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… We connected with Peter Morris, Senior Director, Payments Innovation Center of Excellence at  CIBC , about how … Bunt, Director, Modernization. The committee is responsible for providing leadership and oversight to support the design … of operation with the move from deferred netting to a real-time gross settlement system. The same-day settlement …

… Summary Payments are inevitable; they are a part of every … promote equal economic opportunity and financial well-being for all.  In this paper, we examine the barriers to payments … services. The Royal Bank of Canada (RBC) introduced a real-time multi-language interpretation application to facilitate …

… Payments Canada’s Government Relations function. Before joining Payments Canada, Gillian completed her Master … including Payments Canada’s Membership Expansion, the Real-Time Rail and the Future State of Retail Batch. Before … for expanded membership to ensure the Canadian regulatory framework keeps pace with global and domestic payment …

… Deployment will support introduction of data-rich, high-value payments in Canada . On November 5, … fully implemented, Lynx Release Two will set the foundation for payment innovation to occur in Canada. The introduction … Lynx, our country’s high-value payment system, at the same time as the global payment community in 2023. To learn more …

… by volume of transactions.  Contactless payments accounted for 53 per cent of payments.  E-commerce transactions … cheques by volume for business payments for the first time. More than one in 10 Canadians (13 per cent) used smart … detection and prevention (44 per cent), automating payment processing (37 per cent) and creating personalized customer …

… Payments Canada asked Victoria Cleland the Bank of England’s Executive Director for Banking, Payments and Financial Resilience to talk about the impact that a new generation Real‐Time Gross Settlement (RTGS) system will have on  …

… recognize the importance of adapting legislative and policy frameworks to address the evolving challenges and … technologies presents both opportunities and challenges for upholding the integrity of Canada’s financial sector. Innovations such as real-time payments, digital wallets and consumer-driven banking …

… Payments Canada recently sat down with Letitia Mentz, … Industry Capability Development and Communications Manager for The Payments Association of South Africa (PASA), to get … PASA then establishes an independent committee to enforce compliance, helping ensure member adherence and …

… The 2022 federal budget, A Plan to Grow Our Economy and Make Life More Affordable , was released yesterday, setting out the … enacted, and we remain focused on delivery of the new Real-Time Rail system, which is due to go-live in mid-2023.   …