Canada, in spite of its well-developed banking system, does not have any initiatives taken up to bring in open banking. In fact, the country lacks an open banking framework on the lines of PSD2 in the EU or similar efforts in Britain, Australia or other countries that have systems now in place regulating what data can be shared between financial institutions. The government in the country is, however, pushing ahead with a second phase of its review on open banking, focusing on security issues surrounding the sharing of financial data.
Esta historia es de la edición February 2021 de Banking Frontiers.
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Esta historia es de la edición February 2021 de Banking Frontiers.
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The day is when brands bring customers to banks
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Metabase, a unique cloud computing experiment by BEA
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Radian Finserv empowers dreams across 5 states
Partha Sengupta, COO at Radian Finserv, reveals the company’s highest standards of service and integrity in all operations & expansion plans:
A digital thrust for Islamic Banking
Kuwait Finance House is a totally Shari’a compliant bank that used digital tools to its full capacity:
No escape from the law
A woman entrepreneur in Vietnam was sentenced to death recently for causing irreparable loss to a bank:
ARDB Computerization to boost agri & rural economy
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Digital helps Branches boost Customer-Centricity
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Actionable Insights & Data Visualization empowers Belstar field force
Dhanasekaran S, CTO at Belstar Microfinance narrates the needs of the field force and developing a solution that empowers them:
Banks gearing up to buy Cyber-insurance
Recent years have seen a concerning uptick in cyber incidents against banks. In 2023, a data breach at Bank of America exposed over 57,000 customer accounts.
