Apple, Samsung, and Meta are notably absent from the Bank of Canada’s list of payment providers registered under its new oversight regime. The regulation, aimed at reducing risks like hacks and company failures, required non-bank payment services to register by mid-November. While Amazon, Google, and Shopify complied, the central bank is pursuing firms that may have missed the deadline.
Bank of Canada’s Paul Badertscher said companies assessing their registration requirements aren’t included on the list. Apple, Samsung, and Meta, all of which provide payment services in Canada, declined to comment on their absence from the registry.
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