Fintechs Canada urges securities regulators to align with feds on data portability
Fintechs Canada has submitted a response to the Canadian Securities Administrators (CSA) urging regulators to align their data portability efforts with the federal open banking framework. The submission calls for regulatory coordination and harmonization to support innovation and investor protection.
Fighting Financial Crime: A Q&A with AML Incubator’s Haik Kazarian
We sat down with Haik from AML Incubator about anti-money laundering, and how businesses and governments can adjust to fight against constantly evolving threats due to fraud.
Bank of Canada’s Standards Sufficient for Payment System Access
Fintechs Canada has submitted a response to Payments Canada’s recent consultation on membership expansion, arguing that existing Bank of Canada requirements already provide robust safeguards for the payments system without need for additional entity-based restrictions.
Fintechs Canada unveils proposals to make the financial sector work harder for Canadians
With a federal election on the horizon and Canada-U.S. tensions increasing economy uncertainty, Fintechs Canada unveiled a set of recommendations aimed at modernizing Canada’s financial sector to put more power in the hands of consumers and small businesses.
Fintechs Canada sends pre-budget submission to federal government
Fintechs Canada is asking the government to follow through on its committment to implement “consumer-driven banking,” while continuing to support Payments Canada’s program to build and deploy the so-called real-time rail, which will be Canada’s first real-time payment system.
Join Fintechs Canada at Canada’s Open Banking Expo
This year will be a pivotal year for Open Banking in Canada. But many questions remain. Will the big five banks embrace a truly open environment, and how far can we progress after a slow start to implementation? Come join Fintechs Canada as members and other experts unpack these questions.
Fintechs Canada makes proposals for the future of competition policy
To modernize competition policy and enforcement in Canada, Fintechs Canada argues that policymakers need to make it easier for the Competition Bureau to prevent abuses of dominance, as well empower the Competition Bureau to better oversee the markets in which it’s supposed to be promoting competition. Last year, François-Philippe Champagne, the Minister of Innovation, Science, […]
Fintechs Canada statement on the 2023 budget
The 2023 federal budget delivered big progress in some ways, but we’re disappointed it didn’t deliver in others. Fintechs Canada looks forward to continuing to collaborate with the government to give Canadians better access to financial services that are affordable, safe, and sound.
Fintechs Canada welcomes EQ Bank as its newest member
Fintechs Canada is thrilled to announce that EQ Bank has joined the association. “EQ Bank has shown that you don’t have to be a fintech to get behind policy priorities that make Canadian consumers and businesses better off,” said Laurence Cooke, chairperson of the board of Fintechs Canada. “Canada is full of forward-thinking banks, and […]
Is the fintech policy agenda overrated or underrated? It depends on who’s asking
By Alex Vronces Overrated or underrated? It’s a question Tyler Cowen, one of my favourite public intellectuals, poses to guests on his podcast. The question turns simple conversation into meta-conversation. It moves you from discussing something to discussing the discussion of something. The question is almost magical, like a spell that makes you disappear […]