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… while carefully monitoring and managing related risks. In  Part 1  of this series, we explained the … has advanced significantly in the past decade, and many U.S. banks now offer Remote Deposit Capture (RDC) … efficiency, but have also introduced new and different causes of duplication into the U.S. clearing system. Experts …

… (ACSS) and Lynx continue to operate smoothly and, so far this quarter, have cleared and settled over 1.8 billion … introduced to improve the pre-authorized debit experience for consumers and businesses. Amendments to this rule now … Payments Act . When amendments are made, payment service providers will be eligible for Payments Canada membership …

… should Swift decide to delay the global implementation of ISO 20022.  On October 27, 2022, Swift officially announced … timetable to ease implementation. Swift was clear that any additional delay beyond March 2023 will not be … November 20, 2022. However, the amendments related to the use of payment messages in the Lynx MX format will not be …

… advances, the Canadian Payments Association (CPA) is creating new opportunities for payment system users to send and receive payments over the national … more efficiently. Understanding, identifying and monitoring any potential risks introduced by these new efficiencies is …

… This COVID-19 pandemic has highlighted the value of everything … with digital interactions. From a payments perspective, use of cash has declined significantly, contactless payments … use of e-Transfer. Digital online purchases bring almost anything we need to our doors with a click.  In March and …

… announcements were made for the launch of TCS BaNCS and the ISO 20022 training lab Canada’s largest payments conference … Wednesday with a jam-packed and thought-provoking agenda focused on the many challenges and opportunities of a field in the midst of …

… mass adoption of real-time payment systems around the world is creating a new norm for the way we pay and get paid. … infrastructure that will be available for Osko as well as any new overlay services. Already, a significant number of … payments? Like most real-time payments campaigns, we focused a great deal on security. In real-time payments system …

… paycheque details; 38% unlikely to spot an employer's pay discrepancy Key study findings 47% of working Canadians pay … According to new research commissioned by Payments Canada, many working Canadians do not feel well-equipped in … those that have no plan around how their paycheque will be used:  More than half (55%) of working Canadians say they …