Top Tweets for #ConsumerDirectedBanking
Portfolio+ Launches Cloud-First Open Banking Ecosystem in Canada.
#CloudServices #Cloud #OpenBanking #ConsumerDirectedFinance #ConsumerDirectedBanking
Learn More: https://t.co/d7OoWvsNW1

Thanks to @FlinksCa for having me join them for this #Podcast on the opportunities & challenges facing #FinancialServices in Canada. #ConsumerDirectedBanking (#OpenBanking) will deliver important new opportunities to Cdns. Our financial sector needs to #disrupt or be disrupted!
Disrupt or be disrupted! #ConsumerDirectedBanking will deliver important new opportunities to Cdns. We need safe & secure access to #Fintech & #DigitalBankingServices. Listen to this #Podcast on the opportunities & challenges as we work to transform #FinancialServices in Canada.
US challenger banks are dramatically disrupting the opportunities & services available to the 72% of US customers who are not financially healthy, are overpaying & whose needs are currently not being met. #fintech #consumerdirectedbanking #openbanking https://t.co/0DfSMrkG73
Traditional #banking is being #disrupted from every direction. #UberMoney may or may not be perfect, but it is yet another example of why we need a regulatory framework to support #ConsumerDirectedBanking (#OpenBanking) in Cda. (PS, this news is important for the #underbanked.)
This morning @Uber announced the launch of #UberMoney and much more. We caught up with @phazlehurst backstage to get the inside scoop. #Uber #M2020USA #Money2020
The @Paytm Toronto-based R&D team is disrupting banking KPIs (eg, >130 bil transactions/yr with fraud rates 20x lower than in Cda). We need more #FinTechs like this! Let’s accelerate the implementation of a globally competitive #ConsumerDirectedBanking (#OpenBanking) framework.
Globalizing Fintech In Action: A Discussion With Harinder Takhar of PayTM - Forbes https://t.co/uTXPJU4lfC #fintech
Consumers will benefit mightily when Cda finally implements a regulatory framework to support #ConsumerDirectedBanking (#OpenBanking). Huge opportunities will be unlocked. It will also help to address serious current challenges of consumer protection, privacy & financial crime.
A Longueuil, Que., woman is questioning Scotiabank's security measures after an imposter stole $2,500 from her line of credit. https://t.co/TDHGCQplbS
So pleased to read this. Canada can move from regulatory laggard to leader in #CryptoCurrency, digital banking & #FinTech/#OpenBanking/#ConsumerDirectedBanking space. Tremendous domestic & global opportunities. Needs regulatory framework incl #DigitalID & new privacy legislation.
Bank of Canada exploring digital currency that would replace cash, track how people spend money https://t.co/z1wJ4ONHTk

I’m looking forward to this discussion, and to the establishment of a globally competitive regulatory framework enabling #ConsumerDirectedBanking (#OpenBanking) in Canada.
How long will Canada have to wait for #OpenBanking? Our Executive Director @SteveBoms will be moderating a panel next week at @CIXCommunity with @colindeacon and others to try to answer that question. Check it out:
https://t.co/eVEcDvXFgr #CIX2019.
We need to swiftly establish a globally competitive regulatory framework supporting #ConsumerDirectedBanking (#OpenBanking). I agree with the @CdnBankers when they cite the risks to be managed, but not the assumption that incumbents are more capable at doing so than new entrants
“Disrupt or be disrupted” sums up the current situation surrounding #OpenBanking (better described as #ConsumerDirectedBanking) in Canada. I believe that big bank reluctance is due to fear of the biz model shift from moats to ecosystems (https://t.co/DRqNbQGwM3). @HarvardBiz
#Founder @shivsiroya & her #fintech @talamobile are at the forefront of the race to bring financial services to the 1.7 billion people on the planet w/o a bank account, credit, savings & insurance. Canada should be leading this race. #ConsumerDirectedBanking #OpenBanking
The $100 trillion opportunity to provide banking to the world's poor: https://t.co/JtS9BAcfTp

Excellent @globeinvestor article on why gov’t must act soon to create #ConsumerDirectedBanking (#OpenBanking) regulations b/c millions of Cdns are already sharing their sensitive financial data w/o a proper regulatory framework. @geist @IIACACCVM @p3vc @AdamFelesky @FDATAnorth
Open banking could be ‘very positive’ for financial advice business https://t.co/kaSUGWyCss @GlobeInvestor

Wonderful to be invited to join my colleague, Sen Wetston, to learn more and to discuss the need for urgent action to implement #ConsumerDirectedBanking in Canada. @OpenBankingExpo #OBExpo #OpenBanking
Senators Colin Deacon and Howard Wetston having a lively discussion on the merits of #openbanking in Canada and the study they undertook as part of the Senate Banking, Trade and Commerce Committee. @OpenBankingExpo @colindeacon

Ok, from now on I’m going with @CdnInfoLaw’s term: #ConsumerDirectedBanking. Cdns don’t care what #openbanking means, but they do need to control their data & access to more productive banking services. @financialpost @GeoffZochodne https://t.co/h777UZtjgP
The @SenateCA report on #OpenBanking saw inaction as a significant risk factor. Our incumbent banks have so much to gain from collaborating with #FinTechs. Let’s not squander this opportunity to deliver #ConsumerDirectedBanking & dramatically improve our global competitiveness.
Senator Deacon @colindeacon at @FinTechCA “we should not only look at the risks but the amazing opportunities that open banking delivers to our businesses to better serve our customers” #FinTechCA

Everyone at @DFInstitute @FinTechCA #FinTech week got these inserts from @PrivacyPrivee. They risk delivering a message that 1) FinTechs don’t get these “table stakes” issues & 2) the only priority is risk management, not unlocking the huge opportunity of #ConsumerDirectedBanking

@kgillani @DFInstitute Thanks for all you are doing to accelerate the growth & global competitiveness of #FinTechs in Canada, Karim. Glad to be able to relay why the @SenateCA believes that Canada urgently needs to adopt a framework to support #ConsumerDirectedBanking.
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