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… At Payments Canada we dedicate ourselves to the delivery, operation and governance of payment systems … Lynx operations should an extreme event occur. In November, Payments Canada and the payment ecosystem had two very big …
… preferences; 42 per cent say digital-first mindset here to stay OTTAWA, March 9, 2021 – Payments Canada released the latest data on Canadian payments trends since the onset of COVID-19, showing that …
… Susan Hawkins is the President and CEO of Payments Canada, leading the organization's next phase of development to meet the evolving payment needs of Canadians. Under her leadership, Payments Canada is focused on modern payment technology …
… 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 …
… of the legal framework of the national payment systems that Payments Canada is legislated to establish and operate. They lay out the roles, … and timeframes for returning payment items, where eligible. Payments Canada’s rules, standards and procedure documents …
… 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 …
… 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 …
… 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, …
… 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 …
… 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 …