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… and collaborative approaches are shaping the financial ecosystem. What opportunity do you think access to richer data … consideration is being able to interact with legacy systems and placing focus on delivering quick value. What I …

… participants and what they need to follow in that payment system. And you know, without rules, we would have chaos. So in a payment system, without rules, you wouldn't have interoperability, … all those things that we enjoy today in our payment systems. The rules play a critical role in allowing — in the …

… "Paymentologist" Lance Homer to analyze how the payments ecosystem in Canada has adapted to increased demand for … initiative is the introduction of a new real-time payment system, which is the first of its kind in Canada. This system will be an always available system that move funds …

… the private sector to potentially bypass the core national system that either are regular for Central Banks or operated … both a risk of Central Banks being out of the payments ecosystem, but also opportunities for Central Banks to provide … how it looks like, the parties involved, or the banking system of each country, or all of the above" that both of …

… how smaller businesses are being served by the payments ecosystem, and how they’ll benefit from modern payments, from … and credit unions across Canada to ensure the credit union system continues to be at the forefront of Canada’s digital …

… series. So let's first set the stage on what a payments ecosystem is in the first place and why it's due to be … you going pay debit or credit before you use your card? The system should recognize it and it doesn't matter. It goes to … feel it anymore, but when we introduce all the modernized systems we have planned for, a lot of this friction will be …

… resiliency is in the spotlight as Canada's national payment systems continue to operate safely and reliably even in the … and businesses, must be prepared to constantly adjust systems to meet change in economic conditions and also … and well-being of employees as well as operations of our system top priorities. To further our discussion on risk and …

… if you will, into the businesses, and even the wholesale system. Take for example, the heist of the Bank of … That operation involved malware that had been on their systems for months, allowing threat actors to learn the … tools are then used to exploit the individual or financial systems or other targets. Adversaries themselves, they …

… modernization with the launch of Canada’s new high-value system, Lynx, the foundational groundwork being done for the … years, Canada will see the launch of two new payments systems: Lynx and the Real-Time Rail. THIS YEAR, Lynx will modernize Canada’s high-value clearing and settlement system with an enhanced risk model that complies with …