SIA: Wins Payments Canada’s tech revamp contract

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SIA: Wins Payments Canada’s tech revamp contract

SIA: Wins Payments Canada’s tech revamp contract for the country’s new high-value payments system,Lynx

  • This is the outcome of participation from “key industry partners”
  • Now, SIA will be the Lynx application provider
  • Canada core system marks the first time project for SIA in North America
  • SIA,Payments Canada and key industry stakeholders on the next version of RTGS application solution
  • RTGS systems developed by its subsidiary Perago
  • Lynx will replace Canada’s current Large Value Payments System  based on the global ISO 20022 messaging standard