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Senator Colin Deacon On Enabling Innovation Through Open Banking
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Open banking has the potential to transform the relationship between consumers and service providers, and fuel a powerful wave of innovation in finance. But while it revolutionizes finance in other global markets, progress is slower in Canada. That may change soon, following a report published earlier this year by the Senate of Canada that moved the conversation forward and strongly urged the federal government to swiftly implement open banking regulations. We sat down with one of the architects of that report, seasoned entrepreneur and independent Senator Colin Deacon, to talk about the merits of open banking, the end of digital serfdom and the cultural shift banks must make to become globally competitive. You can learn more about Colin Deacon's views on open banking in a series of articles he published on LinkedIn https://www.linkedin.com/in/senatorcolindeacon/detail/recent-activity/posts/ Connect brings you deep dives into the world and mindset of innovators. If you liked this conversation and don't want to miss on future episodes, catch us on: Apple Podcasts apple.co/2nvMfim Google Podcasts bit.ly/2VrX9lP Spotify spoti.fi/33hZ13a or your favorite podcast app.
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