The PayPod Payments Canada

In the 2023 Fall Economic Statement (FES), the federal government committed to amendments of the Canadian Payments Act (CP Act). This is tremendous news for the Canadian payment ecosystem, because we are now on the path to expanded Payments Canada membership and participation in our national payment systems. Expanded access means more opportunities for regulated entities and more choices for Canadians. So now what?

Modern payments is an evolution, it will always continue to progress. Join The PayPod’s guests Tracey Black, President and CEO of Payments Canada and her former colleague and mentor, senior financial services executive John Ambrose as they discuss mentorship, how far we’ve come in the evolution of payments and what still needs to be done to reposition Canada as a leader in the global payments ecosystem.

In this episode, we take you back to the main stage of The 2023 Payments Canada SUMMIT. Industry experts from across the payment ecosystem share insights and perspectives on some of the most important challenges and opportunities facing the payment industry today. Topics discussed include: how broadening access to Canada’s payment systems will benefit businesses, consumers and the economy; why the Canadian Payments Act and the Retail Payments Activities Act are needed to support innovation, modern payment regulation and consumer protection; why there couldn’t “BE” a better time for open banking in Canada; the benefits that faster payment options will bring to Canadian consumers and businesses, and much more. 
GuestAbraham Tachjian, Open Banking Lead, Department of FinanceGrant Mackenzie, President and CEO of Peoples GroupHanna Zaidi, Chief Compliance Officer, Payments, at WealthSimpleNick Catino, Global Head, Policy & Social Impact, WiseRon Morrow, Executive Director, Supervision, Bank of CanadaTracey Black, President and CEO of Payments CanadaVisit payments.ca to learn more about Payments Canada. 

In December 2022, a diverse coalition of organizations from across the payment industry came together to sign an open letter to the Minister of Finance to make a collective request of the federal government to amend the Canadian Payments Act to broaden Payments Canada’s membership. Broader access to our membership will support the introduction of new participants in Canada's payment system, and provide greater choice for Canadians and Canadian businesses in addressing their payment needs. 
In this episode of The PayPod, supporters of the letter, Cyrielle Chiron, Senior Vice President, Product Strategy and Innovation at Peoples Group, and Nick Cicchino, Vice President, Shared Services at Meridian, discuss the importance of payments, of broader access to Canada's payment systems and the need for payment legislation that keep pace with innovation in today’s digital world. 
GUESTSCyrielle Chiron, Senior Vice President, Product Strategy and Innovation, People’s GroupNick Cicchino, Vice President, Shared Services, Meridian Lisa Sattler, Senior Advisor of Public Policy, Payments Canada (guest host)

According to recent research from Payments Canada, there’s an alarming gap in working Canadians' understanding of their paycheque details. In fact, nearly half of respondents say they pay more attention to the weather or their social media channels than their pay information. In this episode of The PayPod, guests discuss the importance of financial literacy in today’s increasingly digital world and the ways in which innovation in payments will offer ease of access to financial information. 
HOST: 
Liz Dempsey, Lead, Event Content and Communications, Payments CanadaGUESTS: 
Dr. Supriya Syal, Deputy Commissioner of Research, Policy and Education, Financial Consumer Agency of CanadaKristina Logue, Chief Financial Officer, Payments Canada

This episode of The PayPod takes us back to the virtual stage at The 2022 SUMMIT. Moderated by host Cyrielle Chiron, this interactive discussion explores the biggest takeaways from speakers at this year's event and their predictions about what payment trends and topics will be discussed next year at The 2023 SUMMIT, taking place in Toronto from May 3-5.

GUESTS: 
Lisa Lansdowne-Higgins, SVP, Business Transformation & Deposits, Royal Bank of Canada
Hanna Zaidi, Chief Compliance Officer, Wealthsimple
Anna Rossetti, Banking Partner, Kyndryl
Akshay Rumalla, Head, Consulting & Analytics, Visa Canada