The RTR, an update on our approach to delivery and beyond
As a follow-up to last year's The SUMMIT main stage panel, Payments Canada's Chief Delivery Officer, Jude Pinto interviews executives from our Real-Time Rail delivery partners, IBM, Interac, CGI and Deloitte on the tremendous progress made on the program since The 2024 SUMMIT, and discusses the upcoming critical milestones that will bring the RTR to go-live.
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19:22
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19:22
CP Act consultation results
Earlier this year, Payments Canada issued a public consultation on policy proposals in relation to membership expansion, with the intention of collecting responses to inform drafting instructions for amendments to Payments Canada by-laws. In this episode of The PayPod, Payments Canada’s Director of Policy discusses why Payments Canada initiated this public consultation, what key themes emerged and how we will incorporate this public feedback into our by-laws.
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5:58
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5:58
2024 in review and looking forward to 2025
From the renewed momentum of the Real-Time Rail payment system, to the Retail Payments Activities Act, to open banking legislation and Canadian Payments Act amendments receiving Royal Assent, 2024 was a year of great change for payments in Canada. How will 2025 further advance modern payments for Canadians?
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26:39
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26:39
The Canadian Payment Methods and Trends report and real-time payments
Payments Canada released its annual Canadian Payment Methods and Trends report in early October, which analyzes retail payment transactions. In 2023, that number was 21.7 billion. The report compares year-over-year payment method trends and also focuses on how payment innovation has evolved Canadian purchasing behaviours and preferences. Wearables, Generative AI (GenAI) and home device and social platform purchases figured prominently, but with real-time payments coming to Canada, how will the payment landscape adopt, adapt and change?
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22:35
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22:35
The RTR, a team Canada approach to delivery and beyond
The real-time movement of money enabled by the RTR will give Canadians more control over their finances by allowing payments to be cleared and settled in seconds and providing greater confidence that payments have been finalized. In this episode of The PayPod, Payments Canada and the RTR’s strategic partners discuss collaboration, security, resiliency and how the made in Canada RTR system will change payments for all Canadians.
The PayPod is Payments Canada’s multi-episode podcast which explores the trends and topics influencing payments in Canada and around the world. Hear Elizabeth Dempsey, Lead, Event Content and Communications at Payments Canada and host of The PayPod, interview leading experts and respected thought leaders about the changing payments landscape, the needs of Canadians and the future of modern payments.
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