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… As an organization at the heart of Canada’s thriving payments ecosystem, Payments Canada is working to modernize our national payments system to provide a platform that helps drive …
… Published: July 25, 2018 Payments Modernization is an industry-wide program, shaped … business, governments and consumers. Two important groups, Payments Canada’s Member Advisory Council (MAC) and the … Advisory Council (SAC) represent this vast network of payment system users. The councils discuss, debate and …
… Payments Canada published a Pre-Authorized Debit (PAD) … and payors. A working group, including representatives from Payments Canada’s members and its Stakeholder Advisory … feedback and comments by January 14, 2022 to consultation@payments.ca . …
… and convenience has sparked significant change in retail payments.Traditional financial institutions are innovating … and services, and a wealth of FinTechs are entering the payments space with creative new offerings. Add to this a … giants - Apple, Google, Facebook - and suddenly the retail payments landscape looks nothing like it did ten years ago. …
… On February 21, Payments Canada CEO, Gerry Gaetz, will participate as a … sector , market players, regulatory authorities and policy makers will examine the intersection of competition, …
… for Canadians to enroll online in CRA Direct Deposit. Payments Canada has supported this initiative, playing a … The ability to enroll electronically to receive government payments directly into a bank account simplifies a complex … supports the faster and more secure delivery of government payments for Canadians. Payments Canada acknowledges the …
… Core payment systems that serve both an LVPS and a retail payment system functions. … Multi-Use Core System …
… OTTAWA, June 14, 2022 - Payments Canada today announced Peoples Trust Company (PTC), … to Direct Clearer allows PTC to exchange and clear payment items on their own behalf and effect settlement … participation in the ACSS. This change has opened the payment ecosystem, allowing more participation and …
… Payments Canada has a long, proven history of providing the payment infrastructure that allows Canadians to get their … be. We do this with Canadians top of mind: ensuring their payments are safe and secure while facilitating the …
… like insurance companies, stand to benefit the most from payments modernization. Payments Canada asked Brent Mizzen, Assistant Vice … I’m guessing insurers are most looking forward to faster payments with more data. Is that a fair assumption? In our …