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… Table 1). Major service providers include international card schemes, commercial banks and non-bank P2P payment … such as interlinkage of domestic payment systems, card networks, payment service providers (PSPs) and … for expanded access to its payment systems to include PSPs, credit union locals and the operators of designated …

… lost or stolen cash (22 per cent) Less convenient than cards (16 per cent) There are fewer bank branches or ATMs … (12 per cent) Feeling more ‘spend guilt’ using cash versus cards or digital payments (10 per cent) The research shows … Transactions that pass through these systems include debit card payments, pre-authorized debits, direct deposits, bill …

… modernization program, including implementing a new credit risk model for the country’s retail payment system …

… access to our systems to include payment service providers, credit union locals and operators of financial market … and core framework elements, including governance, scope, accreditation, common rules, and technical standards. …

… directly with a payee (the end user whose account is to be credited, such as a biller) that authorizes the payee to …

… neighbourhoods in some cities where local banks and credit unions have given way to high-cost, high-risk, fringe … products, services and opportunities. Canada deserves credit for being one of the most highly banked nations in … were in the mix. Responsibly expanding payment access to credit unions and emerging fintech players means consumers …

… in the U.S. in 2005 with the Network Branded Prepaid Card Association. The industry was just getting off the … Canada has witnessed an expansion of prepaid beyond gift cards into loyalty and incentive programs, corporate …

… Payments Canada today announced the selection of Mastercard’s Vocalink as the clearing and settlement solution … Department of Finance. The partnership will draw on Mastercard’s expertise, and its next-generation real-time payments … management standards for prominent payment systems.  “Mastercard’s Vocalink business is a demonstrated leader in the …

… (e.g. settlement risk, operational risk, liquidity risk, credit risk, contagion, etc.). This piece provides a summary … relate to the following: What types of risk (e.g. credit, liquidity, settlement, systemic, etc.) FMIs should … that de-tiering avoids concentration risk, avoids excess credit and/or liquidity risk between direct and indirect …

… inter-bank transactions, including those made with debit cards, pre-authorized debits, direct deposits, bill …