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… Payments Canada has submitted its response to the Bank for International Settlements (BIS) Committee on … of ISO 20022 is an integral step in a smooth transition from the existing Message Type (MT) format to the new … the harmonization requirements coming into force after the Swift MT/ISO 20022 co-existence period ends in 2025. The …

… Canada’s financial ecosystem has responded with priority to the Government of Canada’s need to support a fast, safe … and secure way for Canadian employers to receive funding from the Canada Emergency Wage Subsidy (CEWS) plan, to … than by cheque. Direct deposit facilitates the electronic transfer of funds for deposit directly into a bank account, …

… new high-value payment system, launched in August 2021. To put this landmark development into a global context, this episode of The PayPod will revisit a discussion from The 2021 SUMMIT that features an overview of the … Clement, Advisor, Payments Systems at the European Central Bank; Richard Dzina (pronounced Zina), Senior Vice-President …

… Tracking studies, and leveraging research insights to create a consumer/business payment narrative and drive … customer experience research. He holds MBA and BBA degrees from the Schulich School of Business (York University) … up 63 per cent of total payment volume. Electronic funds transfer (EFT) represented 15 per cent of payment volume, …

… On our journey to implement a new real-time clearing capability (RTR) in … systems to launch in the world, so there is a lot to learn from that experience. Everyone thought that the real-time … push payment solution for consumers with Interac e-transfer – other countries such as the U.S. don’t have this. …

… because we do not yet have the frameworks in place to support new payment experiences -- some that are … the founding members of Paytechs of Canada, Ben Harrison from Portage, Harinder Takhar of PayTM labs, Lawrence Cook … €5, and the only way I could actually send it was by wire. So the wire cost me $35 to send a €5 payment, and I …

… account at the Bank of Canada and what the future has in store for payment innovation. What was the motivation behind … real-time cross border payments and more. Aside from direct access to Payments Canada systems, what other … services for consumers. For instance, Wise (previously TransferWise) was able to completely transform the …

… Payments Canada today announced the selection of Mastercard’s Vocalink as … how consumers, businesses, and governments benefit from the efficiency, transparency, and innovation they … pre-authorized debits, direct deposits, bill payments, wire payments and cheques. Payments Canada is a proud …

… Payments Canada caught up with Dougal Middleton, Vice President Payments Modernization Business Lead, … prioritization and decision support around the program from an Enterprise perspective. I work closely with all of … domain. In Canada we’ve been well served by Interac e-transfers for consumers for many years. However, the …