Payments Canada

69 results about this entity

Period: 24 Oct 2008 - 09 Sep 2024

Canadian Payments Association facilitates move to e-payments

Today, Canada joins a growing list of countries that have adopted ISO 20022, an important first step in the modernization of Canada’s payment system.

Canadian Payments Association touts ISO20022 benefits

Canada's impending adoption of the ISO20022 standard and Extended Remittance Information (ERI) will boost the use of digitised commercial payments, bringing huge benefits to the country, claims a new paper.

Cash and cheque decline in Canada heralds accelerated shift to e-payments - CPA

New research released today from the Canadian Payments Association (CPA) shows changing consumer and business behaviours and a payment system in transition.

ISO20022 adoption to drive $4.5 billion in savings for Canadian business - CPA

The Canadian Payments Association estimates that the cost benefits to businesses of a move to the ISO20022 standard could be as high as $4.5 billion over five years simply from the elimination of cheques

Canadian Payments Association sets out modernisation vision

As part of its initiative to modernize Canada's core national clearing and settlement framework and infrastructure, the CPA is creating a shared vision for the future of payments in Canada based on research, a global perspective, and industry views.

Canada to overhaul national payments infrastructure

The Canadian Payments Association has hired global consulting firm McKinsey to draw up plans to modernise the nation's core payments infrastructure.

Canadian Payments Association announces board changes

The Canadian Payments Association (CPA) today announced the election of a new Board of Directors pursuant to legislation adopted by Parliament last December.

IPF Association formed to simplify global credit transfers

A group of 21 banks, clearing houses and associated payment service providers have launched the International Payments Framework Association (IPFA).

Canada calls time on 11-year old cheque imaging programme

The Canadian Payments Association has decided to scrap an industry-wide image-based cheque clearing project after a checkered eleven year effort.