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… wire system that facilitates the transfer of high-value payments between participating financial institutions in real-time with finality of payment and settlement. … Lynx …
… As a Business Analyst at Payments Canada, Jeff is responsible for analyzing and developing educational material for the Canadian payments ecosystem and conducting research in support of payments modernization initiatives. His research interests …
… for an institution to use the services of a particular payment system to exchange, clear and/or settle payments on its own account or for customers … Access …
… Expedited Retail Payment Systems are retail payment systems that are integrated into core payment systems, which have direct central bank involvement …
… Faster Payment System, the ERPS established in the UK … FPS …
… A digital representation of the front and back of a payment item. … Image …
… Payment Systems Directive, issued by the European Commission …
… that meets the applicable access criteria to access a payment system directly (without sponsorship or agency agreement with other bank/payment services provider) … Direct participant …
… Senior Deputy Governor of the Bank of Canada, at the Payments Canada SUMMIT in 2016. The pilot’s initial two … a variety of industry players including the Bank of Canada, Payments Canada, R3, and Canada’s seven largest commercial banks. Late last year, Payments Canada, the Bank of Canada, TMX Group and Accenture …
… A three digit number, assigned by Payments Canada, which can be used on payment items to identify a member financial institution or …