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Canadian Payments Association (CPA) announces new Board of Directors and governance model to better serve Canada’s payment and financial systems
… July 23, 2015 - The Canadian Payments Association (CPA) today announced the election of a new Board of Directors … part of its overall vision to be the centre of excellence for payments in Canada. The new board has established a … This council will serve as a consultative and engagement forum for the CPA's membership, and will provide advice and …
Scotiabank prepares for Lynx, Canada’s new high-value payments system
… Enterprise Payments at Scotiabank?  As the Director for the Enterprise Payments team, I’m responsible for outcomes across our payments ecosystem including … financial institutions and Canadians more broadly? In today’s digital environment, payments underpin many aspects …
The economic benefit of adopting the ISO 20022 payment message standard in Canada
… recognized payment messaging standard - ISO 20022. The CPA today released a discussion paper outlining new research into the quantifiable benefits for Canada of adopting ISO 20022.  “Modernization of the … said Carol Ann Northcott, Vice-President responsible for Research at CPA. “Therefore, it is critical we …
Modernizing Canada's Payment System requires a holistic approach
… Bank of Canada release research outlining areas of focus for the payment industry in developing a shared vision for the future Ottawa, ON -- (September 17, 2015) – As part … Payments Association (CPA) and the Bank of Canada released today supports this initiative by outlining the most …
Canadian Payment Methods and Trends Report finds cash is king, for now
… Need for fast, flexible and secure payments system drives … Canadian Payment Methods and Trends (CPMT) report released today shows that cash and other paper transactions, such as … are a growing share of the market. These trends reinforce the need for Canada to adapt its systems as the global …