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… OTTAWA, May 9, 2017 – Dropping the $1,000 note and penny from our currency pales in … to pay a fee (70%) for such convenience, a surprisingly high percentage of respondents (48%) are willing to trade a … two thirds of Canadians. In mobile banking, just over a quarter (27%) have deposited a cheque using their smartphone …
… Susan Hawkins, President and CEO of Payments Canada, took the stage to … in terms everyone can feel I want to make this concrete, because this matters far beyond the walls of financial … before he flew around the moon. When he came back, he did not talk about what he had achieved. He talked about …
… Canada to talk more about the appetite amongst small businesses to modernize payments and how Square is meeting this … Perhaps most interesting, though, we found that over one-quarter of cash- and cheque-only small businesses in Canada … traditional set-up processes, is online and self-serve. Because of the way we approach risk, our acceptance rates …
… payments system, Lynx. This payments Modernization milestone is the outcome of an extensive procurement process with participation from key industry partners, including Canadian financial … have been chosen to implement Canada’s new payments system because it’s a further confirmation of our critical role in …
… Canada and New Zealand share more than a few commonalities, including the sovereign whose face is featured on our … are being driven by ecosystem collaboration. What role did collaboration play in introducing New Zealand’s new … Conversion to ISO 20022 will be relatively easy for RBNZ because our payments system’s software is already used in …
… While technological advancements in payments create many benefits for consumers, they also … What role does digital identity play in preventing fraud? Because the UK was the first into instant payments, we were … is starting from a slightly different place than the UK did. There are already protections in place, such as the …
… This article was originally published on innovatingcanada.ca on October 2, 2026. Author Donna … younger generations, with Gen Z experiencing significantly higher rates of scam attempts and financial loss compared to …
… What happens when your favourite ride-sharing, shopping or accounting app starts offering a debit card, credit line or instant … reporting regulation all of those overheads. So what we did was we started moving towards infrastructure as a … kind of mode just you know what, you don't die, you just fade away. And that's been put to the side at least in the …
… The High Value Payment System Plus (HVPS+) group, whose mission … to drive best practices and proper usage of payment messaging standards for interoperability and harmonization across high value payment … bring this up is because actually HVPS+ team, they recently did a similar task where we looked at the HVPS+ plus …
… public consultation on the Modernization Target State , an in-depth view of the target end state for payment system … Most recently, Payments Canada delivered the first major milestone of the initiative. Effective March 12, a new … who is interested in learning more to subscribe to our quarterly stakeholder newsletter, The Exchange . For more …