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DCBank Goes Live at Launch of Canada’s Real-Time Rail

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DCBank Goes Live at Launch of Canada’s Real-Time Rail

Digital Commerce Bank (DCBank), a Schedule I Canadian chartered bank, announced it is live at launch of Canada’s Real-Time Rail (RTR), the new national payment system that lets financial institutions, credit unions and payment service providers exchange, clear and settle payments in real time, 24 hours a day, seven days a week, with mandatory fraud mitigation and increased transaction transparency from day one.

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DCBank lets corporate clients process payments on the RTR from launch day. Clients connect to the RTR through DCBank’s existing API-based banking and payments platform without having to build the infrastructure required to connect directly.

“Going live at launch shows our commitment to payments and to building the infrastructure our clients depend on to innovate and grow,” said Jeff Smith, CEO of DCBank. “The RTR is the newest piece of a platform we’ve been building for nearly 20 years, alongside card issuing, BIN sponsorship and payment APIs connecting all major rails in Canada. Our clients come to us to launch payment products they couldn’t build on their own, and from today those products can settle in real time. Payments Canada and its delivery partners spent years getting the rail ready, and we’re glad to be live alongside them.”

DCBank’s RTR payment processing runs on the same API-based banking and payment infrastructure its clients already use to bring payment products to market. RTR payments through DCBank pass through Payments Canada’s mandatory centralized fraud services, including confirmation of payee on applicable consumer payments, and DCBank’s own fraud controls.


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