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… to reconnect with colleagues, make new connections and discuss the challenges and opportunities facing our industry. It was invigorating to be reminded of what we can achieve when we work together to make payments … the execution of the Real-Time Rail (RTR). In the coming months, following the targeted review of the RTR program, …
… payments industry has seen a significant demand in recent months. Consumers want their money in and out of their … To boot, every actor in the process wants to reduce the risk of fraud in their payment platforms. The PayPod host … including cash being eclipsed at an accelerated pace, what does this mean for the payments landscape? And how is …
… Canada’s payments Modernization program is moving along quite nicely and, as outlined in our Roadmap … to enhance “legacy” AFT. This tells me that AFT – what I call the workhorse of the payments system - is due … could support progress in payments. Over the last several months, Payments Canada has been working with a …
… The Bank for International Settlements (BIS) recently announced the launch of its first Innovation … you think about the BIS Innovation Hubs around the world, what excites you the most? What are some of the key projects … in Toronto? What is on your task list for the next 12 months? Our task list is quite long, but our priority is to …
… (15 per cent) lost money from payment fraud in the last six months. Impersonator fraud represented 25 per cent of … store passwords on personal devices creating security risks. 45 per cent noticed an increase in fraudulent or … activity directed at them through email over the last 12 months. Businesses also noticed an increase in activity …
… DISCLAIMER: Articles are written to reflect the interests and … discussion. We’re relying on you, the reader, to tell us what we don’t know and to clarify where necessary. Your … around cadence, readers can expect one new publication a month, on average. So be sure to come back regularly for …
… As the central credit union for British Columbia and Ontario, and manager of the Group Clearer … 1 settles billions of dollars in Canadian wires every month. Underpinning this activity is Canada’s Large Value … with Payments Canada and Bank of Canada requirements. What is Central 1 doing to help its members and clients get …
… sense and it’s a significant point of friction. We know this needs to change. A recent study shows cross-border … have transferred funds internationally in the past six months, with the United States (U.S.) being the top … implemented or are close to implementing real-time systems. What this means is that across the globe we’re seeing …
… the globe, we also invited him to join our open panel discussion at Sibos next month for a banker’s view on payments modernization around … rail in Australia, the New Payments Platform (NPP). What’s capturing your attention these days? I’ve been …
… Payments Canada is leading the effort to introduce ISO 20022 — an … that can be used for electronic funds transfers. In recent months, ISO 20022 has reached significant milestones … to view their bank statements with clarity, knowing exactly what each debit or credit refers to. Corporations For …