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… rules, standards and procedure documents are integral parts of the legal framework of the national payment systems that Payments Canada is legislated … settled via our payment systems. This includes requirements for participation in a payment system or scheme, procedures …
… key elements: growth; progress; advancement; and reconciliation. Budget 2018 includes specific measures relevant to … legislative amendments that support our Modernization efforts, to investments in cybersecurity, which is in line … The objectives are to maintain the critical services of the FMI, promote financial stability and reduce potential …
… Payments Canada would like to recognize the following organizations that have become members over the past few years. Motus Bank (January 10, 2019) Peoples Bank of Canada (October 16, 2019) The Manufacturers Life … Actionnaires Canadiens Inc. (December 2, 2021) For 2022, Payments Canada has 111 members including banks, …
… ISO 20022 messages for the Real-Time Rail (RTR), Canada’s new real-time payment … Payments Canada’s ISO 20022 Resource Centre . These specifications will allow RTR participants to prepare their existing applications to leverage the value of the ISO 20022 messaging standard at RTR go-live. Vendors …
… CBDC continues to be a priority for central banks worldwide. In Central Bank Digital … Switzerland, and a co-issued CBDC in the United Arab Emirates and Saudi Arabia. This paper is the fourth installment … focused on the Canadian context, while the third and fourth offer global perspectives and developments in CBDC. The …
… banks around the world have taken an interest in CBDC for different reasons, ranging from raising financial inclusion to eliminating cash use. In Central Bank Digital Currency (CBDC): … the series focused on the Canadian context, while the third offers a global perspective. The series aims to provide an …
… Application programming interfaces (APIs) are the fastest-growing, … by enabling new digital products and business models for services and creating new business channel … it faster and easier to access the data and functionality of some of our services, to further enable and connect the …
… persistent drivers. In Canada, the Canadian Payments Association (CPA) is on a path to modernize Canada’s core payment … translates the government’s public policy objectives (PPOs) for the broad payments ecosystem into desired outcomes for … a taxonomy for clearly describing the defining attributes of a payment system. These defining attributes are access, …
… Plan We are working to ensure the accessibility of our systems, services, and environments, in order to remove identified barriers for people with disabilities and provide an inclusive … and future employees and members. In doing so, we are dedicated to actively collaborating with people with disabilities …
… Central Bank Digital Currency (CBDC): Retail Considerations , the latest in a series of educational papers on CBDC . This paper explores the design considerations for implementation of a retail CBDC in the Canadian payments …