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… Canada announced the launch of the second release of Lynx, Canada’s high-value payment system. This follows the successful launch of Lynx in August 2021, replacing the Large Value Transfer … for the physical infrastructure and the associated bylaws, rules, and standards that support these systems. It also has …

… based on an existing rule for cross-border arrangements on Lynx , Canada's high-value payment system. Changes were made … criteria and application process already in place for Lynx. The new rule was drafted in consultation with the … auditor. For a comprehensive list of all of Payments Canada rules, and to learn more about the process around the …

… Payments Canada launched Lynx, Canada’s new high-value payment system in summer 2021. … organization is gearing up to implement a second release of Lynx in late 2022 which will introduce ISO 20022 with the implementation of the Lynx MX payment messages. This implementation will assist …

… 2022, Payments Canada successfully deployed the MX code to Lynx , Canada’s high-value payment system. This is the … introduce the ISO 20022 financial messaging standard to the Lynx system in support of release two in March 2023.  During deployment, the Lynx MX code was activated and tested with Lynx participants …

… with Payments Canada and the broader ecosystem to bring Lynx, Canada’s new high-value payments system, to life in 2021. Peter also talks about his role as co-chair of the Lynx Management Committee (LMC) in partnership with Lori … and oversight to support the design and delivery of Lynx.  How is CIBC preparing for Lynx? CIBC is ensuring its …

… terminology clarifications, particularly in reference to Lynx and the Automated Clearing Settlement System (ACSS) . Payments Canada additionally seeks to ensure that Lynx throughput targets are accurately reflected and … infrastructure, including associated systems, by-laws, rules and standards. In fulfilling its mandate as defined in …

… Modernization program is to enhance the framework of rules and by-laws to ensure they remain relevant, reflect … of the by-law for Canada’s new high-value payments system, Lynx. Payments Canada seeks to support broad financial … institution member eligibility to participate directly in Lynx, without compromising the safety and soundness of the …

… The Automated Clearing Settlement System (ACSS) and Lynx continue to operate smoothly and, so far this quarter, … up to implement ISO 20022 this year. In collaboration with Lynx participants, our partners (IBM and Nexi), and the Bank … test is underway. The legal framework (which includes the rules and by-laws) are essential to ensuring the smooth …

… in Canada. In partnership with our members and regulators, Lynx was launched — Canada’s modernized high-value payment system. Lynx replaced the Large Value Transfer System (LVTS), which … Vocalink. In addition, progress was made in the many new rules and bylaws that must be developed to facilitate the …