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… high-value payment system, in partnership with our members and regulators. Lynx replaced the Large Value Transfer … captured in the Roadmap include the Automated Clearing and Settlement System (ACSS), advances made to support broader access and major announcements around the Real-Time Rail, the new system that will provide 24/7/365 …

… By Jan Pilbauer, Executive Director, Modernization and CIO and Antoinette Leung, Director, Regulatory … and settlement system, that means the adoption of a Real-time Gross Settlement (RTGS) design and a cover-all … changes. We are also developing a risk model for the new Real-Time Rail, Canada’s faster payments clearing …

… was the clear theme of 2019 as we continued to prepare for and implement new payments systems. The report captures our achievements, activities and the significant strides made in our Modernization … and solidified strong industry partnerships and advanced on Real-Time Rail with our members and partners. We delivered …

… see the launch of two new payments systems: Lynx in 2021 and the Real-Time Rail (RTR) in 2022. Lynx will modernize Canada’s high-value clearing and settlement system ( Large Value Transfer System ) with …

… Payments Canada commends the government, the Bank of Canada and their stakeholders for the effort and collaboration in developing this regulatory framework. … payments to thrive in Canada, including the forthcoming Real-Time Rail . …

… As the central credit union for British Columbia and Ontario, and manager of the Group Clearer (comprised of … testing and enhancing our business processes to account for real-time settlement within Lynx. We’re also updating our … FIs in Canada. This new system will allow us to provide real-time credit decisions across our products. It will also …

… consultation sought views on how legislation, regulations and policies should respond to emerging financial sector … integrity of Canada’s financial sector. Innovations such as real-time payments, digital wallets and consumer-driven … push payment (APP) fraud APP fraud is a growing concern in real-time payments. APP fraud occurs when a payor is …

… Dan Kelly is President and Chief Executive Officer of the Canadian Federation of … decades. I am excited by the opportunities provided by the Real-Time Rail (RTR) payment system work that is happening … to compare their financing options. As outlined earlier, real-time payment systems have the potential to impact small …

… to leverage the value of the ISO 20022 messaging standard. This includes access to enhanced remittance data, support for global interoperability, and improved transparency. Vendors who support Canada’s … (LVTS) and process large value, time-critical payments with real-time settlement finality. ISO 20022 messaging will be …