Key players in the Open Banking biome
Learn the strategies of new entrants who became as essential as banks.
Business Models and Implementations of New Entrants is the second course of the Open Banking & Platforms Finance Specialisation – CFTE’s programme designed for finance professionals to get a comprehensive understanding of the dominating force of the platform-as-a-business-model in finance.
In a biome, there are animals and plants that inhabit and construct the vast open ecosystem of nature. These characters prey and rely on others to survive and dominate the landscape. Much like nature, banking is now a vast open ecosystem. In order to have a big picture view of this symbiotic network in the Open Banking safari, buckle up and enroll now.
With this course, you'll:
- Understand the roles of third-party providers within the Open Banking ecosystem
- Devise Open Banking API strategies and symbiotic connections between key players
- Analyse Open Banking opportunities and challenges such as pricing and customer relationships
- Foresee the evolution of Open Banking that goes beyond just finance
This course is taught by fintech leaders. Fortune500 Leaders. technology experts. innovators.
Anna Maj
Fintech Leader and Advisor
Liz Oakes
Executive Vice-President
Keith Grose
Head of UK
Leon Muis
Chief Business Officer
Course Curriculum
Senior Lecturer Anna Maj from WBAF teaches you what TPP, AISP and PISPs are, followed by MasterCard’s Executive VP Liz Oakes’ insights into how incumbents are dealing with new entrants.
Senior Lecturer Anna Maj from WBAF teaches you the API strategies and what their value propositions are, followed by Yolt’s Chief Business Officer Leon Muis’ insights into how startups are using Open Banking to radically improve customer experience.
Senior Lecturer Anna Maj from WBAF teaches you how PIS and PFM business models are developed, followed by Yolt’s Chief Business Officer Leon Muis’ insights into how more 600 million API calls are the indicator to business model success.
Senior Lecturer Anna Maj from WBAF teaches you about the current barriers to entry and who are capitalising on these, followed by Plaid’s Head of UK branch Keith Grose’s insights into how New Entrants are solving the scale problem of Open Banking.
Senior Lecturer Anna Maj from WBAF teaches you the use cases of Open Finance, followed by Plaid’s Head of UK branch Keith Grose’s insights into where Open Banking should head next.
Designed for your learning goals
On Demand
Enrol and Start Immediately.
Finish in 2 weeks
Allocate 4 hours per week.
Shareable certificate
Let your professional network know about your new skills and find more career opportunities.
What our Alumni say about the course
Why learn at CFTE?
Online & Self-paced
Learn whenever. Learn wherever. Your learning track is flexible to your goals.
Global View
Our courses offers a 360 view on the topic, focused on what matters.
Expert-led
Our courses are curated by 200+ finance experts who know what skills you must learn.
Ready to disrupt finance?
A course designed for the industry, by the industry.
One-time payment of £150 | 3 instalments of £50
Get a 360 view on Open Banking
Open Banking and Platforms in Finance Specialisation
This course is part of the Open Banking & Platforms in Finance Specialisation – a program designed for you to equip yourself with the necessary knowledge and prepare for the next era of banking. With lowered barriers to data, a wave of innovative startups are closing in on this open banking opportunity. Discover the full Open Banking & Platforms Specialisation so you can.
FAQ
Most frequent questions and answers about our specialisation
The global Open banking market is forecasted to reach $43.15 billion by 2026. With deal sizes expected to grow exponentially – Visa has acquired Fintech Plaid for $5.3 billion; organisations like DBS, Société Générale and Wells Fargo also consider Open banking to be a strategic pillar in their business model. Open banking is here, and it will fundamentally transform how the Financial Services industry operate. Demanded by consumers, encouraged by regulators and powered by technologies – the structural uptake on Open banking drives many organisations to a profound era of digital ecosystems and platform business models. This shift creates a significant tension on today’s Financial Service value chain with the emergence of innovative business models, new regulatory frameworks and modern technologies to support it.
Anyone who wants to have a solid understanding of the Open Banking and Platforms model. It is designed for: – Senior managers of an established financial institution who is looking to maintain and expand the influence of your business in the new financial ecosystems – Those working in Risk, Compliance, Legal, or Operations and want to be the leader in the knowledge of how Open Banking may affect regulations and benefit your team – Those working as a part of a product team who would like to know which kind of products are enabled by Open Banking and how they can be managed – Aspiring entrepreneurs or leaders of a technology firm, and would like to know how and where is best to enter the financial industry in the era of Open Banking – Regulators who are looking to learn about the key areas in the business of new entrants and incumbent banks which other regulators have focused on – Recent graduates, current students, or an individual who is eager to develop a strong grounding in the new data-driven age which has begun to reshape the construct, culture, and required skills of the finance industry
You will be learning from a curated line-up of industry leaders, experts, and entrepreneurs who will each be presenting their knowledge and experience in Open Banking. No matter if you are embarking on a new journey or fortifying your role, these lecturers and guest experts will guide you through the perspective of established institutions like Wells Fargo, tech giants like Google, and successful startups such as Open Vector or Plaid.
After you enroll, you will receive a confirmation email from my.CFTE, the online learning portal. You will also receive a receipt as well as a welcome message to The Open Banking Specialisation. At that point, you will have access to the introductory module that will give you an overview of the portal, and the way to use it. You could for example spend a whole day to go through the course. Or 30 minutes whenever you have the time, and complete the course in a few months. Once you have completed the course, and successfully passed all the tests, you will receive a Certificate of Completion.
There are no strict pre-requisites for taking the course. This course is largely non-technical to learn the business aspects of Open Banking. This course aims to provide anyone interested in Open Banking (in its wider definition) with a general overview of the opportunities and challenges in Open Banking implementations. The following would be helpful: A general interest in finance, and a basic understanding of what is a bank An interest in digital transformation and innovation
The Open Banking Specialisation has been designed to help a majority of people start with the right foundations in Open Banking and digital finance. With this objective in mind, The Open Banking Specialisation will provide you with a clear understanding of how technology is impacting Finance through an accessible format. At CFTE, we believe there is an urgent need for all to learn the right skills for a world of digital finance, and we support all initiatives that are supporting the same goal.
Yes, you will receive a digital certificate upon successful completion of the course. This certificate is digital so it can be shared at any time and embedded into your online professional profile.
We offer flexible payment options in either in full, in 3 or 4-month instalments. We accept all major credit cards and debit cards.
