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… Every April, Payments Canada welcomes new representatives to its Stakeholder Advisory Council (SAC). These appointees … like. Our new appointees will bring diverse perspectives to SAC because they come from different corners of the … financial industry experience, having introduced Visa Debit to the Canadian marketplace. Fintech Cadence, based …
… Head of Marketing and Communications of Ollie Quinn , to discuss small and medium-sized businesses’ payments … high, much higher than in other parts of the world. On the debit card side, I think Canadians are in pretty good shape. … process of receiving money from our customers to our bank account is an issue. But I think the cashflow forecasting is …
… the Canadian payments environment. A retail CBDC is aimed to take on traditional attributes of physical cash and would be used by consumers and businesses (relative to wholesale CBDC, which would be used by financial … settle daily obligations through adjustments to digital accounts they hold at central banks.2 However, interest in …
… Canadian Payment Methods and Trends (CPMT) report released today shows that cash and other paper transactions, such as … of the market. These trends reinforce the need for Canada to adapt its systems as the global payments ecosystem … in both volume and value of transactions. Cash continues to account for the most transaction volume, but cash use is on …
… currency (CBDC). There are many benefits a CBDC could bring to an economy, however, there are complexities and … individuals, the public, to have conventional private accounts at the Central Bank. We could think that consumers … cash today provides that outside option to the use of debit. CBDC would provide that alternative outside option if …
… Welcome to our Summit speaker spotlight series! Each week, learn … Summit, Canada’s premiere payments conference, May 24-26 in Toronto, ON. We’re proud to welcome Martin to The Summit, … from developers of source code to boards of directors accountable for organizational oversight to industry …
… Payments Canada has responded to the Bank of Canada’s public consultation on draft … the guidelines encourage payment service providers (PSPs) to consider the risk management standards set by the systems … of its clearing and settlement systems and take into account the interests of users. Payments Canada is …
… collaboration remains absolutely critical as we continue to work closely with our members and stakeholders to meet the payment needs of Canadians, and support … Take a look at what’s happening with pre-authorized debits, for instance, where there remains keen interest from …