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

Brad Carr, National Australia Bank’s (NAB) Executive, Digital Governance and Industry Engagement, explores how we can enable an open data ecosystem that extends beyond sector boundaries, to empower consumers and innovators. Addressing ‘What could the perfect ecosystem look like?’, I’m inclined to firstly argue with the premise of the question. I don’t know what the

On 30th March our community came together for FTT Lending 3.0, where we explored the key trends, innovations and technologies that are powering the future of lending. During the day, our Co-Founder and Chief Strategy Officer, Lisa Moyle, sat down with Susie Aliker, Chief Executive at Tandem Bank. The two discussed the key highlights across

Regulation will be critical to the success of open finance. On 15th November last year, we joined Gavin Littlejohn, Chair of Fdata Global, Laura Douglas, Senior Associate at Clifford Chance and moderator, Douglas MacKenzie, Host & Deputy Director of Fintech Finance on the FTT Open Finance Stage at the Fintech Talents Festival. The panel explored

Understanding open finance as a strategic direction will be critical for financial institutions who want to stay relevant. But is open finance the only realistic strategy given the way financial services has changed? Our panel – The strategic view: open is the only way ahead, sat down on the FTT Open Finance stage at the

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