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… payments systems operating safely and securely, advanced efforts on both Lynx, our new high-value system, and the … and Settlement System (ACSS)/United States Bulk Exchange (USBE) system. We welcomed new leaders who led the transition … globally competitive in the digital payments ecosystem.   Download Payments Meets Purpose , the complete 2020 annual …

… A new rule that gives Direct Clearers access to ACSS/USBE outside of Canada went into effect on November 14, … generating reports. Rule C1 is based on an existing rule for cross-border arrangements on Lynx , Canada's high-value … criteria and application process already in place for Lynx. The new rule was drafted in consultation with the …

… partner. This refresh also includes the US Bulk Exchange (USBE), which runs parallel to the retail system.  The upgrades to the ACSS and USBE applications ensure the retail system continues to … payments Modernization initiative aimed at transforming Canada's payments ecosystem. About Canada’s retail …

… and improve efficiency in cross-border arrangements for both the Automated Clearing and Settlement System (ACSS) … (DCs) must receive written approval from Payments Canada before setting up their authorized personnel access to the ACSS/USBE application for cross-border arrangements. This …

… (PADs) are one of the most common ways that people pay for recurring services. They can be used to pay your … whether it’s your gym membership or an automatic withdrawal for your electricity or water bill, all a pre-authorized … (ACSS) and the United States Bulk Exchange application (USBE), is where the vast majority of Canada’s daily payments …

… While we at Payments Canada often think of risk quite formally – in terms of defined risk models for modern systems, for example – we know that people … System (ACSS) and will be considered for US Bulk Exchange (USBE) functions - will calculate multilateral net positions …

… and lessons learned from their payments modernization efforts. This includes productivity savings in relation to the … other organizations can benefit from modernized payments. Download the Case Study    |    Download the Companion Foreward  Payments Canada Research  …

… which includes the United States Bulk Exchange application (USBE). This announcement follows PTC’s declaration to change … changes in August 2020 that removed a volume requirement for direct participation in the ACSS. This change has opened … Canada. “We’re working to enhance payment experiences for Canadians through our Modernization program and other …