Interac

Coinbase obtains registration as a Restricted Dealer in Canada

Retrieved on: 
Thursday, April 4, 2024
Venrock, CSA, Q&A, Partnership, Peoples Group, Policy, Investment, Ecosystem, Work, CAD, Interac, Cryptocurrency

TORONTO, ON, April 04, 2024 (GLOBE NEWSWIRE) -- Today, Coinbase announced it has been registered as a Restricted Dealer by the Canadian Securities Administrators (CSA), making Coinbase the first international and largest cryptocurrency exchange to be registered in Canada.

Key Points: 
  • TORONTO, ON, April 04, 2024 (GLOBE NEWSWIRE) -- Today, Coinbase announced it has been registered as a Restricted Dealer by the Canadian Securities Administrators (CSA), making Coinbase the first international and largest cryptocurrency exchange to be registered in Canada.
  • This milestone, following its formal launch in August 2023, reinforces Coinbase’s commitment to Canada as a Go Deep market.
  • Throughout this process, Coinbase closely collaborated with Canadian regulators to establish a policy framework that serves as a global benchmark.
  • “This is a significant milestone in Coinbase’s journey in Canada,” said Lucas Matheson, CEO, Coinbase Canada.

RC Show 2024 Releases Sneak Peek at its Dynamic Speaker Lineup

Retrieved on: 
Wednesday, April 3, 2024
The French Laundry, History, Workshop, Wine, ICAN, Restaurant, THC, Accident, DEI, Interac, Inclusion, Certification, LEVEL, Diversity, Coffee, Cannabis, Interim, Breakfast, Organization, MasterClass, Woman, Philosophy, Food, BDC, Introduction, RC, Happy Accidents, Guinness, Family, Food safety, Wagman, Netflix, Ipsos, Blueprint, CBD, Life, Collection, Management

Learn about the latest innovations, valuable insights, current issues, and discover solutions that will help support the industry going forward.

Key Points: 
  • Learn about the latest innovations, valuable insights, current issues, and discover solutions that will help support the industry going forward.
  • RC Show gives attendees access to world-class educational and interactive speaker sessions, workshops and panels over three days, across six stages.
  • Here’s a taste of this year’s programming highlights and who RC Show is bringing to the table:
    Kick off the RC Show Speaker Series with a bang.
  • Catch her bartending skills live and up-close on the RC Pop-Up Stage April 9, 11 a.m.-1 p.m.

BitMart Partners with Banxa to Launch the World's First Seamless BMX Purchase Service, Jointly Building the BMX Ecosystem

Retrieved on: 
Tuesday, April 2, 2024
POLi Payments, Partnership, Launch pad, GBP, Apple Pay, Cryptocurrency and crime, Ecosystem, Fiat, Interac, Cryptocurrency

With the integration of Banxa, BitMart has successfully introduced fiat currency purchasing services for cryptocurrencies to users in over 160 countries and regions.

Key Points: 
  • With the integration of Banxa, BitMart has successfully introduced fiat currency purchasing services for cryptocurrencies to users in over 160 countries and regions.
  • Now, BitMart users can directly purchase BMX and over 150 other cryptocurrencies using more than 30 types of fiat currencies, including USD, EUR, GBP, AUD, etc.
  • The launch of this new service allows BitMart users to more conveniently exchange fiat currency for BMX.
  • With the launch of the seamless BMX purchase service via Banxa, the BMX ecosystem has taken another significant step forward.

As two thirds struggle to spot scams, Interac equips Canadians with the 1-2 punch to fight fraud

Retrieved on: 
Tuesday, March 26, 2024
Boxing, Education, Resource, Fraud, Deception, Interac, Reni, Online shopping

Despite nearly seven in 10 (69 per cent) Canadians believing they are familiar with the signs of fraud, only 36 per cent of respondents find scam attempts easy to spot.

Key Points: 
  • Despite nearly seven in 10 (69 per cent) Canadians believing they are familiar with the signs of fraud, only 36 per cent of respondents find scam attempts easy to spot.
  • With this challenge in mind, Interac is stepping into the ring with Fraud Fighters, a fresh approach to fraud education.
  • As fraud has become more complex and its indicators less obvious, awareness and education can often be the first line of defence for Canadians to stay vigilant in combatting fraud tactics and attempts.
  • That's why I'm thrilled to partner with Interac for this one-of-a-kind program to co-host the Fraud Fighters classes and help participants better identify and prevent fraud year-round."

Young adults are prime targets for fraud on social media, but many are too embarrassed to admit they've been a victim of a scam: TD Survey

Retrieved on: 
Wednesday, February 28, 2024
Social media, Senior, Education, Fraud, Digital Connectivity, Learning, Interac, Identity theft, Human, Credit card, Research, Pressure, Cryptocurrency

As young adults navigate how to manage their finances, many are also finding themselves grappling with heightened concerns regarding financial fraud.

Key Points: 
  • As young adults navigate how to manage their finances, many are also finding themselves grappling with heightened concerns regarding financial fraud.
  • "As financial fraud schemes become more sophisticated and difficult to detect, falling victim is nothing to be embarrassed about.
  • Instead, it's important to remain hyperaware of potential threats and arm yourself with the knowledge to protect yourself from future fraud attempts."
  • TD Voiceprint: TD VoicePrint™ is a voice authentication technology that allows TD to verify who you are based on your voice.

Interac partners with FACE, Launching Interactive Mapping Tool to Boost Visibility of Black-Owned Businesses Across Canada

Retrieved on: 
Tuesday, February 20, 2024
SMB, Black Canadians, Education, Entrepreneurship, Federation, Small business, Interac, FACE, Organization, Map, Consciousness, Heart, Mindfulness, Research, Environment, Partnership

The interactive map will also be beneficial for large-scale business owners looking to diversify their supply chains.

Key Points: 
  • The interactive map will also be beneficial for large-scale business owners looking to diversify their supply chains.
  • This tool is part of a new three-year sponsorship with FACE, a Black-led non-profit organization aimed at accelerating wealth creation for the Black community in Canada.
  • "We are excited to embark on this transformative partnership with Interac," said Tiffany Callender, Co-Founder and Chief Executive Officer of FACE.
  • Together, we aspire to empower and uplift the vibrant community of Black entrepreneurs, promoting inclusivity and driving positive change across Canada."

Canadians have lost confidence in the privacy of their personal data, Interac survey finds

Retrieved on: 
Tuesday, January 23, 2024
Artificial intelligence, Legislation, Privacy, Magnetic resonance, Trust, Federation, Interac, Innovation, Language, Organization, Online shopping

TORONTO, Jan. 23, 2024 /CNW/ - Canadians feel they have lost control of their personal data.

Key Points: 
  • TORONTO, Jan. 23, 2024 /CNW/ - Canadians feel they have lost control of their personal data.
  • Findings from a recent survey by Interac Corp. (Interac), published during Data Privacy Week, reveal nearly eight in 10 Canadians (77 per cent) feel their personal data is more exposed than ever before.
  • "Consumers are increasingly concerned about the privacy and security of their personal data and are dissatisfied with the status quo," said Colette Stewart, Managing Counsel and Enterprise Privacy Lead at Interac.
  • The majority of Canadians (87 per cent) believe they should have the ability to tell organizations to delete their personal information whenever they choose.

Central 1 paves the way for data-rich wire payments in Canada; among the first to offer full ISO 20022 functionality

Retrieved on: 
Tuesday, November 21, 2023
Transfer, FX, Business, Interac, ISO, Ambiguity, Cryptocurrency

The full adoption of the ISO 20022 messaging format for both incoming and outgoing wire transfers means Central 1 members and clients now have access to significantly more efficient payment processing and improved data analytics opportunities.

Key Points: 
  • The full adoption of the ISO 20022 messaging format for both incoming and outgoing wire transfers means Central 1 members and clients now have access to significantly more efficient payment processing and improved data analytics opportunities.
  • “This development demonstrates the strength of the cooperative ecosystem in driving payment innovations.
  • Central 1 made a strategic shift to a new platform, specifically designed to enable both the reception and transmission of ISO 20022 MX, as part of Canada’s Payments Modernization journey.
  • “The rich and structured data enabled by ISO 20022 is an essential element of the next generation of payments.

EQ Bank Card launches in Québec as Carte Banque EQ

Retrieved on: 
Monday, November 20, 2023
Mastercard, EQ Bank, RCI Banque, Retail, Comte, Interac, Global Industry Classification Standard, Travel, Bank, Online shopping, Financial services

Popular bank card gives customers the ability to earn, save, and spend their money

Key Points: 
  • Popular bank card gives customers the ability to earn, save, and spend their money
    TORONTO, Nov. 20, 2023 /PRNewswire/ - EQ Bank (Banque EQ in Québec) is offering Québec customers a new way to earn, save and spend their money, with the introduction of its popular EQ Bank Card1 (Carte Banque EQ).
  • EQ Bank Card customers are actively using it every day and across more than 140 countries (20% of total card transactions are international).
  • The EQ Bank Card rounds out that offering and we're confident that this is the card Québec customers will want in their wallet for day-to-day spending, cash access, or travel."
  • The EQ Bank Card offers several distinctive features for an everyday bank card:
    Free cash withdrawals from any ATM in the country.

Centrobill Expands Global Billing Presence for High Risk Industries

Retrieved on: 
Thursday, November 9, 2023
Alipay, PIX, Gambling, ACH, Local, WeChat, Software, LATAM, Interac, SEPA, Boleto

The revamped website comes as Centrobill expands its business operations worldwide.

Key Points: 
  • The revamped website comes as Centrobill expands its business operations worldwide.
  • Centrobill, a payment solution for high-risk industries, is expanding its reach globally.
  • "We know the unique challenges of these markets and have developed innovative payment solutions that work for higher risk industries," says Chris Tisdall, Head of Sales for Centrobill.
  • "As we expand our reach, and increase our offerings, we're better able to serve rapidly growing businesses with dependable, client-tailored solutions.