Canada 2 to 5 Years Behind in Fintech: Peter Misek

The video discusses the historical leadership of a banking system that once led the world in ATM and debit card usage, and the creation of Interac, which was envied and copied internationally. It highlights the early adoption of EMV technology, noting that while initially ahead, the system may now lag behind by 2 to 5 years. Despite this, the video emphasizes the strength of financial institutions, the presence of developers, and available capital, which are driving successful investments in startups.

According to the text, how does the speaker view the technological gap with other regions?

What is the speaker's perspective on the potential of startups in the financial sector?