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… industry. Dr. Virmani currently sits on the Boards of Ontario Health and Ontario Power Generation. She has also served on the Boards … largest inland port in Winnipeg. Her other appointments include the Advisory Council for National Security, the …

… eligibility in 2023: Membership would be expanded to include Retail Payments Activities Act (RPAA)-registered payment service providers, credit union locals, and operators of financial market …

… a new discussion paper that promotes conversation about credit risk in the Automated Clearing Settlement System … which isn’t widely understood. The paper, A Primer on Credit Risk in Payments Canada’s Automated Clearing … Settlement System (ACSS), examined the magnitude of credit exposure when a Direct Clearer defaults. It also …

… option to their riders: the ability to tap their debit or credit card to pay for a fare. A few months later, this service was also brought to Ontario’s Metrolinx and Toronto Transit Commission and … the start of the COVID-19 pandemic. Not surprisingly, since then, Canada has seen a growing preference for and an …

… Financial inclusion is essential to the success of the Canadian … neighbourhoods in some cities where local banks and credit unions have given way to high-cost, high-risk, fringe …

… there are no signs of it slowing down. Consumer demand for increased competition is growing with greater attention from … Bergeron , President & CEO, Vancouver City Savings Credit Union Nick Catino , Global Head of Policy and Campaigns, …

… Radical shift in purchasing behaviours since the onset of COVID-19 continues, reveals new Payments … 42% are tapping their debit card and 43% are tapping their credit cards more against payment terminals, compared to 42% … 66% of Canadians feel protected by their bank, credit union, and/or credit card provider when it comes to making …

… and operational changes to safeguard CIBC for go-live. This includes CIBC’s participation in industry testing as well as … further reduce the risk involved with providing provisional credit by the Bank of Canada. In addition, a greater … Gross Settlement System (RTGS). The European Monetary Union also chose a RTGS solution for its large-value funds …