A dozen member banks of the R3 distributed ledger consortium have been trialling Ripple's network and native currency to tackle the costs and inefficiencies of interbank cross-border payments.
Working under the R3 banner, a gang of eight banks have successfully tested a distributed ledger prototype for bond transactions using Intel technology.
A new gift from Scotiabank will help the University of Toronto’s Rotman School of Management continue to produce the leading management talent that companies in Canada and the world need to operate successfully in the digital economy.
In response to changes by the Federal Government which allow for online authentication of identity, Scotiabank (TSX: BNS) (NYSE: BNS) is pleased to offer customers the ability to open a chequing or savings account online in less than five minutes.
Scotiabank customers in Canada and Mexico will be able to apply for and access a small business loan, up to $100,000, in as little as seven minutes through a new partnership with Kabbage, a leading financial technology and data company and disruptor in the online lending business.
Scotiabank today launched Apple Pay for customers in Canada.
Apple has finally struck deals with Canada's banks to bring its mobile payments services to the country's Visa, MasterCard and Interac cardholders.
Scotiabank co-chief information officer Kyle McNamara talks to Finextra about how the bank is adapting to the digital future, going mobile, using analytics and working with the local fintech community.
Visa is vowing to transform from a payments network to an open platform through the launch of a developer portal that gives banks, merchants and tech firms access to its technology, products and services.
Scotiabank is inviting Toronto's geeks to take part in a hackathon designed to find creative ways to help Canadians manage their debt.
© Finextra Research 2016