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… By Jan Pilbauer, Executive Director of Modernization & CIO Since Canada set off on our Modernization journey, we have talked a lot about faster payments, a.k.a. the real-time rail. And, while I’m pretty sure the concept is quite familiar for those of us in the payments space who …
… AUTHOR Alyson Larocque Manager of High-Value Payment Systems Operations Alyson plays a key role in supporting the day-to-day operations of Canada’s high-value payment system, Lynx. The safety and soundness of Lynx is her top priority. Alyson is also passionate about …
… As the number of international payments continues to grow, … in Canada stand to benefit from the introduction of the ISO 20022 messaging standard — a common language for payment … followed by not knowing the foreign exchange rate applied before the clearing and settlement of the transaction (17 …
… In Part 1 of this series, we discussed the importance of understanding and … accept cheques as payment. But the BEA was written long before cheque cashing stores became commonplace and RDC …
… On May 19, 2023, Payments Canada provided input to the Bank for International … Committee on Payments and Market Infrastructures’ (CPMI) on ISO 20022 harmonization requirements for cross-border …
… Reflections from Robyn King, host of The SUMMIT Series. Robyn King Director, Industry Relations Robyn King is the Director for Industry Relations at Payments Canada, …
… Digital innovation and payment fraud concerns create shifts in small business behaviours and attitudes OTTAWA, June 21, 2022 — More than two years after the World Health Organization declared the outbreak of the … etc. (36 per cent) Sharing their business identify and payor information online/with e-commerce sites/apps (25 per …
… Assessing how an organization needs to respond to and prepare … situation takes strong business continuity planning. So how is the payments industry responding to COVID-19? Peter Dodic, …
… Consultation paper open until June 23 Payments Canada is … of point-of-service debit card acceptance. This new rule further supports the move to digital payments and lessens … be possible to have immediate authorization by a user’s (payor) financial institution. While a key driver behind the …