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… New research from the Canadian Payments Association (CPA) reveals compelling evidence of the strong relationship … of cheques in Canada. In a newly released discussion paper, CPA researchers analyze this evolving relationship and … or pre-authorized debits (PADs). They are cleared by the CPA’s Automated Clearing Settlement System (ACSS). AFTs have …

… The CPA is pleased to announce that on June 1, 2015, ICICI Bank … including the Bank of Canada. Over the past few months, the CPA, the Bank of Canada and other LVTS direct participants … institutions must meet certain requirements as outlined in CPA rules and by-laws. Other financial institutions make …

… In 1980, the Canadian Payments Association (CPA) was established, formalized by the Canadian Payments … fulfil this role. At the onset, the main objectives of the CPA were to establish and operate a national clearings and … we have not looked back.  Four years after inception, the CPA built and launched the Automated Clearing Settlement …

… 5, 2022, Payments Canada successfully deployed the MX code to Lynx , Canada’s high-value payment system. This is … release two in March 2023.  During deployment, the Lynx MX code was activated and tested with Lynx participants and the Bank of Canada. Upon completion, the code was deactivated and will remain dormant until activated …

… items (duplicates) in the cheque imaging world, and how the CPA opened industry dialogue on this issue in Canada. In … their transition to imaging. These lessons can help the CPA and its member institutions monitor and manage duplicate … any duplicates to their FI. The current legal framework CPA Rules Under current CPA rules1, "Duplicate Payment" …

… 5. Would requiring the use of ISO 20022 externalised codes facilitate faster, cheaper and more transparent … effort? Requiring the use of ISO 20022 externalized codes can facilitate faster, cheaper, and more transparent … requirement is a good one, it does raise questions around code list maintenance and the growth of the code list over …

… Payments Association : The Canadian Payments Association (CPA) ensures that financial transactions in Canada are carried out safely and securely each day. The CPA underpins the Canadian financial system and economy by … standards. The value of payments cleared and settled by the CPA in 2015 was nearly $50 trillion, or $197 billion every …