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… the interests and views of the author(s), and are not intended as an official Payments Canada statement or position. With the righ t upgrades to Canada’s payments scene, we can lift the fence around billion-dollar bills on the sidewalk.1 Late last year, Prime Minister Justin Trudeau …

… effort to introduce ISO 20022 — an international standard designed to simplify global business communication — for payments in Canada. ISO 20022 provides consistent, rich and structured data that can be used … months, ISO 20022 has reached significant milestones worldwide, including its successful implementation in Canada (Lynx) …

… the interests and views of the author(s), and are not intended as an official Payments Canada statement or position. … services. This pace will accelerate in coming years as developments in digital ID, security, data and privacy, user … payments through Near-Field Communication (NFC) can be made by card or phone, remote payments may be made on a laptop …

… (NYSE: ACN) and R3 have published Jasper Phase III  demonstrating the feasibility of clearing and settlement of … by building and testing a proof-of-concept (POC) system designed to be integrated with existing market … cash were brought on ledger through the issuance of digital depository receipts (DDRs) by the Canadian Depository for …

… to wash their hands after handling cash. Canadians are divided on embracing digital currency; 36 per cent find a … while 30 per cent do not. Key motivators to use cash include speed (38 per cent); widely accepted (38 per cent); ability to use own funds rather …

… payment behaviour: The prevalence of fraud and cyber incidents impact the payment preferences and behaviours for more … significantly more likely than middle-aged (35-54) and older Canadians (over 55) to have recently experienced … their victims into making payments or sharing personal details under false pretences. Often, fraudsters pose as a …