Search

… within seconds, between accounts that may be at different financial institutions. So this can be done at any time … irrevocable payments between accounts at different financial institutions, 24 hours a day, seven days a week … of that, the RTR system needs to implement a very robust risk management framework behind those payments. And this …

… versus a direct clearer. And this allowed us to apply our risk framework as it pertains to products and services, and, … is. So, at WealthSimple, we aim to be the primary financial relationship for our clients. We serve over 3 … were clear for innovation and competition and ecosystem and financial stability as well. So going through those customer …

… to Payments Canada's bill payment framework on Canadians, financial institutions and businesses. Payments Canada is … have on billers, consumers who make bill payments and any financial institution or organization that provides bill … act as a Payor’s FI based on a number of factors, including risk management, volume and/or value requirements, or …

… one, but not least. And this is topical for today, is open risk-based access to foster competition and innovation in … Canada, from regulators of payment systems and other financial market infrastructures. That really say a national … how we can make it easier for Canadian entrepreneurs in the financial space to grow and then use Canada as a staging …

… on Canadians. The COVID-19 pandemic triggered unprecedented financial support from the federal government to Canadians … led to job losses and reduced employment income. 4 These financial support payments were made through direct deposit … several reasons: Canadians were less concerned about the risk of transmission of the COVID-19 virus by handling paper …

… to be thought through properly. It is to be focusing on a risk-based approach and all of the beauty of that. We know … off by saying, really encouraged by the collective group of financial institutions, trade associations, and just the … helping our members live their best lives, fair access to financial services and thinking digital first. And these …

… obviously, to the legal team and compliance and policy and financial market risks, etc. Even the technology side again, depending on the … the cash manager group, the legal and policy group, and the financial market risk group to name a few. We also even work …