Search results
… DISCLAIMER: Articles are written to reflect the interests and … Payments Canada statement or position. How modernized legal frameworks can accelerate data-driven innovation: Challenges … and opportunities 1 Summary In an increasingly information-driven world, legal frameworks governing the …
… Today, Payments Canada announced the successful implementation … systems is our top priority,” said Shawn Van Raay, Chief Information Officer at Payments Canada. “This work, completed … of our operations in a safe and secure manner.” The legal framework (which includes the rules and by-law) are …
… Payments Canada is pleased to announce the promotion of Derek … Operations. Derek Young has been with Payments Canada for close to 24 years, taking on progressive leadership … knowledge of Payments Canada’s payment systems, legal framework, technology operations, and the broader payments …
… The second quarter of 2022 began with much excitement as more than 1,800 … especially pleased to have Abraham Tachjian , who spoke for the first time as Canada's new open banking lead, The … of the Department of Finance’s public consultation paper on proposed amendments to the Canadian Payments Act - an …
… What is the Canadian Payments Act ? The Canadian Payment Act … non-profit, public-purpose organization. We are responsible for Canada’s national systems for the clearing and … supporting our country’s economic stability. How the proposed changes to the CP Act will provide the foundation …
… 44 per cent say COVID-19 has changed their payments preferences to digital and contactless long-term; 61 per cent are spending less; 42 per cent are uncomfortable handling cash OTTAWA, November 25, 2020 – Payments …
… Regulatory environment The Payment Clearing and Settlement Act assigns the Bank of Canada responsibility for overseeing clearing and settlement systems for the … of Payments Canada’s governance, operation, risk-management framework and approach to observing the Bank of Canada risk …
… A pre-authorized debit drawn on the account of a payor for the …
… DISCLAIMER: Articles are written to reflect the interests and … Prime Minister Justin Trudeau announced a number of platform commitments at an event in the Trois-Rivières riding of … payment system and, under a consumer-directed payments framework, initiate credits or debits from a customer’s bank …
… Summary Each year, through the Canadian Payment Methods and … (CPMT) report , Payments Canada is able to compile data for its member financial institutions and share knowledge … in this year’s report. Digital payments volume grew to represent 79 per cent of all transactions in 2020, as consumer …