Toronto-based firm partners with Mastercard on self-service ‘insurance cloud’

BARCELONA - A Toronto-based fintech startup has its eyes set on the $30 billion of insurance payouts made in Canada every year, with a cloud-based self-service hub backed by a partnership with Mastercard.

Published on: March 1st, 2018 Brian Jackson

Canadians love to spend money online on Valentines, says Mastercard

When love is in the air, Canadians do a lot of shopping online, according to Mastercard’s annual Love Index. E-commerce transactions jumped by 216 per cent in Canada on Valentine’s over the past three

Published on: February 14th, 2018 Alex Coop

Mastercard opens access to its blockchain technology API

Mastercard is taking a bet on blockchain, officially revealing its blockchain technology complete with open API. For its blockchain solution, Mastercard focused on four principles: privacy, flexibility, scalability, and reach. It will be

Published on: October 20th, 2017 ITBusiness Staff

Mastercard and PayPal expand digital partnership to Canada

The Canadian arms of Mastercard Inc. and PayPal Holdings Inc. will now be giving each other a leg up after their parent companies extended their partnership north this week. The partnership, revealed Thursday,

Published on: October 6th, 2017 Eric Emin Wood

Fitbit Ionic smart watch to launch new mobile payments service

Fitbit is entering the mobile payments market with a branded feature called Fitbit Pay on its new Fitbit Ionic device hitting retail shelves this October, the firm announced on Monday. Similar to other

Published on: August 28th, 2017 Brian Jackson

How popular are mobile payments in Canada, anyway?

Only 12 per cent of Canadian smartphone owners have used their phones to make an NFC payment, according to Visa Inc. Numbers like that indicate mobile payment technology isn't catching on with Canadians

Published on: August 18th, 2017 Eric Emin Wood


Mastercard upgrades Canadian presence for Labs, Masterpass

Everyone is familiar with Mastercard's brand on their bank's credit card, but now Canadian executives will be able to look to the global payments company for help in kickstarting their internal innovation process.

Published on: July 26th, 2017 Brian Jackson

Now you can buy vending machine snacks using your phone, thanks to Mastercard

Consumers who consider fishing for change, or even a credit card, too cumbersome a price to pay for a vending machine treat will love Mastercard Inc.'s newest mobile payments partner. Starting this week,

Published on: May 3rd, 2017 Eric Emin Wood

Mastercard launches biometrics card in South Africa

Apple Pay already has Canadians using their fingerprint to authenticate payments at the till, but now Mastercard may soon allow them to do so by scanning their fingerprint right on the card itself.

Published on: April 20th, 2017 Brian Jackson

Retailers rejoice: Mastercard bringing mobile ordering platform to Canada

Mastercard Inc. announced at Mobile World Congress this week that it would be expanding its mobile ordering and payment platform, Qkr! with Masterpass, to six new markets including Canada. Aimed at retailers in

Published on: March 2nd, 2017 Eric Emin Wood

Mastercard and BMO officially release Identity Check in North America

Canadian commercial clients of Bank of Montreal can finally check out Mastercard Inc.'s "selfie pay" technology for themselves. The financial services giant, which collaborated with BMO to launch its biometric-based online payment confirmation

Published on: October 25th, 2016 Eric Emin Wood

MasterCard offers new details about Canadian MasterPass release

MasterCard Inc. unveiled a slew of new partners today for the U.S. version of its MasterPass digital payment program, but Canadian users will have to wait a bit longer to see equally widespread

Published on: July 14th, 2016 Eric Emin Wood

“Strategic value” in supporting startups, MasterCard says

Two years after adding Toronto-based wearables firm Nymi to its first list of supported companies, MasterCard Inc.'s Start Path program returned to Ontario's capital yesterday, inviting startups from around the world to showcase

Published on: May 12th, 2016 Eric Emin Wood