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… and manufacturers. Cash Management PADs transfer, consolidate or reposition funds between accounts held by a business … mandatory elements (found in Appendix II of Rule H1): the date of the agreement and a signature field for written … set intervals (i.e. weekly, monthly, annually, on set dates, etc.) triggered by a specified event or criteria …
… Rail (RTR) payment system. An extension in the delivery date (or ‘go-live date’) will provide additional time to validate and test the components and end-to-end integration of …
… harmonization of cross-border ISO 20022 messages by 2025. Ensuring a global harmonized adoption of ISO 20022 is … format, which will coexist within ISO 20022 until November 2025. Payments Canada is supportive of the ambitious work … ambitious and additional analysis would be required once updated guidelines have been published to confirm what would …
… the global ISO 20022 migration for CBPR+ with the ECB’s updated timetable to ease implementation. Swift was clear that … for Lynx Release Two, but it will impact our go-live date. While Payments Canada and Lynx participants are ready … in November, we have the technical agility to accommodate a delay from Swift. In acknowledgement of the impacts …
… testing at full capacity. Testing is set to occur through 2025 and 2026, paving the way for a robust and reliable … and transparent as possible. I’ll be sharing quarterly updates on the program’s progress and highlighting key …
… (ACSS). In December 2021, Payments Canada published an updated Delivery Roadmap confirming the introduction of … in November 2022. We also announced a change in the launch date of the Real-Time Rail payment system from September … with some additional information about the change in launch date. As you know, the Real-Time Rail payment system will be …
… Day for Truth and Reconciliation. This is a new national holiday to commemorate the tragic history and lasting … On this inaugural day of recognition, and annually on this date going forward, Payments Canada’s operations and payment …
… 2023, in alignment with Swift’s revised implementation date. Also in October, we determined the need for revised … regulators and stakeholders to confirm the revised launch date. Part of this work includes conducting a third-party … take this opportunity to wish you all a happy and restful holiday season. The Payments Canada team looks forward to …
… the national and global payment ecosystem as part of our mandate to facilitate interoperability and innovation. Explore … . Follow us on LinkedIn to stay up to date on our latest speaking engagements and events. …