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… Topics discussed included open banking, digital ID, real-time payments, ISO 20022, fraud, cyber security and much … to deliver future payment innovations — including real-time payments — for the benefit of all Canadians: “We’re developing a real-time payment system that will be secure and reliable. It …

… will help steer the council through this important time as Payments Canada prepares to launch the Real-Time Rail . Reappointed members are: Scotiabank: Dougal … would like to thank outgoing chair Christine Hunter for her time and dedication over the last four years. We also wish …

… for Modernization? Change has been on the horizon for some time so a couple of years ago we set up an Enterprise … deep subject matter expertise. At the same time, we have to carve out the time for these individuals to actively participate in the …

… our new high-value payments system, establishing a new real-time payments system, and the introduction of smarter,  … in 2021, in alignment with SWIFT’s global initiative. Real-Time Rail : In 2019, working closely with key partners, we … made revisions to the delivery plan for Canada's new real-time payments system. This includes revising the expected …

… We also talked about the potential impact of real-time payments on sellers and others in the financial … payments. Getting started in accepting card payments can be time and labour intensive and complicated. It requires a lot … they can make informed decisions to increase sales, save time and reduce costs that helps them grow. In Canada we’re …

… The challenge remains that the upcoming payment system Real-Time Rail has been delayed and many of these benefits can … for Canadians once this system is operational. In the meantime, we’re excited to see what other opportunities our … present. Things like instantaneous wage disbursement, real-time cross border payments and more. Aside from direct …

… institutions that use it have access to key metrics in real-time, as well as databases that underpin historical reports. … this point, I’d note that we were ready to go live at the time that we had originally envisaged. I am very proud of … is Canada’s high-value payment system. Based on the real-time gross settlement (RTGS) model, Lynx processes large …

… parts that will require a significant investment of time and resources. It’s certainly easy to get lost in the … be built as each phase of the program is implemented. Real-time payments will create numerous customer experience … participants. We see Same Day EFT as a great solution for time sensitive payments including emergency payroll …