ICYMI - Banking Unlocked: How Open Banking Can Put YOU in Control

ICYMI - Banking Unlocked: How Open Banking Can Put YOU in Control

Economist Professor Moshe Lander—an expert from Concordia University specializing in financial competition and consumer data access—joins Shane Hewitt to explain that open banking (or "consumer-driven banking") gives Canadians secure, API-driven power to share financial information with trusted third parties (without handing over passwords) to personalize budgeting, credit-building, and more. He highlights how this framework could foster competition, lower costs, improve financial inclusion for small businesses and newcomers, and finally shield users from the risky “screen scraping” method currently in use.

#OpenBanking #FinanceUnlocked #MosheLander #ShaneHewitt #CanadaMoneyTalk #TechInBanking #banking

Originally aired on 2025-06-17

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Episoder(2193)

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