A leader in EDI technology

In September 1989, BMO was the first bank to install an automated ordering process,along with Telecom Canada. The process used Electronic Data Interchange (EDI), which involved the electronic exchange of business documents, such as purchase orders and invoices, through computer-to-computer communication.

By the 1990s, BMO was recognized as a leader in electronic banking, and had taken a proactive role in the development, implementation and evolution of Canada’s financial EDI within the Canadian Payments System.


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