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… A critical step towards broadening access to Canada’s payment infrastructure, but … in the payment ecosystem, meaning greater choice, speed and flexibility for Canadians and Canadian businesses in … important Canadian Financial Market infrastructures. To do that, changes to the Canadian Payments Act , which sets …

… Payment Systems Operations Alyson plays a key role in supporting the day-to-day operations of Canada’s … The Canadian economy depends on the exchange of billions of dollars each day. At Payments Canada, it’s our job to ensure … assess if additional Lynx ISO 20022-supported messages are required. If you’re interested in learning more about the …

… DISCLAIMER: Articles are written to reflect the interests and views of the author(s), and are not … payments scene, we can lift the fence around billion-dollar bills on the sidewalk.1 Late last year, Prime …

… OTTAWA, April 26, 2017 – Payments Canada has invited three suppliers to participate in a competitive procurement process for the country’s new core clearing and settlement system for … used for complex purchases that encourages information flow between parties to define the best outcome. This can …

… no secret that the world is ready for real-time payments. In the age of one-click purchases - mobile commerce is the … in some of the solutions we have today, we often don’t consider the limitations of the existing payments … consumers, academics, and associations from across the country played an integral role in determining the 36 …

… systems allow money to travel where it needs to be. A down payment on a home, a student loan, an invoice paid to a local business, money sent to a family … systems. Amendments to the Canadian Payments Act are required in 2023 to allow for necessary by-law changes to …

… This article is the second in a series exploring emerging topics in payment policy. … and customer-presented. Merchant-presented is when a vendor presents their unique QR code to a consumer. The … is where a consumer displays their unique QR code generated by a payment app on their mobile device. The merchant …

… Bureau’s market study that will look at technology-led innovation and new services in the Canadian financial … sector regulators on how to ensure that regulation doesn’t unnecessarily impede innovation and competition in … challenges while struggling to evolve at the speed now required by the industry and end users. “Recognizing that …

… Modern payments is an evolution, it will always continue to progress. Join The PayPod’s guests Tracey Black, … in the evolution of payments and what still needs to be done to reposition Canada as a leader in the global payment … just the technology. We, in the past, had a reputation as a country who worked well, collaborating to provide new …

… *This article was originally published in Financial IT’s Special Sibos 2022 issue … standard that will enable data-rich payments. Financial IT: Does this mean Lynx is all about ISO 20022? MH: Yes and no. … financial system and economy by owning and operating the country’s payment clearing and settlement infrastructure, …