Hanna Zaidi, Wealthsimple’s chief compliance officer for payments, will join the association’s Member Advisory Council. (The Logic)

Talking point: The seat on the committee will give Toronto-based Wealthsimple a forum to advocate for fintechs’ interests at an organization that has been accused of being beholden to Canada’s largest financial institutions. Businesses that become members of Payments Canada can access the country’s central payment systems and get a say in overseeing those systems; Wealthsimple recently became a member of Payments Canada through its ownership of Canadian Shareowner Investments, a registered securities dealer. Zaidi’s appointment comes as Payments Canada grapples with delays to the Real-Time Rail, a long-awaited piece of payments infrastructure that fintechs expect will level the playing field between them and banks.