Open Finance & CoP Connect

Canada's Consumer-Driven Banking Act (CDBA) and Payments Canada's Real-Time Rail (RTR) are set to transform the Canadian financial services landscape and create significant opportunities alongside complex implementation challenges.

The CDBA will establish the legislative foundation for secure, consumer directed data sharing, while RTR will introduce centralized fraud mitigation services. Within this framework, Confirmation of Payee (CoP) will play a critical role in strengthening trust, reducing misdirected payments, and protecting customers from fraud.

Banfico brings proven expertise from global Open Finance implementations and account verification frameworks, including CoP in the UK, Verification of Payee (VOP) in the EU, and Account Verification Services across more than 60 jurisdictions.

Join us for an interactive session featuring:

• Expert insights on CDBA and CoP implementation
• Practical lessons learned from international deployments
• Networking opportunities with peers across the Canadian financial ecosystem

Date & Venue
Date: Tuesday, March 3, 2025
Venue: The National Club, Toronto
Time: 4:00 PM – 8:00 PM
Agenda
4:00 PM – 5:15 PM | Welcome & Networking
5:15 PM – 5:45 PM | Presentation: Lessons Learned from Global Open Finance Implementations
5:45 PM – 6:15 PM | Presentation: The Key Challenges of CoP
6:15 PM – 6:30 PM | Q&A
6:30 PM – 8:00 PM | Networking Reception

Please note that the agenda is subject to change.