Interac Association

65 results about this entity

Period: 17 Oct 2007 - 16 Apr 2024

Pivotal Payments becomes Interac Direct Connector

Pivotal Payments, a leading provider of technology-driven global payment processing solutions, announced today it has achieved certification as Direct Connector to the Interac Association Inter-Member Network.

Swift's Perez-Tasso warns of defining cybersecurity moment

As Swift grapples with the fallout from a spate of recent attacks on bank websites, the messaging network's chief executive of the Americas and UK, Javier Perez-Tasso, has warned that the financial services industry is facing a defining moment in the fight for cybersecurity.

Norwegian debit network BankAxept taps Canada's Interac for contactless payments

Interac Association/Acxsys Corporation ("Interac"), Canada's leading payments brand, announced today its collaboration with BankAxept, Norway's domestic debit network, bringing together the market-leading strengths of each organization to help accelerate the rollout of contactless and mobile debit solutions in Norway.

Canadian banks sign on for Apple Pay

Apple has finally struck deals with Canada's banks to bring its mobile payments services to the country's Visa, MasterCard and Interac cardholders.

Interac debit card fraud losses plummet for the sixth consecutive year

Fraud numbers released today by Interac Association (“Interac”) show that Interac Debit losses, due to skimming, have continued a six year drop setting a new record low of $11.8 million in total losses to financial institutions in 2015.

Canada's credit unions tap Interac Flash for mobile payments

Canada's credit unions will be offering a new secure Mobile Pay service using Interac Flash starting this spring. Credit union member/owners will be able to use their supporting smartphones to make purchases directly from their savings or chequing accounts at retailers displaying the Interac Flash logo.

Canada's Interac introduces tokenisation service

Canadian debit network Interac is promising to make digital payments more secure through the introduction of a token generation and management service.

Scotiabank introduces bulk Interac e-transfer service

Scotiabank and Interac Association/Acxsys Corporation ("Interac") today announced the launch of Bulk Interac e-Transfer for Scotiabank's business banking customers.

Interac backs Toronto fintech cluster

Toronto's new financial technology cluster has signed up one of the country's biggest fintech players, debit payment group Interac, as a strategic partner.

Everlink puts Interac debit chip on wristband

Everlink Payment Services Inc. today announced that it has completed a proof of concept market trial for its latest debit card innovation – DebitWear™. DebitWear™ is a contactless-only, debit card form factor that uses the same EMV and Near Field Communication (NFC) technology currently being used for Interac Flash™ enabled cards.

Royal Bank of Canada adds HCE to mobile app

Royal Bank of Canada has implemented Host Card Emulation for its mobile banking app, enabling customers to pay with most Android mobile phones without worrying about being on the right mobile network or having the right SIM card.

Interac prepares to add contactless capability to Canadian debit cards

Canada's Interac Association is eyeing a national roll out of debit cards featuring its new 'Flash' contactless payments functionality after a series of successful trial transactions.