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… As 2022 draws to a close, we continue to see the safe and sound operation … Lynx participants, our partners (IBM and Nexi), and the Bank of Canada, we successfully deployed the technology … needed to introduce ISO 20022 to Lynx, as planned. However, after extensive consultation with our members, to …

… reveals that small businesses want the payments industry to continue evolving OTTAWA, ON, March 15, 2018 – Small … real-time payments, giving small businesses more choice in how they make their payments, and the adoption of the ISO … payments made by Canadians and businesses involving inter-bank transactions, including those made with debit cards, …

… as outlined in our Roadmap & High-Level Plan , enhancements to Automated Funds Transfer (AFT) – or batch payments - will … around the world, support the changing needs of our central bank, help our businesses compete on the global stage and … others user of the payments system - to review and consider how these important changes will benefit their organization, …

… demographics driving much of this change. From the use of automatic and invisible payments to the popularity of apps for … group is more likely to choose an online retailer based on how easy it is to checkout (73 per cent compared to 58 per … include: More than a quarter (29%) are in favour of open banking (compared to 17% average).   Three-in-five (61%) …

… of Alberta, SaskCentral and Credit Union Central Manitoba), Central 1 settles billions of dollars in Canadian … him about the work he and his team are doing in support. How is Central 1 preparing for the launch of Lynx?  … and services, are compliant with Payments Canada and Bank of Canada requirements. What is Central 1 doing to help …

… and affordable economy, which aligns with our statutory mandate. However, we are disappointed that amendments to the Canadian … of financial market infrastructures designated by the Bank of Canada. To gain membership, these entities would …

… highlights:  Digital payments represented 86 per cent of total payment volume and 75 per cent of total payment value. … sales, up 5.5 per cent year-over-year. Prepaid cards showed the greatest growth in transaction value among cards. … cent); online transfer (six per cent); cheque, automated banking machine (ABM) and prepaid cards (all at two per …

… Payments Canada has submitted its response to Innovation, Science and Economic Development Canada … the proliferation of electronic funds transfers and digital banking. This is changing, but slowly. Consistent with the … in the payment system, better reflecting the diversity of how Canadians save and spend. They are critical for the …