Google Apigee's Head of Strategy for Finance, Paul Rohan, teaches Open Banking in an online course

Google Apigee’s Head of Strategy for Finance, Paul Rohan, teaches Open Banking in an online course

Open Banking is a game-changing innovation. With a global market so pivotal that it generated $7.29 billion in 2018 and is expected to reach $43.15 billion by 2026. The first month of 2020 saw Plaid’s 5.3Bn acquisition, followed 6 months later by Mastercard buying Finicity, showing the industry’s interest in acquiring the Fintech enablers of Open Banking. Large banking institutions …

fintech AI in finance Masterclass Philip Watson citi private bank

AI in Finance: Private Banking Masterclass by Philip Watson

If the past couple of months have proven anything, it is that AI is on the rise in what the new Finance world concerns. Only last week UiPath, a Robotic Process Automation (RPA) company, raised another $250 million reaching a $10billion valuation. A CFTE research shows some banks such as Ant Financial, to be up to 100 times more efficient …

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

CFTE took a look into our own books, researching which banks we are currently using the have our salary paid into. What we found is a strong trend towards UK challenger banks. In 2019, Monzo hit a total of 2 million customers on its app, growing at over 30,000 account openings a week. However, despite this, critics opine that such …