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Payment industry trends and opportunity

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Payment industry trends and opportunity

  1. 1. Debasis  Chakraborty   Payment  Industry  Trends  and  Opportunity  
  2. 2. Agenda   •  •  •  •  •  •  •  •  •  Different  payment  types   Typical  business  model  in  retail  Pay  flow   Digital  pla;orm  opportunity   Different  medium/channel  in  Digital  pla;orm   Key  focus  in  banking  payment     Key  regulatory  standards     Risk  consideraBon   Challenges     What  Next  :  What  business  is  looking  for  ?  
  3. 3. Different  payment  types   •  •  •  •  •  •  •  •  Cash   Cheque**   Debit  Card   Direct  Debit   Standing  Order   Online/Phone  Payment   Chaps*   Prepaid  Card   *CHAPS:  £25-­‐30   **Cheque  Clearing  :  2-­‐3  Days    
  4. 4. Different  Way  payment  Service   •  •  •  •  •  •  •  •  CardNet,     Bulk  Payment,     TeleDebit   Faster  Payments   Ceridian  SME  Managed  Payroll  Service   InternaBonal  Payment   BACS  Credits     CHAPS  Payments  
  5. 5. Typical  flow:  Retail  payment  Model  
  6. 6. Digital  Payment  Opportunity   Global  non-­‐cash  payments  expected  to  top  333   billion,  says  World  Payments  Report  2013   200   180   160   140   120   Number  of  TranscaBon   (Billion)   100   2020   Debit  Card    (%)   Retail  PoporsiBon  (%)   80   Credit  Card    (%)   2015   60   AlternaBve  Method     (%)   40   20   2013   0   2013   2015   2020   0   20   40   60  
  7. 7. Different  medium  In  Digital  Payment   •  •  •  •  •  Online  Banking   eWallet   Mobile  Payment  App   Mobile  Payment  -­‐  NFC   Retail  :  Wirelesses  Payment,  NFC    
  8. 8. Key  focus  :Banking  payment     •  Consumer  Payment  :     •   AnalyBcs,  Social  Business  Payment,  PSP,  PG,  Mobile  Payment     •  Commercial  Payment  :     •  Make  Profitable  ,  standardize  and  modernize  transacBon  processing  ,  reduce   complexity  and  cost   •  Risk  and  Compliance     •  GlobalizaBon,  DeregulaBon,  SophisBcated  technology,  Regulatory  compliance,   Customer  abuse,  Fraud     •  Payment  and  TransacQon  plaRorm     •  Manage  complexity  through  integraBon  
  9. 9. Key  regulatory  standards       SWIFT  MT-­‐MX,  ISO  20022,  FpML,  FIX  and  SEPA.   Risks       Market  Risk,  Business  Risk,  Credit  Risk  –  Horizontally   Enterprise  Risk    -­‐    VerBcally        
  10. 10. Challenge     •  Data  Beaches     •  Too  many  regulatory  :    country/Region   specific  regulatory  and    Compliance     •  Security   •  Deadlines     •  Interchange  fees  :  0.2%  DC,  0.3  %  CC  
  11. 11. What  Next  :What  business  is  looking  ?   •  CEO  :  New  Business  Model,  More  Profitable  &  high  Customer   saBsfacBon     •  •  •  •  •  CMO  :  GTM  ,  Get  advantage  from  Big  Data  &  Social  Media  IntegraBon     CIO  :  Agile,  Security,  Business  TransformaBon,  GRC    &  CollaboraBon   CTO:  Simple  Design,  Architecture  &  Governance   CHO  :  Talent,  InnovaBon,  Aitude,  Willing  to  Learn  &  Leadership    ADB  :  Highly  scalable,  Reliable,  Resilience,  Secure,  Support  High   Volume  TransacBon      

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