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… new real-time payments system, the Real-Time Rail (RTR) . This announcement follows an extensive procurement process … of Finance. The partnership will draw on Mastercard’s expertise, and its next-generation real-time payments technology … all Payments Canada requirements, including support for the ISO 20022 messaging standard, and will comply with the Bank …
… Client and Customers at Metrolinx as our new Stakeholder Advisory Council chair. We sat down with her to talk about her … payment developments at Metrolinx and how modern payment legislation benefits us all. Can you tell us a bit about your … payments will get where they need to get to in the time required. We are still working on achieving that state, and …
… This article is the first in a series that explores emerging topics in payment policy. Each explains key policy issues and considerations, as well as Payments Canada’s … operation of a CBDC, a sound liability framework would be required that balances end-user protection with the safety …
… Payments are changing The payment landscape is changing, and so are the needs of Canadians. Payments Canada is working to modernize Canada’s payment systems. … Modernization is a multi-year Payments Canada initiative to modernize the …
… The Payment file validation service (PFVS) is designed to reduce the time and effort required to test and validate client-generated payment files … service (MVS) supports the industry-wide migration to the ISO 20022 messaging standard. … The Financial institutions …
… the United States Bulk Exchange application (USBE). This announcement follows PTC’s declaration to change their … and effect settlement directly with the Bank of Canada. This is possible due to regulatory changes in August 2020 that …
… and why expanded access to Canada’s payment system is critical to ignite competition and innovation. Square is perhaps best known for the iconic little white card … person or over the phone and marina owners in Sidney, British Columbia let boaters schedule dockings online and …
… with fellow researchers, academics and policymakers to discuss the future of payments. This year, from July 27-28, Payments Canada, in partnership … low default probability but do not have the credit history required by traditional lenders. Another interesting …
… by the person giving it, requiring the person to whom it is addressed to pay, on demand at a fixed or determinable …
… of a digital currency? What are the complexities and risks with introducing a CBDC? The Paypod host Cyrielle Chiron is joined by Rod Garratt, Pellish Chair in Economics, … came along, but so far, Central Banks have not seen a good reason to do this. But times are changing. Cyrielle Chiron: …