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… High Value Payment Systems; a set of instruments and procedures that facilitates typically …
… systems characterized by bilateral exchanges made outside of a central system, and the separate entry of batch totals into a separate clearing system. … Decentralized …
… bilateral exchanges made outside of a central system, and the separate entry of batch totals into the clearing system to support settlement … Batch Total Entry Systems …
… Principles for Financial Market Infrastructures – the global risk standards established by the CPSS/CPMI and IOSCO for regulating payment and security …
… Payments accompanied by a paper remittance (bill stub), MICR-encoded with a CCIN, for credit to a business, generally initiated via an ABM or branch of a …
… Public Policy Objectives – The public policy objectives for Payments Canada are to promote the efficiency, safety and soundness of its …