|
Carta Worldwide
Carta Worldwide is a Canadian financial technology company that offers digital payments technology and modern card issuer processing for banks and financial technology "fintech" companies. In addition to their Canadian headquarters in Toronto, Carta has offices in London, Casablanca, and Charlottetown, PEI. Carta operates internationally, providing financial technology and digital payment software and cloud API issuer processing. Carta's clients include Vodafone, PayPal, Banco Sabadell, Westpac NZ, and Novum Bank, Nets Group, nets, TransferWise, and Sodexo. The company also partners with Visa Inc., Visa and MasterCard. Carta was the world's first processor to complete integration to MasterCard MOTAPS, enabling rapid deployment for Near field communication, NFC programs. Their Charlottetown, PEI, data centre is the only secure third party issuer processing data host for financial services in Canada. Carta was part of the development team that produced ApplePay and was the first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PayPal
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee. Established in 1998 as Confinity, PayPal went public through an IPO in 2002. It became a wholly owned subsidiary of eBay later that year, valued at $1.5 billion. In 2015 eBay spun off PayPal to its shareholders, and PayPal became an independent company again. The company was ranked 143rd on the 2022 Fortune 500 of the largest United States corporations by revenue. History Early history PayPal was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Confinity, a company that developed security software for hand-held de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mobile Payments
A mobile payment, also referred to as mobile money, mobile money transfer and mobile wallet, is any of various payment processing services operated under financial regulations and performed from or via a mobile device, as the cardinal class of digital wallet. Instead of paying with cash, cheque, or credit cards, a consumer can use a payment app on a mobile device to pay for a wide range of services and digital or hard goods. Although the concept of using non-coin-based currency systems has a long history, it is only in the 21st century that the technology to support such systems has become widely available. Mobile payments began adoption in Japan in the 2000s and later all over the world in different ways. The first patent exclusively defined "Mobile Payment System" was filed in 2000. In developing countries, mobile payment solutions have been deployed as a means of extending financial services to the community known as the "unbanked" or "underbanked", which is estimated to be a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raphaels Bank
R. Raphael & Sons Limited, trading as Raphaels Bank, was a small UK-based independent bank that provided prepaid and credit card services, personal savings products, consumer credit, and a multi-currency ATM network. It was established in 1787 by Dutchman Raphael Raphael who moved to London at the start of the Napoleonic Wars. The bank was owned by the Raphaels family until 1983 and was owned by the Lenlyn Holdings plc starting in 2004. It went into liquidation in October 2020. History R Raphael & Sons was founded by Dutchman Raphael Raphael, in 1787. Raphael built up a considerable wealth during the Napoleonic wars, and later diversified the business to include stockbroking, foreign banking and bullion broking. Successive generations of the Raphael family moved into public share issues, raising loans for European governments, and transactions in American railway stocks in Europe. In 1890, Raphael's was a major contributor to the Bank of England fund to rescue Barings Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tokenization (data Security)
Tokenization, when applied to data security, is the process of substituting a sensitive data element with a non-sensitive equivalent, referred to as a token, that has no intrinsic or exploitable meaning or value. The token is a reference (i.e. identifier) that maps back to the sensitive data through a tokenization system. The mapping from original data to a token uses methods that render tokens infeasible to reverse in the absence of the tokenization system, for example using tokens created from random numbers. A one-way cryptographic function is used to convert the original data into tokens, making it difficult to recreate the original data without obtaining entry to the tokenization system's resources. To deliver such services, the system maintains a vault database of tokens that are connected to the corresponding sensitive data. Protecting the system vault is vital to the system, and improved processes must be put in place to offer database integrity and physical security. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cantech Letter
The ''Cantech Letter'', formerly known as the ''Dollarton Cantech Letter'', is a monthly online magazine about Canadian technology stocks, established in 2010 by Nick Waddell. ''Cantech Letter'' publishes articles, interviews and analyses of the companies in the Toronto Stock Exchange ''Technology, Cleantech and Life Sciences Indices''. History and profile Founded in 2010, the ''Cantech Letter'' was originally known as the ''Smalltech Letter''. In 2010, it was acquired by Dollarton Capital and became the ''Dollarton Cantech Letter''. Now called the ''Cantech Letter'', it is a part of Cantech Communications of North Vancouver, British Columbia. The ''Cantech Letter'' has drawn content from contributors such as Kirk Exner of Newcoast Capital, Adam Adamou of Caseridge Capital, and Ron Shuttleworth of M Partners and Razor Capital Partners. The ''Cantech Letter'' has published several articles that address a perceived lack of government and industry support for Canadian technology an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venture Round
A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the primary stimuli for the development of new companies and technologies. Features Parties *Founders or stakeholders. Introduce companies to investors. *A lead investor, typically the best known or most aggressive venture capital firm that is participating in the investment, or the one contributing the largest amount of cash. The lead investor typically oversees most of the negotiation, legal work, due diligence, and other formalities of the investment. It may also introduce the company to other investors, generally in an informal unpaid capacity. *Co-investors, other major investors who contribute alongside the lead investor *Follow-on or piggyback investors. Typically angel investors, high-net worth individuals, family offices, institut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oakville, Ontario
Oakville is a town in Regional Municipality of Halton, Halton Region, Ontario, Canada. It is located on Lake Ontario between Toronto and Hamilton, Ontario, Hamilton. At its Canada 2021 Census, 2021 census population of 213,759, it is List of towns in Ontario, Ontario's largest town. Oakville is part of the Greater Toronto Area, one of the most densely populated areas of Canada. History In 1793, Dundas Street (Toronto), Dundas Street was surveyed for a military road. In 1805, the Legislative Assembly of Upper Canada bought the lands between Etobicoke and Hamilton, Ontario, Hamilton from the indigenous Mississaugas people, except for the land at the mouths of Bronte Creek, Twelve Mile Creek (Bronte Creek), Sixteen Mile Creek (Ontario), Sixteen Mile Creek, and along the Credit River. In 1807, British immigrants settled the area surrounding Dundas Street as well as on the shore of Lake Ontario. In 1820, the Crown bought the area surrounding the waterways. The area around the creeks ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Near Field Communication
Near-field communication (NFC) is a set of communication protocols that enables communication between two electronic devices over a distance of 4 cm (1 in) or less. NFC offers a low-speed connection through a simple setup that can be used to bootstrap more-capable wireless connections. Like other "proximity card" technologies, NFC is based on inductive coupling between two so-called antennas present on NFC-enabled devices—for example a smartphone and a printer—communicating in one or both directions, using a frequency of 13.56 MHz in the globally available unlicensed radio frequency ISM band using the ISO/IEC 18000-3 air interface standard at data rates ranging from 106 to 424 kbit/s. The standards were provided by the NFC Forum. The forum was responsible for promoting the technology and setting standards and certifies device compliance. Secure communications are available by applying encryption algorithms as is done for credit cards and if they fit the crite ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Visa Inc
Visa Inc. (; stylized as ''VISA'') is an American multinational financial services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa is one of the world's most valuable companies. Visa does not issue cards, extend credit or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash access programs to their customers. In 2015, the Nilson Report, a publication that tracks the credit card industry, found that Visa's global network (known as VisaNet) processed 100 billion transactions during 2014 with a total volume of US$6.8 trillion. This article is authored by a ''Forbes'' staff member. Visa was founded in 1958 by Bank of America (BofA) as the BankAmericard credit card program. Available through ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TransferWise
Wise (formerly TransferWise) is a London-based financial technology company founded by Estonian businessmen Kristo Käärmann and Taavet Hinrikus in January 2011. History Wise was founded by Taavet Hinrikus (Skype's first employee) and financial consultant Kristo Käärmann. Its system has been compared to the hawala money transfer system. In its first year of operation, transactions through Wise amounted to €10 million. In 2012, Wise was named as one of "East London's 20 hottest tech startups" by ''The Guardian'', Start Up of the Week by ''Wired UK'', one of five "start-ups to watch" at Seedcamp's 2012 US Demo Day by TechCrunch, and appeared in Startups.co.uk's list of the top 100 UK start-ups of 2012. In April 2013, Wise stopped letting users purchase Bitcoin, citing pressure from banking providers. Independent comparison site Monito reported that Wise was on average 83% cheaper than the big four UK banks on major currency "routes", but could be up to 90% cheaper in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
