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… Payments Canada has released its latest discussion paper, De-Tiering Large Value Payment Systems: The Case of the … are to encourage direct participation, i.e. ‘de-tiering’ the system. However, it is not clear what impact de-tiering would have on the topology of payment flows. This …
… the interests and views of the author(s), and are not intended as an official Payments Canada statement or position. Summary This piece provides a summary of the key factors that drive the emergence of … More specifically, the piece highlights key considerations surrounding the measurement, monitoring, and …
… introduced an alternative payment option to their riders: the ability to tap their debit or credit card to pay for a fare. A few months later, … and Toronto Transit Commission and Laval, Quebec’s Société de transport de Laval . Now, millions of Canadians have a …
… Merchants can now more easily offer debit option as an alternative to cash for small purchases … OTTAWA, January 30, 2020 – Though Canada is a global leader in debit card use, Canadian consumers have not been able to use …
… he’ll be talking protection—and how ISO can enhance fraud detection . About Martin Martin Kyle is Director, … the primary liquidity manager, payments processor and trade association for member credit unions in B.C. and Ontario. … operational risk at Central 1 where he applies his understanding of cyber security, business continuity, software …
… pursuant to legislation adopted by Parliament last December. The new board will be chaired by Eileen Mercier , … will help lead the CPA as it implements its strategy to modernize Canada's core national payments infrastructure as … engagement forum for the CPA's membership, and will provide advice and counsel to the board. It will work alongside …
… Pre-authorized debits (PADs) are a convenient way to pay bills and make … your bank account is serious business, and you need to understand your rights and responsibilities. Payments Canada … and protect against improper withdrawals. If you need detailed information, Rule H1 (which applies to PADs) is …
… Pre-Authorized debits (PADs) are a powerful tool for businesses. They are sometimes called direct debit, pre-authorized chequing (PAC), pre-authorized … customers' bank accounts for the goods or services you provide. Business PADs arrange payments for goods or services …
… capabilities with our business partners across the bank and demonstrate how our investments in payments modernization can help them realize their strategic goals and … payments landscape. Our objective from day one has been to de-risk Scotiabank’s Lynx go-live by being proactive in …