The pandemic has been the primary driver of rising digital banking usage this year in Canada and will continue to drive further spending by banks' on their digital platforms in the near term and long
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This year has been marked with incredible resilience, recovery, and innovation with the payments industry playing a vital role in supporting businesses and citizens through the pandemic. Here are our most viewed payment infographics of
This content was recently presented by our friends at FDATA North America to one of the big 5 Canadian banks. How Consumer Financial Data Access Works Today Credential-based authentication – “screen scraping”Some FIs restrict or block
The pandemic has helped accelerate the shift in consumer buying habits from in-person to e-commerce channels. This year Black Friday shopping numbers showed in-store traffic down by half from the year before with online spending
Cashless Payments Dominate Earlier this month Payments Canada released its annual report on payment methods and trends. The report looked at more than 22 billion payment transactions made in 2019 – providing insight on both
Last month we joined our technology partner Fiserv on the virtual main stage at API World to discuss how financial data aggregation works, its benefits and real world use cases. Here's a summary of what
Fintech adoption has nearly tripled in Canada, increasing from just 18% in 2017 to 50% in 2019. Canadian digital-only banks will experience an increase in account holders between 2020 and 2024 at an annual growth
The Payments as a Service (PaaS) model eliminates the need for costly and lengthy implementations. Instead, it shifts to a subscription-based technology designed to reduce upfront IT spend, enhances client flexibility and gives access to
You can access our Visa Direct service (AKA VoPay Istant) through our developer-friendly API or payment portal to send real-time payouts to almost any Visa Debit cardholder in Canada 24 hours a day, 7 days
In the summer we released our first quarterly 'Open Banking Movers and Shakers'. We're pleased to share an updated list with several new additions. Welcome Wealthsimple, Borrowell, Financial Data Exchange, Payments Canada and Marble! All