Payment Service Provider Rules: What Businesses Should Ask Their Vendors
Use the June 29 Bank of Canada reminder to assess payment dependencies and evidence.
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Articles and perspectives from Sheldon & Xu CPA.
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Turn observed staff use into approved purposes, boundaries and review evidence.
Read articleUse the June 29 Bank of Canada reminder to assess payment dependencies and evidence.
Pre-authorize operational, legal, insurance and communication decisions.
Use Statistics Canada’s June 11 findings to formalize accountability and controls.
Put authorization, data and professional review around every AI workflow.
Convert threat guidance into recovery priorities, owners and evidence.
Slow down urgent year-end payment requests with independent verification.
Separate technical experimentation evidence from ordinary AI implementation records.
Design review, access and exception controls around automated accounting workflows.
Validate security representations, coverage conditions and incident contacts before renewal.
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