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… mitigating for risk is foundational to all that we do at Payments Canada – in particular within payments Modernization. What risk means from a payments Modernization perspective When it comes to payments …
… to modernize Canada's framework for point-of-service (POS) payments. The proposed framework, will support and enable … which will provide other opportunities to protect sensitive payment related data; and introduce alternate settlement … are eager to leverage the full potential of tokenized POS payments for the benefit of Canadians. But to do so, we need …
… As new payment methods emerge, how are financial institutions and payment providers evaluating these new options and launching new payment products in their market? As the pace of digital …
… both print our bank notes in Canada. We’re also both on a payments Modernization journey. For more on that we asked … the Reserve Bank of New Zealand, about his country’s new payments systems and the importance of standardization and industry collaboration in bringing payments Modernization to life. As a starter, can you …
… Payments Canada recently sat down with Grace Jung, Head of Industry Relations, Payments and Operations at the global technology company … small businesses and why expanded access to Canada’s payment system is critical to ignite competition and …
… Payments Canada has released a new discussion paper that … widely understood. The paper, A Primer on Credit Risk in Payments Canada’s Automated Clearing Settlement System … in the ACSS because it’s all being done via collateralized payment in the LVTS,” Neville said. “That doesn’t make the …
… impact that the emergence of Automated Funds Transfer (AFT) payments has had on cheque use in Canada. We find that AFT payments have played a role in the declining use of cheques … to continue as more entities shift from paper to electronic payments. In the longer term AFT growth will depend on how …
… with the Bank of Canada and the Department of Finance, Payments Canada confirms that our systems and operations … 19, 2022, as a one-time federal holiday (day of mourning). Payments Canada systems and operations will be operational: …
… standard that allows rich data to travel with electronic payments - plays a foundational role in Canada’s payments Modernization initiative as well as similar … it is behind many other G20 markets when it comes to payments modernization and open banking. But, as we’ve …