You may be eligible for a subsidy - get up to 70% off

Succeed in the future of banking

Learn what is taking finance by storm: platforms.

 Course Date: 26th September – 26th December 2022

Application closes:  23rd September 2022

Open Banking and Platforms in Finance Specialisation will provide you with exclusive insights into the cut and thrust of Open Banking: what it truly is, who are the winners and losers, and what are the implications for society.

Open Banking has allowed for small players to provide big and new data-driven platform services that are completely customer-centric.

The last company that focused on data-driven platform and customer satisfaction became the giant tech conglomerate that killed its competition in Asia: Ant Financial. In this Specialisation, you’ll be able to use the dominant strategies to build your own market-moving Fintech business model in Open Banking.

What is Open Banking?

Open Banking is a movement which provides third-party financial service providers open access to consumers’ data around their transaction data. An example of a third-party provider would be budgeting apps. 

The initiative can be divided into two different standpoints: one is ‘regulatory’ and the other is ‘market driven’.

Examples of the regulatory approach is the European Union’s PSD2 (The Revised Payments Services Directive) or UK’s Open Banking. Regulatory bodies in these countries set up frameworks in order to promote healthy competition and innovation in the financial industry. 

Market-driven initiatives are more popular in Asian countries such as Singapore, India, Japan and South Korea. This movement focuses on collaboration and is predominantly driven by market players. 

Apply as a Singaporean Citizen or a Permanent Resident (PR)

The Open Banking and Platforms Specialisation has been accredited under the Institute of Banking and Finance Standards Training Scheme (IBF-STS) which provides course fee subsidies to all Singaporean citizens and permanent residents with a valid Singpass.

Singaporean citizens under the age of 40 are eligible for a 70% subsidy. Those over the age of 40 are eligible for a 50% subsidy. This makes the Open Banking and Finance Specialisation heavily discounted – get the course for only SGD 270 – SGD 450.

Permanent Residents (PRs) are eligible for 50% off, meaning they can access the course for SGD 450.

Please note that all eligible participants are required to successfully complete the course within 3 months from the date of enrolment for IBF-STS funding. Incomplete programmes will not be eligible for funding claims and the learner thus being charged the full enrolment fee (SGD 900).

Participants already enrolled in the OBP Specialisation are not eligible for the subsidy, even if still in progress with the course.

For corporate customers, please write to for enquiries.

Singaporean Citizens and Permanent Residents

900SGD up to 180 SGD
  • Original Full Course Price: 900 SGD
  • Enhanced Funding Support (70% - 80%): 630 - 720 SGD
  • Total Payable Fee: 270 - 180 SGD

Singaporean Citizens under 40 and PRs

900SGD 450SGD
  • Original Full Course Price: 900 SGD
  • Enhanced Funding Support (50%): 450 SGD
  • Total Payable Fee: 450 SGD

Singaporean Citizens over 40

900SGD 270SGD
  • Original Full Course Price: 900 SGD
  • Enhanced Funding Support (70%): 630 SGD
  • Total Payable Fee: 270 SGD

Not a Singaporean Citizen or PR? Enrol here.

Course Schedule

Course Date: 17th January – 17th April 2022
Applications close: 14th January 2022


CFTE reserves the right to reschedule or cancel any programme, modify the fees and amend the information without prior notice.

This specialisation is taught by unicorn builders. disruptive entrepreneurs. Fortune500 Leaders. technology experts. innovators.

With this Open Banking Specialisation, you will:

Specialisation Curriculum

This specialisation is composed of 5 individual courses.

Designed for your learning goals

Start on 23rd September 2022

Apply and secure your seat in the next intake.

Finish in 3 months and earn 15 CPD hours

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 specialisation

High appreciation for the industry leaders who taught this newest program of CFTE. You know that a program is good, when ideas pop up in your head while studying.
Viktoriya V. Blazheva | First VP, Identity and Communications Director at UniCredit Bulbank
For me, it was money and time well spent. I picked up some new concepts and ideas and got new perspectives on things I was already comfortable with. It includes comprehensive content professionally delivered, fresh reading materials and top industry experts.
Radu Topliceanu | Deputy Chief Executive Officer and Head of Retail Banking at Groupe Societe Generale
The course helped me build an "Open Banking Strategy" a complete plan that enables financial institutions to embrace Open Banking. A world-class course, highly recommended!
Mohammed AlRuwaili | Information Technology Infrastructure Team Lead at Arab National Bank

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.


Our courses are curated by 200+ finance experts who know what skills you must learn.

Learn about Open Banking with up to 90% off the price

A specialisation designed for the industry, by the industry.

Singaporean Citizens and Permanent Residents

900SGD up to 180 SGD
  • Original Full Course Price: 900 SGD
  • Enhanced Funding Support (70% - 80%): 630 - 720 SGD
  • Total Payable Fee: 270 - 180 SGD

Singaporean Citizens under 40 and PRs

900SGD 270SGD
  • Original Full Course Price: 900 SGD
  • Enhanced Funding Support (70%): 630 SGD
  • Total Payable Fee: 270 SGD

Singaporean Citizens over 40

900SGD 90SGD
  • Original Full Course Price: 900 SGD
  • Enhanced Funding Support (90%): 910 SGD
  • Total Payable Fee: 90 SGD

Not a Singaporean Citizen or PR? Enrol here.


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 operates. 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 established financial institutions who are looking to maintain and expand the influence of their business in the new financial ecosystems
  • Those working in Risk, Compliance, Legal, or Operations and want to be the leaders in the knowledge of how Open Banking may affect regulations and benefit their team
  • Those working as 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 technology firms who would like to know how and where it 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 individuals who are 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

This course is accredited by the IBF Standard Training Scheme. To benefit from the IBF subsidy, you must be either a Singaporean citizen or a permanent resident, you must hold a valid Singpass, and you must be physically in Singapore. 

If you don’t meet the eligibility criteria, you can enrol without applying to for the subsidy here.

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 apply, we will check your eligibility and send you a confirmation email with a payment link within 3-5 working days. Once you make the payment, sit back, relax and wait until the course start date to receive your login details to start learning. At that point, you will have access to the introductory module that will give you an overview of the portal, and how to use it. You can spend a whole day to go through the course or 30 minutes whenever you have the time. Do make sure to complete the course within 3 months, otherwise your subsidy will be revoked and you will be liable to pay the full price. 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 the 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 accept all major credit cards and debit cards. Please note that you will have 3 months to complete the course. If not completed on time, you will no longer benefit from the subsidy which would make you liable to pay the full price.