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… Electronic payments account for 73 per cent of all transaction volume versus … accounted for 73 per cent of total payments volume (number of overall payment transactions), and 59 per cent of …

… are written to reflect the interests and views of the author(s), and are not intended as an official … challenges of distributing and managing physical cash. Account-based CBDC offerings would serve as a near costless … in order to effect, for example, freezing and/or blacklisting of accounts/wallets as necessary. “The widespread …

… In Part 1 of this series, we discussed the importance of understanding … FIs are responsible for safeguarding access to the deposit accounts of their customers. After clearing, cheques are … Customers can also help by using cheques with serial numbers that don't repeat too often, as these can be used to …

… Leading the adoption of ISO 20022 in Canada and abroad. Payments Canada is actively involved in promoting harmonization of the ISO 20022 message usage for high-value payment … standard for high-value payments. Payments Canada will be listed within the charter as a supporting market …

… ISO 20022 will support the introduction of new financial products and services for consumers and … data such as purchase order details and invoice reference numbers traveling with each payment will allow for increased … and soundness of Canada’s payment systems while taking into account the interests of end users.In 2022, Payments …

… From our geographical size to the lean structure of our banking systems, Canada and Australia share many … around the world . Jo, you have been involved in a number of wholesale payments implementations around the … is going to get real-time delivery of payments between accounts using information they understand to identify a …

… Payments Canada is pleased to announce that Dougal Middleton of Scotiabank has accepted the role of chair on the Member Advisory Council (MAC). Dougal has … and the development of new technologies. For a complete listing of council members and to learn more about MAC, …

… OTTAWA - May 15, 2019 - In his keynote address, inventor of the World Wide Web, Sir Tim Berners-Lee, described his bold vision of data utopia and important industry announcements were … 1,700 people attending – a new record that is six times the number who came to the event just five years ago. As Justin …

… credit union for British Columbia and Ontario, and manager of the Group Clearer (comprised of Central 1 Credit Union, … industry testing and enhancing our business processes to account for real-time settlement within Lynx. We’re … data to travel with payments. Right now there are a number of Central 1 efforts underway to ensure that our …