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Canadian Bankers Association commits to fighting financial abuse of seniors

In recognition of Seniors Month, the Canadian Bankers Association (CBA) launches initiatives to fight financial abuse of seniors, including fraud prevention seminars, toolkits, and resources. Learn how the CBA is empowering older adults to protect themselves against scams and financial exploitation.

Whether open banking or consumer-driven banking, the goal of sharing data remains the same

Open Banking: What New Consumer-Driven Banking Legislation Means For Fintechs in Canada

If your company is a fintech operating or hoping to operate in Canada with a business model that offers financial products, you should be aware that Canada s federal government has announced its intention to enact legislation that could apply to your organization. This impending legislation is the Consumer-Driven Banking Act CBDA, and it will set the foundation for a framework that enables consumers and small businesses to securely transfer their financial data through an API to approved service providers of their choice.

Open Banking: What New Consumer-Driven Banking Legislation Means For Fintechs in Canada | Bennett Jones LLP

Open Banking: What New Consumer-Driven Banking Legislation Means For Fintechs in Canada | Bennett Jones LLP
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