An update from me on Canada's Real-Time Rail system. After repeated delays, phase 1 is scheduled to go live this year. But Canada’s biggest banks, which settle the majority of payments, likely won’t be participating in this first phase, sources say.
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Canada’s initial real-time rail rollout likely won’t include big banks, sources say | BetaKit
Feds say they will aim to have all major financial institutions on board by next summer.