Search results
… / EY study begins to quantify benefits of payments modernization for business community OTTAWA, February 6, 2018 — The way Canadian businesses process payments costs them $2.9 … to the report, delays in payments processing and a lack of data and transparency in payment messaging create a number of …
… for 73 per cent of all transaction volume versus cash at 21 per cent, reports Payments Canada. OTTAWA, December 5, 2019 - New technology and payments innovation are transforming the way Canadian consumers and businesses make payments, …
… 62 per cent using less cash; 42 per cent avoid shopping at places that don’t accept contactless payments. OTTAWA, May 13, 2020 - … dramatic shifts in Canadians’ payment preferences since the pandemic took affect in Canada. The study compared …
… Canada’s payments Modernization program is moving along quite nicely and, as outlined … Transfer (AFT) – or batch payments - will be first out of the gate. We are looking forward to seeing this important … that. A new payment system with faster funds delivery than today, as well as near-term improvements to the current AFT …
… payors, like insurance companies, stand to benefit the most from payments modernization. Payments Canada asked Brent Mizzen, Assistant Vice … information but forgets to tell their insurance company. In today’s world, the insurance company has to track down the …
… Launch represents another milestone in payment innovation OTTAWA, September 1, 2021 - Payments Canada announces today the launch of the first release of Lynx , Canada’s new …
… Digital innovation and payment fraud concerns create shifts in small business behaviours and attitudes OTTAWA, June 21, 2022 — More than two years after the World Health Organization declared the outbreak of the …