CFIT’s Coalition Model

CFIT is partnering with some of the world’s leading financial institutions, fintech companies and industry bodies to find solutions to challenges facing individuals and companies.

What is a CFIT Coalition?

A CFIT Coalition is a dynamic and purpose-driven collaboration of industry experts committed to driving tangible change in the financial technology sector. Through a research-led approach, these coalitions bring together the brightest minds and thought leaders to tackle complex challenges and unlock innovative solutions that have a real-world impact.

Our coalitions operate on a time-limited basis, harnessing the collective expertise and diverse perspectives of our members to explore and address key issues facing the fintech and wider financial services industry. By leveraging cutting-edge research, data-driven insights, and collaborative ideation, CFIT Coalitions strive to push the boundaries of what is possible in fintech.

What sets CFIT Coalitions apart is their focus on generating tangible outcomes. We go beyond theoretical discussions and aim to deliver practical solutions that drive meaningful change in the industry. Whether it’s developing minimum viable products (MVP’s) for groundbreaking technologies, shaping regulatory frameworks, or fostering strategic partnerships, CFIT Coalitions are at the forefront of innovation, making a lasting impact on the fintech landscape.

How a coalition works

Pain points and industry challenges

Identify key issues that businesses and individuals face that can be resolved with the CFIT coalition model.

Data opportunities

Assess the required data sharing and collaboration between banks, regulators, fintechs, academics and others.

Identify ‘Use Cases’

Define the range of practical applications where data collaboration can have a meaningful outcome.

Evaluate solutions and other partners

Assess potential solutions that can answer the challenges and identify the required partners that are needed, including technology, partnerships, and governance.

Build working prototypes

Develop prototypes to validate if the solutions work in real-world contexts.

Present findings and showcase the impact

Demonstrate that the solutions will provide measurable impact for consumers and businesses.

Outcomes of a CFIT Coalition

All coalitions must meet strict outcome objectives for both the UK economy and CFIT.

Outcomes for the UK economy

Develop UK financial innovation by solving the challenges that are barriers to growth

Identify future use-cases that can be implemented to drive growth

Drive adoption of coalition solutions in other sectors where cross-sectoral applications exist

Position the UK as a global leader in financial innovation

Outcomes for CFIT

Establish the organisation within the ecosystem of financial innovation

Define future areas of work for CFIT

Discover more about our other coalitions

Explore our other coalitions to see how CFIT is bringing together industry leaders to address some of the most pressing challenges in financial innovation. From unlocking access to finance for SMEs to accelerating the adoption of open finance, each coalition is focused on delivering practical, data-driven solutions with real impact. Discover how these initiatives are shaping the future of financial services across the UK and beyond.

Explore our coalitions

Coalition Partners and Working Group Members

In our CFIT ecosystem, coalition partners play a vital role by providing additional resources and expertise to support the working group members who actively engage in executing the work within the working group program.

While coalition partners contribute their resources, such as funding, technology, and industry insights, working group members are the driving force behind the implementation and execution of the program’s objectives.

They dedicate their time and effort to tackle the challenges and deliver tangible outcomes. Together, coalition partners and working group members form a collaborative and synergistic network, combining their strengths to achieve the collective goals of the CFIT coalition

Working Group Principles

A working group operates as a branch of a coalition. The purpose of a working group is to identify tangible solutions related to the overarching research goal. These groups work to narrow down the scope of the problem and then develop prototype user experiences (UX) and policy recommendations to address or enhance the research goal.

Smaller groups input

Able to focus on building prototypes and deliver reports on how to expand and scale on their findings

Region-led

Organisations can self-organise and create output based on specific requirements in their area

Increased resource

Groups can use their own regional resources and draw on central CFIT help and input

Greater focus

Groups have the freedom to focus on key areas within a coalition where they see the best opportunity to find solutions to financial innovation challenges

Join a Coalition

Join our CFIT coalition, where we unite top talent from financial innovation, including fintechs, insurtechs, regtechs, academics, banks, government and more. Interested in generating data-driven policy recommendations and impactful outcomes?
Enter your email below, and the coalition of interest. A member of our team will get back to you with more information.