Payment modernization


Payment modernization

Corporate payments end-user needs report

An independent study by Deloitte commissioned by the Canadian Bankers Association (CBA)

Payments Canada has embarked on a journey to modernize Canada’s national payments infrastructure. The banking industry through the Canadian Bankers Association (CBA), commissioned Deloitte to complete an independent study on identifying the needs of corporations to enable a future set of capabilities that can drive value for corporations, governments, and end-users alike. This report summarizes the key findings highlighting payment needs for corporates and governments across Canada.

Canada’s move toward supervising payment service providers

Be ahead of the curve

The growth and innovation within the Canadian payment ecosystem has exposed customers to new risks and as a result, require more regulatory attention. To mitigate operational and financial risks, the Bank of Canada (BoC) is introducing the Retail Payment Activities Act (RPAA). The aim is to build confidence in the safety, reliability, and efficiency of Canada's payment ecosystem while protecting end users from risks.

Download the report to learn more about the foundational pillars and key provisions of the RPAA.

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