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… contagion, and would be less likely to affect the Canadian financial system and economy. … National retail payment …
… and electronic; drawn on CDN or U.S. dollar accounts at financial institutions domiciled in Canada) are cleared. … of retail batch payments must occur. Specific participant financial institutions, referred to as direct clearers , … well as for customers that maintain accounts at the other financial institutions, known as indirect clearers. Direct …
… Payments Canada Scott Hendry , Senior Special Director – Financial Technology, Bank of Canada John Velissarios , …
… D+H Canada John McKenzie, Chief Operating Officer & Chief Financial Officer, Canadian Depository for Securities Ltd. …
… to have immediate authorization by a user’s (payor) financial institution. While a key driver behind the …
… are informed by ongoing consultation with our member financial institutions, key stakeholders and regulators. …
… Lynx is an electronic wire system used by participating financial institutions to safely send wire payments on …
… and Payment Product Risk, Operational Resilience and Financial Risk Management and Regulatory Oversight, with the …
… of Canada’s payment infrastructure, and work with member financial institutions to develop, maintain, and enhance the …
… has developed the following five phases for participant financial institutions’ adoption of ISO 20022 for automated … 3. Testing as required for ACSS direct clearers only: Inter-Financial Institution Testing is the final step before …