Ezechi Britton

Jan 17, 2025 | ffnews.com | Lauren Towner |Ezechi Britton

Citizens Advice is one of the most valued organisations in the UK. It offers confidential advice online, over the phone, and in person, for free to anyone – whoever they are, and whatever their problem. In 2022-23, it supported 457,000 people face-to-face nationally, more than double the previous year. Amid economic disruption and the soaring cost of living over the past few years, the charity has been facing exponential demand for its services.

Apr 17, 2024 | ffnews.com | Lauren Towner |Ezechi Britton |Jason Turner |Will Turner

Today, CFIT has announced two trial initiatives, following key recommendations set out in its Open Finance Blueprint Report and building on the ‘proofs of concept’ developed by its industry-wide coalition. These will provide better financial outcomes for vulnerable consumers and make access to finance quicker and easier for SMEs that are facing a £22bn funding gap.

Apr 15, 2024 | ffnews.com | Lauren Towner |Ezechi Britton |Charlotte Crosswell OBE

The Economic Secretary to the Treasury, Bim Afolami MP, has announced a new industry-led taskforce, to be chaired by the Centre for Finance, Innovation and Technology (CFIT), that will endeavour to unlock the full potential of Open Finance. The taskforce will build on the foundational work done by CFIT’s industry-wide coalition on Open Finance, by providing recommendations to the UK Government on how financial data can be safely unlocked to improve SMEs’ access to credit.

Feb 29, 2024 | ffnews.com | Lauren Towner |Ezechi Britton

The Centre for Finance, Innovation and Technology (CFIT) today publishes a report setting out the full potential of Open Finance to deliver direct benefits for UK consumers and businesses. The findings show how better data-sharing can provide improved access to credit for companies and swifter, more effective financial advice for consumers.

Dec 20, 2023 | altfi.com | Ezechi Britton

The UK's fintech sector may be world-leading, but it faces tough competition elsewhere. To maintain its competitive advantage, take the lead on global standards and open the door for UK firms to export and scale overseas, there is a critical need to continue to innovate. Open Finance represents one key battleground where the UK can seize first mover advantage.