Open Banking
Navigating the Cost of Living crisis as a Lender – FTT Chats Lending 3.0 Series
Tuesday 14 February 2023
Gerald Chappell, CEO & Co-Founder at Abound joins us in the latest edition of our FTT Chats series. Over the last few weeks, we’ve been catching up with key players in the lending ecosystem to discuss the the trends, drivers and challenges facing the sector at large. In this episode, we’re delving into data-driven consumer
- Published in FTT Lending, Innovation, Interviews, Partnership
Addressing the SME funding gap
Tuesday 07 February 2023
It’s no secret that small and medium-sized enterprises (SMEs) face intense challenges trying to gain access to funding. According to a Bank of England report, one in four small firms that apply to banks for loans are rejected, leading to an estimated £22 billion funding gap for UK SMEs. When it comes to lending, no
- Published in Blog, FTT Lending
Open finance, open data, open identity
Tuesday 28 June 2022
- Published in Community & Events, Content, Fintech, Innovation, Interviews, Opinion, Partnership, Video
Narrowing Asia’s financial inclusion gap with embedded financeÂ
Tuesday 28 June 2022
Navigating a prosperous path beyond the COVID pandemic is a key goal of countries across the world. Yet, if a successful economic plan is to be implemented, financial inclusion needs to play a central role in the strategy. While a great deal of progress has been made towards including underbanked people in the mainstream financial
- Published in Blog, Community & Events, Content, Embedded Finance, Innovation
Can direct debits survive in the digital world?
Tuesday 15 March 2022
A very interesting guest post from our friends at Tribe Payments on the future of direct debit payments and what may replace them. Are Faster Payments and VRPs the killer combination? Direct debits (BACs) and CHAPS payments have long served a useful purpose, largely due to their high transaction limit. But this dynamic changed with
- Published in Content, Embedded Finance, FTT Lending
5 ways to improve the mortgage process
Tuesday 25 January 2022
Consumer preference around communication and experience has shifted to digital across many sectors, including mortgage lending. Certain technologies will be crucial to keeping financial service providers relevant to the next generation of borrowers. An analysis by Which? showed an average of 60 UK bank branches were closed every month in 2021. Banks say this has
Is open banking really changing the mortgage game?
Tuesday 14 December 2021
Open banking has had a huge impact on many areas of lending in the recent years. Faster and better informed decisions, a wider variety of products and greater customer approval are some of the benefits that open banking has achieved. But, as we sat down on the FTT Open Finance stage at the Fintech Talents
- Published in Content
Why Open is a Closed Affair?
Tuesday 07 December 2021
Scott Wilson, VP, Mambu took to the stage on Day 1 at the Fintech Talents Festival to deliver a presentation that set-in motion many subsequent conversations across the day and beyond. Asking the question, Why open is a closed affair, Scott presented interesting findings on consumer attitudes and perspectives on Open Banking. He noted the
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