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… (PADs) are a powerful tool for businesses. They are sometimes called direct debit, pre-authorized chequing (PAC), … (i.e. weekly, monthly, annually, on set dates, etc.) one-time only payments must be stated in the payor's PAD agreement. One-time only PADs will automatically be cancelled after their …
… hours or days. Canada is inching closer to launching the Real-Time Rail payment system, which will use the ISO 20022 …
… to "identity businesses" has been coming for a long time, but now it’s finally here. Banks especially are starting to see that they’re not really in the money business; they're in the identity … verification to determine whether we are dealing with a real person or not. Many people already fall victim to …
… design and preparation for the implementation of the new Real-Time Rail (RTR) payment system in Canada, readying the RTR … has been a privilege to lead this organization during my time as President and CEO. I am proud of what our team at …
… system should make funds available to recipients in near real-time. Data-rich payments - The ISO 20022 global message …
… if an insurance company can issue a request-to-pay in real-time it will allow them to quickly get in touch with the … it be? The one thing we would ask is commitment to a clear timeline to mandate ISO 20022 for the objective to reduce …
… the noise and identify payment technologies that deliver real value to their customers in the form of speed of … of credit products catered to your needs. That’s why I’m really proud of the Tims Credit Card. It has a secured … that retailers will gain, saving them money and time. Secondly, direct access will allow retailers to …
… With reports of cybercrime in Canada at an all-time high, it has never been more important to stay vigilant … to be connected to the internet and have people who are really good at hacking. The similarities between cyber and … a thousand false alarms if it means getting even just one real threat on our radar. What is the biggest learning from …
… I hope that everyone in the payment community takes the time to become aware of the RPAA and the Bank’s supervisory … PSPs services that they use every day, whether or not they realize they’re using at least one, and often many PSPs, … of access to other core payments systems, such as the real-time rail, which is under development. Ultimately, we …
… SmartCentres REIT, where he chairs the Audit Committee; and Real Matters Inc., where he is the Lead Independent …