*  *  *  I would like to thank the Faculty of Social Science here at the University of Western Ontario for inviting me to deliver this lecture. The Department of Economics within the Faculty is known for its long-standing interest in monetary economics, as well as its appreciation of economic history.
As is evident from this quick tour, the world of payments is dynamic and there is a lot of community interest in it. So there is a lot to talk about. Some areas that need addressing I would now like to move from the general direction of change to five specific areas where the Payments System Board would like to see further progress.