Payments Canada Updates Automated Clearing and Settlement System Rules to Enhance Payment Processing
Crowdfunder Insider
"On April 28, 2025, Payments Canada implemented significant updates to the rules governing the Automated Clearing and Settlement System (ACSS), a critical infrastructure for processing electronic payments in Canada. The amendments specifically target bill payment incident management, payment tracing facilities, and the treatment of funds transfer pre-authorized debits (PADs)."
