LVTS

Payments Canada Announces CEO Transition

Retrieved on: 
水曜日, 2月 7, 2024
Transfer, Partnership, Black, CFO, Human resources, Strategic management, RTR, Safety, ISO, Ecosystem, Payments Canada, Large Value Transfer System, LVTS, Black's, CDO, Business, Management

Tracey Black to Depart; Kristina Logue and Jude Pinto Appointed Interim Co-Chief Executive Officers, Effective April 1, 2024, Board Initiates Comprehensive Search for Successor

Key Points: 
  • Tracey Black to Depart; Kristina Logue and Jude Pinto Appointed Interim Co-Chief Executive Officers, Effective April 1, 2024, Board Initiates Comprehensive Search for Successor
    OTTAWA, ON, Feb. 7, 2024 /CNW/ - 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.
  • "On behalf of the Payments Canada Board of Directors, and all of our employees, members, and stakeholders, I want to thank Tracey for her many contributions to the organization through her leadership over the past five years," said Garry Foster, Chair of the Payments Canada Board of Directors.
  • "Tracey's leadership has been crucial to the progress Payments Canada has made in modernizing the payment ecosystem in Canada and positioning the organization for the next phase in its advancements.
  • I feel extremely confident that Payments Canada, our members, partners and employees are in excellent hands – and perfectly poised for the next phase of continued payment innovation in Canada."

Payments Canada introduces data-rich messages to high-value payments in Canada with Lynx Release Two

Retrieved on: 
火曜日, 3月 21, 2023
Transfer, IBM, Nexi, Payments Canada, Swift, ISO 20022, Bank, Travel, LVTS, Large Value Transfer System, Automation, ISO, Online shopping, Lynx

OTTAWA, ON, March 21, 2023 /CNW/ - Today, Payments Canada announced the launch of the second release of Lynx , Canada's high-value payment system.

Key Points: 
  • OTTAWA, ON, March 21, 2023 /CNW/ - Today, Payments Canada announced the launch of the second release of Lynx , Canada's high-value payment system.
  • The second release of Lynx introduces the ISO 20022 financial messaging standard which allows richer data to travel with each payment.
  • "The introduction of ISO 20022 messaging on the Lynx payment system represents a massive collaborative effort between Payments Canada, our member participants, the Bank of Canada and our technology partners IBM and Nexi," said Tracey Black, President and CEO at Payments Canada.
  • "Payments Canada is proud to bring the benefits of ISO 20022 to Canadians through Lynx at the same time as the global payment community.

Payments Canada launches Lynx, Canada's new high-value payment system

Retrieved on: 
水曜日, 9月 1, 2021
Transfer, Finance Secretary (India), Ecosystem, BMO, ATB, Treasurer, National bank, SWIFT, Alberta, Scotiabank, Payment, Laurentian Bank of Canada, LVTS, Growth, Technology, RTGS, HSBC Bank Canada, BNP Paribas, Leadership, Efficiency, Automated clearing house, Central, API, Bank of America, Desjardins, National Bank of Canada, ISO, Digital banking, ICICI Bank, Senior, Bank, Safety, First Nations Bank of Canada, Head, Marketing, ATB Financial, Compliance, Bank of Canada, IBM, ACSS, Real-time gross settlement, CIBC, RBC, Payment card, Management, Financial services, Mobile phone, Cryptocurrency, Online shopping

Payments Canada is a public purpose organization that owns and operates Canada's payments systems, Lynx and the Automated Clearing and Settlement System (ACSS).

Key Points: 
  • Payments Canada is a public purpose organization that owns and operates Canada's payments systems, Lynx and the Automated Clearing and Settlement System (ACSS).
  • Payments Canada is working closely with the payments ecosystem to modernize Canada's payments systems to ensure Canada and Canadian businesses remain globally competitive.
  • - Anindo Chakrabarty, Head of Payments and Clearing Canada, BNP Paribas
    "Central 1, on behalf of the Group Clearer, is pleased to be among the 16 direct participants working with Payments Canada and Bank of Canada to implement this important new system for high value payments that anchors almost every payment made in Canada.
  • "ICICI Bank Canada is privileged to be part of this journey to modernize the Canadian payment industry, led by Payments Canada.