Payments Canada continues to advance its mission of delivering secure, innovative, and inclusive national payment systems with two notable recent developments. In a move designed to fortify the country’s financial infrastructure against rising threats, the organization has appointed Patrick Boudreau as Vice-President of Fraud and Financial Crimes, with the role commencing on April 30, 2026.
Boudreau, an industry veteran boasting more than two decades of hands-on experience in fraud prevention and identity protection, previously held executive positions at leading firms including TransUnion, PC Financial, Equifax, and RBC.
Most recently, he served as Vice-President and Head of Identity Management and Fraud Solutions at TransUnion, where he collaborated closely with fintech innovators and broader ecosystem players.
In his new position, Boudreau will direct Payments Canada’s overall strategy to protect the national payment framework from evolving financial crime risks. Central to his mandate is oversight of the National Payment Fraud Services platform.
This critical tool will deliver real-time monitoring and alerting capabilities in support of the forthcoming Real-Time Rail system—the first global implementation of its kind for instant payments.
Boudreau will also act as a key bridge between Payments Canada, its members, regulators, and external partners such as the National Anti-Scam Coalition.
By championing enhanced collaboration and secure data-sharing practices, he aims to equip the entire sector with faster, more coordinated responses to emerging threats.
The appointment reflects Payments Canada’s unwavering focus on building a payment ecosystem that underpins economic prosperity, productivity, and public safety.
Complementing this leadership enhancement, Payments Canada has formally welcomed DoBusiness.com—operating as uSecure Escrow Solutions Inc.—as its newest payment service provider member.
The approval, announced on April 16, 2026, adds an enterprise-grade banking software-as-a-service platform to the growing roster of PSP participants. DoBusiness.com joins five other PSPs approved earlier this year, illustrating the accelerating diversification of the membership base.
This trend follows recent federal amendments to the Canadian Payments Act, which opened the door for supervised PSPs under the Retail Payment Activities Act to join, thereby fostering greater competition and innovation within Canada’s payment infrastructure.
Donna Kinoshita, Chief Payments Officer at Payments Canada, emphasized the significance of the addition.
She noted that incorporating specialized enterprise SaaS providers alongside traditional members introduces valuable new viewpoints that will help shape a more responsive and inclusive payment environment.
In turn, this evolution promises Canadians expanded choices and greater resilience in how they move money.
Shayle Rothman, Chief Executive Officer and Co-Founder of DoBusiness.com, expressed pride in the milestone. He highlighted how the company’s verified payment infrastructure already helps financial institutions, fintech firms, and enterprises process transactions safely and efficiently.
Membership now positions DoBusiness.com to collaborate directly with industry leaders in building a modern, real-time, and fully interoperable payments network for Canadian businesses and consumers.
Together, these updates underscore Payments Canada’s commitment to both robust risk management and broader participation.
New members gain a direct role in developing the policies and standards that sustain the Canadian economy, while rigorous technical, operational, and security standards ensure the integrity of systems such as Real-Time Rail. As the payment landscape evolves, such steps position Canada to maintain a infrastructure that supports growth and protects users.