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… participants will be able to choose between participating directly or indirectly in the settlement of their payments. … The … members … The Real-Time Rail public policies have been directed by the Bank of Canada and the Department of Finance …
… (ACSS), examined the magnitude of credit exposure when a Direct Clearer defaults. It also demonstrated that credit risk exists in the ACSS – it‘s embedded directly into the rules of the system, Neville Arjani, the … excited that we are doing research that will provide ACSS direct clearers with the information they need to manage …
… , about becoming a Payments Canada member, being granted a direct settlement account at the Bank of Canada and what the … is an important catalyst for getting us there. Having direct access to payment infrastructure is critical to … meantime, we’re excited to see what other opportunities our direct settlement account will present. Things like …
… ISO20022@payments.ca for more information. In the case of indirect clearers, Payments Canada encourages them to discuss … the first formal step of the on-boarding process where the direct or indirect clearer formally acknowledges their intention to …
… advice to Payments Canada’s management team and Board of Directors on key elements of the future of payments, and … the interests of member financial institutions that directly or indirectly participate in at least one of Canada’s payments …
… the executive team, Shawn will contribute to the strategic direction and leadership of Payments Canada. “Shawn has made … systems include debit card payments, pre-authorized debits, direct deposits, bill payments, wire payments and cheques …
… Mercier, Lib Gibson and Malcolm Knight to its Board of Directors, effective June 21, 2018. Adding to a roster of … the organization’s business priorities. The re-elected directors to Payments Canada’s Board include: Eileen Mercier — Board Chair and Independent Director. A professional director, including Chair of the …
… such as the calculation of members' dues, voting rights and direct clearer criteria, the total volume of payment items …
… As Director, Head of Product Management, Treasury and Trade … changes like ISO20022, which are coming for Canadian wires. Direct Lynx participation simplifies our architecture and … to support payments in Canada. Looking forward, Citi’s direct connection to Lynx’s high-value payment …