The pandemic brought us many things. Many challenges of course, but there were also a few bright spots that we like to refer to as COVID silver linings. One silver lining was the increasing demand
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You’re going to hear a lot about account-to-account payments (A2A) in the coming years. Overseas, they are already causing disruption throughout the financial sector. In fact, according to the Worldpay Global Payments Report 2020, A2A
The future is here. Now. Digital payments have arrived. It’s time for businesses to not only familiarize themselves with digital payments but embrace them and understand that they are a key factor in the growth
Electronic Funds Transfer (EFT) is incredibly popular in Canada. At last check it accounted for 77% of total payments —that’s almost 17 billion transactions in Canada. It’s essential for businesses to recognize this number and
In recent years, countries around the world have been moving to upgrade their legacy systems to enable real-time payments and data-rich transactions. In 2016, Canada announced plans to build a new core clearing and settlement
Digital payments were considered a luxury in many markets before 2020, but that changed as the COVID-19 pandemic accelerated slow-moving trends away from cash and cheques and towards reliance on digital payments and real-time payments. Countries
Last week the 2021 Fintech & Financing Conference and Expo #FFCON was held, this digital conference reflected on the growth and challenges that the Canadian Fintech industry is currently navigating. There were various events, panels
The pandemic has shed light on a few areas in people’s lives where inefficiencies are glaring. One that jumps out is payments, specifically cash and paper cheques versus digital payments. During the height of the
As part of our blog series on integrated payments, today we’re taking a closer look at lenders and specifically how their customers can benefit from a smoother payment experience. What Are Integrated Payments? Integrated payments
We’ve all read the headlines before, “How e-Transfers are ousting paper cheques,” or “Dear Canadians: Please stop using cheques”—plus numerous articles on how cheques are irrelevant. They are old and inefficient, yet they won’t go