Smooth Commerce Offers White-Label Mobile Payments via Scotiabank Lab

Smooth Commerce, a Canadian fintech participating in the Scotiabank Digital Banking Lab program, developed and offered white-label platform solutions for merchants during 2018. The platform enabled multi-location retailers and merchants to deploy branded mobile payment capabilities, customer loyalty programs, and custom mobile applications without building technology from scratch. Scotiabank's Digital Banking Lab served as both an incubator and accelerator, providing Smooth Commerce with access to the bank's customer network, compliance guidance, and industry expertise.

For Scotiabank, the relationship allowed the bank to extend its reach into merchant-facing embedded finance without internal product development. The white-label model meant merchants could present these services under their own brands, creating a seamless customer experience. This was part of a broader trend where 56% of top global banks ran business-accelerator programs by late 2018 as stepping stones to deeper fintech partnerships.

Financial terms and specific merchant deployments were not publicly disclosed.