Steve Boms is the executive director of the Financial Data and Technology Association of North America. See all stories BY STEVE BOMS
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- Unless policy is actively designed to foster a robust credit union sector, only the very largest will be able to bear the costs of technology and ever-increasing regulation, resulting in more concentration, fewer choices, and higher costs for Canadian consumers.
- Unless policy is actively designed to foster a robust credit union sector, only the very largest will be able to bear the costs of technology and ever-increasing regulation, resulting in more concentration, fewer choices, and higher costs for Canadian consumers.
- Bill C-27, the Digital Charter Implementation Act, proposes to update privacy laws and create a legal framework for AI and data.
- Bill C-27, the Digital Charter Implementation Act, proposes to update privacy laws and create a legal framework for AI and data.
- Despite a joint letter from banks, credit unions, fintechs, consumer and business groups asking for change, Canada has yet to increase access to more affordable and tailored financial services.
- Despite a joint letter from banks, credit unions, fintechs, consumer and business groups asking for change, Canada has yet to increase access to more affordable and tailored financial services.
- Canadians are still waiting for an open banking system, which the Liberal government pledged would happen in early 2023.
- Canadians are still waiting for an open banking system, which the Liberal government pledged would happen in early 2023.
- It is estimated that 10 to 20 per cent of Canadians are underbanked, and many of these people are from low-income households.
- It is estimated that 10 to 20 per cent of Canadians are underbanked, and many of these people are from low-income households.
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