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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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Featured Pathways

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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Book a demo

Pricing

Ready to get started?

Plans & Membership

Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Finance Unlocked to your current platform

Featured Content

More featured content

Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

More featured content

Book a demo

Pricing

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Book a demo

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What is the Open Banking Initiative?

What is the Open Banking Initiative?

Jonny Hawkins

Financial technology & SMEs financing

The Open Banking initiative was launched to help level the advantage that established banks have over challenger banks in terms of the amount of customer data they hold. Jonny explains how Open Banking intends to solve this problem by providing examples with a focus on small and medium-sized enterprises.

The Open Banking initiative was launched to help level the advantage that established banks have over challenger banks in terms of the amount of customer data they hold. Jonny explains how Open Banking intends to solve this problem by providing examples with a focus on small and medium-sized enterprises.

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What is the Open Banking Initiative?

7 mins 47 secs

Overview

Open banking challenges the monopolistic behaviour of banks by ensuring more information and data is given to customers. It allows them to gain access to finance with ease due to the higher concentration in the market, overall providing a better experience than traditional banking.

Key learning objectives:

  • Explain the initial problem with established banks and the Open Banking Initiative to combat it

  • Discuss how Credit and Price decisions are made

  • The key metrics Underwriters use when reviewing customer data.

  • Explain the measures that are in place to ensure equity in markets.

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Summary
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Expert
Jonny Hawkins

Jonny Hawkins

After graduating from Oxford University, Jonny started his career at Beavis Morgan, where he became a chartered accountant. He moved to Liberis, a fintech company, where he became Head of Analytics. In his current role as Head of Data Science, Jonny is responsible for credit default modelling, data strategy and collection of new data sources.

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