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… Canadian businesses have a higher rate of payment fraud (20 per cent) compared to Canadian … last six months. Impersonator fraud represented 25 per cent of payment fraud experienced by businesses. 71 per cent of businesses were partially or fully reimbursed by their …

… Payments Canada has submitted its response to the Department of Finance’s proposed regulations under the Retail Payment … Payments Canada’s submission seeks clarity on the scope of the definition of “payment service provider” and clear direction on which …

… Consultation seeks feedback on the impact of potential amendments to Payments Canada's bill payment … Payments Act that provides advice to Payments Canada’s Board of Directors on payment, clearing, and settlement matters. …

… are written to reflect the interests and views of the author(s), and are not intended as an official Payments Canada statement or position. Summary In March and April of this year, we have seen record values pass through the …

… source for more than one in ten working Canadians (12%), of which 21% rely on gig work as their primary source of income and 65% rely on it to supplement another source of income. Despite the economic importance of the gig …

… are written to reflect the interests and views of the author(s), and are not intended as an official … view of their finances in one consolidated place. Such dashboards can also serve as a platform for new services: … Canada or represent the views of the IMF, IMF Executive Board, or IMF management.  …

… are written to reflect the interests and views of the author(s), and are not intended as an official Payments Canada statement or position. Summary These are interesting times in the world of payments. Never have Canadians had so many options to pay …

… Payment industry is focused on delivering final pillar of the RTR through ecosystem alignment and collaboration to … in real-time 24/7, 365 days a year.  The real-time movement of money enabled by the RTR will give Canadians more control … that includes two key technical components: the build of the RTR exchange component provided by Interac, which was …

… highlights:  Digital payments represented 86 per cent of total payment volume and 75 per cent of total payment value. Cash use increased by 15 per cent year-over-year by volume of transactions.  Contactless payments accounted for 53 per …