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… of money , and the potential need for a central bank digital currency, otherwise known as CBDC. Today, the Bank of Canada, which serves as Canada’s central bank, is building the capability to issue a digital version …
… efforts at the iGTB Oxford School of Transaction Banking on May 16, 2024. Learn more …
… underwent a major transformation – replacing its core banking system. Payments Canada had the opportunity to speak … But, our legacy systems were restrictive and we needed a banking platform that could move payments faster for … we are now two years into our journey to fully digitize the bank. We’ve been able to do that by leveraging the …
… twenty dollar bills, and the fact that we both print our bank notes in Canada. We’re also both on a payments … Governor and Chief Financial Officer for the Reserve Bank of New Zealand, about his country’s new payments … to life. As a starter, can you explain what the Reserve Bank of New Zealand is and its core areas of responsibility …
… year’s joint research symposium, Payments Canada and the Bank of Canada are inviting central bank and academic researchers with interest and expertise in … closing remarks from Timothy Lane, Deputy Governor of the Bank of Canada, and Tracey Black, President and CEO of …
… Payments Canada has published Central Bank Digital Currency (CBDC): Retail Considerations , the … be used by financial institutions). The concept of central bank digital currencies (CBDC) has been a topic in the payments ecosystem for some time1 for interbank payments as well as everyday transactions. Around the …
… CBDC continues to be a priority for central banks worldwide. In Central Bank Digital Currency (CBDC): Wholesale CBDC Global … is the fourth installment in Payments Canada’s Central Bank Digital Currency (CBDC) educational series and is an …
… Central banks around the world have taken an interest in CBDC for … financial inclusion to eliminating cash use. In Central Bank Digital Currency (CBDC): Retail CBDC Global … paper is the third installment in Payments Canada’s Central Bank Digital Currency (CBDC) educational series. The first …
… the payments landscape around the world, such as open banking. In January 2019, the Department of Finance … paper, entitled A Review into the Merits of Open Banking outlining the opportunities that open banking presents for Canadians, but also the risks and …
… for using ISO 20022 messages between corporates and banks for Lynx payments. These guidelines can be referred to … ISO 20022 messages pertaining to Lynx payments between banks and their corporate clients. The guidelines are … to be in alignment with both the Lynx ISO 20022 interbank messages and global best practices. In March 2023, …