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… about the Real-Time Rail. I mentioned that working together would be a key driver for the delivery of this … you want to go fast, go alone. If you want to go far, go together.” We’re choosing the latter. Through extensive … and will enable more data to travel with each payment. When the launch is completed, the RTR will have a run rate …
… Activities Act (RPAA) was included in the 2021 federal budget with support from the Department of Finance; and the … been ambitious since its inception - with the original target date set for 2020. We are taking the time needed to make … of other countries. Decisions were made at the onset, when the Vision was launched, to take full advantage of …
… is needed to ensure we, as an industry, are working together to make payments safer, smarter and easier. We … regime, a commitment to introduce legislation through Budget 2024 to establish a consumer-driven banking framework, … priorities is a prime example of what we can accomplish when we pull in the same direction. It also represents an …
… When a payment item is drawn on one financial institution …
… ISO 20022 messages. 4. Implementation This stage is when registrants exchange ISO 20022 AFT messages with one or …
… example of instant payments and non-bank access working together in practice. When access was granted more broadly, the total number of …
… An Automated Clearing Settlement System (ACSS) holiday is when the system is not operational. (Saturday, Sunday and …
… safety, efficiency and meeting the interests of Canadians. “When we set out to modernize Canada’s clearing and …
… security and resiliency standards Canada is known for.” When it comes to cash, it seems the legacy payment option …
… direct clearer in the system’s history. A day in the life When you pay a hydro bill online, receive a paycheck … and stakeholders. I love knowing the work we do together allows Canadians to send and receive payments without …