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… The CPA supports the introduction of new payment methods and technologies while carefully monitoring … the importance of understanding the risk of duplicate payment items (duplicates) in the cheque imaging world. We … originate within the banking system. This could be due to internal system or printing issues, or employee …

… Read the response to FINA’s 2023 pre-Budget consultation Payments Canada has submitted a written response to the … is centered around the recommendation to amend the Canadian Payments Act to expand Payments Canada’s membership … payments modernization, regulatory changes are required. To date, the federal regulatory framework for electronic …

… cent  OTTAWA, November 17, 2020 – Evolving technology and payments innovation continues to transform the way Canadian consumers and businesses make payments, according to new data from Payments Canada’s … expected to continue to favour contactless payment methods due to concern around transmitting the virus through surface …

… in 2016–17, and to extend the current statutory sunset date by two years to March 29, 2019. Introducing a Bank …

… Canada’s payments Modernization program is moving along quite nicely … AFT – what I call the workhorse of the payments system - is due for a day in the sun. Our Modernization journey began … Canada wanted to retain. Our international research validated this. Of the many countries whose payments …

… to the success of the Canadian economy and inclusive payments and payment systems play a pivotal role. Elizabeth Mulholland, … the context of a safe and well-regulated payment system. To date, access to our payments infrastructure has been limited …

… system as part of Release Two will set the foundation for payment innovation to take place in Canada over the coming … handling of participants’ end-of-day balances, major updates to various legal agreements and revamping our … across business processes Minimized risks/errors due to straight-through-processing Improved data quality …

… 15 per cent of Canadians use cash to make ‘under the table’ payments.   One in 10 Canadians feel more ‘spend guilt’ … with a 59 per cent decrease in the volume of cash payments and a 41 per cent decrease in the value of cash … a concern for 52 per cent of Canadians. This is primarily due to cash being seen as a reliable, widely accepted, safe …