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… A critical step towards broadening access to Canada’s payment infrastructure, but legislative change is still needed. Payments Canada welcomes the opportunity to provide input on … eligibility must also be expanded to include eligible PSPs, credit union locals and systemically important Canadian …

… Introduction Cross-border payments are financial transactions where the accounts of … Table 1). Major service providers include international card schemes, commercial banks and non-bank P2P payment … for expanded access to its payment systems to include PSPs, credit union locals and the operators of designated …

… Payments Canada is pleased to announce two new and five … New MAC appointees: EQ Bank, Kartik Kamat, Vice President, Payments and Fraud Mitigation ICICI Bank Canada, Kaushal … and Payments Desjardins, Isabelle Dreyer, Vice President, Cards and Payment, Consumer and Commercial Services National …

… OTTAWA, June 18, 2018 – Payments Canada today announced the appointment of Andrew McCormack to Vice President, Payments & Technology, joining Chief Risk Officer, Peter … inter-bank transactions, including those made with debit cards, pre-authorized debits, direct deposits, bill …

… Payments Canada is pleased to welcome seven returnees to its … effective July 1, 2023. These experts from across the payment ecosystem provide a wide range of views that are … Managing Director, Chase Merchant Services Central 1 Credit Union, Sue Whitney, Vice President, Payments Strategy …

… be used for this purpose in the future. Promisingly, Mastercard Services revamped its arm of AI-based payment … goals; Risk reduction through the prediction of customer credit card behavior and the maintenance of behavioral … questions and perform simple tasks like setting up or canceling standing orders or direct debits or providing …

… to the success of the Canadian economy and inclusive payments and payment systems play a pivotal role. Elizabeth … neighbourhoods in some cities where local banks and credit unions have given way to high-cost, high-risk, fringe … products, services and opportunities. Canada deserves credit for being one of the most highly banked nations in …

… Canada gears up for a future that includes a new real-time payments system, the Real-Time Rail (RTR),  let’s look at the launch of real-time payments in the United States and Australia and take stock … 56 per cent of U.S. bank accounts, and 150 banks and credit unions are signed up to join the network within the …

… Payments Canada announced today that Andrew … Modernization, effective March 1, 2020. “Andrew has global payments experience, is an expert in stakeholder engagement, … inter-bank transactions, including those made with debit cards, pre-authorized debits, direct deposits, bill …

… Payments Canada has published updated ISO 20022 message … include updated versions of pacs.008 (FI to FI Customer Credit Transfer) and pacs.009 (FI Credit Transfer - now split into two separate guidelines for …