Finance Archives - Page 2

Hashtag Trending – 12 Russians charged with hacking US election, Jeff Bezos is richer than you, Amazon Prime Day worker strikes

Twelve Russians have been charged with interfering in the 2016 US election, Jeff Bezos is the richest person in modern history, and Amazon Prime Day is affected by mass worker strikes in Europe.

Published on: July 17th, 2018 Mandy Kovacs

Only 14% of VCs in Canada are women, new report finds

That women are seriously under-represented in Canada's technology industry is hardly news, and a new report suggests one reason might be that they're seriously under-represented at the companies funding the tech industry too.

Published on: July 11th, 2018 Eric Emin Wood

RBC launches startup accelerator program

The Royal Bank of Canada (RBC) is following in the footsteps of IBM Corp. and Salesforce.com Inc. by launching a startup accelerator of its very own. Last week the bank announced RBC Reach,

Published on: July 9th, 2018 Eric Emin Wood

Canadian mobile digital identity service to launch this fall

A long-awaited Canadian mobile digital identity validation service supported by Canada’s biggest banks and telcos will launch this fall, with hopes it will be a big boost to the digital economy. Called Verified.Me,

Published on: June 21st, 2018 Howard Solomon

Interac opens innovation lab in Kitchener’s Communitech research hub

Interac Corp. is setting up shop in Kitchener-Waterloo. On Tuesday, the payments giant announced the launch of the Interac Lab, an "innovation outpost and accelerator" located at Kitchener, Ont.-based hub Communitech that will

Published on: June 19th, 2018 Eric Emin Wood

Q&A: Western Union’s B2B marketing lead on why legacy brands should embrace digital transformation

As the head of customer and marketing for Western Union’s B2B division, Nicole Zimmermann has seen the impact of digital transformation on many a legacy company first-hand – including her own. A veteran

Published on: June 18th, 2018 Eric Emin Wood

Canadian banks, TMX, use open source blockchain pilot to process security settlements instantly

An ongoing pilot project is continuing to transform the Canadian financial infrastructure and recently proved that blockchain can instantly settle both cash and security settlements. The Bank of Canada, Payments Canada, TMX Group

Published on: May 29th, 2018 Alex Coop

Visa and PayPal become better pals in Canada

Visa and PayPal are expanding their partnership in Canada to allow customers more ways to move money between accounts, and could lead to PayPal providing payments at physical locations. PayPal users that hold

Published on: May 9th, 2018 Brian Jackson

Visa Direct payments service expanded in Canada

Visa is making sure that the days of paper cheques are numbered in Canada by expanding its Visa Direct push payments platform north of the border. Visa says its real-time service to send

Published on: May 8th, 2018 Brian Jackson

AI’s predictive, transparency and IoT capabilities on bank executives’ minds, according to Accenture

Canadian banks have been using AI to automate repetitive, manual tasks, such as AML transaction monitoring and credit card fraud detection for more than a decade, but a new report suggests executives are

Published on: May 4th, 2018 Alex Coop

Now RBC customers can use Samsung Pay too

The list of banks whose customers can use their Samsung device instead of a credit card to make a purchase just became a bit longer. On Tuesday, Samsung Electronics Canada Inc. announced that

Published on: April 20th, 2018 Eric Emin Wood

Mastercard calls for industry support of online shopping tech standards

Mastercard is calling on its merchants, acquirers, issuers, and other technology players to join the company in supporting a new framework from EMVCo that was revealed last year called Secure Remote Commerce (SRC).

Published on: April 18th, 2018 Alex Radu

SAS announces fraud and security intelligence division

DENVER - SAS Institute is no stranger to fraud, and after many years of experience in the space, the company is creating a dedicated fraud division called the fraud and security intelligence division.

Published on: April 11th, 2018 Alex Radu

Hashtag Trending – Paypal going after traditional banks, Facebook’s continued problems, China’s dystopian ranking system

PayPal is moving closer to “mainstream banking”, Facebook suspends another data analytics firm for using tactics like Cambridge Analytica, and China is testing a social credit ranking system straight out of a Black

Published on: April 10th, 2018 Mandy Kovacs

Wallet Card creator on disrupting the payment sector without changing its infrastructure

Here at ITBusiness.ca, we’re used to profiling startups founded by engineers, programmers, or serial entrepreneurs, but Dynamics Inc. CEO and Wallet Card creator Jeff Mullen was simply a patent attorney, a profession that

Published on: March 27th, 2018 Eric Emin Wood