Read our blog to stay in touch with what’s happening with open banking in Canada.


AUGUST 5th WEBINAR MOVING OPEN BANKING FORWARD IN CANADA: The Roles of Private Industry and Government. Join us in a conversation with Senator Colin Deacon about the steps that can be taken to...

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MARCH 13TH WEBINAR OPEN BANKING: IS IT GOOD OR BAD FOR CANADIANS?  In January 2020, Canada’s Minister of Finance office released a much-anticipated report representing its findings into the merits...

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We held our first webinar on November 21st and were thrilled than more than 100 people were excited enough about the topic to register. It was an excellent and engaging conversation around the...

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WEBINAR: Open Banking in Canada

Open banking is coming. And it will have an enormous impact on the global financial system. While the conversation has begun in Canada, a recent report by EY says we’re lagging behind Australia, US and China in preparedness in spite of a Senate committee report urging Ottawa drive forward with a framework to facilitate as soon as possible. Come to our Webinar on November 21st to learn more.

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The Merits of Open Banking

The Advisory Committee to the Open Banking Review submitted a detailed report to the Government of Canada in February 2019. “A Review into the Merits of Open Banking” outlines the ways in which open banking can promote a vibrant and more diverse ecosystem of financial services providers in the financial sector and offer innovative services that benefit Canadian consumers and small businesses.

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A Definition of Open Banking in Canada

At our recent roundtable working group at the 2019 Canadian Open Banking Expo in Toronto, experts in banking, fintech, lending, regulatory, payments, education and finance came together to and to define the key players from the financial services industry. We also worked together to synthesize and amalgamate a simple, inclusive statement of what Open Banking means to us as Canadians.

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Open Banking Initiative Canada partners with Open Banking Expo

Open Banking Initiative Canada (OBIC) has teamed up with Open Banking Expo, with the aim of advancing Open Banking and open finance in Canada.

OBIC July Newsletter

We are happy share our newsletter for July and exciting Open Banking News for Canada!

A Step Forward for Open Banking in Canada

Open Banking Initiative Canada is delighted the Department of Finance and the Advisory Committee on Open Banking issued its Final Report and the comprehensive recommendations for Open Banking in Canada!

Combating The Lack of Financial Inclusion in Canada

Financial inclusion continues to be a major problem across Canada, with a growing need for the creation of financial products and services that are more accessible to vulnerable customer segments. 

US Executive Orders Affirms Certainty and Urgency of Open Banking, Canada needs to Prioritize or Risk Losing Global Competitiveness

Did you know that with President Biden’s most recent Executive Order, the US is one step closer to Open Banking? 

OBIC June Newsletter

We are happy share our newsletter for June and exciting Open Banking News for Canada!

OBIC Board Letter to Finance Canada

Today we would like to announce that we have written a letter to the Honourable Chrystia Freeland, Minister of Finance Canada to ask for the immediate release of the recommendations report.

OBIC May Newsletter

We are happy share our newsletter for May and exciting Open Banking News for Canada!

OBIC April Newsletter

We are happy share our newsletter for April and exciting Open Banking News for Canada!