Dye & Durham Launches Groundbreaking Automated Error Correction Feature for CANACT BillPay Platform
TORONTO, May 6, 2025 /CNW/ - Dye & Durham Limited (TSX: DND) ("Dye & Durham" or the "Company"), a leading provider of cloud-based, legal and financial technology solutions, today announced the launch of an innovative automated error correction feature within its industry-leading CANACT BillPay platform. This first-of-its-kind advancement directly addresses a key recommendation from the Payments Canada task force on the modernization of bill payment services, resolving long-standing inefficiencies and significantly improving the experience for millions of Canadian users.
Supporting over 20 million retail and corporate users, CANACT BillPay is one of the country's largest bill payment services, connecting leading financial institutions to more than 15,000 national billers. With this new feature, financial institutions and billers can now streamline and automate the complex process of managing bill payment corrections, reducing resolution times from weeks to just days.
"This is a major step forward in modernizing Canada's bill payment infrastructure," said Yves Denomme, CEO of Dye & Durham Financial Solutions. "By eliminating manual bottlenecks and improving transparency, our automated error correction tool empowers financial institutions and billers to deliver faster, more secure, and more reliable payment experiences to their customers. It's a game-changer for operational efficiency and customer trust."
Until now, the bill payment error correction process has been largely manual and cumbersome, relying on phone calls, emails, and faxes that leave resolution times often stretching into weeks or even months. The new automated process offers full transparency, enhanced compliance with regulatory standards, and robust security, while also allowing financial institutions to initiate returns and traces directly within their online systems.
As Canada's payments ecosystem continues to evolve, Dye & Durham's enhancements to CANACT BillPay reflect its deep commitment to innovation, regulatory alignment, and empowering institutions with the tools they need to thrive in a digital-first world. Dye & Durham will be showcasing the new enhancements as a part of the 2025 Payments Canada SUMMIT taking place May 6 th to 8 th, 2025 in Toronto.
About Dye & Durham Limited
Dye & Durham Limited provides premier practice management solutions empowering legal professionals every day, delivers vital data insights to support critical corporate transactions and enables the essential payments infrastructure trusted by government and financial institutions. The company has operations in Canada, the United Kingdom, Ireland, Australia and South Africa. Additional information can be found at www.dyedurham.com.
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The Market Online
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Almonty Industries – NASDAQ listing, Pentagon, world-class mine, critical raw materials: ride the perfect wave
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Almonty has deliberately established protective mechanisms: Offtake agreements with a safety net : Long-term purchase agreements with fixed minimum prices protect against slumps. At the same time, the Company benefits if tungsten prices continue to rise. A new addition is an exclusive agreement with US defense contractor Tungsten Parts Wyoming (TPW) and Israeli processor Metal-Tech. TPW has secured at least 40 tons of tungsten oxide per month, which is intended exclusively for US defense applications such as missiles and drones. The minimum prices ensure predictable revenues with unlimited upside potential. : Long-term purchase agreements with fixed minimum prices protect against slumps. At the same time, the Company benefits if tungsten prices continue to rise. A new addition is an exclusive agreement with US defense contractor Tungsten Parts Wyoming (TPW) and Israeli processor Metal-Tech. TPW has secured at least 40 tons of tungsten oxide per month, which is intended exclusively for US defense applications such as missiles and drones. The minimum prices ensure predictable revenues with unlimited upside potential. Favorable capital : The project financing of USD 75.1 million was provided by KfW IPEX-Bank, which had confidence in the project and the management team. This secured low interest rates. : The project financing of USD 75.1 million was provided by KfW IPEX-Bank, which had confidence in the project and the management team. This secured low interest rates. Strategic flexibility: Over 50% of Korean production is not tied to long-term contracts. The purchase agreements for tungsten production in Portugal also only run until the end of the year. This agility allows the Company to make the most of market opportunities. US anchor: More than just a move Almonty's relocation of its headquarters from Canada to the US is not a bureaucratic act. 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Team of experts: A Door opener in Washington The appointment of Alan Estevez, former Under Secretary of Commerce for Industry and Security, to the Board of Directors highlights the Company's ambitions. Estevez is no mere figurehead. He is considered an expert in national security, defense logistics, and strategic trade. ' Alan's firsthand experience in procurement, contracting, and supply chain will be particularly important as we expand our position as a key allied supplier of tungsten ,' said Black. Also joining the board of directors in March was General Gustave F. Perna, who has expertise in global logistics and supply chain strategies and an extensive military network. This is complemented by a membership in the Critical Minerals Forum (CMF), a think tank funded by the US Defense Advanced Research Projects Agency (DARPA). Access to AI-powered forecasting models for commodity demand and prices gives Almonty a strategic information advantage. 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Conflict of interest Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as 'Relevant Persons') currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a 'Transaction'). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company. In this respect, there is a concrete conflict of interest in the reporting on the companies. In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships. For this reason, there is also a concrete conflict of interest. The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies. Risk notice Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such. The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. 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The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events. In particular, this press release contains forward-looking information relating to, among other things, the results and ongoing evaluation of Lac Knife concentrate material processed by American Energy Technologies Company (AETC), the potential to meet nuclear-grade graphite purity and EBC specifications, and the Company's future participation in the nuclear graphite supply chain. It also includes statements regarding the expected advancement and permitting of the Company's Lac Knife Project, its strategic focus on supplying ultra-high-purity graphite for nuclear, battery, and defence applications, and the possibility of entering into commercial agreements, joint ventures, or downstream processing partnerships as part of its dual-stream development strategy. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information. SOURCE Focus Graphite Inc.
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