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… the transfer of monetary value between banks. … Payments system …
… A disruption to the payments ecosystem that has a material impact on ecosystem service providers or end users as a group. … System risk …
… The failure of the payments ecosystem to ultimately settle on the books of the central bank. … Systemic risk …
… and internationally. Lynx, Canada's high-value payment system is used to send Canadian dollar wire transfers … You can consult the list of participants in the High-Value System and offer wire transfer services. If your financial …
… Analysis of 27 modern payment systems uncovers common features but varied paths to … by Payments Canada and the Bank of Canada exploring payment system modernization initiatives around the world reveals a … In keeping with its role to underpin the Canadian financial system and economy by providing safe, efficient and …
… Lynx was launched — Canada’s modernized high-value payment system. Lynx replaced the Large Value Transfer System (LVTS), which served as Canada’s high-value payment system for more than 20 years. The transition to the new …
… APIs, the greatest value exchange taking place on payment systems will be found in transactional data rather than the … place to protect the value chain of payments across the ecosystem. What is the most important lesson you’ve learned … that I learned through my career in implementing payment systems is that although the concept of payments is well …
… If a directive relates to the operation of a designated system, the Minister must consult with the Governor of the … responsibility for overseeing clearing and settlement systems for the purpose of controlling systemic risk or payment system risk. Lynx — Canada’s …