The firm agreed to pay US$35 million to settle privacy violation allegations
Open banking has the potential to automate onboarding, allow for fee comparison and improve risk assessments
Bid to keep compelled testimony confidential was dismissed
Lawsuit on behalf of Canadian credit card customers seeks $800 million in damages
Regulator charges that executives allegedly diverted funds to themselves, their firm
The agreement would allow eligible individuals affected by the breach to receive payment
Most consumer respondents (78%) feared their personal data could be stolen from financial institutions
The firm failed to adopt recommendations from regulator, internal auditors
Evidence released by the regulator is being used in a potential class action
Industry group says added provincial rules not needed