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… takes strong business continuity planning. So how is the payments industry responding to COVID-19? Peter Dodic, Chief Risk Officer at Payments Canada, and Sonia Baxendale, President and CEO of … me break it down a little bit for you. Late last year, we updated and tested our crisis management plan. Peter Dodic: …
… message specifications for Lynx , Canada’s new high-value payment system, support financial institution participants … and process customer and financial institution wire payments in Lynx. Please email ISO20022@payments.ca for supporting information or questions. Lynx …
… Payments Canada has released its latest discussion paper, Modelling and forecasting the volatility dynamics of payment transactions in Canada’s payment systems. In this paper, total payment volume and …
… and preventing new ones. Our commitment to accessibility Payments Canada is responsible for Canada's payment clearing … infrastructure, including associated systems, by-laws, rules and standards. In fulfilling our mandate, we have a duty to promote the efficiency, safety and …
… of Canada’s spending and policy priorities for this year. Payments Canada supports the government’s plan for a strong … and affordable economy, which aligns with our statutory mandate. However, we are disappointed that amendments to the Canadian Payments Act (CP Act) to expand Payments Canada’s membership …
… three data governance and privacy issues within the payments industry DISCLAIMER: Articles are written to … views of the author(s), and are not intended as an official Payments Canada statement or position. Summary As artificial … be achieved by using anomaly detection techniques to validate client transactions and detect patterns that indicate …
… institutions. Information in the FIBD is drawn from Payments Canada’s Financial institutions file (FIF) database and is updated weekly, based on information received from members. … numbers are provided in two formats: one for electronic payments, and the other for MICR-encoded paper payment …
… The Payment file validation service (PFVS) is designed to reduce the time and effort required to test and validate client-generated payment files during the client onboarding process. … The …
… on May 8, 2024. By Jon Purther, Director of Research, Payments Canada. Jon will be speaking at The SUMMIT on May 29, 2024, in Toronto, about Canada’s changing payment landscape. Register now to learn more about the trends, challenges and innovations shaping the payment behaviours of Canadians. Use promo code, SUMM24PCVIP …
… Payments Canada is pleased to welcome Mark Kozicki as the new Vice President, Payment Products. Mark will develop, lead and manage critical initiatives, both within Payments Canada and in the ecosystem. He will advance the …