Open banking could spur competition, but fintechs say Canada's moving too slowly
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 encourage innovation or allow smaller financial players compete with larger institutions.
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 encourage innovation or allow smaller financial players compete with larger institutions.
