Technology-led innovation in the Canadian financial services sector

Competition Bureau Canada

Technology-led innovation in the Canadian financial services sector

The findings of this study are based on a review of publicly available information as well as submissions from FinTech start‑ups, incumbent financial institutions, industry experts, regulators and industry/consumer associations. The Bureau conducted 130 stakeholder interviews and 10 information sessions, participated in 13 outreach events and hosted a FinTech workshop that brought together market players, regulatory authorities and policymakers, culminating in the release of a draft report for public comment. The Bureau used the collected information to assess the impact of FinTech innovation on the competitive landscape, identify the barriers to entry and expansion of FinTech in Canada and determine whether regulatory changes may be needed to promote greater competition and innovation in the financial services sector.

Date: 2017
Format: Electronic
Catalogue Number: Iu54-65/2017E-PDF
ISBN: 978-0-660-24170-8

Available Online Only.

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