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… consumers, including international operability and richer data traveling with each payment. Although many countries … other and deal with commerce, right? It also bonds a lot of data to a payment message that wasn't there before, which … a lot of interesting things that you can do with the data that attach to these messages, but we don't know what …
… businesses and small businesses. We have the ISO 20022 data standard now. I think we have to educate Canadians and … value of that standard. And we have to demonstrate how that data standard used to move money from one account to another electronically is better than a cheque. You know, I think we …
… Kate Frankish: Yeah, it's really hard to argue with data, isn't it? If you've got the evidence that sits beside … mean for us? I think we've always got to turn over lots of data and information. What does it mean for us? Then do we … of England as well as being very active in this space. The data consultation paper a few months ago, if I'm not …
… users will benefit from: Enhanced Remittance data: ISO 20022 addresses the current need in Canada for … from multiple invoices – can be sent with a single electronic payment, reducing the need for manual … options: ISO 20022 will provide Canadians with attractive electronic payment options that reduce costs (think fewer …
… everyone's memory. So we have faster payments options, data rich payments, transaction transparency, easier …
… more than half of Canadians say they are willing to move to electronic payments on their mobile phones. To all of you, … make people feel uncomfortable about the security of their data, the security of their money. I do think there's this … is it to switch? So if it becomes- Ceri Marsh: Right, is it interchangeable? David Cravit: You know, I could have, I …