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… Payments Canada asked Victoria Cleland the Bank of England’s Executive Director for Banking, … Resilience to talk about the impact that a new generation Real‐Time Gross Settlement (RTGS) system will have on  … of the Bank’s payment system services, including the UK’s Real‐Time Gross Settlement infrastructure (RTGS), CHAPS – …

…   Author Lisa Sattler Director of Policy and Government Relations With 20 years of experience in … of our systems. The third piece is Canada’s forthcoming Real-Time Rail (RTR), a new national real-time payment system that will initiate data-rich …

… access to a broad range of affordable, innovative and consumer-focused services meet their banking needs. … businesses and consumers. The introduction of the Real-Time Rail (RTR) will also increase competition by … and competition in the financial sector. Q5.3) How could Real-Time Rail support competition in the financial sector? …

… of where Canada’s high-value payment system has come from and where it is going? Mike Hoganson (MH): In 2016, Payments … payments. When we embarked on the modernisation journey, we realised that Canada’s payment systems could and should be … institutions that use it have access to key metrics in real-time, as well as databases that underpin historical …

… Canada submitted a response to the House of Commons Standing Committee on Finance (FINA) as part of its 2024 … over 27 trillion dollars, and work continued on the Real-Time Rail (RTR) payment system program. Payments Canada … fully committed to delivering a safe, secure and efficient real-time payment system for Canada. Education and …

… on proposed changes to OSFI’s liquidity monitoring tools and requirements based on lessons learned from recent … adequacy. The response also highlights the forthcoming Real-Time Rail payment system (RTR) , should it need to be … these monitoring tools. Payments Canada will be launching a real-time payment system, the Real-Time Rail (RTR). 7 This …

… the Bank of Canada, TMX Group, Accenture (NYSE: ACN) and R3 have published Jasper Phase III  demonstrating the feasibility of clearing and settlement of securities using distributed ledger … data products and other services to the global financial community. TMX Group is headquartered in Toronto and …

… has submitted a written response to the House of Commons Standing Committee on Finance (FINA) as part of its 2023 … the recommendation to amend the Canadian Payments Act to expand Payments Canada’s membership eligibility to local credit … ecosystem. For Canadians and Canadian businesses to realize the full benefits of payments modernization, …