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… design for Lynx. Derek has led industry forums and is the current chair of the Senior Operational Committee. Derek …
… Canada’s legislative mandate, governance structure and current systems, including Lynx and the Automated Clearing …
… exposure from the default of the largest participant (currently at 97 per cent confidence). Upon a default, the … we will also implement same day settlement for current ACSS payment streams and open, risk-based access. We …
… range of players in the market are using the platform. Currently, we have around 60 financial institutions offering … a salary payment is made to an employee, the employee’s superannuation payment would be deposited into their … information is simultaneously sent to the government. We’re currently looking at how the NPP can drive some of these …
… service providers like Wise once we’re registered and supervised by the Bank of Canada under the new Retail … of bank partners who offer services to fintechs. There are currently single point-of-failure concerns with most … borders — eventually for free. Can you tell us about the current state of cross-border payments and how you foresee …
… in modernizing the payment experience in Canada. The current message portfolio of these guidelines includes five …
… expanding membership. 1 Membership in Payments Canada is currently limited to banks, credit union centrals, and a … accelerating the evolution. The Canadian Payments Act is currently a barrier to providing more open, risk-based … than their provincial centrals. The Canadian Payments Act currently prohibits local credit unions that are a member of …
… to review the eligibility guidelines. For a list of our current MAC members and who they represent, please …