Payments Canada

65 results about this entity

Period: 24 Oct 2008 - 17 Apr 2024

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Canada's real-time payment system won't launch before 2026

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Canada's real-time payment system won't launch before 2026

The launch of Canada's oft-delayed Real-Time Rail (RTR) payments system will now not happen until at least 2026, with new tech partners IBM and CGI brought in to the process.

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Payments Canada seeks new CEO as Tracey Black resigns

The Payments Canada Board of Directors today announced that Tracey Black, who joined Payments Canada in 2018, made the decision not to renew her term as President and CEO of Payments Canada.

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Payments Canada boss quits

The Payments Canada Board of Directors today announced that Tracey Black, who joined Payments Canada in 2018, made the decision not to renew her term as President and CEO of Payments Canada.

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Payments Canada selects Nexi to ensure RTGS resilience

Payments Canada, the organization responsible for Canada’s payment clearing and settlement infrastructure, has selected Nexi to further enhance the resilience of Lynx, Canada’s high-value payment system.

/payments

Payments Canada taps Nexi to boosts RTGS system's resilience

Payments Canada, the organization responsible for Canada’s payment clearing and settlement infrastructure, has selected Nexi to further enhance the resilience of Lynx, Canada’s high-value payment system.

Payments Canada further delays real-time payment launch

/payments

Payments Canada further delays real-time payment launch

Payments Canada is to conduct a second review of its proposed Real-Time Rail (RTR) payments system, pushing the delivery deadline for the troubled project further into the future.

Payments Canada Summit: open access and open banking

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Payments Canada Summit: open access and open banking

Payments Canada is pushing hard for the government to open up access to the country's payment systems to local credit unions and payment service providers this year, CEO Tracey Black told the organisation’s summit in Toronto on Wednesday.

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Payments Canada welcomes Donna Kinoshita as chief payments officer

Payments Canada, Canada’s financial market infrastructure for payments, today welcomed Donna Kinoshita to its Executive Leadership Team in the role of Chief Payments Officer, effective May 2, 2023.

Payments Canada, AusPayNet and EBA Clearing complete ISO 20022 cutover

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Payments Canada, AusPayNet and EBA Clearing complete ISO 20022 cutover

In line with a March 2020 deadline, EBA Clearing, AusPayNet and Payments Canada have converted their large value payments systems to accommodate the new data rich messaging format ISO 20022.

Canadian government urged to open up access to payment systems

/payments

Canadian government urged to open up access to payment systems

A host of financial organisations have sent a joint letter calling on Canada's minister of finance to open up access to the country's payment systems to local credit unions and payment service providers.

Canada latest to delay ISO 20022 migration

/payments

Canada latest to delay ISO 20022 migration

Canada's high-value payment system's move to ISO 20022 will be delayed until March in order to keep in step with the recently postponed migration to the message standard by Swift and the Eurosystem.

Canada's real-time payments system's launch delayed

/payments

Canada's real-time payments system's launch delayed

The launch of Canada's Real-Time Rail (RTR) payments system has been pushed back from the middle of next year to an as yet undetermined date.

/payments

Pandemic changes long-term payment preferences for 43% of Canadians

Today, Payments Canada released its annual Canadian Payment Methods and Trends 2022 report, which analyzes 19.7 billion payment transactions made in 2021, totalling $10.8 trillion, and highlights trends that are transforming the Canadian payment landscape.

TCS named integration lead for new Canadian real-time payments system

/payments

TCS named integration lead for new Canadian real-time payments system

Payments Canada has picked Tata Consultancy Services (TCS) as the integration lead for the country's new real-time payment system.

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Canadians cautiously optimistic about financial outlook – but continue to tighten spending

Despite the economic turbulence from the pandemic, new data from Payments Canada indicates that Canadians feel that the worst may be behind them and are cautiously optimistic about their financial well-being.

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Pandemic sparks evolutionary year for Canadian payment landscape

Today, Payments Canada reveals its annual Canadian Payment Methods and Trends 2021 report, which analyzes 20 billion payment transactions made in 2020, totalling $9.4 trillion, and discusses trends that are transforming the Canadian payment landscape.

Canada's high-value payment system launches

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Canada's high-value payment system launches

Payments Canada has launched Lynx, the country's new high-value payment system, which has been built with technology partners IBM and SIA.

/payments

More than half of Canadians experience payments friction

Consumer payment options and frictionless transactions are critical to drive business advantage in an era of digital payments — Canadians seek more payment choices, including to pay bills and taxes.

EBAday 2021: Payments transformation and the road to success

/payments

EBAday 2021: Payments transformation and the road to success

Finextra Research and the Euro Banking Association today welcomed the global banking community to EBAday 2021. Running from 28-30 June, the virtual conference is being led by some of the most influential leaders and practitioners in the financial services sector, and dives into the current and future trends of the European and international payments landscape – as well as the latest developments across digital banking, liquidity management, open banking, real-time payments, and more.

/covid-19

Canadians still spending less than pre-Covid; digital-first mindset here to stay

Payments Canada released the latest data on Canadian payments trends since the onset of COVID-19, showing that spending below pre-pandemic levels continues, and that Canadians demonstrate an ongoing reluctance to handle cash, payment terminals and ATMs.

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