CFTE at Singapore Fintech Festival


CFTE’s Fintech tour of Asia came to a grand conclusion at Singapore Fintech Festival, the biggest Fintech event in the world attracting crowds of over 25,000 people from 100 countries. And what a conclusion it was. A huge bravo to the Monetary Authority of Singapore (MAS) for organising a spectacular event that drew world-class speakers and members from the global finance community and beyond. From Startups to Fintechs, Regulators, Financial Institutions, Venture Capital Firms, Insurance companies and Universities, they all came together to explore new ways to support global economic growth through Fintech innovation. With so many talking points, we highlight our top 5: #1 Collaboration and knowledge sharing is at the forefront of the fast-growing global Fintech ecosystem, and this was evident at Singapore Fintech Festival. The announcement of the formation of the ASEAN Fintech Network, a platform to connect Fintech hubs across the ASEAN region echoed CFTE’s mission to…

CFTE opens registration for second session of Around Fintech in 8 Hours at Singapore Fintech Festival


Following the success of the first session of Around Fintech in 8 Hours, an online Fintech Foundation course, CFTE is pleased to announce that registrations for the second session, which is released on 11th December, have opened. And to celebrate Singapore Fintech Festival, there is a special £50 discount off the course (discount code: ‘SFFCFTE’) valid until Sunday 19th November 11.59pm. The announcement was made at CFTE’s inaugural event in Singapore, The Future of Finance, the central focus of which was helping professionals understand how to build new skills in a world of digital finance.   [caption id="attachment_715" align="alignnone" width="800"] CFTE co-founder, Tram Anh Nguyen outlining CFTE's vision for education in finance[/caption] It was the stage for the graduation ceremony for participants from the first session to collect their certificates – some of them flying from Australia or Africa - and was held in partnership with LATTICE80, the world’s largest Fintech…

The Around Fintech Update #2


In our previous update, we put the spotlight on Doris, the first-ever person to be certified for Around Fintech in 8 Hours (more on that here). But as more and more people complete the course from across the world we’d like to share their feedback so you can hear what they had to say about CFTE’s first online Fintech course.   “The lecturers were amazing and of course the guest speakers were excellent as well. This is the first online course I have taken and it's so wonderful!” “Being an avid follower of Fintech, I was looking for a foundation course in Fintech from a long time….This foundation course could be excellent starter to anyone who wants to pursue an MBA in finance systems/Fintech/Fintech marketing.”  “The overall program was well structured, practically informative and constructively encouraging, specifically for an entrepreneur of a Fintech startup …I look forward to the next level progression…

The Around Fintech Update #1


"What an incredible course, absolutely love all the content and lectures!" -  Dr. Doris Wang, Taipei   The first cohort of CFTE’s first online Fintech course is well underway And since CFTE is all about ‘firsts’ we thought we’d share with you our first ever graduate from Around Fintech in 8 Hours: meet Dr Doris Wang, CPA (USA), CIA, CGAP, CRMA. We won’t list all her accolades as it would easily fill two pages, but to give you an idea, she is currently a Professor of Accountancy at the National Taipei University, holds a PhD in Accountancy and is Chairman of the Accounting Research and Development Council. The list goes on. So why would someone so experienced and at the top of her profession want to learn Fintech? Her underlying message was simple: if you want to stay at the top you have to evolve and adapt. This urgency was…

Asia: The Land of Fintech Opportunities


  This week CFTE began its Asian Fintech tour of the region’s biggest Fintech hubs including Hong Kong, Malaysia, Vietnam and Singapore. Why? The potential for Fintech in Asia is massive. From serving the under-banked, through increased access to financial services, to improving economic prosperity for millions, the potential for Fintech to have a positive impact in Asia is huge. The good news is that a number of key developments (other than the growth of China!) are creating strong tail winds to enable the Fintech sector to grow and allowing entrepreneurs, startups, and financial institutions to bring more innovative financial solutions to market. So before we dive into what we’ve been up to this week and our plans for the coming weeks, it’s worth having a look at some of the developments contributing to the growth of Asia’s Fintech ecosystem…   The jigsaw starts to take shape The region has…

Newsletter – 19th June to 24th June


CFTE Newsletter If you've joined via the email newsletter, welcome back! If you're joining us after browsing our lovely blog then this segment is a continuation of our weekly newsletter. The newsletter provides weekly updates on what we've been up to and if you're interested in receiving these updates, then sign up at the bottom of the page. CFTE Fintech Round-up Why banks must embrace open banking or risk disintermediation Banks globally, are facing increasing competition from fintech start-ups offering more focused banking services with superior customer experience. This article from ZDnet captures the mood perfectly. In order to remain competitive banks must change their inward looking attitude and open up their banking infrastructure. A key aspect of this will be to make their API's available to third parties, which means sharing customer data and enabling new functionalities to be added to existing banking services. The hope is that by…

17th June – Curated Stories


Fintech Stories Sofi going for the big guns Millennials are changing finance. Although they have less money than their predecessors, Gen X, they are set to cause a seismic shift in banking. Their behavioural characteristics mean they are more open to adopting a new breed of banking services, which can only be good news for Fintech start-ups. Once such start-up is SoFi. It began focusing on refinancing student loans before branching out to other millennial orientated services. And now it’s taking on the big boys in the US banking sector by offering traditional banking services like checking accounts, debit cards, and credit cards. Read the full article here for all the specifics. (more…)

What we’re reading #1


We wanted to share some one of our team’s interesting reads of the week: Aliasgar: “In our personal or professional life we always make plans. We like to project our future ambitions and goals. But is setting your goals enough to reach them? This article intelligently highlights how to use purposeful systems to reach your goals. The upshot: Progressive purposeful learning beats an ad-hoc approach to meeting objectives. More and more true in our fast changing society. Read more

Episode #1 : Introduction to Blockchain


With Huy talking about Blockchain and the general momentum the subject is picking up, we thought we'd introduce you to the topic with some curated content that will give you a solid understanding of Blockchain. Welcome to Finance 2.0! Blockchain 101? Disruption is everywhere and the blockchain technology could be the biggest disruptor of them all. It's a technology that is powering Bitcoin and is therefore often view as synonymous of finance, however, its application goes beyond the finance sector and has the potential to transform the value chain of entire industries. Read more (more…)

A few numbers about the changes happening in finance


The CFTE website has 3 statements: Goldman Sachs' cash equity business employed 600 traders, now it's 2 Fintech is forcing banks to a tipping point according to Citi Zhong An, a new insurance company in China, now has 500 million clients - in 5 years This shows the scale and rapidity of changes happening in finance. In the case of Goldman Sachs, there is clearly a trend for more automation and fewer traders, it's undeniable. On the other hand, Goldman Sachs now has more software engineers and developers than Facebook, so the nature of the work in banks has also clearly changed. Citi's report is a great report about Fintech, and more generally the trend in finance, and everybody interested in that topic should read it. Finally, Zhong An is a new digital insurance company, launched in China 5 years ago. Their scale is incredible, and clearly shows that technology…