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

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


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

Twitter highlights 40 Canadian execs who stand out on social media – and how you can too

Social media can be a valuable tool for executives looking to boost their company's public profile - and Twitter Canada managing director Rory Capern has a list that proves it. In a June

Published on: June 12th, 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

Canada still has a ways to go before it becomes cashless

TORONTO - With countries like Sweden and South Korea announcing bold plans to go completely cashless over the next five years, Canadians have to wonder: when will Canada do the same? Not anytime soon,

Published on: March 1st, 2017 Alex Radu

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

Microsoft and RBC announce new investments in Canadian AI

One of Canada's largest banks and a multinational software firm are both announcing expanded investment in artificial intelligence (AI) that will include partnerships with Canadian universities, according to announcements made Wednesday morning. Microsoft

Published on: January 18th, 2017 Brian Jackson

League adds business insurance to digital health platform

A Toronto-based startup that began as a digital gateway between people and various healthcare providers is now offering insurance plans to businesses, the company announced on Wednesday. League Inc. is adding insurance products

Published on: October 12th, 2016 Brian Jackson