Présentation de Jean Diederich (Kurt Salmon) lors du 10x6 consacré aux fintech organisé le 21 octobre 2015 par le Paperjam Club.

1. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 1

2. 21 October 2015 | Jean Diederich, Partner Kurt Salmon | Tramsschapp
10×6 Fintech: a new pillar ?
Understanding the Fintech POWER shifts

3. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 3
Update on global Fintech @ Innotribe /SIBOS in Singapore
Sources: SIBOS / Innotribe / Brett King
Fintech is changing finance ?

4. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 4
Fintech’s Platform Business replaces Traditional Banks
Source: Jean Diederich
Financial Services Customers
Fintech
Platform
Business
Platform start-ups allow Customers
to create and consume value
1

5. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 5
Fintech’s Platform Business replaces traditional Banks
Source: Jean Diederich
Financial Services Customers
Fintech
Platform
Business
Platform owns the Customer
POWER
1

6. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 6
Fintech disrupt banks through Fintech Platforms
Source: Jean Diederich
Financial Services Customers
Banks
Bank
Suppliers
Fintech
Platform
Business
Banks and/or
Suppliers
Banks create value
and sell it to Users
1

7. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 7
Fintech disrupt banks through Fintech Platforms
Source: Jean Diederich
Financial Services Customers
Banks
Bank
Suppliers
Fintech
Platform
Business
Banks and/or
Suppliers
POWER
POWER
POWER shift like
in other industries
e-payments,
forex, funding,
music, hotels….
1

8. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 8
Fintech innovation through APIs
Source: Jean Diederich
Financial Services Customers
Bank
Suppliers
Banks
Bank
Suppliers
Disintermediators
and API Platforms
The PSD2 will force Banks to open
up for APIs through “access-to-
accounts”, creation of Bank APPs
Banks
2
API

9. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 9
Fintech innovation through APIs
Source: Jean Diederich
Financial Services Customers
Bank
Suppliers
Banks
Bank
Suppliers
Disintermediators
and API Platforms
Fintech
Platform
Business
POWER
Banks and/or
Suppliers
POWER
Banks
POWER 12
API
API

10. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 10
Fintech and the Blockchain general ledger?
Source: Jean Diederich
Financial Services Customers (Geeks)
FinTech
Blockchain
Platforms
(distributed)
Moving from a new form of virtual
currencies to a distributed general ledger
3

11. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 11
Fintech and the Blockchain general ledger?
Source: Jean Diederich
Financial Services Customers (Geeks)
FinTech
Blockchain
Platforms
Geeks own and run the business
through the internet
POWER
3

12. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 12
Understanding the different Fintech domains
Source: Jean Diederich
Financial Services Customers
Bank
Suppliers
Banks
Bank
Suppliers
Disintermediators
and API Platforms
FinTech
Platform
Business FinTech
Blockchain
Platforms
Banks and/or
Suppliers
POWERPOWERPOWER
Banks
POWER 12 3
DISTRIBUTED
API
API

13. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 13
Fintech and Bankers thinking about using the Blockchain in B2B?
Source: Jean Diederich
Financial Services Customers
Bank
Suppliers
Bank
Suppliers
FinTech
Blockchain
Platforms
For banks, attack
is probably the best
form of defence!
Distributed trans-
action settlement
and clearing (B2B)
4 DISTRIBUTED

14. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 14
Fintech and the future Digital Banks on Blockchain?
Source: Jean Diederich
Financial Services Customers
FinTech
Blockchain
Platforms
Digital Banks
on Blockchain
Digital wallets
Smart contracts
Smart property
Digital asset proof
…
Internet of Things
5
DISTRIBUTED

15. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 15
“It’s better to own the
disruption than to be
eaten by it”
Chris Skinner
Fintech cannibalisation of traditional Banks
Source: Chris Skinner

16. PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 16
Kurt Salmon is a global management
consulting firm dedicated to building the
market leaders of tomorrow.
More than just partnering with our clients,
we ally with them, integrating ourselves
seamlessly into their organisations in order
to develop innovative, customised solutions
for their 21st-century business issues.
Succeeding in today’s increasingly complex,
consumer-driven environment is an enormous
challenge. But companies need to look beyond
today; they need to position themselves for
continued success in the even more uncertain
future. That’s where Kurt Salmon comes in.
We call it delivering “success for what’s next.”
The results are transformative.
www.kurtsalmon.com
Jean DIEDERICH
Partner EUA & Digital
T +352 26 37 74 1
F +352 26 37 74 982
M +352 661 322 351
jean.diederich@kurtsalmon.com