Bank of Canada

43 results about this entity

Period: 08 Mar 2010 - 24 Sep 2024

Bank of Canada seeks to improve collaboration in fight against cyberattacks

Canada's central bank has begun working with the country's six largest lenders to boost the cyber-resilience of the wholesale payments ecosystem as part of a wider effort to improve industry collaboration in the fight against hackers.

Bank of Canada ships new $10 note featuring Viola Desmond

Finance Minister Bill Morneau and Bank of Canada Governor Stephen S. Poloz today unveiled the new $10 bank note featuring Viola Desmond during a ceremony at the Halifax Central Library.

Central bank digital currencies could cut costs for merchants and consumers

A central bank digital currency (CBDC) has the potential to become a cheaper and easier to use alternative to cash and cards, according to research from the Bank of Canada.

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.

Bank of Canada says DLT not ready for interbank payment system

Following a year-long experiment, the Bank of Canada says that distributed ledger technology is not ready to act as the backbone of a wholesale interbank payment system.

Bank of Canada hides Easter egg on new $10 web page

Taking inspiration from the cheat code for 1980s video game Gradius, Canada's central bank has hidden an Easter egg on its page for the new $10 dollar note.

CAD-coin V Fedcoin: The future of central bank digital currencies

An R3 academic paper on central bank digital currencies (CBDCs) investigates the relative merits of a public network-based retail Fedcoin option and the private, permissioned wholesale CAD-coin alternative.

Private digital currencies need regulation to flourish - Bank of Canada research

Digital currencies such as Bitcoin will not be safe without government intervention and are likely to be counterfeited, according to a Bank of Canada report drawing on the lessons off private bank notes in the 1800s.

Bank of Canada DLT experiment raises PFMI questions

The Bank of Canada's experimental effort to build a wholesale payment system using a DLT-based settlement asset has thrown up concerns about whether the technology can meet international standards for systemically important payments infrastructure.

Speech: Bank of Canada's Carolyn Wilkins on fintech and the financial ecosystem

It is no exaggeration to say that we are in the midst of a defining moment for innovation in financial services. Some expect that new technology will cause a complete disruption of traditional financial institutions, giving businesses and households access to more convenient and customized services.

Bank of Canada research highlights global trend towards faster payments

Research released today by Payments Canada and the Bank of Canada exploring payment system modernization initiatives around the world reveals a global trend towards infrastructure enhancements that support faster 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.