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… Ferrabee, Chief Operating Officer, Payments Canada We live in an increasingly connected world, and that is having a BIG impact on the way we pay. Cross-border payments, international standards and interoperability between systems and markets are …

… Canada is seeking feedback on its consultation paper for a new rule, as part of its point-of-service payment rules … This new rule further supports the move to digital payments and lessens consumer reliance on cash. The proposed rule, … Debit Payment Items for the Purpose of Clearing and Settlement, is written to accommodate debit card …

… the availability of ISO 20022 messages for Lynx, Canada’s new high-value payments system .  With the publication of … can use the published messages to update their applications and develop new services for Lynx participants and the wider … visit modernization.payments.ca , view our Modernization Delivery Roadmap 2019 Update and subscribe to our …

… The use cases are well known. We know how settlement and funding works. But the question remains, how will … initiate a payment transaction that rides on this new rail?  What will the user experience layer look like? … around such highly anticipated functionality as QR codes and request-for-payment messages.  Examine the business …

… Trust Company (PTC) has been granted a settlement account and loan facility from the Bank of Canada and initial approval by Payments Canada to become a new direct clearer on Payments Canada's retail batch system, …

… Payments Canada is pleased to welcome Paula Dunlop as the new Vice President, Policy, Government Relations and Research.  In this role, Paula will oversee these three important functions at Payments Canada that influence and enhance our work with key stakeholders and across the …

… expertise in product development, consumer experiences and industry partnerships. She is also a steering committee … on SAC, and wish him all the best as he embarks on his new opportunity. The Stakeholder Advisory Council debates and delivers insight to Payments Canada’s leadership team and …

… of SIA as the application provider for the country’s new high-value payments system, Lynx. This payments … procurement process for Lynx . This process has ended, and Payments Canada has selected SIA as the Lynx application … Real-Time Gross Settlement (RTGS) application solution to deliver on the needs identified during consultations for the …

… cent, reports Payments Canada. OTTAWA, December 5, 2019 - New technology and payments innovation are transforming the way Canadian consumers and businesses make payments, according to data from …