25 news stories.
• Should TD Bank Group be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should TD Bank Group be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
TD Bank Group acquires artificial intelligence innovator Layer 6 — TD Bank — “Layer 6 adds new capabilities to TD’s growing base of innovation talent and know-how. Artificial intelligence has the potential to power a new generation of data-driven applications from personalized and real-time advice to predictive analytics that will shape the future of banking for millions of individuals.”
Forget iris scans, Canadians to use blockchain for digital IDs — Bloomberg — “Soon Canadians will be able to verify personal information for everything from driver’s licenses to banking using mobile phones and blockchain… Canada’s six largest lenders, including Toronto-Dominion Bank and Royal Bank of Canada invested C$30m (US$24m) in the project. The country’s three main wireless carriers — owned by Rogers Communications Inc, Telus Corp and BCE Inc — are also involved through their EnStream venture, along with a number of provincial governments.”
TD announces conversational AI platform agreement with Kasisto — Kasisto — “Through the AI-powered interactive chat interface, TD app users will be able to check account information, review transaction histories and monitor spending levels. In addition, customers will also be able to get instant answers about specific spending-related questions including how much they spent on a recent weekend getaway, what their largest transaction was last week, or what they spent on categories like groceries or coffee last month.”
TD Canada for iOS now lets you easily add TD cards to Apple Pay — iPhone in Canada – “TD Canada for iOS has been updated to make it easier to add your TD cards to Apple Pay… This update will assist new Apple Pay users to easily adopt the mobile wallet, as all they have to do is verify their TD cards within the bank’s iOS app, instead of scanning or manually entering numbers within Apple Wallet.”
Android Pay has begun rolling out across Canada with support for eligible Visa and Mastercard credit cards from BMO Bank of Montreal, CIBC, Banque Nationale, Scotiabank, Desjardins, President’s Choice Financial, ATB Financial and Canadian Tire Financial Services as well as prepaid Scotiabank and Desjardins cards... More
A blockchain-based digital identity network that will let Canadians verify their identity to organisations of their choice and access services such as new bank accounts, driving licenses or utilities using a mobile app is now undergoing testing ahead of a planned launch later this year. The service is backed by a group of Canadian banks that includes BMO, CIBC, Desjardins, RBC, Scotiabank and TD. More
TD Bank in the US has begun supporting Microsoft Wallet... More
Customers of Canada’s TD Bank, Scotiabank and BMO Bank of Montreal can now make in-store and in-app payments using Apple Pay... More
Canadian open NFC mobile wallet provider Ugo has added a host card emulation (HCE) based solution to its Ugo Wallet and is using tokenization technology from Visa for the service... More
TD Bank and Scotiabank will soon support Apple Pay in Canada, following the announcement that MasterCard, Visa, Interac and five other banks have also added their support to the mobile payment service... More
Samsung Pay will soon support eligible credit and debit cards from TD Bank and Regions Bank, taking the total number of supporting banks and credit unions in the US to 130 — more than 75% of the country’s credit and debit card market... More
Canada’s TD Bank Group has added support for host card emulation (HCE) based mobile payments to the TD Mobile Payment application that it launched in May 2014. The service is the first in Canada to make use of Visa’s tokenization technology, the bank says. More
Canadian open NFC mobile wallet provider Ugo is in the process of incorporating a host card emulation (HCE) solution into its Ugo Wallet and expects to begin offering the service by the early summer of this year, the company has told NFC World. More
US payment network Discover, gift card provider Blackhawk Network and fourteen financial institutions are to add support for Samsung Pay in the coming months, Samsung has announced, and consumers that are using the service have made an average of eight transactions since its launch four weeks ago. More
More than 100 TD Bank customers in Toronto, Canada are to begin piloting an NFC version of Nymi, a biometrically authenticated wristband that uses the wearer’s unique cardiac rhythm to verify their identity... More
The Canadian Bankers Association (CBA) has published a mobile payments white paper intended to “encourage the introduction and adoption of new and innovative mobile payments products and services in Canada without compromising the integrity of the Canadian payments infrastructure”... More
Ugo, the open NFC mobile wallet developed by Canadian banks President’s Choice Financial and TD Bank Group, has signed up 50,000 users since December... More
Apple Pay has signed up support from “dozens more banks, retail stores and start-ups”, with new additions including SunTrust, Barclaycard, USAA, TD Bank North America, Commerce Bank and Amway Center — the home of the Orlando Magic basketball team — The New York Times reports... More
Toronto-Dominion Bank is expected to announce a partnership with New York based banking app maker Moven to help its customers use their smartphones to keep track of every purchase they make, The Globe and Mail reports... More
Ugo, an open NFC mobile wallet developed by Canadian banks President’s Choice Financial and TD Bank Group, is now available to customers of all three major Canadian carriers who own one of a range of supported BlackBerry 10 and Android NFC devices... More