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After Rogers outage, Interac failure highlights need for more risk oversight, competition in payments space, observers say

News | 07/21/2022 4:03 pm EDT
(stock photo via Pixabay.)

On July 8, when Rogers Communications Inc.‘s network went down nationwide, millions lost access to phone, data, and internet services, but many also lost access to banking and debit functions through the failure of the Interac Corp. system.

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