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… real-time payments – which will operate under an enhanced risk, regulatory and rules framework – the primary … The ISO 20022 standard is being adopted by businesses and financial institutions around the world and is becoming the … About Payments Canada Payments Canada ensures that financial transactions in Canada are carried out safely and …

… Financial inclusion is essential to the success of the … Canada and the important work you do towards ensuring all financially vulnerable Canadians have access to the … banks and credit unions have given way to high-cost, high-risk, fringe financial services. As a result, these …

… to Vice President, Payments & Technology, joining Chief Risk Officer, Peter Dodic as newcomers to the organization’s … About Payments Canada Payments Canada ensures that financial transactions in Canada are carried out safely and … securely each day. The organization underpins the Canadian financial system and economy by owning and operating …

… payments. In keeping with its role to underpin the Canadian financial system and economy by providing safe, efficient … that is right for Canada,” said Carol Ann Northcott, Chief Risk Officer at Payments Canada. “These findings help us … the evolving needs and expectations of its participant financial institutions, businesses, consumers and …

… years, Modernization has topped the list of priorities for financial institutions. But Modernization is more than just … service providers, all while operating under tight margins. Financial institutions across Canada are challenged to … or a common set of rules for regulatory compliance and risk management across multiple payment channels, our …

… timeliness, access, functionality, interoperability and risk management in payment systems. Carol Ann Northcott, Payments Canada’s vice president of risk, security and research explains the examination of the …