Mastercard, Cisco and Scotiabank have added their weight to the Enterprise Ethereum Alliance as part of a wave of 34 new members signing up for the project to promote the uptake of Ethereum as the foundation for running smart contracts in Fortune 500 enterprises.
Points (TSX:PTS) (Nasdaq:PCOM), the global leader in powering loyalty commerce, today announced that they are working with The Bank of Nova Scotia (Scotiabank), one of the world's leading financial institutions, to power new loyalty capabilities of the Scotiabank Mobile Banking app.
Android Pay has arrived in Canada, with several of the country's biggest banks making the mobile payments service available to Mastercard and Visa credit cardholders as well as Interac debit card users.
Scotiabank is to fund a $2 million cybersecurity and financial risk initiative at the University of British Columbia.
Canada's Scotiabank has spent the last few months testing a distributed ledger platform from tech firm AlphaPoint.
Canada's Scotiabank has fleshed out its "digital transformation" plan, predicting that its massive outlay on new technology will lead to big efficiency improvements.
Scotiabank has opened a 70,000 square foot Digital Factory in downtown Toronto which will house 350 digital, design, engineering and agile experts working to improve customer experiences.
As part of its growing leadership in the digital economy, today Scotiabank announced a three-year sponsorship of NextAI to support Canadian youth and entrepreneurship in the growing field of artificial intelligence (AI).
Scotiabank (TSX: BNS) (NYSE: BNS) announced today the appointment of five Digital Banking leaders who will drive the Bank's digital strategy in its key markets of Canada, Mexico, Peru, Chile and Colombia.
Scotiabank and QED Investors are collaborating on an initiative to inject capital and industry expertise into select Latin American fintech companies.
© Finextra Research 2017