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Canadian Open Banking Initiative Presents Sterling Opportunity for Banks

Stiene Riemer Jörg Erlebach Kiran Konanur Mark Schofield Barric Reed Jakob Liss

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.

Financial Institutions