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… transforming the way we think about the payment experience today. The ability to have a common payment standard that …

… “Payment systems and infrastructure that we’re building today will serve as a platform for continued innovation. As …

… time. With the MT messages (the message format used by Lynx today, and previously by the Large Value Transfer System), … remittance information now available in their payments and statements, banks will take an even more central role in …

… for bill payments cleared via the ACSS. 3. Best practice statement to address inconsistent value-dating Overview of … this value-dating requirement does not apply to them unless stated in their proprietary agreements with FIs. As a … It is proposed that Payments Canada develop a best practice statement that encourages all FIs to include a provision in …

… rather than for payment purposes. OTTAWA, October 5, 2023 – Today, Payments Canada released its annual Canadian Payment …

… members of Payments Canada, as defined in the legislation today, are regulated by OSFI.   At a date yet to be …

… and are not intended as an official Payments Canada statement or position. Summary This piece provides a summary … Canada, these are presently LVTS and ACSS and at target state, Lynx, SOE, and RTR (hereafter, the Systems). 2 This …