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… The introduction of ISO 20022 to the Lynx system as part of Release Two will set the … reflect or represent those from the Bank of Canada. How is Bank of Canada preparing for the second release of … system. Our own payment business is quite limited as we only send or receive a few payments where we are either the …

… study findings: 31 per cent of Canadians use cash for day-to-day purchases.   49 per cent believe Canadian stores will … member. Nearly one in four (37 per cent) are using cash not only to make day-to-day payments but also hold on to it for … open banking, there’s no doubt we’ll see further shifts in how Canadians choose to pay and get paid. But for now, …

… Budget, released Tuesday, March 22, includes measures to enhance the financial consumer protection framework, the … five-year financial industry legislation review/sunset clause provisions. However CPA is subject to review under our own legislation‎ …

… Celebrating 40 years of the Automated Clearing Settlement System   AUTHOR Samantha Whynot … notable example is the 2020 technology refresh , which not only reinforced the system's safety and reliability but also … using your mobile device, you may not stop to think about how the money moves from one bank to another. My team thinks …

… their national payments infrastructure. In the next three to four years, the country expects to replace two of their … volume and the proportion of real-time is still quite low.  However, it’s definitely moved to a place where if you want … doesn’t make it a platform for innovation. I believe, it’s only when you automate it and digitize it and actually add …

… Modernization since the outset and it has been interesting to study the various initiatives going on around the world … core clearing and settlement system, and, in particular, how to strike an appropriate balance between efficiency and … that, instead of having to fund each payment individually, only funds equal to participants’ net obligation amounts …

… have a higher rate of payment fraud (20 per cent) compared to Canadian consumers (13 per cent), reveals new Payments … businesses who report that they feel confident in knowing how to protect themselves against payment fraud and … information about the business they share online and only provide it when required. Over two-thirds of businesses …