Isak Penttila

Passionate about payments modernization and worldwide access to secure, interoperable payment systems, I have been fortunate to find myself at the forefront of Payments Canada’s modernization efforts, helping to define Canadian usage of the international ISO 20022 standard for the Real-Time Rail and high-value system Lynx. My extensive knowledge and expertise in this area has also allowed me to represent Payments Canada as an engaging public speaker in multiple conferences.

Working closely with Payments Canada’s members and stakeholders, I help to analyze Canadian banking systems and business needs, assessing potential solutions to identified issues and proposed ISO 20022 message development initiatives while recommending strategic approaches (both systemic and operational) to support the best way forward for Payments Canada and the Canadian financial ecosystem.

Driven by innovation and global cooperation, I continually challenge myself to remain at the forefront of key developments and trends in Payment Market Infrastructures and Modernization efforts, and as such, regularly collaborate with various worldwide organizations and financial governing bodies including the European Central Bank, the Bank of England and the U.S. Federal Reserve.