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30 Results from "Payments Canada"

/payments

EBAday 2020: Lack of technical understanding a challenge for ISO 20022 adoption

Despite being waist-deep in its transition toward ISO 20022, the migration strategies held by financial institutions and schemes are still riddled with complexities.

/payments

Vocalink wins Canadian clearing and settlement system contract

Mastercard's Vocalink has won the contract to build the clearing and settlement infrastructure for Canada's new real-time payments system.

/payments

Payments Canada publishes ISO 20022 messages for new high-value payments system

Payments Canada has announced the availability of ISO 20022 messages for Lynx, the country's new high-value payments system.

/retail

Canada updates debit rules to enable public transit payments

Payments Canada is bringing in a rule designed to enable broader point-of-sale debit card acceptance, paving the way for people to use their plastic for, among other things, public transit fares.

/payments

IBM wins bidding for new Canadian RTGS platform

IBM has been selected as the lead technology partner for Canada's new high-value payment system, Lynx.

/payments

SIA wins bidding to build Canada’s new high-value payments system

Italy's SIA has beaten out competition from Vocalink and CGI to win the right to build Canada's new core clearing and settlement system.

/payments

TMX and Bank of Canada conclude blockchain 'feasible' for securities settlement

Using distributed ledger technology for instantaneous clearing and settlement of securities is "feasible", Canada's central bank and biggest exchange operator have concluded in the wake of a proof-of-concept test.

/regulation

Canadian government to review merits of open banking

Canada's government is set to conduct a review into the merits of introducing an open banking regime which would give consumers the ability to share their financial data with third parties.

/payments

TMX, Bank of Canada and Payments Canada to run blockchain settlement tests

Payments Canada, the Bank of Canada and TMX Group have come together to experiment with an integrated securities and payment settlement platform based on distributed ledger technology.

/Sibos

Sibos 2017: Blockchain - reality or utopia

Sunny optimism faced off with hard-nosed pragmatism during an early Sibos session on blockchain in the cash and securities settlement space, as ConsenSys rep Monica Singer tried desperately to win over cynical bankers.

/retail

Canada publishes multi-year roadmap for payments overhaul

Payments Canada has gone into public consultation on far-reaching plans for a throughgoing overhaul of the nation's payments architecture and legal underpinnings.

/payments

Bank of Canada trials blockchain-based digital dollar

The Bank of Canada has been working with the country's biggest banks and the R3 consortium on a blockchain proof of concept that uses a digital fiat currency dubbed Cad-Coin.