Financial Services
FDATA actively engages with regulators to shape frameworks that empower consumers and safeguard markets.
Engagement includes:
- CFPB (U.S.): Supervision of non-bank markets and competition issues
- OCC, FDIC, Federal Reserve (U.S.), TPRM: Oversight of bank–fintech partnerships and payments.
- Finance Canada: Implementation of consumer-driven banking and open finance policies.
- OSFI (Canada): Third-party risk management and prudential oversight.
- FTC, SEC (U.S.): Data privacy and competition policy
Related Press Releases
Our submission included three recommendations and urged the government to take swift action on the open banking file, which has unfortunately fallen behind the previously established timeline.
FDATA North America Executive Director Steve Boms expressed disappointment at the lack of progress in Budget 2023 toward the implementation of Canada’s open banking regime.
FDATA North America today submitted a letter in response to the Canadian government’s review of the Competition Act.
No results found.