Canada’s financial services industry is on the threshold of significant and dynamic changes driven by technological development and regulatory refinements. To stay competitive in this rapidly changing environment, financial service providers like Casera need to ensure that their vision of the future is clear and their commitment to change in an increasingly digital world is unwavering.
Being ready for and willing to implement a digital transformation strategy is at the heart of our relationship with members. We understand that our members expect to be digitally connected, and our vision statement declares that Casera will continue to introduce technologies that broaden the ways we deliver service. Moving forward, we remain focused on expanding technologies that help our members prosper.
In the next while, you’ll be hearing a lot about the subject of open banking. The federal government is reviewing the framework whereby consumers and businesses can authorize third-party financial service providers to access personal data. This development has the potential to introduce consumers to new financial products and services, but there are many unanswered questions for organizations such as Casera that are currently tasked with protecting their members’ data.
Chief Executive Officer