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… operate under an enhanced risk, regulatory and rules framework – the primary efficiency enhancement for businesses is anticipated to come from adopting the ISO 20022 data standard.  The ISO 20022 … In so doing, we play a critical role in building a better working world for our people, for our clients and for our …

… administration, configuration and incident management work to ensure these important daily financial transactions pass through Lynx smoothly.  Our work also involves managing and supporting external … alignment with Swift’s international migration timelines. Work is also underway by Payments Canada to assess if …

… many payments trends observed in September 2020 resulting from the pandemic continue, including: Decline in handling … using less cash than pre-COVID (cash usage is up slightly from September 2020 when 57 per cent of Canadians reported … by Canadians and Canadian businesses. Payments Canada is working closely with the payments ecosystem to modernize …

… actors trying to destroy what we have in place? The people working in the payment system industry every day may make … one real threat on our radar. What is the biggest learning from an international perspective as it relates to fraud and cyber security? I worry about resilience not only from a national perspective but from an international …

… Risk Model is a result of ongoing collaboration and input from our member financial institutions,” said Jan Pilbauer, … Director of Modernization & CIO at Payments Canada. “Working closely with our members and the wider payments …

… payment methods and technologies to meet their needs.  Our work is underpinned by the Canadian Payments Act (CP Act), which sets out our legal framework, including our mandate, governance, oversight and the … changes is the widespread support they have garnered from players across the Canadian financial ecosystem. Banks, …

… of the new real-time payment system and we’re excited to work with TCS to execute on this next step for the RTR as we … and experience with large payment initiatives. TCS will work with Interac, the RTR’s exchange provider, and … TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a …

… competitive.” “Payments Canada, and the regulatory framework that underpins the organization, has a long, proven … way that reflects the level of safety and security expected from Canada’s financial system, we need to modernize the … know we must continue to update policy and regulatory frameworks to ensure they meet the needs of Canadians and support …