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… rules that will enhance automated funds transfer, a type of payment commonly associated with employee payroll and … Canadian payments,” said Gerry Gaetz, President & CEO of Payments Canada. “Canada’s ambitious payments … electronically at the same time rather than issuing cheques one by one. The payment type also allows for the use …

… ON – (April 25, 2016) - Today, Canada joins a growing list of countries that have adopted ISO 20022, an important first step in the modernization of Canada’s payment system. ISO 20022 is a global standard … high as $4.5 billion over five years from the reduction in cheque volume alone. In 2015, nearly one billion cheques …

… Payments Canada, the Bank of Canada, financial innovation firm R3 Lab and Research … in partnership with the private sector. During Phase 1 of the project, a DLT prototype was built to investigate the use of central bank-issued digital receipts in lieu of cash to …

… the series focused on the Canadian context, while the third offers a global perspective. The series aims to provide an understanding of a potential CBDC issuance in Canada, along with an exploration of the potential economic and social implications. It also …

… Payments Canada asked Victoria Cleland the Bank of England’s Executive Director for Banking, Payments and … payments in the United Kingdom and the projected value of using the ISO 20022 messaging standard, which is planned … industry? The new RTGS system will deliver a wide range of benefits for the payments industry and the UK more …