FDATA Statement on Submission of Amicus Brief in Support of Consumer Data Rights and Open Banking Rule
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, July 7, 2025 – The Financial Data and Technology Association (FDATA), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in Canada and the United States, today submitted an amicus brief in Forcht Bank NA vs. Consumer Financial Protection Bureau (CFPB), urging […]
FDATA Statement on Submission of Treasury RFI Comment Letter on Modernizing Payments
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, June 30, 2025 – The Financial Data and Technology Association (FDATA), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in Canada and the United States, today submitted a letter in response to the U.S. Department of the Treasury’s Request for Information […]
FDATA North America Rejects CFPB’s New Interpretation of Section 1033, Citing Trump Treasury’s Support for Third-Party Data Access
Limiting third-party access would undermine consumer choice, reduce competition, and stall innovation in financial services. Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, May 30, 2025 – The Financial Data and Technology Association (FDATA) of North America, a trade association representing more than three dozen financial technology and open finance companies in the United States and […]
FDATA North America Statement on CFPB Seeking to Vacate Section 1033 Rule
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, May 23, 2025 – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than three dozen financial technology and open finance companies in the United States and Canada, today expressed deep concern regarding the Consumer Financial Protection Bureau (CFPB) seeking to “set […]
FDATA North America Urges CFPB to Preserve Personal Financial Data Rights Rulemaking
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, May 21, 2025 – The Financial Data and Technology Association of North America (“FDATA North America”), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in Canada and the United States, today sent a letter to Acting Consumer Financial Protection Bureau (“CFPB” […]
FDATA North America Statement on Mark Carney’s Election as Canada’s Prime Minister
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, April 29, 2025 – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in Canada and the United States, today congratulated Mark Carney on his victory in the federal election and upcoming […]
Mastercard announced as headline partner of Open Banking Expo USA 2025
London, New York, 2025 – Open Banking Expo is pleased to announce Mastercard is the headline partner of the inaugural Open Banking Expo USA 2025. The event will take place on June 26, in the bustling heart of New York. Open Banking Expo USA offers an unmissable opportunity for leaders across America’s financial services spectrum, […]
Symcor announced as headline partner of Open Banking Expo Canada 2025
London, Toronto, January 23, 2025: Open Banking Expo is pleased to announce Symcor as the headline partner of Open Banking Expo Canada 2025, which takes place on June 17 at the iconic MTCC in Toronto. This is the first year Symcor is headlining Canada’s flagship Open Banking Expo after supporting it as an event partner […]
FDATA Global and Open Banking Expo Announce Media Partnership to Advance Open Finance Awareness
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, March 24, 2025 – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than three dozen financial technology and open finance companies in the United States and Canada, today announced, along with Open Banking Expo, a media partnership to amplify industry engagement […]
FDATA North America Statement on François-Philippe Champagne’s Appointment as Minister of Finance
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, March 18, 2025 – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than three dozen financial technology and open finance companies in the United States and Canada, today congratulated François-Philippe Champagne on his appointment as Minister of Finance of Canada. Steve […]
FDATA North America Provides Input in Response to Canada’s 2025 Pre-Budget Consultation
Contact: Layne Dillon, (202) 897-4837, ldillon@allonadvocacy.com March 10, 2025, Washington, DC – The Financial Data and Technology Association of North America (FDATA), a trade association representing approximately three dozen financial technology organizations that provide consumers and small- and medium-enterprises with innovative financial products, services, and tools, today submitted its response to the Canadian Department of Finance’s 2025 pre-budget consultation. […]
FDATA North America Submits Comments to the CFPB’s NPRM on the Fair Credit Reporting Act
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, February 24, 2025 – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than three dozen financial technology and open finance companies in the United States and Canada, today submitted comments in response to the Consumer Financial Protection Bureau’s (“CFPB”) Notice of […]
FDATA North America Statement on the Designation of Treasury Secretary Scott Bessent as Acting Director of the CFPB
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, February 3, 2025 – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than three dozen financial technology and open finance companies in the United States and Canada, today welcomed the appointment of Scott Bessent as Acting Director of the Consumer Financial […]
FDATA North America Urges Minister LeBlanc to Implement Canada’s Consumer-Driven Finance Framework
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, January 16, 2024 – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than three dozen financial technology and open finance companies in the United States and Canada, today sent a letter to The Hon. Dominic LeBlanc, Minister of Finance and Intergovernmental […]
FDATA North America Statement on Consumer-Driven Banking Proposals in the Fall Economic Statement
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, December 16, 2024 – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than three dozen financial technology and open finance companies in the United States and Canada, today expressed its disappointment with the proposals laid out by the government in the […]
FDATA North America Statement on the Incoming Chair of the House Financial Services Committee
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, December 12, 2024 – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than three dozen financial technology and open finance companies in the United States and Canada, today congratulated Representative French Hill (R-AR) on being named the next Chair of the […]
FDATA North America Submits Comments to the FDIC’s NPRM on Recordkeeping for Custodial Accounts
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, December 6, 2024 – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than three dozen financial technology and open finance companies in the United States and Canada, today submitted a comment in response to the Federal Deposit Insurance Corporation’s (“FDIC”) Notice […]
FDATA North America Statement on the CFPB’s Proposed Rule Under FCRA
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, December 3, 2024 – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than three dozen financial technology and open finance companies in the United States and Canada, today expressed its disappointment with the Consumer Financial Protection Bureau’s (“CFPB” or “the Bureau”) […]
FDATA North America Statement on the CFPB’s Final Larger Participant Rule
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, November 21, 2024 – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than three dozen financial technology and open finance companies, today expressed disappointment with the Consumer Financial Protection Bureau’s (“CFPB” or “Bureau”) final Rule Defining Larger Participants of a Market […]
FDATA North America Submits Additional Comments to CFPB on FDX’s Application for SSB Recognition
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, October 28, 2024 – The Financial Data and Technology Association of North America (“FDATA North America”), a trade association representing more than three dozen financial technology and open finance companies, today submitted additional comments to the Consumer Financial Protection Bureau (“CFPB” or “the Bureau”) requesting a careful and […]
FDATA North America Applauds The CFPB’s Final Personal Financial Data Rights Rule
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, October 22, 2024 – The Financial Data and Technology Association of North America (“FDATA North America”), a trade association representing more than three dozen financial technology and open finance companies, today celebrated the release of the Consumer Financial Protection Bureau’s (“CFPB”) final rule implementing Section 1033 of the […]
FDATA North America Submits Comments on FDX’s Application for SSB Recognition Under Section 1033
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, October 16, 2024 – The Financial Data and Technology Association of North America (“FDATA North America”), a trade association representing more than three dozen financial technology and open finance companies, today submitted a comment in response to the Financial Data Exchange’s (“FDX”) application for recognition by the Consumer […]
FDATA North America Submits Comments to the Prudential Regulators’ RFI on Bank-Fintech Partnerships
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, October 16, 2024 – The Financial Data and Technology Association of North America (“FDATA North America”), a consortium of more than 30 financial technology companies providing consumers and small- and medium-enterprises with innovative financial products, services, and tools, today submitted comments to the Office of the Comptroller of […]
FDATA North America Submits Comments to the Department of Finance’s Consultation on Budget 2024 Measures
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com September 4, 2024, Washington, DC – The Financial Data and Technology Association of North America (FDATA), a consortium of more than 30 financial technology companies providing consumers and small- and medium-enterprises with innovative financial products, services, and tools, today submitted a comment in response to the Canadian Department of Finance’s […]
FDATA North America Submits Comments to the CFPB’s Medical Debt Rule
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com August 5, 2024, Washington, DC – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in Canada and the United States, today submitted a comment in response to the Consumer Financial Protection Bureau’s (“CFPB” […]
FDATA North America Submits 2025 Pre-Budget Submission to Canadian House of Commons’ Standing Committee on Finance
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com July 26, 2024, Washington, DC – The Financial Data and Technology Association of North America (FDATA) submitted to the Canadian House of Commons’ Standing Committee on Finance (FINA) its recommendations in advance of the 2025 budget. Our submission emphasized the need for the rapid and well-governed implementation of Canada’s open […]
FDATA North America Responds to the CFPB’s BNPL Interpretive Rule
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com July 24, 2024, Washington, DC– The Financial Data and Technology Association of North America (FDATA), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in Canada and the United States, today submitted a comment in response to the Consumer Financial Protection Bureau’s (CFPB or […]
FDATA North America Sends Letter to Missouri Regulator to Support Consumer-Permissioned Data Access
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com June 20, 2024, Washington, DC – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in the United States and Canada, today sent a letter to Missouri Secretary of State Jay Ashcroft in response to […]
FDATA North America Responds to the Bank of Canada’s Retail Payments Supervision Consultation
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com May 21, 2024, Washington, DC – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in Canada and the United States, today responded to the Bank of Canada’s Retail Payments Supervision Consultation regarding its new […]
FDATA North America Sends Letter to CFPB Advocating for Distinction Between Digital Wallets and Passthrough Payment Platforms
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com May 2, 2024, Washington, DC – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in Canada and the United States, today sent a letter to the Consumer Financial Protection Bureau (CFPB or Bureau) addressing […]
FDATA North America Statement on Budget 2024 Initiating Consumer-Driven Banking Framework
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com Washington, DC, April 16, 2024 – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in Canada and the United States, today applauded the government’s inclusion of a framework to deliver consumer-driven banking as part […]
FDATA North America Sends Letter to Wyoming Governor Mark Gordon and Wyoming Legislators Urging Revision of Open Banking Legislation
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com March 15, 2024 Washington, DC – The Financial Data and Technology Association of North America (FDATA) today sent a letter to Wyoming Governor Mark Gordon and Wyoming legislators including Representative Cyrus Western, Representative Daniel Singh, Representative Mike Yin, Senator Alfie Ellis, Senator Tara Nethercott, and Senator Chris Rothfuss, highlighting concerns about […]
FDATA North America Submits Comments to Canada’s Consultation on Strengthening Competition in the Financial Sector
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com February 28, 2024 Washington, DC – The Financial Data and Technology Association of North America (FDATA) today submitted comments to Canada’s Department of Finance as part of its consultation on strengthening competition in the financial sector. Our submission underscored the necessity for the enactment and realization of several previously announced initiatives […]
FDATA North America Submits Comments to Canada’s Department of Finance Pre-Budget Consultations 2024
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com February 9, 2024 Washington, DC – The Financial Data and Technology Association of North America (FDATA) submitted comments to Canada’s Department of Finance as part of its pre-budget consultations in advance of Budget 2024. Our submission emphasized the necessity for Canada to build upon the inclusion of consumer-driven banking (CDB) in […]
FDATA North America: Comment Letter Submitted on CFPB’s Section 1033 NPRM
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com December 27, 2023 Washington, DC – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in Canada and the United States, today filed a comment letter in response to the Consumer Financial Protection Bureau’s (CFPB) […]
FDATA North America Statement on Deputy Prime Minister Freeland’s FES Implementing Consumer-Driven Finance Directives
Contact: Laine Williams, (202) 897-4757, lwilliams@allonadvocacy.com November 21, 2023 Washington, DC – The Financial Data and Technology Association of North America (FDATA), a trade association representing more than 30 financial technology companies and consumer-permissioned data access platforms in Canada and the United States, today applauded the inclusion of consumer-driven finance in the 2023 Fall Economic Statement (FES). […]
Submission by FDATA North America To the House of Commons Standing Committee on Industry and Technology (INDU) Regarding the Study of Bill C-27
October 31, 2023 – The Financial Data and Technology Association of North America (“FDATA North America”) is the leading trade association advocating for consumer-permissioned access to financial data in both Canada and the United States. Our members include firms with a variety of different business models that collectively provide more than six million Canadian consumers […]
FDATA North America Statement On The CFPB Proposed Rule Implementing Section 1033
October 19, 2023, Washington, DC – The Financial Data and Technology Association of North America (FDATA), a trade association representing three dozen financial technology and open finance companies, today celebrated the release of the Consumer Financial Protection Bureau’s proposed rule implementing Section 1033 of the Dodd-Frank Act. Steve Boms, Executive Director of FDATA, released the following […]
Coalition of leading industry stakeholders voice continued support for vital Canadian Payments Act amendments
OTTAWA, October 11, 2023 — The Fall Economic Statement presents an opportunity to modernize the Canadian Payments Act to strengthen financial competition, innovation, consumer protection and economic stability. Leaders across Canada’s payment industry continue to demonstrate unified support for amendments to the Canadian Payments Act to expand Payments Canada’s membership. This support was previously expressed through various pre-budget […]
FDATA North America Responds to CFPB Data Broker SBREFA Memo
September 21, 2023, Washington, DC – Steve Boms, the Executive Director of the Financial Data and Technology Association of North America, a consortium of financial technology companies united behind the notion that consumers and small businesses should have full control over their financial data, today released the following statement in response to the Consumer Financial […]
FDATA North America Submits Comments to Canada’s Standing Committee on Finance Pre-2024 Budget Consultations
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 Responds to CFPB Data Broker RFI
FDATA North America’s letter stressed that consumer-permissioned third-party financial service providers are not data brokers.
FDATA North America Responds to CFPB Release of Section 1033 SBREFA Memo
FDATA North America applauded this latest development toward implementation of Section 1033 of the Dodd-Frank Act.
FDATA North America Responds to Release of Canada’s 2023 Budget
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 Submits Comments on Canadian Competition Act Review
FDATA North America today submitted a letter in response to the Canadian government’s review of the Competition Act.
FDATA North America Responds to Canadian Draft RPAA Regulations
FDATA North America today submitted its response to draft regulations to implement the Retail Payment Activities Act (RPAA) in Canada.
FDATA North America Releases Data Privacy Principles
FDATA North America and its 30+ member companies today released a set of principles to govern the usage, disclosures, liability, oversight, and technology involved in open finance ecosystems.
FDATA North America Submits Comment Letter in Response to CFPB Section 1033 SBREFA Outline of Proposals for Consideration
FDATA North America submitted a comment letter to the Consumer Financial Protection Bureau (CFPB) in response to its Outline of Proposals for Consideration for the Small Business Regulatory Enforcement Fairness Act (SBREFA) implementing Section 1033 of the Dodd-Frank Act.
FDATA North America Applauds CFPB’s Release of Small Business Panel Proposals for Section 1033 Rulemaking
October 27, 2022 Washington, DC- Following today’s Consumer Financial Protection Bureau publication of proposals for the upcoming Small Business Regulatory Enforcement Flexibility Act (SBREFA) panel for the Dodd-Frank Section 1033 rulemaking, FDATA North America Executive Director Steve Boms released this statement.
FDATA North America Highlights Importance of API Standards and Monitoring
September 29, 2022, Washington, DC- FDATA has developed four principles that will be critical to the design of a well-implemented API environment in North America.
FDATA North America Submits Comments to Canada’s Standing Committee on Finance Pre-2023 Budget Consultations
September 26, 2022, Washington, DC – Today, FDATA North America submitted comments to Canada’s Standing Committee on Finance (FINA) as part of its pre-budget consultations in advance of the 2023 budget.
FDATA North America Responds to Banking Trade Associations’ Petition Urging CFPB Supervision of Data Recipients
August 2- FDATA released a statement following a petition from several US banking trade associations to the CFPB urging supervision of both data aggregators and recipients.
FDATA North America Submits Comments to Canada’s OSFI on Draft Guideline B-10: Third Party Risk Management
June 29- FDATA’s comment letter focused on the interplay between this draft consultation and the concurrent development of Canada’s open banking framework, particularly the importance of clearly distinguishing third-party providers from open banking providers that will be accredited under the new OB system.
FDATA North America Responds to CFPB Request for Information (RFI) on ‘Junk Fees’
April 8, 2022- FDATA used this opportunity to once again urge the CFPB to finalize a regulation under Section 1033 of the Dodd-Frank Act, an action which would create a long-overdue consumer data right in the US.
FDATA NA and Paytechs of Canada Release Landmark Survey on Canadian Consumer and Small Business Attitudes Toward Financial Sector and Open Banking
April 4, 2022: A newly released joint survey of Canadian consumers and small businesses from FDATA NA and Paytechs of Canada shows about half of respondents report feeling stress when interacting with the financial services sector and two-thirds believe more market competition would lead to better choices. Large majorities also agreed that nonbank fintech apps are easy to use, have lower fees, and help save money.
FDATA North America Applauds Choice for Canadian Open Banking Lead
March 22, Washington, DC – The Financial Data and Technology Association (FDATA) of North America today issued a statement following the announcement that Abraham Tachjian will serve as Canada’s Open Banking Lead.
FDATA North America Submits Letter to NIST on Draft Open Banking Report
FDATA NA’s analysis found several shortcomings in this paper, including incomplete definitions of open banking and proprietary data; failure to articulate the central role of regulatory leadership in well-implemented open banking frameworks; and incomplete discussion of the technological realities under which open banking solutions are currently delivered in the United States and in other jurisdictions across the globe. In our letter, we strongly and specifically described each of these concerns and encouraged NIST to appropriately revise this draft report.
FDATA North America Submits Comments to Canada’s Department of Finance in Response to 2022 Budget Consultation
February 22, 2022, Washington, DC – Today, the Financial Data and Technology Association (FDATA) of North America submitted comments to Canada’s Department of Finance in Response to its 2022 Budget Consultation.
FDATA North America Submits Comments to OSFI’s Consultation on Technology and Cyber Risk Management
February 7, 2022, Washington, DC – Today, the Financial Data and Technology Association (FDATA) of North America submitted comments to the Office of the Superintendent of Financial Institutions (OSFI) as part of its public consultation on Draft Guidance B-13: Technology and Cyber Risk Management.
FDATA North America Joins Industry Trade Groups in Letter to Department of Finance on Implementation of Recommendations from the Advisory Committee on Open Banking Report
November 10, 2021, Washington, DC – Last week, the Financial Data and Technology Association (FDATA) of North America, along with the Paytechs of Canada Association and the Canadian Lenders Association (CLA), sent a joint letter to Finance Minister Chrystia Freeland requesting that the Department adopt the phase one and two recommendations of the Advisory Committee on Open Banking report and urging its public support for the same.
FDATA North America Congratulates Chopra on Confirmation, Calls for Speedy Action on Open Finance Regulation
September 30, 2021, Washington, DC – The Financial Data and Technology Association (FDATA) of North America today issued a statement following the successful Senate confirmation for Rohit Chopra to be director of the Consumer Financial Protection Bureau.
FDATA North America Submits Comments to US House Consumer Protection Subcommittee on the Future of Banking
September 29, 2021, Washington, DC – Today, FDATA North America submitted a letter for the record for the U.S. House Financial Services Committee’s Subcommittee on Consumer Protection and Financial Institutions hearing “The Future of Banking: How Consolidation, Nonbank Competition, and Technology are Reshaping the Banking System.” The letter outlines FDATA North America’s mission to advocate for a financial ecosystem in which the end user has complete utility of their financial data.
FDATA North America Submits Comments to US Financial Regulators’ Request for Comment on Managing Risks Associated with Third-Party Relationships
September 23, 2021, Washington, DC – Today, the Financial Data and Technology Association (FDATA) of North America submitted comments to the US financial regulators as part of their proposed interagency guidance and request for comment on managing risks associated with third party relationships.
FDATA North America Submits Comments to House Fintech Task Force on Data Access
September 20, 2021, Washington, DC – Today, FDATA North America submitted a letter for the record for the U.S. House Financial Services Committee’s Task Force on Financial Technology’s hearing “Preserving the Right of Consumers to Access Personal Financial Data.” The letter outlines FDATA North America’s mission to advocate for a financial ecosystem in which the end user has complete utility of their financial data.
FDATA North America Submits Comments to Ontario’s Privacy Protection Engagement Consultation
September 3, 2021, Washington, DC – Today, the Financial Data and Technology Association (FDATA) of North America submitted comments to Ontario’s consultation on efforts to strengthen and modernize privacy protections in the province.
FDATA North America Submits Comments to Alberta’s Privacy Protection Engagement Consultation
August 18, 2021, Washington, DC – Today, the Financial Data and Technology Association (FDATA) of North America submitted comments to Alberta’s consultation on efforts to strengthen and modernize privacy protections in the province.
FDATA North America Applauds Release of Final Report of Canadian Advisory Committee on Open Banking
August 4, 2021, Washington, DC –The Financial Data and Technology Association (FDATA) of North America today issued a statement following Finance Minister Chrystia Freeland’s release of the report customer-directed finance (CDF) by the Advisory Committee on Open Banking.
FDATA North America Submits Comments to Canada’s Standing Committee on Finance Pre-2022 Budget Consultations
August 3, 2021, Washington, DC – Today, the Financial Data and Technology Association (FDATA) of North America submitted comments to Canada’s Standing Committee on Finance (FINA) as part of its pre-budget consultations in advance of the 2022 budget.
FDATA North America: White House EO Will Help Individuals, Families and Small Businesses Recovering From Pandemic
Contact: Kerrie Rushton, (202) 365-6338, krushton@allonadvocacy.com July 9, 2021, Washington, DC – The Financial Data and Technology Association (FDATA) of North America today issued a statement following the release of President Joe Biden’s Executive Order on financial competition. In the order, the president directs the Consumer Financial Protection Bureau (CFPB) to issue a regulation that would […]
FDATA North America Submits Comments to US Financial Regulators’ Request for Information on Financial Institutions’ Use of AI and ML
June 29, 2021, Washington, DC – Today, the Financial Data and Technology Association (FDATA) of North America submitted comments to the US financial regulators as part of their Request for Information (RFI) on financial institutions’ use of artificial intelligence (AI), including machine learning (ML). The Federal Reserve, Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (NCUA), National Credit Union Administration (NCUA), and Office of the Comptroller of the Currency (OCC) sought comments on the use of AI by financial institutions and their products and services to consumers.
FDATA North America Welcomes Three New Members
April 6, Washington, DC – The Financial Data and Technology Association (FDATA) of North America today announced it has added three new members—BillGO, Codat, and ValidiFI— boosting the organization’s roster of member companies and organizations to 28.
FDATA North America Sends Letter to Canada’s Department of Finance on Next Steps in Delivery of CDF
March 15, 2021, Washington, DC – Today, the Financial Data and Technology Association (FDATA) of North America submitted comments to Canada’s Department of Finance outlining its key recommendations for next steps in the deliver of Customer-Directed Finance (CDF).
FDATA North America Responds to US CFPB ANPR on Consumer Access to Financial Records
February 3, 2021, Washington, DC – Today, FDATA North America submitted comments to the US Consumer Financial Protection Bureau (CFPB) in response to its Advanced Notice of Proposed Rulemaking (ANPR) regarding consumer access to financial records, or Section 1033 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
FDATA North America Outlines the Negative Consequences of Mandating a 90-Day Reauthentication Requirement
November 17, 2020, Washington, DC – In response to ongoing discussions by large U.S. financial institutions and some policymakers to impose a mandatory 90-day reauthentication requirement for customers wishing to utilize third-party financial tools, the Financial Data and Technology Association (FDATA) of North America today released a paper that outlines the detrimental impact this requirement would have based on the real-world experience of consumers in the European Union and United Kingdom whose access to financial technology tools is hindered by a similar requirement.
FDATA North America Statement on the CFPB ANPR on Dodd-Frank 1033
October 22, Washington, DC – Steve Boms, Executive Director of the Financial Data and Technology Association (FDATA) of North America released the following statement regarding the Consumer Financial Protection Bureau’s advanced notice of proposed rulemaking (ANPR) on Section 1033 of the Dodd-Frank Act.
FDATA North America Options for Governance of Customer-Directed Finance in Canada
As the Department of Finance enters the second phase of its consultative process, FDATA North America provided several suggestions that should act as a guide for the deployment of a successful open finance regime, gleaned from experience in other markets.
FDATA North America Submits Comments to US FDIC on Standard Setting and Voluntary Certification Models for Third-Party Providers
September 21, 2020, Washington, DC – Today, FDATA North America submitted comments to the US Federal Deposit and Insurance Corporation (FDIC) in response to its Request for Information (RFI) on standard setting and voluntary certification for models and third-party providers of technology and other services.
FDATA North America Submits Comments to US OCC in Response to its ANPR on Digital Activities
July 29, 2020, Washington, DC – Today, FDATA North America submitted comments to the US Office of the Comptroller of the Currency (OCC) in response to its Advanced Notice of Proposed Rulemaking (ANPR) regarding national bank and federal savings associations digital activities.
FDATA North America Welcomes Two New Members
July 28, 2020, Washington, DC – The Financial Data and Technology Association (FDATA) of North America today announced it has added two new members, boosting the organization’s roster of member companies and organizations united behind the notion that consumers and small businesses should have full utility over their own financial data.
FDATA North America Outlines Competition Issues Surrounding Open Banking
July 17, 2020, Washington, DC – Today, the Financial Data and Technology Association (FDATA) of North America released a paper on competition issues surrounding customer-directed finance and the financial data access competitive landscape in Canada. The paper’s release comes ahead of a virtual presentation by FDATA North America Executive Director Steve Boms, Senator Colin Deacon, and Michael Binetti, partner at Affleck Greene McMurtry LLP.
FDATA Successful in Collaborative Bid for £23m GOFCoE Funding
June 26, 2020, Edinburgh, Scotland: Today, FDATA Global Executive Chairman Gavin Littlejohn announced in a letter to FDATA membership the association’s success in acquiring £23m in funding for the Global Open Finance Centre of Excellence (GOFCoE) to advance Open Finance across the United Kingdom, Europe, and around the world.
FDATA North America Statement on Mastercard Acquisition of Finicity
June 23, 2020, Washington, DC: Steve Boms, executive director of the Financial Data and Technology Association (FDATA) North America released the following statement regarding Mastercard’s acquisition of Finicity.
FDATA North America Outlines Competition Issues Surrounding Open Banking
June 2, 2020, Washington, DC – Today, the Financial Data and Technology Association (FDATA) of North America released a paper on competition issues surrounding open finance and the financial data access competitive landscape in the United States. The paper’s release comes ahead of a virtual presentation by FDATA North America Executive Director Steve Boms and Duane Pozza, partner at Wiley LLP.
FDATA North America Submits Comments to US CFPB on Consumer Financial Protection Law
May 27, 2020, Washington, DC – Today, FDATA North America submitted comments to the US Consumer Financial Protection Bureau’s (CFPB) Task Force on Federal Financial Law following its Request for Information on options to harmonize, modernize, and update Federal consumer financial protection laws.
FDATA North America Welcomes Four New Members
May 26, 2020, Washington, DC – The Financial Data and Technology Association (FDATA) of North America today announced it has added four new members, boosting the organization’s roster of member companies and organizations united behind the notion that consumers and small businesses should have full utility over their own financial data.
FDATA North America Submits Letter to House Financial Services Committee on Consumer Financial Data Privacy
May 21, 2020, Washington, DC – Today, FDATA North America submitted a letter to the U.S. House Committee on Financial Services on consumer financial data privacy.
FDATA North America and Canadian Lenders Association Call for Fintech Participation in Canada’s COVID-19 Response
April 24, 2020, Washington, DC and Toronto -The Financial Data and Technology Association (FDATA) North America today announced its endorsement of the Canadian Lenders Association (CLA) proposal to include financial technology (fintech) participation in Canada’s COVID-19-related financial relief programs for small and medium-sized enterprises (SMEs).
FDATA North America to Highlight the Need for a Legal Consumer Data Right at CFPB Data Access Symposium
February 25, 2020, Washington, DC – FDATA North America has submitted remarks to the Consumer Protection Financial Bureau (CFPB) in advance of tomorrow’s symposium on Consumer Access to Financial Records.
FDATA North America Statement on Clearing House Purchase of Akoya
February 20, 2020, Washington, DC: Steve Boms, executive director of the Financial Data and Technology Association (FDATA) North America released the following statement regarding The Clearing House’s acquisition of Akoya.
FDATA North America Statement on Department of Finance Canada Open Banking Report
January 31, 2020, Washington, D.C. – The Department of Finance Canada today released “Consumer-Directed Finance: The Future of Financial Services,” which is the result of more than nine months of consultation with stakeholders in the financial services and financial technology sectors. Financial Data and Technology Association (FDATA) of North America Executive Director Steve Boms issued the following statement upon release of the report:
FDATA North America Highlights the Importance of Credential-Based Authentication in the Absence of a Viable Alternative
January 30, 2020, Washington, DC – Today, FDATA North America released a paper that summarizes the critical need for credential-based authentication to continue in order for consumers to maintain access to the tools on which they depend to manage their financial wellness.
FDATA North America’s Response to Visa’s Acquisition of Plaid
Steve Boms, executive director of the Financial Data and Technology Association (FDATA) North America released the following statement regarding Visa’s acquisition of Plaid
FDATA North America Submits Comments to US House Financial Technology Task Force on Big Data in Financial Services
November 20, 2019, Washington, DC – Today, FDATA North America submitted comments to the US House Financial Services Committee Task Force on Financial Technology in advance of its November 21st hearing, “Banking on Your Data: the Role of Big Data in Financial Services.”
FDATA North America Outlines “Essential Ingredients” for Industry-Led Open Banking Work Groups
November 19, 2019, Washington, DC – FDATA North America today announced the release of a white paper that provides guidance to United States and Canadian standards-creation bodies and policymakers as they seek to establish industry-led working groups that would begin to design voluntary standards around open banking regimes in their respective countries.
FDATA North America Submits Whitepaper to Finance Canada on Digital Identity
October 4, 2019, Washington, DC – Today, FDATA North America submitted a whitepaper to Canada’s Department of Finance on digital identity and the notion that it is not a necessary component of open banking.
FDATA North America Submits Comments to US House Financial Technology Task Force on Alternative Data in Underwriting
July 24, 2019 – Today, FDATA North America submitted comments to the US House Financial Services Committee Task Force on Financial Technology in advance of its July 25th hearing, “Examining the Use of Alternative Data on Underwriting and Credit Scoring to Expand Access to Credit.”
FDATA North America Welcomes Five New Members
July 9, Washington, DC – The Financial Data and Technology Association (FDATA) of North America today announced it added five new members in June, bringing the association’s total membership to 22.
FDATA North America Highlights Importance of Consumer Data Ownership Before U.S. Congress
In advance of the first hearing of the United States House of Representatives’ Task Force on Financial Technology, titled “Overseeing the Fintech Revolution: Domestic and International Perspectives on Fintech Regulation,” the Financial Data and Technology Association (FDATA) of North America submitted a Letter for the Record on the importance of adopting a modernized financial regime, similar to other countries around the world, that provides consumers with the legal right to their financial data in a well-managed, safe and secure ecosystem.
Financial Data and Technology Association and OpenID Foundation in Global Agreement
May 7, 2019 – The OpenID Foundation (OIDF), the international standardization organization which maintains a standard known as the Financial-grade API (FAPI), and the Financial Data and Technology Association (FDATA Global), the global trade association for companies working to promote ‘open finance’ and best practice financial data sharing, have signed a liaison agreement to enable them to work jointly across the world.
FDATA North America Highlights Benefits of Open Banking for U.S. Consumers
April 2, 2019, Washington, DC – The Financial Data and Technology Association of North America today released a new paper, “Opportunities in Open Banking,” that outlines the benefits of open banking for U.S. consumers, businesses, financial institutions and the economy.
FDATA North America Highlights Benefits of Open Banking for Canadian Consumers
March 20, 2019, Washington, DC – In advance of a Canada Standing Senate Committee on Banking, Trade and Commerce hearing on March 21, the Financial Data and Technology Association today released a new paper, “Opportunities in Open Banking,” that outlines the benefits of open banking for Canadian consumers, businesses, financial institutions and the economy.
FDATA North America Submits Comments to US Senate Banking Committee on Data Privacy
FDATA North America has published a submission to Finance Canada’s Open Banking Review.
Open Banking in the UK: Setting the Record Straight
FDATA North America has published a submission to Finance Canada’s Open Banking Review.
FDATA’s submission to Finance Canada’s Open Banking Review
FDATA North America has published a submission to Finance Canada’s Open Banking Review.
Open Banking: The Bipartisan Issue of 2019
While the U.S. government hobbles from one crisis to the next — the partial shutdown is just the latest example — policymakers in several other countries are staking out long-term positions that embrace financial technology innovation for the benefit of their citizens.
The consumer case for open banking
Collectively, the fintech members of the Financial Data and Technology Association of North America provide approximately 3.5 million Canadians – about 15 per cent of the country’s adult population – with access to new, technology-powered financial tools that help them manage their finances. Despite an ambiguous regulatory environment that can sometimes lead to blockages and restrictions from their banks, these consumers and small businesses have voted with their smartphones in favour of financial technology.
FDATA submission to GFIN consultation
FDATA North America has published a submission to the Global Financial Innovation Network’s (GFIN) consultation, via the Bureau of Consumer Financial Protection.
FDATA North America’s submission to the Global Financial Innovation Network
FDATA North America has published a submission to the Global Financial Innovation Network’s (GFIN) consultation, via the Bureau of Consumer Financial Protection. FDATA North America GFIN submission
FDATA North America submission to GFIN consultation
FDATA North America has published a submission to the Global Financial Innovation Network’s (GFIN) consultation, via the Bureau of Consumer Financial Protection.
Steve Boms article on National Newswatch
For Canadian Consumers and Small Businesses, Open Banking is the Way Forward
Coverage of FDATA North America’s launch
American Banker and Finextra cover launch of FDATA North America Sept. 21, 2018, Washington, DC— The launch of the Financial Data and Technology Association’s (FDATA) North America chapter was covered in two major financial publications today. You can read American Banker’s story here, and Finextra’s here.
Coverage of FDATA North America’s launch
American Banker and Finextra cover launch of FDATA North America
Leading Fintech Trade Association Launches North American Arm
FDATA-North America to Advocate for Open Banking Rules in Canada, Mexico & the United States Sept. 20, 2018, Washington, DC— The Financial Data and Technology Association (FDATA), which played a pivotal role over the last five years in crafting the design and implementation of open banking standards in the United Kingdom and in Europe, announced today […]
Leading Fintech Trade Association Launches North American Arm
FDATA-North America to Advocate for Open Banking Rules in Canada, Mexico & the United States
FDATA WELCOMES THE START OF OPEN BANKING
Leading fintech trade association calls launch “the first waypoint on a long journey” The Financial Data and Technology Association, the leading advocate of open banking in the UK and around the world, has welcomed the parallel implementation of PSD2 across Europe, and the launch of Open Banking amongst the large banks here in the UK. […]
Video Member Spotlight: Inverite
This month’s FDATA Member Spotlight features Karim Nanji, Chief Executive Officer, Inverite.
Video Member Spotlight: Envestnet Yodlee
This month’s FDATA Member Spotlight features Kat Cloud, Principal Director Open Banking Compliance, Envestnet Yodlee.
Video Member Spotlight: Xero
This month’s FDATA Member Spotlight features Michael Cascone, Vice President, Government Experience, Americas, Xero.
Video Member Spotlight: Ozone API
This month’s FDATA Member Spotlight features Eyal Sivan, General Manager, North America, aka. Mr. Open Banking, Ozone API.
Video Member Spotlight: ByAllAccounts
This month’s FDATA Member Spotlight features Brian Costello, the Head of ByAllAccounts Data Aggregation Strategy and Governance at Morningstar Wealth.
Video Member Spotlight: Portabl
This FDATA Member Spotlight features Nate Soffio, Co-Founder and CEO of Portabl.
Video Member Spotlight: Envestnet
This month’s FDATA Member Spotlight features Lisa Novier, Head of Governance, Risk and Compliance at Envestnet Data Analytics.
Video Member Spotlight: Method Financial
This month’s FDATA Member Spotlight features Mit Shah, COO and Co-Founder of Method Financial.
Video Member Spotlight: Questrade
This FDATA Member Spotlight features Christine Day, Chief Information Officer at Questrade.
Video Member Spotlight: EQ Bank
This month’s FDATA Member Spotlight features Cathy Ly, Vice President of Customer Experience and Operations at EQ Bank.
Video Member Spotlight: Flinks
This month’s FDATA Member Spotlight features Dominique Samson, VP of Corporate Affairs at Flinks.
Video Member Spotlight: Betterment
This month’s FDATA Member Spotlight features Josh Rubin, Associate General Counsel of Betterment.
Video Member Spotlight: Trustly
This month’s FDATA Member Spotlight features Pete Ohser, Director, Americas for Trustly.
Video Member Spotlight: Codat
This month’s FDATA Member Spotlight features Gabby Macsweeney, Head of Communications and Public Policy for Codat.
Video Member Spotlight: Xero
FDATA North America member Xero is a cloud-based accounting software platform for small businesses with more than 3 million subscribers globally. This Member Spotlight interview features Faye Pang, Xero’s Country Manager for Canada.
Video Member Spotlight: MX
FDATA member MX has been a leader in the open banking movement in North America with their approach to modern connectivity. In this interview, Chief Advocacy Officer Jane Barratt explains how the company has been on the front lines of promoting open baking to the public and policymakers.
Member Spotlight: Xero
Xero is a cloud-based accounting software platform for small businesses with more than 3 million subscribers globally. Through Xero, small businesses and their advisors have access to real-time financial data at anytime, anywhere, and on any device.
Member Spotlight: TransUnion
TransUnion has been on the cutting edge of consumer data technology for more than half a century and is one of the world’s leading global information and insights companies. TransUnion serves consumers in more than 30 countries on five continents. In the United States alone, more than 166 million people have received free access to their credit information through TransUnion or its partners.
Member Spotlight: Petal
Technology has changed the way people bank, invest, and manage their money. Petal takes a new approach to consumer credit, enabling customers to use their own bank account data – rather than a traditional credit report – to access safe and affordable financial products and services and to build credit, avoid debt, and spend responsibly.
Member Spotlight: MX
Founded in 2010, MX helps organizations everywhere connect to consumers’ financial data to deliver intelligent and personalized money experiences. MX leads the industry with the most secure, reliable and direct API connections to the world’s top financial institutions using the most advanced AI and machine learning enhancement engine to categorize transaction data with 98 percent coverage. By connecting with 16,000 financial institutions and fintechs, MX provides the industry’s most reliable and secure data connectivity network reaching more than 200 million consumers worldwide.
Member Spotlight: Basis Theory
Basis Theory has built a developer platform for encryption and tokenization that can accommodate any type of data (including sensitive payments data). The company, launched in 2021 and fully distributed, helps financial services and financial technology clients stay in complete control of their customer’s data without taking on the compliance burden. The company was built during the COVID-19 pandemic, when, overnight, consumers become even more reliant on technology to shop, order take out, see their doctor and, of course, bank. Over those months of isolation, founders Brian Billingsley, Colin Luce, and Ben Milne and their team of engineers “built a secure PCI-compliant foundation to enable the collection and storage of payments data” on the Basis Theory platform.
Member Spotlight: Marble
What sort of promise does open banking and customer-directed finance hold for Canadians? As Marble Financial CEO Karim Nanji has said, “The amalgamation of customer data provides an opportunity for Marble to offer and deliver more efficient processing and approvals of credit solutions. Ultimately, we collect the customers goals which along with the consolidation of financial data creates an opportunity for us and our partners to access this information to provide new services and more robust solutions in the areas of personal finance, money management including savings, investment, tax and insurance.”
Member Spotlight: Interac
In 1984, Canada’s top financial institutions came together to create Interac Association, a cooperative venture dedicated to giving Canadians broader access to their money through a single shared network. Twelve years later, eight of the founding institutions created Acxsys Corporation, a new entity that would develop new business partnerships and services for financial transfer, online […]
Member Spotlight: M Science
M Science is a groundbreaking analytics firm that provides research, data, and pioneering methodologies to financial institutions and corporations. Their experts take unstructured data in near real-time and discern critical insights that help clients make smarter, more informed business decisions. Specifically, the firm provides: Data-driven research that leverages data and domain expertise to provide in-depth […]
Member Spotlight: Intuit
Intuit is a global technology platform that helps customers and communities overcome their most important financial challenges. Serving approximately 100 million customers worldwide with TurboTax, QuickBooks, Credit Karma and Mint, Intuit believes that everyone should have the opportunity to prosper and works tirelessly to find new, innovative ways to deliver on this belief. Founded 38 […]
Member Spotlight: Kabbage
In the wake of the Great Recession, Kathryn Petralia and Rob Frohwein launched Kabbage, a startup whose mission would be to use data-driven solutions to empower small businesses to grow with flexibility, efficiency, and prudence. Since then, Kabbage, which is now an American Express company, transformed itself from a funding startup for eBay sellers into […]
Member Spotlight: SaltEdge
Founded in 2013 , Salt Edge Inc., a leader in creating and providing open banking solutions, takes intercommunications and interoperability between banks, third-party service providers, and their end-users to a whole new level. The company achieves this goal by creating stable, secure connectivity channels between financial institutions and their consumers. For consumers, Salt Edge’s solutions […]
Member Spotlight: BillGO
Founded in 2015, BillGO is driven by the core belief that everyone deserves access to a healthy financial future. BillGO helps facilitate this access by providing consumers, billers, fintechs and financial institutions with a faster, smarter, more secure way to pay and manage bills and subscriptions. So how can bill payment technology improve financial wellbeing? […]
Member Spotlight: Codat
Codat works with small businesses across the globe to help them harness their data in a way that allows firms to grow. Founded in the United Kingdom in 2017, Codat recently expanded its operations into North America. How will businesses in the United States and Canada benefit from this move? During the COVID-19 crisis, Codat’s […]
Member Spotlight: Experian
While Experian is primarily recognized as one of the three nationwide credit bureaus, the company has a diverse business that provides an array of data and analytical tools. At its core, Experian is committed to helping people and businesses take control of their financial well-being and to seize new opportunities. In many parts of the […]
Member Spotlight: ValidiFI
Can open finance positively impact the traditional financial services sector? ValidiFI has proven it can. ValidiFI is a technology company that delivers data solutions to business and financial service providers. Simply: through a combination of technology and strategic partnerships, ValidiFI creates better ways to validate and analyze customer information. ValidiFI’s data—which is sourced from banks, […]
Member Spotlight: Fiserv
Established in 1984, Fiserv is a leading global provider of payments and financial services technology, including data aggregation. Today, the firm, which has been named among Fortune “World’s Most Admired Companies” for eight years running, helps thousands of financial institutions, millions of businesses, and tens of millions of consumers in more than 100 countries move […]
Member Spotlight: Envestnet | Yodlee
A founding member of FDATA North America, Envestnet® | Yodlee® is one of the world’s leading data aggregation and analytics platforms for financial service providers. Our platform has proudly fueled innovation for financial institutions (FIs) and FinTech for more than 20 years, and has refined the art of normalizing, categorizing, and enriching data, making the […]
Member Spotlight: DirectID
Most consumers are aware that their financial institution holds all kind of information about them that is used to determine everything from interest rates to credit-worthiness. But how could this data be used by small enterprises, and consumers themselves, for consumers’ own benefit? That was the question DirectID CEO James Varga asked about a […]
Member Spotlight: AIR
The Alliance for Innovative Regulation, or AIR, is a nonprofit organization dedicated to bringing financial regulation into the 21st century. What would consumers and small businesses have to gain from this move? According to AIR, improved financial inclusion, better consumer protection, lower rates of financial crime, and continuous innovation that helps them save and earn more and that drives economic expansion.
Member Spotlight: APImetrics
Headquartered in Seattle, FDATA North America member APImetrics offers the fintech industry’s only intelligent, analytics-driven API performance solution built specifically for the enterprise. By interfacing with all current and legacy API protocols, APImetrics helps companies to know if their APIs are performing as designed. Clients include Microsoft, Philips Signify, leading global banks, and mobile telephone carriers.
Member Spotlight: Trustly
Trustly joined FDATA North America to bring more opportunities like these to more consumers in the United States and Canada. “We look forward to helping U.S.and Canadian consumers pay their favorite merchants and billers with our Online Banking Payments service, a modern, simple and safe alternative to cards,” said Alex Gonthier, CEO of Trustly Inc.
Member Spotlight: EQ Bank
EQ Bank is the digital banking platform offered by Equitable Bank, Canada’s Challenger Bank™. Equitable employs more than 900 Canadians and is now the country’s ninth largest independent Schedule I bank. Launched in 2016, EQ Bank provides state-of-the-art digital banking services, including the Savings Plus Account which reimagines banking by offering an everyday high interest rate, plus the flexibility of a checking account, with free transactions, no everyday banking fees, no minimum balances, fast, cheap, and fully transparent international money transfers, and more—all from one account.
Member Spotlight: Flinks
Founded in 2016, Flinks is a Montreal-based company that empowers businesses to provide better financial services to consumers and small businesses. Data security and privacy are among the company’s very top priorities.
Member Spotlight: Fintech Growth Syndicate
Since its founding in 2016, Canada’s Fintech Growth Syndicate (FGS) has won multiple awards and helped companies transform through corporate innovation. FGS is a trusted innovation firm for large international and Canadian corporations, visionary startups, multi-stakeholder organizations, academic institutions, and governments.
Member Spotlight: Questrade
Questrade, an FDATA North America founding member, offers Canadians simpler and more affordable ways to become financially successful and secure. Founded in 1999, the firm is now the country’s fastest growing online brokerage firm, and has been named as one of Canada’s Best Managed Companies for nine consecutive years.
Member Spotlight: Wealthica
In 2015, Martin Leclair and Simon Boulet launched Montreal-based Wealthica to “challenge the status quo of financial institutions and portfolio advisers.” The company continues that mission today by helping tens of thousands of investors see all their investments on a single dashboard.
Member Spotlight: Mogo
Founded in 2003, Mogo is Vancouver-based financial technology company that offers a finance app that empowers consumers with simple solutions to help them get in control of their financial wellness.
Member Spotlight: VoPay
VoPay, whose mission is to digitize online bank account payments with speed, transparency and traceability, joined FDATA North America because it believes creating connections between financial institutions and global digital enterprises will “democratize financial services for everyone.”
FDATA North America July 2025 Newsletter
This is the July 2025 edition of the FDATA Monthly Newsletter.
FDATA North America June 2025 Newsletter
This is the June 2025 edition of the FDATA NA Monthly Newsletter.
FDATA North America May 2025 Newsletter
This is the May 2025 edition of the FDATA NA Monthly Newsletter.
FDATA North America April 2025 Newsletter
This is the April 2025 edition of the FDATA NA Monthly Newsletter.
FDATA North America March 2025 Newsletter
This is the March 2025 edition of the FDATA NA Monthly Newsletter.
FDATA North America February 2025 Newsletter
This is the February 2025 edition of the FDATA NA Monthly Newsletter.
FDATA North America January 2025 Newsletter
This is the January 2025 edition of the FDATA NA Monthly Newsletter.
FDATA North America December Newsletter
This is the December 2024 edition of the FDATA NA Monthly Newsletter.
FDATA North America November Newsletter
This is the November 2024 edition of the FDATA NA Monthly Newsletter.
FDATA North America October Newsletter
This is the October 2024 edition of the FDATA NA Monthly Newsletter.
