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… continued seamless operation of Canada’s national payment systems. The Automated Clearing Settlement System (ACSS) and Lynx continue to operate smoothly, and this past quarter our systems cleared and settled over two billion transactions …
… our number one priority: the safety and soundness of our systems and our people. We supported our people through … pandemic, and delivered Lynx, Canada’s high-value payment system, which replaced the LVTS. In 2021, Payments Canada’s systems cleared and settled over $135 trillion — more than …
… of the Canadian economy and inclusive payments and payment systems play a pivotal role. Elizabeth Mulholland, Chief … Payments are a critical part of the financial ecosystem, particularly digital payments, which open up … other vulnerable groups are fully included in the payment system and that effective rules and regulatory frameworks …
… responsibility for overseeing clearing and settlement systems for the purpose of controlling systemic risk and payment system risk. Lynx has been … in enhanced oversight by the Bank of Canada. The Lynx Disclosure and the ACSS Disclosure offer Payments Canada …
… joint letter calling for broader access to Canada’s payment systems. Payments Canada has engaged a diverse coalition of … the introduction of new participants in Canada's payment system, and provide greater choice for Canadians and … enable modernized, risk-based access to Payments Canada’s systems. Canada is at an inflection point in the evolution …
… Canadians with secure, efficient, and resilient payment systems, and laying the foundation for continued innovation. … Payments Canada has made in modernizing the payment ecosystem in Canada and positioning the organization for the … Canada has worked collaboratively with the payment ecosystem to innovate payment systems and rules to benefit …
… Project Jasper, an experimental wholesale interbank payment system, using digital ledger technology (DLT) – the backbone … progress made, underpinning an entire wholesale payments system with DLT still faces many hurdles. While the project … “The bottom line is that a stand-alone DLT wholesale system is unlikely to match the efficiency and net benefits …
… AUTHOR Alyson Larocque Manager of High-Value Payment Systems Operations Alyson plays a key role in supporting the day-to-day operations of Canada’s high-value payment system, Lynx. The safety and soundness of Lynx is her top … to a stronger foundation for the Canadian payment ecosystem. The Canadian economy depends on the exchange of …
… financial institution legislation and the management of systemic risk in Canada’s capital markets. The budget … Act. They will reaffirm the Government’s intent to have a system of exclusive rules to ensure an efficient national banking system from coast to coast to coast. The Government will …
… in the safe and efficient operation of Canada’s payment systems. We are a public purpose, non-profit organization, … the safety, soundness and efficiency of Canada’s payment system, taking into account the interests of users. Payments … and settlement infrastructure, including associated systems, by-laws, rules and standards, which underpin the …