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… resiliency is in the spotlight as Canada's national payment systems continue to operate safely and reliably even in the … and businesses, must be prepared to constantly adjust systems to meet change in economic conditions and also … and well-being of employees as well as operations of our system top priorities. To further our discussion on risk and …
… modernization with the launch of Canada’s new high-value system, Lynx, the foundational groundwork being done for the … years, Canada will see the launch of two new payments systems: Lynx and the Real-Time Rail. THIS YEAR, Lynx will modernize Canada’s high-value clearing and settlement system with an enhanced risk model that complies with …
… if you will, into the businesses, and even the wholesale system. Take for example, the heist of the Bank of … That operation involved malware that had been on their systems for months, allowing threat actors to learn the … tools are then used to exploit the individual or financial systems or other targets. Adversaries themselves, they …
… to reposition Canada as a leader in the global payment ecosystem. Where to Listen: … Transcript of the recording … PIN, they knew about the security and the security of the systems and the security that was protecting their bank … we did the debit point of sale by providing a settlement system. When I traveled around the world a few years later …
… the world. With the modernization of our national payment system, along with regulatory review and discussions, Canada … people still have to work with a relatively archaic payment system. I think this is a journey. Most countries have gone … more competitive. So if India has got a much better payment system than we have, it's easier to operate and do things …
… Financial institutions With modern payment systems, financial institutions can provide faster, … Modern banking in real-time Transforming Canada’s payment systems opens doors to enhanced payment clarity and enables … activity Fostering innovation The Real-Time Rail allows ecosystem players, including financial institutions to develop …