Search results
… to transfer funds both domestically and internationally. Lynx, Canada's high-value payment system is used to send … financial institutions (FIs) across the country. Lynx is also used for the Canadian leg of international wire transfers. Lynx wire transfers are supported by a strong legal …
… Joshua Lerner, Payments Canada’s Manager of Lynx and Emerging Policy will deliver an update on Payments …
… based on an existing rule for cross-border arrangements on Lynx , Canada's high-value payment system. Changes were made … criteria and application process already in place for Lynx. The new rule was drafted in consultation with the …
… year, the Automated Clearing Settlement System (ACSS) and Lynx have cleared and settled over 9.1 billion transactions … data centre to further strengthen the resilience of Lynx . This additional site provides supplementary resilience to support the continuity of Lynx operations should an extreme event occur. In November, …
… seamless. In Singapore, great strides have been made to launch a cross-border QR code payment. In March 2023, Singapore officially launched a cross-border QR code payment linkage with … Obille Miles Obille is an Analyst at Payments Canada on the Lynx and Emerging team supporting various policy projects. …
… (PFMI), as outlined by the Bank of Canada. For Lynx , Canada’s new core clearing and settlement system, … what liquidity savings mechanisms (LSMs) can be built into Lynx, so that only payments that are sent for immediate … members. It is important to recognize that we are designing Lynx for the future and many aspects can change over time, …
… and future liquidity savings mechanisms implemented in Lynx, Canada’s high-value payment system to assess and …
… volume and value from the Large Value Transfer System ( Lynx’s predecessor) and the Automated Clearing Settlement …
… and payment providers evaluating these new options and launching new payment products in their market? As the pace …
… institution member eligibility to participate directly in Lynx are examples of our efforts to effectively accommodate … important milestone next year is the implementation of the Lynx financial framework and the coordination and support … risk prominent payment system (PPS) standards through the Lynx self-assessment process, across the organization. From …