Innovating with Open Banking – Idriss Bouhmouch

 

In this insightful episode of Financial Technology Frontiers, Babu Nair sits down with Idriss Bouhmouch, Digital Partnerships Lead at National Bank of Canada, to explore the evolving landscape of Canadian banking. The conversation delves deep into how financial institutions are navigating the shift towards Real-Time Rails (RTR), open banking, and AI integration. Idriss shares the unique perspective of having worked on both the fintech and institutional sides, emphasizing the delicate balance between regulatory compliance and the speed of innovation. He highlights the importance of “consent for value” as open banking redefines data ownership and customer empowerment.

Idriss also underscores the need for collaboration between fintechs, banks, venture capitals, and ecosystem partners to create impactful and scalable solutions. National Bank’s strategic agility and entrepreneurial DNA allow it to compete effectively, make thoughtful investments through its venture capital arm, and engage with incubators and fintech ecosystems. Idriss envisions a future where interoperability, customer-centric design, and regulatory clarity drive the next wave of innovation in Canada’s financial ecosystem.

This episode is a must-listen for anyone looking to understand how innovation leaders like Idriss are shaping the future of banking through thoughtful partnerships and human-centered technology.