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… Data-rich payments Transaction transparency Easier payments Cross-border convenience Activity-based oversight Open & …
… industry can work together to solve them. We’ve reached a cross-road where the pace of technology outstrips the pace … financial ecosystem is that we use a variety of terms across different financial jurisdictions to reference the … meant to do just that: let the wide variety of data models across the global industry share data over different payment …
… of the ISO mandate through extensive resource engagement across industry forums and internal delivery teams. To build … focus on how the ecosystem must handle things consistently across the financial institutions, given that ISO 20022 is … 20022 significantly improves the quality of data exchanged across the payment ecosystem by enabling key data, such as …
… technology, infrastructure, and human capital to operate across the various payment streams, testing, maintenance and … (OTC) derivatives origination and trading at HSBC and the Alberta Investment Management Corporation (AIMCo). ‘Segun …
… population, taking into account population representation across the Canadian provinces.3 Alternatives to cash found in … are highly entrenched into the payment habits of Canadians across all age groups. However, we do still find some … to younger Canadians. Residents in British Columbia and Alberta were found to spend more using their credit cards …
… Central Bank mandate, Central Bank mandates tend to be, across the world and in the case of Canada it is to ensure … the cash system, or the payment system, it's a hard part to cross. You have to make a very good argument for which you … use, as we were just touching on, these differ drastically across countries, so the need for alternative payment sources …
… Is it one of those really fancy blenders, or is it just [crosstalk] Mike Sigal: It could be a really fancy blender, … Yeah, doesn't hurt that if you implement this well on a cross-border basis, Canada ultimately generates more exports, more revenue than the [crosstalk]. Justin Ferrabee: Cross border's a big thing. …
… are going to move towards things that are just contactless across the board. Cash is going to become reduced. And at the … different population start adopting digital. A population across the board up and down. So all of a sudden now, … et cetera. And I know that was a long answer or to your [crosstalk 00:20:34] and serious question. But hopefully it …
… and retail banking ecosystem. His in-depth knowledge across the payments and FinTech landscape as made him a … to the digital supply chain. And so this becomes a blueprint that if you want to deploy in Canada, you've got a blueprint with a payment hub there. But then if you go into …
… rich payments, transaction transparency, easier payments, cross-border convenience, activity-based oversight, platform … already made some changes to the access criteria. Fingers crossed, because we are, as you know, a pretty heavily …