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

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

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

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

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

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

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

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

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

To better prepare for the future, forward-leaning banks are capitalizing on their greatest asset – customer data – to better understand their customers and deliver personalized experiences. As the biggest banks move rapidly to deliver personalized experience, 83% of super regional and regional banks are also using third-party vendor solutions in order to deliver delightful