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Central 1, Vancity and First West credit unions partner to launch enhanced Interac e-Transfer® instant digital payments

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VANCOUVER, B.C., September 8, 2021 – Central 1 Credit Union (Central 1), one of the largest payments processors for Canadian financial institutions and government organizations and payments partner of choice for emerging fintechs, in collaboration with Vancity and First West credit unions has successfully launched the first phase of Interac e-Transfer® for Business. The solution is an enhancement to the existing Interac e-Transfer service that enables the receipt of real-time, account number routed and data-rich transactions.   Vancity and First West Credit Union are...

Central 1 to Close September 30 for National Day of Truth & Reconciliation

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Recently, this country established a federal statutory holiday on September 30 each year, a National Day for Truth and Reconciliation, in connection with the desire to advance the commitment to reconciliation. Observed in many parts of the country over the past several years as Orange Shirt Day, in memory of the special shirt removed from Phylllis Webstad on her first day of residential school at age six...