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CPA Seeks Nominations for Stakeholder Advisory Council

  • By Staff Writers
  • Published: 2012-10-23

The Canadian Payments Association is inviting stakeholder organizations to nominate individuals for membership on its Stakeholder Advisory Council (SAC), one of the key channels through which the CPA obtains input from the users of Canada's payment systems. Council members represent the views of the CPA's broad stakeholder base, including consumers, businesses, retailers, and governments, as well as related service providers.

Ideal nominees effectively represent the views of their community of users or service providers, work cooperatively with other stakeholders with diverse perspectives, and actively contribute to the CPA's Stakeholder Advisory Council. Nominees should have:

  • Current responsibility for, or experience in, payment-related matters or financial operations
  • A working knowledge of Canada’s payment, clearing and settlement systems and
  • Previous experience in representing a stakeholder community.

A completed nomination form, along with a curriculum vitae (CV), must be submitted for a nominee to be considered for membership on the SAC. The deadline to submit nominations is Monday, December 31, 2012.

Examples of recent initiatives on which the SAC has provided input include: proposed amendments to CPA rules to facilitate mobile payments (including offline debit transactions and PIN-less point-of-service transactions); the development of the CPA's Technology Strategy; the CPA's Image Project (an initiative which has created enhanced efficiencies in the clearing system via the use of image technology); a proposed framework for bill payment error corrections; and the analysis of a modernized, international set of standards for the payments sector.

In 2012, the SAC established a list of the top five priorities that stakeholders in the payments system believe merit action.

More details on the SAC, the nomination process, and the criteria for appointment are available here.

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