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… Launch represents another milestone in payment innovation OTTAWA, … 1, 2021 - Payments Canada announces today the launch of the first release of Lynx , Canada’s new high-value … and Settlement Act , Lynx will process large value, time-critical payments (i.e. wire payments) with real-time …
… Pre-authorized debits guide Pre-authorized debits (PADs) are a convenient way to pay bills and make payments automatically. Instead of waiting for its customer to send a payment, a company or … Plan (RRSP), for example. Pre-authorized debits are sometimes called direct debit, pre-authorized chequing (PAC), …
… Payments Canada’s 2017 Methods and Trends Report shows credit cards leading the pack, the rise of mobile / online banking and the advent of social media … of transactions are completed via credit cards. At the same time, more Canadians are choosing to tap their cards or …
… Hydro-Québec is market-leading when it comes to payments modernization. … Services Manager to talk about preparing to take advantage of modern payments, and how they see ISO 20022 - a global … ago, we estimated that 40 per cent of our payments at the time were made electronically, and 60 per cent were a mix of …
… Recently, Payments Canada welcomed Daniela Aubry, Deputy Chief Payments Officer, Head of Client and Customers at Metrolinx as our … (credit and debit payments), the world’s first real-time mass transit transaction open payment solution, across …
… The first quarter of 2023 saw the continued seamless operation of Canada’s national payment systems. The Automated Clearing … with the global payment community; a once-in-a-lifetime migration undertaken by financial institutions in over …
… This article is the first in a series that explores emerging … them. The 2022 Federal Budget addressed the digitalization of money in an effort to help maintain the integrity of the … decide to proceed with CBDC. In particular, could the Real-Time Rail (RTR) payment system be leveraged for a CBDC and …
… Analysis of 27 modern payment systems uncovers common features … – Research released today by Payments Canada and the Bank of Canada exploring payment system modernization initiatives … most modernization initiatives involved: Adding a new real-time retail system, not necessarily accompanied by real-time …
… OTTAWA, July 23, 2015 - The Canadian Payments Association (CPA) today announced the election of a new Board of Directors pursuant to legislation adopted … effectively consider a broader range of user interests at a time of rapid change in the Canadian payments system," said …
… The Canadian payments landscape is rapidly changing. The Business of Payments program, offered in partnership with the Rotman … new opportunities it provides. There hasn’t been a better time to turn your payment knowledge into an industry …