Big banks and telcos backing $185 M supercluster bid for national digital identity system

Correction: A previous version of this story incorrectly reported $485 million in funding committed to the project. The correct number is $185 million.  Identification systems have been based on face-to-face interactions and on

Published on: September 22nd, 2017 Mandy Kovacs

Canada’s banks keeping mobile customers happy at other channels’ expense: J.D. Power

Inverting what you would normally read on this site, J.D. Power and Associates' latest retail banking satisfaction study warns that while Canada's banks are world leaders when it comes to keeping mobile customers

Published on: July 13th, 2017 Eric Emin Wood

Canada’s biggest banks can learn a few lessons from CIBC’s mobile app

CIBC’s mobile efforts have been given an A by Forrester Research. When the Cambridge, Mass.-based market research firm recently evaluated the mobile apps released by the “Big Five” Canadian banks (CIBC, Bank of

Published on: June 5th, 2017 Eric Emin Wood

Intuit, Autodesk, Microsoft illustrate tech’s dominance of Canada’s best places to work

Turns out Intuit Canada, Autodesk Canada Co. and Microsoft Corp. aren't just well-known tech brands - they're leaders among Canadian workplaces too. All four companies, along with Mississauga, Ont.-based workforce management (WFM) and

Published on: May 1st, 2017 Eric Emin Wood

Canada’s first commercial blockchain service could become the ‘Interac’ for digital transactions

With the announcement of a major commercial service with backing from Canada’s "Big 5" banks and a new research institute driven by the Tapscotts, complete with government funding, it’s fair to say that

Published on: March 27th, 2017 Brian Jackson

Canada’s banks leading in digital transformation by embracing rivals: PwC

Canada’s banks are becoming digital transformation leaders by collaborating with their fintech counterparts, according to a new report by consulting firm PricewaterhouseCoopers (PwC). Financially speaking, what the organization calls “the big six” (Bank

Published on: March 20th, 2017 Eric Emin Wood

Tony Lacavera, RBC, Magna among backers of new Canada-based AI funding program

TORONTO - Tony Lacavera is putting his money where his mouth is. The former Wind Mobile CEO, who sits on the board of startup-funding charity Next Canada, and whose venture capital firm Globalive

Published on: January 26th, 2017 Eric Emin Wood

How Kabbage knows if it can lend you $100,000 in just seven minutes

If you're running a small business and are in need of capital, spending as little as seven minutes of your time for up to $100,000 credit sounds like a pretty good value proposition.

Published on: August 29th, 2016 Brian Jackson

Scotiabank makes it easier for businesses to pay their vendors

One of Canada’s big five banks has announced a new service allowing line of business users to make instantaneous bulk payments to vendors and customers. Scotiabank revealed today that it is the first

Published on: October 26th, 2015 Lindsey Peacock

Scotiabank amps up digital operations, adds 350 jobs with new FinTech incubator

One of Canada’s big five banks has announced plans for a new innovation hub with the mission to spur a transformation for its digital operations. Scotiabank has developed its own internal financial tech

Published on: October 19th, 2015 Lindsey Peacock

Which Canadian bank has the best app?

The days of making a visit to a local bank branch and updating a paper account balance booklet are just a relic of the pre-digital age for most Canadians. Even ATMs are declining

Published on: October 2nd, 2015 Brian Jackson

Scotiabank invests in SAS analytics to push customer-centric strategy

DALLAS - Imagine this nightmare scenario: you're on a vacation, travelling internationally, liberally making use of the new bank card you got that rewards you for your travel activities - suddenly, you're locked

Published on: April 28th, 2015 Nestor Arellano

Full Canadian impact of Visa, MasterCard breach still not clear

There's still no official word on how many Canadian Visa and MasterCard customers may have been affected by the security breach at payments processing company Global Payments Inc.Visa and MasterCard are staying mum

Published on: April 3rd, 2012 ITBusiness Staff

New Web site to help skilled immigrants find jobs in Toronto

A new online network with the goal of connecting immigrants with jobs is set to go live tomorrow, according to the Toronto Region Immigrant Employment Council (TRIEC).With funding from Citizenship and Immigration Canada

Published on: February 8th, 2012 ITBusiness Staff