Tag: Centre for Finance Innovation and Technology (CFIT)
UK agency says Digital Company ID could save institutions £1.7bn
The Centre for Finance, Innovation and Technology (CFIT) has released a blueprint for combatting fraud through the introduction of a Digital Company ID.A Digital...
CFIT’s Charlotte Crosswell: “Regulators’ willingness will be key” to VRPs
As the UK positions itself as a global leader in Open Banking, regulators, fintech firms and the government see its potential to fuel economic...
Lloyds and Mastercard pledge support for CFIT’s SME support plans
The UK agency established to foster fintech innovation, which has been particularly active around Open Banking, has partnered with Lloyds Bank and Mastercard to...
CFIT-led fintech coalition proposes ‘digital passports’ ID model
A cross-sector coalition of companies and regulators has reported progress on its work to create a digital ID specifically tailored for corporate use.The coalition...
Tech and finance leaders join CFIT digital verification mission
Some of the UK’s biggest financial institutions, from both the traditional and challenger sectors, have joined a government-backed anti-crime initiative.Established earlier this year, the...
SME Finance Taskforce drafts smart data roadmap for British government
A UK government agency tasked with fostering financial innovation has mapped out how it hopes ‘Smart Data’ will support British SMEs. and how this...
CFIT leads industry coalition to ‘address’ economic crime
The Centre for Finance, Innovation and Technology (CFIT) has formed an industry coalition to fight economic crime through enhanced verification.The coalition aims to assemble...
CFIT to take the lead on UK Open Finance taskforce
The UK task force on Open Finance, announced by the government earlier this week, will be chaired by the Centre for Finance, Innovation and Technology...
