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… spoke to newly appointed Payments Canada Board Member Matthew Parker-Jones about his passion for payments. He shared … the Payments Canada Board of Directors . Can you talk about what drew you to the position? Thank you so much, it’s a … is to connect our markets to make it easier for clients to do business with us. For instance, think of an auto …

… how he and his team are working with Payments Canada and the broader payment ecosystem to bring  Lynx  Release Two to … standard being introduced globally by SWIFT and supported domestically by Lynx. We will evolve to a fully ISO … and create more value-add services for our customers. What does the introduction of ISO 20022 to the Lynx system …

… From July 27-28, 2023, Payments Canada in partnership with the Bank of Canada and the Deutsche Bundesbank , will host a workshop on payments … between academics and policymakers on issues related to the generation, governance and use of payments and …

… Payments Canada uses the SWIFT network for the transmission of payment messages … journey, and how Canada is supporting the global adoption of ISO 20022. Can you tell us a bit about your role … the better for the Canadian ecosystem in the years to come. What does the introduction of ISO 20022 in the cross-border …

… 2022, a diverse coalition of organizations from across the payment industry came together to sign an open letter to … host on this episode of The PayPod. Join me for a walk down memory lane to 2001. The first iPod was introduced that … begin, can you both tell me a little bit about your roles, what you do at your respective organizations, and how they …

… Transfer (AFT) – or batch payments - will be first out of the gate.  We are looking forward to seeing this important … to enhance “legacy” AFT.  This tells me that AFT – what I call the workhorse of the payments system - is due … That’s because not everything needs to be real time, so it doesn’t require the investment of real time. Batch payments …

… payors, like insurance companies, stand to benefit the most from payments modernization. Payments Canada asked … insurance customers will have a better understanding of what percentage of each claim was covered, and why. All this … In today’s world, the insurance company has to track down the customer by phone or email when a monthly premium …

… In the cheque imaging world, duplicate payment items … we take a closer look at key policy considerations. What might need to change as image capture and payment … automation of the cheque clearing process has created tremendous efficiencies, it also means that FIs may not scrutinize …

… change is still needed. Payments Canada welcomes the opportunity to provide input on regulations that will … also be expanded to include eligible PSPs, credit union locals and systemically important Canadian Financial Market infrastructures. To do that, changes to the Canadian Payments Act , which sets …