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… An account which is established and maintained by each direct clearer, at the Bank of Canada, or by each indirect clearer with its …
… At The 2022 Payments Canada SUMMIT, the Honourable Randy … such as PayPal, Apple Pay, and Square. Under the RPAA, the Bank of Canada will regulate payment service providers doing …
… In February 2023, the Department of Finance released the highly … anticipated Retail Payments Activities Act (RPAA) regulations . Ron Morrow, Executive Director – Supervision at the Bank of Canada shares how the RPAA will support payment …
… Regulatory environment The Payment Clearing and Settlement Act assigns the Bank of Canada responsibility for overseeing clearing and settlement systems …
… Payments Canada welcomes five new and two returning members … 2023 SAC appointees. New members*: Ryan McLeod, Manager, Banking Strategy and Services, Treasury Operations – Government of Alberta Ivy Luu, Vice President of …
… Late last year, Canada’s largest financial institutions … the customer’s name, address, and date of birth - via their bank. The customer can approve that request and set a …
… As the number of international payments continues to grow, … Canadians sent money internationally using their Canadian bank account, representing a 33 per cent increase from 2022. …
… Payments Canada welcomes and congratulates the new appointees … Head, Citi Canada Treasury and Trade Solutions Laurentian Bank of Canada: Adam Swinemar, SVP of Digital Banking …
… Jennifer Hawkins is the Senior Vice President & Head of Emerging … Appointed to this new role in February of 2022, she is responsible for providing thought leadership across areas of disruption within retail banking including open banking, payments evolution and …
… Robert Paterson is President and Chief Executive Officer of Alterna Savings and Alterna Bank, a position he has held since April 2013. He has worked in Financial …