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… was built on the confidence that the consumers, the banks, the institutions had, and it developed through the … of the systems and the security that was protecting their bank accounts because they'd been accustomed to using those … upgrading of all the infrastructure at all of the issuing banks and all the point of sale terminals, like it was a …

… knowing that the funds have already been credited to their bank account without any delay and without any concern that … is sent before the recipient receives the funds in their bank account. The RTR is also designed to enable a variety … standards that are set for us and established for us by the Bank of Canada. From day one, we've designed the RTR with …

… payments made by Canadians and businesses involving inter-bank transactions, including those made with debit cards, …

… responsible for driving partnerships with major Chinese banks. In 2011, she became one of the founding members of …

… around the world, support the changing needs of our central bank, help our businesses compete on the global stage and …

… result of Modernization. Let’s say a customer changes their banking information but forgets to tell their insurance …

… and the coordination and support for the execution on the Bank of Canada’s risk prominent payment system (PPS) …

… the proliferation of electronic funds transfers and digital banking. This is changing, but slowly. Consistent with the … the Retail Payments Activities Act and the expansion of the Bank of Canada’s mandate in this area to provide oversight …

… out who is eligible to access a given system and how. The Bank of Canada also plays a very important role, assessing … account the interest of users, and need to consider the Bank of Canada's oversight expectations for our systems, …