Search results
… Payments Canada has a long, proven history of providing the payment infrastructure that allows … Canadians to get their money where it needs to be. We do this with Canadians top of mind: ensuring their payments are … changes is the widespread support they have garnered from players across the Canadian financial ecosystem. Banks, …
… Payments Act to expand Payments Canada’s membership. This support was previously expressed through various … way that reflects the level of safety and security expected from Canada’s financial system, we need to modernize the … strides in introducing new and innovative concepts. However, there are still some elements hindering the overall …
… Lynx ISO 20022 message specifications The following ISO 20022 message specifications for Lynx , Canada’s new … accepts no responsibility for any consequence arising from the use of these documents. The documents are subject …
… infrastructure for payments, welcomed Carolyn Burke, François Desjardins, Garry Foster, and Ernie Johannson to its … directors bring an impressive and diverse range of expertise in technology, transformation and payments that will … (seven independent directors and five directors selected from Payments Canada’s vast network of financial …
… an internationally recognized payment messaging standard - ISO 20022. The CPA today released a discussion paper outlining new research into the quantifiable … could be as high as $4.5 billion over five years simply from the elimination of cheques. In 2014, nearly one billion …
… Modernization program. Her leadership, deep payments expertise and industry relationships have driven the program … great confidence in Payments Canada’s ability to deliver this critical program.” Prior to joining Payments Canada, … vision and direction for the future and transitioned us from planning to execution. Tracey takes the helm with the …
… System (ACSS) and Lynx continue to operate smoothly, and this past quarter our systems cleared and settled over two … Since its launch in 2021 , Lynx has met expectations and is running flawlessly. System availability is at 99.91% and … phase is on track and we are now less than 50 days away from pre-integration testing. This will be the first time …
… Payments Canada is leading the effort to introduce ISO 20022 — an international standard designed to simplify … institutions (FIs) stand to gain comprehensive insights from the richer data provided by ISO 20022 messages. The …
… of Directors , and oversight responsibilities of the Minister of Finance. Under the Act, CPA by-laws that relate to the administration of the CPA may be approved by the Board. All other … payment system, so we’re also subject to oversight from the Governor of the Bank of Canada for the Lynx and …
… services for end-to-end delivery and system operations. This involves delivering security expertise, supporting the new system launch, including the cutover from Canada’s current Large Value Transfer System to Lynx, …