Track: Canadian Content

Changes to the Canadian Payments Landscape

Wednesday, October 22, 2008
10:15 a.m. - 11:45 a.m.
Room: 402 AB

Next year there will be significant changes to the payments systems and processes in Canada. This session will update the progress of the electronic cheque imaging (TECP) initiative and address many of the questions facing treasurers as the transition takes place. We will also review changes to the preauthorized debit rules, bill payments task force, pinless debits, crossed cheques and other payments initiatives.

Speakers:

• Modris Jansons
  Director, Interbank Operations and Industry Affairs
  RBC Financial Group

• Doug Kreviazuk
  Vice-President, Policy and Research
  Canadian Payments Association

Objectives

• Understand the changes to banking that will result from the introduction of imaging
• Become familiar with the timing of upcoming changes to Canadian payments
• Gain tools to assist in preparing your business for the transition

Pre-Requisites

None

Take-Aways

• Checklist for businesses - What to do to prepare for images of cheques
• Summary of new Preauthorized Debit (PAD) changes

CPA Field of Study: MAS