Posts Tagged ‘Consumer directed finance’
OFNC requests further clarity from Canada’s Department of Finance
The Open Finance Network of Canada has written to Minister of Finance Chrystia Freeland, asking what steps will be taken to “minimize delayed implementation of a working system for Canadians”.
Read MoreFDATA North America calls on Canadian government to ‘rapidly implement’ Open Banking after ‘lack of progress’
Writing to Canada’s Standing Committee on Finance ahead of the 2024 budget, FDATA North America recommended the creation of a “neutral and transparent” governing body to oversee Open Banking.
Read MoreBill Morneau proposes ‘industry-led’ approach to Open Banking in Canada
The former finance minister of the Government of Canada delivered the opening keynote on the first day of Open Banking Expo Canada, in which he told banks and fintechs there is ‘room for everyone to do better’.
Read MoreOpen Banking Expo returns to Canada with two-day virtual event
Former Finance Minister of Canada Bill Morneau has been confirmed as a keynote speaker, while Equifax Canada is headline partner as delegates discuss the future Open Banking roadmap.
Read MoreFDX announces Jason Chomik as new Canadian director
Chomik comes to FDX after 25 years in the payments and digital transformation industry.
Read MoreIndustry split on how to deliver Open Banking in Canada
At Open Banking Expo’s Canada quarterly meet-up, panellists from across the industry debated the merits of adopting a market-led approach versus a government mandated approach.
Read MoreCanada: CIO Strategy Council advances national standards for Consumer Directed Finance
Calls for decisive action in developing an Open Banking framework are mounting in Canada amid the COVID-19 pandemic.
Read MoreSurvey finds data-sharing millennials are accelerating Open Banking adoption in Canada
Survey respondents on board for open banking as long as benefits are clear.
Read MoreEXCLUSIVE: Second phase of Canadian Open Banking consultations announced live at Open Banking Expo Canada
The second round of consultations were originally delayed until the appointment of a new finance minister, following the exit of Bill Morneau in August.
Read More60 second interview: Saba Shariff, Head of New Product Development & Corporate Strategy, Symcor
Saba was named in in the Top 50 Women in Fintech, 2019 and here we get her personal insight into the Canadian Open Banking ecosystem.
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