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… Large Value Transfer System; an electronic wire system that facilitates the transfer of funds between participating financial institutions in real time with finality of …
… Ability for payments to be processed (exchanged, cleared and settled) across multiple systems or jurisdictions (e.g., cross-border) without manual assistance; … of common standards and/or technical compatibility … Interoperability …
… Canadian Payments Association operates under the brand name of Payments Canada. For legal purposes we continue to use Canadian Payments Association (or the …
… Payments Canada is committed to protecting your privacy. This … statement explains our practice with respect to your personal information. This statement addresses: Your visit to …
… Payments Canada has published updated ISO 20022 message specifications for Lynx , Canada’s high-value payment system, to support the implementation of Lynx Release Two and interoperability with SWIFT’s ISO 20022 global standards. …
… Payments Canada has published its 2020 annual report, Payments Meets Purpose . Throughout the pandemic year, our people honoured our 40-year history as they kept Canada’s national payments systems operating safely and securely, advanced efforts on both Lynx, our …
… Payments Canada has published updated ISO 20022 message specifications for Lynx, Canada’s new high-value payment system. The … will allow Lynx participants to prepare their existing applications to leverage the value of the ISO 20022 …
… Automated Clearing Settlement System; a batch total entry system used to enter batch totals for transactions exchanged by CPA member direct clearers. The ACSS … includes rules and standards that prescribe how payments should be made between direct clearers … ACSS …
… Automated Clearing House; centralized architecture that is used to exchange, and reconcile batches of payment items. The process of submitted files vary greatly from region to region. Some systems only hold and forward batches …
… By-laws, rules, standards and procedure documents are integral parts of the legal framework of the national payment systems that Payments Canada is legislated to establish and operate. They lay out …