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… competition. Payments Canada’s submission aligns with efforts to promote changes to the Canadian Payments Act that … of digital payments and the acceleration of this trend over time, 3 it is necessary that Canada have a policy toolkit … States has been actively updating its competition policy framework in recent years. In 2021, President Biden signed …

… the future of payments policy, products, services, and processing. The 2019 agenda is centred around six key … be shared with participants post-conference and in various formats during the conference. In preparation for last … Bitcoin would stay within $5,000 of the price at the time (CDN$12.3K on May 14, 2018), while 24% felt the price …

… Canada, the country’s financial market infrastructure for payments, today announced new rules that will enhance … organizations can pay employees electronically at the same time rather than issuing cheques one by one. The payment … system and operationalizing a new credit risk model and framework for the retail system. “These initial enhancements …

… As the central credit union for British Columbia and … Central 1  settles billions of dollars in Canadian wire payments over Canada’s Large Value Transfer System (LVTS) … to offer better customer experiences. For example, real-time payments will help businesses improve their cash flow …

… switching to electronic invoicing, whether it makes sense for all businesses to do so, and the impact of ISO 20022 on … and discrepancies; quicker approval cycles; increased on-time payments; increased ability to capture discounts; fewer … be aware of and interested in implementing Straight-Through Processing (STP), which might be considered the pinnacle of …

… have received Royal Assent, the final step required for a bill to become law. The changes were included in the … is the Retail Payment Activities Act (RPAA) , a legislative framework that assigns the Bank of Canada the responsibility … our systems. The third piece is Canada’s forthcoming Real-Time Rail (RTR), a new national real-time payment system …

… Payments Canada recently announced that  Shawn Van Raay  will join the executive leadership team as Chief Information Officer, effective October 1, 2022. Shawn joined … made a significant contribution to Payments Canada in the time he has been with us. His extensive knowledge of the …

… The last time we sat down with Peter Dodic, our Chief Risk Officer at Payments Canada, it was to talk about  the foundational role … despite the evolving nature of the COVID-19 pandemic. For more on this topic, we checked back in with Peter.  How …