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4 Results from /regulation, "Payments Canada"

/regulation

Payments Canada appoints new CRO

Payments Canada, the country’s financial market infrastructure for payments, today announced that Peter Dodic joins its Executive Leadership Team as Chief Risk Officer.

/regulation

Canada completes first milestone on payments modernisation program

Payments Canada, the country’s financial market infrastructure for payments, is implementing a new credit risk model for the country’s retail payment system, effective March 12, 2018.

/regulation

Bank of Canada designates ACSS prominent payments system

The Bank of Canada announced today that the Canadian Payment Association’s (CPA) “retail” payments system, the Automated Clearing Settlement System (ACSS), has been designated a Prominent Payment System and, as such, will be subject to more stringent risk-management criteria.

/regulation

Canada calls for feedback on cheque imaging rules

According to the Canadian Payments Association (CPA), its new legal framework will soon standardize image exchange between Canadian financial institutions, and make it more efficient for financial institutions to offer Remote Deposit Capture services to their clients over multiple channels.

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