#PaymentsCanada learning about the Canadian anti-scam alliance with Jennifer Weeks, Jennifer Hawkins, Lorraine Krugel and Nick Maxwell.

Curious to compare their approach with the UK approach.

#PaymentsCanada Visa up now - very impressive - 30% uplift for SMEs using Click-to-Pay

#PaymentsCanada day 2 kicking off with AI - Kellie Johnson, David Bergeron, Dougal Middleton and Kathleen Woodward. M

My view? Institutions are very focused on what they are going to do with AI, but actually their futures will be shaped more by what consumers will do with AI.

Shift to faster payment system in Canada years behind schedule
Getting the new system up and running will be the highest-profile task of the next CEO of Payments Canada as Tracey Black officially stepped down at the end of her term Monday.
#globalnews #Canada #Money #PaymentsCanada #Real-TimeRail
https://globalnews.ca/news/10394704/payments-canada-leadership-change/
Shift to faster payment system in Canada years behind schedule

Getting the new system up and running will be the highest-profile task of the next CEO of Payments Canada as Tracey Black officially stepped down at the end of her term Monday. 

Global News
Shift to faster payment system in Canada years behind schedule
Getting the new system up and running will be the highest-profile task of the next CEO of Payments Canada as Tracey Black officially stepped down at the end of her term Monday.
#globalnews #Canada #Money #PaymentsCanada #Real-TimeRail
https://globalnews.ca/news/10394704/payments-canada-leadership-change/
Shift to faster payment system in Canada years behind schedule

Getting the new system up and running will be the highest-profile task of the next CEO of Payments Canada as Tracey Black officially stepped down at the end of her term Monday. 

Global News
Shift to faster payment system in Canada years behind schedule
Getting the new system up and running will be the highest-profile task of the next CEO of Payments Canada as Tracey Black officially stepped down at the end of her term Monday.
#globalnews #Canada #Money #PaymentsCanada #Real-TimeRail
https://globalnews.ca/news/10394704/payments-canada-leadership-change/
Shift to faster payment system in Canada years behind schedule

Getting the new system up and running will be the highest-profile task of the next CEO of Payments Canada as Tracey Black officially stepped down at the end of her term Monday. 

Global News

The #US #FederalReserve has announced the launch of the much anticipated real-time rail (RTR) #payment system known as #FedNow which allows #Americans to send, receive & settle #funds in seconds instead of the current system where it can take several business days to complete a transaction.

Unfortunately here in #Canada, the RTR payment system has been delayed from a 2022 launch to maybe sometime this year. #PaymentsCanada has not set a launch time frame yet.

#Finance

https://www.reuters.com/business/finance/fed-set-launch-long-awaited-instant-payments-service-modernizing-system-2023-07-20/

Fed set to launch long-awaited instant payments service, modernizing system

The U.S. Federal Reserve is due to imminently launch a long-awaited service which will aim to modernize the country's payment system by eventually allowing everyday Americans to send and receive funds in seconds, 24 hours a day, seven days a week.

Reuters
Banks customers aren’t going to walk into the bank and ask for #OpenBanking or #RealTimePayments but they will want that functionality. -Saba Shariff, New Product Development, Symcor #PaymentsCanada
Payments matter because they keep the economy moving. #PaymentsCanada is working to make #payments easier, smarter, and safer for Canadians. 🇨🇦 -Tracey Black, President of Payments Canada
Payments are evolving faster than ever. ISO20022 creates data rich payments that will reduce exceptions by including data with the payments message. We don’t know how it will evolve but will someday wonder how we lived without it. -Tracey Black, President of Payments Canada #PaymentsCanada