Canada’s real-time payments transition: Operational resilience is becoming a competitive advantage
By Rowan Akin-Smith, UK & North America Sales Director at Vyntra Canada’s payments infrastructure is entering a more demanding phase. As the Real-Time Rail (RTR) moves through testing ahead of its phased launch and ISO 20022 reshapes the flow of payment data, financial institutions are facing a more immediate question: are their operations ready for real-time payments, not just technically but operationally. That question came through clearly at Payments Canada SUMMIT. The institutions that...