Open Banking Expo Canada has been renewed by, the largest global community of Open Banking executives and Open Finance executives, and is behind the Open Banking Expo Canada. Ernst & Young LLP (EY Canada) to deliver in-person Meetups for the Open Banking, Open Finance and Open Payments industry in Canada.
Open Banking Expo launched virtually in June 2021. EY Canada will host a series of four free-to-attend live Meetups, starting with the first gathering on June 14 in Toronto.
Adam Cox, co-founder of Open Banking Expo said: “We are thrilled to work with EY Canada once again not only to bring together pioneers, entrepreneurs and visionaries who fill our industry for important and informative discussions, but also to engage more meaningfully with regulators and the wider community to support Canada on its Open Banking and Open Finance journey.”
Abhishek Sinha, EY Canada Banking Technology Consulting Lead, commented: “As the leading industry community for Open Banking and Open Finance, the Open Banking Expo, is an excellent collaborator for us, and we look forward to working together to advance and accelerate Open Banking adoption in Canada.”
These Meetups will be held at a crucial moment in Open Banking Canada. Ten months after the Advisory Committee on Open Banking recommitted that an Open Banking lead is appointed in order to convene the sector and encourage Open Banking adoption, last month the Department of Finance Canada announced Abraham Tachjian was being appointed to the role of overseeing the implementation of a made–in-Canada Open Banking system.
After having worked with the Advisory Committee on Open Banking during his time at PwC Canada’s financial services practice, he is now a candidate for the job.
Just hours after Tachjian’s appointment, Canadian national forum the CIO Strategy Council published a proposed draft standard for Open Finance, inviting input from stakeholders.
According to the CIO Strategy Council, the draft standard defines minimum requirements for planning and designing, developing, implementing and maintaining customer banking and transaction data.