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| 02451nam 2200337zi 4500 |
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| 001 | 9.888235 |
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| 003 | CaOODSP |
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| 005 | 20221107171930 |
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| 006 | m o d f |
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| 007 | cr cn||||||||| |
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| 008 | 200615t20202020onca ob f000 0 eng d |
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| 040 | |aCaOODSP|beng|erda|cCaOODSP |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-5/2020-24E-PDF |
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| 100 | 1 |aKosse, Anneke, |eauthor. |
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| 245 | 13|aAn economic perspective on payments migration / |cby Anneke Kosse, Zhentong Lu and Gabriel Xerri. |
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| 264 | 1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c2020. |
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| 264 | 4|c©2020 |
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| 300 | |a1 online resource (iii, 55 pages) : |billustrations (some colour). |
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| 336 | |atext|btxt|2rdacontent |
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| 337 | |acomputer|bc|2rdamedia |
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| 338 | |aonline resource|bcr|2rdacarrier |
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| 490 | 1 |aStaff working paper = Document de travail du personnel, |x1701-9397 ; |v2020-24 |
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| 500 | |a"Last updated: June 5, 2020." |
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| 504 | |aIncludes bibliographical references (pages 53-55). |
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| 520 | 3 |a"Canada is in the midst of developing three new core payment systems: Lynx, Settlement Optimization Engine (SOE) and Real-Time Rail (RTR). Lynx and SOE will replace the current Large Value Transfer System (LVTS) and Automated Clearing Settlement System (ACSS), whereas RTR will be a new capability. This paper examines the expected migration of ACSS and LVTS payments into RTR, SOE and Lynx. To that end we define a methodology for comparing the current and future payment instruments that end-users will be faced with in the new payments landscape. Similarly, we develop a method to assess the current and future payment systems from the perspective of banks. Based on this we estimate that a substantial portion of the current value of ACSS and LVTS payments might find its way to RTR due to changing end-user behaviour. Our analysis also suggests that banks might migrate a considerable amount of LVTS transactions to either SOE or RTR. The findings provide a good starting point for future research on the implications of the new payments infrastructure"--Abstract, page iii. |
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| 650 | 0|aElectronic funds transfers|zCanada. |
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| 650 | 6|aTransferts électroniques de fonds|zCanada. |
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| 710 | 2 |aBank of Canada, |eissuing body. |
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| 830 | #0|aStaff working paper (Bank of Canada)|v2020-24.|w(CaOODSP)9.806221 |
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| 856 | 40|qPDF|s759 KB|uhttps://publications.gc.ca/collections/collection_2020/banque-bank-canada/FB3-5-2020-24-eng.pdf |
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