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… paper that promotes conversation about credit risk in the Automated Clearing Settlement System (ACSS), which isn’t … System (ACSS), examined the magnitude of credit exposure when a Direct Clearer defaults. It also demonstrated that … potential defaults, Neville found that the largest exposure was more than $500 million for one participant. For a large …
… tips and tricks to help you and your loved ones remain safe when you’re online. How can you stay connected? Follow the CPA on Twitter and hashtags #CyberTalk and #CyberAware throughout the month. Visit the Government of Canada’s Get Cyber Safe …
… The CPA supports the introduction of new payment methods and … and customer RDCduplication. Internal bank duplication When duplicates originate within the banking system. This … large file containing many image transactions twice. Fraud When fraudsters intentionally create duplicates. For …
… OTTAWA, June 11, 2018 – Payments Canada, the country’s financial market infrastructure for payments, … of payments cleared by Payments Canada’s systems in 2017 was approximately $50 trillion or $200 billion every … business day. These encompass a wide range of payments made by Canadians and businesses involving inter-bank …
… As a public purpose organization, Payments Canada welcomed the opportunity to provide feedback on the Department of Finance Canada’s consultation on the … of the Canadian Payments Act. In 2015, the Government made several changes to the Canadian Payments Act to reform …
… OTTAWA, December 17, 2020 - Payments Canada, the country’s financial market infrastructure for payments, … Vice President of Enterprise Payments. In this capacity, he was responsible for the development of payments strategies … each business day. These encompass a wide range of payments made by Canadians and businesses involving inter-bank …
… At the beginning of February, Payments Canada hosted the first … of 2023. I thoroughly enjoy hosting these webinars and it was fantastic to speak with colleagues from Swift, TD Bank … and each other: “What problem are we trying to solve?” When I think about this question and what it really means …
… Canada’s largest financial institutions teamed up with authentication provider SecureKey to roll out an innovative … guys find weakness. For example, the Samsung Iris Scanner was meant to be impenetrable by hackers, but was bypassed … will see customers getting alerts on their mobile device when a utility provider, like a cable company, needs to …
… In life and business we know that “risk” refers to the uncertainty that surrounds future events and outcomes. … What risk means from a payments Modernization perspective When it comes to payments Modernization there are two … are risks that we must be prepared to manage and mitigate when the changes associated with payments Modernization go …
… latest discussion paper, Testing for omitted variables in the diffusion matrix of a multivariate diffusion process … in nowcasting. This research has been developed to detect the potential misspecification of the volatility in a … time-series model that could result in spurious forecasts when using such models. High dimensional time-series models …