Top 10 financial institutions by market capitsalisation in 2020 include paltform business models Top 10 financial institutions by market capitsalisation in 2020 include paltform business models

5 of the Top 10 Financial Institutions are now platforms

Technology has radically changed finance over the last decade. From posing challenges such as how to digitize the incredibly huge amounts of data, to opportunities beyond what we could imagine possible, the financial services industry of 2020 is long distanced from how we knew finance back in 2010. But, how has this decade of technological changes affected the world’s top …

Wells Fargo’s Executive Vice President, Secil Watson, teaches in world’s first Open Banking Specialisation

[For Immediate Release] London, 21th of August 2020… According to Business Insider, £6.5 billion of incumbent banks’ revenue in the UK is under threat of being scooped up by fintechs and challenger banks. With intense competition from new tech players and other incumbent banks, it has never been more essential for a bank to adopt open banking as part of …

Can challenger banks ever replace incumbent banks as our primary bank account?

In 2019, Monzo hit a total of 2 million users on its app, growing at over 30,000 account openings a week. However, despite this, critics opine that such growth in the number of Monzo accounts does not call for celebration. After all, it is difficult to ascertain how many of these accounts are actually primary accounts. Monzo themselves have in …

Open Banking Masterclass DBS Bank Fintech Finance

CFTE Masterclass – The 6 Building Blocks of Open Banking

Paul Putscher

Register Now Across the globe, Open Banking is increasingly demanded by customers, and implemented by incumbents. This is proving to be the largest driver of change in the modern financial services industry. With such a contemporary subject, it can be difficult to learn about it in depth, from reliable sources. For this reason, CFTE has curated a Masterclass, granting you …