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… Interac’s recent launch of its Request Payment, Autodeposit and Bulk Disbursement services has also been popular … in their evaluation. While developments like remote deposit capture (RDC) and Payments Canada’s Image Rule … eliminate operational risk, e.g., challenges with duplicate deposits of the same cheque using RDC. Concerns regarding …
… the bit to enter the space between the end user and their deposit and credit accounts. These overlay and user …
… Bank liability, which is distinct from the commercial bank deposits that consumers would have in the sense that they … money be allocated automatically. Things like interest on deposit accounts could be distributed automatically. There's … balances, maybe in wallets or in some cases, users will deposit those balances with some custodian that will have to …
… loop products. But banks weren't worried. They owned the deposits, they owned the branches and take up was slow. …
… with incumbents. We, you know, have, we've launched direct deposit, bill payments, pre-authorized debit, um, multiple …