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… Welcome to our Summit speaker spotlight series! Each week, learn more about one of our amazing speakers, then make sure you attend their … FINPAY committee for payments modernization in Canada. What motivates you to do what you do? Facilitating large …
… a direct settlement account at the Bank of Canada and what the future has in store for payment innovation. What … to build out our products and services. Ultimately, it will mean more choice, more competition, and better payment and … direct access to Payments Canada systems, what other value does membership provide to Wealthsimple? Our membership with …
… On September 26, 2018, Payments Canada announced the go live … Transfer - two-hour funds availability - is now live. What this means is that, subject to some exceptions, payees will now …
… industry and his insight into the future of ISO 20022. What are the main objectives of the ISO 20022 harmonization … align their data repositories with the CPMI data model. How does the adoption of ISO 20022 standards fit into the … change in the payment industry? What does that mean for the future of cross-border payments? ISO 20022’s …
… Pre-authorized debits (PADs) are one of the most common ways that people pay for recurring … or water bill, all a pre-authorized debit really means is that an amount of money is coming out of your bank … of payment method. It includes answers to questions like “What should be in your pre-authorized debit agreement”; “How …
… your role is working with Payments Canada’s stakeholders, what does this entail? Effective collaboration with all of our … for a bill, rather than resorting to sending an invoice. Meanwhile, how we’re consuming goods is changing. Everything …
… bank account regularly to make sure the withdrawals match what you approved in the PAD agreement. What should be in … institution within 90 days. Cancelling your PAD agreement doesn't cancel your contract for goods or services with the … be restored to your account. Canceling your PAD agreements means that you no longer authorize the biller to issue …
… offers a PAD service for business clients. If it does, you'll enter into a contract (called a "Payee Letter … in the payor's PAD agreement. PADs can also be sporadic, meaning that they occur occasionally, irregularly, … bank account information in my correspondence with them? … What if the customer's account information changes? … What …
… learned and how Canada’s payments ecosystem differs. What are some of the features of Australia’s new payments … includes the ISO 20022 standard so it will allow for richer remittance data to be passed between payors and payees and … with. This Q&A is based on Pragnell’s personal views and does not reflect the views of APCA …