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… to moving ahead, things that have to be solved like open banking and rules, regulations and RTR infrastructure being … in day-to-day life than just the traditional way of doing banking. And of course, artificial intelligence, GenAI, it's … look after transformation for the retail and commercial bank. In terms of innovation, I think Radhika was here on …
… more diverse payment services to their clients. … Modern banking in real-time Transforming Canada’s payment systems … to send and receive moneys, even outside of normal banking hours, to any Canadian bank account Real-time liquidity management With funds …
… payments made by Canadians and businesses involving inter-bank transactions, including those made with debit cards, …
… payments made by Canadians and businesses involving inter-bank transactions, including those made with debit cards, …
… payments made by Canadians and businesses involving inter-bank transactions, including those made with debit cards, …
… Direct clearers must maintain settlement accounts at the Bank of Canada. Settlement of the previous day’s net … balances are extinguished via payments to and from the Bank of Canada. … ACSS statistics Payment items through the … direct clearer to effect settlement on the books of the Bank of Canada the following morning. USBE settlement is …
… our mandate. Imagine what it'd be like if you went to the bank and asked for a service, and they told you to bring three things. The next time you go to the bank and ask for the same service, they tell you to bring … the board approval, we do need to share our rules with the Bank of Canada for their 30 day review. Because our systems …
… transactions in the country and all the wires between the banks to settle at the end of the day and with the Bank of Canada, big dollar values, right? Big, big dollar … process, a big player in payment system is also the central bank. So all of our access criteria are currently disclosed …
… of debit peer-to-peer and contactless, largely because our banks make them accessible. With regards to automatic … Our systems have been running flawlessly. We saw the Bank of Canada inject a lot of liquidity into the economy … of, how can we use things like the request to pay, the open banking APIs, instant payments as a whole ecosystem to drive …
… on, go to the ACSS and start keying in all of the other banks’ settlement charges manually — for nine or ten …