Canada finally about to get real-time payments, open banking
Yahoo Finance·2026-01-12 20:20

The government’s Budget Implementation Act includes a ban on using interfaces such as screen-scraping to gain direct access to a customer’s data for the purpose of providing financial services. “As noted in the policy document for Canada’s Consumer Driven Banking Framework , the Department of Finance will consult with stakeholders to determine an appropriate timeline for bringing the prohibition into force, once the framework is fully operational,” a Department of Finance spokesperson said.“Canada will pair ...