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… Payments Canada welcomes and congratulates the new appointees to its Member Advisory Council (MAC) , effective July 1, … that are essential to the role of MAC and the future of payments in Canada. Effective July 1, 2022, the new …
… Canada’s payments Modernization program is moving along quite nicely … 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 …
… the federal Ministry of Finance established a task force to analyze Canada’s payments system and make recommendations on the future of payments in Canada. They were asked to: Review the safety, …
… Payments Canada launched Lynx, Canada’s new high-value … system in summer 2021. The organization is gearing up to implement a second release of Lynx in late 2022 which … the lens of Jason Sweeney , Senior Director Enterprise Payments at RBC. As the Canadian representative on SWIFT’s …
… we replace ‘being there’ with digital interactions. From a payments perspective, use of cash has declined significantly, contactless payments have increased, as has use of e-Transfer. Digital online purchases bring almost anything we need to our doors with a click. In March and April, the Prime …
… Payments Canada spoke with Brenda Gibson, Vice President, … Mutual Insurance Company about the opportunities modernized payments can bring to insurance organizations and their customers. What are …
… British Columbia, introduced an alternative payment option to their riders: the ability to tap their debit or credit … overnight. When industry has the opportunity to innovate, Payments Canada supports and enables this innovation by … of our member financial institutions on the handling of payments that move through these systems. In other words, …
… Regulatory environment The Payment Clearing and Settlement Act … as systemically important under this Act and, as a result, Payments Canada is subject to oversight from the governor of … Canada. The Lynx Disclosure and the ACSS Disclosure offer Payments Canada Members, Lynx and ACSS participants, and the …
… Payments Canada asked Victoria Cleland the Bank of England’s Executive Director for Banking, Payments and Financial Resilience to talk about the impact …
… Payments Canada is committed to protecting your privacy. This statement explains our practice with respect to your personal information. This statement addresses: Your visit to www.payments.ca; The information we, Payments Canada, collect …