Search results
… insurance organizations and their customers. What are some of the payments challenges the insurance industry faces? One of the biggest challenges facing all businesses, not just … issue is around effectively passing the payment from one party to another, along with the relevant data. What …
… The CPA supports the introduction of new payment methods and technologies while carefully … monitoring and managing related risks. In Part 1 of this series, we explained the importance of understanding … paper cheque at the bank. Or an excited guest at a cocktail party could demonstrate (multiple times) how his RDC bank …
… to a close, we continue to see the safe and sound operation of Canada’s national payment systems. The Automated Clearing … launch date. Part of this work includes conducting a third-party review of the RTR program, a common practice for how …
… innovative digital identity network that would solve some of the authentication challenges facing Canadians. Payments … had the opportunity to speak to Greg Wolfond, founder of SecureKey and keynote speaker at The SUMMIT , about … asking “are you willing to share this information with this party, for this purpose?” And we never see the data – the …
… payment data - due to ISO 20022 - is an exciting outcome of Modernization, for sure. For instance, ISO 20022 enabled … payment is for dental work or prescription drugs as part of the payment itself. As a result, insurance customers will … standard in Canada (across all financial institutions and third parties) within a set deadline. It will be helpful if …
… can use cash management PADs to draw funds from an account of its subsidiary. Payments Canada and its participant … have established terms and conditions for the processing of PADs to ensure proper authorization and protect against … you don't need to set up a PAD agreement with the other party. You do, however, need to have an agreement in place …
… As we gear up for the start of The SUMMIT, Canada’s premier payments conference on May … for the payments ecosystem. Kalyani Bhatia is the Head of Business Innovation for the Americas & UKI Region at … data is also a platform for innovation, enabling banks and third parties to offer new, value-added services. Aside …
… Anshul Tripathi serves as a Manager in the ISO 20022 Centre of Excellence unit at Payments Canada. Playing a crucial role in shaping the modernization of Canada’s core clearing and settlement infrastructure, … landscape. Register now to learn more about the benefits of ISO 20022. Consumers and businesses stand to benefit from …
… The first quarter of 2023 saw the continued seamless operation of Canada’s … In the first quarter of 2023, Payments Canada completed a third-party review of the Real-Time Rail (RTR) program. Initiated …
… New research shows that the use of biometric payments has wide appeal among Canadians. … and older Canadians (aged 55 and older) to find the idea of biometric payment authentication appealing (51 per cent … and security. They are also concerned with knowing which third parties will have access to their biometric payment …