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De-tiering large value payment systems: The case of the Canadian LVTS
… Payments Canada has released its latest discussion paper, De-Tiering Large Value Payment Systems: The … direct participation, i.e. ‘de-tiering’ the system. However, it is not clear what impact de-tiering would have … tiered system. It then defines metrics to assess any risks from tiering or arising from de-tiering the payment system.  …
Payments Canada announces new Vice President, Payment Products
… Payments Canada is pleased to welcome Mark Kozicki as the new Vice … execution of the organization's new service offerings on existing systems and for emerging product and service … stakeholder relationships. Mark comes to Payments Canada from Citibank Canada, where he was Vice President, North …
Payments Canada welcomes new member to its Board of Directors
… Payments Canada is pleased to announce the appointment of Grant MacKenzie , … Payments Canada and the Board of Directors well during his term. In addition to Mr. MacKenzie’s appointment, Board … landscape. Stay up-to-date and informed on the latest from Payments Canada and from across the industry. Subscribe …
Johanne Duhaime
… Her drive to optimize processes and streamline work methods is only equalled by her desire to create dynamic teams … holds an executive master of business administration (EMBA) from the Université du Québec à Montreal and accreditation … of Canada. Johanne gives back to the community, as shown by her involvement with the Canadian Red Cross as …
Introducing more benefits for end users and delivering more data - Lloyds Banking Group’s Otto Benz on the U.K.’s approach to modernizing payments
… Like many countries around the world, the United Kingdom is in the midst of modernizing their national payments … U.K. payments infrastructure will be refreshed - creating massive opportunities to all kinds of end users. … volume and the proportion of real-time is still quite low.  However, it’s definitely moved to a place where if you want …
Update on implementation timing of Lynx Release Two
… should Swift decide to delay the global implementation of ISO 20022.  On October 27, 2022, Swift officially announced their decision to reschedule from November 2022 to March 2023. As noted in the … Rule amendments will come into effect on November 20, 2022. However, the amendments related to the use of payment …
Central Bank issued digital currencies: a global trend
… DISCLAIMER: Articles are written to reflect the interests and … Canada statement or position. Summary 1    A Central Bank issued Digital Currency (CBDC) is essentially like a … the 2020 World Economic Forum in Davos with announcements from Japan, South Korea, Hong Kong, UK, Switzerland, …