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… Canada released two new discussion papers today on the use of alternative modeling approaches in understanding core policy issues in the design of clearing and settlement systems. The issues explored in …
… (FES), the federal government committed to amendments of the Canadian Payments Act (CP Act). This is tremendous … on an entirely new payment system, the Real-Time Rail (RTR), which will exchange, clear and settle account to … high value payments as well, Lynx is appealing to them. By understanding the needs of these new membership categories, …
… Published: November 17, 2015 Given that implementation of the ISO 20022 standard will require investment from … in monetary terms. Quantifying the anticipated benefits of ISO 20022 adoption is, however, a challenge. As an … 20022 adoption will expedite cheque elimination in favour of lower cost electronic payments. …
… its latest discussion paper entitled, A computational model of the market microstructure of bilateral credit limits in payments systems and other … agent-based methods with machine learning to support understanding of participant behavior in a clearing and …
… (CBDC): Retail Considerations , the latest in a series of educational papers on CBDC . This paper explores the design considerations for implementation of a retail CBDC in the Canadian payments environment. A … Bank Digital Currency (CBDC) series aims to provide an understanding of a potential CBDC issuance in the Canadian …
… paper, Modelling and forecasting the volatility dynamics of payment transactions in Canada’s payment systems. In this … a weekly, monthly and quarterly basis to predict the degree of fluctuation in payment transactions cleared and settled in Canada’s payment systems. Understanding fluctuations in payment volume and value helps …
… around the world, the United Kingdom is in the midst of modernizing their national payments infrastructure. In … three to four years, the country expects to replace two of their major payments systems, amongst other changes. For … of years. While our plans for the introduction of a new RTR and access criteria are quite different than the U.K., …
… Plan for modernization, which includes the roll out of the ISO 20022 payment messaging standard across future … We had the chance to speak with Bill Piggot, Vice President of International Money Movement at ADP Canada Co, about what … to encourage adoption. For these groups, it is about understanding the benefits both on a micro basis for the …
… We also updated the Competition Bureau about the efforts of Payments Canada to modernize our systems and future-proof where possible. “As we modernize, it is important to us … burgeoning space as we promote the safety and soundness of our systems,” the submission to the Competition Bureau …
… Services at Payments Canada, Jonathan Dextras-Romagnino, VP of Banking at RBCx discuss the payments rail and understanding of Financial Institutions’ (FI) strategies. Payment …