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… the approval of Peoples Trust Company to shift from an indirect clearer to a direct clearer in the Automated Clearing Settlement System (ACSS). In December 2021, Payments Canada published an …
… its own behalf, exchanges payment items and makes entries directly into the ACSS. … Direct clearer …
… from SWIFT . The Automated Clearing Settlement System (ACSS) surpassed $4.4 trillion cleared and settled. Peoples Trust Company joined the ACSS as the first new Direct Clearer since the system launched in 1984. A historic moment …
… a company withdraws funds from your bank account. … Direct deposit is a fast, secure and convenient way to … an example of this is having your pay cheque deposited directly into your bank account. … One of the safest, most …
… a powerful tool for businesses. They are sometimes called direct debit, pre-authorized chequing (PAC), pre-authorized …
… system modernization continues,” said Cory Hathaway, Director, Treasury at Canadian Pacific. Along with greater … for Automated Funds Transfers (which include payments like direct deposits and pre-authorized debits) are now available … ISO 20022 in Canada, including rules, messages and training guide and a full list of endorsements from Canadian business …
… with the private sector,” said Andrew McCormack, Senior Director, Technology at Payments Canada. “In fact, that … ledger design and key lessons learned, including: Clearer understanding of the capabilities of distributed … those made with debit cards, pre-authorized debits, direct deposits, bill payments, wire payments and cheques. …
… We connected with Peter Morris, Senior Director, Payments Innovation Center of Excellence at CIBC … Management Committee (LMC) in partnership with Lori Bunt, Director, Modernization. The committee is responsible for … of the talented Lynx Management Committee members that have guided the committee, and Lori Bunt, my co-chair, has done …
… community about payments Modernization through an online guide, which includes videos from our live forum hosted in May this year. You can learn more about the guide online . About AdvantageBC AdvantageBC is a …