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Open banking, the 'life blood' of fintech and new bank services, is set to arrive in Canada by 2023 calgaryherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calgaryherald.com Daily Mail and Mail on Sunday newspapers.
Open banking, the 'life blood' of fintech and new bank services, is set to arrive in Canada by 2023 financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.
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. ....
Government advisory group on open banking wants new rules in place by 2023 investmentexecutive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentexecutive.com Daily Mail and Mail on Sunday newspapers.
Ottawa releases long-waited blueprint to usher in open banking in Canada vancouversun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vancouversun.com Daily Mail and Mail on Sunday newspapers.