Creating a Leading-Edge Payments System: A transformational journey at the Canadian Payments Association

Date: May 21, 2015
Location: The National Club, 303 Bay Street, Toronto
Time: 11:30 am Registration/ 12:00 pm Lunch and Presentation

Find out how the CPA is transforming its operations and vision in 2015 and beyond to ensure a leading-edge payments system that responds to the changing payments environment and the future needs of Canada’s financial system. The payments ecosystem is evolving at an unprecedented rate with the introduction of new technology, products and new industry participants. At the same time, enhanced global standards for risk management are being implemented and regulators are reviewing the governance, oversight and public policy objectives of payments systems around the world. We’ll check in on the progress of key initiatives, such as image-captured payment exchange. Plus, you’ll learn about how recently-passed federal legislation and a new CPA Strategic Plan will help shape the modernization of payments in Canada.


Michaela McBean
Director, Payment Operations

Michaela McBean is the CPA’s Director of Payment Operations.  Michaela is responsible for overseeing all business aspects related to the operation of the national clearing and settlement services provided by the CPA, including the Automated Clearing Settlement System (ACSS) and the Large Value Transfer System (LVTS) and advising executive management on business operational issues.  Michaela recently returned to payment operations after several years in the CPA’s Corporate Services group, where she directed the corporate planning and scorecard reporting function as well as corporate HR.  During the early part of her career at the CPA, she was part of the CPA’s payment services team managing day-to-day support for the operations of the core payment systems and related industry-wide projects.  Michaela holds a bachelor’s degree in Economics from St. Francis Xavier University and represents the CPA’s business operations interests on various member-based and international forums.

Photo by Darren Brown. All rights reserved.Janet Lalonde
Manager, Payment Operations

Janet Lalonde is the Manager of Payment Operations within the Payments & Industry Relations division of the CPA. Janet has more than 20 years experience in the financial industry with a strong focus on the clearing and settlement of retail payments including paper processing, electronic payments and cheque image exchange. Janet is a former co-chair of the National Clearings Committee, mandated with the efficient operations of the Automated Clearing Settlement System (ACSS), and led the CPA initiative to create a framework of rules and standards to allow for the exchange of Clearing Replacement Documents and cheque images between Canadian FIs. She has presented at a number of industry events including the Canadian Financial Operations Symposium, the Float Management and Payment System Roundtable, ECCHO Operations Committee and CPA’s Payments Panorama.


Cost:  Members – No Charge
Non-Members – $70 + HST

Registration Details: Be sure to reserve your place for this very informative session.  Please RSVP to Vivien Hall-Cho at no later than noon on Friday, May 15, 2015.
If you are a member and unable to attend, you may send someone in your place for free, just one of the benefits of membership with TMAC-Toronto.  Just e-mail Vivien to let her know the name, company and e-mail address of the person you will be sending so that we can be ready to welcome them.

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