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… In the 2023 Fall Economic Statement (FES), the federal government … This is tremendous news for the Canadian payment ecosystem, because we are now on the path to expanded Payments Canada membership and participation in our national payment systems. … the sense of urgency, but also a little intimidated by how much work still needs to be done. It feels like a lot. …
… New research from Payments Canada shows that over one-third of Canadians are open to using new … if the option is available. Those living outside of Quebec are significantly more likely (42 per cent) to use … security and protection against payment fraud. Conversely, young Canadians (aged 18-34) make up the largest percentage …
… Fraud was disproportionately higher among newcomers and younger Canadians: Canadian newcomers experienced nearly … practice key fraud mitigation measures including; limiting how much personal information is shared (78 per cent); using …