Open Finance Network Canada

The Open Finance Network Canada (OFNC) is a non-profit industry organization, operating as a program of the Financial Data and Technology Association of Canada (FDATA). Its mission is to develop and maintain the technical specifications and operational framework required to implement a safe, secure, and consumer-centric open finance system in Canada. The OFNC collaborates with a wide range of stakeholders, including banks, credit unions, fintech companies, and government bodies, to create an interoperable standard for financial data sharing that promotes innovation and competition while prioritizing consumer consent and security.