Ms. Findlay was a very active member of this committee and I always appreciated her input.
We'll next have PayPal Canada speak, and we have Mr. Cameron Schmidt, general manager.
Welcome to the committee.
From MasterCard Canada we have the vice-president, emerging payments, Mr. William Giles.
Welcome as well.
From the Royal Bank of Canada we have vice-president, international cards and Canadian regulatory payments, Ms. Carolyn Burke.
Welcome to you.
And from Visa Canada Corporation we have the head of mobile innovation, Mr. Derek Colfer.
I'm sorry, we should have these in the proper order here but we are going according to the agenda. You each have five minutes maximum for an opening statement, and then we'll have a round of questions from each member, and then I believe there will be a presentation at the back of the room of any of your technologies.
We'll start with EnStream, please, for your opening statement.