Investing News

Steve Boms: How Canada's Open Banking Can Avoid Pitfalls That Stalled Other Markets


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Canadian fintech is on the brink of a seismic shift thanks to legislation that's reshaping how financial data is shared and regulated. But will Canada's approach unlock innovation and competition, or trap smaller players in costly compliance hurdles?

Steve Boms, executive director of FDATA North America, reveals the strategic decisions that will determine whether Canada's open banking system sparks a wave of fintech innovation or reinforces existing market dominance.

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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

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Investing NewsBy Charlotte McLeod, Georgia Williams, Meagen Seatter


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