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Wednesday, May 7, 2025

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Steve Boms

Steve Boms is the executive director of the Financial Data and Technology Association of North America.

Canada’s small businesses and consumers need open finance to navigate economic uncertainty

  • Small businesses are under increasing pressure to remain competitive and need access to modern financial tools that allow them to quickly assess costs, secure
Opinion | BY ANDREW MOOR, JASON ROSEN, KARIM NANJI, STEVE BOMS | May 5, 2025
As economic conditions continue to evolve, small businesses are under increasing pressure to remain competitive and financially resilient, write Andrew Moor, Jason Rosen, Karim Nanji, and Steve Boms. Pexels photograph by Lukas

Canada’s small businesses and consumers need open finance to navigate economic uncertainty

Opinion | BY ANDREW MOOR, JASON ROSEN, KARIM NANJI, STEVE BOMS | May 5, 2025
  • Small businesses are under increasing pressure to remain competitive and need access to modern financial tools that allow them to quickly assess costs, secure

Canada’s small businesses and consumers need open finance to navigate economic uncertainty

Opinion | BY ANDREW MOOR, JASON ROSEN, KARIM NANJI, STEVE BOMS | May 5, 2025
  • Small businesses are under increasing pressure to remain competitive and need access to modern financial tools that allow them to quickly assess costs, secure
As economic conditions continue to evolve, small businesses are under increasing pressure to remain competitive and financially resilient, write Andrew Moor, Jason Rosen, Karim Nanji, and Steve Boms. Pexels photograph by Lukas

Canada is ready for open finance and it’s time the government deliver

  • If the government is serious about supporting consumers’ financial wellbeing and encouraging competition, it's time to prioritize the open finance file to give all
Opinion | BY STEVE BOMS | June 8, 2023
Finance Minister Chrystia Freeland, left, tapped Abraham Tachjian as Canada’s Open Banking Lead in April 2022. Tachjian quickly convened working groups that provided input and feedback. But almost a year later, the government is no further ahead, leaving stakeholders puzzled and frustrated, says Steve Boms. The Hill Times photograph by Andrew Meade

Canada is ready for open finance and it’s time the government deliver

Opinion | BY STEVE BOMS | June 8, 2023
  • If the government is serious about supporting consumers’ financial wellbeing and encouraging competition, it's time to prioritize the open finance file to give all

Canada is ready for open finance and it’s time the government deliver

Opinion | BY STEVE BOMS | June 8, 2023
  • If the government is serious about supporting consumers’ financial wellbeing and encouraging competition, it's time to prioritize the open finance file to give all
Finance Minister Chrystia Freeland, left, tapped Abraham Tachjian as Canada’s Open Banking Lead in April 2022. Tachjian quickly convened working groups that provided input and feedback. But almost a year later, the government is no further ahead, leaving stakeholders puzzled and frustrated, says Steve Boms. The Hill Times photograph by Andrew Meade
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