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… done remarkably well. I think you'll likely remember our banks were the gold standard in terms of safety and … ago. I would say today is no different. In my opinion, our banks have stepped up. My sense is they put the customers … would say this understanding and testing surely helped the banks from a resiliency perspective. In terms of specific …
… 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 …
… and now general spending tools to replace or complement a bank account. As a $3.1B market, prepaid isn’t tiny but its …
… payments made by Canadians and businesses involving inter-bank transactions, including those made with debit cards, …
… and 60 per cent were a mix of manual processes and banking platforms. We’re now in the process of quickly …
… payments made by Canadians and businesses involving inter-bank transactions, including those made with debit cards, …
… of financial market infrastructures designated by the Bank of Canada. How do you think expanded access to Payments …
… available in Canada (e.g. wire payments, shared automated banking machine transactions, electronic funds transfers at … in the Ways We Pay: A Consultation Paper. 2 All chartered banks operating in Canada, as well as the Bank of Canada, are required by law to be members of the …
… 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 …
… with more data With more data, real-time payments enable bank statements to have more details, giving consumers more …