Israeli tech investment group Viola Ventures has raised $100 million with the backing of a pool of asset managers, banks and insurance companies towards the creation of a $150 million dedicated fintech investment fund.
Today Mastercard and Scotiabank announced that Scotiabank customers now have access to fast, simple and secure online payments with Scotiabank Masterpass.
Canadian debit network Interac has introduced support for Samsung Pay, enabling customers of participating banks to add their cards to the mobile wallet and make NFC payments.
Scotiabank announced today a new and innovative partnership between Canada and Latin America's leading start-up accelerator, NXTP Labs, at the Fintech Conference 2017 in Bogotá, Colombia.
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.
© Finextra Research 2017