Category Archives: Payments, Transfers, Rewards

Could FedNow Outperform Virtually All Existing Cryptocurrency Projects?

Protos | Protos Staff | Apr 3, 2023

24-7 FedNow

The US Federal Reserve created FedNow to make USD settlement faster and cheaper between financial institutions. The system will offer 24/7 operating hours plus a full-featured back-office suite.

  • Scheduled to launch by July 2023, FedNow vastly improves upon traditional interbank settlement systems like FedWire or ACH systems. It offers superior costs, scale, features, and intraday finality.  FedNow almost completely obviates the need for a US central bank digital currency (CBDC) and it will accomplish all of this without any blockchain.

See:  Alt-M Analysis: Where the U.S. Feds CBDC Proposal Goes Wrong

  • Peer to peer payments: FedNow will enable instant USD settlement between US residents on a P2P, B2B, and B2C basis, irrespective of bank office hours. It will allow financial institutions to settle payments with each other instantly and eliminate the three to five business days timing of legacy payment settlements.
    • FedNow will connect the majority of US residents (limited to customers in good standing with qualified US financial institutions) and many wealthy USD users abroad, soon encompassing hundreds of millions of people. It may connect 80% of the world's peer-to-peer electronic payments and could outperform almost all existing cryptocurrency projects.
  • Cheaper Payments: FedNow promises to reduce transaction costs and offer cheaper payments than most public blockchains.
    • The Federal Reserve will charge most financial institutions a monthly access fee of $25, which is a fraction of the cost of running a single node on most public blockchains.
    • For payments up to $100,000, FedNow will charge 4.5 cents per transaction paid by the sender plus 1 cent per transaction request paid by the requester.
    • FedNow eliminates all fiat-crypto fees, risks, and delays, and it is secured by the books of the Federal Reserve, which secure transactions worth quadrillions of dollars annually.

See:  BoC: New Retail Payment Regulations Coming –> Fintechs Need To Get Ready…

  • Scalability:  FedNow's centrally managed database allows for highly scalable transaction processing, which is an advantage of an entirely centralized approach to digital payments.
    • The Federal Reserve settles trillions of transactions every year and has limitless data and throughput capacity via government-managed data centers.
    • In contrast, most public blockchains constrict data to as little as a few megabytes every hour. Scalability remains an issue for any digital asset that prioritizes decentralization, but FedNow is 100% centralized and, therefore, scalable with nearly limitless throughput.

Continue to the full article --> here


NCFA Jan 2018 resizeThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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OpenAI and Stripe Announce Partnership to Monetize OpenAI’s Flagship Products

Stripe | March 15, 2023

OpenAI and Stripe

Stripe, a financial infrastructure platform for businesses, today announced OpenAI has chosen Stripe to power payments as it moves to commercialize its groundbreaking ChatGPT and DALL·E generative AI technologies.

  • Powering OpenAI with Stripe:  OpenAI is working with Stripe to commercialize its generative AI technology. Using Stripe’s suite of products, OpenAI was able to launch a global payments system for multiple product lines in a matter of weeks.

See:  Human vs Machine’s Tug-of-War: Stockmarket Automation Lessons

  • GPT-3: Stripe has long used artificial intelligence to enhance its products and experiences for users, including to help users manage fraud and increase conversion rates. Last year, Stripe worked with Microsoft’s Azure OpenAI team to implement GPT-3 for Stripe Support, which is helping agents identify quicker resolution paths for the many users they interact with each week.
    • Seventy-five percent of the leading generative AI companies have signed up with Stripe to go to market quickly, scale with compliance in mind, and bring their products to many more users worldwide. They include OpenAI, Runway, Diagram, and Moonbeam.
  • GPT-4: After joining the GPT-4 beta in January, Stripe identified a range of ways to use the technology to streamline operations and help users get the information they need, faster. One of the first outputs of this effort is GPT-powered Stripe Docs.
    • This enhancement to Stripe’s high-quality documentation will allow developers to pose natural language queries within Stripe Docs to GPT-4, which will answer by summarizing the relevant parts of the documentation or extracting specific pieces of information. This lets developers spend less time reading and more time building.

Continue to the release --> here


TechCrunch | Christine Hall | Mar 14, 2023

Stripe now valued at $50B following $6.5B raise

  • Digital payments company Stripe announced Wednesday that it raised over $6.5 billion in Series I funding to value the company at $50 billion.
    • As we reported earlier this month, the payments giant was expected to raise a lower amount of funding, around $2 billion, though at $60 billion valuation. More recently, Stripe was publicly valued at $95 billion.

See:  Banking-As-A-Service Is Under Fire

  • As earlier reported, Stripe intends to use the proceeds to “provide liquidity to current and former employees and address employee withholding tax obligations related to equity awards, resulting in the retirement of Stripe shares that will offset the issuance of new shares to Series I investors.” The company also noted that it “does not need this capital to run its business.”
    • New investors in the round include GIC, Goldman Sachs Asset and Wealth Management and Temasek. They joined existing investors Andreessen Horowitz, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners and Thrive Capital.

Continue to the full article --> here


NCFA Jan 2018 resizeThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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How e-wallets are Transforming How We Pay for Goods and Services?

March 11, 2023

Phone app

The financial technology industry is constantly evolving, offering convenient and secure options. One of them is a payment system based on e-wallet payments that have become very popular and widely adopted in recent times. An e-wallet allows you to transfer money faster and use virtual cards for everyday payments without continuously entering the CVV/CVC code for each transaction.

Electronic wallets - what are these?

An electronic wallet can be confidently described as an equivalent of a traditional wallet but used in virtual space. It is a special tool where the user "stores" their means of payment - so that when paying for online shopping, the transaction can be completed quickly and securely.

The use of such solutions significantly increases the comfort of ordering via the internet, but not only. Many electronic wallets can also be used stationary - for example, paying with a smartphone or a watch with a built-in NFC module. Some can replace a payment card wherever contactless payments can be used. Some of them also allow you to make transfers between users.

To create an e-wallet, we need to have an account on a certain platform. Then when shopping, at the time of payment, you log in to the wallet app with your email address and password and make the payment. With today's new payment technologies and methods, it's easier to buy products and services, set up recurring payments, and simplify payments that allow merchants to accept new orders around the clock.

Which wallets are the most popular?

There is a very wide range of e-wallets available on the market, which means that the customer can choose the most convenient solution for himself. One of the first products in this market was PayPal, which allows you to link a payment card to your account and transfer funds. Over time, the list of available services has expanded significantly. Today, it can include, among others:

  • Skrill - is an international service that, in addition to payment transactions, also allows you to transfer money between users or make transactions on the cryptocurrency market. It operates in over 200 countries worldwide and over 40 currencies;
  • Neteller – is an "online wallet" that allows you to deposit, withdraw and transfer funds online. NETELLER enables same-day payments and immediate cash transfers to and from merchant partners and between NETELLER account holders;
  • Interac – this local payment method is widely adopted by Canadian gamblers that are frequently switching between online casinos. Such brands are aiming to become the best Interac casino for Canadian players, as this is a huge opportunity for them to acquire local players.
  • Google Pay - an electronic wallet to which you can attach payment cards (with the possibility of using NFC payments). Transferring funds to your account also works here. Apple Pay works on similar principles.

Safe use of e-wallet

What makes users willing to use the e-wallet option is - apart from the obvious convenience and comfort - security. It is overseen by third-party companies that handle online payments, using several multi-layered security measures. To register an account, the user must go through the verification process.

Only the cardholder can use the wallet. Each digital transaction must be approved by logging in and entering your PIN or fingerprint. During the transaction, no sensitive data is transferred, which makes it impossible to steal any personal information.

Dollar sign on mobile screen

How to choose an electronic wallet?

When choosing an electronic wallet, we recommend paying attention to the following points:

  • Functionality: the first thing you should think about is the possibilities that this wallet offers you and what your needs are. From what types of transactions can be made to the compatible devices you can operate with.
  • Fees: This is one of the deciding points of any financial instrument you use. As you already know, they should simplify your accounts and not generate unnecessary expenses. Therefore, you should thoroughly investigate what suits you.
  • Security: Read reviews on the internet by users and ask your friends before trusting all your money in one app. Digital hacks might be more common than you imagine, and you don't want to be a victim of one.

In a nutshell

More and more people use e-wallets to make payments at online stores or for entertainment services like streaming or gambling.

See:  Bitcoin Payments on the Rise

Keeping in mind all this information about what an e-wallet is and its features, you can now make your transactions much faster and safer.


NCFA Jan 2018 resizeThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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Bitcoin Payments on the Rise

Reuters | , | Feb 28, 2023

The Block and Reuters, Crypto payments on the rise

The 15-year-old cryptocurrency has filled many roles - from source of speculation to hedge against inflation - but has struggled to find a clear identity. Now there are growing signs it’s edging towards its intended purpose: payments.

  • Bitcoin payments on the rise:  The amount of bitcoin stored on the Lightning Network - a payment protocol layered on top of the blockchain - has jumped by two-thirds over the past year to hit an all-time high of 5,580 coin, according to crypto data firm The Block. Crypto payment specialists have also seen strong volumes.
    • U.S.-based BitPay said transaction volumes jumped 18% last year versus 2021. CoinsPaid said volumes in the fourth quarter of 2022 rose 32% compared with a year before.

See:  Lyn Alden Analysis: A Look at the Lightening Network

  • Aside from bitcoin, other cryptocurrencies including stablecoins, which are pegged to the value of traditional currencies, have emerged as popular options, particularly for cross-border payments, remittances, plus in emerging markets where the value of local currencies have been hit by inflation.
  • Efforts by some of the world’s largest economies, including Japan, China and India, to create their own digital currencies (CBDCs) could also choke crypto payments growth, say some market players. For others, though, growing interest in CBDCs is evidence that blockchain payments tech is here to stay.

Continue to the full article --> here


NCFA Jan 2018 resizeThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

Canadian Casinos Payment Systems Explained by Dave Roe

Dave Roe | Feb 25, 2023

Freepik – macrovector, casino payments

Image: Freepik/macrovector

Payment systems are the cornerstone of online casino gambling and the most important technology currently fostering the continuity of the iGaming industry in Canada and other parts of the globe. Technology plays a huge role in differentiating casino brands and allowing operators to generate revenue. This explains why payment technology is a major topic discussed in the newly regulated Ontario market. After an extensive session with Dave Roe, the COO at Paramount Commerce, it is clear why operators are spending a fortune to ensure the efficiency of their online banking systems. In this piece, we discuss Dave Roe's responses to understand the role of payment systems in iGaming sites, how the Ontario iGaming scene embraces payments technology, and what the future looks like.

Importance of Payments in Canadian Online Casinos

The importance of payments in Canadian online casinos cannot be overstated. Payment systems ensure efficient and secure transactions, drive player acquisition, and enhance the player experience. For instance, banking solutions allow players unlimited access to their funds through deposits and withdrawals. This is by facilitating online money movement in real-time. Some operators have gone above and beyond to increase deposit and withdrawal processing speeds to make the entire process efficient.

Canadian casinos with a strong online presence understand the immense role payment systems play in their gaming sites. By offering reliable payment solutions, these casinos can not only attract new players, but also retain existing ones.It is, therefore, crucial that no banking error is experienced when new players make their initial deposit so that operators can benefit from high conversion rates. After all, this is the only way to record a higher return on investment.

Finally, Payment systems are a crucial determinant of player experience. After all, a gratifying/positive online casino experience is partly built by the availability of payment solutions that guarantee fast deposits and withdrawals. Such iGaming platforms decrease stress levels, upsurge the number of transactions processed, and maximize profits.

According to Dave Roe, these are the aspects of why brands have multiple payment systems. In essence, if a payment option is not working, players can choose another banking solution. On the other hand, if a specific card payment or e-wallet is inaccessible in a certain region, players can easily switch to different online banking methods. By improving players' gaming experience, operators get to enjoy a high rate of customer acquisition and retention, not to mention, enhance brand loyalty.

How Ontario iGaming Scene is Embracing Payments Technology

The Ontario provincial government announced its interest to start regulating the iGaming market in November 2020. In the fall of 2021, the government started registering companies under the governance of the Alcohol and Gambling Commission of Ontario. By April 2022, online casino gaming was in full swing. Besides VR and AR, which are the future of online gambling, payment technologies were identified as the key factors that will influence the growth of the online casino gaming industry in the province. The apparent importance of the technology has seen the Ontario iGaming scene embrace payment systems.

According to Dave Roe, Interac, Canada's most trusted online payment system, is currently used to initiate transactions. Feedback from operators and casino users shows that the payment method ranks high. Its popularity is further promoted by the challenges experienced with card payment solutions like VISA and MasterCard. With Interac, players can make fast deposits and withdrawals safely thanks to Interac's safety and security system. Besides, the payment option has massive coverage in the province.

Dave Rose has confirmed that operators in Ontario are working tirelessly to ensure that players have access to more payment systems, including digital wallets, which have become increasingly popular and are posing a threat to the traditional credit card market. These operators work round the clock to provide players with a more diverse range of payment options, ensuring their gaming experience is as seamless as possible. By introducing more payment options, such as digital wallets, players will have greater flexibility and convenience when making transactions. These platforms offer a more convenient and secure payment method, causing credit card companies to adapt or risk losing market share. Gaming enthusiasts at the top Canadian online casinos should expect additional online banking solutions soon.

Innovative Payments Set to Transform Canadian Online Casinos

Despite its recent initialization, Canada's online casino gaming scene is already experiencing multiple interruptions, especially regarding payment technologies. One of the payment innovations making headlines in Canada is cryptocurrencies, an online banking solution that relies on blockchain technology for transactions. Thanks to the advent of online crypto casinos, players can now deposit and withdraw funds from their accounts using Bitcoin, Litecoin, and Ethereum. Crypto first gained traction as an investment. Currently, the payment system infringes on the online casino scene as one of the most efficient and secure payment options.

Another impressive payment trend in Canada is Embedded Finance. Embedded Finance is a unique innovation meant to enhance the overall player experience by ditching the traditional process of funding online casino accounts. For instance, you can now initiate a transaction without ditching the game. Thanks to Embedded Finance, players can use instant bank transfers or any other supported payment option to make in-game transactions. The entire process is fast, simple, and secure. You only need to find an online casino offering Embedded Finance and make in-game payments.

Bottom Line

For the best online casinos in Canada to provide an unmatched user experience and ensure the profitability of gaming sites, it is crucial to implement the latest payment technologies. Their importance is why the Ontario iGaming scene embraces online banking solutions despite its recent initialization. So far, Interac is already making headlines as one of the top banking options in the region, with innovations such as cryptocurrency and Embedded Finance being considered the future of casino payments in Canada.


NCFA Jan 2018 resizeThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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Safest Online Payment Methods Available to Canadians in 2023

Feb 21, 2023

Online payment methods

The year 2023 is just around the corner and, with it, comes sugar, spice, and everything nice. Whether you are already planning your next vacation and want to book plane tickets in advance or looking for the most convenient way to make online payments in the future, the good news is that you have quite a few options at your disposal. The safest online payment methods available to Canadians make it easy for you to carry out transactions no matter the time and location. That being said, here come our top five picks for you to choose from the next time you want to make a safe payment.

Top five safest online payment methods available to Canadians

Keep in mind that this list is merely a suggestion of the five online payment methods we find to be safe, as well as popular. Feel free to do your own research and find a payment option that works better for your needs - if the following ones don’t have what you are looking for.

PayPal

When speaking of the most popular online payment methods available to Canadians, PayPal has to be near the very top of the list. And we have to admit that there’s a good reason why people all over the world love to rely on PayPal when making online transactions.

Clearly, this is one of the safest ways to make secure deposits, whether you are the one sending or receiving money. But the safety is merely the tip of the iceberg when it comes to PayPal’s full potential and appeal. PayPal is also one of the fastest ways to make deposits and withdrawals. Deposits usually take less than five minutes to complete – that’s the kind of promptness we are talking about here.

As for who can use PayPal, know that this service is great for both individuals and businesses. There are more than 200 million active individual accounts at the moment, as well as 7 million businesses offering PayPal.

eChecks

Are you used to relying on the good old checks to make any bigger purchases? Then you will love the more modern and efficient version of them – eChecks. They are a great way to make quick, safe, and convenient transactions without ever having to make a stop at your local bank. Already sounds like the perfect option, if you ask us.

Another thing people love about it is the fact that the transaction limit is generally higher in comparison to some other payment methods. Likewise, many institutions and establishments have recognized the potential of eChecks, which is why they consider it one of the main methods of payment. Therefore, you shouldn’t have a problem finding great eCheck casinos Canada residents love, nor should you have a problem using this payment method to cover your monthly installments. What’s not to like?

INSTADEBIT

Many people simply aren’t fans of e-wallets and pre-paid cards. And we get that. For those who want to rely on the good old bank-to-bank transfers when making online payments, they might want to look into INSTADEBIT. This might be a Canadian payment option that we are talking about, but INSTADEBIT is gaining popularity all over the world.

Judging by its name, you might be able to tell what it is that people like the most about this safe payment option. You guessed it – it’s the fact that the transaction processing time is pretty fast, so you will not be left hanging for days before your payment is processed. At the same time, INSTADEBIT has high-security measures in place, so you don’t have to worry about sensitive information being stolen. Likewise, the fees associated with this payment method are rather low, so you won’t have to worry about lost money.

ecoPayz

It’s safe to say that e-wallets have taken the world by storm. They are an easy way to complete transactions without having to deal with card numbers and bank transfers. And when talking about the safest online payment methods available to Canadians, one can’t fail to mention ecoPayz – a safe, quick, and cost-effective way to transfer your funds. Whether you are hoping to pay for the perfect gift for your spouse, buy that new purse you have been eyeing, or fund your passion for gambling, ecoPayz might be the solution to all of your problems.

The way ecoPayz works is simple. You just have to fund your account through your bank with as much money as you want. You can later spend that money on online purchases, or send it to other users. Repeat the process once the funds run out.

Keep in mind that ecoPayz works in a similar fashion as PayPal. Therefore, if you are already using the latter, there might not be a need for you to open an ecoPayz account, as well – and vice versa. Although, this is something only you can decide for yourself.

Paysafecard

The fifth and final option has become increasingly appealing to people who care about their online security. Your Paysafecard is a pre-paid card that works on a 16-digit PIN code. It’s independent of any bank account, credit card, or third party. All you have to do is visit your local sales outlet, fill the card with as much money as you see fit, and don’t hesitate to start spending it to your liking.

See:  Regulatory Consultation (Feedback by March 28, 2023): Retail Payment Activities Act (RPAA)

Obviously, one of the best parts about choosing this form of payment is in the incredible security that it offers. Since it’s completely independent of any bank and the pieces of information related to it, a Paysafecard presents one of the safest online payment methods available to Canadians. And because of everything that it has to offer and its long list of pros, this pre-paid card is an accepted payment option in many establishments nowadays. Of course, it never hurts to do some recon work before making a finite plan, but we have a feeling you won’t encounter problems with your Paysafecard. And if you do, you still have all of the options mentioned above to fall back on.


NCFA Jan 2018 resizeThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

Regulatory Consultation (Feedback by March 28, 2023): Retail Payment Activities Act (RPAA)

Bank of Canada | Feb 11, 2023

Unsplash – Christiann Koepke, Payment

Image: Unsplash/Christiann Koepke

The Department of Finance Canada’s proposed regulations on the Retail Payment Activities Act (RPAA) have been published for public comment in Part I in the Canada Gazette.

  • The public comment period is an important step in the regulatory process. You have until March 28, 2023, to comment on the regulations that will help clarify and support the RPAA. The Department of Finance Canada will consider your comments. This is your opportunity to provide feedback that could help shape the future of payments in Canada. Like the legislation, the regulations will have the force of law.
  • You can review the proposed regulations and follow the instructions outlined on the Canada Gazette website to provide your feedback directly to the government.
    • Final regulations will be published in Part II of the Canada Gazette. We will provide updates in this newsletter as they become available.
  • Get prepared for compliance:  Our supervisory framework explains how we will supervise entities and individuals who are subject to the RPAA.  Learn about our three pillars of supervision: registration, risk monitoring, and enforcement

See:  BoC: New Retail Payment Regulations Coming –> Fintechs Need To Get Ready…

  • Approx impact to Small businesses: 
    • It is estimated that approximately 2 500 businesses would be impacted by this proposal, with 96.4% being small businesses.
    • It is estimated that the total incremental administrative and compliance costs imposed on small businesses would be $4,630,002 (PV) over 10 years, which is equivalent to $1,931 (PV) per small business impacted.
    • Note that costs for each PSP are assumed to reflect their payment values in comparison to the industry as a whole. For example, a PSP with double the payment values would have double the administrative and compliance costs.

Review the proposed payment regulations and submit your feedback --> here


NCFA Jan 2018 resizeThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter