Search

… of distributing and managing physical cash. Account-based CBDC offerings would serve as a near costless medium … effectiveness and financial sector stability. “The case is based on new and evolving requirements for money, as well as …

… payments surpassed personal EFT (electronic funds transfer) based on volume.   1.06 billion e-transfers were sent in … and payment networks on an aggregated annual basis, based on actual payment instrument usage data. Survey …

… Canada for their 30 day review. Because our systems are designated under the Payments Clearing and Settlement Act , … the committee will review those responses and make changes based on that. We've even had times where a proposal has … to all things payments, visit our website payments.ca . And sign up for our newsletter, the Exchange, and be sure to …

… being able to pay using contactless methods. There was a significant drop in the proportion of Canadians who said … to virus transmission concerns also decreased. There was a significant drop in the proportion of Canadians who said … and store it in the cloud. The cloud is an internet-based secure network. Many payment apps use biometric or …

… ISO 20022, which will facilitate the transition from paper-based invoicing and cheques to digital processing for these …

… Act was released for public comment in September 2014. Based on the findings of this consultation, the Government …

… enable the Canadian economy to evolve. You are playing a significant role in support of introducing Canada’s new … can you share more about this role? The RTR is the first significant new payment rail to be added to the Canadian … commerce, food delivery, ride-sharing and subscription-based models to mention just a few of many use cases, the …

… competition in the payment industry. In 2021, we achieved significant steps toward broader access to Canada’s payments … updated Delivery Roadmap confirming the introduction of ISO-based messaging on Lynx in November 2022. We also announced … launch. Introducing a completely new payment system is a significant undertaking. The Real-Time Rail payment system …

… System. At the moment we are highly involved with the design and oversight of the governance structure required to … allow for a layer of innovation on top of our secure rule based systems and opening a whole set of possibilities is …