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… IT: Mike, could you please briefly explain the history of Lynx, in the context of where Canada’s high-value payment … data such as purchase order details, invoice reference numbers and much more. Lynx is very data-rich relative to … member institution in question must: maintain a settlement account at the Bank of Canada; be able to pledge the …

… Transactions on May 8, 2024. By Jon Purther, Director of Research, Payments Canada. Jon will be speaking at The … online services that are prepaid or linked to deposit accounts at financial institutions. Interac e-Transfer is … payments around the globe. In Canada, we know that the number of digital payment methods available to consumers and …

… Financial inclusion is essential to the success of the Canadian economy and inclusive payments and payment … As a result, these individuals often lack a deposit account digitally linked into the payment system, shutting … needs — like people with low incomes. The relatively small number of players also limits competition, potentially …

… Canada’s payments Modernization efforts? I’ve been a part of Payments Canada’s Modernization journey since 2012 and am … participate. The Canadian banking system is considered one of the most robust and mature in the world, and this … real-time systems and the use of new payment message formats like ISO 20022.  In the real-time payments space, …

…   AUTHOR Alyson Larocque Manager of High-Value Payment Systems Operations Alyson plays a key role in supporting the day-to-day operations of Canada’s high-value payment system, Lynx. The safety and … in learning more about the different types of MT and MX formats currently supported by Lynx, Payments Canada’s …

… Pandemic changes long-term payment preferences for 43% of Canadians 50% of Canadians use e-commerce platforms more … credit and debit cards continued to grow and dominate the number of transactions. Cash use continued to decline, a trend that accelerated during the pandemic. Cheques account for a small fraction of the total payment volume and …

… Most Powerful Women: Top 100. Eileen Mercier, Chair of the Payments Canada Board, is one of the 100 inspirational women who will be recognized at a … in Toronto at the Metro Toronto Convention Centre. The full list of WXN’s 2017 Canada's Most Powerful Women: Top 100 …

… Articles are written to reflect the interests and views of the author(s), and are not intended as an official … are opting to use BNPL services, and it is expected to account for three per cent of global e-commerce spend by … 31 Benefits and risks to merchants BNPL services provide a number of demonstrable benefits to merchants. According to a …