Remove Message Standards Remove Real Time Gross Settlement (RTGS) Remove Real Time Payments
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Real Time Heats Up In B2B, While Blockchain Gains Traction

PYMNTS

As Canada gears up to launch its real-time payments system, the Real-Time Rail (RTR), Payments Canada , the entity at the head of the initiative, has announced that Mastercard -owned Vocalink has been chosen as the clearing and settlement solution provider for the new payment rail.

B2B
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EU Parliament Eyes New Rules On Cross-Border Payment Fees

PYMNTS

In Canada, Payments Canada said on Wednesday (Feb. 20) that it has selected SIA as the application provider of the country’s high-value payments system known as Lynx. The site noted that Lynx will replace Canada’s current Large Value Transfer System, and will be based on the global ISO 20022 messaging standard.