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… to the success of the Canadian economy and inclusive payments and payment systems play a pivotal role. Elizabeth … system in Canada are effectively double-edged swords that present both risks and opportunities with respect to payment … and beneficial for people with low incomes. If we’re not prepared to put in the effort at the front end though, then …
… Today, Payments Canada published the Modernization Delivery Roadmap December 2020 Update , an update on Canada’s payments Modernization progress. In the coming two years, Canada will see the launch of two new payments systems: Lynx in 2021 and the Real-Time Rail (RTR) …
… . An interview with Mike Hoganson, Director, Lynx, at Payments Canada Financial IT: Mike, could you please briefly … was a significant collaborative effort. As a part of our preparation for Lynx, Payments Canada tested the system in … with real-time settlement finality. Relative to its predecessors, it is rich in terms of the data that is …
… Payments Canada’s Brad Pragnell, a consultant on our … helping to develop a new infrastructure for fast, rich data payments in Australia. A Canadian with 20 years’ experience … services policy in Australia, he worked for the Australian Payments Clearing Association (APCA) for eight years where …
… Payments Canada is pleased to publish its annual report. 2021 was a year of delivery for Payments Canada, while we maintained our number one … a global pandemic, and delivered Lynx, Canada’s high-value payment system, which replaced the LVTS. In 2021, Payments …
… period, we are operating new and enhanced systems. Payments Canada’s 2022 to 2026 Corporate Plan, Accelerate … that will benefit all Canadians. Building off of the previous plan, the 2022 to 2026 planning period represents a time of transition as we deliver the …
… April 4, 2018 February 23, 2018 marked the close of Payments Canada’s public consultation on the Modernization … Target State , an in-depth view of the target end state for payment system Modernization in Canada. The public … apply to all participants as the most effective way of preserving the overall safety, soundness and security of the …
… Today Payments Canada announced that By-law No. 3 - Payment Items and the Automated Clearing Settlement System … volume requirement for direct participation in the retail payments system - the Automated Clearing Settlement System …
… Payments Canada has joined the Financial Data Exchange … finance. As an organization at the heart of Canada’s payments ecosystem, Payments Canada is leading a multi-systems industry-wide …
… of Finance released the highly anticipated Retail Payments Activities Act (RPAA) regulations . Ron Morrow, … industry groups, individual PSPs and associations that represent them, and raising awareness of the framework more … risk-monitoring, and enforcement. We also continue to prepare the infrastructure for this mandate, building the …