MTS signs $2.5-million contract to set up network to modernize cheque-clearing process

TORONTO – MTS Allstream has secured a three-year, $2.5-million contract to design, build and manage a MPLS network for the Canadian Payments Association (CPA). The network will span 15 sites across Canada and will be one of two used to deploy CPA’s Truncation and Electronic Cheque Presentment project, an initiative aimed at modernizing the cheque-clearing process. “We’re pleased to be providing the CPA with a robust secure network that can support their national cheque imaging project,” MTS Allstream president of Enterprise Solutions John MacDonald said Wednesday. “This contract speaks to the integrity of our network, and our 20-year history of...