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… Bank of New Zealand, about his country’s new payments systems and the importance of standardization and industry … including the N.Z. Dollar Real Time Gross Settlement (RTGS) system which handles 12,000 payments a day, and the … I understand New Zealand recently introduced a new payments system. Can you share more details? Like many …
… address more equitable and efficient access to the payments system. As advances in technology and payments started to … establish and operate a national clearings and settlements system and plan the evolution of the national payments system. That mandate was taken seriously and since then we …
… representing diverse perspectives: A modern payment system must be fast, flexible and secure, promote innovation … findings, outlined in Vision for the Canadian Payments Ecosystem , are the result of a CPA-led consultative process … In keeping with its role to underpin the Canadian financial system and economy by providing safe, efficient and …
… and participate in Payments Canada’s governance and systems. We chat with Joshua Lerner, Manager of Policy and … major players and have an important voice in the payment ecosystem in Canada. Could you elaborate on that? JL: Credit … have accessed Payments Canada’s clearing and settlement systems. For decades, credit unions have worked with their …
… . This consultation sought feedback from the payment ecosystems on the following aspects of the proposed guidelines: … (PSPs) to consider the risk management standards set by the systems they participate in when creating their frameworks, … Canada or eligibility of a PSP to participate in its systems, Payments Canada suggests close collaboration and …
… turning to, happens within — not outside — the regulatory system. This will encourage financial stability and protect … level. Introduction Canadians depend on Canada’s payment systems to purchase goods and services, make financial … funds from one person to another. Safe, secure payment systems are fundamental to keeping the Canadian economy …
… happens within — and not outside — the regulated financial system. In addition, Payments Canada recommends the Bank of … registration status for those PSPs that may become future system participants once membership eligibility is expanded. … in Payments Canada and access to Canada’s payment systems, which will drive competition and safe, regulated …
… for innovation and collaboration across the ecosystem.” The SUMMIT allows participants to connect and … a leading role to play in evolving the global payments ecosystem, and how this transformation will impact us as a … organization that owns and operates Canada’s payments systems, the Large Value Transfer System (LVTS) and the …
… organization that owns and operates Canada’s payment systems, the Large Value Transfer System (LVTS) and the Automated Clearing and Settlement System (ACSS). Payments Canada is responsible for the …
… well toward the launch of Lynx, our new high-value payments system, establishing a new real-time payments system, and the introduction of smarter, data-rich payments … our activities to enhance our retail batch payments system. The Modernization program is refined and updated as …