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… This article is the first in a series that explores emerging topics in payment policy. Each explains key policy issues … Budget addressed the digitalization of money in an effort to help maintain the integrity of the financial system, … everyone. It’s expected that the private sector would offer accounts or digital ‘wallets’ to facilitate the management …
… growing segment of e-commerce in North America - the need to build fast, flexible and secure payments systems is a top priority. We caught up with Steve Ledford, Senior Vice … delivers value to the ecosystem we would need to take into account the needs of more than just our members. At the …
… These transformative technologies are already being used to tackle some the financial industry’s biggest problems like fraud prevention and regulatory compliance. IBM’s Vivek Bajaj, Global Vice President, … a small population and most of the people living there have accounts with more than one bank. They’ve realized that if …
… Hydro-Québec is market-leading when it comes to payments modernization. Payments Canada caught up with Michel Lechasseur, Cash and Financial Services Manager to talk about preparing to take advantage of modern … internal resources, such as our treasury department, accounts payables and IT department, need to be on board and …
… A paper debit resembling a cheque that is not created or signed by …
… A payment item drawn by a bank against its own account … Bank draft …
… The financial Institution that holds the account of the payee (person receiving a payment). … Payee's …
… The financial institution that holds the account of the payor (person making a payment). … Payor's …
… DISCLAIMER: Articles are written to reflect the interests and views of the author(s), and are … licenses and passports. Digital ID is an alternative to traditional IDs that verify identity using a combination … USD per customer while concurrently reducing the rate of error in authentication (Mahajan et al., 2019). Enabling …
… A secure electronic payment system used to accept, transmit, process, authenticate and authorize transactions made by payment card (credit or debit) and to transfer information and funds among participants and …