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… on how to ensure consumers’ access to a broad range of affordable, innovative and consumer-focused services meet … industry stakeholders and policymakers to ensure regulatory frameworks are adaptive and can accommodate the evolving … businesses and consumers. The introduction of the Real-Time Rail (RTR) will also increase competition by enabling …
… Payments Canada welcomes the 2021 appointees to its Member … Council, which is more crucial than ever during this unique time in the payments ecosystem. Join us in welcoming the new … New members: * effective July 1, 2021: Community Trust (formerly Questrade): Christine Day, Chief Information & …
… Payments Canada is pleased to announce that Brent Mizzen, … vice president, market conduct policy and regulation for the CLHIA. In this role, he is responsible for payment … has worked on payment issues since 2003, starting with his time at the federal Department of Finance, where he worked …
… Tracey Black to depart; Kristina Logue and Jude Pinto … Canada Board of Directors initiates comprehensive search for successor. OTTAWA, February 7, 2024 – The Payments … and preparation for the implementation of the new Real-Time Rail (RTR) payment system in Canada, readying the RTR …
… Payments Canada asked Colin Hansen, President & CEO, … about the role his organization played in building a case for extended settlement hours in Canada. He also discussed … payments ended halfway through the day in the two Western time zones. In response to this, we put resources into …
… High-frequency payors, like insurance companies, stand to benefit the most … Mizzen, Assistant Vice President, Underwriting and Policy for Canadian Life and Health Insurance Association (CLHIA) … if an insurance company can issue a request-to-pay in real-time it will allow them to quickly get in touch with the …
… pay and get paid is no exception. This is especially true for retailers. By Stephen Yun, Senior Analyst, Market … months. Further challenges include additional fees (31%), processing delays (21%) and managing cash flow (21%). SMEs … credit is a critical lifeline for retailers, especially in times of economic downturn. An emerging payment option like …
… today issued an in-depth view of the target end state for payment system modernization in Canada, including the … will operate under an enhanced risk, regulatory and rules framework that appropriately balances the need for safety … a high value payment system that facilitates secure real-time payments with transaction finality and supports …
… Whether it’s to pay for a phone service, water, gas or property taxes, bill … H6? Payments Canada rules are an integral part of the legal framework of the national payment systems that Payments … Canada’s Rule H6 provides the regulatory framework for the processing of bill payment remittances through the ACSS by …