
Why We Launched OpenSME Before Open Banking Had a Timeline
Why We Launched OpenSME Before Open Banking Had a Timeline When we launched OpenSME in August 2025, there was no confirmed timeline for open banking in Canada and most policy discussions were still focused on consumers and fintech innovation. Very little attention was being paid to the reality of small and medium sized enterprises that make up half of Canada’s economy. We could not ignore that gap. Our clients depend on faster payments, real time










