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… months of Lynx operations, it’s clear that the proactive change management routines put in place – such as modeling … ISO 20022 significantly improves the quality of data exchanged across the payment ecosystem by enabling key data, … and domestic payment rails is a fundamental game-changer for how we execute payments. It sets the stage to …
… systems - the technology and rules that support the exchange of hundreds of billions of dollars every day in … the full benefits of payments modernization, regulatory changes are required. To date, the federal regulatory … step is for the Government of Canada to introduce required changes to the Canadian Payments Act to support broader …
… and the ecosystem, and recognized the accelerated pace of change driven by the pandemic. These themes were explored … of payments and why real-time payments will be a game-changer for Canadians and the industry. The themes from day … of June and her closing remarks will reflect on the massive change in payments over her tenure and what the next chapter …
… These two pieces of legislation are also drivers of change in their own right, giving individuals greater … jurisdictions looking to keep pace with rapid technological change, modernized laws like the PSD2 and the GDPR are … under their respective data privacy regimes. What has changed? These legislative initiatives are in response to …
… to payments processes so an ERP is prepared to accept changes prompted by payments modernization. It also … global companies could implement in order to execute the changes. From a Canadian perspective, the case study reveals … with payroll. The potential business benefits of a third-exchange window and two-hour funds availability -- two recent …
… But innovations over the past decade, including major changes in mobile, AI, security, and the emergence of blockchain technology, have completely changed that. The payment experience is becoming more …
… words like “deferred net settlement” and “bilateral exchange” and “liquidity savings mechanisms,” I am coming to … and we are inspired by the innovations these broader changes have enabled. In the UK, for example, Pingit / Paym … research that Canadians are excited about this kind of change. In fact, 66 per cent of Canadians are willing to …
… Canadian market. In your role, you’ve seen a great deal of change in payments around the world. How does Lynx compare … community to build on this foundation to continue to drive change for the better for the Canadian ecosystem in the … industry does not only view ISO 20022 as a mandatory change, but looks to enable the important business benefits …