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… *This article was originally published in Financial IT’s … briefly explain the history of Lynx, in the context of where Canada’s high-value payment system has come from and where it is going? Mike Hoganson (MH): In 2016, Payments …

… Merchants can now more easily offer debit option as an alternative to cash … like transit OTTAWA, January 30, 2020 – Though Canada is a global leader in debit card use, Canadian consumers … that debit card use continued to outpace cash in 2018, where Canadians used debit cards for nearly 35 per cent more …

… ON. We’re proud to welcome Cyrielle Chiron to The Summit, where she’ll be talking innovation—and payments innovation: … career in research and consultancy. She has consistently conducted successful multi-country brand and … of retail and commercial financial services research knowledge and deep research experience across both …

… We connected with Peter Morris, Senior Director, Payments Innovation Center of Excellence at  CIBC , about how he and his team are working with Payments Canada and the broader … (application programming interface). Enriched data will now travel with payments’ messages that will support new use …

… As the central credit union for British Columbia and Ontario, and manager of the Group Clearer (comprised of Central 1 Credit Union, Credit Union Central of … that allows for more data to travel with payments. Right now there are a number of Central 1 efforts underway to …

… Payments Canada has published updated ISO 20022 message specifications for Lynx, Canada’s new … Credit Transfer) and pacs.009 (FI Credit Transfer - now split into two separate guidelines for core and cover …

… (ACSS) and Lynx continue to operate smoothly and, so far this quarter, have cleared and settled over 1.8 billion transactions valued at more than $20 trillion. This last quarter of 2022 began with the approval and … for consumers and businesses. Amendments to this rule now make pre-authorized debit agreement obligations easier …