Search

… our geographical size to the lean structure of our banking systems, Canada and Australia share many similarities. We … infrastructure for about 26 years, beginning with the CHAPS system in the UK in the early 90s. I moved around the world … processing 24x7 and settling as netted values using RTGS systems. With NPP, we’ve designed it to settle payments …

… and regulatory change is already underway: payment system modernization and the federal government’s work on … It doesn’t make sense to have 20 competing payment systems, just as it doesn’t make sense to have 20 competing … costs are naturally very high in the case of a payment system. While there has been some entry by new players in …

… payments data of Canadians. Most notable to the payments ecosystem is the government’s proposed functional, risk-based … broader, risk-based access to Canada’s retail payments ecosystem, an objective of Canada’s payments Modernization … Bank of Canada - is a welcome addition to Canada’s payments systems governance.” Payments Canada is currently leading …

… this activity is Canada’s  Large Value Transfer System .  With the launch of Lynx, Canada’s new high-value payments system, on the horizon we caught up with Steve Faust, … — with the help of my team — is to ensure that our internal systems are ready for migration from Canada’s Large Value …

… Citi’s onboarding to Lynx , Canada’s new high-value payment system. We sat down with him to learn about the experience, … simplifies our architecture and enables us to deploy systems that are already used for high-value payments in … institution. How does Lynx compare to high-value payment systems that Citi participates in other jurisdictions? The …

… proposals outlined in the Canada’s New Real-Time Payment System Policy Framework consultation paper .  The public … the Real-Time Rail (RTR), Canada’s new real-time payment system, and identified topics where additional information … must not compromise the security and resilience of the RTR system. Strong support for the Canadian government’s …

… July 6, 2015 On July 2, 2015, the Large Value Transfer System (LVTS) settled 56,553 payments, which is a new peak …

… overall resilience of Lynx , Canada’s high-value payment system. Lynx is an electronic wire system used by participating financial institutions to … in Canadian dollars. Designated by the Bank of Canada as a systemically important payment system under the Payment …

… December 17, 2018 The Vision for the Canadian Payments Ecosystem identified eight needs of a modern payments system, including the need for open and risk-based access to foster competition and innovation in the ecosystem.  Payments Canada is seeking feedback on the …