Fintech companies have a number of different ways they can move money between the banks. They can move money through electronic funds transfers. EFT is a very common method around the world for fintechs. They can also move money through pre-authorized debit, bill payments and e-transfer.
We welcome access to e-transfer. That's why we have 230 participants. We've worked to broaden access, and FINTRAC and the Canadian investment regulatory oversight authority have enabled us to widen access. We work with Wealthsimple to make that possible.
I would not claim it's an easy process. I mean, you're connecting to a prominent payment system, so there are very high levels of expectation, not just with the technology but also from a business rule point of view, a regulatory perspective and a security perspective. It's not a small undertaking to connect to e-transfer.