In Advance of Canada’s Real-Time Rail Rollout, Peoples Group Partners with Feedzai to Modernize Fraud Defenses and Secure 24/7 Payments

VANCOUVER, BC, and NEW YORK, NY – September 10, 2026 – Peoples Group, a leading Canadian financial services company and a critical infrastructure provider for the country’s fintech and challenger banking sectors, today announced a comprehensive modernization of its enterprise fraud monitoring architecture. Through a new partnership with Feedzai, the global leader in AI-native financial crime prevention, Peoples Group will integrate advanced risk-scoring technology into its core transaction framework to meet evolving regulatory requirements and secure the domestic payment ecosystem ahead of Canada’s Real-Time Rail (RTR) rollout in late 2026.

As a federally regulated institution that provides the underlying licensing, compliance frameworks, and sponsorship for Canada’s financial technology innovators, Peoples Group is moving deliberately to address the unique risk profile of instant payments. When the RTR launches in the fourth quarter of 2026, transactions will clear and settle around the clock in a matter of seconds. This shift to an “always-on” environment eliminates the traditional settlement delays that financial institutions historically relied upon to intercept unauthorized transfers and sophisticated scams.

By deploying Feedzai’s RiskOps suite across its platform, Peoples Group is embracing its role as a modernized payment service provider and primary choice for Canadian financial institutions, ensuring that its partner network can process real-time transactions reliably without increasing exposure to authorized push payment (APP) fraud and identity scams.

“Canada’s financial landscape is changing rapidly, and we are evolving with purpose,” said David Raju, President and CEO of Peoples Group.

The infrastructure upgrade directly addresses current shifts in Canadian consumer behavior and fraud data. According to Payments Canada, 49% of Canadians find real-time payments appealing, but 53% say that fraud concerns affect their shopping habits. By embedding Feedzai’s AI and machine learning tools—which monitor billions of global financial events annually—Peoples Group aims to mitigate these concerns by providing immediate, data-driven protection at the point of transaction.

The operational rollout will proceed in distinct phases, focusing initially on real-time transaction fraud monitoring and alert management to ensure RTR compliance before expanding to integrate more payment types and broader financial crime capabilities tailored specifically to the shifting compliance mandates of the Canadian retail payments market. This includes Feedzai IQ Score, an AI-native fraud risk scoring solution announced in June.

“Peoples Group operates at the intersection of technology and capital, acting as a trusted collaborator that helps transform bold ideas into scalable, market-ready solutions,” said Nuno Sebastiao, Co-Founder and CEO of Feedzai. “We are proud to support their network and integrate fraud prevention technologies from across our RiskOps platform, helping them secure the velocity of the Real-Time Rail and expand access to financial services safely and sustainably.”

With this infrastructure modernization, Peoples Group reinforces its position as a high-performance financial utility, delivering the regulatory safety and operational foundation necessary to support Canada’s digital banking future.