital wallet showdown: MasterPass vs. V.me

Two major credit card companies, Visa and MasterCard, are offering consumers digital wallets to make their online shopping experience more convenient. From an SMB merchant perspective, however, the decision about which one to

Share on LinkedIn Comment on this article Share with Google+ Published on: May 13th, 2013 Dave Webb

MasterCard launches MasterPass with several Canadian e-commerce customers

MasterCard Canada announced the launch of its MasterPass digital payments platform that it hopes will eventually be used for both in-store purchases and online purchases alike. The digital wallet is being used for

Share on LinkedIn Comment on this article Share with Google+ Published on: April 11th, 2013 Brian Jackson

Two of Canada’s ‘most innovative’ startups partner for e-commerce win

Men's clothing e-tailer Frank & Oak may have been chosen as the “People's Choice” award winner in the digital media category at this year's Canadian Innovation Exchange (CIX), but they didn't do it

Share on LinkedIn Comment on this article Share with Google+ Published on: December 3rd, 2012 Brian Jackson

Venmo acquisition won’t be the last in hot mobile payments market

The frenzy of activity in the mobile payment space continues to accelerate, as New York-based Venmo Inc. has been acquired by mobile payments firm Braintree, the New York Times reports.Venmo was founded in

Share on LinkedIn Comment on this article Share with Google+ Published on: August 16th, 2012 Brian Jackson

Rogers and CIBC launch mobile wallet

Rogers Communications Inc. and Canadian Imperial Bank of Commerce (CIBC) held a joint news conference today to announce the launch of a mobile wallet that will put credit card information on smartphones. The

Share on LinkedIn Comment on this article Share with Google+ Published on: May 29th, 2012 ITBusiness Staff

Canadian banks set to unveil mobile payment guidelines

Pay-as-you-go is about to take on a whole new meaning for Canadian shoppers.Canadian banks and credit card companies are set to announce a new setof guidelines governing mobile payments that willeventually move consumers

Share on LinkedIn Comment on this article Share with Google+ Published on: May 14th, 2012 ITBusiness Staff

New trojan steals credit cards from hotel computers

A remote access computer Trojan (RAT) designed to steal credit card details from hotel point-of-sale (PoS) applications is being sold on the underground forums, researchers from security firm Trusteer said in a blog post on

Share on LinkedIn Comment on this article Share with Google+ Published on: April 18th, 2012 Lucian Constantin

Get Payd with new Moneris accessory for mobile merchants

Small merchants that spend most of their work day on the road likely never considered accepting credit card payments an option in the past. But lately, several services have hit the Canadian market

Share on LinkedIn Comment on this article Share with Google+ Published on: February 13th, 2012 Brian Jackson

Video Rewind: Data security important when accepting plastic payment

With new services offering small merchants a way to accept credit card payments on an iPhone (such as the product offered by Payfirma) it's now easier than ever to ask your customers "will

Share on LinkedIn Comment on this article Share with Google+ Published on: January 26th, 2012 ITBusiness Staff

Express IT: Mobile payments will be best cash alternative

Cash might be king, but it's more common to not actually carry any of it around these days. Consumers are more likely to pay with a debit or credit card for even small

Share on LinkedIn Comment on this article Share with Google+ Published on: August 31st, 2011 Brian Jackson

Beware

When it comes to protecting yourself against financial fraud and identity theft, don’t just safeguard your computer and other tech devices – it still pays to be careful on that old school device

Share on LinkedIn Comment on this article Share with Google+ Published on: June 23rd, 2011 Christine Wong