The Merchant's Guide to Transactions, Cards & eCommerce
Breaking News

Sun City Group goes live on VersaPay's accounts receivable automation platform
February 2, 2016

Mogo announces management promotions in credit and operations
February 1, 2016

MBNA, CUETS Financial credit cards to join UGO Wallet
February 1, 2016

BillPro adds global payment products for merchants
january 27, 2016

Galitt White Paper sheds a new light on opportunities brought by the Internet of Things for payment
December 8, 2015

Zafin announces 100-person ‘Centre of Excellence’ in Toronto
November 26, 2015

Cardtek to provide solution to MasterCard processor
November 19, 2015

Cross-border ecommerce snapshot: the U.S. is hot on exports, cool on imports
November 18, 2015

CPA research outlines economic benefit of adopting ISO 20022 for electronic payments
November 18, 2015

U.S. retailers may not be prepared for retail payments migration
November 17, 2015

Central 1 Credit Union appoints new board members
November 11, 2015

FIME test tool selected to support advanced mobile security standards
November 11, 2015

ACI strengthens board of directors with appointment of payments luminary
November 6, 2015

Secure chip technology industry achieves interoperability milestone
November 4, 2015

Visa to buy European counterpart
November 3, 2015

ONPEX launches Payment Account Management
October 27, 2015

JPMorgan enters mobile payment market
October 27, 2015

Saxo Payments unveils community for border transfers
October 26, 2015

Western Union wins ‘Best New Service Award’ Awards
October 26, 2015

CashStar announces enhancements
October 26, 2015

Scotiabank expands mobile payment service
October 22, 2015

Cambridge Global Payments debuts intuitive trading and payments platform
October 22, 2015

Fintech poses ‘long-term and dangerous’ threat to golden goose of Canadian banks
October 22, 2015

Starbucks launches ‘Mobile Order & Pay’
October 14, 2015

Clearent launches virtual terminal
October 14, 2015

Ingenico Group receives Smart Card Alliance ‘Center of Excellence’
October 6, 2015

Digital Retail Apps announces ‘SelfPay Showcase’
October 5, 2015

Hyperwallet founder receives ‘Entrepreneur of the Year 2015’ award
October 1, 2015

Subscription businesses see increase in declined payment cards
Sepember 30, 2015

North American psyche of shopping: why, where and what holds us back from online shopping
Sepember 30, 2015

Canadian Tire launches mPay & Play
September 29, 2015

Pivotal Payments supports Android Pay, brings mobile wallet acceptance to U.S. business owners
September 29, 2015

Samsung Launches Mobile Payments in U.S.
September 28, 2015

Pivotal Payments now supports Android Pay
September 23, 2015

Desjardins launches mobile payment solutions for small businesses, self-employed workers
September 23, 2015

HotelQuickly uses Transpay for mass payments
September 22, 2015

NACHA’s rule to address excessive transaction return levels goes into effect 
September 18, 2015

Eastern Bank piloting Stratos partner program
September 18, 2015

SpendTrend report released
September 15, 2015

BillPro adds check processing solution for merchants
September 4, 2015

CT-Payment, Smart Card Marketing Systems merge
September 4, 2015

Genre Hotels launch mobile check-in
September 3, 2015

YA, InComm partner to enhance client program delivery
September 3, 2015

Blackberry integrates PayPal
September 1, 2015

Coinbase arrives in Canada
September 1, 2015

PayPal helps Canadians say goodbye to IOUs
September 1, 2015

ABnote, MeaWallet partner on open-loop mobile wallet solution
August 17, 2015

PayPal collaborates on POS solution
August 17, 2015

Samsung Pay announces dates for South Korean and U.S. releases
August 17, 2015

Samsung introduces Samsung Pay on TV
August 6, 2015

Mobeam announces beaming SDK for Android
August 6, 2015

Bitnet, Zooz enable merchants to accept bitcoin
July 29, 2015

Canadian Bank Note acquires Union Graphics
July 29, 2015

Former NetSpend CEO joins Clearent
July 29, 2015

ING Bank set to introduce voice-activated mobile payments
July 29, 2015

Wearables will represent 20 per cent of all mobile transactions by 2020
July 29, 2015

Ventura now senior vice-president of partner development at International Bancard
July 24, 2015

Federal Reserve announces steering committees of new payments task forces
July 22, 2015

Infographic shows Apple Pay stats
July 16, 2015

Advancing security, openness, innovation in Canadian mobile payments
July 14, 2015

Apriva, Globalcom bring EMV solutions to U.S. unattended markets
July 14, 2015

First Data acquires Transaction Wireless
July 14, 2015

Clode now CIO at Central 1 Credit Union
July 10, 2015

GlobalPlatform updates end-to-end framework
July 9, 2015

OT, CA Consumer Finance launch solution for secure, faster access to credit
July 9, 2015

AIR MILES unveils a way for Canadians to give back
July 9, 2015

G&D receives Visa certification for HCE cloud payment services
July 9, 2015

Capital One, Vantiv team to enhance payment processing solutions
July 8, 2015

ICC Solutions expands
July 6, 2015

Apriva, Amano McGann bring EMV to parking payment systems
June 29, 2015

Virgin Mobile simplifies payments with PAYFORT
June 24, 2015

Magic to join Square’s board of directors
June 18, 2015

Information overload stymies Canada’s banks in mobile payments battleground
June 18, 2015

Android Pay starts working with loyalty and rewards schemes
June 18, 2015

Twenty-five per cent of people would share their DNA for faster mobile authentication
June 18, 2015

JUST ANNOUNCED: Payments Panorama scheduled for June 15-17 in Calgary for 2016. The Canadian Payments Association has expanded their bi-annual conference to 2 1/2 days.
June 16, 2015

All-in-one POS device is new innovation for First Data
June 16, 2015

Zooz empowers retailers with ‘Insights’
June 10, 2015

Global Payments, Virtual Next to offer mobile payment, gift and loyalty solution to Canadian merchants
June 4, 2015

Interac Association, Retail Council of Canada announce top applicant of ‘2015 Retail as a Career Scholarship Program’
June 4, 2015

Canada's economy to accelerate after sluggish start to 2015
June 3, 2015

Bitcoin startup adds Visa founder to its board of advisors
May 29, 2015

Bitcoin payment application launched across 18 countries
May 29, 2015

Google introduces Android Pay
May 29, 2015

NCR, OpenTable to enable restaurants to add mobile payments
May 26, 2015

Proxama ‘Digital Enablement Platform’ provides complete HCE and tokenization solution
May 26, 2015

PayPal being fined $25m
May 22, 2015

Kimber now chief executive officer and managing director at Ozforex
May 19, 2015

OT partners with Samsung to launch Samsung Pay in Europe
May 19, 2015

Google to add payment button for mobile search
May 19, 2015

FIS Clear2Pay OTS Group confirmed by VISA as a chip vendor enabled service (CVES) provider
May 19, 2015

Warrington now CEO at Hyperwallet
May 19, 2015

iZettle launches card reader for Apple Pay and contactless payments
May 19, 2015

Total Merchant Services announces free terminal upgrade program featuring EMV/NFC enabled devices from Ingenico
May 13, 2015

Pivotal Payments joins American Express OptBlue Program
May 13, 2015

American Express launches OptBlue in Canada
May 11, 2015

Nautilus Hyosung America largest ATM supplier to U.S. market
May 11, 2015

FIME elected to EMVCo board of advisors
May 11, 2015

Tempo Money Transfers launches new product to top up cell phones globally
May 11, 2015

CPI Card Group appoints Tony Sabetti to lead mobile and NFC market initiatives
May 6, 2015

Main Street Softworks Inc. Monetra eases EMV migration
May 6, 2015

Consumers prefer credit and debit over cash
May 5, 2015

Payments industry moves to speed chip card acceptance
May 4, 2015

D+H completes acquisition of Fundtech
May 1, 2015

Ting now SVP at Hyperwallet
May 1, 2015

Global Payments launches Ingenico mPOS device in Canada
April 29, 2015

ICMA releases statistics reports
April 29, 2015

Discover Cards to join Apple Pay
April 28, 2015

Paytm launches payments app for SMEs
April 28, 2015

Apple launches watch, adds videos on how to use Apple Pay
April 24, 2015

Scotiabank releases Apple Watch banking app
April 24, 2015

Canada's banks form consortium to deal with Apple Pay
April 23, 2015

SWIFT adds delivery channel for payments reference data
April 23, 2015

Optimal Payments awarded ‘Best Payments Company’
April 23, 2015

Volante Technologies launches foundation
April 20, 2015

NACHA chooses Early Warning as preferred partner for account validation services
April 20, 2015

Recombo enables automated onboarding for Cayan
April 20, 2015

FIME terminal integration services and tools updated to align with MasterCard ® M-TIP 2.0
April 20, 2015

goSwiff mPOS solution approved into 'AmEx Enabled Program'
April 20, 2015

Bitcoin is a booming industry in Africa
April 16 , 2015

CoCard, Xpress-pay target insurance, other emerging markets
April 16 , 2015

Chinese ecommerce player sets up cross-border online shopping platform
April 15 , 2015

Apple Pay's use case in healthcare industry via InstaMed
April 15 , 2015

PayPal can work with competitors after split, eBay says
April 13 , 2015

Bitcoin Foundation ‘effectively bankrupt’
April 13 , 2015

Microsoft applies for payments licensing across U.S.
April 12 , 2015

American Express Lab tests facial recognition technology
April 12 , 2015

New banks, credit unions implement Apple Pay for MasterCard cardholders
April 11 , 2015

Tempo Money Transfer in alliance with Metrobank in the Philippines
April 10 , 2015

eMobilePOS, Handpoint team up to provide EMV compliant solutions
March 30, 2015

Nomination of a new president of Orizon Mobile
March 30, 2015

Proposed regulation addresses governance framework for the Canadian Payments Association
March 27, 2015

Top tier bank selects MeaWallet and Chip Card for its cloud based mobile payment service
March 27, 2015

UK accounts for large percentage of European FinTech boom
March 27, 2015

Square Cash cozies up to business users
March 24, 2015

International Payment Conference offers international market place, exhibition, conference
March 23, 2015

G&D provides commercial cloud payment solution to Commonwealth Bank of Australia
March 23, 2015

Six per cent of iPhone6 owners have used Apple Pay
March 19, 2015

Facebook launches mobile money transfer feature
March 18, 2015

TD mobile app refresh puts a spotlight on speed and agility
March 17, 2015

Diebold buys software maker
March 17, 2015

Bitcoin users to approach five million by 2019
March 17, 2015

Blame shifting ensues over Apple Pay fraud issue
March 17, 2015

Misys unveils Apple Watch banking app
March 17, 2015

Square shuts down order-ahead app
March 17, 2015

VISA ReadyLink users can now add funds to their cards at Walmart
March 12, 2015

Eyereturn unveils cross-device targeting solution
March 12, 2015

Compliance Online launches PaymentsCompliance
March 12, 2015

Tangerine Bank debuts digital signature technology for mobile transactions
March 12, 2015

Wocket prepares to ship to consumers
March 11, 2015

MetaBank Partners with Berkeley Payment Solutions
March 11, 2015

Payment tech innovator Zooz launches UK office
March 10, 2015

Star Micronics launches MPOP
March 10, 2015

Americans prefer digital to branch for account opening
March 9, 2015

Debit card for six-year-olds
March 9, 2015

Bitcoin has a future in international banking, says SWIFT panel
March 9, 2015

PayPal aquires mobile payments firm Paydiant
March 2, 2015

ATM Industry Association launches ‘Cash Always Works’ video
March 2, 2015

Ingenico Mobile Solutions launches mPOS solution
March 2, 2015

Industry leaders to debate ‘The future of POS’ at BayPay Forum event
March 2, 2015

Worldpay, CAN Capital team to provide working capital February 27, 2015

Proxama unveils mobile proximity commerce proposition
February 27, 2015

Visa Europe plans tokenization launch ahead of Apple Pay
February 24, 2015

Dell expands bitcoin support to UK and Canada
February 23, 2015

UGO Wallet expands capabilities to include more loyalty cards
February 23, 2015

TD first to offer SMS customer service
February 20, 2015

AFEX opens office in Vancouver
February 20, 2015

Visa launches mobile location service to cut declined card payments
February 13, 2015

Satago joins forces with Experian to tackle late payment to SMEs
February 13, 2015

Zwipe integrates biometrics into HID Global's smart cards
February 13, 2015

Starbucks app starts supporting Apple Pay
February 13, 2015

Mobile consumers prefer NFC
February 12, 2015

Walmart Canada announces expansion plans, accelerates food and e-commerce growth
February 11, 2015

MineralTree closes Series B financing led by payment tech leader First Data
February 11, 2015

Clearent, MicroSale partner for flexible payment processing
February 9, 2015

Cardholders enjoy simple and secure online shopping
February 5, 2015

Starbucks bringing ‘Mobile Order & Pay’ option to Canada
February 5, 2015

Floum now chairman at Credorax
February 4, 2015

Reval CEO receives ‘Future 50 Award’
February 4, 2015

Onpex has been validated and registered by Visa Europe
February 3, 2015

Jumio unveils ID scan image capturing
February 3, 2015

'Bit-what?' Most Americans clueless about cryptocurrency
February 3, 2015

Optimal Payments honoured at industry awards
February 2, 2015

Fraud-fighting card company lands $1m funding
January 29, 2015

Swyp builds ‘smart’ universal credit card
January 29, 2015

MasterCard lifts block on U.S. transactions in Cuba
January 27, 2015

ING Direct founder back with new mobile banking venture
January 27, 2015

ATMIA launches ‘Cash is Queen’ video on Social Media
January 26, 2015

Moneris names Winnie Leung Chief Financial Officer
January 22, 2015

Amazon ditches mobile wallet offering
January 22, 2015

Ingenico Group acquires ROAM
January 21, 2015

TD announces test locations for Smart ATMs
January 21, 2015

Younger banking customers excited for biometric tech
January 21, 2015

FairTax to join FEI Canada
January 21, 2015

Qpay announces name change to InComm Agent Solutions
January 21, 2015

Optimal Payments and OLG partnership now live
January 15, 2015

BMO, Hogg Robinson Group partner to provide technology through the Spendvision platform
January 13, 2015

NCR includes cloud capabilities for retail payment solution
January 13, 2015

Comdata, Behalf, MasterCard collaborate to help SMBs
January 13, 2015

Apple Pay poised to overtake PayPal
January 13, 2015

Best Buy Canada chooses Desjardins for private label credit card portfolio
January 7, 2015

RBC to add Host Card Emulation to mobile app
December 23, 2014

Payza launches bank transfer (ACH) deposits and withdrawals
December 19, 2014

TRANSACT attendees to learn opportunities from merchant-led mobile payments platform
December 18, 2014

Two men charged with $100mm ATM sale/leaseback fraud
December 18, 2014

Will Canadian NFC digital wallet UGO be able to compete with Apple Pay
December 18, 2014

Canadians get bitcoin option for credit card payments
December 18, 2014

Toronto subway gets card payment option
December 18, 2014

Canadian Payments Association renews its confidence in CGI
December 18, 2014

Businesses bankrupted overnight by Amazon payment glitch
December 15, 2014

PayPal plans lending service expansion ahead of eBay spin-off
December 15, 2014

TELUS launches Canada's first ‘Internet of Things’ marketplace for businesses
December 12, 2014

Industry expertise trumps state-of-the art technology in payments partnerships
December 12, 2014 starts accepting PayPal payments
December 12, 2014

Starbucks tests mobile ordering, payment
December 8, 2014

HKTDC offers small-order online transactions
December 8, 2014

PayPal is the biggest threat to British banks
December 8, 2014

Alipay now processes more than half its transactions via mobile
December 8, 2014

TD’s Dominic Mercuri named Canada’s ‘Marketer of the Year’
December 8, 2014

Canada third in ranking of women executives in financial services
December 5, 2014

Canadians rank WestJet RBC MasterCards tops again
December 5, 2014

Loyalty Partner Solutions (LPS), People at Work Systems expand partnership December 5, 2014

Healthcare EFT via ACH volume increases
December 2, 2014

Payvision partners with Home Trust to serve Canadian market
December 2, 2014

Parents of kids and teens show strong affinity for wearables and other next gen tech from certain brands
December 1, 2014

Pivotal Payments announces next day funding for Canadian merchants
December 1, 2014

Two CIBC executives named among Canada's most powerful women
November 26, 2014

Twitter links in-store offers to retailer tweets
November 26, 2014

Paym offered to HSBC business customers
November 25, 2014

Apple Pay gains unexpected ally in Square
November 24, 2014

Oink introduces prepaid card for teenagers
November 24, 2014

SpectroCoin allows unbanked to convert bitcoin into cash
November 21, 2014

Square Register app available worldwide
November 21, 2014

ChangeTip reaches 10,000 daily ‘tip’ milestone
November 20, 2014

PayPal makes app available for Pebble Smartwatch
November 19, 2014

Everyday banking simpler for on-the-go Canadians
November 19, 2014

InComm launches ecommerce site for B2B bulk gift cards
November 19, 2014

First Data to bring tokens to sellers regardless of acquirer ties
November 19, 2014

J.P Morgan to end credit-card issuing deal with Sears Canada
November 19, 2014

Snapchat makes surprise move into P2P payments market
November 19, 2014

Infosys Finacle implements real-time core banking platform for Discover Financial Services
November 12, 2014

Prairie Cloudware launches ‘Digital Payments Guardian’
November 12, 2014

PayPal Canada launches PassPort
November 12, 2014

GiftCardBin, Inc. expands into Canada
November 11, 2014

MasterCard to buy TNS payment service
November 11, 2014

BMO DepositEdge™ launches in Canada
November 11, 2014

Bank of Montreal to revamp ATM network with NCR kit
November 11, 2014

Harbortouch adds tableside iPad ordering functionality to hospitality POS systems
November 11, 2014

Mastercard loses Best Buy partnership to Visa
November 5, 2014

Monexa launches Salesforce1
November 4, 2014

The DATA Group launches ‘Retail Promotion Management’
November 4, 2014

MasterCard moves to balance merchant costs with innovation benefits
November 4, 2014

Payment page provides indemnified way for merchants to accept alternative payments
November 3, 2014

XE partners with Currency Cloud for transparent international payments
November 3, 2014

Profits soar at Visa and MasterCard
November 3, 2014

CPI launches first EMV prepaid cards to Canadian market
November 3, 2014

Everlink launches gift card and loyalty solutions
November 3, 2014

Former head of Google Wallet debuts payments terminal
October 31, 2014

Emerging payments awards names Kount as best security/anti-fraud program
October 28, 2014

CIBC Tim Hortons Double Double Visa card recognized with innovation award
October 28, 2014

Bell ID launches 'Tokenization Manager'
October 22, 2014

Lightspeed expands POS offering to restaurants
October 22, 2014

Encap Security incorporates convenience of Apple Touch ID for financial services apps
October 21, 2014

Alibaba’s Alipay plans to go global
October 20, 2014

Bank of England’s real time payment system breaks down
October 20, 2014

Survey respondents cite NFC as best mobile payments technology
October 15, 2014

Payvision selects ControlScan as its payment security and compliance partner
October 15, 2014

Worldpay launches RiskGuardian to enable online businesses to fight fraud
October 15, 2014

MeaWallet implements tokenization for mobile payments and other mobile wallet services
October 15, 2014

iConnect POS launches enhanced suite of point of sale applications
October 15, 2014

Desjardins Group chooses Earthport’s global payments network
October 14, 2014

Diebold enhances ATM design, security
October 14, 2014

U.S. small business lending pauses in August
October 10, 2014

First American receives award
October 8, 2014

Royal Bank of Canada expands cloud-based mobile wallet
October 8, 2014

Ibotta, Roximity partner for iBeacon technology
September 30, 2014

EBay to spin off PayPal business
September 30, 2014

Pivotal Payments ready for Apple Pay
September 30, 2014

Apple poaches Visa’s NFC payments expert to expand Apple Pay in Europe
September 30, 2014

Walmart’s no-fee, digital checking account poses challenge to banks
September 26, 2014

Digital acquirer receives license in Japan
September 26, 2014

Class action suit targets gift cards
September 25, 2014

Women in Payments holds symposium, awards ceremony
September 24, 2014

Online banking fraud up in UK
September 24, 2014

PayPal, Braintree launch monetization support program for startups
September 22, 2014

Loblaw brings loyalty program to No Frills® stores
September 22, 2014

First Japanese online bitcoin payment system launched
September 22, 2014

Online Casino report reveals most popular online payment methods
September 22, 2014

Costco terminates relationship with Amex
September 19, 2014

FIME ready to support additional NFC demand
September 19, 2014

Lack of encouragement a barrier to girls pursuing a career in science, math, new study suggests
September 19, 2014

CIBC expands ABM access to more than 500 Petro-Canada retail locations
September 19, 2014

CEAMS partners with Everlink
September 17, 2014

InteliSpend launches MasterCard® prepaid cards in Canada
September 17, 2014

SPC Card and H&M Canada partner
September 17, 2014

Subway rolls out remote order and pay option
September 12, 2014

AcceptEmail increases global reach with Worldpay
September 12, 2014

Apple announces Apple Pay mobile payments system
September 9, 2014

Home Depot investigates data breach
September 3, 2014

Desjardins launches NFC payments in Canada
September 3, 2014

PAY.ON AG extends its executive board
September 2 , 2014

American Express adds credit cards
September 2 , 2014

1st touch adds mobile modules
September 2 , 2014

Syntec partners with Worldpay
September 2 , 2014

Tangerine wins awards
September 2 , 2014

PAYD PRO makes a special appearance at FAN EXPO Canada
August 26, 2014

Apriva, GoCoin form partnership
August 26, 2014

First international certificate for ATM operators awarded in Canada
August 22, 2014

CIBC recognized for leadership in online banking by Global Finance Magazine
August 19, 2014

Amazon to offer credit card reader, mobile app for small businesses
August 18, 2014

Aimia partners with Portugal's leading retailer
August 15, 2014

Plastic gift cards go digital with Moneris
August 13, 2014

Ethiopian Airlines partners with Worldpay
August 12, 2014

eCommerce sales to increase worldwide
August 11, 2014

SPC launches mobile offers and discounts for back-to-school
August 11, 2014

American Express celebrates 25 years of putting Canadians at the front of the line
August 7, 2014

BlackBerry Ltd. receives U.S. security clearance
August 7, 2014

SecureNet to launch global infrastructure
August 6, 2014

Global Payments signs with BitPay
August 6, 2014

Blackberry on growth footing
August 5, 2014

Pizza Nova launches app
August 5, 2014

G&D supplies SIM card platform for digital wallet
August 5, 2014

Secusmart boss expects Germany to approve sale to BlackBerry
August 1, 2014

Homeland Security warns retailers about virus
August 1, 2014

Ingenico, Moneris expand mobile POS portfolio
July 31, 2014

CoinTerra selects data center provider
July 30, 2014

Bitcoin ATM shuts down in New Zealand
July 29, 2014

CIBC clients 'eDeposit' one million cheques
July 29, 2014

LiveDeal Inc. improves app
July 29, 2014

Court decision restores reward points
July 28, 2014

Stripe launches services in Australia
July 28, 2014

Apple working on digital wallet
July 28, 2014

Judge says retailer fee complaints vs. Visa, MasterCard can move forward
July 28, 2014

Russia retracts demand for massive security deposits from Visa, MasterCard
July 28, 2014

Android L could be used for kiosks, ATMs
July 25, 2014

Paymetric, Ingenico join forces for global expansion
July 25, 2014

Digital wallet awareness very strong
July 23, 2014

Cardtronics to purchase Welch ATM
July 23, 2014

Betfair goes live with Jumio to speed up the customer verification process
July 18, 2014

GlobalPlatform Launches TEE Training Program
July 15, 2014

Tendler now general manager at NHCR
July 15, 2014

Zooz closes $12m investment round
July 15, 2014

UL receives Visa confirmation test tools to simulate qVSDC 2.1 test cards
July 15, 2014

Jumio receives ‘Mobile Innovation Award
July 15, 2014

Xapo prepares mid-July bitcoin debit card launch
July 14, 2014

Square adds invoicing to its register service
July 14, 2014

Botnet takes advantage of weak passwords to hack POS systems
July 11, 2014

First international certificate for ATM operators awarded
July 11, 2014

Teens and families get secure online payment method
July 10, 2014

RBC wins 'Retail Banker International' award
July 9, 2014

Visa Europe elected to Merchant Risk Council board of directors
July 9, 2014

Isis will rebrand mobile wallet to disassociate itself from terrorist group
July 9, 2014

First Data betting on PayLucky Solutions
July 9, 2014

Thailand's largest bank adds Diebold ATMs
July 9, 2014

Bank of Montreal introduces treasury and payments division
July 9, 2014

ETA to hold its annual forum for payments executives
July 7, 2014

Optimal Payments purchases ISOs
July 3, 2014

Ingenico Group to acquire GlobalCollect
July 3, 2014

Date set for chip card patent infringement hearing
July 2, 2014

Bitcoin available for SMEs
June 27, 2014

AMResorts appoints Worldpay to support global growth
June 25, 2014

Medical biller improves payment collection with Fundtech payments solution
June 25, 2014

One in four consumers victimized by card fraud
June 25, 2014

Harbortouch recruits new executives to grow operations
June 23, 2014

Optimal Payments sponsors ‘Canadian Gaming Summit’
June 21, 2014

TimmyMe available for Windows 8
June 20, 2014

Pisano heads treasury at AFEX
June 20, 2014

Latin American bank goes live with Clear2Pay
June 19, 2014

VeriFone mobile app now available in Philadelphia taxis
June 19, 2014

Delta Financial to offer interest-bearing Bitcoin accounts
June 19, 2014

Moneris PAYD PRO enables businesses to accept payments on the go
June 18, 2014

CIBC mobile payment app expanding to Bell smartphones
June 18, 2014

Italy eyes Bitcoin for regulated trade 
June 17, 2014

TigerDirect adds bitcoin payment in Canada
June 17, 2014

GlobalOne introduces ‘Auto Account Updater’ for optimizing recurring payments
June 17, 2014

PayPal to offer its payment services in 10 new countries
June 17, 2014

Moneris to turn Toronto street corners into mobile corner stores
June 16, 2014

Discover to implement anti-money laundering procedures
June 16, 2014

PayPal launches PassPort
June 13, 2014

Startup Canada names EY ‘Professional Services Organization of the Year’
June 13, 2014

Byun now chief compliance officer at BitPay
June 13, 2014

Fawry to organize financial inclusion conference in Egypt
June 12, 2014

Expedia to accept Bitcoin
June 12, 2014

HSBC retains top rankings in Asiamoney’s ‘Offshore RMB Poll 2014’
June 12, 2014

Floum joins the board at Credorax
June 12, 2014

Toronto startup brings mobile payments to higher-end restaurants
June 12, 2014

Gonsalves now chief financial officer at Cambridge Mercantile
June 11, 2014

Yazdanjoo heads global product development at Spire
June 11, 2014

Clear2Pay builds out its payment solutions
June 10, 2014

Mr. Gas selects Ackroo as its card provider
June 10, 2014

Clear2Pay calls for innovation
June 10, 2014

Ontario Convenience Store Association selects Zomaron for payment processing
June 9, 2014

American Express and Uber launch mobile loyalty program
June 9, 2014

Zirkle to lead industry affairs at ETA
June 9, 2014

iOS 8 Scans Credit Card For Online Purchases
June 9, 2014

FIME receives quality assurance accreditation
June 5, 2014

Integrated receivables have QR code capability
June 4, 2014

Top applicant of ‘Retail as a Career Scholarship Program’ announced
June 4, 2014

P$ mobile service app service fees reduced
June 4, 2014

Steinbach Credit Union partners with Everlink
June 4, 2014

Security Blanket wins PayPal's ‘Battle Hack’
June 3, 2014

CAN Capital launches small business platform
May 28, 2014

Pivotal Payments expands its Canadian card acceptance platform
May 28, 2014

Toronto Star leverages remote cheque deposit
May 23, 2014

Tim Hortons launches mobile payments
May 22, 2014

InComm, Peoples Trust launch prepaid card
May 21, 2014

iZettle to provide POS to Nordea
May 21, 2014

HP expands retail portfolio with leading-edge POS systems
May 21, 2014

First West Credit Union to pilot Everlink Instant Card issuance solution
May 20, 2014

MasterCard acquires India-based ElectraCard Services
May 19, 2014

Datacard Group introduces card validation program
May 13, 2014

Payfirma integrates with LemonStand for the ultimate brick and click solution
May 9, 2014

nTrust partners with Estimote for contactless m-payment solution in Canada
May 8, 2014

New personalization validation tool for Visa cards and mobile payment
May 8, 2014

FIME expands services to offer comprehensive PCI PTS testing
May 8, 2014

Bell, RBC m-payment service available to 4 more devices
May 2, 2014

Blackhawk Network launches virtual gift cards on smartphones in Canada
May 2, 2014

A new way to shop for credit cards in Canada
April 30, 2014

hyperWALLET launches direct-to-bank payment services in Malaysia and Chile
April 29, 2014

DeRodes to lead Target IT initiatives
April 29, 2014

FIME launches customized EMV chip migration consulting to
U.S. payments issuers, acquirers

April 25, 2014

Scotiabank named 2014 model bank for global cash management payments innovation
April 21, 2014

EVO Payments International and PAY.ON form a technology partnership to provide a quick interface for SME merchants
April 15, 2014

Everlink to mark 10 years of delivering payment innovations
April 14, 2014

Rogers customers can change the way they pay with launch of suretap wallet
April 11, 2014

FIME launches global TSM test tool to support NFC interoperability
April 4, 2014

First Data, MasterCard join forces to drive EMV implementation in the US
April 4, 2014

VeriFone mobile payment solutions are Visa ready
April 3, 2014

Global Payments expands integrated solutions into Canada
April 2, 2014

Global Payments to offer MasterPass to North American merchants
March 31, 2014

Debit card fraud suspects nabbed in $1M bank ATM scam
March 28, 2014

VeriFone welcomes new member to Board of Directors
March 26, 2014

FIME RF Test Bench approved by NFC Forum
March 26, 2014

Payza forms strategic partnership in Canada
March 21, 2014

MasterCard and Maple Leaf Sports & Entertainment launch interactive digital experience
March 19, 2014

Burger King to deploy m-commerce service
March 19, 2014

Creditron unveils unique virtual batching capability
March 18, 2014

PayWith introduces the revolutionary mCard
March 13, 2014

Payza forms strategicpartnership in European Union
March 13, 2014

Digital tipping and ‘shake to pay’ are new features coming with starbucks enhanced app for iPhone
March 12, 2014

Ackroo signs partnership agreement with InfoNet Technology Corporation
March 11, 2014

Pivotal Payments acquires key assets from Capital Processing Network LLC
March 10, 2014

NACHA announces addition of new programs to PAYMENTS 2014 agenda
March 7, 2014

VeriFone wins 2014 MPE Award for mobile point of sale solutions
March 7, 2014

DCR Strategies and NextView Technologies partner on quickly deployable "Next Generation" rewards
March 7, 2014

NPCI appoints FIME to set up the certification body for India’s payment scheme, RuPay
March 6, 2014

Optimal Payments launches its new NETELLER service & Net+ Card in the U.S.
March 3, 2014

Creditron announces electronic check and check skirt separation for remittance, lockbox processing operations
February 28, 2014

Moneris to enable UnionPay acceptance for Canadian merchants
February 28, 2014

Women in Payments call for speakers
February 27, 2014

MasterCard to acquire mobile transactions technology provider C-SAM
February 26, 2014

Royal Canadian Mint selects SecureKey for digital currency authentication
February 24, 2014

MasterCard launches MasterPass in-app payments for secure mobile app purchases
February 24, 2014

RentMoola to power SHIFT's condo payment solution
February 20, 2014

Ingenico,Samsung team up to provide m-payment solutions
February 20, 2014

G&D enables contactless payments in Australia
February 20, 2014

BMO closes the door on bitcoin businesses
February 19, 2014

MasterCard teams with Points International to offer cardholders enhanced rewards
February 18, 2014

Agilent Technologies and FIME to deliver advanced test tools for mobile payments
February 18, 2014

Canada to become a significant e-commerce market
February 14, 2014

Optimal Payments named Best Payment System at iGB Affiliate awards
February 10, 2014

Hybrid PayTech World Inc signs exclusive MPOS supply agreement
February 7, 2014

RDM Releases new Simply Deposit Mobile® platform
February 5, 2014

Quebec's first Bitcoin ATM opens in Montreal
February 5, 2014

Optimal provides merchants’ affiliates with ability to earn additional commissions
February 5, 2014

Counterfeit mobile phones a US$6 billion drain on global economy
February 4, 2014

Moneris names new Chief Operations Officer and Chief Product and Marketing Officer
January 31, 2014

Amazon set to launch POS payment system   
January 30, 2014

Sinergia expands service offerings to the Banche di Credito Cooperativo Network in Italy   
January 30, 2014

Payza launches new features in the UK
January 28, 2014

Zomaron Inc. to provide Payment Processing solutions to Vet Alliance™
January 27, 2014

KryptoKit adds Bitcoin merchant directory
January 27, 2014

EVO Payments, ReD to provide international fraud solution
January 24, 2014

Heartland partners with AJB to reduce transaction costs for merchants
January 22, 2014

CIBC brings industry-leading mobile payment app to three more popular devices
January 22, 2014

Russian teen accused of writing Target malware
January 20, 2014

Apple patents m-payments method
January 17, 2014

OpenText completes acquisition of GXS
January 17, 2014

MasterCard Canada spending pulse reports highest rate of online transactions to date
January 16, 2014

EMVCo expands scope to develop tokenisation specifications
January 16, 2014

AnywhereCommerce, Microsoft team up for mPOS solutions
January 15, 2014

Software-based suite of products provides comprehensive cardholder data security
January 15, 2014

Heartland partners with AJB to reduce transaction costs for merchants
January 14, 2014

Optimal Payments announces merchant acquiring agreements with MasterCard Europe and Visa Europe
January 9, 2014

Vivonet adds to multi-channel restaurant POS solutions with new consumer self-ordering product
January 7, 2014

Bill Ranta joins Pivotal Payments as Senior Vice President, Global Acquiring
January 7, 2014

Moneris to streamline payment process for merchants
January 6, 2014

Past News

 Industry Events

News In Depth

Payment fraud remains top concern for Canadian travel agents

February 3, 2016--Payment fraud remains the top concern for travel agents, exclusive research commissioned by eNett International reveals today. World leading market research company, Euromonitor, interviewed leading travel agencies across Canada and found fraud prevention remains the key priority when it comes to supplier payments. Designed to gain an insight into Canada's current supplier payments landscape, the study showed current industry trends are forcing agents to reassess their payment methods. For example, Canadians continue to make more international trips, and to more exotic destinations. In 2013 alone, over CA$30 billion was spent overseas. Consequently, agencies need to make more payments to previously unknown suppliers, in riskier locations.

D+H achieves first by applying distributed ledger blockchain technology to global payment services hub

February 3, 2016--DH Corporation, a leading provider of technology solutions to financial institutions globally, has successfully integrated blockchain distributed ledger technology into its global payments services hub. D+H is now in active discussions with banks to implement this payment solution with integrated blockchain capabilities

VersaPay receives Revenu Quebec reassessment proposal

February 2, 2016 -- VersaPay Corporation has received proposal letters from Revenu Quebec (RQ) in which RQ is proposing to reassess VersaPay under various rules contained in the Excise Tax Act and the Quebec Sales Tax Act in relation to the Company's 2008 to 2014 tax years. The potential for the proposed reassessments has been anticipated and has been previously disclosed by the Company.

Calgary Marriott Downtown mobile key sends guests straight to their rooms

February 2, 2016 -- Checking into and accessing a guest room is faster and easier for Marriott Rewards members at the Calgary Marriott Downtown, thanks to the launch of the new Mobile Key App. Using mobile technology, smartphones now act as a room key, allowing guests to bypass the front desk and go straight to their rooms.

Tightening the screws on loyalty programs would penalize consumers instead of helping them, MEI

February 1, 2016 -- Regulating credit card loyalty programs in order to protect Canadian consumers would entail perverse effects that would harm those consumers, as experiences elsewhere in the world have shown, explains an Economic Note published today by the MEI.

ReUp helps independent businesses create branded loyalty payment apps

February 1, 2016 -- ReUp, a digital application that lets business owners build their own branded loyalty payment app for iOS and Android devices, has launched in Canada, helping local businesses connect with and reward customers using a mobile payment platform.

Voleo Inc. sole Canadian company accepted into Accenture's esteemed FinTech Innovation Lab London

February 1, 2016 -- Vancouver-based fintech company Voleo Inc. has announced that it has been selected to participate in the world's leading fintech accelerator program - Accenture's FinTech Innovation Lab. Taking place at Level39 in London between January 6 and April 7, 2016, Voleo will work alongside 14 other startups from around the globe with the likes of HSBC, Barclays, Santander, RBS Group, Lloyds Banking Group, Deutsche Bank and JP Morgan. Each participant will be immersed in the intensive program intended to nurture and progress new technologies for the financial services sector.

US retailer survey reveals fewer than 10 percent of retailer respondents are EMV-compliant; security also a major concern

January 28, 2016 --Payments security is a core area of concern for retailers, according to new research from ACI Worldwide. The survey of 200 retail industry professionals was conducted in January 2016 at the National Retail Federation’s Annual Convention and Expo, “The Big Show.”

Bond Brand Loyalty calls new program "game-changing" solution for North American banks

January 27, 2016--Bond Brand Loyalty has rolled out an innovative new solution to help North American banks lead in the competitive landscape of reward and loyalty programs, all while offering bank customers a near "endless aisle" of instant redemption with leading retail brands. Better yet, the standalone rewards app requires no large-scale retailer POS integration or associated expense.

TIO wins two awards at Cantech for second consecutive year

January 27, 2016--TIO Networks Corp, a Canadian multi-channel bill payment and receivables management technology provider, won Cantech Letter's 2015 TSX.V Tech Stock of the Year award, and CEO Hamed Shahbazi the Cantech Letter TSX Venture Executive of the Year award. This is the second year in a row TIO has received both prestigious awards.


ACT Canada promotes Andrea McMullen to president

January 25, 2016--ACT Canada has promoted Andrea McMullen to the position of president, while former president Catherine Johnston will remain as CEO. In her new role McMullen will be responsible for implementing high-level strategies, making major corporate decisions, managing the overall operations and resources of the association and directing its growth.

Canadians break holiday online shopping records in 2015

January 25, 2016 -- Canadians shopped online in record numbers during this year's holiday shopping season. For the first time in Canadian eCommerce history, the combined online share of sales in November and December 2015 totalled 9.8%, according to MasterCard SpendingPulse, which looks at Canadian retail sales across cards, cash and cheques to offer detailed insight into consumer spending trends. November and December 2015 were both record-breaking months. In November, online sales accounted for 9.7%, the highest in Canadian eCommerce history. This record was broken in December when online sales climbed to 9.9% of total retail sales, up from 8.6% in 2014.


ParkJockey, PayByPhone partner to help drivers more easily locate, reserve and pay for parking using their smartphone

January 22, 2016 -- PayByPhone, the world leader in mobile payments for parking has joined forces with parking location and reservations provider ParkJockey to deliver parking services to parking authorities, parking operators and consumers.

Should sales taxes be applied to all of Canadians' online purchases?

January 22, 2016 -- As Canadian consumers get ready to enjoy some Cyber Monday sales, an MEI publication points out that the non-collection of sales taxes on Canadians' online purchases from foreign websites has both advantages and disadvantages. This tax avoidance places our online retailers and brick-and-mortar stores at a disadvantage through a kind of unfair competition, but it increases the real incomes of consumers.

Cybersecurity incidents In Canada increased by 160 percent year over year according to PwC Canada

January 22, 2016 -- According to PwC's Global State of Information Security® (GSISS) Survey 2016, Canadian companies are taking steps towards establishing holistic, integrated safeguards against cyberattacks. While investment in safeguards against cybersecurity threats have increased by 82% year over year, it still accounts for an average of only five per cent of overall IT (Information Technology) spending.

Rob McClean named new Amex president & CEO

January 22, 2016 -- Amex Bank of Canada has announced the appointment of Rob McClean as President & CEO of Amex Bank of Canada, and President and General Manager, Amex Canada Inc. Mr. McClean takes this role after serving as Senior Vice President & General Manager of Small Business & Lending for Global Network & International Card Services.

EvoMarketPlace invests in Montreal-based e-commerce company Tempt Brand

January 22, 2016 -- EvoMarketPlace has invested in the Montreal-based e-commerce company Tempt Brands. This partnership will financially support Tempt Brands' online store and will diversify EvoMarketPlace's portfolio of services.

DirectCash Bank now offering Bulk Interac e-Transfer service to business clients

January 22, 2016 -- DirectCash Bank (DC Bank) and Interac Association/Acxsys Corporation (Interac) have announced the launch of Interac e-Transfer bulk disbursement ("Bulk Interac e-Transfer") for all of DC Bank's business customers. This enhanced solution extends the core Interac e-Transfer service into the commercial space by offering businesses a secure, cost-effective alternative to cash, cheque, or prepaid card disbursements for their customers.

Aspire Travel World Elite MasterCard is Canada's number one travel points card with an annual fee

January 22, 2016 -- The Capital One Aspire TravelTM World Elite MasterCard® has been named Canada's top travel points card with an annual fee as announced by Rewards Canada in its annual rewards credit card is a leading online resource for news and information about travel rewards cards and loyalty programs. Its popular annual rewards card ranking provides Canadian consumers with information and expert advice on the best travel rewards cards to suit their needs.

nanoPay acquires MintChip from the Royal Canadian Mint

January 22, 2016 -- The Royal Canadian Mint is pleased to announce that all assets related to MintChipTM, a digital currency product developed by the Mint, have been sold to Loyalty Pays Holdings corporation – a wholly owned subsidiary of nanoPay, a fully-integrated loyalty and payments platform provider.

Aeroplan members can now earn miles with Toyota Canada

January 22, 2016 -- Aeroplan has announced that members can start earning miles across the full automotive customer journey on all Toyota and Scion vehicles in Canada. As part of its new partnership with Toyota Canada Inc. (TCI), Aeroplan Members can earn the following...

Moneris launches business-to-business payment solutions to optimize commercial card acceptance

January 21, 2016--Moneris Solutions Corporation, one of North America's largest processors of debit and credit card payments, will be providing electronic payment processing solutions to the business-to-business (B2B) marketplace in Canada, currently valued at $2.8T.1 B2B payments refer to any payment conducted between two companies, rather than between a company and individual consumer. Moneris' B2B payment solutions will enable businesses to accept electronic payments from commercial customers and help move them away from less efficient invoicing and paper-based systems.

With addition of Desjardins, MasterCard now only network offered by all major financial institutions in Canada

January 16, 2016--On January 18, 2016, Desjardins will begin issuing MasterCard credit cards, giving MasterCard distinction as the only payment network in Canada to be offered by all major financial institutions.

Canadian shoppers wooing digital payments, kissing cash, cheques goodbye

December 21, 2015--Canadian shoppers are more interested in paying via digital methods and, thus, cash and cheque payments register a steady decline, a recent research study reveals.

Majority of Canadians use favoured credit card for most holiday purchases

December 10, 2015 --A new TransUnion analysis found that the majority of Canadian consumers show loyalty to one credit card even as their spend increases during the holiday season.

Wal-Mart enters mobile payment with launch of Walmart Pay

December 10, 2015--Wal-Mart Stores Inc has launched 'Walmart Pay,' to become the first U.S. retailer to offer its own payment feature to expand consumer payment options and increase the speed of checkouts.

iPayment, Inc., CAN Capital partner to offer small business access to working capital

December 10, 2015--CAN Capital, Inc., a provider of alternative small business finance, and iPayment, Inc., a provider of payment solutions and processing services, today announced a partnership to provide over 150,000 small businesses currently working with iPayment the ability to apply for access to flexible financial solutions to help them grow their businesses.


Apple Pay now available to merchants on the GlobalOnePay platform

November 24, 2015--GlobalOnePay, a leading provider of omni-channel payment processing technologies and merchant services, now supports Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient.

NACHA launches a web-based ISO 20022 resource center

November 20, 2015--As a leader in the U.S. movement to standardize payments using ISO 20022, NACHA—The Electronic Payments Association® announced today that it has launched a comprehensive resource center featuring programs, ACH integration tools and educational resources to better inform the U.S. payments industry.

Identity theft, payment fraud, data privacy concerns remain the biggest barriers to mass adoption of mobile payment services

November 18, 2015--INSIDE Secure has announced the results of a survey about consumer in-store mobile payment trends by Research Now. Evaluating the mobile payment preferences of 1,217 consumers from the U.S., the survey revealed that 17 percent of respondents who did not make holiday purchases with their mobile phone last year, plan to use a payment service such as Apple Pay, Android Pay, Samsung Pay or a proprietary service from their bank or card issuer to make the leap to mobile payments this holiday season. People who will not be using their mobile device to make in-store purchases cite identity theft, payment fraud and privacy concerns as the primary reasons.

Online retail fraud attempts increased in past year

November 18, 2015-- As retailers and consumers prepare for the holiday shopping season, they should brace for a higher level of fraud online and across all channels, according to new benchmark data from ACI Worldwide. The data, based on hundreds of millions of transactions from large global retailers, forecasts consumer behavioral shifts and warnings ahead of this year’s holiday shopping season.

Jumping on the latest mobile payment platform might not be so good for banks and other FIs

November 18, 2015--Apple Pay created plenty of buzz when it launched last year. Since then Android and Samsung have followed suit with their own payment app alternatives.

Apple Pay now available in Canada

November 17, 2015 --Apple Pay is now available in Canada to American Express users and has also added new partners in the UK.

Optimal Payments now Paysafe in global rebrand

November 11, 2015 --Optimal Payments, one of the world’s leading global payment solution providers, has announced its new brand identity and company name, Paysafe. The company’s purpose is to offer relevant solutions for every payment eventuality.

Connected Canadians embrace commuter commerce

November 11, 2015--A benchmark study from PayPal Canada and Ipsos reveals that, ‘commuter commerce’, a new shopping behaviour where people shop from their mobile phones while on public transport, is a new retail trend in Canada. Today, 14 per cent of mobile connected commuters shop while in transit, and three in four Canadians (76%) would consider buying a wide-range of products if mobile shopping options were easily available.

ACT Canada congratulates ‘IVIE Awards’ winners

November 10, 2015--ACT Canada, the stakeholder association driving payment evolution and digital identity, has announced the winners of the ‘IVIE Awards’, which celebrate innovation in payments and secure identity products using secure chip technologies. The awards recognize the ingenuity of the winners and the value that implementations of emerging technologies bring to the market

Payfirma announces beta for bitcoin API

November 6, 2015--Payfirma Corp., a Vancouver-based multichannel payments company, is launching their Bitcoin API that allows businesses to accept Bitcoin along with other traditional payment methods. This beta is available for qualified merchants.

AFEX, Centtrip to launch currency prepaid MasterCard

November 4, 2015--AFEX, a non-bank provider of global payment and risk management solutions, has partnered with prepaid card and e-money business Centtrip, to launch its AFEX CurrencyPass Prepaid MasterCard and e-money account. The service, available to AFEX’s corporate and SME clients, offers live market rates on 14 currencies in one account and one card.

Creditron white paper details how automation solves cash application challenges

November 3, 2015--Creditron, a provider of payments automation and receivables management solutions, has announced the release of an educational white paper titled, “4 Ways Automation Solves Cash Application Challenges.”

Sensibill brings digital receipts to Canada’s retail banks

November 3, 2015--Retaining and managing paper receipts has been a cumbersome chore for many Canadians until now. Sensibill Inc., a premier solutions provider of digital receipt services announces it will pilot its platform ‘Receipts’ with RBC (Royal Bank of Canada), Bank of Nova Scotia (Scotiabank), BMO Financial Group, and Tangerine Bank (Tangerine). Partner banks expect to begin production with some aiming to roll out Receipts powered by Sensibill in 2016.

Pivotal Payments announces EMV certification for its FlexPoint integrated payment processing platform

October 30, 2015--Pivotal Payments, a leading provider of technology-driven global payment processing solutions, today announces it has certified FlexPoint , its proprietary integrated payments platform , with Visa, MasterCard and American Express card networks, becoming one of the few card processors in North America to achieve this coveted designation. FlexPoint’s point-of-sale (POS) terminal hardware and software combination now offers the highest level of security available to protect against card-present data fraud. 

FIME to offer MasterCard cloud-based mobile payment application testing services

October 27, 2015--FIME today announces that its EMEA testing laboratory, in France, has been accredited by MasterCard to offer functional testing to mobile payment solution providers and payment issuers developing applications based on the MasterCard Cloud Based Payments (MCBP) specifications.

GlobalOne partners to provide payment processing for mPOS solution

October 27, 2015--GlobalOne, a provider of payment processing technologies, has announced it has partnered with Flight System Consulting (3753.T), Japan’s largest mobile point of sale (mPOS) provider. Flight System Consulting has launched INCREDIST Premium, a tablet-linked mPOS solution, in the U.S. 

Scotiabank first Canadian Bank to launch Bulk Interac e-Transfer service

October 26, 2015--Scotiabank and Interac Association/Acxsys Corporation has announced the launch of Bulk Interac e-Transfer for Scotiabank’s business banking customers. This service extends the Interac e-Transfer service to Scotiabank’s business banking customers by offering a streamlined, secure and cost-effective alternative to cash, cheque or prepaid card disbursements.

Diebold software innovation slashes fraud exposure

October 26, 2015 --Diebold, Incorporated, in partnership with SimplyTapp, a mobile near field communications (NFC) payment and host card emulation (HCE) technology company, are continuing to securely connect the digital and physical worlds of cash with a secure, white-label mobile wallet offering.

Kount awarded ‘Retail Security Initiative of the Year’

October 22, 2015--Kount, a leading provider of fraud detection and sales boosting technology, is proud to announce that it has again won the ‘Retail Security Initiative of the Year’ award at the Retail Systems Awards.

Scotiabank builds digital factory

October 21, 2015--Canada's Scotiabank is opening a 'digital factory' in downtown Toronto, ON, to house 350 technology staffers dedicated to designing and delivering innovative digital services. The new centre, set to be fully operational by the middle of next year, will bring together a network of teams focussed on transforming how the bank delivers services in a digital age.

Canadian consumers are aware of mobile payments, but only one in 10 are regular users

October 21, 2015--Although mobile payments awareness is on the rise, Canadians are lagging their U.S. counterparts when it comes to both awareness and adoption, with only 10 per cent of Canadians using their mobile phones to make payments at least weekly, compared with 19 per cent of their U.S. peers, according to a new report from Accenture.

Pivotal Payments' FlexPoint takes the POS out of PCI Compliance Scope

October 20, 2015--Pivotal Payments, a leading provider of technology-driven global payment processing solutions, has released a white paper written by Coalfire, a leader in cybersecurity risk management and compliance services, describing how the FlexPoint integrated payments platform allows developers to achieve an "out of scope" solution for their point of sale (POS) applications.

Citi expands Citi Payment Exchange into Canada

October 19, 2015--Citi has launched Citi Payment Exchange, its integrated and highly flexible institutional payment-processing solution, in Canada. This follows the successful launch of the service in the U.S. in 2012.

Canadian money transfer market hits $30 billion, according to Tempo

October 15, 2015---Experts for Paris-headquartered international remittances provider, Tempo Money Transfer believe Canada is currently one of the most dynamic and lucrative segments in the global money transfer market. Jeffrey Phaneuf, president for the France-based company, said that according to the company estimations, the volume of the market is currently in the range of $30 - $32 billion with the potential to grow further.

Cambridge Global Payments appoints McDonald as CEO, announces new leadership team

October 14, 2015--Cambridge Global Payments, a provider of integrated cross-border payments services and risk management solutions, is pleased to announce the following, effective immediately:

Visa teams up with FireEye to launch cyber intelligence programme

October 14, 2015--Visa has announced the launch of a threat awareness programme that looks to assess and combat cyber-attacks that constantly threaten payment systems around the world.

Computop, CardinalCommerce partner to enable retailers to minimize fraud

October 14, 2015--Computop, a leading payment service provider (PSP), and CardinalCommerce, the global leader and pioneer in the remote payments industry since 1999, today announced a global strategic partnership that will help retailers improve their authorization rates and reduce their fraud risk.

Hyperwallet introduces payout APIs

October 6, 2015--Hyperwallet Systems Inc, a leading global payouts provider to millions of independent workers, will announce its new suite of payout APIs this week at FinDEVr 2015, the premier event for financial technology developers. The company will also begin a private beta to coincide with the announcement, wherein select clients and prospects will have an opportunity to work with the Hyperwallet development team and sample the APIs ahead of the public release.

Forget your password: RBC can identify clients based on their voice

October 5, 2015--After a successful pilot project last summer, Royal Bank is rolling out ‘voice biometrics’ technology that can identify clients who phone the bank’s call centres in a matter of seconds.

Two-thirds of consumers find location-based rewards appealing

October 5, 2015--Most Canadian shoppers are using their smartphones to assist them while shopping and would like businesses to send them location-based offers and rewards, reveals a new report from the Canadian Marketing Association (CMA) and LoyaltyOne.

Fraud related operational expenses top $10 million for digital merchants

October 2, 2015-- In addition to typical fraud costs, such as the loss of goods and chargeback fees, merchants that sell digital goods each spend an average of $10.1 million every year on fraud-related costs, and spending will likely increase in the coming months, says ‘ The Impact of Fraud and Chargeback Management on Operations’, a study on behalf of Vesta Corporation, a company involved in the field of card-not-present (CNP) transactions.

Visa, The Princess Margaret Cancer Foundation team up for pilot fundraising project

October 1, 2015--Visa Canada and The Princess Margaret Cancer Foundation teamed up for a pilot project that enables the first contactless donations in Canadian fundraising history using a standalone smartphone. Armed with Mobeewave technology-enabled phones backed by Global Payments, Foundation staff is collecting donations from players re-registering for next year's tournament at the annual Road Hockey to Conquer Cancer tournament at Toronto's Woodbine Race Track.

Everlink Payment Services Inc. brings XAC POS terminals to Canadian merchants

September 30, 2015--Everlink Payment Services Inc., a leading provider of comprehensive, innovative and integrated payment solutions and services for merchants, credit unions, banks and ISO’s, has certified the XAC Automation Corporation’s suite of POS Terminals in Canada. By partnering with XAC, Everlink is able to provide its Canadian merchants and partners with an extensive line-up of cutting edge and cost-effective POS options.

Bell ID first to be certified for cloud mobile payments by three of the largest payment schemes

September 30, 2015--Mobile payments specialist, Bell ID, today announces that its host card emulation (HCE) mobile solution has been certified by three of the largest global payments schemes. Bell ID is the first vendor to receive approval from three schemes for its HCE platform, offering its customers the broadest range of options available on the market today.

First Data strengthens digital wallet leadership with support of Samsung Pay

September 29, 2015--First Data Corporation, a global leader in commerce-enabling technology and solutions, continues to build its digital wallet leadership as it supports Samsung Pay, now available for in-store use in the U.S. Samsung Pay will be accepted across First Data’s point-of-sale devices, including the innovative Clover® family of business management solutions. First Data’s STAR Network, the largest independent debit network, will also support Samsung Pay.

Ingenico Group eBook breaks down the EMV liability shift

September 22, 2015--Ingenico Group, a provider of payment solutions, has released an eBook: “Breaking Down the EMV Liability Shift - Who's Liable for What & When.”  Authored by EMV expert Allen Friedman, vice-president of payment solutions, North America at Ingenico Group, the eBook clearly describes over three succinct chapters.

Aeroplan, Cossette: Behind your plan

September 18, 2015--Aeroplan, Canada's premier coalition loyalty program, has launched a new national integrated mass media campaign, bringing to life its new brand positioning – the result of a thorough process that began with extensive consumer research.

Modernizing Canada’s payment system requires a holistic approach

September 18, 2015--As part of its initiative to modernize Canada's core national clearing and settlement framework and infrastructure, the CPA is creating a shared vision for the future of payments in Canada based on research, a global perspective, and industry views.

First Data extends relationship with Google to support Android Pay

September 18, 2015-- As Google continues its roll out of Android Pay, First Data Corporation, a commerce-enabling technology and solutions provider, is the launch collaborator supporting the new service for in-store transactions. First Data will provide processing solutions for Android Pay that ensure a safe, secure transaction at the point of sale, enabling payment with a single, contactless tap.

Contactless payments go mainstream in Canada

September 18, 2015--Contactless payments are rapidly becoming a mainstream payment option for Canadian consumers, says a new study published by Technology Strategies International Inc. The report, ‘Canadian Payments Forecast – 2015’, estimates that the number of contactless payments transactions has increased by almost 150 per cent over the past year, fueled, in part by the rapid rollout of Interac Flash cards by some financial institutions. 

Optimal Payments partners with Emergent Payments

September 17, 2015--Optimal Payments, an online payment solutions provider, has partnered with Emergent Payments, a global payments company that enables digital businesses to accept secure payments around the world, to integrate the NETELLER service and Net+ Card Stored Value solutions into Emergent Payments’ offering.

Collabria announces new partnership with Kawartha Credit Union

September 15, 2015 --Collabria Financial Services Inc. (Collabria), a provider dedicated to offering unique credit card solutions to Canadian credit unions and community banks, recently announced a partnership with Kawartha Credit Union (Kawartha) to offer a flexible credit card portfolio to its 50,000 members across Central and Eastern Ontario. Along with a new credit card platform, Kawartha will also partner with Collabria to provide members with fraud monitoring, robust rewards and innovative technologies.

TSYS releases ‘2014 Canadian Consumer Payment Choice Study’

September 4, 2015--Canada’s payments industry is driven by stability, characterized by concentration, and tends toward technical standardization, says a TSYS study. In January of this year, TSYS conducted two focus group studies in Toronto, ON and in February conducted an online survey of just more than 1,000 respondents.

Verifi expands cardholder dispute resolution network (CDRN)

September 4, 2015--Verifi, Inc., a provider of payment and risk management solutions for card-not-present merchants, has announced the appointment of payment industry and product management veteran, Manav Gupta as Vice-President, Issuer Products. Gupta will focus on product innovation and strategy to extend Verifi’s Cardholder Dispute Resolution Network (CDRN) market leadership.

Two in five Americans use mobile banking monthly

September 3, 2015--Two in five Americans (39 per cent) use a mobile device to manage their bank account at least once per month and nearly half of mobile device owners (45 per cent) do so, according to a recent survey by the American Bankers Association.  

Dailymotion selects Payoneer for cross-border mass payouts

September 1, 2015--Payoneer, Inc., a global cross-border payments company, has been selected by Dailymotion, a video sharing platform, to facilitate mass payouts to its global network of creators and partners. With Payoneer’s fast, secure and cost-efficient solutions, Dailymotion’s network of video creators and partners in developed and emerging markets can now get paid globally as easily as they do locally.

EMVCo appoints director of technology

September 1, 2015--EMVCo, the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions by managing and evolving the EMV Specifications and related testing processes, has announced the appointment of Bastien Latgé to the newly created role of EMVCo Director of Technology.

Samsung Pay beta test launches in U.S.

September 1, 2015--Samsung is inviting people in the U.S. to trial a beta version of Samsung Pay, its mobile payment feature that’s due to launch late next month.

Everlink announces new pin station sharing solution for credit union partners

September 1, 2015--Everlink Payment Services Inc. announced today the release of their new PIN Services Locator that allows cardholders, of client credit unions that enroll in the program, to quickly and easily locate a participating credit union and perform Personal Identification Number (PIN) Changes to their debit card at that credit unions’ in-branch PIN Station.

Canadian Payments Association launches initiatives to support modernization of Canada's payments system

August 7, 2015--The Canadian Payments Association (CPA) announced today two key initiatives to support its   multi-year project to modernize   Canada's core payments infrastructure. The CPA has begun a process to create a shared industry vision for the future of payments, and at the same time, is launching a public consultation on the introduction of a new global payments messaging standard.

ABnote, Above Mobile launch first complete wallet solution for android users

August 4, 2015--American Banknote Corporation and Above Mobile have launched the first complete wallet application for Android users, with the addition of ABnote’s secure mobile payments platform to PassWallet. ABnote’s payments solution not only provides non-Apple users an all-inclusive experience with PassWallet™, but also enhances how businesses reach their Android customers.

Pivotal Payments becomes principal member of UnionPay International

August 4, 2015--Pivotal Payments, a provider of technology-driven global payment processing solutions, has announced its acceptance as principal member of UnionPay International, a subsidiary of China UnionPay, the largest card issuer in the world. The partnership offers Pivotal's merchants more payment options with the ability to target the world's biggest online retail markets and the fastest growing payment scheme globally.

SNL Financial ranks largest banks

August 4, 2015--SNL Financial has released its annual ranking of the world’s largest banks by total assets, finding that China now has four of the five largest banks in the world after weakening currencies pushed French and Japanese companies out of the top five this year.

ICC Solutions features in book
celebrating British history

July 30, 2015 --ICC Solutions, a payment testing and certification solutions provider, is pleased to feature in a new book from the History of Parliament Trust, titled ‘The Story of Parliament: Celebrating 750 years of parliament in Britain’.

MasterPass expands travel industry acceptance

July 30, 2015-- Whether booking a flight, train or vacation cruise online, travelers want to save time and avoid hassles when they reach the checkout phase of their purchase. Today, MasterCard announced that more travelers around the world will be able to check out quickly and securely now that several new transit and travel retailers are offering MasterPass.

How America pays in 2015

July 29, 2015--Shoppers are using a larger variety of payment options with digital and mobile payments serving as supplements to the traditional cash and card-based payments tools, according research released by Blackhawk Network.

TD Bank, MasterCard partner to drive innovative payment solutions

July 29, 2015--TD Bank, America's Most Convenient Bank, has announced an agreement with global payments technology company MasterCard to route debit and prepaid card transactions over MasterCard's Maestro network.

Visa invests in Stripe

July 29, 2015--Visa has provided Stripe Inc., an online payments processor, with an investment that forms a part of a $100 million funding round valuing the startup at $5 billion.

Canadian Payments Association (CPA) announces new board of directors and governance model

July 24, 2015--The  Canadian Payments Association  (CPA) has announced the election of a new  Board of Directors  pursuant to legislation adopted by Parliament last December. The new board will be chaired by  Eileen Mercier , who will be supported by a carefully recruited team of accomplished Canadian and international payments, public policy, business, and technology experts.

Solution powers multi-payment card

July 24, 2015--CSR plc has announced that its CSR1013™ technology has been used by BrilliantTS, a leading manufacturer of smart hardware and software solutions, to create a multi-payment card. This enables simple and secure credit and debit card payments by connecting to a smartphone using Bluetooth.

Bank marketers and retail execs to examine their role in a changing industry

July 22, 2015--In an era of significant economic, regulatory and cultural changes, the traditional retail banking model is evolving.  Retail bankers, marketers and executives from across the nation will gather October 4 to 6 in Denver at HiX 2015 — the American Bankers Association Marketing and Retail Conference – to discuss trends and focus on their role in transforming the delivery of banking services to meet the needs and expectations of their customers.

InComm, Gemalto deliver secure prepaid mobile NFC payments

July 22, 2015--InComm, a prepaid product and transaction services company, and Gemalto , a digital security provider, have announced a strategic initiative to offer secure prepaid mobile NFC payments. The InComm Mobile Platform (IMP) enables mobile wallet providers and merchants to streamline the deployment of prepaid contactless payments.

Ethoca secures growth equity investment

July, 20, 2015--Ethoca, the industry standard for collaboration-based technology solutions that help card issuers and online merchants increase card acceptance and stop ecommerce fraud, has announced a USD $45 million minority growth equity investment led by Spectrum Equity.

Volante Technologies launches VolPay Channel 

July 14, 2015--Volante Technologies Inc., a provider of financial message and data integration, validation, and processing software, continues to challenge the current approach to payments processing dominated by legacy systems, by announcing today the launch of their latest payments processing product – VolPay Channel.

Payment Alliance, CardFlight to provide EMV mPOS solutions

July 14, 2015--Payment Alliance International (PAI), a leader in electronic payment processing solutions, and  CardFlight, a top mobile point of sale (POS) technology provider, today jointly announced they have entered into a partnership agreement for EMV mobile POS (mPOS). PAI will offer CardFlight’s EMV mPOS acceptance solutions to its market partner distribution network and merchant customers nationwide.

Equifax service verifies ‘smart’ devices to reduce fraudulent transactions

July 14, 2015--Equifax, the consumer and business insights expert, has launched  Equifax  Device Verifier in the UK, a service that allows businesses to protect themselves against the risk of fraudulent activity when dealing with customers online.

American Express redesigns banking app

July 9, 2015--The payment processor has  upgraded the features on its Apple and Android apps to include rewards information, fraud alert verification, and biometric technology.

Uber to use Bitcoin?

July 9, 2015--Rumours have been circling within the cryptocurrency community that Uber is working on integrating the virtual currency into its payment system.

MasterCard launches ‘Mobile Innovation Truck’

July 8, 2015--MasterCard Canada has unveiled its Mobile Innovation Truck which will serve as its mobile showcase for four of its products – MasterPass; Pay With Rewards; Qkr! By MasterCard; and ShopThis! The truck will enable MasterCard to bring its solutions to the client via the mobile showcase design. The showcase area of the truck includes four stations set up with working devices, each demonstrating one of the four solutions.

Moneris makes checkout easy

July 8, 2015--Moneris Solutions Corporation, a processor of debit and credit card payments, has announced the launch of PAYD Pro Plus, a solution that helps retailers manage sales, inventory, and customer profiles from an intuitive, customizable app. 

TNS, Verifone partner to make P2PE technology more accessible to merchants

July 7, 2015--An agreement between Transaction Network Services (TNS) and Verifone will help merchants enhance payment data security with streamlined, expedient point-to-point encryption (P2PE) technology deployment.

White paper explores the value of the trusted execution environment to mobile services security 

July 7, 2015--GlobalPlatform, an organization which standardizes the management of applications on secure chip technology, has published a white paper that introduces the Trusted Execution Environment (TEE) and examines its role in addressing an increasing number of security concerns within the expanding mobile services market.

MasterCard testing facial recognition app

July 6, 2015--Users in a MasterCard facial recognition app trial can hold their phone up as though taking a selfie to approve transactions.

Rogers expands wireless support for suretap mobile wallet in Canada

June 30, 2015--While wireless carriers in the U.S. and the UK have failed in their recent attempts to gain a foothold with in-store mobile payments, some of Canada's major telecommunications companies have joined banks and retailers in a play to give consumers more options when paying for good and services via a mobile wallet.

FIME selected by BancNet for Philippines’ EMV migration

June 30, 2014--BancNet, the largest interbank network service provider in the Philippines, has selected FIME , the world’s leading EMV ® migration service provider for domestic and international card payment schemes, to support the country’s migration to chip card technology.

PayPal, eBay set to part

June 29, 2015--Directors of online auction and e-commerce company eBay Inc. have formally approved previously announced plans to separate eBay from its big payments subsidiary, PayPal Inc. The separation becomes official July 17 when, under a stock distribution plan, eBay shareholders of record on July 8 will get one share of the newly independent PayPal for each share of eBay common stock they owned.

June 24, 2015--Technology and new game-changing players like Apple Pay are causing a “top to bottom reinvention” of banks and the traditional business model, says Victor Dodig, the chief executive of Canadian Imperial Bank of Commerce.

Starbucks' Mobile Order & Pay to expand to UK, Canada, more U.S. States

June 24, 2015--The Mobile Order & Pay app allows customers to place an order from their mobile phone, thereby skipping the line at the register. Though the app is currently available only for Apple iPhone users, Starbucks plans to introduce an Android version soon.

Tools starting to help Canadians manage finances, budget, pay

June 24, 2015--With a highly banked population and a reputation around the world for being fiscally responsible, a new survey reveals that many Canadian consumers face challenges with the current ways they manage their finances, budget and pay for goods. As a result, Canadians from coast to coast are considering new financial tools to help them solve these problems and take control of their financial lives. 

Canadian Prepaid Providers Organization (CPPO) launches
to support high-growth, multi-billion dollar prepaid market in Canada

June 23, 2015 --With a highly banked population and a reputation around the world for being fiscally responsible, Canada has a consumer population facing challenges with the current ways they manage their finances, budget and pay for goods. As a result, Canadians from coast to coast are considering new financial tools to help them solve these problems and take control of their financial lives. A new association has sprung up to serve this market.

Harlequin My Rewards offers readers personalized rewards, points for online activity

June 23, 2015--Harlequin has rolled out My Rewards, a pioneering new loyalty program that offers members exclusive opportunities to earn special rewards--including autographed books, signature gift baskets or even Skype conversations and more with favorite Harlequin authors--for buying books or social engagement with the publisher.

Suretap gains support among telecom providers, retailers, banks for launch of new mobile wallet

June 23, 2015--Suretap, a leader in open mobile wallet technology, today announced broad and growing support from Canada's leading telecommunication providers, retailers, and banks for the launch of its new mobile wallet for secure, effortless mobile transactions on-the-go.

More: Suretap open mobile wallet gets its first bank, as CIBC signs on

June 23, 2015 --CIBC is the first major Canadian bank to participate in Suretap, enabling CIBC clients to pay with their smartphone by adding any one of its credit cards to the new suretap open mobile wallet. Beginning today, some of Canada's leading wireless carriers, Bell, Rogers, TELUS, Koodo and Virgin, are offering the suretap wallet across numerous Android and BlackBerry smartphones, with other device platforms expected to follow by the end of 2015. CIBC is the only major bank to make its credit cards available on suretap, a mobile payment application that allows users to store a range of payment cards on their mobile phones to pay for everyday purchases anywhere contactless payments are accepted.

MasterCard provides tokenization support

June 18, 2015--MasterCard has announced it will offer tokenization services to merchants with app, eCommerce, and recurring billing card-on-file programs, further protecting consumers and increasing convenience when storing either MasterCard or private label payment cards in merchant databases. By expanding its Digital Enablement Services (MDES) to serve merchant’s needs, MasterCard continues to lead the industry in securing cardholder credentials – no matter where they are stored.

First Data launches all-in-one POS

June 18, 2015--Unveiling the latest of business management tools for business owners, First Data, a provider of payment technology and services solutions, has launched Clover Mini, which provides business owners with an all-in-one solution to streamline operations, expand business and customer intelligence, and improve the customer experience, all while facilitating payments in a safe, secure environment.

Disruptor tackles ‘closed shop’ of international payments sector

June 18, 2015--Global transactions services provider, Saxo Payments has announced it will deliver fast cross border transfers for Tuxedo Money Solutions and its corporate client base, in all major currencies, between almost any countries in the world, at significantly reduced cost compared with banks.

Emerging Payments Association launches payments incubator

June 18, 2015--The Emerging Payments Association (EPA) has launched  The Catalyst, a payments incubator for early stage payment companies.

Newnote Financial offers Bitcoin-to-Fiat conversion to

June 17, 2015--Newnote Financial has announced Canadian fiat settlement is now available to over 13,000 merchants via the company's 100 percent owned Bitcoin Exchange.For the past few months, the firm has been working with the team at Coinpayments Inc. of which Newnote holds a 20 percent equity position, to deliver this latest integration which offers merchants using as a payment processor to automatically sell their Bitcoin balances on and settle via e-transfer or direct ACH transfer to their bank account.

Moneris to offer merchants next-generation Powa Technologies sales, marketing solution

June 16, 2016 --Moneris will be entering into a relationship with Powa Technologies to be the preferred Canadian provider of PowaTag, a unique mobile solution that extends the world of online commerce to traditionally offline environments. PowaTag is an innovative technology that connects consumers to the things they want to buy through a simple, easy to use mobile payment application.

Printec partners with Inetco to deliver transaction big data, on-demand banking analytics

June 16, 2015--Printec Group of Companies, a provider of transaction automation solutions in Central and Eastern Europe, and INETCO Systems Limited, a leading Canadian provider of real-time transaction monitoring and banking analytics software solutions, have teamed to help financial organizations in the region gain on-demand access to rich customer transaction data through the INETCO Analytics software. With INETCO Analytics, banks can adopt data-driven banking strategies that will help them deliver more value to existing end customers, acquire new ones and enhance profitability through better device placement and service offerings.

Ericsson, VeriFone announce global partnership

June 12, 2015.--Ericsson has announced a partnership with VeriFone Mobile Money, a provider of mobile payment solutions for merchant point of sale (POS). VeriFone Mobile Money Retail Enablement software suite will be integrated with Ericsson Wallet Platform to expand payment options, including in emerging markets. The global partnership agreement will make it possible for Ericsson’s customers to offer a range of contactless near field communication (NFC) and tap-and-pay services at POS.

MasterCard MasterPass available across Asia/Pacific

June 12, 2015--MasterCard says MasterPass, the company’s digital payment wallet, has gained momentum and it is seeing a surge in transactions in countries such as Australia, New Zealand, China, and Singapore.

ZenBanx to offer cheap, mobile currency exchange service

June 12, 2015--The man who introduced Canadians to online-only banking in 1997 is back with a new disruptive financial service called ZenBanx. Arkadi Kuhlmann, who launched ING Direct Canada, is behind a new mobile-only bank account that can hold, transfer, and send multiple currencies at relatively low cost.

Peer-to-peer app aims to unseat Interac – and it’s free

June 12, 2015--Unlike online money-transfer services such as the one offered by Interac, Payso’s is free. Many users of the company’s smartphone app are social organizers who often collect cash, Cartwright explains.

Moneris provides payment processing technology for Union Pearson Express

June 8, 2015--Moneris, a processor of debit and credit card payments, has certified all unattended self-serve payment kiosks for Union Pearson Express (UP Express). Moneris technology and expertise were integral in completing the necessary compliance certification for the payment industry to ensure all self-serve kiosks were fully operational for the UP Express June 6th  opening.

Visa, Verifone partner to accelerate omni-commerce globally

June 4, 2015--Visa has partnered Verifone PAY, a point of sale payment solutions provider, to enable merchants increased purchase experience across digital and face-to-face commerce environments.

M-payments to top $800 billion by 2019, led by Apple Pay, Android Pay

June 4, 2015--Apple, Google, Samsung, PayPal and others are increasing their focus on mobile wallet products, and as a result paying with phones in stores is going to become a lot more commonplace, a recent report reveals.

MRC releases results of fraud survey 

June 3, 2015--The Merchant Risk Council (MRC), a not-for-profit, global forum for eCommerce fraud and payments professionals, has released the comprehensive results of their 2015 Global Fraud Survey.

Canadian smartphone data usage to increase five times by 2020

June 3, 2015--Findings from the latest edition of the ‘Ericsson Mobility Report’ show that by 2020 advanced mobile technology will be commonplace around the globe: smartphone subscriptions will more than double, reaching 6.1 billion, 70 per cent of the world's population will be using smartphones, and 90 per cent will be covered by mobile broadband networks.

First West Credit Union unveils first-of-its-kind wearable payment accessory

May 26, 2015 —First West Credit Union has introduced Dashband, the first wearable payment accessory in North America to use Visa payWave technology. Dashband allows wearers to pay for purchases with the ease and security of contactless payment technology, eliminating the need to swipe, insert, sign or enter PIN numbers. First West is unveiling the band in a limited release as it explores ways to bring innovative banking solutions to its membership and the marketplace.

Beck Taxi launches mobile app with PayPal and credit card in-app payment

May 22, 2015--Canada's family-owned taxi brokerage Beck Taxi, has announced the launch of their innovative custom end-to-end digital dispatch system. The system includes a mobile customer application that offers in-app payment in collaboration with PayPal for the first time ever in Canada.

Pivotal Payments' FlexPoint division partners simplify payments integration

May 19, 2015--Pivotal Payments, a provider of technology-driven global payment processing solutions, has announced a partnership between its FlexPoint division and Datacap Systems Inc., a top North American provider of payment integration software.

NACHA membership approves ‘Same Day ACH’

May 19, 2015--NACHA—The Electronic Payments Association announced today that its voting membership approved ‘Same Day ACH’, an amendment to the NACHA Operating Rules to move payments faster. The rule enables a ubiquitous same-day capability for virtually any ACH transaction, creating options for the businesses, governments and consumers who want to move their money faster.

Moneris announces master brand to help businesses 'Be Payment Ready'

May 19, 2015--Moneris, a processor of debit and credit card payments, has announced its new brand positioning – Moneris 'Be Payment Ready'. This new brand represents Moneris' commitment to help customers and partners navigate a constantly changing payments landscape.

vGuaranteed solution stops online fraud in its tracks

May 19, 2015--Vesta Corporation, a global leader in the field of card-not-present (CNP) transactions, has introduced the  vGuarantee  payment solution for online retailers. Built to combat the rising trend of fraud in e-commerce, vGuaranteed is the industry’s only revenue-generating payment solution for digital goods, services, and subscriptions that are delivered in real time.

Mobile payments continue to expand in Canada with SaskTel, MTS introducing service

May 13, 2015--With the introduction of mobile payments by MTS and SaskTel, customers of these provincial telecommunications companies can now pay with their phone. TD is the first financial institution to offer this service to MTS and SaskTel customers. Five mobile networks now provide Canadians with the ability to pay for purchases with a tap of their mobile device.

Ethoca taps card payments; fraud expert to increase Ethoca network adoption

May 13, 2015--Ethoca, the industry standard for collaboration-based technology solutions that help card issuers and online merchants increase transaction acceptance and stop ecommerce fraud, today announced the appointment of Fernando Lopez as Global Director, Issuer Channel Development. In this key role, Fernando will help global card issuing processors and outsourced service providers take part in Ethoca’s collaboration network to significantly reduce losses from CNP (Card Not Present) fraud and customer service disputes.

The impact and implications of digital convergence to retailers and consumers

May 13, 2015--MasterCard’s commissioned report 'The New World of Retail' has been released on the occasion of the European Business Summit in Brussels. The event takes place only one day after the European Commission published its ambitious proposals on a Digital Single Market.

CFIB and Chase Paymentech deliver credit card savings for small business

May 13, 2015--Chase Paymentech and the Canadian Federation of Independent Business (CFIB) today announced a new agreement that provides preferred pricing to small businesses in an exclusive offering for CFIB members. introduces wearable technology store

May 11, today announced the launch of its wearable technology store ( where customers can discover the latest and most innovative products in wearable technology including activity trackers, smart watches, wearable cameras, and more.

Is Visa about to buy Visa Europe?

May 11, 2015--Payment juggernaut Visa is rumoured to be in negotiations with former subsidiary Visa Europe in a takeover deal that is valued at around $20 billion.

Why Apple Pay is a threat to Royal Bank of Canada

May 5, 2015--Although it has yet to be formally confirmed, there is widespread speculation that   Apple’s  popular new mobile payment service Apple Pay could be rolling out in Canada as early as November.

Visa’s Scharf stresses ‘unique’ benefits of Costco deal, decries industry ‘gossip’

May 1, 2015--Visa Inc.’s branding and marketing strengths were what won Costco Wholesale Corp. over from American Express Co. in a set of exclusive acceptance and cobrand agreements announced early in March, according to Visa chief executive Charles W. Scharf, who spoke Thursday afternoon during a conference call to discuss Visa’s results for its fiscal second quarter, which ended March 31.

MCX hires new CEO hours after Apple Pay pocket Best Buy

April 29, 2015--Contactless payment firm Merchant Customer Exchange have announced the appointment of their new CEO, just hours after MCX affiliate Best Buy switched to Apple Pay.

Everlink introduces mobile service that allows cardholders to lock their interac debit card

April 29, 2015-- Everlink Payment Services Inc. has introduced its latest fraud management solution – Lock’N’Block™ – a mobile card block service!

Customer is still king and looking for loyal retail subjects

April 29, 2015--According to the  Total Retail Survey – Canadian Respondents , released today by PwC Canada, the most successful Canadian retailers will be the ones that understand their customers best and create a total retail model that generates an exceptional retail experience for the consumer, both online and in-store.  Canadian retailers need to change their strategies, operating models, and infrastructures to not only offer a multiple channel experience, but also be able to evolve as the needs of their customers evolve.

Starbucks glitch resolved

April 28, 2015--Starbucks says it has resolved  a point-of-sale computer outage  that struck stores in the U.S. and Canada on Friday afternoon and evening. The outage left baristas around the country unable to ring up transactions. They started giving away coffee at no charge, before the company announced that it would be closing stores early.

Best Buy to accept Apple Pay

April 28, 2015--Apple has revealed a boost for its mobile payment offerings from Best Buy, a member of the MCX consortium of retailers. For now, Apple Pay payments will be limited to Best Buy's iOS app, and the retailer plans to accept it for in-store transactions later in 2015.

CIBC to take Apple Watch and other tidbits from its AGM

April 24, 2015--CIBC held its annual general meeting in Calgary, AB, on April 23, discussing how it managed to deliver profit of $3.7 billion in the last year and what's next for one of Canada's big banks. Here are some highlights from the meeting.

OpenTable app for Apple Watch now in Canada

April 24, 2015--OpenTable,a provider of online restaurant reservations and part of The Priceline Group, today released its app experience for Apple Watch in Canada.  

Apple Watch resonates with wearables crowd

April 24, 2015--The Apple Watch is predicted to be the biggest selling smart watch yet, with noted analyst Ming-Chi Kuo estimating pre-order numbers to be around 2.3 million units and Apple to ship between 15 and 20 million Apple Watches in 2015. While there have been other attempts into the wearable markets by Pebble and Android, it is Apple that is predicted to set the benchmark for measuring the success of the technology, as it has with many of its previous product ranges.

Apple Pay surpasses PayPal in mobile payments – report

April 24, 2015--Apple Pay has gained momentum in the mobile payments space, primarily at the expense of PayPal, a recent report reveals.

New costs imposed on banks by same-day ACH could reshape pricing approach

April 23, 2015--Merchants that use the automated clearing house network to accept transactions may not be happy about a new fee expected to be part of a proposed same-day settlement plan, but the plan will impose significant new costs on financial institutions as well. And those costs could reshape banks’ approach to how they price ACH services, according to experts who spoke this week at an ACH conference.

VersaPay named on the 2015 Branham300 ranking

April 23, 2015--VersaPay Corporation , a provider of cloud-based invoicing, accounts receivable management and payment solutions, is pleased to announce it has been recognized by Branham Group, a leading technology research and consulting firm, in its 2015 Branham300 industry ranking report.  The Branham300 recognizes the top Canadian and Multinational Information and Communication Technology (ICT) companies operating in   Canada.  For 2015 VersaPay was ranked 131 st  of the 300 companies listed on the Branham300.

Canadian government extends code of conduct to mobile payments

April 23, 2015--Joe Oliver, Canada's Finance Minister, announced on April 13 that the Code of Conduct for the Credit and Debit Card Industry in Canada, a set of rules designed to protect merchants and cardholders, has been extended to mobile payments. The move will provide regulatory certainty for Canada's nascent mobile payments market, particularly given the prospect of Apple Pay coming to Canada this year .

TELUS, CIBC team up with new credit card

April 23, 2015 --TELUS and CIBC announced the launch of  CIBC TELUS Rewards® Visa* card , a new co-branded credit card that delivers reward options to TELUS and CIBC customers. Part of the new TELUS Rewards Program and an extension of CIBC's broad line-up of credit cards, the CIBC TELUS Rewards Visa card will offer TELUS loyalty rewards to clients on their everyday spending.

CIBC announces new Apple Watch app

April 23, 2015--At CIBC's 148 th Annual General Meeting, the bank today announced the launch of its new CIBC Mobile Banking app for Apple Watch. Delivering this new way to bank continues CIBC's track record of putting banking innovations into the hands of our clients.

Valpak® at launches coupon app for Apple Watch™

April 23, 2015-- Leading the way in technology, Valpak® announces its new  coupon app will be available for download for the Apple Watch™, making it one of the first coupon companies to offer savings for the new device, and making it easier than ever for consumers to get savings right in their neighborhoods.

Moneris introduces ‘Verify’ to help fight $1.7B in Canadian retail fraud

April 22, 2015-- Moneris Solutions Corporation (‘Moneris’), one of North America’s largest processors of debit and credit payments, announced today that it has expanded its service offerings with the introduction in Canada of Moneris Verify powered by The Retail Equation (TRE), which is intended to help large retailers reduce losses incurred due to return fraud.

NACHA publishes ISO 20022 mapping guide

April 20, 2015--NACHA, The Electronic Payments Association has published an ISO 20022 Mapping Guide to assist financial institutions in translating ISO 20022 payment instructions for their corporate customers into ACH payments.

Wearables users more likely to use digital banking, mobile wallets

April 20, 2015--Apple Inc. and American Express Co. may be catching a wave. Users of wearable technology like fitness bands and smart watches—the kind of gadgets AmEx and Apple are mixing with payments and financial services—are not only younger and wealthier than owners of smart phones and tablets, they’re also more likely to use the devices for digital banking and payments.

NACHA stats show growth for the ACH in 2014 holiday quarter

April 16, 2015--All things considered, the holidays were kind to the ACH. Transactions on the automated clearing house network grew 4.7 per cent in the final three months of 2014 compared to the fourth quarter of 2013, while dollar volume moved by the network climbed 4.9 per cent, according to statistics from  NACHA, the governing body for the ACH.

Google Wallet integrates with Seamless, Dunkin' Donuts, Shopify

April 16, 2015--Google Wallet has made some key integrations with merchants such as Dunkin Donuts and Seamless, and merchant platform Shopify.

Growth in global SIM market

April 16, 2015--The SIMalliance membership, which represents approximately 90 per cent of the global SIM card market, has reported an 11 per cent year-on-year increase in SIM unit shipments in 2014. The total volume of SIM cards shipped by SIMalliance members in 2014 was 4.7 billion, rising from 4.2 billion in 2013.  SIMalliance members estimate that the total available global market for SIM cards has also increased by 7.2 per cent, from 4.85 billion units in 2013 to 5.2 billion in 2014. 

E-commerce software provider Shopify files for IPO

April 15, 2015--Canadian e-commerce software maker Shopify has filed for an initial public offering in Canada and the US.


Flipkart walks away from Airtel deal after net neutrality backlash

April 15, 2015--India’s largest online retailer Flipkart has pulled out of a deal with Airtel after a social media backlash over net neutrality.


Ottawa reveals improvements to the Code of Conduct for the credit, debit card industry

April 13, 2015 --Finance Minister Joe Oliver today released an update to the Code of Conduct for the Credit and Debit Card Industry in Canada, delivering on a commitment made in 2014 to help make life more affordable for Canadians and entrepreneurs. Following consultations with stakeholders, these new changes will make the Code even stronger by addressing unfair business practices and improving transparency for merchants and consumers, including new provisions that apply specifically to mobile payments. Participants in the debit and credit card market will have until 30 days from the issuance of this news release to review and adopt the enhanced Code of Conduct.


Credit card code enhancements are good, but not enough--restaurant association

Revamped Code of Conduct ensures Visa, MasterCard rate cuts will be passed on to small merchants--CFIB

Interac Association, Acxsys Corporation support code enhancements

Code empowers greater choice, control--Retail Council


April 14--Ackroo Inc, a gift card, loyalty and rewards technology and services provider, announced their latest addition to the Ackroo Anywhere platform, Ackroo Pay for Apple iPad.  Ackroo Pay is a POS app that allows businesses, operating an Ackroo Gift Card and/or Loyalty Program, to issue and redeem their gift and/or loyalty cards wherever their iPad will take them.  The application is in the final approval stage with Apple and is expected to be available in the Apple App Store within the next 2 weeks.

RBC completes first cross-border payment on Canada's new Renminbi (RMB) trading hub

April 13, 2015--Royal Bank of Canada has announced the completion of the first cross-border Renminbi (RMB) payment on Canada's new RMB Trading Hub through the hub's designated clearing bank, Industrial & Commercial Bank of   China (Canada).

Proxama Digital Enablement Platform provides complete HCE and Tokenization solution

April 12, 2015--Proxama, PLC, a provider of digital payment solutions for card issuing banks and processors, has unveiled its new   Digital Enablement Platform  (DEP), a suite of digital payments solutions to simplify card issuers’ adoption of NFC payments based on Host Card Emulation (HCE) and Tokenization technologies.

FIME releases white paper to advise mPOS manufacturers

April 11, 2015--For the mobile point-of-sale (mPOS) market to achieve its full potential, establishing the right blend of innovation, consistency of user experience, security and interoperability is key. This is the view expressed by FIME , a trusted provider of consulting services, certification and test tools, in its latest white paper published today. The document provides a guide to the intricacies of mPOS functional and security testing to promote the successful and efficient launch of mPOS solutions across the industry.

Wearable technology: a new channel for customer engagement

April 11, 2015--According to new research from ACCENT Marketing, the key to a successful customer engagement strategy via wearable technology is to first understand how consumers use wearable technology. From fitness monitors to smart watches to clothing, wearable tech is the new frontier in customer engagement. This new channel can help brands deepen their customer relationships, build brand advocates, and reach new audiences through wearable technologies, giving them access to be with the consumer as they move throughout their day.

Square adds physical gift card program for Canadian businesses

April 8, 2015--Square has added gift cards to its Register service in Canada, that will allow sellers to order customized gift cards for use with Square Register. This is helps Canadian Square sellers because it will help them grow their customer base and their sales.

Kount, Ethoca join forces to help ecommerce merchants

March 30, 2015--Kount, a provider of fraud detection and sales boosting technology, and Ethoca, the industry standard for collaboration-based technology solutions that help card issuers and online merchants increase transaction acceptance and stop ecommerce fraud, have formed a strategic partnership to help ecommerce merchants increase their overall acceptance levels. 

Pivotal Payments, Hire Heroes USA partner to promote employment initiatives for veterans

March 30, --Pivotal Payments, a provider of technology-driven global payment processing solutions has entered into a corporate partnership with Hire Heroes USA, a 501(c)(3) not-for-profit organization dedicated to helping veterans transform their military service into civilian success by creating job opportunities through personalized employment training and corporate engagement. Pivotal Payments will actively support Hire Heroes through direct donations and as an employment partner.

Dream Payments raises $6.0M in early stage financing

March 27, 2015--Dream Payments, a next generation mobile payment platform, has raised $6 million in funding from Canada’s leading early stage fintech venture capital and private equity firms.  Institutional investors included Blue Sky Capital, Real Ventures, and Rouge River Capital.

PayPal fined millions for “reckless disregard” of sanctions

March 27, 2015.--PayPal is to cough up $7.7m in fines after a U.S. investigation found that it processed hundreds of illegal transactions involving blacklisted countries and individuals linked to terrorism.

Plastiq offers option for paying taxes in Canada

March 27, 2015--For the first time, consumers and businesses across Canada have the convenience of using their credit cards to pay all federal, provincial, and municipal taxes with Plastiq(R), a first-of-its-kind service that enables credit and debit cards to be used to pay any business in Canada that doesn't accept them.

PayStand launches first mobile POS app for credit card, check and bitcoin payments, lowering rates for merchants

Scotts Valley, CA--PayStand , a next-generation payment platform, announced the release of their mobile app in the Apple App Store, making it the first all-in-one mPOS (mobile point of sale) solution in the US to enable credit card, check, and Bitcoin payments. Merchants on the PayStand platform can now accept payments on their iPhones at brick-and-mortar locations and out in the field, giving them significantly lower transaction rates than existing POS systems.

Optimal Payments leads the way with global bitcoin payment acceptance

March 27, 2015--Optimal Payments Plc, a leading global online payment solutions provider, now allows customers to use Bitcoin to top up their NETELLER® accounts. This announcement follows the entering into of an agreement between Optimal Payments and BitPay Inc., one of the world’s largest Bitcoin payment providers and processors, and makes Optimal Payments one of the first major financial institutions to facilitate digital currency transactions on a global scale.

Powa Technologies adds EMV-enabled solutions 

March 24, 2015--International commerce specialist Powa Technologies has formed a strategic partnership with AnywhereCommerce, a global provider of mobile commerce technology, by integrating AnywhereCommerce’s mSuite Solutions into the PowaPOS SDK. Through this partnership, independent software vendors (ISVs) will gain access to AnywhereCommerce’s suite of EMV and NFC payment solutions for iOS, Android, and Windows tablet-based point-of-sale solutions.  

Banks should be afraid, very afraid, says Barclays’ chief

March 24, 2015--The days of coasting are over for the banking sector as payments innovations and technologies rapidly gain traction.

Mobile payments drives growth for Bell ID

March 24, 2015 --Host card emulation (HCE) mobile payments specialist, Bell ID, today announces that significant recent growth has seen the company strengthen its global position in the mobile payments market. The launch of its HCE and token service provider (TSP) tokenization solutions has further driven team expansion, requiring investment in new, larger offices for its Rotterdam headquarters.

Optimal Payments proposes Skrill acquisition to lead online payment, digital wallet services

March 23, 2015--Optimal Payments Plc, a global provider of online and mobile payment processing services, has entered into an agreement to acquire Skrill Group from CVC Funds and other shareholders, for an enterprise value of approximately €1.1 billion (US$[1.2] billion). 

Everlink introduces Interac Flash enabled wearable payments solution

March 19, 2015--Everlink Payment Services Inc. has completed a proof of concept market trial for its debit card innovation – DebitWear™, a contactless-only, debit card form factor that uses the same EMV and Near Field Communication (NFC) technology currently being used for Interac Flash™ enabled cards. With DebitWear™ the ‘debit card’ is carried in a fun, wearable, form factor – such as a wristband – and can be used wherever Interac Flash™ payments are accepted.

Moneris selected as payment acquirer for Government of Canada

March 19, 2015-- Moneris Solutions Corporation, a processor of debit and credit payments today announced that it has been selected as the payment acquirer for the Government of   Canada.

Hyperwallet simplifies with new brand identity, expanded solutions

March 18, 2015--Hyperwallet Systems Inc. has unveiled its new brand identity, including an updated corporate logo, a fresh slogan, a redesigned website, and a new product line of Mass Payments Solutions.

Brian Lang now president of MasterCard Canada

March 17, 2015--MasterCard has announced the appointment of Brian Lang as the new President of its Canadian operations.

Onpex, Web Shield partner to improve online crime protection

March 17, 2015--ONPEX, The Online Payment Exchange has announced a strategic collaboration with online crime prevention specialist Web Shield. The deal provides ONPEX’s acquirer, PSP, ISO, and merchant client base with Web Shield’s sophisticated risk management tools.

BMO Harris Bank unveils cardless app

March 17, 2015 --Chicago-based BMO Harris Bank on Monday has unveiled a mobile app for cardless ATM cash withdrawals and claimed it has the nation’s largest network of ATMs configured for smart-phone-based withdrawals.

InComm internal holiday data shows strong growth in digital gift card sales

March 17, 2015--InComm, a prepaid product and transaction services company, has released 2014 holiday data demonstrating that digital gift cards are an increasingly important component of successful holiday strategies. The newly released data also shows that retailers can extend the holiday shopping season by offering instantly delivered digital gift cards, which have risen in popularity across all age demographics. Also significant is a growing preference for mobile delivery, storage, and redemption of digital gift cards.

Total Merchant Services launches free placement program of Ingenico terminal line-up for Canadians 

March 17, 2015--Coming on the heels of a successful October launch in the U.S., Total Merchant Services today announced that they will now offer Ingenico Group’s smart terminals in Canada for their free terminal placement programs.  The introduction of all-in-one payment countertop and mobile devices means small­- and mid-sized Canadian businesses will have the latest in high-speed and multi-platform transaction technology and NFC capabilities, easily accepting contactless payment such as Apple Pay and Google Wallet.

Majority of Apple Pay users make repeat purchases at same locations

March 17, 2015--Retailers like nothing more than for a new customer to become a familiar customer, and that seems to be happening with a portion of Apple Pay users, finds a report from Auriemma Consulting Group. Thirty-seven percent of Apple Pay users make in-app and in-store purchases with the service.

Intuit extends POS, e-commerce reach

March 17, 2015--Intuit Inc., which markets the highly popular QuickBooks accounting product for small businesses, continues to reinforce the online version of the software with point-of-sale and e-commerce capabilities. The company announced an integration for QuickBooks Online (QBO) with Shopify Inc., an Ottawa-based platform for e-commerce and brick-and-mortar companies.

Square acquires Kili

March 12, 2015--Square has  acquired  Kili Technology, a payment processing company headquartered in Toronto, ON. “The payments landscape is changing faster than ever –from EMV to NFC,” says Square. “That’s why we’ve acquired Kili Technology, a company that has developed silicon, electronics, and software that simplify and optimize payment processing.”

ING and OCBC add TouchID to mobile banking apps

March 12, 2015--ING Bank is introducing fingerprint recognition to its mobile banking app, the first bank in the Netherlands to implement the biometric security.

Samsung Pay waives fees in move against Apple

March 9, 2015--Samsung may not collect transaction fees when it launches its new mobile payments service this summer, industry sources say.

Shopify makes app free, expands POS service

March 9, 2015 -- Online-commerce company Shopify Inc. has made its  Shopify POS app free for its merchants and introduced an iPhone version of the payments service, says the company.

Fraudsters hit Apple Pay

March 6, 2015--Apple Pay has been hit by a number of fraudulent transactions using credit card data previously stolen from big retailers including Target and Home Depot.

Anti-fraud analytics discovers telecom frauds before they occur

March 3, 2015--Mobileum, a provider of analytics solutions for telecom business transformation, has announced Mobileum Anti-Fraud Analytics, a predictive, machine learning-based fraud prevention solution that helps telecom operators to arrest revenue leakage with real-time fraud detection.

Samsung launches Galaxy S6 with NFC and LoopPay m-payments

March 2, 2015--Samsung Pay will go live in the U.S. and Korea in the summer of 2015 and in other areas, including Europe and China, at a later date.

E-commerce is going mobile

February 24, 2015--The 2015 .CA Factbook, an annual report on the state of the Canadian Internet, points to deepening mobile engagement among Canadians, a declining interest in cable subscriptions and new opportunities for Canadian e-commerce.

Gemalto says products ‘secure’ after spy agency hack

February 23, 2015--Initial investigations into reports that digital security company Gemalto was hacked by the NSA and GCHQ last week show that the company’s products are secure, despite claims that the British and U.S. agencies stole encryption keys for its SIM cards.

Convego CloudPay secures mobile payment transactions

February 23, 2015--Mobile and digital channels can no longer be ignored by businesses, and that includes the financial sector. Smartphones and other mobile devices have changed the way people shop, communicate, and pay. As the number of sensitive data-based transactions increases, the need for secure and trustworthy communication is more crucial than ever. In response, Giesecke & Devrient (G&D) is launching Convego® CloudPay, a mobile cloud payment service compliant with the specifications of the major international payment schemes.

Canadian Imperial Bank of Commerce tops global banking awards

February 23, 2015--International Banker held its annual awards for acknowledging top banking institutions across the globe. The Canadian Imperial Bank of Commerce (CIBC) received awards in two categories: ‘Best Customer Service Provider North America’ and ‘Innovation in Retail Banking Canada’.

Mobile commerce growth poised to eclipse online commerce in Canada

February 20, 2015--Research from PayPal and Ipsos shows that mobile commerce is growing at more than double the rate of overall e-commerce in   Canada, giving Canadian retailers more reason than ever before to consider mobile as a strong sales channel.

Canadians prioritize security over convenience, speed

February 20, 2014--Ahead of Fraud Prevention Month, a study commissioned by Visa Canada showed Canadian consumers still prioritize payment security above all else. Two thirds (66 per cent) of credit cardholders ranked security as the most important element of a credit card transaction, surpassing convenience (14 per cent) and speed (10 per cent). Additionally, nearly half (48 per cent) of credit cardholders report they worry about fraud when shopping online.

UP Express, CIBC announce innovative strategic partnership 

February 13, 2015--Union Pearson Express (UP Express) and CIBC have announced a strategic partnership that will see the bank provide innovative services that will enhance the travel experience for riders of the new express rail service between Union Station and Toronto Pearson International Airport, opening this spring.

Digital currency ATMs and exchanges must be authorized says Quebec financial regulator

February 13, 2015--Businesses operating a digital currency automated teller machine (ATM) or an exchange platform in Quebec must obtain the appropriate license from the financial regulator, the Autorité des Marchés Financiers (AMF), in accordance to the Money-Services Businesses Act.

Ixaris reveals UX toolkit

February 12, 2015--Ixaris revealed its latest innovation for Ixaris Payments Server, the cloud platform that enables financial institutions to offer prepaid card programs with minimal time and effort. The new UX toolkit will allow the corporate customers of financial institutions to quickly and easily customize the user experience of payments applications, with no programming expertise required.

Healthcare EFT via ACH increases

February 11, 2015--The Electronic Payments Association announced today that the volume of healthcare EFT transactions via the ACH Network exceeded 149 million transactions, transferring $876.6 billion in claim payments from health plans to providers.

Transpay launches pioneering ‘Mass Global Payout’ solution

February 10, 2015--Transpay has launched its platform that enables businesses of all sizes in the U.S. and overseas to send low value funds within minutes to a recipient’s bank account via a proprietary direct bank transfer network in more than 100 countries across Asia, Latin America, Europe, and Africa.  

Pivotal Payments, Tender Retail partner for integrated payment solution

February 3, 2015-- Pivotal Payments, a leading provider of technology-driven global payment processing, today announced its partnership with Tender Retail (a division of ACCEO Solutions Inc.), one of North America's top providers of payment integration software solutions, in the development of a new EMV integrated payment service that adds simplicity and security to the retail and quick service restaurant industries, allowing both companies to reach a broader market.

MeridianLink, Calcubot open gateway into Facebook, Mobile Lending

February 3, 2015--Shastic, the company behind Calcubot, and MeridianLink announced a strategic alliance that integrates Calcubot’s Facebook and mobile lending tools into the MeridianLink loan origination ecosystem. This integration enables the first digital omni-channel for lending, in which next-generation borrowers can shop for a loan from looking to booking through their mobile devices, Facebook or the web, with cloud-based continuity across platforms and devices.

Just a handful of anonymous card transactions can reveal your identity

February 3, 2014--Spending habits are frighteningly telling. Just four pieces of information gleaned from a shopper’s credit card transactions can be enough to pick them out from a database of anonymous credit card records.

Invapay and Visa sign agreement to support B2B payment automation

January 29, 2015--Invapay has signed an agreement to work as a payment and reconciliation engine for Visa’s new data and invoice management platform in eleven Asia Pacific markets.

Federal Reserve issues ‘Strategies for Improving the U.S. Payment System’

January 26, 2015---The Federal Reserve has issued its ‘Strategies for Improving the U.S. Payment System’, which presents a multi-faceted plan for collaborat ing with payment system stakeholders including large and small businesses, emerging payments firms, card networks, payment processors, consumers, and financial institutions to enhance the speed, safety, and efficiency of the U.S. payment system.

TSYS and Ingenico Group to offer EMV, NFC and Apple Pay-enabled POS payment solutions

January 26, 2015--TSYS ®, a global payments provider, and Ingenico Group, a provider of seamless payments, have announced a new agreement to offer merchants a seamless and secure solution for accepting all payment types, including magnetic stripe, EMV ®, NFC and Apple Pay TM. TSYS is the first processor to Class A certify Ingenico Group’s new PCI 3.0-certified smart products – the iCT 220 Contactless and iPP310 PIN pad – thus providing merchants with front-line support for a complete end-to-end payment solution.

ATMIA establishes international ATM marketing committee

January 26, 2015--To assist industry marketing professionals, the ATM Industry Association (ATMIA) has established an international ATM Marketing Committee. 

CIBC ranked tops for online banking functionality

January 26, 2015-- CIBC has received the top overall ranking for online banking functionality in Canada among the big five banks reviewed in Forrester Research Inc.'s ‘2014 Canadian Online Banking Benchmark’ report. This follows CIBC's top ranking in the Canadian Mobile Banking Benchmark from Forrester, released in May 2014.

AmEx claims 400,000 U.S. small merchants through its ISO-driven OptBlue program

January 22, 2015--Some 400,000 U.S. small merchants now accept American Express Co. payment cards through the OptBlue program that AmEx announced nearly a year ago. OptBlue enables bank card merchant acquirers and independent sales organizations to offer AmEx acceptance to small businesses and set the pricing through a one-stop-shopping option when they sell acceptance of other card brands.

Collaboration makes digital gift cards available in Canada

January 21, 2015--InComm, a prepaid product and transaction services company, announced today that, following a successful launch in the U.S., PayPal will utilize the InComm Digital Solutions (IDS) platform to support PayPal’s digital gifts services in Canada. IDS will enable PayPal to expand the number of leading retailers’ gift cards it sells in real-time on the PayPal Digital Gifts store.

Korea Exchange Bank of Canada, Everlink join forces to launch reloadable EMV mobile prepaid interac debit card program

January 21, 2015--Korea Exchange Bank of Canada (KEBOC) and Everlink Payment Services Inc. have combined innovation and in-depth payment solutions expertise to develop and launch Canada’s first reloadable EMV Mobile Prepaid Interac Debit card program – 1Q INSTA Card.  The 1Q INSTA mobile App allows eligible Canadian consumers to apply for a free 1Q INSTA account using their smart phone and receive a 1Q INSTA Prepaid Interac Debit card delivered to them in the mail. 

With a wary eye on Apple Pay, Google reported to be in talks to buy Softcard

January 21, 2015--Major tech and payments companies are reportedly showing an interest in acquiring Softcard, the troubled mobile-payments joint venture owned by three of the nation’s biggest mobile operators. Google Inc. is in “exclusive” talks with the company and has offered at least $50 million for it, says The Wall Street Journal.

Banks to unlock consumer transaction ‘Big Data’

January 21, 2015--INETCO® Systems Ltd ., a provider of transaction monitoring and customer analytics software for the banking and payment processing industries, today launched INETCO Analytics™. This new self-serve analytics application allows banks, independent ATM deployers and payment processors to leverage their electronic transaction data and analyze how customers interact with automated teller machines (ATMs) and other devices found in point-of-sale (POS), mobile banking, internet banking and branch banking environments.

Financial institutions, Ontario academics and technology start-ups to become partners in innovation

January 21, 2015--Canada's financial services and technology sectors are heading into a new era of innovation and collaboration. Working in partnership, Ontario Centres of Excellence (OCE) and the Toronto Financial Services Alliance (TFSA) will connect companies and institutions in the country's largest financial services cluster with Ontario's innovation ecosystem including its academic community and technology companies, to address individual businesses and industry challenges.

Scandit seeks to bring retail ‘back to the future’

January 13, 2015--Scandit, developer of the leading software-based barcode scanning solutions for smartphones, tablets, and wearable devices, has unveiled a self-scanning solution designed to make next-generation mobile shopping easy and accessible to consumers while driving revenue and reducing costs for retailers. The new integrated solution, a part of its Mobile App Suite for Retail, features the company’s patented software-based barcode scanner, which is currently being utilized within successful selfscanning applications for global retailers including Coop, Ahold, Homeplus (Tesco) and more.

Apple planning expansion into Canada as soon as March

January 13, 2015--Apple is preparing to expand its Apple Pay payments service internationally with at least the Canadian launch currently scheduled for early 2015, according to sources close to the situation.

Hard times at Softcard: mobile-payments venture lays off 60 employees

January 13, 2015--Softcard, the mobile-payments venture of Verizon Wireless, AT&T Mobility, and T-Mobile USA, has laid off 60 employees in a restructuring, according to media reports. The layoffs raise questions about the future of Softcard, formerly known as Isis, which has had trouble gaining consumer and merchant acceptance for its near-field communication-based (NFC) service in a fast-changing mobile-payments market.

Digital receipting service sends copies of printed receipts direct to the cloud

January 13, 2015--International POS printer manufacturer Star Micronics announces the launch of its free of charge digital receipting service, offering the retailer a low cost and fast route to providing the customer with a digital copy of the printed receipt as well as access to analytics, an in-store customer survey and device management tools.

EMVCo to manage next generation of 3D-secure specification

January 8, 2015--The global technical body, EMVCo, will increase its scope to lead the payments industry in advancing the next generation of 3D Secure (3DS), the online authentication protocol, to support new and emerging technologies in the remote payment environment.

FIME further qualified for NFC Forum analog certification testing

January 5, 2015--Advanced secure chip testing provider FIME has announced that its laboratories in Asia, EMEA, and Korea have been qualified to perform official NFC Forum analog certification testing. These FIME laboratories are now authorized to perform all forms of NFC Forum certification testing, covering analog, digital, logical link control protocol (LLCP), and simple NDEF (NFC data exchange format) exchange protocol (SNEP).

Starbucks renounces Square mobile payments app

December 23--Starbucks and U.S. mobile payments company Square are going their separate ways in the ongoing battle for how to order and pay for items using smartphones.

Cambridge Mercantile analysts suggest further currency turbulence

December 18, 2014--Cambridge Mercantile Group, a global payment and risk management solution provider, expects foreign exchange upheaval to continue throughout 2015. The company's analysts are monitoring economic performance shifts, policy changes, and market conditions closely, and are anticipating a year in which the world's major trading blocs follow very different paths.

MeaWallet to enable contactless and remote payments in any app using global standard payment schemes

December 18, 2014--MeaWallet has launched Mobile Business Components (MBC) that handle the complexity of securing contactless integrated services and APIs. Using these components to connect an existing or new app or wallet to the MeaWallet Mobile Digitization Platform, will enable service providers to deliver contactless services like payments, access, and transit.

SkySIM CX Hercules from G&D makes mobile transactions more convenient and future-proof

December 18, 2014--Mobile devices are increasingly being used for mobile transactions such as electronic payments, as well as for digital tickets and for authentication in physical access control systems in secure areas. Such use involves the exchange of highly sensitive personal data, which makes security a top priority.

ShopKeep Apple Pay and chip card reader available

December 16, 2014--ShopKeep, a cloud-based technology provider, has released its Apple Pay™ and chip card reader. This reader allows merchants to accept Apple Pay, along with traditional magnetic swipe credit card payments; chip card capabilities will be available next year well ahead of October’s liability transition deadline.

Western Union Business solutions expands global payment functionality for financial institutions

December 12, 2014-- Western Union, a leader in global payment services, has updated its functionality to the integration between Western Union Business Solutions (WUBS) and its real-time domestic and international foreign wire exchange solution partner WireXchange from Fiserv.

Hudson's Bay Financial Services announces expanded portfolio with mortgage brokering and money transfer service offerings

December 12, 2014--Hudson's Bay Company has expanded its portfolio of financial service offerings which now includes mortgage brokering and money transfer services, adding to the suite of existing products offered  through its Hudson's Bay Financial Services Group. Through our strategic partnerships with some of   Canada's  leading financial services companies, customers have access to a comprehensive set of financial products that can leverage buying power and provide group rates to individuals.

Giesecke & Devrient to participate in Entrust Datacard’s card validation program for smart cards

December 8, 2014--Entrust Datacard Corporation announced that Giesecke & Devrient (G&D) is participating in its Card Validation Program (CVP), which allows G&D to validate the compatibility of their EMV smart cards with Datacard ® personalization solutions prior to full implementation. 

Staples releases ecommerce marketplace

December 8, 2014--Staples, an office supply chain store, has launched a new ecommerce-related marketplace which is aimed at connecting suppliers and customers.

Capital One, Hudson's Bay Company announce credit card program agreement

December 5, 2014--Capital One Financial Corporation and Hudson's Bay Company have announced a credit card program agreement between Capital One, Hudson's Bay, and Saks Fifth Avenue, with the planned addition of the Lord & Taylor credit card program in  June 2015, subject to closing conditions.

Apple Pay sees low use on Black Friday

December 2, 2014--Apple Pay’s mobile payment method was used for less than five per cent of all Apple-Pay eligible transactions on Black Friday. On the busiest of all shopping days, surely a one-tap payment with an iPhone would be the quickest and easiest way to pay?

Online merchants struggling to cope with the ‘fragmentation of fraud’

December 2, 2014--More than three-quarters of online merchants (79 per cent) believe the growing proliferation of markets, purchasing channels, and payment methods pose a significant challenge for effectively dealing with fraud, says the ‘Fragmentation of Fraud’ by global payments specialist Worldpay. Only one in five (20 per cent) online merchants stated they are very confident about their ability to manage new fraud threats and half (50 per cent) find it difficult to keep up with fraud trends.

Dovetail opens Canadian office as Canadian banks increase their focus on payments

December 1, 2014--Dovetail, a provider of market ready payment and liquidity management solutions will open a Canadian office in Toronto as Canadian banks focus on improving the customer experience and revenue potential of their payments lines of business.

TD to help customers pinch pennies with new app  

December 1, 2014--Toronto-Dominion Bank  is partnering with a New York-based app maker to help its customers use their smartphones to keep track of every purchase they make.

Consumers want to play a bigger part in protecting their payment cards from fraud

November 25, 2014--Heading into the busiest shopping season of the year, a large majority of consumers are concerned enough about fraudulent use of their credit cards and debit cards that they want to take a more proactive role in their own security. A survey conducted in the U.S., Canada, and the UK by FICO, a predictive analytics and decision management software company, shows that fraud is top-of-mind for consumers in the wake of high-profile data breaches.

Virtual currencies set to disrupt major markets within five years 

November 25, 2014 --Virtual currencies are likely to be a major disruptive force within five years, according to a new study published by Technology Strategies International Inc. The report, ‘The Future of Virtual Currencies – 2014’, recommends that organizations that are in the path of this disruptive wave starting preparing themselves now. 

American Express named Canada’s top travel reward credit cards in four categories

November 24, 2014--American Express Canada has come out on top in Rewards Canada's fourth annual ‘Canada's Choice Awards’.  More than 18,000 Canadians voted for their favourite travel rewards credit cards, and four American Express Cards were chosen as top cards.

UGO, the wallet for your phone has arrived

November 24,2014--UGO Mobile Solutions L.P. today announced the availability of UGO Wallet, an open digital wallet application that enables consumers to start replacing credit cards and loyalty cards from their physical wallet with a simple, secure digital payment method on their smartphone. UGO Wallet is a free app and available now for download from BlackBerry World and Google Play.

ATMIA launches ATM OS migration cost model for deployers

November 21, 2014--ATMIA has released its migration cost model for ATM deployers to use as a tool to calculate costs of different migration strategies to new operating systems.

PayStand streamlines online payments, offers e-check

November 20, 2014--PayStand, a next generation payment processor and checkout gateway, has been simplifying the online payments process for both merchants and customers since its launch six months ago.  Now it has taken another step to make the process even safer, more intuitive and less expensive by streamlining the electronic check (e-Check) payment option so it is easier, and lower cost, to pay this way than by credit card.

InComm Research proves digital gift cards will be popular gifts this holiday season  

November 20, 2014--InComm, a leading provider of integrated point-of-sale (POS) technology solutions to retailers, today released research highlighting consumer shopping trends for purchasing digital and physical gift cards from websites and mobile devices.

Mowingo, Star Micronics partner on mobile solution for legacy POS systems

November 20, 2014--Results of a pilot completed this month reveal a unique mobile analytics solution and data-driven insights for solving a primary concern of merchants and restaurateurs held back by outdated point-of-sale (POS) systems – receiving optimal return on investment (ROI) for mobile offers and promotions.

U.S. mobile payments market to boom

November 19, 2014--Mobile-based payments in the U.S. are expected to reach $142 billion in volume in 2019, from about $50 billion currently, says a report from the research firm Forrester. In the study, the firm spoke to a dozen payments industry companies, including PayPal, Verifone, and Visa. They indicated that the shift to mobile commerce was growing quickly.

ACHA’s ‘Payments Innovation Alliance’ releases white paper

November 19, 2014--The Electronic Payments Association’s ‘Payments Innovation Alliance’ has released its first white paper. ‘ The Future of Corporate Payments’, takes an in-depth look at the evolving landscape of corporate payments, providing an overview of developments and the challenges and opportunities these developments present to financial institutions.

Realex payments provides payments solution for Shopgate’s m-commerce clients

November 19, 2014--Realex Payments, a European payment solution provider, has partnered with Shopgate, a software-as-a-service m-commerce platform. The partnership sees Realex Payments and Shopgate integrated seamlessly to provide a comprehensive payments and store solution for its m-commerce clients, enabling a simple and straightforward checkout process for Shopgate’s 5,500+ merchants across Europe.

Canadians lukewarm when it comes to making mobile payments for purchases

November 19, 2014--Hype for mobile payments is growing but Canadians generally aren't very eager to pay for purchases with their smartphones, says a report by global research company GfK.

Bank of Canada keeping eye on e-money

November 14, 2014--The Bank of Canada is keeping a close eye on the risks posed by new forms of electronic money, given that the Bank’s job is to issue currency, promote financial stability and oversee Canada’s payment systems, Senior Deputy Governor Carolyn Wilkins said today in Waterloo, Ontario.

Diebold's 9900 branch technology transforms financial institutions' businesses and consumer banking experiences

November 12, 2014--Recent technological advancements have empowered consumers to interact with financial institutions (FIs) in multiple new ways. Yet, the branch – compared with other banking channels such as online and mobile – still has the greatest influence on consumer satisfaction, according to the J.D. Power and Associates ‘2013 U.S. Retail Banking Satisfaction Study ’.

Worldpay announces agreement to acquire SecureNet Payment Systems

November 11, 2014--Worldpay, a leading global provider of payments technology and services to merchants, partners, and developers, announced today it has entered into a definitive agreement to acquire SecureNet Payment Systems for an undisclosed price. SecureNet is principally owned by Sterling Partners, a Chicago-based private equity firm.

Visa enhanced PCI compliance push slated for January 1 start

November 11, 2014.--Card network Visa Inc. plans to eke out even better merchant compliance with the Payment Card Industry Data Security Standard with a new enforcement plan targeting the largest merchants. The program is scheduled for a January 1 start. That’s according to a copy of an October 21 Visa bulletin obtained by ‘ Digital Transactions News’. Visa did not respond to an inquiry about the bulletin.

Avalara, GlobalCollect join to simplify cross-border ecommerce

November 11, 2014--Avalara, Inc. and GlobalCollect have partnered to provide industry-leading payment and indirect tax compliance services to ecommerce companies looking to trade cross-border. GlobalCollect, an Ingenico Group company, processes international ecommerce payments for the world’s most recognised ecommerce brands, while Avalara delivers compliance solutions related to sales tax, VAT, and other transactional taxes.

CFIB applauds the end of the credit card "arms race"

November 4, 2014--Canada's small business community is hailing new commitments that could bring an end to ever-increasing credit card fees that add  $5 billion to $7 billion a year to the price of goods and services. Although the written commitments announced today by Visa and MasterCard do not represent a massive reduction in the ‘swipe fees’ charged to merchants, the Canadian Federation of Independent Businesses (CFIB) is confident they will reduce some of the cost pressure and end the regular fee hikes that have been the norm over the past five years.

Giesecke & Devrient joins the FIDO Alliance

November 4, 2014--The faster the increase in the number of digital processes, the greater the demand for security. This development means that the issue of straightforward, yet secure authentication is becoming increasingly important. Studies show that more than two thirds of all users worldwide use just one password to protect their digital identities, surf the net or buy online.

Major flaw discovered in Visa contactless cards

November 4, 2014--The £20 limit on Visa contactless cards can be bypassed by making transactions using foreign currencies, security experts from Newcastle University have found.

Giesecke & Devrient wins ‘Juniper Future Mobile Gold Award’

November 3, 2014--Juniper Research has awarded its prestigious ‘ Future Mobile Gold Award ’ to Giesecke & Devrient (G&D) for „making an outstanding contribution to the future of the mobile contactless payments market”. For Edgar Salib, senior vice-president and head of the financial institutions division at G&D, this award confirms G&D’s position as “an innovative technology leader and valuable partner for banks.

MasterCard offers new one-stop hub to provide business-building services

November 3, 2014--MasterCard has revealed the MasterCard Business Owner Toolbox, a new online hub for business owners and their employees. The site provides tools, insights and offers specifically created to give small business owners more of what they desperately need: time.

Diebold reimagines financial services experience with responsive banking concept

November 3, 2014--With an entrepreneurial mindset and a focus on strategic market needs, the research and development (R&D) incubation team at Diebold, Incorporated is blending branch transformation and omni-channel experience with the unveiling of a new  responsive banking concept. The conceptual design bridges consumer banking priorities – convenience, security and self-service – with technology-based solutions that satisfy financial institutions' (FIs) need to provide anytime, anywhere services while also minimizing its overall footprint.

Massive machines set to restore bitcoin value

November 3, 2014--Bitcoin Brothers introduces Massive Super-Efficient Machines (MSEM) as the future computing platform of profitable bitcoin cloud mining and blockchain transactions. The supercomputers at over six petahash each are built on the first 3D 16nm FinFET ASICs designed by - and exclusive to - Bitcoin Brothers.

Upcoming Panini breakfast briefing presentation covers remote deposit capture

October 29, 2014 --For banks exploring the mystery that is corporate remote deposit capture, moving from a testing phase to a full fledge offering solution is complicated and a bit scary! There is a lot to consider while weighing the pros and cons of moving forward.

POPcodes to simplify 'Order Online, Pick Up in Store' retail model

October 28, 2014--POPcodes, a Calgary-based company led by veteran North American retail executives, bridges the gap between e-commerce and physical shopping by giving consumers a code when checking out online they can then use to redeem purchases or promotions at the cash register.

Harbortouch reduces contract term for free POS program

October 28, 2014--Harbortouch, a national point of sale (POS) system and merchant services provider, has reduced the length of the service agreement term for its flagship free POS program from five years to three years. The monthly cost will stay at $69/month as it was priced on the five-year term. There are no up-front costs for the hardware, software, installation, or training. Although the free POS program already represented the lowest cost of ownership for a full-featured POS system, this change reduces the commitment and cost dramatically.

Retailers pull support from Apple Pay

October 27, 2014--Some retailers have  stopped accepting  Apple Pay only a week after its launch, blocking the service in favour of an alternative option that is expected to launch in 2015.

BAM checkout enables frictionless mobile transactions

October 21, 2014--Jumio, Inc., an online and mobile credentials management company, has introduced BAM Checkout™, an all-in-one payment card and identification scanning technology for mobile retailers. The embeddable solution provides a frictionless checkout experience by enabling users to bypass nearly all manual key entry when completing a mobile purchase. The product name pays homage to the chemical BAM, a compound of Boron, Aluminium and Magnesium, which produces the least amount of sliding friction of any substance in the world.

Harbortouch unveils Perkwave mobile app

October 20, 2014--Harbortouch, a national point of sale (POS) system and merchant services provider, has unveiled Perkwave , a mobile app that uses Apple Pay™ technology to enable restaurant customers to pay at the table. The app also includes built-in loyalty and rewards functionality.

Credit union leaders to tell Ottawa "My Credit Union Matters!™"

October 20, 2014--On October 20, credit union leaders will be on Parliament Hill urging MPs to make sure the next budget recognizes the vital role credit unions play in supporting small business, creating jobs and building communities.

Banks, techology vendors big winners at inaugural IVIE Awards from ACT Canada

October 17, 2014--ACT Canada, the stakeholder association driving payment evolution & digital identity, revealed the winners of its inaugural IVIE Awards, celebrating innovation in payments and secure identity products using secure chip technologies. The IVIE Awards recognize the ingenuity of the winners and the value that implementations of emerging technologies bring to the market. The results were announced at a reception held in Toronto, where more than 160 delegates turned out to help celebrate the new program.

ACT Canada presents the inaugural ‘IVIE Awards’

October 17, 2014--ACT Canada, the stakeholder association driving payment evolution and digital identity, has announced the winners of the inaugural  ‘ IVIE Awards’, celebrating innovation in payments and secure identity products using secure chip technologies. The IVIE Awards recognize the ingenuity of the winners and the value that implementations of emerging technologies bring to the market.

Harbortouch unveils built-for-purpose ‘tablet POS killer’

October 15, 2014–Harbortouch, a national point of sale (POS) system and merchant services provider, has unveiled Harbortouch Echo, a sleek, built-for-purpose POS system that is considered a ‘tablet killer’. Harbortouch Echo combines the power and functionality of a traditional POS system with the simplicity and sleek design of a tablet-based system.

Smartwatches face challenges as payment system

October 14, 2014--A recent GfK survey in China, Germany, South Korea, the UK, and the U.S. indicates that people in these countries see potential in using smartwatches to 'carry' tickets for passenger transport or as security keys to their computers and online accounts. The ability to transmit healthcare data via a smartwatch is also of particular interest to the majority of people. In America and  China, there is openness for using smartwatches as identity cards and payment systems, although Europeans are much more hesitant about these functions.  

GuestLogix' next-generation payment sleeves awarded PCI certification for chip and PIN

October 14, 2014–GuestLogix Inc., a provider of ancillary-focused merchandising, payment, and business intelligence technology to airlines and the passenger travel industry, has been granted PCI-PTS 4.x certification, specifically as it relates to its next-generation payment peripherals for use with smartphones and tablets on all mobile operating systems.

SCENE, Sport Chek announce marketing partnership

October 10, 2014–SCENE, Canada's fastest growing loyalty program with six million members, has added sports and active lifestyle retailer, Sport Chek, as its first long-term strategic marketing partner. The addition of Sport Chek reflects SCENE's evolution to Canada's largest lifestyle and entertainment loyalty program. SCENE is a joint venture between Cineplex Entertainment and Scotiabank.

Oberthur launches dCVV/dCVC payment card

October 10, 2014–Oberthur Technologies (OT), a provider of digital security solutions for the mobility space, is launching the first payment card integrating dynamic Card Verification Value/Code (dCVV/dCVC) technology from NagraID Security (NIDS) in order to secure online transactions.

PayPal should become a bank and take on Apple, says ex-VP

October 8, 2014–This week, PayPal announced that it was cutting the apron strings with parent company eBay, leaving many scrambling to work out what the next steps will be for the payments giant. Daniela Mielke, the company’s former vice-president for global strategy, has some ideas.

Datacard Group adds high volume card delivery and envelope insertion systems

October 8, 2014–Datacard Group has introduced the Datacard ® DX5100 TM card delivery system, as well as the Datacard ® MXi810 TM and MXi610 TM envelope insertion systems. The addition of these products enables financial institutions, government agencies, retailers, and other issuers to set up their production process and card delivery model that aligns with their current and emerging needs – whether it is a secure and efficient inline system, a flexible stand-alone solution, or hybrid card delivery model. 

Moneris facilitates AIR MILES Reward Program for small business merchants

September 30, 2014–Moneris Solutions Corporation, Canada's largest credit and debit card processor, is offering small business merchants the ability to provide their customers with AIR MILES® reward miles for their purchases through the Moneris AIR MILES® reward miles program.

FIME to offer complete testing for NFC device functionality

September 30, 2014–Advanced testing provider, FIME, has taken steps to streamline near field communication (NFC) enabled device testing with the addition of test libraries to its Global TEE test tool. The tool, now named ‘Global Device’, has been upgraded following GlobalPlatform’s advancement of its device compliance program to better support the needs of the mobile services community. The tool is available for purchase for pre-certification in-house testing and as part of FIME’s GlobalPlatform-accredited service offering.

Panini to expand presence at remote deposit capture summit

September 29, 2014–This week at the Remote Deposit Capture (RDC) Summit in Las Vegas, Nevada, Panini is featuring mI:Deal™, a breakthrough solution from their continuous innovation portfolio. The mobility enabled Panini mI:Deal™ provides financial institutions and merchants with a simple, efficient, and cost-effective solution for capturing checks in a wide variety of deployment environments, including remote deposit capture (RDC) and point-of-sale (POS).

MTS brings the new BlackBerry Passport with the industry's first touch-enabled keyboard to Manitobans

September 24, 2014--MTS will soon be offering the BlackBerry® Passport, a new device purpose-built for productivity with a boundary-breaking design that challenges the status quo. Featuring a large square touch screen, new QWERTY touch-enabled keyboard and BlackBerry's latest 10.3 operating system, the BlackBerry Passport gives users a wider vision to do mobile business without compromising portability.

Aeroplan Partners with eSSENTIAL Accessibility to offer app for people with disabilities 

September 24, 2014--eSSENTIAL Accessibility is proud to announce its partnership with Aeroplan, Canada's premier coalition loyalty program. Through the partnership, Aeroplan now offers a desktop app that empowers people with physical disabilities to access People who cannot browse the web using conventional methods due to conditions such as arthritis, paralysis or amputation, can use this app to browse completely hands free using tools like motion technology and voice-activated navigation.

Alipay adds fingerprint authentication to mobile wallet

September 24, 2014--Alipay customers making purchases and transfers in Alipay’s mobile application, Alipay Wallet, no longer need to enter a password – the company will be using technology from Nok Nok Labs to add fingerprint authentication to the app.

Spire Payments, Wirecard, deploy chip and PIN mPOS solution in India

September 24, 2014--Spire Payments continues its rapid growth in the mobile payments sector by supplying over 7,500 PosMate tm Smart chip and PIN mPOS devices to Indian Overseas Bank (IOB) in the Chennai area of India. This will be the first phase of an aggressive roll-out plan aimed at the micro merchant sector which has previously never accepted card payments. The vast majority of the initial deployment will be aimed at taxi drivers. 

TSM: Friend or foe to NFC?

September 22, 2014--FIME, a provider of consulting services, certification, and tools, has published a white paper that asks if the role of the trusted service manager (TSM) will help or hinder the globalization of near field communication (NFC) services.  

Cards kept at top of the mobile wallet with tokenization

September 19, 2014--Fiserv, Inc. a global provider of financial services technology solutions, announced today that it has expanded its mobile payments solution portfolio to include tokenization capabilities via Visa Token Service (VTS) and MasterCard Digital Enablement Service (MDES). These capabilities will be available to all   Fiserv-processed debit and credit issuers.   Fiserv  will also enable its Accel™ debit payments network to support tokenization for its participants.

Home Depot completes malware elimination

September 19, 2014--The Home Depot ® confirmed that the malware used in its recent breach has been eliminated from its U.S. and Canadian networks. The company also has completed a major payment security project that provides enhanced encryption of payment data at point of sale in the company's U.S. stores, offering significant new protection for customers. Roll-out of enhanced encryption to Canadian stores will be complete by early 2015. Canadian stores are already enabled with EMV "Chip and PIN" technology.

Halo Metrics appoints field service manager

September 17, 2014--Halo Metrics Inc. is pleased to announce that Ron McMurray has joined the company to develop and strengthen its growing service capabilities. He brings to Halo Metrics a wealth of experience that includes successfully managing a technical field service team as his career developed over his nineteen year employment with Checkpoint Systems, and more recently managed installation with Stanley Black and Decker Inc.

Apriva offers analytics and accessibility features

September 17, 2014--Apriva, the leading provider of end-to-end wireless transactions, gateway services, and secure information solutions, has expanded features within AprivaPay™ Plus, its mobile point-of-sale (POS) software.

Increased SMB adoption coupled with weak data security practices

September 17, 2014--ControlScan, a provider of security and compliance solutions for small and mid-sized businesses, has released a new report detailing the company’s latest research findings on mobile technology adoption among its SMB customers. The report, ‘ Mobile at the Point of Sale: How SMBs are Adopting Mobile Devices to Accept Card-Present Payments’, is based on input from more than 6,000 US-based SMBs responding to the company’s 2014 Mobile Payment Acceptance Survey.

Hearst Corporation acquires majority in KUBRA

September 17, 2014--Hearst Corporation has acquired 80 per cent stake in KUBRA Data Transfer Ltd., a provider of digital bill delivery and payment services. The investment puts Hearst in a leading position to provide services to a wide range of clients in the utility, insurance, financial services, healthcare, and government industries.

Zooz partners with Alipay to help enterprise retailers expand online sales into the Chinese consumer market

September 17, 2014--Payment technology provider Zooz has announced a partnership that allows enterprise  retailers to accept online purchases made with Alipay, China’s most popular online payments service.  By enabling e-commerce with Alipay’s 300 million registered users, the alliance removes the barriers that prevent large retailers from offering their products to the Far East market.

Cryptomathic advises industry how to secure HCE applications

September 17, 2014 --E-security solutions provider, Cryptomathic, has published its latest white paper, which offers advice to banks and payment service providers on how to protect mobile banking, payment and host card emulation (HCE) applications against security attacks.

SmartCentres to open ‘Penguin Pick-Up’ for online purchases

September 12, 2014--SmartCentres, Canada’s largest developer/operator of shopping centres, is launching Penguin Pick-Up, a network of free convenient pick-up locations for online purchases. The first three pilot Penguin Pick-Ups are underway and expected to be open in the Greater Toronto Area in the next three to six months. They will have long operating hours. Two of the three locations are in Calloway REIT-owned SmartCentres. Based on consumer demand, Penguin Pick-Up will be rolled out across SmartCentres’ network of more than 250 locations in Canada.

Apple Pay serves notice of firm's plan to transform mobile payments with secure, quick, private system

September 10, 2014--The big reveal yesterday was not a giant surprise, and Apple Pay is not yet available in Canada. But the way it has been promoted south of the border might be a game changer many firms suggest. Apple Pay supports credit and debit cards from the three major payment networks, American Express, MasterCard and Visa, issued by the most popular banks including Bank of America, Capital One Bank, Chase, Citi and Wells Fargo, representing 83 percent of credit card purchase volume in the United States.

GuestLogix anticipates increased NFC adoption following Apple Pay launch

September 10, 2014--GuestLogix Inc), the leading global provider of ancillary-focused merchandising, payment and business intelligence technology to airlines and the passenger travel industry, today commented on Apple's decision to include "Apple Pay(1)" Near Field Communication (NFC) payments as a new feature of its iOS platform, iPhone 6 and 6 Plus as well as its new Apple Watch. NFC - a technology that allows payments to be made via enabled smartphones and mobile devices that are tapped or brought into close proximity to POS terminals - has been around for several years, but has failed to gain traction in the market.

LevelUp reveals Passbook integration, new NFC/BLE scanners

September 10, 2014--During Apple's product presentation, Apple made two exciting announcements pertaining to the payment space: 1) that the company's mobile wallet, Passbook will support mobile payments and 2) that the iPhone 6 will contain an NFC chip.

While Apple drops new products, OTI rolls out NFC, cashless payment solutions for earlier-generation iPhones

September 10, 2014--On Track Innovations Ltd, a global provider of near field communication (NFC) and cashless payment solutions, is piloting its new WAVE and NFC Insert mobile add-on devices with several banks and mobile network operators as the ideal way to add NFC payment capabilities to Apple iPhone 4, 4s, 5, 5s and iPad devices.

Canadian Tire unveils next evolution of its iconic loyalty program

September 10, 2014--As a pioneer of loyalty programs in Canada, Canadian Tire and its iconic Canadian Tire 'Money' have long been synonymous with customer rewards and value. Canadian Tire announced the evolution of its much beloved loyalty platform, introducing My Canadian Tire 'Money', an easier way to collect and redeem Canadian Tire 'Money'. The program will launch in Nova Scotia on October 10 and to customers nationally on October 28, 2014. The digital rewards program will complement paper Canadian Tire 'Money', which will remain in circulation.

FIS to acquire Clear2Pay

September 3, 2014 – Clear2Pay, the international technology provider of next generation payment solutions for financial institutions announces today that FIS TM, a provider of banking and payments technology solutions and a provider of consulting and outsourcing solutions, has signed a definitive agreement to acquire Clear2Pay. Upon closing the addition of Clear2Pay will bolster FIS’ global payments capabilities across all geographies and enhance its ability to deliver differentiated enterprise payments and testing solutions.

Visa brings big acquirers on board to build momentum for its new checkout service

September 2, 2014. – Visa Inc. on Wednesday said eight merchant acquirers and e-commerce platform providers will be rolling out the one-month-old Visa Checkout online and mobile payment service. With three platform providers already offering the service, up to four million U.S. online merchants will be able use Visa Checkout, Visa claims.

Ipsos honours top customer service performers among Canadian financial institutions

August 28, 2014 – Customer service is important in any industry, but especially so in the financial services sector where Canadians have a wealth of choices when it comes to a provider. So how do Canadians feel about the levels of service offered by their financial institutions? Ipsos Reid asked, and is pleased to unveil the winners of its ‘2014 Best Banking Awards in Canada’. The annual awards program recognizes Canadian financial institutions with the top ranked customer service for personal banking experience based on various key performance indicators.

New rules to further improve ACH network quality

August 26, 2014 – The Electronic Payments Association has approved two amendments to the ‘ NACHA Operating Rules’ that will further improve ACH Network quality by reducing the incidence of ACH transactions that result in exceptions and returns. As components of NACHA’s long-term risk management strategy, updated in 2012, the amendments are part of NACHA’s ongoing efforts to maintain and improve the strength of the ACH Network for the consumers, governments, businesses, and financial institutions that move their money via ACH.

Test tool offers secure element testing across all markets

August 26, 2014 – Industry association, GlobalPlatform, has qualified FIME's 'global' test tool, validating its ability to evaluate the functionality of secure elements (SEs) to support payment, telecom, and identity applications. The tool is available for SE providers, mobile network operators (MNOs), and handset manufacturers, to purchase for pre-certification development testing, and as part of FIME's laboratory testing service portfolio.

Apriva certifies EMV-ready POS universal application

August 26, 2014 – Apriva, a provider of secure end-to-end wireless transaction and information solutions, says its Apriva POS™ universal application is available on major terminal platforms from Ingenico, VeriFone, and Equinox. The applicaton is designed to simplify and streamline terminal updates for merchants across several leading terminal families by serving as a single, unified application across all of their POS hardware.

Payza launches bitcoin buying option

August 20 , 2014 – Payza, a payment platform and service for ecommerce, corpoate disbursements, and remittances, has taken the lead in the international bitcoin market. The company, which has over 10 million consumers in more than 190 markets, is offering members the opportunity to withdraw funds from their Payza eWallets directly into their bitcoin wallet. The bitcoin payments are based on the exchange rate of both U.S. currency and bitcoin value at the time of transfer. Even though a bitcoin withdrawal takes one to three business days to process, Payza consumer exchange rates will be locked in at the moment of the transaction.

CPA announces changes to rules, standards

August 15, 2014 – The CPA board of directors approved multiple amendments to the Automated Clearing Settlement System (ACSS) and the Large Value Transfer System (LVTS) on June 25, 2014.

Payments industry mourns passing of Terry Maher

August 13, 2014 – The payments industry is mourning the passing of Terry Maher. As General Counsel of the NBCPA and through dedicated representation of numerous payments clients, Maher was a great contributor to the payments industry. Terry served as corporate counsel to the NBPCA and headed up the NBPCA’s AML Task Force, and was a member of the Corporate Section and the Technology and Intellectual Property Practice Group of Baird Holm LLP.

Canada now a global leader in BTMs

August 13, 2014 – Cavirtex has launched six bitcoin teller machines (BTMs) in Toronto, ON, and four more are set to roll out across the country shortly. As a result, Canada now has more BTMs than any other country. 

ACT Canada opens award nominations

August 12, 2014 – It's time to recognize the leaders of our industry – the innovators, champions, and social benefactors.  We are pleased to announce that the nominations for our 2014 awards are now open.  Nominate the innovators you feel deserve recognition for the – Champion's Award; Founders' Lifetime Achievement Award; Canadian Innovation Award in the categories of Payment, Secure ID, or Other applications; International Innovation Award – in the categories of Payment, Secure ID, or Other applications; and the Sonja Halvorson Memorial Award.

Mobile phone bill payments popular among gamers

August 11, 2014 – Gamers are increasingly choosing to pay for their online gaming experiences through the convenience of their mobile phone bill via carrier billing over the more traditional payment methods such as credit cards or PayPal, says a survey by Onebip by Neomobile, a global mobile payments service.

Banks need mobile marketing techniques

August 7, 2014 – Nearly 160 million people in the United States – about two-thirds of all mobile phone subscribers –own a smartphone.  Aite Group has researched consumers' use of financial applications on smartphones in its latest report, ‘Activity-Based Marketing: The Future of Mobile Marketing in Banking’. 

Top Canadian retailer Loblaw wins award for analytic excellence

August 7, 2014 – FICO , apredictive analytics and decision management software company, has announced that  Loblaw Company Ltd. has won the ‘2014 FICO Decision Management Award for Analytic Excellence’. Loblaw launched a loyalty program – PC PLUS™ – in the grocery category that delivers a one-to-one customer experience.

Grass Roots America deploys physical fulfillment solution

August 6, 2014 – Grass Roots America, Inc. has launched a physical fulfillment solution by InComm, a prepaid product and transaction services company. The solution which enables bulk and individual fulfillment for both physical and digital prepaid cards through a single API. The solution helps Grass Roots America to improve efficiency and provide a better customer experience while leveraging InComm’s global reach and portfolio of prepaid options, which includes open-loop cards, closed-loop gift cards, gaming, digital content, and wireless.

Money20/20 announces ‘Hackathon’ teams

August 6, 2014 – Money20/20, an event for payments and financial services innovation, has announced the launch of the ‘Money20/20 Hackathon’ to be held October 31 to November 2 at the Aria Resort & Casino convention facility in Las Vegas, immediately before the kick-off of 2014’s Money20/20, which will take place November 2 to 6.

Mobelisk, Bolt On Solutions partner on mPOS solution

August 5, 2014 – Mobelisk is partnering with Bolt On Solutions to bring to market a mobile enterprise tablet and cloud-based mobile point-of-sale (mPOS) device that is the ideal payment solution for any retail or services businesses seeking to process payments, manage inventory, and capture customer data on-the-go. 

Guidelines define optimal UICC configuration for mobile NFC payments

August 5, 2014 – SIMalliance, the global non-profit industry association which simplifies secure element (SE) implementation to drive secure mobile services, has published the UICC Configuration for Mobile NFC Payments v1.0.  

Contest launched to encourage bitcoin

July 31, 2014   CAVIRTEX, Canada’s first and largest full-service bitcoin exchange, has launched the #lovebitcoin social media contest, offering contestants a chance to win a bitcoin digital currency prize that continues to increase in value.

Sage North America supports Canadian small businesses

July 29, 2014 – Sage North America – a provider of business management software and services to small and midsized businesses in Canada – has entered strategic partnerships with several leading Canadian brands as part of its ongoing commitment to support small and medium-sized businesses in Canada.

North American laboratory accredited by Visa to perform level 1 testing

July 28, 2014 – FIME’s Montreal-based laboratory has been qualified by Visa to perform testing for its ‘contactless EMV analog and digital’ specifications. The qualification supports handset manufacturers by enabling the leading payments consultancy and advanced testing provider to confirm compliance of near field communication (NFC) enabled mobile devices to the functional requirements laid out by the payment system.

Federal Reserve payments study provides further details on domestic payments

July 25, 2014 – The ‘2013 Federal Reserve Payments Study Detailed Report’ provides new information on the payments landscape including updated results on the intensity of card use by consumers and businesses; further discussion of previously released information on third-party payments fraud; new estimates of over-the-counter cash withdrawals and deposits at bank branches and wire transfers made by businesses and consumers; and discussion of emerging and alternative payments likely to replace traditional payments such as cash and checks.

Risk management company expands coverage of AML product for cryptocurrencies

July 25, 2014 – IdentityMind Global, a provider of risk management and payments products, has expanded its anti-money laundering solution for Bitcoin and altcoins, including their low-cost Ignite program for Bitcoin startup companies.

Canadian economic growth remains steady

July 23, 2014 – Improving profit margins and firm commodity prices have led to an increase Russell Investments' year-end target for the S&P/TSX Composite Index from 13,800 to 15,300 according to the firm's Q3 2014 Strategists' ‘2014 Global Outlook Update’, which reflects the most recent guidance for the firm's multi-asset portfolios and services from Russell's global team of investment strategists, including commentary specific to the Canadian equity market.

Brand campaign puts people back in charge of their money

July 22, 2014 – PayPal brings a unique understanding of how people think about and use money to the launch of its first-ever brand campaign in Canada. ‘Powering The People Economy’, will reach across print, digital, out of home, experiential, mobile, and social channels.

Consumers don’t trust retailers with securing their data

July 22, 2014 – Slightly more than 50 per cent of consumers feel that the stores where they shop use security systems that adequately protect their financial data against hackers and data breaches, says ‘Global Consumers: Concerned and Willing to Engage in the Battle Against Fraud,’ a study by ACI Worldwide and the Aite Group.

Cash Passport prepaid card available for young travellers

July 19, 2014 – Access Prepaid Worldwide, a MasterCard subsidiary, has launched its ‘Young Traveller Cash Passport’ prepaid card. The card, available exclusively online, is based on its award-winning ‘Multi-currency Cash Passport’. The card has been specifically designed and tailored to appeal to the youth market by showcasing how to make travel money easier, safer, and smarter.

G&D guarantees secure payment function of BASE digital wallet

July 15, 2014 – BASE mobile subscribers can now make contactless payments using their smartphone at the supermarket, when filling up their car and in restaurants using the ‘BASE Wallet’ digital wallet – and it is just as secure as using a traditional debit or credit card. This high level of security is made possible by Giesecke & Devrient (G&D). As a partner in security, G&D supplies special SIM cards with highly secure memory for storing the digital Maestro card. It also operates a high-security data center for E-Plus, enabling them to install the payment application on the SIM card, personalize it and manage it over its life cycle.

‘Operation Choke Point’ harming merchants and consumers

July 15, 2014 – The Electronic Transactions Association (ETA), the global trade association representing the payments technology world, has released two economic studies which find that Operation Choke Point is imposing considerable costs on reputable businesses while having little impact on fraud. The studies, commissioned by ETA and released by NERA Economic Consulting and First Annapolis Consulting, each examine the benefits and costs of Operation Choke Point and find the program is unlikely to achieve the intended result of denying access to the financial system to wrongdoers, and would impose significant costs on the overall economy. Operation Choke Point is a recent federal law enforcement campaign which targets payments companies in an effort to “choke off” financing sources for industries deemed “high-risk.” 

Quarterly spending report shows Q2 consumer spending decreased by 0.32 per cent

July 16, 2014 – Canadian consumer spending remained flat for the second consecutive quarter of 2014, says the ‘Quarterly Spending Report’ released by Moneris Solutions Corporation, a credit and debit card processor. This is the first time Moneris has reported two consecutive flat quarters since issuing the reports in 2010.

Payments companies terminated more than 10,000 merchants for fraud in 2013

July 14, 2014 – The Electronic Transactions Association (ETA), the global trade association representing the payments technology world, announced today the results of a survey of its membership which found that respondents discharged more than 10,000 merchants for fraud in 2013.  The survey, along with ETA’s ‘Guidelines on Merchant and ISO Underwriting and Risk Monitoring’, are part of ETA’s larger efforts to demonstrate the payments industry’s long-standing commitment to combating consumer fraud.  These initiatives are in light of a recent federal law enforcement campaign, ‘Operation Choke Point’, which targets payments companies in an effort to “choke off” financing sources for industries deemed “high-risk.” 

Banks have new, better apps

July 14, 2014 – Smartphones promise to be the next big thing in consumer banking, holding the promise of everything from fewer trips to the local bank branch or ATM to the convenience of tap-and-go payments at retail outlets. But first, a number of hurdles still need to be overcome.

Time, money, and tech – study reveals Canadians ready to embrace mobile

July 7, 2014 – PayPal has released findings from a 15-country survey aimed to understand both universal human attitudes and country-specific variances in perspectives about time, technology, money and other central elements of the People Economy. In  Canada, the research reveals that many people are ready to ditch their wallet and head out the door with just their keys and mobile phone in hand.

ICICI Bank Canada launches mobile banking

July 7, 2014 – ICICI Bank Canada has launched its ‘ICICI Bank Mobile Banking’, offering customers a secure and convenient way to bank on the go.

Mobile payments on a high growth trajectory in Canada

June 26, 2014 – Mobile payments have ousted card-based contactless payments as the highest growth segment in the Canadian consumer payments market, says ‘Canadian Payments Forecast – 2014’, a study by Technology Strategies International Inc.  The report estimates that 22 per cent of smartphone owners have initiated a payment on their mobile phones in the past six months.  More than four out of ten of those consumers that made payments on their smartphones have conducted, on average, more than one payment transaction per month on their phone.

Fifteen million cards instantly issued with Datacard solutions

June 26, 2014 – In the U.S. alone, financial institutions have instantly issued more than 15 million cards this past year with Datacard instant issuance solutions, says Datacard Group. And, that number is projected to grow as more financial organizations adopt the technology and recognize the benefits it brings to them and their cardholders.

JUSP mPOS earns highest PCI security certification

June 25, 2014 – JUSP, the all-in-one, chip-and-pin mPOS (Mobile Point-of-Sale) solution for smartphones, tablets, and PCs, announced that its mPOS solution is now commercially available for sale, having received the most stringent security level certifications for mobile point of sale devices: EMV level 1 and 2, PCI PTS 3.1 SRED. JUSP is just one of a handful of companies worldwide that has achieved the full range of certifications.

Alliance Data to launch credit card program for Good Sam Enterprises

June 21, 2014 – Alliance Data Systems Corporation, a global provider of data-driven marketing and loyalty solutions, says its Retail Services business, which manages more than 130 private label and co-brand credit programs, has signed a long-term agreement to provide co-brand credit card services for Good Sam Enterprises. Good Sam Enterprises includes the Good Sam Club, a membership organization for RV owners with more than 1.5 million members, and Camping World, a retailer for RV products, accessories, maintenance, and repair provided through more than 105 Camping World stores nationwide and through easy online and catalog shopping.

EY closes deal with Atlantic IT and business consulting firm

June 21, 2014 – EY has welcomed Ambir Solutions, an independent IT and business consulting firm in Atlantic Canada.

Cardtek USA provides secure environment

July 20, 2014 – Cardtek USA, the American division of Cardtek Group – a provider of software for financial transactions and EMV migration, has introduced a secure environment for transaction processing and personalization, through its affiliate CredoWork. The affiliate’s remote management product, ManageANY, is designed to manage and fix remote location problems while providing remote access for offsite devices, such as ATMs and kiosks.

Reval says payments revolution still to come

June 16, 2014  – In the wake of SEPA (Single Euro Payments Area) implementations, 93 per cent of finance professionals report that they have strategic payments initiatives on their agendas for this year, but only 18 per cent are implementing payment factories or shared service centres, says a survey by Reval, a global Software-as-a-Service (SaaS) provider of comprehensive and integrated  Treasury and Risk Management (TRM) solutions.

First Data and Trustwave bring new level of data security to small- and mid-sized businesses

June 13, 2014 – Trustwave with its cloud-based information security and compliance services and First Data, a payment technology and services solutions provider have joined to provide data security to small- and mid-sized businesses.

Internet-based sales not popular among small companies

June 13, 2014 – Canadian companies, especially small ones, are missing out on the advantages of internet-based business, says a report by Statistics Canada. In 2013, Canadian businesses sold over $136 billion worth of goods and services online, registering an 11 per cent increase over the 2012.  Online sales accounted for a greater proportion of sales in general, as companies that sold online reported about 25 per cent of overall revenues to come from internet-based customers.

Blackberry to provide transaction services platform

June 12, 2014 – BlackBerry Limited has a three-year agreement with EnStream LP, a mobile payments joint venture owned by Canadian wireless carriers Bell, Rogers, and TELUS, to provide a secure platform that supports transaction services between leading banks and consumers. Under the agreement, EnStream will leverage BlackBerry’s infrastructure to enable financial institutions, including Royal Bank of Canada, TD Bank Group, CIBC, and Desjardins, and mobile operators to securely provision sensitive payment card credentials into any smartphone capable of NFC (near field communication).

Consumer spending shows healthy year-over-year growth

June 12, 2014 – First Data Corporation, the global leader in payment technology and services solutions, today released its First Data SpendTrend® analysis for May 1, 2014 through May 30, 2014, compared to May 2, 2013 through May 31, 2013. SpendTrend tracks same-store point-of-sale data by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks from nearly four million merchant locations serviced by First Data.

Canadian businesses committed to digital technology

June 5, 2014 – Established Canadian businesses can improve competitiveness by turning their strong commitment to digital technologies into more effective digital business models, says ‘CEO Briefing 2014 – The Global Agenda: Competing in a Digital World,’ a report by Accenture. The study shows that Canadian business leaders understand the connection between digital business models and growth better than many of their global counterparts, but have yet to fully anchor their global digital strategy at the level of the CEO.

SMEs cite barriers to adopting technology

June 4, 2014 – Adoption of technology can present significant challenges for small businesses looking to level the playing field with their larger counterparts, says ‘ Merchant Scope: Small to Mid-Sized Merchants Seek Competitive Technology in Omni-Channel World,’ a study by MasterCard. The merchant scope study that included small-to-mid-sized businesses in Canada, Brazil, Germany, and South Africa found that, while nearly 90 per cent have an online presence, only one in five actually offers consumers the option to buy their products and services on an eCommerce site. The two most cited barriers to adopting new technology were cost (46 per cent) and a lack of know-how (31 per cent).

Competition, Collaboration, Innovation:
Payments Panorama 2014

June 5, 2014 — The digital revolution is transforming the payments industry. While creating tremendous opportunities for increased efficiency and convenience, this transformation is introducing challenges that call for enhanced cooperation and coordination. From June 25 to 27 the Canadian Payments Association and over 400 payment experts from around the globe will gather in Charlottetown to explore developments in domestic and international payments, identify challenges and opportunities, and inform their strategies to manage this transition.

Agency model a response to shift in consumer behaviour

June 4, 2014 —  Maritz Canada and Maritz Loyalty Marketing have created a new agency under the name Bond Brand Loyalty. Bond's business model builds on the expertise and assets of the two founding agencies to combine traditional loyalty marketing services with a best-in-class customer experience, comprehensive brand engagement and a proprietary digital backbone, says the company. The focus of the new agency is to help clients achieve more sustainable and profitable brand performances by creating richer and more meaningful customer-brand relationships.

Whitecaps FC are exploring ways to use Payfirma's mobile payment apps and card readers
to increase their off-venue merchandise sales.

Payfirma scores partnership with Whitecaps FC

May 23, 2014--Payfirma signed a multi-year partnership with Vancouver Whitecaps FC of Major League Soccer (MLS). The partnership is the first of its kind between the two Vancouver-based organizations. Payfirma enables businesses to accept credit and debit card payments in their stores, online and on mobile devices and is excited to announce it is now the Official Payment Processing Technology for Whitecaps FC.

The tipping point for polymer banknotes

May 19, 2014 – Is it possible that we have reached the tipping point for polymer banknotes, asks Brendan Burge, in his article ‘The Tipping Point for Polymer Banknotes’. A recent article in the Central Banking Journal suggests that, with the adoption of polymer in Canada and the recent announcement that the Bank of England will issue five pound and 10 pound banknotes on polymer substrate, we might have the beginnings of a tidal wave of adoption by other countries — in particular, those of the G8, he says.

Mobile – an increasingly important channel for merchants

May 8, 2014--When it comes to mobile adoption, the insurance and telecoms industries lag behind, a recent study indicates. However, according to data from the annual Kount Mobile Payments and Fraud Survey, the two industries are among the highest-ranked of those planning to add a mobile offering by the end of 2014.

Payment Alliance International becomes ATMIA global sponsor

April 29, 2014--Payment Alliance International (PAI), a leader in ATM and electronic payment processing solutions, is a new global sponsor of the ATM Industry Association (ATMIA). ATMIA is an independent, non-profit trade association whose mission is to promote ATM convenience, growth and usage worldwide; protect the ATM industry's assets, interests, good name and public trust; and to provide education, best practices, political voice and networking opportunities for member organizations.

Square brings credit card readers to Shoppers Drug Mart stores across Canada

April 29, 2014--Today Square, the company helping Canadian sellers start, run, and grow their businesses with free point of sale software and card reader, announced its Square Reader is now available at 440 Shoppers Drug Mart stores across Canada with a full $10 rebate.

Credit Unions first to launch fully integrated personal financial management into online and mobile banking platform

April 16, 2014--Cornerstone Credit Union in Saskatchewan is the first financial institution in Canada to fully integrate personal financial management (PFM) tools into an online and mobile banking platform.

Former Finance Minister Jim Flaherty dies at age 64

April 10, 2014--Former Finance Minister Jim Flaherty died at his home today. Payments Business and Canadian Treasurer staff would like to offer their deepest condolences to Mr. Flaherty’s family and friends.

DCR Strategies / TruCash and Carta Worldwide partner on next generation mobile payments

April 2, 2014--DCR Strategies Inc. / TruCash ("DCR"), Canada's largest prepaid program manager has selected technology provider Carta Worldwide, to deliver next generation payment solutions including; NFC mobile payments, virtual prepaid, and integrated loyalty programs using both conventional and host card emulation (HCE) payment methods. These solutions will be immediately available to DCR / TruCash customers in Europe, Canada, USA and Latin America.

Debit card fraud drops dramatically, Interac says

March 31, 2014--Electronic payment processor Interac says debit card fraud losses caused by so-called “skimming”, or the stealing of banking information, is at a record low in Canada. Interact says losses decreased to $29.5 million in 2013 from a high of $142 million in 2009.

Optimal Payments integrates MasterPass into NETBANX merchant platform

March 27, 2014--Optimal Payments has integrated MasterPass, MasterCard's digital wallet, into its NETBANX merchant platform. MasterPass allows consumers to use any payment card or enabled device to discover enhanced and secure shopping experiences with just a click, tap or touch – online, in-store or anywhere. It moves payments forward by allowing the consumer to safely store all their payment, store card, loyalty, shipping and billing address details in one place and gives consumers the ability to make a payment from wherever they are with whatever device they have.

Torontonians can now pay with the PayPal mobile app at more than 50 cafés, restaurants

March 27, 2014--Canadians crave convenience when it comes to settling the bill. In fact, a survey* conducted by PayPal revealed that almost nine in ten (87 percent) Canadians wished they could be wallet-free. In a first for Canada, Torontonians can now leave their wallet at home and pay with the PayPal mobile app** at more than 50 of the city's most popular cafés, restaurants and food trucks. Diners get notified of exclusive offers and can tip easily with the PayPal mobile app.

AscendantFX introduces AFXLink, a new first for payments in 150+ currencies worldwide

March 27, 2014--Jason Mugford, President and CEO of AscendantFX announced the introduction of AFXLink, an easy to implement payment API designed for financial institutions, online stores and corporations.

Interac® debit card fraud skimming losses decline to record low

March 26, 2014--Interac Association reported today that Interac debit card fraud losses as a result of skimming are at a record low – decreasing to $29.5 million in 2013 from a high of $142 million in 2009. Only 25 per cent of losses in 2013, or $7.3 million, are the result of fraud exploitation within Canada. Total losses in 2013 represent 0.0093 per cent of domestic Interac debit card volume (0.93 basis points) and the lowest volume of recorded fraud losses. 

CT-Payment signs agreements with world leaders Ria Financial and CoreLogic

March 25, 2014--A major player among Canadian electronic-transaction processors, Quebec-based CT-Payment announced today the signature of two international agreements, the first milestones of its international commercialization strategy. CT-Payment will offer support to Ria Financial and CoreLogic, two first-rate players in the international financial industry, making it possible for them to process electronic transactions estimated at over 24 billion dollars a year.

Pivotal Payments announces major enhancements to Canadian platform

March 25, 2014--Pivotal Payments, a leading provider of merchant services and global payment processing solutions, today announced significant enhancements to its Canadian acquiring platform. Improvements to authorization, clearing and settlement, access to greater hardware, software and integrated payment options all mark the company’s continuous efforts to drive value and meet the current and future processing needs of Canadian business owners.

Optimal Payments partners with Borgata Hotel Casino & Spa

March 25, 2014--Optimal Payments Plc, a leading global online payment solutions provider, has entered into a partnership with the Borgata Hotel Casino & Spa in New Jersey to provide its new NETELLER service to customers of, and

Number of mPOS devices to grow more than 95% in 2014 worldwide - report

March 21, 2014--The number of mobile point-of-sale devices used by department stores, apparel and shoe stores will almost triple in 2014, recent findings indicate. According to a report from IHL Group, a global research and advisory firm for technologies deployed in the retail and hospitality industries, shipments of new mobile POS devices are expected to grow more than 95 % worldwide in 2014 and by more than 108 % in North America.

NACHA reports taking steps toward ubiquitous, same-day ACH settlement

March 19, 2014--NACHA announced today that "it is taking initial steps towards a ubiquitous, same-day ACH settlement capability. Through a “phased approach” to implementing new functionality, NACHA seeks to move the ACH Network from today’s single, next-day settlement to multiple, same-day settlement options that would be available for virtually any ACH Network transaction." Future rulemaking will be required to actually approve implementation of specific capabilities.

EMVCo publishes technical framework for its payment tokenisation specification

March 11, 2014--The EMV® Payment Tokenisation Specification - Technical Framework v1.0 has been published by EMVCo. The technical document – which will be of interest to all industry participants including merchants, acquirers, card issuers and new payment entrants engaged in the mobile and digital secure payment ecosystem – is designed to allow market implementers to develop interoperable tokenisation solutions.

Website experience has direct impact on brand perception - report

March 10, 2014--Almost 76% of ecommerce decision makers in the US, UK and Canada believe customers’ perceptions of their brand are directly impacted by the quality of user experience on their ecommerce website. Given that consideration, 33% of respondents have revealed plans to invest heavily in the overall design of their ecommerce platforms, and 29% in improving overall user experience, in order to get higher online conversion rates in 2014.

The new loyalty not just about transactions, it's about interactions says Aimia

March 6, 2014--Aimia, the loyalty management leader, released Rewarding Interactions: Are You Ready for Customer Intimacy, a global report highlighting the importance of connecting with customers beyond the transactional level, planning for interactions both before and after the purchase activity. For marketers there are opportunities to build real relationships with customers at every touch point or interaction. Companies who truly value interactions develop additional ways to reward and recognize loyal customers beyond points, cash and discounts.

Canadian company says it reinvents payments with no-fee service

March 6, 2014--AvidRetail today introduced Kash, the mobile payment alternative to credit card companies that rewards customers for shopping and reduces a retailer's credit card fees to zero. "While smartphones have been changing every aspect for our lives, the way we buy things, pay for things, and transfer money has not changed in substantial way since the introduction of the debit card," said Kaz Nejatian, the CEO of AvidRetail, "With Kash, we are using the most transformative thing in our lives, the smartphone, to completely change how we pay retailers, order products, and transfer money to our friends."

Payfirma gives developers access to full solution payment API that empowers businesses to accept mobile, online and in-store payments under one account

March 5, 2014--Payfirma, the mobile, online and in-store payments provider, is empowering merchants to accept payments in multiple ways through access to their full solution payment API. Developers can now use Payfirma’s easy-to-integrate API to build versatile products for accepting payments online and on mobile devices, so they can meet the needs of merchants who want to increase their revenue through multichannel payments and gain insight from their consolidated sales data.

RBC Royal Bank named best online banking service in Canada

March 3, 2014 --Online banking customers can once again rely on RBC Royal Bank to offer the most comprehensive online banking experience in Canada. For the fourth straight review, RBC ranked first  overall in Surviscor's Canadian Online Banking scorCard, an annual objective assessment of online features and functionality and service interaction at major Canadian banking institutions.

Canadians say welcome to online shopping - survey

March 3, 2014 --Nearly half of the Canadian internet users purchase goods online, at least monthly, according to the poll for Pricewaterhouse Coopers. The poll in question reveals that close to 87% of the interviewees purchase online at least once a year, whereas 49% shop, the least, once a month. The PricewaterhouseCoopers poll also found that respondents were using their mobile devices more often to make purchases.

Canadian consumers shopping in stores and online, but expect the 'Total Retail' package: PwC

February 26, 2014 --Canadian consumers are looking for a full slate of shopping options, according to Total Retail: Customer Expectations Driving the Next Retail Business Model, released by PwC. Canadians want convenient physical store locations, websites that enable them to find and purchase products, and easy-to-use mobile sites or apps—and retailers need to adapt in order to compete.

13 million social media conversations show what consumers think about mobile payments

February 24, 2014 --MasterCard and PRIME Research today released the second annual global MasterCard Mobile Payments Study, which tracked more than 13 million social media comments across Twitter, Facebook, online blogs and forums around the world. The study shows improved sentiment toward mobile payments and rapid growth in consumer use and merchant acceptance. Merchants carry an 88 percent positive rating with many touting mobile acceptance as a competitive advantage. As consumers increasingly turn to mobile options, merchants reluctant to accept these payments may find themselves at a disadvantage.

Tim Hortons, CIBC to launch co-branded loyalty rewards Visa credit card

February 20, 2014 --Tim Hortons and CIBC today announced an agreement to launch a co-branded credit card, which will offer instant Tim Hortons loyalty rewards to CIBC clients on their everyday spending.The new CIBC Visa credit card is scheduled to launch in May 2014, and will allow cardholders to accumulate Tim Cash rewards for all purchases made on the card. That Tim Cash can then be redeemed instantly using the same card at participating Tim Hortons locations to purchase coffee, baked goods, or any other Tim Hortons offerings.

SecureKey chosen by Royal Canadian Mint to authenticate MintChip digital currency consumers

February 20, 2014 --SecureKey, the leading provider of trusted identity networks, today announced that its Connect™ Platform has been chosen by the Royal Canadian Mint to provide device-based multi-factor user authentication for its new MintChip cloud-based digital currency.

Online/mobile banking hardest hit by cyber criminals

February 14, 2014 --Online banking and mobile operating systems have been the fields most affected by malware in 2013, according to a new security threat report by Trend Micro. The report indicates that online banking malware directly targeting victims’ finances has intensified globally in 2013, while prolific ransomware has increased and evolved throughout the year.

February 14, 2014 --The Electronic Payments Association announced the keynote and “Industry Agenda” speakers for this year’s PAYMENTS conference, the largest and most comprehensive education event for the payments industry, which will take place April 6-9 in Orlando, Fl. This year, Kristian Hammond, co-founder and chief scientist of Narrative Science, will keynote the event.

ETA names Scott Talbott as Senior Vice President of Government Affairs

February 10, 2014 --The Electronic Transactions Association (ETA), the global trade association of the payments technology industry, today announced the next step in its continued expansion of government relations activities with the hiring of seasoned financial industry and government affairs professional Scott Talbott as the association’s new Senior Vice President of Government Affairs.

NDP motion to cap ATM withdrawal fees defeated

February 7, 2014 --An NDP motion to cap ATM withdrawal fees at 50 cents was defeated in the House of Commons Tuesday. NDP consumer affairs critic Glenn Thibeault said rejecting the “common sense motion” would only boost banks’ profits. “Canadians should not have to pay two or three dollars to withdraw their own money from an ATM, especially as it costs banks as little as 36 cents to process the transaction,” he said in a statement.

RBC brings Facebook Messenger P2P transfers to iPhone app

February 5, 2014 --RBC today marked a North American first by announcing a social, person-to-person (P2P) electronic money transfer capability for customers to send money to Facebook Messenger contacts, right from within the RBC Canada app.

2014: Global B2C e-commerce sales to reach USD 1.5 trillion

February 5, 2014 --According to latest forecasts, worldwide business-to-consumer (B2C) e-commerce sales will increase by 20.1% in 2014 to reach USD 1.5 trillion. Growth will come primarily from the rapidly expanding online and mobile user bases in emerging markets, increases in m-commerce sales, advancing shipping and payment options, and the push into new international markets by major brands.

February 4, 2014 --CIBC and Teuls rolled out the CIBC Mobile Payment App to TELUS mobile devices with Near-Field Communications (NFC) capability today, which adds to the growing universe of Canadians who access mobile payments. CIBC is building it presence in the mobile payments market among Canadian banks, and the launch with TELUS offers a convenient and secure form of payment using mobile technology, the company's say. Beginning today, TELUS customers using the app and a CIBC credit card account will be able to make mobile payments at many of the most popular retailers in Canada including coffee shops and grocery stores.

Industry leaders discuss how connected technology transforms retail experience

February 4, 2014 --Canadians are about to enjoy a more connected and personalized shopping experience. At today's Wavefront Wireless Summits in Vancouver, Rogers announced Mobile Shopper, a machine-to-machine (M2M) solution that will enable customers to engage with brands in-store through mobile offers, applications and mobile payments technology all with their smartphone. RioCan, Canada's largest owner of shopping centres is the first to trial the Rogers Mobile Shopper solution in select Ontario-based shopping centres.

Optimal Payments wins Payments Solutions Provider Company of the Year Award

February 4, 2014 --Optimal Payments, a leading global online payment solutions provider, has been awarded with one top award at the International Gaming Awards dinner in London on February 3, 2014. Optimal Payments took the 'Payments Solutions Provider Company of the Year Award' that honours the company who has excelled in the payments field for either online or offline gaming, focusing on value-add, customer service, innovation, ease of use and speed of processing.

Retail Council of Canada renews RCC agreement

January 30, 2014--The Retail Council of Canada (RCC) announced today that it has renewed its exclusive agreement with Chase Paymentech, a leading global merchant acquirer, payment processor and subsidiary of JPMorgan Chase & Co., and maintained Chase Paymentech as the provider of choice for payment processing solutions to its members across Canada. The renewal agreement is for three years.

RBC Wallet now available: First mobile solution to provide Canadians with the choice of debit or credit

January 22, 2014--The RBC Wallet, powered by RBC Secure Cloud, is now available, enabling RBC Mobile clients to purchase goods and services with their RBC Interac Debit or Visa credit cards using their Bell Mobility Android smartphone. RBC is the first Canadian financial institution to provide clients with the choice of using debit or credit for their mobile payments.

E-wallets to rival cards as world’s most popular payment type by 2017

January 22, 2014--WorldPay, the global leader in payment processing, risk and alternative payments today launched ‘Your Global Guide to Alternative Payments (Second Edition)’, an in-depth study of the global payment landscape. 

December eCommerce heated up as Canadian temperatures plunged

January 17, 2014--Canadians responded to extreme weather conditions in December by taking their holiday shopping online – and they reached a major milestone in the process. For the first time in Canadian eCommerce history, the online share of retail sales totalled 7.8% for the month of December according to MasterCard SpendingPulse


HP unveils retail solutions to drive seamless customer engagement

January 15, 2014 –-HP today expanded its market-leading retail solutions portfolio with an enhanced line of touch and non-touch digital signage displays (DSDs), a new line of value-priced displays and upgrades to its mobile and fixed point of sale (POS) solutions.

Fujitsu improves self-checkout point of service economics for retailers

January 14, 2014 –-Today at the National Retail Federation’s Annual Convention & EXPO, Fujitsu demonstrated their new second generation U-Scan® Genesis® Retail Solution that enables North American retailers to offer faster self-checkout, while improving PoS economics. The new solution drives store efficiency with its highly-competitive scalability, flexibility, reliability and usability functions.


Ingenico, Starmount partner to offer retailers a joint mobile chip & PIN solution

January 14, 2014 –-Ingenico has announced a strategic partnership with Starmount, a provider of mobile software solutions that helps retailers engage with customers across channels by delivering a more personalized shopping experience.

MagTek announces the launch of DynaPro and DyanPro Mini to provide security and mobility for a variety of card-based payments

January 14, 2014 –-MagTek, a global leader in retail electronic payments security technology, today announces the launch of its DynaPro suite of payment terminals. MagTek understands the merchants' need for flexibility, security and return on investment when it comes to the evolving card technology environment. To meet this demand, MagTek developed the DynaPro suite of devices for the traditional brick and mortar countertop and the rapidly growing mobile platforms that support Apple's iOS and Bluetooth 4.0 (BLE).

Toshiba Global Commerce Solutions certifies VeriFone terminals for point of sale software widely used by grocers

January 14, 2014 –-VeriFone Systems, Inc., announced today that its MX 915 and MX 925 consumer-facing, multi-media payment terminals have been certified by Toshiba Global Commerce Solutions, Inc., for use and support with Toshiba’s SurePOS  Application Client/Server Environment (ACE) software.

Royal Canadian Mint, Ingenico offer a sneak peek into the future of digital currency

January 14, 2014 –-Now retailers will, for the first time, be able to accept digital cash from customers conveniently, affordably and securely. At the 2014 National Retail Federation’s Annual Convention & EXPO, happening in New York this week, Ingenico is introducing the first proof-of-concept of the Royal Canadian Mint’s new MintChip digital payment R&D technology.


ETA Announces Visa and Google keynotes for “TRANSACT 14: Powered by ETA”

January 9, 2014 --The Electronic Transactions Association (ETA), the global trade association representing the payments technology world, announced today the keynote speakers for “TRANSACT 14: Powered By ETA,” the industry’s largest payments and technology event.  Elizabeth Buse, Executive Vice President, Global Solutions at Visa and Ariel Bardin, VP of Product Management, Payments, Google Inc., will deliver industry insights and expertise to 4,000 payments technology and retail professionals.

Consumers worldwide want more banking via smartphones, FICO survey finds

January 7, 2014 --FICO, a leading predictive analytics and decision management software company, has released the results of an international survey of smartphone consumers showing that they want to do much more mobile banking than most of today's smartphone apps permit.

Canadians have higher expectations on the future of m-payments in 2014 - report

January 3, 2014 --According to a recent survey dubbed "Rogers Innovation Report: Tech Trends 2013," published by Canadian telecoms company Rogers Communications, 52% of Canadians own a smartphone and 33% own a tablet. The report also finds that these mobile device owners expect changes to the retail landscape, with 50% of respondents expecting to spend more money shopping online than in physical stores within the next five years.

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