Canadian Open Banking Initiative Presents Sterling Opportunity for Banks

By  Stiene Riemer Jörg Erlebach Kiran Konanur Mark Schofield Barric Reed, and  Jakob Liss
Article

Traditionally conservative banks that don’t provide the type of data-driven, innovative services offered by Big Tech will fall short of consumers’ expectations. Worse, fintechs are more than ready to step in and meet those needs—even if their methods are suboptimal.

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