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… of Canada’s high-value payment system, Lynx. The safety and soundness of Lynx is her top priority. Alyson is also … moves high-value, time-critical Canadian dollar payments between participating financial institutions in Canada. On … international standard designed to simplify global business communication by providing a common set of payment messages …

… DISCLAIMER: Articles are written to reflect the interests and views of the author(s), and are not intended as an … For instance, contactless payments through Near-Field Communication (NFC) can be made by card or phone, remote … of sensitive activities. The phone is the rosetta stone between the real and digital worlds. 2. Multi-factor …

… DISCLAIMER: Articles are written to reflect the interests and views of the author(s), and are not intended as an … the payment do not share a common ledger and transactions between the two countries involve a series of intermediary … payments, reliance on multiple intermediaries, time zone differences and subsequent varying operation hours between …

… the effort to introduce ISO 20022 — an international standard designed to simplify global business communication — for payments in Canada. ISO 20022 provides consistent, rich and structured data that can be used for electronic funds …

… Canada has submitted its response to Innovation, Science and Economic Development Canada (ISED) public consultation … This will enable consumers to easily compare and switch between different payment providers, while being informed … international standard designed to simplify global business communication. The standard enables efficient payment …

… New research shows that since the onset of the COVID-19 pandemic, Canadian businesses and consumers appear to have … Reported financial loss related to payment fraud differs between B2B and B2C fraud Of those businesses that … personal or financial information, being mindful of communication from potential impersonators, remaining …

… Key study findings: Unauthorized transactions (38 per cent) and impersonator contact (34 per cent) are the most frequent … of Canadians struggle with knowing what payment-related communications they receive are legitimate. Among Canadians … About the study 1,500 Canadians were interviewed online between February 26 and March 8, 2024, using Leger’s online …