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… The minimum conditions that an entity would need to satisfy in order to participate directly (or indirectly) in a payment system. Access criteria may differ depending on what role the entity will perform as a participant in the …
… payments ecosystem. Due to the scope of the program and the number of participants involved, Payments Canada sought to … with a company that could provide in-depth payments expertise, along with change-management and program-management … initiative. “The payments Modernization program for Canada is multifaceted, requiring a high level of engagement from …
… with our many partners including members, regulators, advisory councils and industry stakeholders. Broader access is a key driver in the modernization of Canada’s payment … know, Payments Canada’s approach is very different from a number of other countries. Decisions were made at the onset, …
… The language of payments is standardizing through the gradual adoption of the ISO … the language of payments. This is happening for a number of reasons that are compelling to Canadian businesses … their eyes glaze over as soon as you start with ISO part. What is it, and why is it so important? Mike Sigal: Well, …
… DISCLAIMER: Articles are written to reflect the interests and … statement or position. Summary In March and April of this year, we have seen record values pass through the LVTS … well-being of Canadians during this difficult time.” LVTS numbers at a glance In late March and the first half of …
… the resiliency of its systems, made great strides on its mission to facilitate payments innovation and set the stage … milestones included aligning the industry on the revised roadmap and target state , building capacity of the … as an influencer with the financial ecosystem. What propels us forward is the collective ambition to …
… Automated Funds Transfer - two-hour funds availability - is now live. What this means is that, subject to some exceptions, payees will …
… innovation and development are happening on a near daily basis. To learn about this progress and the future change necessary to evolve within … of how the payments industry functions as a whole, and what is next to come for the future of payments. Apply Today! …
… Payments Canada has published its 2019 annual report, Delivering Payments … across our service offerings, from initiatives to support ISO 20022 to API development to addressing the rising … economy stronger by always striving to lead the world in what we do. Together, with our members, partners and …
… Payments Canada has published Central Bank Digital Currency (CBDC): Retail … , the latest in a series of educational papers on CBDC . This paper explores the design considerations for … settle daily obligations through adjustments to digital accounts they hold at central banks.2 However, interest in …