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… processes and re-engineered them for the target state in order to accommodate the new risk model, Lynx platform, and … competitive. Payments are becoming more contextual and borderless with the introduction of the ISO 20022 messaging … to the table in terms of adaptability to this contextual, borderless evolution. Lynx release two will allow …
… to undertake a review of the merits of open banking in order to assess whether open banking would deliver positive …
… services that can evolve with changing technologies. In order for new market entrants to maximize the efficiencies …
… Framework and changes to the Canadian Payments Act, in order to provide Canadians new payment options that are … of Canadians and keep more money in their pockets. In order for Canadians to reap the benefits of modern payments, … your current role, we know Wise’s mission is money without borders. Can you tell us about the current pain points in the …
… deeply impacted the Canadian payment industry. Stay-at-home orders and brick-and-mortar business closures restricted the … in e-commerce transactions. Government “stay-at-home” orders and brick-and-mortar business closures restricted the …
… financial services and payment channel innovation teams in order to understand the challenges and benefits of our …
… Canada is diligently reviewing our by-laws and rules in order to assess what consequential changes are needed to …
… speaking different languages, a common occurrence in cross-border transactions, and trying to place a simple order for a standard part could cause confusion. This kind … interoperability between Canadian systems let alone cross-border jurisdictions. The solution is ISO 20022, an open …
… payments, transaction transparency, easier payments, cross-border convenience, activity-based oversight, platform … And members need to understand how to comply with those in order to play fairly on the system. So that's how I see open … that everyone is subject to the same rules or degree of enforcement. It means that like risk is treated in a like …