Posts Tagged ‘Bank of Canada’
New BIS Innovation Hub in Toronto to focus on Open Finance
Open Finance is one of six “priority themes” identified by the Bank for International Settlements Innovation Hub.
Read MoreFDATA North America issues response to Bank of Canada’s RPAA consultation
Implementation of the Retail Payment Activities Act regulations will establish a robust regulatory framework for 2,500 PSPs, according to FDATA North America.
Read MoreExpansion of Payments Canada membership eligibility announced in Fall Economic Statement
Payments Canada said it “applauds the inclusion of changes to the Canadian Payments Act” which is designed to enhance Canadians’ payment security.
Read MoreWealthsimple prepares to join Interac e-transfer service
Canadian financial services company Wealthsimple will become the first securities dealer to join the service.
Read MoreBank of Canada consults public on digital dollar design
The online consultation, which runs until June 19, asks Canadians what features of a digital dollar are most important to them.
Read MoreTurkey’s central bank conducts first Digital Lira payment transactions
In other central bank digital currency news, the Federal Reserve Bank of Boston’s joint research effort with the Massachusetts Institute of Technology (MIT) into a potential CBDC has come to an end.
Read MorePayments Canada appoints Tata Consultancy Services as integration lead for new payment system
TCS will work on ensuring delivery of Canada’s Real-Time Rail, which is due to launch in mid-2023.
Read MoreBank of Canada and MIT collaborate on CBDC research project
The central bank will work with the MIT Media Lab’s Digital Currency Initiative to explore a potential CBDC.
Read MorePayments Canada launches new high-value payment system
Lynx has been developed with technology partners IBM and SIA, and overseen by the Bank of Canada.
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