Search results
… ISO 20022 AFT on-boarding, registration and testing Payments Canada has developed the … CPA accepts no responsibility for any consequences arising from the use of the draft messages. All drafts are subject …
… Canadian Payments Association (CPA) has uncovered a common vision for payments in Canada, working with organizations … Canada’s competitive position. The findings, outlined in Vision for the Canadian Payments Ecosystem , are the result … systems. Canada is moving towards modernization, learning from those who have already implemented changes. The CPA’s …
… real-time payments system, the Real-Time Rail (RTR) . This announcement follows a selection process that included participation from the Bank of Canada. The exchange solution provided by … payment messages. The partnership will leverage Interac’s existing infrastructure in Canada’s payment ecosystem and its …
… for the country’s new high-value payments system, Lynx. This payments Modernization milestone is the outcome of an extensive procurement process with participation from key industry partners, including Canadian financial …
… of organizations, including members and non-members, from across the payment industry to make a collective … Canada membership to include local credit unions, RPAA-registered payment service providers and financial market … their payment needs. Read the joint letter below. Dear Minister Freeland, Re: Canadian Payments Act Amendments to …
… This COVID-19 pandemic has highlighted the value of everything … We can fill endless days by calling up our favourite shows on demand and social distancing has been made easier as we replace ‘being there’ with digital interactions. From a payments perspective, use of cash has declined …
… Tracey Black to depart; Kristina Logue and Jude Pinto appointed interim co-Chief … Black , who joined Payments Canada in 2018, made the decision not to renew her term as President and CEO of Payments … co-CEOs. Kristina and Jude will work closely with support from our exceptional executive leadership team. I look …
… to the Bank of Canada’s public consultation on draft supervisory guidelines for the Retail Payment Activities Act (RPAA) . This consultation sought feedback from the payment ecosystems on the following aspects of the … with third-party service providers as defined in the RPAA. However, Payments Canada encourages the Bank to further …
… management of credit, liquidity, operational, and other risks through the Real-Time Rail rules is developed to minimize the transmission of negative shocks … and a broad set of member institutions, with input from stakeholders. Any deviations from this agreed upon …
… of Lynx , Canada’s new high-value payment system. Lynx is replacing the Large Value Transfer System (LVTS), which … the Bank of Canada”. “Canada’s economic and financial welfare depends critically on payment systems that operate … Canada’s Modernization program through its transition from the current LVTS clearing system to Lynx. As part of …