Search results
… 75 per cent of Canadians spending less than pre-pandemic; 62 per cent using less cash; 42 per cent avoid shopping at places that don’t accept contactless payments. OTTAWA, … online/mobile banking, and lower demand for cash. Overall, 75 per cent of Canadians reported they …
… people honoured our 40-year history as they kept Canada’s national payments systems operating safely and securely, advanced efforts on both Lynx, our new high-value system, and the … the transition to working from home. The health and safety of our people remained a top priority. We introduced new …
… Research by Payments Canada and the Bank of Canada has shown that countries around the world are making innovative changes to their systems to pave the way for faster payments. As Payments Canada moves forward with …
… Payments Canada has published updated ISO 20022 message specifications for Lynx, Canada’s new high-value payment system. The … prepare their existing applications to leverage the value of the ISO 20022 messaging standard. This includes access to …
… Bank of Canada and the Canadian Payments Association Workshop on the Modelling and Simulation of Payments … in payments systems. The workshop aims to provide a forum discuss recent research and spur the development of …
… The first quarter of 2022 saw the continued seamless operation of Canada’s national payment systems. The Automated … the broader functioning of the Canadian financial system. For those of you new to this system, I encourage you to …
… validation service (MVS) supports the introduction and use of data-rich ISO 20022 messages across the High-value … system (RTR) . The MVS will reduce message-related risk for both Lynx and RTR ISO 20022 implementation, allow for testing future updates and contribute to a better onboarding experience for system participants. The MVS will …
… are written to reflect the interests and views of the author(s), and are not intended as an official Payments Canada statement or position. Summary The usage of mobile … also provide mobile-friendly banking and payments services for consumers, capitalizing on their predictive analytics. …
… Payments Canada is pleased to offer its members a safe and secure platform to test Lynx APIs through its API Developer Portal . …
… Currency (CBDC): The Fundamentals , the first in a series of educational papers on CBDC. The fundamentals paper explores the motivations for CBDC issuance in Canada and outlines the differences …