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…   This article was originally published by innovatingcanada.ca on September 27, … ways to pay. Embracing innovation Some of the innovations influencing the purchasing behaviours and preferences of … of Canadians would still use cash if a digital Canadian dollar was introduced. Although the use of digital payments …

… DISCLAIMER: Articles are written to reflect the interests and views of the author(s), and are not … expected to be just the first step in a lengthy process. It does not propose a specific framework for consultation, and …

… today by Payments Canada and the Bank of Canada exploring payment system modernization initiatives around the … “one size fits all” approach to modernizing payments. Each country’s path to modernization is unique, shaped by local … better understand global payments systems and what will be required to retain Canada’s competitive position and …

… Jude Pinto, Co-CEO (Interim) and Chief Delivery Officer, on the … think about your own children and grandchildren or, if you don’t have children, about future generations. I personally … the potential to be just that — a generational lift for our country. And the impact of Payments for Canada becomes a …

… On October 30, 2020, Payments Canada closed its public consultation on the policy proposals outlined in the Canada’s New Real-Time Payment System Policy … and amendments to the Canadian Payments Act , which are required to permit broader participant access to the RTR.  …

… Financial inclusion is essential to the success of the … Tell us about Prosper Canada and the important work you do towards ensuring all financially vulnerable Canadians … bank account. Those who are not banked, though, are concentrated in our low-income and Indigenous populations and even …

… In the cheque imaging world, duplicate payment items … automation of the cheque clearing process has created tremendous efficiencies, it also means that FIs may not scrutinize … of the Canadian framework for the treatment of duplicates require careful consideration as image capture and payment …

… are one of the most common ways that people pay for recurring services. They can be used to pay your mortgage, utility … bills, streaming services and even to make charitable donations. The name sounds a bit technical, but whether it’s … of the ways that we do this is by amending our rules to reflect technological advancements in the payment space. This …

… OTTAWA, January 30, 2020 – Though Canada is a global leader in debit card use, Canadian consumers have not been able to … everyday purchases, such as transit payments. To offer more flexibility in payment methods for Canadian consumers and … to the underlying rule framework. “Interac welcomes the adoption of this new rule which will support acceptance of …