Here’s why Canada was waiting for expanded Apple Pay support

Canadian banks may not have supported Apple Pay at its initial launch last November because the technology wasn't compatible with Interac Association's chip-and-pin contactless authentication method. Apple entered the Canadian market late last

Published on: May 10th, 2016 Brian Jackson

Apple Pay expands in Canada with support from major banks for debit and credit cards

Millions more Canadians could finally have access to Apple Pay, with the Cupertino, Calif. tech giant announcing today that the big five national banks, and payment networks Interac, Visa, and MasterCard have all pledged

Published on: May 10th, 2016 Brian Jackson

MasterCard partners with Bank of Montreal for soft launch of ‘selfie pay’

Bank of Montreal customers who use MasterCard to make online purchases will be taking selfies for a whole new reason this summer, as BMO becomes the first Canadian bank to support MasterCard's new

Published on: March 23rd, 2016 Eric Emin Wood

Mastercard to bring ‘selfie pay’ to Canada this summer

MasterCard will officially be rolling out its biometric payment service, MasterCard Identity Check - a smartphone app which allows users to verify purchases by taking a selfie instead of entering a password -

Published on: February 25th, 2016 Eric Emin Wood

UGO adds P2P feature to digital wallet app

Users of digital payment app Ugo Wallet can now use the program for peer-to-peer transfers, developer Ugo Mobile Solutions L.P. announced today. With the app's new P2P feature, Ugo Pay, consumers can load

Published on: February 1st, 2016 Eric Emin Wood

Suretap’s new prepaid MasterCard gives consumers new way to pay

Suretap, one of the virtual wallets of choice for the country’s major mobile carriers, is beefing up its payment options for consumers with a new prepaid MasterCard option. “We want Suretap to meet

Published on: September 30th, 2015 Lindsey Peacock

MasterCard is looking for a few good commerce startups

MasterCard is looking for a few good commerce startups, and it’s launching a program to help nurture promising new companies in the space. Technology is rapidly changing the world of commerce, with mobile

Published on: September 11th, 2015 Jeff Jedras

Nymi testing biometrically-authenticated wearable payments with MasterCard, TD

The wearables market is beginning to pick up steam, and Toronto’s Nymi is already working on the next generation of wearables technology with a pilot project to complete credit card payments using a

Published on: August 11th, 2015 Jeff Jedras

Riding on MasterCard’s mobile innovations truck

It might be a hot summer day in Toronto, but this is no ice cream truck. No, it’s a demo zone for MasterCard’s latest technology. And much like the payments processor’s business strategy,

Published on: July 21st, 2015 Brian Jackson

Ladies, start your tech businesses! (To win $10,000 in prizes)

When you’re at the starting line of the new business race, you really need some “fuel”, i.e. some cash,  and a crew to support you.  That’s just what six women-led companies will get

Published on: March 24th, 2015 Cheryl Sylvester

Mastercard to launch wearable payments pilot with Bionym

Toronto-based Bionym has struck a deal with MasterCard and a number of banks to do a pilot project where Canadians will use the wearable wrist band as a contactless payment method. The Nymi

Published on: November 3rd, 2014 Brian Jackson

MasterCard unveils a fingerprint-scanning, contactless credit card

MasterCard has announced it’s partnering with Zwipe, a Norwegian company that has built a credit card armed with near field communications (NFC) technology and fingerprint scanning. The two companies say the new Zwipe

Published on: October 17th, 2014 Candice So

Wearable tech firm Bionym closes $14 M Series A round

Toronto-based Bioynm Inc. has closed its first major round of financing to the tune of $14 million. This Series A round was led by Ignition Partners and Relay Ventures and also included Export Development

Published on: September 24th, 2014 Karim Kanji

Telus helping Canadians travelling to U.S. with credit card payments

Telus Corp. customers will now have one less thing to remember before they head on trips to the U.S. On Thursday, the wireless carrier giant announced it was partnering with Syniverse and MasterCard

Published on: August 15th, 2014 Candice So