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… OTTAWA, June 14, 2022 - Payments Canada today announced Peoples Trust Company (PTC), part of Peoples Group, has been granted Direct Clearer status in the Automated Clearing Settlement System (ACSS) which … and soundness of Canada’s payment systems while taking into account the interests of end users. In 2021, Payments …

… The expectation of speed in the payments industry has seen a significant demand in … the moment they press ‘send.’ Similarly, merchants need to be paid faster, complete payroll and business-related … This system will be an always available system that move funds between the sender and receiver's banks within 60 …

… DISCLAIMER: Articles are written to reflect the interests and views of the author(s), and are … implements these programs to purchase assets and advance funds, we will continue to see large value payments (in the …

… for speed and convenience has sparked significant change in retail payments.Traditional financial institutions are … and collaborating on new and exciting ways for customers to pay for goods and services, and a wealth of … is enough liquidity to pay end-users, and that clients’ funds are separate from the service providers’ own assets. I …

… Read Payments Canada’s response to consultation affecting liquidity requirements. Payments … to act on its behalf for the purpose of transferring funds through Lynx. 4 In the Canadian Payments Association …

… Financial inclusion is essential to the success of the Canadian … As a result, these individuals often lack a deposit account digitally linked into the payment system, shutting …

… Returns to pre-pandemic levels with 15% year-over-year growth in transaction value OTTAWA, October 4, 2022 – Today, … a trend that accelerated during the pandemic. Cheques account for a small fraction of the total payment volume and …