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Emerging Payment Tech Continues to Gain Steam Over Cash, Mastercard Says

July 27, 2022 by Knowlton Thomas Leave a Comment

Half of Canadians used less cash this last year than in the past, suggests a new survey highlighting the Pandemic-accelerated shift in payments culture.

Three-quarters of Canadians have used at least one emerging payment method in the last year, which includes cryptocurrency, digital cards, and “Buy Now, Pay Later” services. According to Mastercard’s New Payments Index, this figure is project to rise to 88% next year. [Read more…] about Emerging Payment Tech Continues to Gain Steam Over Cash, Mastercard Says

Filed Under: News Tagged With: Dello, Helcim, Koho, Mash, Mastercard

KOHO Taps Mastercard to Offer Canadians Faster Payments

July 15, 2022 by Knowlton Thomas Leave a Comment

Toronto-born KOHO Financial kicked the year off by closing a $210 million Series D funding round.

“I think our growth is evidence that Canadians are looking for something different,” Daniel Eberhard, founder of KOHO, said at the time. [Read more…] about KOHO Taps Mastercard to Offer Canadians Faster Payments

Filed Under: News Tagged With: Koho, Mastercard

Mastercard Launches Changeworks to Help Nonprofits with Digital Transformation

July 14, 2022 by Knowlton Thomas Leave a Comment

Mastercard has launched Changeworks, the core mission of which is to support Canadian not-for-profits by helping them improve their technology and data capabilities. [Read more…] about Mastercard Launches Changeworks to Help Nonprofits with Digital Transformation

Filed Under: News Tagged With: CanadaHelps, Mastercard

Canada Looks to Eradicate Legacy Payment Systems by Building the Real-Time Rail

June 28, 2022 by Knowlton Thomas Leave a Comment

The global digital economy is fast-paced and competitive—in certain areas perhaps more so than ever.

The payments industry is one such example, where evolution is rapid and constant, from both technology and policy standpoints: across the board—and the globe—significant disruption is occurring. [Read more…] about Canada Looks to Eradicate Legacy Payment Systems by Building the Real-Time Rail

Filed Under: News Tagged With: Interac, Mastercard, Payments Canada

Mastercard Acquires Toronto-based Fintech Ethoca

April 15, 2019 by Fintech Newsdesk Leave a Comment

Mastercard is acquiring  Ethoca, a Toronto-based fintech company that help merchants and card issuers collaborate in real-time to quickly identify and resolve fraud in digital commerce. [Read more…] about Mastercard Acquires Toronto-based Fintech Ethoca

Filed Under: News Tagged With: Ethoca, Mastercard

Mobeewave Closes US$16.5 Million Round Led by Mastercard

November 15, 2018 by Fintech Newsdesk Leave a Comment

Montreal’s Mobeewave has announced that it has closed a US $16.5 million Series B round of funding led by NewAlpha Asset Management, Mastercard and Forestay Capital.

[Read more…] about Mobeewave Closes US$16.5 Million Round Led by Mastercard

Filed Under: News Tagged With: Mastercard, Mobeewave

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