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… The growth of fintech is a global phenomenon that has big implications for the financial sector, and payments more specifically. In Canada, “Paytech” … competitive force relative to established players. Incumbent financial institutions and payment networks are also …
… third quarter of 2023 was continued advocacy for changes to the Canadian Payments Act . Payments Canada submitted a … pre-budget consultation, calling for changes to payment legislation in the 2023 Fall Economic Statement. As a follow-up … future of payments in Canada. Thank you to Brent Mizzen, outgoing chair, for his contributions to SAC since 2012. This …
… Payments Canada has released its latest discussion paper, De-Tiering Large Value Payment Systems: The … characterized by a ‘tiered’ structure, whereby a small number of banks are direct members of the system (also called … tier’). The smaller the number of direct banks over the total sector, the higher the level of tiering. Although the …
… Payments Canada is pleased to announce two new and five returning members to its Member Advisory Council (MAC), effective July 1, …
… Payments Canada welcomes the 2021 appointees to its Stakeholder Advisory Council (SAC) from across the payments ecosystem, … Canada Payments Canada would like to thank its outgoing council members for their many contributions. The …
… Canada’s payments Modernization program is moving along quite nicely and, as outlined in our Roadmap & High-Level Plan , enhancements to Automated Funds Transfer (AFT) – or batch payments - will be first out of the gate. We are looking forward to seeing …
… Payments Canada is pleased to announce that Brent Mizzen, from Canadian Life and Health … Advisory Council (SAC), respectively. Brent Mizzen has been a member of SAC since 2012 and most recently served as …