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… Canada today announced Peoples Trust Company (PTC), part of Peoples Group, has been granted Direct Clearer status in … own behalf and effect settlement directly with the Bank of Canada. This is possible due to regulatory changes in … and soundness of Canada’s payment systems while taking into account the interests of end users. In 2021, Payments …
… we hear about real-time payments the first thing we think of is speed. But when it comes to the Real-Time-Rail (RTR), … a payment system, but a platform for innovation. Where to Listen: … Transcript of the recording Cyrielle Chiron: … to send and receive payments within seconds, between accounts that may be at different financial institutions. So …
… industry responding to COVID-19? Peter Dodic, Chief Risk Officer at Payments Canada, and Sonia Baxendale, President … to the pandemic and any future global event. Where to Listen: … Transcript of the recording Cyrielle Chiron: … resilience. They perform further planning and testing to account for unique challenges that emerge almost daily. …
… and purposes, well beyond payments. Joni Brennan, President of the Digital ID & Authentication Council of Canada (DIACC) … collected is safe, secure, and used responsibly. Where to Listen: … Transcript of the recording Cyrielle Chiron: … But mainly, who is responsible if something happens, and accountable if something happens? So can we start with you, …
… who receives funds when a payment item is credited to their account … Payee …
… Logue and Jude Pinto appointed interim co-Chief Executive Officers, effective April 1, 2024. The Payments Canada Board of Directors initiates comprehensive search for successor. … and soundness of Canada's payment systems while taking into account the interests of end users. In 2023, Payments …
… who authorizes their financial institution to debit their account for the amount of a payment item … Payor …
… The process of debiting or crediting an end user’s deposit account and making funds available (with possible …
… Direct deposits to an account held at a financial institution. Commonly used for …
… The delivery and receipt of payment instructions, which would result in a debit and credit being posted to the accounts of the Payor and Payee … Exchange …