Search results
… Payment industry is focused on delivering final pillar of … through ecosystem alignment and collaboration to support payment innovation, long-term sustainability and economic advancement for Canada. OTTAWA, April 16, 2024 – Payments Canada today announced a path forward for the …
… The Canadian Payments Association (CPA) operates under the brand name of Payments Canada. For legal purposes we continue to use CPA … related to rules, by-laws and standards. The Canadian Payments Act (CP Act) sets out the legal framework for the …
… saw the continued seamless operation of Canada’s national payment systems. The Automated Clearing Settlement System … valued at more than $29.56 trillion . On March 20, Payments Canada successfully implemented the second release … messaging standard to Canada. We’ve entered a new era for payments. ISO 20022 will support the inclusion of additional …
… Payments Canada has published updated ISO 20022 message specifications for Lynx , Canada’s high-value payment system, to support the implementation of Lynx … changes (Release 2.1) published by CBPR+ (Cross Border Payments and Reporting), the group that defines how ISO …
… At Payments Canada we dedicate ourselves to the delivery, operation and governance of payment systems that are innovative, secure and globally … Lynx operations should an extreme event occur. In November, Payments Canada and the payment ecosystem had two very big …
… are integral parts of the legal framework of the national payment systems that Payments Canada is legislated to establish and operate. … financial institutions on the appropriate handling of payment items exchanged, cleared and settled via our …
… 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 …
… will support introduction of data-rich, high-value payments in Canada . On November 5, 2022, Payments Canada successfully deployed the MX code to Lynx , Canada’s high-value payment system. This is the technology needed to introduce …
… Payments Canada welcomes and congratulates the new … , effective July 1, 2022. These experts from across the payment ecosystem will provide a wide range of views 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 … , enhancements to Automated Funds Transfer (AFT) – or batch payments - will be first out of the gate. We are looking … This tells me that AFT – what I call the workhorse of the payments system - is due for a day in the sun. Our …