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Federal government updates code of conduct to adds rules for mobile payments

“Minister Oliver was a big supporter of an industry-led solution on reducing interchange fees, and these Code updates will help ensure those savings are passed on to merchants”.

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Royal Bank says tech firms pose threat, eyes startup partnerships

TORONTO: Technology companies pose a competitive threat to established lenders, the head of Royal Bank of Canada said, adding he was keen to work with start-ups to improve the company's mobile offerings.