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… If you’re interested in learning more about the current and future state of the Canadian payments landscape and the latest …
… of bill payments to cybersecurity protections and the future of open banking, to more sustainable and inclusive … In each of the nine themes, speakers discussed many of the future innovation opportunities emerging, which made for … to the batch payment system, the inclusion of the Retail Payments Oversight Framework in the 2021 federal …
… a refresh to the technology that underpins Canada’s retail batch payments system , also known as the Automated … the US Bulk Exchange (USBE), which runs parallel to the retail system. The upgrades to the ACSS and USBE applications ensure the retail system continues to remain safe, sound and efficient …
… Canada has published Central Bank Digital Currency (CBDC): Retail Considerations , the latest in a series of … explores the design considerations for implementation of a retail CBDC in the Canadian payments environment. A retail CBDC is aimed to take on traditional attributes of …
… to provide input on regulations that will support the Retail Payment Activities Act (RPAA) , which were published … on the proposed regulations are due March 28, 2023. The Retail Payment Activities Regulations support the Retail Payment Activities Act (RPAA), a new legislative …
… and settlement infrastructure, including associated retail and high-value systems, bylaws, rules, procedures and standards. … Canada’s retail batch payment system is made of up of the Automated Clearing Settlement System (ACSS) and United States Bulk Exchange application (USBE). … Lynx is used by …
… a result of the growing need for a contactless experience. Retail and food services leaned on QR codes as a solution … 8 In fact, since the pandemic started, 45% of Canadians stated that they were using their mobile wallet more than … that accept payment formats in the same equipment. 17 The future of QR code-enabled payments in Canada The future of …