2020年9月25日/ by:

米德赫·莫纳汉,通讯专家

  / 8分钟

Ensuring the Safety and Soundness of 支付 for the Credit Union System

满足 苏惠特尼, the payments guru who is leading 中央1 on our 支付 Modernization journey. 作为支付策略副总裁, Sue为中央1和信用社系统带来了她在推动加拿大支付系统(公共和私营部门)转型方面的丰富经验. She was recently appointed to an additional three-year term on 支付 Canada’s Member Advisory Council (MAC), 该机构的任务是就结算或结算以及新技术开发等问题向加拿大支付委员会提供咨询和建议.

苏,卡梅隆银河076注册与Sue坐下来讨论了加拿大支付现代化进程中的创新机会,以及中央1如何确保银河076注册为加拿大人提供一个安全银河076注册支付平台——这是信用联盟系统成功的关键因素, 金融服务业, 以及加拿大经济的整体稳定性.

Tell us about your career to date and how your experience prepared you for your current role in 中央1, 你的重点是帮助信用社发展吗.

我是作为一名监管人员进入支付领域的. As Chief of Financial Institutions and 支付 at the Department of Finance, I gained a deep understanding of the machinery of government, the politics of payments and the vital importance to the economy of central payments infrastructure.

As Interac的 欺诈及利益相关者关系主管, I charted their course for moving to chip cards and their overall strategy for managing debit card fraud, 哪个出现了问题. 在这一点上, Interac was taking proactive measures to reinforce consumer confidence in using debit cards to access funds in their bank accounts. Being involved in this project gave me an appreciation for the importance of risk management in underpinning payments. 这也激发了我对支付的热情,因为我亲眼目睹了简化支付体验对加拿大人日常生活的重要性.

As Visa’s Head of Strategy and New 产品 I drove the rollout of contactless payments, 手机钱包解决方案, 转账, 预付和电子商务使用借记卡. Visa花了大量时间专注于提供创新,而创新是由创新的现代风险管理维持的:两者是相辅相成的.

搬到支付加拿大对我来说是一个很大的改变. 作为产品战略主管和产业关系主管, 我读到 时,意识到信用合作社在支付方面面临的巨大挑战和机遇,因为变化的规模 和对全国金融机构的影响 ,以及监管机构希望看到变化 的强烈愿望,这种变化能够使小型金融机构实现创新和竞争. My close work with regulators helped me appreciate the nuances of the regulatory obligations and how they are changing, which is helping me now as I work to ensure 中央1 is compliant with these regulatory obligations.

您如何看待支付现代化? 

银河yh0076 is about being competitive in the global payments space. 现代化的一个关键驱动力是确保加拿大的核心支付基础设施符合全球管理金融风险的最佳标准. 这将通过采用国际清算银行和世界各地中央银行制定的全球标准来实现. 中央1 is therefore actively focused on building up its infrastructure to meet the new standards, 特别是与清算和结算有关的. Getting these foundations right will allow us to adopt different participation models and drive innovation.

支付现代化是 在 Covid-19后的世界蓬勃发展的关键一步,在这个世界上,对创新数字支付 服务的需求比以往任何时候都更大. Just think about how our own payment behaviours have changed in recent months, moving towards more digital forms of payment and away from physical (cash and cheque) payments.

让我非常兴奋的是与银河076注册的信用合作社和金融机构(FI)客户合作,推出 计划,为其成员提供差异化支付体验. 从他们的角度来看, knowing where to spend time and energy to make a difference for the end customer is a challenge. They can have confidence that 中央1 is building our processes, practices and technology to underpin their journey to innovation.

银河yh0076 offers significant opportunities to our clients in being able to offer new solutions to their members e.g. 新产品, 关于客户的新数据和见解,可以帮助确定加深关系的新方法,并提供给客户更高水平的服务的新功能, 在24/7的基础上实时. ​

您认为信用社系统的机会在哪里?

我把实时轨道(RTR)称为支付现代化领域的“王冠上的宝石”,因为它具有令人敬畏的交易速度(不到10秒)和丰富的数据. RTR下, 低平板定价, open access rules and a new risk management model will enable new partnerships and collaboration, 使之成为现代的基础, 快速安全的支付. 这是世界各地市场的经验,对加拿大来说,这将是一个伟大的真正改变游戏规则的系统到位. 一旦RTR到达, it is very likely that customers will gravitate to it more and more and reduce usage of other legacy payment methods. 它将成为一个平台,金融科技公司和金融机构将聚集在此,以建立解决客户特定痛点的解决方案. 例如, 未来的机会可能包括:中央1与小型企业支付解决方案提供商合作,提供集成的会计和支付解决方案, 使用ISO 20022消息, or working with innovative e-commerce platform providers to provide deposit account-based solutions for e-commerce solutions.

What process changes will happen within clearing and settlement as a result of 银河yh0076?

首先,我来解释一下什么是清算和结算. 银河076注册都知道写支票是什么滋味, 点击银河076注册的借记卡或发送电子转账, but behind those actions are the arrangements put in place to allow financial institutions to move money. Sometimes the money moves immediately, but very often it moves the next day. 每一天, 大价值转移系统(LVTS)和自动结算结算系统(ACSS)的参与者必须通过结算彼此欠对方的钱来确定头寸.

As a Direct Clearer in 支付 Canada’s ACSS and Direct Participant in LVTS, 中央1 settles billions of dollars in payments every month for the Canadian credit union system. 银河076注册有责任安全地交付付款, efficiently and cost-effectively for the credit union system.

实时总结算设计要求 Lynx (Canada’s new high value payments system coming next year) and RTR (coming in 2022) require Direct Clearers such as 中央1 to pre-fund all payments sent by its payments clients.

Lynx将把“幸存者-支付”的LVTS模式转变为“违约-支付”模式,并不再需要加拿大银行在参与者违约时担保结算的最终结果.

作为安大略和B的集团清算人.C. 信用合作社 和 为其他省级中心, 根据信托会保诚监管协会的规定,银河076注册有义务确保任何一个成员的结算活动不妨碍其他成员的结算能力.

With this greater reliance on our own funds to prefund settlement in real-time, we are required to implement additional controls beyond collateralization based on daily net settlement activity. 正确处理资金流动部分可以帮助银河076注册降低风险. 随着现代化而来的很大一部分变化是,通过缩短你承诺付款与最终付款和交易完成之间的差距,消除了风险.

What is 中央1 doing to meet these new regulatory requirements?

银河076注册正在帮助信用社系统加速支付创新和提供,确保加拿大新的高价值支付系统解决信用社系统的技术问题, data, 监管及库务要求. We are building the processes to support clients to meet all the new demands for faster, more final payments and funds movement and have the liquidity in place to meet the needs of its client’s customers.

描述中心1的风险管理方法.

银河076注册已经选择了一种风险管理方法,以确保端到端交易的更大可见性,从而履行金融服务业目前面临的严格监管义务,这是加拿大支付现代化倡议的结果.

银河076注册的方法允许中心1:

  • 实时监控参与者的进出交易,以监控客户支付能力和监督日内流动性头寸;
  • hold transactions if a participant does not have the available settlement capacity; and /li>
  • facilitate the different credit risk mitigation capabilities efficiently on a per-system basis, 猞猁需要什么, RTR和ACSS.

We chose an approach that’s for the betterment of all our clients as we all prepare for the many exciting, innovative and regulatory changes coming with Payment Modernization. When the Lynx high-value payments system goes live next year, 银河076注册将全面实施新流程,履行银河076注册的义务,审查、支持或停止支付,如果没有足够的流动性支持支付.

实时支付带来了更大的欺诈风险. 中央1将如何帮助信用合作社减轻欺诈?

We are fully committed to supporting our clients as real-time payments are implemented in Canada. 银河076注册已经审查了实施实时支付的其他司法管辖区,银河076注册正在与行业领先的顾问合作,以确定一个强有力的欺诈解决方案,将支持个人信用合作社的努力,以防止和减轻欺诈损失.  We will shortly finalize a solution that meets the unique needs of our clients at a reasonable price. We want our clients’ customers to feel confident in trying these modern payments, knowing that best in class global vendors are supporting us.