Search results
… System . With the launch of Lynx, Canada’s new high-value payments system, on the horizon we caught up with Steve Faust, Associate Vice President of Payments Modernization at Central 1, to ask him … work he and his team are doing in support. How is Central 1 preparing for the launch of Lynx? With Central 1 being one …
… depends on the exchange of billions of dollars each day. At Payments Canada, it’s our job to ensure that these financial … with our members and regulators. This ensures we’re prepared in the event of an emergency. Recurring committee … only used MT (Message Type) messages. This implementation represented the start of a coexistence phase where MX messages …
… Payments Canada welcomes four new and three returning … Head of Payments & Partnerships, Paypal Canada Phil Hogg , President, Worldpay Canada Corporation Khadir Ahmed , Vice President, Canada Payment Operations, ADP Canada Returning …
… views of the author(s), and are not intended as an official Payments Canada statement or position. Summary These are … this -- payments must stay current to support the needs and preferences of commerce and society at large. This past … total payment transactions globally, Bitcoin still only represents a rounding error at most. Notwithstanding, one …
… ACSS Rules Amendments to the ACSS Rules in support of the Representative arrangements for Point-of-Service (POS) Payment … notification of change requirements related to ACSS/USBE Authorized Personnel for Cross-Border Arrangements. May 12, … information related to procedures for the use of settling payments using Lynx Web Client. May 12, 2023 July 11, 2023 …
… Assessing how an organization needs to respond to and prepare for an extraordinary situation takes strong business continuity planning. So how is the payments industry responding to COVID-19? Peter Dodic, Chief Risk Officer at Payments Canada, and Sonia Baxendale, President and CEO of the Global Risk Institute in Financial …
… Building on it’s earlier pilot project , Payments Canada is pleased to announce the beta launch of … of its first APIs. The portal provides access to Payments Canada sandbox APIs, allowing developers the … the developer portal sandbox environment. For designated authorized users, access will be given to production APIs …
… Canadians still use close to a billion cheques each year. … Pre-authorized debits (PADs) are a convenient way to pay bills and make other payments automatically. Instead of sending a payment, a …
… views of the author(s), and are not intended as an official Payments Canada statement or position. Summary This piece … interdependencies within the financial system can be represented as financial networks – broadly understood as a … systems and other financial market infrastructures. More precisely, discussed below are a number of considerations …
… By Andrew McCormack, Senior Director, Technology, Payments Canada. It’s hard to ignore the buzz around … The defining feature of distributed ledgers is that authorized parties can share identical versions of the data … Meaning that we’ll need to walk before we can run. At Payments Canada, the journey began in March 2016 with the …