SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  ------------



                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): October 29, 2003

                                  ------------


                               724 SOLUTIONS INC.
               (Exact name of registrant as specified in charter)

       ONTARIO, CANADA                 000-31146                INAPPLICABLE
- ----------------------------     ------------------------    ------------------
(State or Other Jurisdiction     (Commission File Number)      (IRS Employer
      of Incorporation)                                      Identification No.)

                          4101 Yonge Street, Suite 702
                             Toronto, Canada M2P 1N6
                    (Address of principal executive offices)

                                 (416) 226-2900
                (Registrant's telephone no., including area code)






         ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
         EXHIBITS.

         Exhibit 99.1 Press Release, dated October 29, 2003.


         ITEM 12. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

         On October 29, 2003, 724 Solutions Inc. (the "Company") announced via
press release the Company's results for the three and six months ended September
30, 2003. A copy of the Company's press release is attached hereto as Exhibit
99.1. This Form 8-K and the attached exhibit are provided under Item 12 of Form
8-K and are furnished to, but not filed with, the Securities and Exchange
Commission.

         The press release contains non-GAAP financial measures, as such term is
used under Regulation G adopted by the Securities and Exchange Commission. The
Company believes that the presentation of pro forma numbers is useful to
investors because such information excludes accounting charges associated with
the Company's past acquisitions, depreciation charges and non-recurring charges
with a view to providing investors with insight into the Company's operating
costs. The presentation of pro forma results is consistent with our past
practice and what we believe to be accepted industry practice.








                                        2





                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                   724 SOLUTIONS INC.


                                   By: /s/ GLENN BARRETT
                                       ------------------
                                       Name: Glenn Barrett
                                       Title: Chief Financial Officer and Senior
                                       Vice President, Corporate Services
Date:  October 29, 2003