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… DISCLAIMER: Articles are written to reflect the interests and … This raises questions of systemic problems such as what happens if either bank B or C fail or how does the … banks A or D impact the viability of banks B or C? This is what tiering risk attempts to determine from the perspective …
… What is the Canadian Payments Act ? The Canadian Payment Act (CP Act) is the legislation that sets out Payments Canada’s role and responsibilities. It also determines what types of organizations are eligible to be Payments …
… Published: February 25, 2020 Payments Canada has released its latest discussion paper, Shallow or deep? Detecting anomalous flows … would help the operator to get a better understanding of what is happening in its payment system. The sooner …
… Canada’s 2018 annual report, Modernization in Motion , is now available. The report captures the significant … our roadmap was passed -- implementing the interim Credit Risk Model -- followed by enhancements to Automated Funds … economy stronger by always striving to lead the world in what we do. We remain confident that, with our members, …
… Payments Canada has released its latest discussion paper, De-Tiering Large Value Payment Systems: The … the causes of high tiering can vary across countries and jurisdictions, the general consensus in the current principles … i.e. ‘de-tiering’ the system. However, it is not clear what impact de-tiering would have on the topology of payment …
… *This article was originally published in Financial IT’s 2023 … bank, so Payments Canada’s role and arrangement are somewhat unique. Our mandate is defined by legislation, the … needs of Canadians and Canadian businesses. Financial IT: What are some of the payment trends shaping Canada’s payment …
… situation takes strong business continuity planning. So how is the payments industry responding to COVID-19? Peter … program did detect COVID in early 2020 so we were aware of what could be coming before it became a top risk for us. We … have likely made more than a few habits over the last few months, and I think not handling cash is likely one of them. …
… To learn about how J.P. Morgan is supporting Canada’s payments Modernization journey, … payments systems work but also provide a perspective on what worked well and what could be done differently. Our ability to tap into a …
… Canada is at a competitive disadvantage because we do not yet have … companies bring to the financial services industry. But what about paytech? payments technology, and the potential … were 80 applications on iPhone, android, etc. within a month of open banking being launched in India. That's an …
… Today, Payments Canada published the 2021 Delivery Roadmap Update . The publication … summarizes program progress in the past year, along with what is planned next in the delivery of modern payments in …