"Rogers Communications, Canada's largest telco, has moved into banking and plans to issue credit cards — both a plastic version and a mobile version that will be stored on Rogers smartphones.
The mobile carrier received the go-ahead in September from the Office of the Superintendent of Financial Institutions to launch the credit card business.
It's the first Canadian telco to enter the credit card market, and the move could have a profoundly disruptive effect on the country's banking industry." Continue Reading
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