Search results
… businesses/corporates, banks or other entities to support exchange, clearing and settlement services … Payment service providers …
… an optimal clearing policy to minimize the total cost of settlement in relation to the value and time needed to clear settlement obligations. The model can be used by Payments … to assess and mitigate potential risks during clearing and settlement processes on an ongoing basis. …
… before issuing the directive. The Payment Clearing and Settlement Act assigns the Bank of Canada responsibility for overseeing clearing and settlement systems for the purpose of controlling systemic … important under this Act and the Automated Clearing Settlement System (ACSS) has been designated a prominent …
… with payroll. The potential business benefits of a third-exchange window and two-hour funds availability -- two …
… priority, record number of attendees came together to exchange views and ideas about the sector’s rapid …
… with the move from deferred netting to a real-time gross settlement system. The same-day settlement solution will further reduce the risk involved … of Canada. In addition, a greater reliance on pre-funded settlement in real time will also result in financial …
… a report demonstrating the feasibility of clearing and settlement of securities using distributed ledger technology … to experiment with an integrated securities and payment settlement platform based on DLT. Whereas previous phases of Project Jasper focused on the clearing and settlement of high-value interbank cash payments using DLT, …
… has been on the design of Lynx, our new core clearing and settlement system, and, in particular, how to strike an … of the Bank of Canada, Lynx will adopt a real-time gross settlement (RTGS) model. While this model eliminates settlement risk between system participants, it is also …
… the perspective of a business or a consumer, either one, we exchange billions of dollars each day and increasingly … and innovation likely inhibited. At a foundational or a transactional level, payments are an important banking … and inclusivity to Payments Canada and the clearing and settlement system for our membership and more broadly for …