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… cent), intercepted business e-Transfers (22 per cent) and credit card fraud (20 per cent) were the most common types … percent of businesses enable two-step authentication for accessing their accounts whenever it is available. The … per cent of businesses feel protected by their bank, credit union or credit card provider when it comes to making …
… before. Amendments to the Canadian Payments Act would allow credit unions, regulated payment service providers (PSPs) and … for Canadians and Canadian businesses. Defining broader access to Canada’s national payment infrastructure within …
… a new discussion paper that promotes conversation about credit risk in the Automated Clearing Settlement System … which isn’t widely understood. The paper, A Primer on Credit Risk in Payments Canada’s Automated Clearing … Settlement System (ACSS), examined the magnitude of credit exposure when a Direct Clearer defaults. It also …
… industry today. Topics discussed include: how broadening access to Canada’s payment systems will benefit businesses, … Rail payment system. And we were the first non-bank non-credit union to be granted a settlement account. So we're super …
… fees associated with payment processing, especially for credit card transactions. In fact, in a recent survey, the … need for changes to the Canadian Payments Act to broaden access to Canada’s payment infrastructure. What potential opportunities or benefits do you see broader access delivering to Canadian businesses? As new technology …
… of Policy and Government Relations at Payments Canada, says credit unions are drivers of competition and consumer access to financial services. … Samantha Whynot is the …
… Modernization, specifically the need for open, risk-based access to foster competition and innovation in the … the Modernizing Automated Clearing Settlement System (ACSS) Access consultation paper, signifying a key outcome of our …
… Rail (RTR) will benefit small businesses and why expanded access to Canada’s payment system is critical to ignite … look at the sellers we serve shows us we’re expanding access among demographic groups. I’ll share two specific … are not subjected to a waiting period and they get instant access to their hard-earned funds. Are you optimistic about …
Payments Canada introduces data-rich messages to high-value payments in Canada with Lynx Release Two
… Canadian Imperial Bank of Commerce (CIBC) Central 1 Credit Union Citi Fédération des caisses Desjardins du Québec … our clients to navigate the pace of change. Combined with access to data-rich payments, this model helps position our …
… dynamics between modernized privacy laws in the European Union (namely, GDPR) and open banking initiatives (namely, … control over their data. The PSD2 calls for banks to open access to customer account and transaction data, with a … service providers a fundamentally new legal right of access to the account and transaction information held by …