Search Results for: Bank of Canada
Android Pay is Now Live in Canada with Mastercard
June 1st, 2017
Today, Google confirmed that Android Pay, enabling contactless mobile payments with Android-based devices, is now live in Canada. It provides millions of Mastercard cardholders with yet another innovative, fast and secure way to pay, wherever Mastercard contactless payments are ...
Canadian Bank introduces robot workers
April 27th, 2017
The next time you walk into an ATB branch, you could be greeted by a four-feet tall dancing humanoid robot named Pepper. The companion robot, created by Softbank Robotics America, is the first of its kind capable of recognizing human emotion, ...
How hackers took complete control of a legit Brazilian bank
April 5th, 2017
A Brazilian bank had its entire IT operations taken over by hackers in a ‘stunning compromise’ that saw each of its 36 domains, corporate email and DNS under the attacker’s control. The three-month long heist was uncovered last October ...
Switzerland moves to end banking secrecy
December 5th, 2016
Today, the Federal Department of Finance (FDF) initiated the consultation on introducing the automatic exchange of information (AEOI) in tax matters with a series of other countries. The AEOI with these countries should enter into force on 1 January ...
The Reserve Bank of New Zealand announced the new Chair of the Board
September 27th, 2016
The Reserve Bank of New Zealand, New Zealand’s Central Bank, has issued an announcement to inform that Professor Neil Quigley has been elected Chair of the Reserve Bank’s Board of Directors, replacing Dr Rod Carr. Ms Kerrin Vautier has ...
The Central Bankers’ Bold New Idea: Print Bitcoins
July 20th, 2016
When it comes to bitcoin and digital currencies, central banks might be considering the adage: “If you can’t beat them, join them.” In a research paper published on Monday, economists at the Bank of England advocated that central banks issue their own ...
Contactless payments take off in Canada
June 1st, 2016
The value of contactless payments made by consumers in Canada more than doubled over the past year, according to a new study published by Technology Strategies International Inc. The report titled, Canadian Payments Forecast – 2016, estimates that the ...
Oil dips on record U.S. inventories; Canada output to improve soon
May 11th, 2016
Oil prices dipped on Wednesday as Canadian oil sand production was expected to gradually ramp up following forced closures due to wildfires, and as record crude inventories especially in the United States put pressure on markets. An ongoing fight ...
Banks Still Closing Accounts Over Bitcoin Activity
January 11th, 2016
Finding a bank that makes it easy to buy and sell bitcoin continues to be a challenge. The problem doesn’t come as a surprise to CCN readers, given that some major banks have questioned the need for bitcoin. (Some ...
Russia’s Biggest Bank Wants To Adopt Blockchain. Not Bitcoin
December 11th, 2015
Sberbank, the biggest bank in Russia might adopt blockchain technology in the future. The bank plans to join the international consortium R3 and develop blockchain based services. However, as in the case of other international big banks, it doesn’t plan to use ...
