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… mitigating for risk is foundational to all that we do at Payments Canada – in particular within payments … delivery risk. Target state risks are risks that we must be prepared to manage and mitigate when the changes associated … the payments systems without compromising security. To be prepared for wider access to the payment systems, we need to …
… to modernize Canada's framework for point-of-service (POS) payments. The proposed framework, will support and enable … which will provide other opportunities to protect sensitive payment related data; and introduce alternate settlement … are eager to leverage the full potential of tokenized POS payments for the benefit of Canadians. But to do so, we need …
… both print our bank notes in Canada. We’re also both on a payments Modernization journey. For more on that we asked … the Reserve Bank of New Zealand, about his country’s new payments systems and the importance of standardization and … This led to replacing our aging infrastructure – our two previous payments platforms which were becoming increasingly …
… Payments Canada recently sat down with Grace Jung, Head of Industry Relations, Payments and Operations at the global technology company … small businesses and why expanded access to Canada’s payment system is critical to ignite competition and …
… Payments Canada is now accepting nominations for 2020 … institution participants (direct and indirect) in Canada’s payments systems. With the payments landscape continuing to evolve with the …
… deposit is a fast, secure and convenient way to receive payments, an example of this is having your pay cheque … How to sign up for direct deposit Salaries and government payments are examples of payments commonly made through direct deposit. To sign up …
… impact that the emergence of Automated Funds Transfer (AFT) payments has had on cheque use in Canada. We find that AFT payments have played a role in the declining use of cheques … to continue as more entities shift from paper to electronic payments. In the longer term AFT growth will depend on how …
… with the Bank of Canada and the Department of Finance, Payments Canada confirms that our systems and operations … Queen Elizabeth II passed away bringing an end to an unprecedented era that stretched 70 years. To mark her … 19, 2022, as a one-time federal holiday (day of mourning). Payments Canada systems and operations will be operational: …
… standard that allows rich data to travel with electronic payments - plays a foundational role in Canada’s payments … demand or policy making side of the market, there is an appreciation from historical precedents of what it takes to make new standards work. It’s …