Globally, countries like Sweden are often cited as benchmarks for digital payments, with their sophisticated real-time systems and growing cashless societies. Sweden’s approach integrates technologies such as digital identification, contactless payments, and centralized banking, setting a high standard for efficiency and inspiring other nations as they look to the future of automated payments. [Read more…] about Is Canada Ready for a Fully Automated Payments Future?
Dye & Durham
The Case for Automating Error Correction in Bill Payments
A Necessary Shift for Canada’s Financial Institutions
Bill payments are a vital component of financial transactions in Canada, with over 1.6 billion bills paid annually and a total expenditure of CAD 6.5 trillion each year. Since 2016, Payments Canada has been modernizing the country’s payment systems, achieving significant improvements in the efficiency and reliability of bill payment processing. [Read more…] about The Case for Automating Error Correction in Bill Payments
Dye & Durham Modernizes Bill Payments with Automated Error Correction Tool
Dye & Durham has announced the launch of an automated error correction feature within its CANACT BillPay platform, a first-of-its-kind advancement that addresses persistent inefficiencies in Canada’s bill payment infrastructure. [Read more…] about Dye & Durham Modernizes Bill Payments with Automated Error Correction Tool
Next-Gen Fintechs Set Canada’s Future Stage Among Trends Impacting Finance
For decades—actually, about a century—little transformation occurred throughout the makeup of Canada’s financial sector. The same familiar faces became “The Big Five,” a title crowned with an air of Mount Rushmore-like permanence. [Read more…] about Next-Gen Fintechs Set Canada’s Future Stage Among Trends Impacting Finance
To Get Canadians on Board with A.I., Fintechs Must Include a Human Touch
High interest rates have had a significant impact on the financial wellbeing of Canadians for over a year now, with people split on which direction they believe the Bank of Canada will move in June. [Read more…] about To Get Canadians on Board with A.I., Fintechs Must Include a Human Touch
A.I. is Already Everywhere in Fintech—But Regular Canadians Aren’t Sold Yet
39% of Canadians believe we are currently in a recession, new data from Dye & Durham shows, up from last year. [Read more…] about A.I. is Already Everywhere in Fintech—But Regular Canadians Aren’t Sold Yet
Amid Current Gloom, Emerging Tech Spotlights Brighter Future Economy
Canadians are “seriously concerned” about the state of the economy heading into 2024, a recent report from Dye & Durham found. [Read more…] about Amid Current Gloom, Emerging Tech Spotlights Brighter Future Economy
Report Finds Friction in Fintech as Hesitancy Lingers Around AI Adoption
More than half of Canadians anticipate a recession within the next year; one-third believe we are already in a recession, according to new data from Dye & Durham. [Read more…] about Report Finds Friction in Fintech as Hesitancy Lingers Around AI Adoption
Dye & Durham Unveils Unity Global Platform: A Revolutionary Leap in Legal Tech Innovation
Toronto’s Dye & Durham is committed to being at the forefront of innovation in legal technology and today they demonstrated that with the launch of their Unity® global platform. [Read more…] about Dye & Durham Unveils Unity Global Platform: A Revolutionary Leap in Legal Tech Innovation
Dye & Durham Surpasses $100M Annual Recurring Revenue, Poised for Future Growth
Dye & Durham, a leading provider of cloud-based legal practice management software, announced today that it has achieved a significant milestone by surpassing $100 million in annual recurring revenue (ARR). [Read more…] about Dye & Durham Surpasses $100M Annual Recurring Revenue, Poised for Future Growth