Insight: Open Banking in Canada – a pathway to success

With the implementation of Open Banking in Canada underway, it is an opportune time to reflect on the requirements for ecosystem participants to meet regulatory, technical, security and operational needs. How do we ensure that the industry continues to spur innovation and drive new product and service offerings?

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Insight: Open Banking in Canada – the path forward

With the appointment of Abraham Tachjian as Canada’s Open Banking (OB) lead in March 2022, the CIO Strategy Council’s proposal on national standards, and the FDX technical standard’s growing influence in the market, Canada has been progressing in its journey towards a successful OB implementation. How will and should OB be different here than in other global implementations? What roles will ecosystem participants play in this new normal?

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