Payments Compliance Think Tank

As part of our 25th year celebration, we are introducing the Payments Compliance Think Tank; a board style, intimate but intense, gathering to address how the industry is evolving and the next frontier for payments.


Thursday, November 28, 2019

7:45
Registration Opens & Refreshments are Served
8:45
Opening Remarks from the Chair
9:00
Understanding the Impact of the Payments Canada Modernization Initiative

Ana Badour
Partner
McCarthy Tetrault
9:45
Refresher on Sanctions Screening and Transactions Monitoring

Jawid Kargger
Head of Sanctions
CIBC

 

Paul Lalonde
Partner
Dentons
10:30
Refreshment Break
11:00
Analyzing How PCMLTFA Amendments Address Virtual Currency & Prepaid Cards

Dr. Daniel Leslie
Associate
Norton Rose Fulbright
11:45
Establishing a Payments Compliance Regime to Meet Security Standards and Privacy Requirements

Alexis Gargurevich
Innovation and Emerging Technology Risk
TD

 
In this session learn how to:

  • Stay PIPPIDA/GDPR compliant when collecting, using and disposing of data
  • Conduct effective risk assessments
  • Mobilize a payment card data breach response
12:15
Networking Lunch
1:15
Setting the Scope for the Open Banking Payment Model

Justin Ferrabee
CEO
Paramount Commerce
Former COO of Payments Canada

 

Jacqueline Shinfeld
Partner
Blake, Cassels & Graydon LLP

 
The Senate committee on Banking, Trade and Commerce has released ten recommendations on how to initiate the development of an open banking framework in Canada. The committee advocates for harnessing innovation to improve financial services and competitive edge while at the same time protecting the privacy of Canadians. Identifying how the payments sector will be integrated is one of the priorities.

  • Explore the intersection between payments modernization and Open Banking
  • Hear insights from experts on what a principles-based approach to oversight could mean for your compliance program
  • Setting the scope of data sharing to leverage third party apps while protecting privacy
2:15
Fraud Busting: Preparing for Real-Time Payments using AI

Senior Representative
Mindbridge Ai

 

Real-time payment solutions are increasingly being adopted for consumer convenience and competitive-edge, but moving money faster comes with risks. The lack of lag time can make fraud and money laundering activity more difficult to detect. Fintech innovations in AI and machine learning hold the potential to mitigate regulatory and compliance related risk.

3:00
Closing Remarks from the Chair