Canadians want more control over their data: the case for consent-centric open banking

In a survey commissioned by Interac for Data Privacy Week, 77 per cent of respondents said that they feel that their personal data is more exposed than ever before.
The data is clear: consumers are interested in the benefits of open banking and optimistic about its potential, but these benefits can only be realized if they trust their data and personal information will be protected and will be theirs to control.

In recent years, Canadians have swiftly embraced digital government services, a shift driven by both necessity during the pandemic and the desire for convenient and accessible transactions. According to a

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