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Suspected wire fraud costs Rock Island County $115k

Suspected wire fraud costs Rock Island County $115k
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Tesvor S4: Leistungsfähiger Saugroboter mit intelligenter App-Steuerung – Hartware

Tesvor S4: Leistungsfähiger Saugroboter mit intelligenter App-Steuerung – Hartware
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The Retail Payment Activities Act: a step towards regulating payment service providers | Dentons


On April 30, 2021, the federal government introduced
An Act Respecting Retail Payment Activities (short title, 
Retail Payment Activities Act) (the “RPAA”). The much-anticipated RPAA comes in response to a consultation paper published by the Department of Finance in 2017, for a “New Retail Payments Oversight Framework” (the “2017 Consultation Paper”). We discuss the 2017 Consultation Paper
here. The RPAA signals the government’s continued willingness to regulate new and increasingly complex “retail payment activities” driven by innovative payment methods and technologies.
The RPAA will serve as the first regulatory regime for retail payment providers in Canada. Not surprisingly, it comes in the midst of a broader regulatory response by a government focused on protecting consumers, fostering competition and promoting innovation in the digital age.  Further evidence of this broader strategy can be observed in other recent legislative proposals like the

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Media Advisory: Payments Canada to Explore Future of Global Payments Industry at the 2021 SUMMIT


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OTTAWA, ON, May 10, 2021 /CNW/ - 
Payments Canada is welcoming a high-profile roster of global payments, fintech, technology and business leaders to this year s annual payments conference, 
Taking place virtually from May 31 to June 4, The SUMMIT will open with an interview featuring two of Canada s prominent female leaders in the finance sector - Tracey Black, President & CEO of Payments Canada, and Rania Llewellyn, President & CEO of Laurentian Bank of Canada and the first woman to lead a major Canadian financial institution.
The global payments landscape has been evolving at an unprecedented pace. The COVID-19 pandemic has acted as an accelerator, driving a dramatic end user shift to digital payments. Add to that a global dialogue focused on fast, secure, convenient digital payment experiences, and there is much to explore at this year s SUMMIT, said Tracey Black, President and CEO of Payments Canada. We are excited to host over 250 speakers, and to provide an opportunity for those in the payments community to learn from peers, discuss the dynamics in the marketplace and identify opportunities for innovation and collaboration across the ecosystem.

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What Is Direct Deposit? How It Works and How You Can Set It Up

What Is Direct Deposit? How It Works and How You Can Set It Up
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Direct Deposit: How Long Does It Take To Get Paid?

Direct Deposit: How Long Does It Take To Get Paid?
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Flipkart, Mastercard and PayU Acquire 30% Stake In Tata-led NUE


March 5, 2021
Flipkart, Mastercard and PayU will join the Tata Group-led consortium to create a digital payments New Umbrella Entity (NUE), the Economic Times reported. The three entities will buy a 30% stake together in Ferbine Pvt. Ltd, an entity set up by the Tatas that will operate the NUE under the Reserve Bank of India’s authorisation.
If granted a license the consortium will set up and operate new payments platforms that will compete with the National Payment Corporation of India (NPCI), while also building payments platforms that complement the NPCI’s own. While HDFC Bank and Kotak Mahindra Bank each have a 9.9% stake in the entity, Mastercard and Airtel Digital have bought a 10% stake each, Flipkart’s FlipPay, and Naspers-backed PayU will each acquire a 5% stake in the Tata led NUE, the report said. It added that Tata’s have retained 40% of the company.

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