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… payment items (duplicates) in the cheque imaging world, and how the CPA opened industry dialogue on this issue in Canada. In Part 2 , we shared lessons learned from the U.S. … that accept cheques as payment. But the BEA was written long before cheque cashing stores became commonplace and RDC …

… Whether it’s to pay for a phone service, water, gas or property taxes, bill … part of the day-to-day financial life of people living in Canada, their businesses and financial institutions (FIs). … be before the payment deadline. What is often overlooked is how bill payments travel from the bank account of the payor …

… feedback on the impact of potential amendments to Payments Canada's bill payment framework on Canadians, financial … Payments Canada is seeking input on proposed changes to how bill payment remittances are processed through the … electronic data submitted to the Payor's FI by the payor along with payment and which itself becomes a credit item …

… the author(s), and are not intended as an official Payments Canada statement or position. Summary  With cross-border … to be placed on cross-border payment activities and how the ecosystem is evolving and finding efficiencies with … events in broader securities and derivatives markets may no longer require such infrastructure. Indeed the instantaneous …

… Payments Canada has published updated ISO 20022 message specifications for Lynx, Canada’s new high-value payment system. … real-time settlement finality. ISO 20022 messaging will be supported in release two of Lynx. The ISO 20022 message …

… In the cheque imaging world, duplicate payment items (duplicates) are risky … essential to maximizing the benefits of cheque imaging for Canadians. In Part 2 we shared lessons learned from the U.S. … current Canadian framework for dealing with duplicates, and how these affect financial institutions (FIs) and their …