Search

… the secure and efficient operation of Canada’s payment systems. Rules and standards lay out the roles, … items exchanged, cleared and settled via our payment systems. Rules, standards and by-laws are reviewed and, if … measures  designed to improve the management of payment system outages. Rule G3 : Adjustments below $5 million for …

… organization that owns and operates Canada's payment systems, Lynx and the Automated Clearing Settlement System (ACSS). Payments Canada is responsible for the … associated by-laws, rules, and standards that support these systems. It also has a duty to promote the efficiency, …

… FIs to return certain payment items through the clearing system if for any reason payment is refused or cannot be … rules that provide for recourse through the clearing system. These are fundamental to ensuring a sound payments system:   1. Safeguarding access to deposit accounts FIs …

… engrained in their Enterprise Resource Planning (ERP) systems for accounting and financial control. Education and … global commerce.  Interoperability is key as most major ERP systems and off-the-shelf accounting or business financial systems are already enabled with the ISO 20022 standard. Q: …

… engaging and communicating with the Canadian credit union system on Payments Modernization to generate awareness and … of the impacts, and enhance the readiness of the system. The Group Clearer has set out to achieve three main … a single point of information for the Canadian credit union system, to ensure relevant information is available in a …

… how expanded access to Payments Canada's membership and systems could benefit retailers and their customers . You’re … chain in Canada, Tim Hortons has a dependency on payment systems for its day-to-day business operations. Whether it’s … Canada. How do you think expanded access to Payments Canada systems might benefit the retail sector ? I am a big …

… The SUMMIT as the main event for the Canadian payments ecosystem to learn, challenge, collaborate and thrive.” The … each day. The organization underpins the Canadian financial system and economy by owning and operating Canada’s payment … and settlement infrastructure, including associated systems, bylaws, rules and standards. The value of payments …

… messages will bring tangible results for all payment system users, from financial institutions to businesses, … standards; Efficiencies in managing/supporting payment systems; Opportunity for innovation and competition amongst … consultation to generate feedback from all Canadian payment system stakeholders on the ISO 20022 Payments Initiative and …

… part of this operates PRESTO a contactless fare collection system used on participating public transit systems in the Greater Toronto and Hamilton area and Ottawa. … of this transit network through its fare payment system is relevant to the payment ecosystem on a national …