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… Kerri Behrendt Legal Counsel, Payments Canada   Samantha Whynot Manager, Retail Payment Systems Operations, Payments … structures, as well as the importance of our rules and by-laws by Kerri Behrendt, Legal Counsel. Samantha Whynot, …

… financial institutions, the Canadian Payments Association (CPA) is bringing together diverse payment perspectives to … The CPA underpins the Canadian financial system and economy by owning and operating Canada’s payment clearing and … settlement infrastructure, including associated systems, by-laws, rules and standards. The value of payments cleared and …

… to the Canadian Payments Act (CP Act) in the 2023 Fall Economic Statement (FES), Building a strong economy that works … that meet regulatory and legislative requirements. By supporting these critical legislative changes, the … and regulators, Payments Canada will advance by-law amendments required to operationalize changes to the CP …

… Association. "The Canadian FinTech space is growing by leaps and bounds. This kind of exposure for young … Payments Association : The Canadian Payments Association (CPA) ensures that financial transactions in Canada are … settlement infrastructure, including associated systems, by-laws, rules and standards. The value of payments cleared and …

… transfers and cheques. But credit unions have also been innovative. Credit unions were some of the first institutions … This means that at some point in the future (determined by the Governor in Council), credit unions who are members … to the Canadian Payments Act as well as potential by-law or rule changes. We are consulting the ecosystem on our …

… for change to payment legislation in the 2023 Fall Economic Statement Implementation Act . Payments Canada has … entities would need to meet regulatory requirements set by the Parliament of Canada in legislation and oversight … a safe, sound and risk-based manner, Payments Canada’s by-laws will establish whether that regulated member is …

… for consumers and businesses. Amendments to this rule now make pre-authorized debit agreement obligations easier … buy now, pay later — a payment trend being driven primarily by young Canadians, and the benefits that modern payment … The legal framework (which includes the rules and by-laws) are essential to ensuring the smooth operation of our …

… items (duplicates) in the cheque imaging world, and how the CPA opened industry dialogue on this issue in Canada. In … Capture (RDC) solutions such as apps that enable deposits by taking pictures of cheques with a smartphone. Effective know your customer (KYC) policies can also help ensure that …