Posts Tagged ‘liability’
FDATA proposes model to ensure smaller fintechs can participate in Open Banking in Canada
The Financial Data and Technology Association has submitted a formal proposal to the Department of Finance and Bank of Canada recommending the creation of a Sponsored Fintech Model (SFM) under the Consumer-Driven Banking Act (CDBA).
Read MoreReal-Time Rail and Pay by Bank: What now and what next?
At Open Banking Expo Canada 2026, leaders from Citi, JP Morgan, Bank of America, Symcor and Digital Commerce Group considered what it will take to turn real-time payments into real-world adoption.
Read MoreRights, access and control in Canada’s Consumer-Driven Banking era
At Open Banking Expo Canada, representatives from MX, FDATA, Wealthsimple and Borrowell examined what it will take to build a system that is trusted by consumers and viable for the organisations participating in it.
Read MoreEQ Bank: Why Canada must design Consumer-Driven Banking to serve national interests
Dan Broten, senior vice president and head of EQ Bank, set out how Canada can deliver Consumer-Driven Banking with urgency and confidence.
Read MoreConsumer-driven banking: Turning risk into confidence
Canada is moving steadily toward a more open, interoperable financial ecosystem, and institutions across the country are preparing for what comes next, according to Invela.
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