Published December, 6, 2018
Payments Canada, in collaboration with EY, has published a case study that shares insights into a global payments provider’s advances in its modernization journey.
The findings speak to the company’s projected return on investment and lessons learned from their payments modernization efforts. This includes productivity savings in relation to the adoption of ISO 20022, innovated opportunities stemming from increased data richness and availability, and the impact of the third batch interbank exchange window to clients. The organization’s operating model are also examined.
This is the first of a series of case studies that focus on identifying how Canadian businesses, governments and other organizations can benefit from modernized payments.
Payments Canada Research
Explore our research section for more in-depth, technical research and analysis on topics of relevance to the Canadian and international payments ecosystems.