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… and Affirm. However, other financial institutions like banks are entering the market, for example, CIBC, which … the Pace It feature on its credit cards in 2019; Scotiabank with its SelectPay program, which works similarly to … of credit (e.g., credit card, personal line of credit) or banking services. 63 In general, BNPL providers perform well …

… benefits of expanding the membership beyond traditional banks to include a broader range of financial service … on small businesses in Canada in the coming years? Open banking has the potential to have a significant impact on … greater access to financial data, the ability to seamlessly bank at multiple institutions, more options for efficient …

… Credit unions are an important driver of competition in the banking sector and consumer access to financial services. … as well as obtaining a settlement account from the Bank of Canada. Each credit union will need to assess these … union continuance to the federal framework, consumer-driven banking and access to federal liquidity facilities. Q: What …

… payments made by Canadians and businesses involving inter-bank transactions, including those made via debit cards, … Large Value Transfer System (LVTS) is designated by the Bank of Canada as a systemically important payment system. …

… Oversight Framework (RPOF), and its oversight by the Bank of Canada, as part of the 2021 federal budget, A … be a public registry of regulated PSPs, maintained by the Bank of Canada, to ensure their compliance with operational …

… including CIBC, Intuit Canada, Mastercard MX, TD Bank Group and others, to work towards the development of a …