Open banking could spur competition, but fintechs say Canada's moving too slowly cbc.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cbc.ca Daily Mail and Mail on Sunday newspapers.
Open banking to 'increase competition in the market,' provide choice: industry players bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
FinTech leaders applauded the open banking update in Tuesday’s federal budget, but said there are still unanswered questions about the system and when it will launch.
Leaders from across Canada’s financial sector convened at the Plug and Play Toronto FinTech Innovation Showcase to highlight the tech set to transform Canada’s financial services ecosystem.
While light on new funding for innovation, the federal government’s latest fiscal update did include some significant commitments to Canada’s tech sector.