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… has developed an ISO 20022 Interoperability Charter, which Payments Canada has declared support for. The charter … interoperability of the ISO 20022 standard for high-value payments, to support efficiency, innovation and improved … Elizabeth Leather of the Bank of England and Karl Lee of Payments Canada discuss how the charter was developed, who …

… upgrading. And Canada is keeping pace. On September 1 2021, Payments Canada announced the launch of Lynx, Canada’s new … payment system. Lynx processes large value, time-critical payments with real-time settlement finality and provides … technologies, including APIs. A major driver for modern payments is ISO 20022. This new messaging standard will …