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… Payments Canada is working to modernize Canada’s payment systems. … Modernization is a multi-year Payments Canada initiative to modernize the systems and rules that are essential to Canada’s payment ecosystem. Working with our financial institution members, …
… Payment items through the Automated Clearing Settlement System (ACSS) Annual statistics (2015-2023) Payment item … These statistics are accumulated through the ACSS reporting system. The direct clearers are responsible for entering the … based on the number of items delivered through the clearing system. For official purposes under our bylaws, such as the …
… best describe Payments Canada’s role within the payment ecosystem? Tracey Black (TB): The Canadian economy depends on … that owns and operates Canada’s national payment systems and ensures that financial transactions are cleared … value of payments cleared and settled by Payments Canada’s systems was approximately $119 trillion, or more than $475 …
… opportunity of expanding membership to Canada’s payments systems and how ongoing efforts to update existing payments … modernization agenda, expanding membership to payment systems is a key component for payments innovation and … if you're holding them. Jason Young: And make certain disclosures, as yet unknown. But certain disclosures to …
… core policy issues in the design of clearing and settlement systems. The issues explored in the papers include system access, cost efficiency, and counterparty risk and … the financial cycle. “While core questions around payments system design may not change much over time, the approaches …
… 2016/05/bank-canada-designates-automated-clearing-settlement-system/] that the Canadian Payment Association’s (CPA) “retail” payments system, the Automated Clearing Settlement System (ACSS), has been designated a Prominent Payment …
… Lynx, in the context of where Canada’s high-value payment system has come from and where it is going? Mike Hoganson … Canada released the Vision for the Canadian Payments Ecosystem. To support the long-term growth of Canada’s economy … Vision was the introduction of a new high-value payment system. Planning for this new system began in 2017, in …