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Can Canada put consumers and payments at the heart of Open Banking?
Abdi Hersi, senior manager, payments strategy at Wealthsimple, provides an update on the state of Open Banking in Canada, given the ongoing consultation process, and explains why Australia’s implementation is particularly influential. He also tells Open Banking Expo’s Ellie Duncan what needs to happen for consumers to be “at the heart of the system” and why he is focused on “connecting the dots” between Canada’s Real-Time Rail and Open Banking.
Abdi Hersi
Abdi Hersi
Regulatory Research, Developments & Payments Innovation WealthsimpleAs a member of the Payments Team at Wealthsimple, Abdi is responsible for regulatory strategy relating to payments modernization and open banking. He represents Wealthsimple at the open banking consultations that include industry, government regulators, and consumer stakeholders. Abdi is also a board member at Open Finance Canada. He has experience in government, banking and tech sectors. He is passionate about giving back to the community and advancing financial inclusion.
Ellie Duncan
Ellie Duncan
Head of Editorial & Broadcast Open Banking ExpoFormer Financial Times Group journalist Ellie Duncan has a decade of experience across financial services. While arguably best-known for her asset management work, she has also covered open banking, credit, private equity and entrepreneurship.
