As the Bank of Canada prepares to assume responsibility for supervising the country's 2500 payment service providers, Finextra spoke to Ron Morrow, the bank's executive director of supervision.
Nearly 80 countries around the world now have real-time payment systems, with dozens of other markets in the process of developing their own platforms. Representatives from Brazil and Australia joined the Payments Canada Summit on Thursday to share their experiences.
Currency exchange machines featuring facial recognition technology have been installed in a variety of airports and travel hubs across Europe in a bid to clamp down on money laundering.
Open Payment Network (OPN) has partnered with Bankers' Bank to enable the bank to deliver instant payment services to respondents via API connectivity to TCH-RTP and FedNow
The Central Bank of Kenya (CBK) has announced the launch and implementation of the Kenya QR Code Standard 2023 to increase the usage of digital payments