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… and translation software. Recent years have seen impressive advancements in AI thanks to the exponential growth … opportunities in the following areas: Fraud detection/prevention through the identification of unusual … activity. Despite the lack of evidence to support its widespread use, AI is likely to be used for this purpose in the …

… the horizon we caught up with Steve Faust, Associate Vice President of Payments Modernization at Central 1, to ask him … work he and his team are doing in support. How is Central 1 preparing for the launch of Lynx?  With Central 1 being one … System to Lynx in 2021. This includes participating in pre go-live Lynx industry testing and enhancing our business …

… of cash. Our market research suggests that cash is still prevalent and will continue to be an important medium of … a holistic view of the payments market.2 Our sample is representative of the Canadian population, taking into account population representation across the Canadian provinces.3 Alternatives to …

… Berners-Lee, Founder of the World Wide Web Victor G. Dodig, President & CEO of CIBC Marjan Delatinne, Global Head of …

… 11, 2023. Proposed rule amendments are developed through comprehensive consultation with relevant Payments Canada … of "indirect participant" and direct clearers’ use of representative arrangements in the EDI environment. The … participants to notify Payments Canada of any changes to authorized personnel accessing the systems 30 days in …

… of my job that I value most: being exposed to the entrepreneurial spirit exhibited by innovative players in the … I do every day is The Payments Canada SUMMIT , Canada’s premier payments event, coming to Toronto May 29 to 31, … world. From the main stage to breakouts, we hear from great presenters who share the latest from their part of the …

… some the financial industry’s biggest problems like fraud prevention and regulatory compliance. IBM’s Vivek Bajaj, Global Vice President, Watson Financial Services Solutions, highlighted … regulatory compliance, where clients can use some of our pre-built solutions to immediately see value. With use cases …

… Value Transfer System (LVTS) each month. As the industry prepares for the launch of  Lynx , which will be replacing … industry testing in January 2021 with Payments Canada in preparation for the switch to Lynx this summer. Central 1 … in 2022, requires Direct Clearers such as Central 1 to pre-fund all payments sent by its payments clients. Lynx …

… involved submitting responses to the Government of Canada’s pre-budget consultation , the Department of Finance’s … 2023. For the first time in three years, we are once again preparing for an in-person conference. The agenda for The … at The SUMMIT from May 3-5 in Toronto. Tracey Black President and CEO Payments Canada   …