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Open banking could spur competition, but fintechs say Canada's moving too slowly - CBC

Retrieved on: 2024-04-29 19:12:49

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Open banking could spur competition, but fintechs say Canada's moving too slowly - CBC. View article details on hiswai:

Summary

The article discusses the Canadian fintech industry's reaction to federal open banking initiatives. Industry players like Neobanks, Wealthsimple, and ING Group anticipate innovation but are concerned about delays compared to other countries. Key figures like Hanna Zaidi and Parna Sabet-Stevenson highlight the potential benefits and challenges of open banking. The tags relate to the fintech companies, concepts, and individuals mentioned in the article.

Article found on: www.cbc.ca

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