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Ontarians are getting digital ID this fall: All you need to know

Ontarians are getting digital ID this fall: All you need to know
itbusiness.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itbusiness.ca Daily Mail and Mail on Sunday newspapers.

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Conservatives promise to cut income tax for new technology staying in Canada

Conservatives promise to cut income tax for new technology staying in Canada
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Open banking, the 'life blood' of fintech and new bank services, is set to arrive in Canada by 2023

Open banking, the 'life blood' of fintech and new bank services, is set to arrive in Canada by 2023
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Open banking, the 'life blood' of fintech and new bank services, is set to arrive in Canada by 2023

Open banking, the 'life blood' of fintech and new bank services, is set to arrive in Canada by 2023
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Government advisory group on open banking seeks new rules in place by 2023

TORONTO
A government working group on so-called open banking recommends that a regulated system for sharing personal financial data with third parties like robo-advisors and budgeting apps be put in place by 2023.
The report released Wednesday by the Advisory Committee on Open Banking said that the timeline is ambitious but that it s important to roll out a system quickly because technology has outstripped regulation in a rapidly changing financial services industry.
More than four million Canadians already use some form of open banking which involves granting third-parties such as financial technology companies access to bank data but that some current practices create security and liability risks. ....

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