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… Payments Canada has published updated ISO 20022 message … The updated specifications will allow Lynx participants to prepare their existing applications to leverage the value … and improved transparency. Vendors who support Canada’s payments ecosystem can use the published messages to update …
… Payments Canada is pleased to offer its members a safe and secure platform to test Lynx … in advance of go-live. Lynx, Canada’s new high-value payments system, is set to launch in August, 2021. Members …
… Ten Canadian startups to compete for cash prizes at the Payments Canada SUMMIT in Toronto May 17, 2017, Ottawa: The Payments Canada SUMMIT will again play host to a competition …
… Jasper offers promise and challenges for the future of DLT TORONTO, May 25, 2017 – The Bank of Canada, along with Payments Canada, R3 and seven commercial banks, today … despite progress made, underpinning an entire wholesale payments system with DLT still faces many hurdles. While the …
… By Neville Arjani, Principal Research at Payments Canada The research team at Payments Canada has been deeply involved in Modernization since the outset and it has been interesting to study the various initiatives going on around the world …
… operation of Canada’s national payment systems. The Automated Clearing Settlement System (ACSS) and Lynx continue … in Canada’s payment systems is an important objective of Payments Canada’s Modernization program as this will lead to … budget without mention of amendments to the Canadian Payments Act required to support broader membership. Despite …
… success and efficiency of Canadian corporations is integral to the well-being of our economy. Part of that efficiency … hinges on a corporation’s ability to send and receive payments seamlessly. Canadian corporations have long … to accurately and efficiently reconcile incoming payments with the corresponding invoices or purchase orders. …
… ISO 20022 AFT on-boarding, registration and testing Payments Canada has developed the following five phases for … financial institutions’ adoption of ISO 20022 for Automated Funds Transfer (AFT). These phases are designed to ensure a smooth transition to the ISO 20022 Payments Standard and provide continued support throughout …
… As 2022 draws to a close, we continue to see the safe and sound operation … of consumers and businesses is crucial to informing Payments Canada’s strategy. We also recently published new … start of the global ISO 20022 migration for cross-border payments and reporting (CBPR+) from November 2022 to March …
… Published: September 17, 2015 The payments landscape in Canada is rapidly changing and will continue to evolve, fuelled by strong and persistent drivers. In Canada, the Canadian Payments Association (CPA) is on a path to modernize …