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… of Lynx Release Two and what this change means for the Bank of Canada. Disclaimer: the views and opinions expressed … and do not necessarily reflect or represent those from the Bank of Canada. How is Bank of Canada preparing for the … from the first one. While the first release mainly impacted our central banking functions, i.e., collateral …

… 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 … for furthering the discussion around CBDC and its impact on the payments industry. Download paper …

… this growth with faster, secure, data-rich payments and act as a platform for the introduction of new payment …

… straight-through processing, optimize reconciliation activities and minimize duplication and rework Environmental … use the ISO 20022 financial messaging standard for all transactions. The RTR will also act as a platform for innovation, allowing for the …

… advocating for regulatory changes to the Canadian Payments Act alongside ecosystem members and stakeholders. We …

… terminals has catapulted a shift towards digital and contactless payment preferences. We are also seeing increases in … slightly from 37% six months prior. 38% are using online banking more than pre-pandemic.   68% are using ATMs less … cyber crime risks, 66% of Canadians feel protected by their bank, credit union, and/or credit card provider when it …

… customers. Since 2021, we’ve been rolling out PRESTO Contactless (credit and debit payments), the world’s first real-time mass transit transaction open payment solution, across transit agencies in the … and equity in public transit. In 2021, the Retail Payment Activities Act (RPAA) was approved by Parliament to regulate …