Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

FinTechs – threat or partner

501 views

Published on

The way European consumers interact with the financial services sector has changed. Both these changing consumer habits and new technologies are driving digital domination. What does that mean for the future of financial services? Evolving consumer expectations are focused on the providers they already know and trust – creating a tremendous opportunity. In order to shape the future of banking, the incubators are looking for innovative FinTechs, which help them expand and improve their institutes’ offers. Hear how Fujitsu and Main Incubator co-create digital solutions to bring these innovative products to market.
Speaker: Matthias Lais
Latif Ajouaoui

Published in: Technology
  • Be the first to comment

  • Be the first to like this

FinTechs – threat or partner

  1. 1. Fujitsu Forum 2017 #FujitsuForum
  2. 2. Matthias Lais Founder and COO, Main Incubator GmbH Latif Ajouaoui Account Director, Fujitsu FinTechs – threat or partner
  3. 3. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries FinTech – Threat or Chance? Matthias Lais I main incubator Founder and Managing Director Munich I 8th November 2017
  4. 4. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries Challenges in Banking… 1 Digitization Adaption / conversion of the current infrastructure requires high resource input: Capital and know-how 2 Customer needs Customers are used to digital solutions with high user experience and expect to find digital solutions with high user experience: automated customer service, personalized consultation 3 Competitors New competitors with digital solutions enter the market and increase margin pressure 4 Regulatory Due to increasing regulatory requirements some core functions of banks might be economically inefficient when done in the traditional way 5 Low interest rates Current situation afflicts the PnL of most of the banks with no improvement to be expected in the near future.
  5. 5. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries 1995 now 2025 www mobility social virtualisation networking data analytics early machine learning IoT roboticscloud big data containers cybersecurityhybrid cloud natural language processing large scale machine learning deep learning reinforcement learning AR/VR biometric identity 3D/4D printing blockchain autonomous systems – cars and drones nano-tech advanced robotics – cyborgs, swarmbots super compute – quantum, neuromorphic autonomous super systems past (Internet) different (cloud) beyond (smart ecosystems) other (super society) Source: The exponential digital social world – Debra Bordignon, CTO – Dimension Data Australia Digitization since 1995 – and still in progress.
  6. 6. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries FinTechs change the banking of tomorrow… Source: Panorama McKinsey & Company (Nov 2016) FinTechs nowadays affect nearly all areas of banking: from infrastructure through retail- or payments solutions up to virtual market places
  7. 7. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries FinTechs in Germany 346active FinTechs in Germany (Status 2016) 87% of surveyed banks currently active in FinTechs 24,7 billion $ 376 millions $ global Investments in FinTechs (2016) Investments in FinTechs in Germany (2016):
  8. 8. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries Google Trends: Buzzword FinTech within the last 5 years
  9. 9. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries Who we are… …R&D Unit of Commerzbank Group No. 1 for visionaries in banking leading early stage investor in FinTechs prototype builder in the banking sector
  10. 10. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries What we do… identifying trends setting trends participating in trends
  11. 11. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries Identifying trends TechLab …monthly event in Frankfurt since 10/2014 …on tour-events in Hamburg, Munich, Berlin… since 10/2015 …establishment for „banking in the future“…since 03/2017 …Commerzbank as Platinum sponsor since 01/2017 …scanning the market for current technology trends, first partner: Fujitsu …since 03/2017
  12. 12. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries Setting trends develop proactively prototypes for own banking products and services in order to counterbalance a lack of suitable solutions innovation management: idea meets execution cooperation with strong partners…e.g. Fujitsu
  13. 13. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries co-create the future one of the world‘s leading technology provider Our cooperation with Fujitsu: The perfect symbiosis of „Fin & Tech“… AI expert strong partner rk and perspectives
  14. 14. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries Participating in trends: Our Investments.
  15. 15. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries ”We intend to enter the financial sectors. With main incubator we have found the perfect partner who supports us with his banking knowhow and network.” Alexander Siebert, Founder and CEO …the expert for automatic generation of digital content – analyses, processes and individualizes data and texts. automates the effective utilisation of its clients‘ data and generates automatically data-related content fields of application: e.g. weather & sports reports - finance sector will become more importantexpertise in the automation of content- driven business models first project of cooperation with Commerzbank has started successfully, universal applications raise the expectation of further use cases
  16. 16. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries “The cooperation with main incubator has been an exemplary partnership from day one and of immense strategic value.” Michael Cassau, Founderand CEO Grover offers a brand-new financing model for consumers and businesses to rent, instead of purchase, tech products for a simple monthly subscription with no minimum contract period, renters are able to access the newest tech gadgets at all time B2B- und B2C customers are able to invest their capital more needs-based and efficient as well as situational and project-specific …the switching economy’s bankroller – offers an innovative financing model for tech-products, which is more flexible than classical leasing. cooperation with Media Markt: customers may rent electronical devices instead of 0% financing
  17. 17. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries Our answer? FinTechs – a promising chance.
  18. 18. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries Yourcontact Matthias Lais Founder and Managing Director Mainzer Landstraße 33a (“The Spot”) D - 60329 Frankfurt +49 69 719 13 87 - 0 matthias.lais@main-incubator.com www.main-incubator.com Headquarters: Frankfurt am Main Local Court: Frankfurt am Main, HRB 97682 VAT No.: 045 239 08324
  19. 19. FinTech – Threat or Chance? I Matthias Lais I Fujitsu Forum I 8th November 2017 No. 1 for visionaries Disclaimer This presentation is a marketing document only and not a financial analysis. Nothing in this presentation is, or should be relied on as, a legal, tax or economic advice or recommendation. Each recipient of this presentation is recommended to make his own legal, tax and economic assessment of the matters contained herein through internal and external counsel. This presentation does not constitute an obligation to enter into a purchase agreement, investment agreement or a similar agreement and does neither form any offer or invitation for an offer nor shall it provide the basis of any investment or disinvestment decision. Each recipient of this presentation is recommended to make his own independent investigation, inquiry and assessment prior to any investment decision. In this notice, “main incubator” means Main Incubator GmbH which is a subsidiary of Commerzbank AG.

×