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… so on. Fundamentally, the thing is that it has to work. The standard for Central Banks is much higher than fintech … behave that way. A new system would have to meet all the standards for resiliency, security outlined in the … that have to be had in terms of what you mentioned standards, or even legal aspects. For interoperability of …

… that system? Anne Butler: So competitors can build to those standards, they understand the rules of the game, and that … and I think that's the other part of the international standards and the way that regulators approach it in Canada … and interoperable. And things like using common messaging standards like ISO 20022, and common rules frameworks at the …

… on brink of second bailout for banks” 3 Measured by standard deviation as a percent of mean value. Source: …

… cryptographic security, secure API and also ISO 20022 standards. Today in this technology, we have two products: … payments are going to be commoditized. They're going to be standardized. They're going to be just a part of something … because it's all going to be the same. There's going to be standards. There's going to be instant payments, so I think …