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Payments Canada, the Bank of Canada, TMX Group, Accenture and R3 Demonstrate Feasibility of Instantaneous Equity Settlement through Distributed Ledger Technology
… payments in a way that has never been done before – by directly swapping cash from buyers to sellers, resulting in … and cash in their basic forms,” said John Lee, managing director, Enterprise Innovation & Product Development, TMX … Canada; John Lee of TMX Group; Scott Hendry, senior special director of Financial Technology at the Bank of Canada; and …
Canada experiences rebound in transaction volume and value in 2021
… code to interact with their customers and suppliers (e.g., directing customers to a landing page/website or social … now represent 86% of all transactions,” said Jon Purther, Director of Market Insights, Payments Canada. “Canadians' … systems include debit card payments, pre-authorized debits, direct deposits, bill payments, wire payments and cheques …
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 …
Payments Canada Elects Four New Board Directors
… Garry Foster, and Ernie Johannson to its Board of Directors, effective June 22, 2017. The new directors bring an impressive and diverse range of expertise … that will complement the work underway by the Board of Directors and Payments Canada to modernize the payments …