Vivek Mehta
About Vivek Mehta
Vivek Mehta is a Senior Product Manager at Interac Corp., where he leads the e-Transfer migration over the Real-Time Rail Program. He has extensive experience in the financial sector, having previously held roles at BMO Financial Group, TD, and Info-Tech Research Group.
Current Role at Interac
Vivek Mehta serves as a Senior Product Manager at Interac Corp. since 2021. In this role, he leads the e-Transfer migration over the Real-Time Rail (RTR) Program. His responsibilities include replacing the existing bilateral settlement with a real-time gross settlement model. He collaborates with Payments Canada to facilitate a smooth transition for Interac's customers to new payment processing and settlement methods.
Previous Experience in Financial Services
Prior to his current position, Vivek Mehta held various roles in the financial services sector. He worked at BMO Financial Group as a Business Consultant in both Enterprise Wire Payments and Retail and Commercial Banking from 2010 to 2015. He also served as a Manager in Payments at TD from 2015 to 2018 and as a Research Director for Digital & Innovation at Info-Tech Research Group from 2018 to 2021.
Education and Expertise
Vivek Mehta holds an MBA in Finance and Strategy from the Rotman School of Management at the University of Toronto, where he studied from 2008 to 2010. He also earned a B.Tech in Mechanical Engineering from the Indian Institute of Technology (Indian School of Mines), Dhanbad, from 2000 to 2004. His educational background supports his expertise in product management and financial services.
Thought Leadership in the RTR Program
Vivek Mehta provides thought leadership on various aspects of the RTR program. His focus areas include settlement mode, participation model, and liquidity analysis. He regularly presents ideas to the Canadian financial industry in workshops that attract over 200 participants, sharing insights and fostering discussions on payment innovations.
Collaboration with Technology Partners
In his role at Interac, Vivek collaborates closely with technology partners to design artifacts related to the RTR program. This collaboration is essential for developing effective solutions that meet the needs of the Canadian financial industry, ensuring that the transition to new payment methods is efficient and beneficial for all stakeholders.