Innovative Services
Our extensive suite of products and services is designed to adapt to the changing needs of financial institutions and their customers.
Providing Modern Payment Solutions
The payments landscape is rapidly evolving, along with the needs of Canadians who rely on it.
To adapt successfully, DeltaTeam takes a bold and innovative approach. Our mission is digital transformation, creating modern payment solutions that align with nationwide initiatives, including the Payments Canada modernization program.
DeltaTeam delivers comprehensive payment solutions compatible with any core banking system or digital platform. This ensures financial institutions can provide their customers with the latest digital payment technologies efficiently and cost-effectively.
Payment Processing, Clearing & Settlement Support
Our solutions allow financial institutions to seamlessly and efficiently connect with Payments Canada, Interac, and other related services.
Fraud & Risk Management
Our dedicated fraud service desk and compliance support help organizations and financial institutions minimize risk effectively.
ISO 20022 Data Compliance
We help organizations harness the full potential of the rich payments data provided by ISO 20022 standards.
Why Choose DeltaTeam for Your Payment Needs?
DeltaTeam’s strategic partnerships enable us to deliver innovative payment solutions with confidence.
Through tailored integration and comprehensive client onboarding, our platform connects seamlessly with any core banking system or digital interface.
We are dedicated to addressing the evolving needs of financial institutions. Our approach is collaborative, customized, and end-to-end—ensuring excellence from integration to onboarding and beyond.
Our Services at a Glance
Automated Funds Transfer (AFT)
Automated Funds Transfer, or AFT, is a banking arrangement that allows regular, scheduled transfers between accounts. Most financial institutions offer this service.
In Canada, corporate customers often use AFTs to transfer lower-value funds across financial institutions. AFTs are governed by rules and regulations set by Payments Canada and fall into two main categories:
- Direct Deposits
Credits sent directly to an account at a financial institution, such as payroll deposits. - Pre-Authorized Debits
Debits drawn from an account to cover recurring payment obligations, such as membership dues.
DeltaTeam’s seamless AFT solution is currently in development, with more details about this product to be shared soon.
Bill Pay
Bill Pay allows customers to transfer funds to vendors on scheduled dates to cover recurring bills. Customers typically set up these transactions through online banking, ensuring automatic payment for services received during a billing period.
Bill Payments such as CCIN, non-CCIN, AGLC, CRA, provincial taxes, and lead-bank services are included in DeltaTeam’s Bill Pay offering.
Our platform hosts all Bill Payments, providing streamlined processing and enhanced reporting capabilities for financial institutions.
Cheque
A cheque is a written and signed order directing a financial institution to pay a specified amount from the payer’s account to the designated payee.
There are several types of cheques, including certified cheques, cashier’s cheques, and payroll cheques.
DeltaTeam is collaborating with system partners to deliver a comprehensive cheque solution, with more details to be shared soon.
Interac e-Transfer®
Interac e-Transfer is a digital platform that allows Canadians with a bank account and an email or phone number to send money quickly and securely between accounts within Canada.
DeltaTeam offers Interac e-Transfer solutions for both retail and business clients. All DeltaTech clients can connect to the Interac e-Transfer platform, enabling their personal and business members to send and receive money safely in multiple ways: person-to-person, person-to-business, business-to-business, and business-to-person.
With DeltaTeam’s connection to the Interac e-Transfer system, clients can confidently manage, track, and protect their transfer volumes.
Wires
Wire transfers move money electronically across networks of banks, agencies, or transfer providers, allowing funds to be sent domestically or internationally. Transfers are typically paid for by the sender and can take up to two business days to process.
Wire transfers are closely monitored to ensure funds are not sent to terrorist or criminal organizations and are not used for money laundering purposes.
DeltaTeam’s Wires solution is currently in development and will support multiple types of wire transfers, offering comprehensive tracking and reporting capabilities.
Fraud Service Desk
The DeltaTeam Fraud Service Desk handles all Interac and credit union notifications, providing comprehensive case management support through a 24/7 Interac Monitoring Detection System.
By leveraging automated fraud alerts, the desk efficiently manages case notifications for Interac e-Transfer transactions. Alerts are sent in real-time to credit unions immediately upon receipt from Interac’s system, ensuring DeltaTeam helps clients protect both funds and sensitive data around the clock.
Safer Payments
DeltaTeam offers Safer Payments, an anti-money laundering (AML) transaction monitoring and fraud prevention solution powered by IBM.
The platform equips fraud prevention teams to detect suspicious activity quickly and accurately, providing advanced analytics, simulation, and monitoring tools to safeguard transactions.
Discover How We Can Help
Interested in learning more about DeltaTeam and our innovative payment solutions? Contact us today to find out how we can support your financial institution and customers.