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… Analysis of 27 modern payment systems uncovers common features but varied paths to … modernization initiatives involved: Adding a new real-time retail system, not necessarily accompanied by real-time … Canada: Payments Canada ensures that financial transactions in Canada are carried out safely and securely each …

… saw the continued seamless operation of Canada’s national payment systems. The Automated Clearing Settlement System … our systems cleared and settled over two billion transactions valued at more than $31 trillion.   March marked six … standard will allow for more data to travel with each payment. This data can be leveraged to provide improved …

… Payments Canada, its regulators and member financial … unrelated to the exchange technology components, are impacting the launch date of the RTR. To understand and … of the RTR. During this review period, vendor delivery activities will continue while Payments Canada will suspend …

… the financial consumer protection framework, the Bank Act, federal financial institution legislation and the … of federally regulated banks. Amendments to the Bank Act will be proposed to modernize the financial consumer … enhancing consumer protection through a new chapter in the Act. They will reaffirm the Government’s intent to have a …

… Payments Canada has responded to the Office of the Privacy … including cross border transfers. In its response, Payments Canada details its concerns to OPC’s proposed policy position, noting the significant impacts on the payments industry that the proposed changes …