Coalition 1 – CFIT Partner Briefing Session – May 2023
On Friday 19/05 we held a short briefing session to enable those interested in partnering with CFIT to gain an understanding of what this might entail and how a coalition will run.
Speaker:
Ezechi Britton MBE (CEO of CFIT)
Agenda:
00:00 Overview of CFIT’s first coalition: Demonstrating the benefits of Open Finance
01:26 How will a coalition work?
13:02 Hearing from potential partners
26:44 Joining CFIT’s first coalition as a Partner
29:37 Q&A
30:27 If I’m a CEO of a fintech, why should I get involved?
34:04 Consumer credit files regulation permissions for partners?
36:25 Coalition activities funding?
38:00 IP innovation and competition laws?
39:48 Engagement frequency and meetings?
42:47 Structure and management?
46:50 Partner and member commitment?
51:48 Regional steering groups?
54:48 Resources from partners?
56:34 Post-coalition outcomes?
58:45 Next Steps
Summary
This first coalition focuses on unlocking datasets to show the potential of open finance in delivering better financial outcomes for SMEs and consumers across the UK.
We have started the process of identifying potential use cases within open finance to deliver the benefits of an open finance agenda. As we look to finalise these use cases in the coming weeks, we are seeking the support of partners to CFIT through a pledge of commitment.
The role of a partner is to enable the coalition working groups to achieve tangible outcomes, such as prototypes and research papers, through the provision of technology, expertise and physical space.
Alongside CFIT, the partners will play a critical role in providing the impetus needed to ensure the coalition is successful over the next 6 months.
On Friday 19/05 we held a short briefing session to enable those interested in partnering with CFIT to gain an understanding of what this might entail and how a coalition will run.
Regional workshops to follow w/c 24/05
