banking
Changing Banks’ Approach to Financial Wellness
Tuesday 19 April 2022
Changing Banks’ Approach to Financial Wellness Fintechs are finally having their moment in the sun. Last year, venture capital firms showered fintechs with record-breaking funding – a 169% increase since 2020 according to CB Insights’ 2021 State of Venture Report – and that’s just the tip of the iceberg. Researchers predict funding will surge beyond
- Published in Content
The New Frontier of Banking is In the Metaverse, Not The Matrix
Tuesday 12 April 2022
In an iconic movie movement, Morpheus (played by Laurence Fishburn) presents Neo (the infamous Keanu Reeves) in The Matrix two possibilities: A blue pill that will take him back to his comfortable, familiar reality and a red pill that will expose him to a world of truth. We all know which choice he made. The
- Published in Content, Embedded Finance
The great product re-bundling journey has begun
Tuesday 08 February 2022
Tech-driven banking began innovating and addressing specific needs and was coined “The great un-bundling”. Currently we are seeing trends towards the opposite direction, as fintechs have begun to ‘re-bundle’ some of these innovations in an effort to scale up and increase market share. What are the benefits and challenges of these trends? At FTT Embedded
- Published in Blog, Community, Community & Events, Content, Customer Experience, Embedded Finance, Partnership, Video
Open banking and the lifelong financial journey
Tuesday 01 February 2022
Until 2018, every stage of the customer’s financial journey was typically owned by traditional banks. Regulation opened competition by requiring banks to share customer’s data to third parties of the customer’s choice. Open finance has granted entry into the market for new players, and fintechs are digitising processes at one or more stages of the
- Published in Content, Embedded Finance, Fintech
Starting from fresh: the benefits of building a greenfield bank
Tuesday 25 January 2022
Why do established banks create new entities rather than devoting resources to improving the existing organisation? What are the drivers that underpin that strategic decision? In the buy, partner, rent or create decision making tree, what are the benefits of starting from scratch? The decision clearly comes with some eye caching job titles (Ivan
- Published in Content, Embedded Finance, FTT Lending, Video
Time is money: innovation in SME Finance
Tuesday 07 December 2021
On 16th November, the open finance community took their seats to hear from some of the leaders in SME finance. The panel, titled , Open for business: innovation in SME finance, explored some of the key challenges that SMEs are facing at this stage in the pandemic, how open banking is accelerating the process of
- Published in Video
Open and in control? A consumer perspective
Tuesday 02 November 2021
Open and in control? A consumer perspective Once a radical idea in the banking industry, open finance has now become commonplace. The benefits to consumers and financial institutions alike is clear with this data revolution offering people more control over their finances than ever. Innovation is also being fostered thanks to open finance giving customers access to
- Published in Content
An overdue conversation for financial services: Where are we really headed next? Come commune with us in London
Tuesday 26 October 2021
An overdue conversation for financial services: Where are we really headed next? If there was one theme that emerged during this pandemic, it would be one of acceleration. While much of our daily life feels like it has been in stasis these past nineteen months, it seems every area of financial services is experiencing some
- Published in Content, Embedded Finance
Embedded finance – Next Gen unbundling
Tuesday 26 October 2021
What does Embedded Finance mean for banks and established financial institutions? Is this a further disaggregation of the services they offer? Looking at some of the new ‘players’ – big tech, retailers, manufacturers and so on, will this translate into a further erosion of the incumbents’ hold on the customer? FTT Embedded Finance North America
- Published in Content, Embedded Finance
BNPL, Digital Transformation and Coldplay – A Countdown to the Festival interview with Steve Wishart
Tuesday 26 October 2021
The Countdown to the Festival continues and like the financial services industry, things are moving fast. This week, we speak to Stephen Wishart, Director of Fintech at TransUnion. Working with start-ups and established players alike, Steve is well placed to share a big picture view of fintech innovation, now and on the horizon. Things like
- Published in Content