In this session, you will derive a necessary understanding of the basic standards under the Code and its recent enhancements, and the practical and legal challenges faced when incorporating the Code.

• Application of the Code to mobile payments
• Interchange rate adjustments
• Revised dispute handling process
• New disclosure and branding requirements for payment networks and card issuers
• Enhanced disclosures and requirements impacting the merchant-acquirer relationship
• Effective strategies to be compliant with the Code
• How should new players be regulated?

• FCAC's initiatives on the amended Code of Conduct
• Integration of mobile payments into the amended Code of Conduct
• New industry standards on the complaint-handling process
• Top complaints for 2015

• The Canadian Payments Association's (CPA) plans to modernize the core payments infrastructure to meet the future needs of the payments system in Canada
• Rules related to the CPA's modernization initiative
• Updates to the CPA's governance model

• Amended regulations under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA)
• Managing risks associated with cards issued by federally regulated financial institutions

• Mitigating risk in various payment solutions including prepaid cards, near field communications, online payments, mobile and digital wallets
• Ensuring compliance with PCI-DSS standards
• Authentication, data security, and compliance
• Addressing challenges associated with cross-border payments
• Future legal requirements for using new technologies
• Integrating emerging technology and new products into your business model
• Improving customer experience while preventing fraud and maintaining security

• Regulations around the future of digital currencies
• Changes in the US, including Faiella v. Shrem which extends securities laws and regulations into virtual currencies
• Financial Action Task Force (FATF) guidance for a risk-based approach to virtual currencies
• Why thirteen banks, including RBC and TD, are joining a consortium led by a financial tech firm that is working on a framework for using blockchain technology in markets

• Update on liability and regulations
• Mitigating risk in mobile payments
• Concerns over the use of personal information by emerging providers such as Apple Pay, Samsung Pay, and Android Pay
• Loyalty program integration in mobile wallets
• Adoption of mobile payments in other parts of the world: successes and failures
• What will it take for digital wallets succeed in the Canadian market?

• Where does liability for data breaches fall?
• How to protect your organization and comply with PCI DSS
• Assigning liability in your contracts when outsourcing card processing to a third party
• Payment card holder data and cyber liability insurance
• Dispute resolution process for merchants and acquirers

• Update on reactions to the Marcotte decision
• Can provincial legislation apply to banks?
• Cross-border issues and resulting business implications

• Strategies for developing effective policies and procedures to mitigate the risk of fraud
• Incorporating effective due diligence into your compliance programs
• Verifying client identity and knowing your customer (KYC)
• Authentication issues in internet and online payments
• Using social networks as a means of identification for non-face-to-face transactions

• Maintaining PCI compliance security standards
• What data is being captured and what happens if that information is intercepted?
• Payment card data storage and the use of the cloud
• Adopting tokenization
• Using encryption tools
• New data breach notification provisions in Personal Information Protection and Electronic Documents Act (“PIPEDA”), with the enactment of the Digital Privacy Act

• Growth of financial technology (FinTech)
• Will banks adopt biometrics as a secure authentication method?
• Privacy in new FinTech models: best practices for handling cardholder data
• Innovation in Europe, Asia, and the US
• Need for stakeholder collaboration in the industry