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… approved by the Payments Canada Board, and are in effect as of today. A PAD agreement is a contract signed between a … H1 outlines the procedures for the clearing and settlement of PADs. The amendments reflect considerable technological … that govern them,” said Shawn Van Raay, Chief Information Officer. “Amending Rule H1 now makes pre-authorized debit …

… governance and systems. We chat with Joshua Lerner, Manager of Policy and Government Relations at Payments Canada, about … that could mean for credit unions. Josh Lerner, Manager of Policy and Government Relations at Payments Canada, says … interest of your credit union and its members. This means understanding the benefits as well as the commitments …

… industry groups unite to discuss and debate the future of payments in Canada. More than 200 speakers and over 1,800 … the payment ecosystem gathered virtually on opening day of The 2022 SUMMIT to discuss a wide range of topics central … later, The 2022 SUMMIT will leave delegates with a better understanding of how the industry continues to grow, …

… Clearing Settlement System (ACSS), examined the magnitude of credit exposure when a Direct Clearer defaults. It also … exists in the ACSS – it‘s embedded directly into the rules of the system, Neville Arjani, the paper‘s author, … and effective way for our members,” Northcott said. “Understanding the risk that arises in the system is an …

… towards digital payments in Canada and there’s no sign of it slowing down. Since the onset of the pandemic, many aspects of our lives have changed. The … Yun, Senior Analyst, Market Insights, Payments Canada Understanding payment pain points Payments Canada recently …

… — Payments Canada is eager to see universal harmonization of cross-border ISO 20022 messages by 2025. Ensuring a global harmonized adoption of ISO 20022 is an integral step in a smooth transition from … Canada is keenly interested in the standards work and in understanding what the implications are for Canada, our …