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… data consistently to this global data definition. As an example, the ISO 20022 standard defines the term of ‘Debtor’ … networks using a common message. ISO has provided the examples of these messages and the data to be included using … that humans can read and understand. The problem with these example message schemas is that they cannot be utilized so …

… market maturity, also play a role. Economies of scope, for example, have allowed banks to respond to competitive … public policy objectives. During the financial crisis, for example, most regulators around the world emphasised … allowing them to transact. Uber doesn’t own any cabs, for example, but it connects people who want to provide taxi …

… risk implications that are not obvious at face value. For example, can de-tiering give rise to greater liquidity and … liquidity pressures on the direct participant. Imagine for example that a given indirect is systemically important to … costs and barriers to direct participation 3 . For example, Liquidity Costs arising from central bank rules on …

… and circumstances that call for different responses. For example, authorities can pursue data-sharing initiatives … useful clarifications with regard to this intersection. For example, it is of the view that the provisions of the PSD2 … clear how robust this prohibition may be in practice. For example, might a clever service provider circumvent this …

… are referred to as nostro and vostro accounts. 3  For example, a Canadian bank obtains correspondent banking … have a direct bilateral correspondent relationship. For example, Bob in Canada wants to send $100 CAD to Alisa in … through internal or inter-divisional transactions. In the example in Figure 2, the paytech division of the …

… services to help their business clients succeed. 3    For example, Square helps make card acceptance viable for … enhance RBC’s online business banking platform is but one example here. Payments service providers are both competing … and automation to help streamline payments efforts. Examples include investments in cash application software, …

… physical currency could push this even higher. Here is an example. On a typical $20 banknote, the central bank will … and exercise a measure of control in order to effect, for example, freezing and/or blacklisting of accounts/wallets as …

… bankruptcies at major exchanges ( see here for an example), to material disagreement among those inside the … role in supporting criminal activity (see here and here for examples -- there are plenty more in this regard!). And …

… than that of the Canadian dollar against USD in 2019, as an example. 3 Figure 1. Bitcoin vs US dollar. Source: Coindesk … not necessarily reflect the views of Payments Canada. 2 For example, the genesis block contained the text: “The Times …