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Business payments in Canada: a trilogy of surveys point to inefficiencies
… payment options, including wire, pre-authorized debit, direct credit, credit and debit card, and Interac … et al (2015) provide compelling evidence of the role of direct credits and pre-authorized debits in displacing … with market surveillance partners to engage businesses directly through a number of survey studies. 4  While the …
Indirect participant
… through an agency agreement (i.e., sponsorship) with a direct participant … Indirect participant …
New Report from Payments Canada, the Bank of Canada, TMX Group, Accenture and R3 Proves that Distributed Ledger Technology Can Enable Equity Settlement
… markets and for the Canadian economy.” John Lee, a managing director of Enterprise Innovation & Product Development at … narrative.”   Scott Hendry, Bank of Canada Senior Special Director, Financial Technology, said, “DLT is a promising … III, which shows that it’s possible to deliver payments by directly swapping cash from buyers to sellers. Phase III has …
Payments Canada calls for expanded membership eligibility
… seek to become members of Payments Canada and participate directly in our payments systems in order to compete with … may wish to access the high-value payments system to directly settle securities, derivatives and foreign exchange …
Bank of Canada prepares for Release Two of Lynx, Canada’s high-value payment system
… place in Canada over the coming years. Christian Bélisle , Director, Business Solutions and Support, and LoAn Le-Nguyen … as cross-border payments, the introduction of new types of direct participants in the various payment systems, the … payment system, should be an even greater step in this direction. We are honored to be a part of the transformation …
Data laws for the digital age
… expectations, and new market dynamics. The Payment Services Directive 2 (PSD2) and the General Data Protection … of, a person residing in the EU. The Payment Services Directive 2 Like the GDPR, the PSD2 is a legal modernization … to implement by January 2018, repeals the Payment Services Directive of 2007. It addresses the emergence of two new …