Category: Payments

Canada, PaymentsLeave a comment

Real time, real possibilities: 60 per cent of Canadian businesses ready to adopt real-time payments

Colin Henderson

 Summarize ​ August 20, 2026 Author Jon Purther Director, Research, Payments Canada Jon’s career encompasses more than 25 years of senior management experience in forensic research and strategic marketing management, including domestic and international assignments. With Payments Canada, Jon is spearheading a team involved in both strategic foresight and product/market research. Key takeaways:  A Halifax manufacturer misses a lucrative two per cent supplier discount by six hours – not because they couldn’t pay, but because their payment was stuck in limbo. Meanwhile, across the country, a Vancouver business owner stares at her spreadsheet, unable to forecast cash flow because customer … Continue reading Real time, real possibilities: 60 per cent of Canadian businesses ready to adopt real-time payments

Canada, PaymentsLeave a comment

Financial flexibility: The power and potential of real-time payments for Canadian consumers

Colin Henderson

 Summarize ​ August 17, 2026 Author Jon Purther Director, Research, Payments Canada Jon’s career encompasses more than 25 years of senior management experience in forensic research and strategic marketing management, including domestic and international assignments. With Payments Canada, Jon is spearheading a team involved in both strategic foresight and product/market research. Research shows appeal and readiness for real-time payments across demographics and payment scenarios. Key takeaways: As the launch of Canada’s Real-Time Rail (RTR) approaches in Q4 2026, Payments Canada research indicates a sustained high level of Canadian demand for instant, 24/7 account-to-account payments. Canadian consumers are showing clear interest … Continue reading Financial flexibility: The power and potential of real-time payments for Canadian consumers

Canada, PaymentsLeave a comment

Why Canadian payments platform Moneris is being sold to U.S. private equity

Colin Henderson

 Summary ​ Uday Rana2:07 Canadian commercial solutions and payment processing platform Moneris will soon have a new owner in an American private equity firm. Moneris, one of Canada’s largest commerce solutions providers, is jointly owned by the Bank of Montreal and the Royal Bank of Canada. American private equity firm Francisco Partners, which specializes in dealing with technology companies, will buy the platform for $2 billion, Moneris said in a statement. RBC and BMO will each get a 50 per cent share from the Moneris sale. Both banks saw their shares jump on Monday. Partnering with the U.S. private equity firm will … Continue reading Why Canadian payments platform Moneris is being sold to U.S. private equity

crypto, Payments, productivity, Risk2 Comments

Compare USDC (Circle) vs USDT (Tether) in 2025

Colin Henderson

The battle is now on. The newest StableCoin USDC offered by Circle is regulated with clearly defined regularly audited reserve requirements. Tender which has been around 5 years longer offers a StableCoin USDT. The challenge lies in the difference between the StableCoins and no regulation exists to define a StableCoin. USDT has loosely defined reserves comprising third party off balance sheet items and which can be deemed worthless to a banker. USDC on the other had requires US $ cash with no obtuse excuses for apparent reserve matching. I did some research across sites using Perplexity (not Google) and. here … Continue reading Compare USDC (Circle) vs USDT (Tether) in 2025

Payments

Lessons from Canada’s struggles with faster payments

Colin Henderson

Mon, Jun 26, 2023 Canada’s Real-Time Rail, a payments system that was originally set to go live this month, has been delayed again as the body that runs Canada’s domestic payments networks pauses to perform a second review of the project’s risks. Payments Canada, which drives Canada’s domestic payments networks through a board of independent directors this month said the RTR’s rollout would be indefinitely delayed. The first delay was announced last fall, leading to a three-month review of RTR’s operations plan and risks. RTR is a 24-hour instant payments network that’s been in development for years, enabling Canadians to … Continue reading Lessons from Canada’s struggles with faster payments

Payments

ING DIRECT Frees Canadians from Bank Fees with THRiVE ChequingTM, a No-Fee Daily Chequing Account that actually pays interest

Colin Henderson

Exciting news from ING this morning.  I knew this was coming but not the details till now.  For more details go to http://www.your185.ca/ which is a very cool URL relative to this product. I have been preaching for some time that bank product design since 2007 is not really attacking the core aspect of post crisis consumer need which I would characterise as features that support a deleveraging environment, where people saving and paying down debt is the defining average consumer strategy.  This new product from ING supports that strategy with a full featured yet cheap chequing facility. ING Direct … Continue reading ING DIRECT Frees Canadians from Bank Fees with THRiVE ChequingTM, a No-Fee Daily Chequing Account that actually pays interest

Payments

A model to help understand mobile payments | Glenbrook

Colin Henderson

The world of payments is mysterious and confusing to most bankers, and mobile payments is orders of magnitude worse.  Glenbrook operate on a simple categorisation that helps to follow.  This is a nice review of CTIA Wirleless conference just held at Las Vegas. Mobile Payment Themes from CTIA | PaymentsViews Point of Sale (POS), eCommerce, Person-to-Person, Bill Payment and B2B Technorati Tags: payments,glenbrook Continue reading A model to help understand mobile payments | Glenbrook

Payments, SEPA, US

Non Cash Growth as a barometer of Payment Innovation

Colin Henderson

CapGemini have come out with their World Payments Report – 2009 [pdf 60 pages]. Lots of statistics, but the one that leapt out at me is this. Japan stands out as a growth leader, despite being a mature economy.   Certainly their growth potential is large given the traditional consumer cash economy, but I have to look at the North American lowly 5% and wonder that lack of innovation in payments is not a driver. Certainly there remains lots of cash transactions to convert to payments but nominal innovation in the works to migrate to electronic.  The report notes that cash … Continue reading Non Cash Growth as a barometer of Payment Innovation

Payments2 Comments

Bring the banking experience forward to the transactional experience

Colin Henderson

There is an enormous intelligence in this paragraph from Dave. It centres on the reality that with each transaction, a consumer is making a decision about their banking service. That service may be merely a payment card, or it may be a BarclaysBofALloyds Card. it doesn’t matter. What has really happened is that the product experience has transferred from the old view of product, the bank account, to the new view, which is the experience. The experience occurs at the ATM, the POS terminal, the online banking session, the iphone app (oops you haven’t got that!). The customer experience is … Continue reading Bring the banking experience forward to the transactional experience