There have been many conversations recently about Open Banking. For those who aren’t aware, Open Banking provides a secure way for consumers to control and share their financial data with third-party ...

Parna Sabet-Stephenson wasn’t impressed by the 2024 fall economic statement’s promise of open banking. Allowing financial institutions to securely share client account details with third parties such ...

Whether it is called “open banking” or the newly coined term “consumer-driven banking,” the federal government is honouring its commitment to implement legislation, says Torys LLP partner Brigitte ...

As the world becomes more digitally savvy, many consumers are increasingly switching over to online banking. Having an account that’s accessible whenever and wherever internet access is available ...

Open Banking has moved from regulatory idea to industry reality, driving transformation by enabling secure, permissioned data sharing between financial institutions and third-party fintechs. In ...

A long-promised revolution in banking is headed to Canada, but you might not notice when it arrives. Change is in the works that will give Canadian consumers and businesses significantly more control ...

In 2017, the UK introduced open banking, a concept born from an initiative by the Competition and Markets Authority (CMA) aimed at improving retail banking. The CMA required the nine largest retail ...

Federal efforts to bring "open banking" to Canada are being welcomed by players in the industry — but there's also criticism that, after years of waiting, any changes may not come fast enough to ...

In recent years, the financial landscape in India has undergone a profound transformation, largely driven by the advent of Open Banking APIs (Application Programming Interfaces). These APIs have ...