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… the last day of operations for the Large Value Transfer System on Friday, April 29, 2022. Implemented on Thursday, … 4, 1999, the LVTS has served as Canada’s high-value payment system for over 22 years. In Planning an Evolution: The … LVTS was the first model of its kind in the world, a hybrid system that combined the benefits of the two main models for …

… 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 …

… No. 3 - Payment Items and the Automated Clearing Settlement System is amended, removing the 0.5 per cent volume … requirement for direct participation in the retail payments system -  the Automated Clearing Settlement System (ACSS) -  by member financial institutions. This …

… years where he helped develop the plan for a new payments system, which should be operational by the second half of … journey, lessons learned and how Canada’s payments ecosystem differs.   What are some of the features of Australia’s new payments system? It will provide for near real-time payments between …

… a major transformation – replacing its core banking system. Payments Canada had the opportunity to speak with … venture, and why the industry must align on core payments system Modernization.   Q: ATB replaced its back office system a few years ago. Since then, you have been …

… technology that underpins Canada’s retail batch payments system , also known as the Automated Clearing Settlement System (ACSS), in collaboration with IBM Canada, our … US Bulk Exchange (USBE), which runs parallel to the retail system.  The upgrades to the ACSS and USBE applications …