Tagged: interac

Interac Acquires Canadian Rights to Use Toronto based Vouchr Platform

Interac Corp. announced it has entered into a strategic transaction to acquire the exclusive Canadian rights to use Toronto-based Vouchr Ltd.‘s engagement platform which enables users to send and receive personalized multi-media notifications along with their money transfers. With this strategic transaction, Interac intends to… Read More

Global Digital Disbursements in Canada Introduced by Bank of America via Interac e-Transfer

Bank of America (NYSE: BAC) is announcing the launch of its alias solution, Global Digital Disbursements to its commercial clients holding deposit accounts at the bank’s branch in Canada. Global Digital Disbursements facilitates “the processing of multiple B2C payments and C2B collections where the identifier… Read More

Crypto Adoption: Coinbase Launches Business Operations in Canada

Coinbase (NASDAQ:COIN) has announced its official entry into the Canadian market, “backed by the integration of Interac payment rails, with banking and payment partners, enabling seamless fund transfers, and the introduction of Coinbase One – a 30-day trial offering zero trading fees, enhanced staking rewards,… Read More

Canada’s Debit Network Interac Adds Backup Supplier After Massive Rogers Outage

Canada’s debit network Interac is reportedly adding a backup network provider after this past week’s large-scale outage at Rogers, which had left millions of clients unable to complete payments. In statements shared with Reuters, the company’s management noted: “We are adding a supplier (besides Rogers)… Read More

Payments Canada Chooses TCS as Integration Lead for Real-Time Rail, a Real-Time Payment System

Payments Canada has announced the selection of Tata Consultancy Services (TCS) (BSE: 532540) (NSE: TCS), a global IT services, consulting and business solutions organization, “as the integration lead for Canada’s real-time payment system, the Real-Time Rail (RTR).” TCS will help plan and orchestrate activities “with… Read More

Canadian Fintech XTM Announces Expansion of Cashless Ecosystem With RBC & Interac

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday it is using the Interac Bulk eTransfer solution offered by RBC (TSE: RY) to help its business clients facilitate near real-time payments. According to XTM, the solution allows XTM customers or Today… Read More

Interac Opens Outpost & Accelerator Innovation Lab at Communitech

Interac Corp. announced earlier this week the launch of its new Interac Lab, which is described as an innovation outpost and accelerator at the Kitchener-based tech hub, Communitech. According to Interac, the Interac Lab will support research and development, offering a space for hands-on experimentation…. Read More

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