Thursday, 29 March 2012

'CANADIAN GOVT TOLD TO TAKE M-PAYMENTS LEAD; BANKS SEEN AS BARRIER TO INNOVATION'

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CANADIAN GOVT TOLD TO TAKE M-PAYMENTS LEAD; BANKS SEEN AS BARRIER TO INNOVATION
Canada's government must work with the private sector to develop a mobile money ecosystem as part of a wider overhaul of the country's payments infrastructure that could save C$32 billion a year in productivity gains, claims a task force report commissioned by finance minister Jim Flaherty.

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