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… At Payments Canada we dedicate ourselves to the delivery, operation and governance of payment systems … and globally connected. As the fourth quarter of 2023 is quickly coming to a close, I’m pleased to share that so … thank our members, regulators and stakeholders for their ongoing effort and collaboration this year. On behalf of …

…   Authors Gillian Monckton Policy Analyst Gillian Monckton is a Policy Analyst at … underpins the Canadian financial ecosystem is also undergoing change and development in order to reflect the …

… Payments Canada welcomes five new and two returning members to its Stakeholder Advisory Council (SAC). These appointees bring fresh … on the council. Payments Canada would like to thank its outgoing council members for their many contributions. We would …

… mass adoption of real-time payment systems around the world is creating a new norm for the way we pay and get paid. Today, consumers, businesses and public institutions expect … early adoption of the platform. Banks have already started going out to their customers via their communications …

… We connected with Peter Morris, Senior Director, Payments Innovation Center of Excellence at  CIBC , … system resiliency. What value will Lynx deliver to our member financial institutions and Canadians more broadly? How …

… On September 26, 2018, Payments Canada announced the go live of a new … stakeholders, including Canadian financial institutions .  Today, we are pleased to share the subsequent enhancement to … Automated Funds Transfer -  two-hour funds availability - is now live. What this means is that, subject to some …

… Over the past week, Payments Canada has been working closely with Lynx participants, our partners (IBM and Nexi), and the Bank of Canada, to determine the path forward should Swift decide to delay the global implementation of ISO 20022.  On October 27, 2022, Swift officially announced …

… Payments Canada selected global consulting firm Accenture to support a multi-year initiative to transform Canada’s … data-rich and transparent payment system to Canada. Imagine going for lunch to catch up with friends, but instead of … your friends via a mobile device. In a few taps, your bill is paid and you’re on your way. No cash needed, no waiting …

… As the central credit union for British Columbia and Ontario, and manager of the Group Clearer … of Alberta, SaskCentral and Credit Union Central Manitoba), Central 1 settles billions of dollars in Canadian … for our members and clients to best support their ongoing needs. A key aspect of these services is providing …