Search results
… . This consultation sought feedback from the payment ecosystems on the following aspects of the proposed guidelines: … (PSPs) to consider the risk management standards set by the systems they participate in when creating their frameworks, … Canada or eligibility of a PSP to participate in its systems, Payments Canada suggests close collaboration and …
… turning to, happens within — not outside — the regulatory system. This will encourage financial stability and protect … level. Introduction Canadians depend on Canada’s payment systems to purchase goods and services, make financial … funds from one person to another. Safe, secure payment systems are fundamental to keeping the Canadian economy …
… happens within — and not outside — the regulated financial system. In addition, Payments Canada recommends the Bank of … registration status for those PSPs that may become future system participants once membership eligibility is expanded. … in Payments Canada and access to Canada’s payment systems, which will drive competition and safe, regulated …
… for innovation and collaboration across the ecosystem.” The SUMMIT allows participants to connect and … a leading role to play in evolving the global payments ecosystem, and how this transformation will impact us as a … organization that owns and operates Canada’s payments systems, the Large Value Transfer System (LVTS) and the …
… organization that owns and operates Canada’s payment systems, the Large Value Transfer System (LVTS) and the Automated Clearing and Settlement System (ACSS). Payments Canada is responsible for the …
… well toward the launch of Lynx, our new high-value payments system, establishing a new real-time payments system, and the introduction of smarter, data-rich payments … our activities to enhance our retail batch payments system. The Modernization program is refined and updated as …
… revised launch timing for the Real-Time Rail (RTR) payment system. An extension in the delivery date (or ‘go-live … test the components and end-to-end integration of the RTR system. We recognize that there will be impacts for the payment ecosystem in Canada. Our members, regulators, stakeholders and …
… quite formally – in terms of defined risk models for modern systems, for example – we know that people identify with … , we committed to aligning our new or modernized systems with global regulatory and risk management … For Lynx , Canada’s new core clearing and settlement system, that means the adoption of a Real-time Gross …
… we are the single largest user of their faster payment system. This was one of the first real-time systems to launch in the world, so there is a lot to learn … would just shift volume from the batch processing system to the real-time system, but actually, the new rail …
… a new direct clearer on Payments Canada's retail batch system, the Automated Clearing Settlement System (ACSS). Read PTC’s full statement . In August 2020, … No. 3 - Payment Items and the Automated Clearing Settlement System . This amendment removed the 0.5 per cent volume …