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… SUMMIT on June 1, 2021. Could you give us a sneak peek into what we’ll hear? I'll be talking about the practical options … and the new payment opportunities that it might afford different players around the ecosystem (including some very … your vast experience in payments for the 21st century, what are some of the current payments trends you’re seeing …
… in financial services and commercial and consumer payments. What motivates you to do what you do? People. I am … - how and why they make certain choices (especially if their choices are different to mine). I have always … it probably isn’t. Always make sure you take advice from someone who's going in the same direction that you want to …
… role in growing the businesses and penetrating into difficult markets. As its CEO, Andy is leading the Flo2Cash … creating stand-alone payments infrastructure and solutions. What motivates you to do what you do? As a principle I love … advice you received? One day I was very upset about how someone reacted to me in a situation, and was planning how …
… established rules and standards which set out the specifications for cheques (Standard 006), and cheque images … it. If the cheque is made out to more than one person or if someone is giving you a cheque that was made out to them, … the third-party. … Our rules and standards do not address what a financial institution needs to verify on an item. It …
… What’s the first thing you do when you wake up in the … with the addition of checking your banking app to see if your pay made its way into your account. Payments … you have a question about your finances or your paycheque, someone else has it too. This Financial Literacy Month, I …
… to a Registered Retirement Savings Plan (RRSP). But giving someone permission to withdraw funds from your bank account … authorized and protect against improper withdrawals. If you need detailed information, Rule H1 (which applies … bank account regularly to make sure the withdrawals match what you approved in the PAD agreement. What should be in …
… fraud. 32 per cent of Canadians struggle with knowing what payment-related communications they receive are … and creates hesitation around paying bills out of concern if they are legitimate or a potential scam. Fraud and cyber … statement (38 per cent); 2) Impersonator contact, meaning someone contacting them via email, telephone, SMS text or …
… regulated entities and more choices for Canadians. So now what? Where to Listen: … Transcript of the recording … the questions. I'll start with a quick overview question: What amendments did Payments Canada ask for in the CP Act … over 20 years. Since that time, payments have evolved significantly. We need to expand membership to accommodate the …
… whether or not to introduce CBDC into the Canadian economy. What is CBDC? CBDC is digital money issued by a country’s … For clarity, liabilities are items that the bank owes to someone else, an example of a commercial bank liability … This is an important distinction to make because if the Bank of Canada decides to issue a CBDC, Payments …
… fraud. 32 per cent of Canadians struggle with knowing what payment-related communications they receive are … and creates hesitation around paying bills out of concern if they are legitimate or a potential scam. Fraud and cyber … statement (38 per cent); 2) Impersonator contact, meaning someone contacting them via email, telephone, SMS text or …