In the last 10 years, we have seen how platforms and marketplaces companies have grown exponentially. Banking won’t be any different. The financial company that nails how to provide a top-class customer experience, access to multiple products and services and removes all the pain points of the customers will win.
Current was founded in 2015 by Stuart Sopp. Stuart Sopp was a Wall Steet trader and worked many major banks including Morgan Stanley, Citi, and Deutsche.
Currently Current offers three types of accounts - A free account, a premium account, and a teen account. The premium account costs US$4.99 a month and the teen account costs US$36 per year per teen.
No minimum balance and no-fee model is targeted at Millenials and Gen Z customers who face liquidity issues in managing their finances. Current primarily uses influencers to reach potential customers.
Current currently has more than 3 million customers and is valued at US$2.2 billion.
Financial Technology is seen as a major disruptive force in banking but there are also examples where they are working together. Either way the banking business model will need to change profoundly.
Overview of industry trends and insights of Fortune 500 companies and startups' activities in the FinTech space. We cover banking tech (security, crm, analytics), payments (pos, money transfer, commerce), cyber currency (blockchain, bitcoin, wallets, cryptocurrency exchanges), business finance (lending, crowdfunding), personal finance (lending, wealth management, mortgage, credit), and alternative cores (banking, insurance).
Talk @CIO Institute - Leading the digital IT function in increasingly uncerta...Nouamane Cherkaoui
The recent pandemic has disrupted lives and businesses around the world. In the midst of uncertainty, CIO's have become invaluable to business continuity. With the IT Function under strain, the CIO needs to emerge as a clear leader and be the champion of the customer experience for both customers and employees.
In the last 10 years, we have seen how platforms and marketplaces companies have grown exponentially. Banking won’t be any different. The financial company that nails how to provide a top-class customer experience, access to multiple products and services and removes all the pain points of the customers will win.
Current was founded in 2015 by Stuart Sopp. Stuart Sopp was a Wall Steet trader and worked many major banks including Morgan Stanley, Citi, and Deutsche.
Currently Current offers three types of accounts - A free account, a premium account, and a teen account. The premium account costs US$4.99 a month and the teen account costs US$36 per year per teen.
No minimum balance and no-fee model is targeted at Millenials and Gen Z customers who face liquidity issues in managing their finances. Current primarily uses influencers to reach potential customers.
Current currently has more than 3 million customers and is valued at US$2.2 billion.
Financial Technology is seen as a major disruptive force in banking but there are also examples where they are working together. Either way the banking business model will need to change profoundly.
Overview of industry trends and insights of Fortune 500 companies and startups' activities in the FinTech space. We cover banking tech (security, crm, analytics), payments (pos, money transfer, commerce), cyber currency (blockchain, bitcoin, wallets, cryptocurrency exchanges), business finance (lending, crowdfunding), personal finance (lending, wealth management, mortgage, credit), and alternative cores (banking, insurance).
Talk @CIO Institute - Leading the digital IT function in increasingly uncerta...Nouamane Cherkaoui
The recent pandemic has disrupted lives and businesses around the world. In the midst of uncertainty, CIO's have become invaluable to business continuity. With the IT Function under strain, the CIO needs to emerge as a clear leader and be the champion of the customer experience for both customers and employees.
Beyond Banking: New Business Models for the Digital EraJessica Wilkinson
The banking and financial services industry is undergoing a period of unprecedented disruption, which is re-shaping the competitive landscape.
Criterium Group believes we’re experiencing a fundamental change in how people manage, save and spend their money –which means banks and credit unions will need to re-imagine how they deliver value to customers and members.
We’re experiencing a disintegration of the financial industry. But disruption is exciting, not scary. As our relationship with money evolves, there are endless opportunities to delight customers and deliver value. However, competing in a digital age takes a completely different approach.
Criterium Group has considered the changing landscape from a competitive, financial, technological and operational perspective to re-design the traditional banking business model to win in a digital world.
SFACFE - FinTech Fraud Summit 2017 - "FinTech Overview and Emerging Trends"Timothy Li
Our CEO, Timothy Li presented at the SFACFE, San Francisco Association of Certified Fraud Examiner's inaugural FinTech Fraud Summit 2017 hosted by Ernst and Young in San Francisco on March 17th, 2017.
Tim covered board fraud and risk management related topics and gave an overview of the FinTech emerging trends to a crowd of over 100 participants.
Disruption in Financial Services? A Silicon Valley PerspectiveHearsay Systems
Jon Sakoda, general partner of venture capital firm New Enterprise Associates (NEA) presents his expert insight on the current and future state of tech and financial services.
Current FinTech Trends in Retail LendingBankersLab
FinTech is gathering pace, with close to a whopping $40 billion in global investment to date - yet keeping up with the changing landscape can prove tough. To keep you ‘in the know’ we’ve produced a handy resource that provides a topline overview of the sector, key industry developments, a selection of must read articles, and tips on how to get involved!
Event: "#FinTech in Asia" - Slide Deck 2nd of February 2015CFTE
Slides used during the "FinTech in Asia" event organised by FinTech Circle and Hosted by Morrison & Foerster. Held in London on the 2nd of February 2015
A look inside the top 4 trends driving the FinTech industry today. How technology is impacting financial services and how they can benefit from advanced data analysis. Presented by Peter Huang, Director of Data at Beyondsoft.
This presentation talks about the basic meaning of fintech and its importance. We also talk about the different verticals in the fintech and the investment trends in fintech world.
From “toothbrushes” to ecosystem: we will see fintech-bank soonVladislav Solodkiy
Presentation for the article: http://goo.gl/FeVkKQ.
The next step (and this step will be not about “more money”, but about real evolution of fintech-movement to ecosystem) in fintech will belongs to new generation of “fintech-banks” (maybe, they will be totally separated from traditional banks), which will have Bank-as-service platforms as back-end, and neobanks as front-ends – to tailor all these services for final end-users in unique bundle and user experience.
Pay Master App is the mobile recharging and payments app in Sri Lanka. As part of their growth plan, this is the seed+ raise they have requested from possible investors. Paymaster is a fully owned subsidiary of FirstPay Pte Ltd
The Evolution of Fintech And What it Means for AdvertisersMSFTAdvertising
SLIDE 1
The Evolution of Fintech And What it Means for Advertisers
By Phil Jones, Analytical Lead - Finance & Insurance
SLIDE 2
2012 was the peak year for Fintech companies founded.
2012 - 281 Fintech companies founded
2014 - surge of Deposits & Lending companies founded
2017 - 10 companies founded
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/financial-services/us-dcfs-fintech-by-the-numbers-web.pdf
SLIDE 3
Investment peak in 2016, driven by Deposits & Lending
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/financial-services/us-dcfs-fintech-by-the-numbers-web.pdf
SLIDE 4
Will ‘open banking’ shake things up further?
-Forced 9 of the biggest banks to release their data in a secure, standardised form
-Rich data on spending and borrowing can thus be shared with third parties, who can then use the data to create new products
-Consumers can access multiple accounts from competitor banks within one single interface
SLIDE 5
The regulation generated a lot of press…
SLIDE 6
...Which contributed to an increase in searches.
SLIDE 7
Young + Males over-index for Fintech searches.
SLIDE 8
There are more searches on mobile than traditional banking
SLIDE 9
TransferWise & Monzo are the biggest and strongest growing.
SLIDE 10
What’s next for Fintech Banking?
SLIDE 11
There is a unique opportunity to streamline customer journey. Rapid utility switching & instant direct debit.
Alternative Data: Transforming SME FinanceJohn Owens
This presentation summarizes the IFC/World Bank/G20 GPFI report on the landscape of alternative data and players that are expanding access to SME finance. This presentation was prepared jointly with the effort of my co-author Lisa Wilhelm. The complete report can be downloaded at https://www.smefinanceforum.org/post/alternative-data-transforming-sme-finance
Beyond Banking: New Business Models for the Digital EraJessica Wilkinson
The banking and financial services industry is undergoing a period of unprecedented disruption, which is re-shaping the competitive landscape.
Criterium Group believes we’re experiencing a fundamental change in how people manage, save and spend their money –which means banks and credit unions will need to re-imagine how they deliver value to customers and members.
We’re experiencing a disintegration of the financial industry. But disruption is exciting, not scary. As our relationship with money evolves, there are endless opportunities to delight customers and deliver value. However, competing in a digital age takes a completely different approach.
Criterium Group has considered the changing landscape from a competitive, financial, technological and operational perspective to re-design the traditional banking business model to win in a digital world.
SFACFE - FinTech Fraud Summit 2017 - "FinTech Overview and Emerging Trends"Timothy Li
Our CEO, Timothy Li presented at the SFACFE, San Francisco Association of Certified Fraud Examiner's inaugural FinTech Fraud Summit 2017 hosted by Ernst and Young in San Francisco on March 17th, 2017.
Tim covered board fraud and risk management related topics and gave an overview of the FinTech emerging trends to a crowd of over 100 participants.
Disruption in Financial Services? A Silicon Valley PerspectiveHearsay Systems
Jon Sakoda, general partner of venture capital firm New Enterprise Associates (NEA) presents his expert insight on the current and future state of tech and financial services.
Current FinTech Trends in Retail LendingBankersLab
FinTech is gathering pace, with close to a whopping $40 billion in global investment to date - yet keeping up with the changing landscape can prove tough. To keep you ‘in the know’ we’ve produced a handy resource that provides a topline overview of the sector, key industry developments, a selection of must read articles, and tips on how to get involved!
Event: "#FinTech in Asia" - Slide Deck 2nd of February 2015CFTE
Slides used during the "FinTech in Asia" event organised by FinTech Circle and Hosted by Morrison & Foerster. Held in London on the 2nd of February 2015
A look inside the top 4 trends driving the FinTech industry today. How technology is impacting financial services and how they can benefit from advanced data analysis. Presented by Peter Huang, Director of Data at Beyondsoft.
This presentation talks about the basic meaning of fintech and its importance. We also talk about the different verticals in the fintech and the investment trends in fintech world.
From “toothbrushes” to ecosystem: we will see fintech-bank soonVladislav Solodkiy
Presentation for the article: http://goo.gl/FeVkKQ.
The next step (and this step will be not about “more money”, but about real evolution of fintech-movement to ecosystem) in fintech will belongs to new generation of “fintech-banks” (maybe, they will be totally separated from traditional banks), which will have Bank-as-service platforms as back-end, and neobanks as front-ends – to tailor all these services for final end-users in unique bundle and user experience.
Pay Master App is the mobile recharging and payments app in Sri Lanka. As part of their growth plan, this is the seed+ raise they have requested from possible investors. Paymaster is a fully owned subsidiary of FirstPay Pte Ltd
The Evolution of Fintech And What it Means for AdvertisersMSFTAdvertising
SLIDE 1
The Evolution of Fintech And What it Means for Advertisers
By Phil Jones, Analytical Lead - Finance & Insurance
SLIDE 2
2012 was the peak year for Fintech companies founded.
2012 - 281 Fintech companies founded
2014 - surge of Deposits & Lending companies founded
2017 - 10 companies founded
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/financial-services/us-dcfs-fintech-by-the-numbers-web.pdf
SLIDE 3
Investment peak in 2016, driven by Deposits & Lending
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/financial-services/us-dcfs-fintech-by-the-numbers-web.pdf
SLIDE 4
Will ‘open banking’ shake things up further?
-Forced 9 of the biggest banks to release their data in a secure, standardised form
-Rich data on spending and borrowing can thus be shared with third parties, who can then use the data to create new products
-Consumers can access multiple accounts from competitor banks within one single interface
SLIDE 5
The regulation generated a lot of press…
SLIDE 6
...Which contributed to an increase in searches.
SLIDE 7
Young + Males over-index for Fintech searches.
SLIDE 8
There are more searches on mobile than traditional banking
SLIDE 9
TransferWise & Monzo are the biggest and strongest growing.
SLIDE 10
What’s next for Fintech Banking?
SLIDE 11
There is a unique opportunity to streamline customer journey. Rapid utility switching & instant direct debit.
Alternative Data: Transforming SME FinanceJohn Owens
This presentation summarizes the IFC/World Bank/G20 GPFI report on the landscape of alternative data and players that are expanding access to SME finance. This presentation was prepared jointly with the effort of my co-author Lisa Wilhelm. The complete report can be downloaded at https://www.smefinanceforum.org/post/alternative-data-transforming-sme-finance
apidays LIVE Hong Kong - Fast Track the Open Banking Ecosystem with Platform ...apidays
apidays LIVE Hong Kong - The Open API Economy: Finance-as-a-Service & API Ecosystems
Fast Track the Open Banking Ecosystem with Platform Business Model
Garry Sien, Principal Advisory Consultant at Alibaba Cloud International
Mobile Wars: Fintech vs. Banks... and Big Tech in AmbushKatia Bazzocchi
Pure mobile banks gain users daily, as they benefit from accessible smartphone technology. Millenials are the principal users of mobile banks, and will soon be followed by Generation Z. As consumer expectations continue to be shaped by new technology and innovative consumer affairs, a full mobile strategy is key for traditional banks to maintain market share.
360 degrees fintech revolution at ArabNet Beirut 2017ArabNet ME
Elias Gagas, Chief Digital Officer of Payment Components, presents a holistic view on the root causes & key stakeholders of the FinTech (R)evolution. The presentation also includes international use cases & a quick review of Best practices on “Things to Do / Things to Avoid” to be successful in the FinTech era.
Originally presented during the Arabnet Beirut Banking Innovation Day (21/2/2017).
This presentation provides an overview of the different drivers & stakeholders shaping the FinTech revolution.
Originally presented during the Arabnet Beirut Banking Innovation Day (21/2/2017).
This presentation provides an overview of the different drivers & stakeholders shaping the FinTech revolution.
BaaS-platforms and open APIs in fintech l bank-as-a-service.comVladislav Solodkiy
What is bank-as-a-service? And why it is so necessary for Asia-Pacific region? Download as pdf in English, Chinese, Korean and Japanese on www.bank-as-a-service.com. Read more on http://www.forbes.com/sites/vladislavsolodkiy/2016/08/03/what-asian-banks-can-learn-from-amazon-about-working-for-fintech/
The gROWING IMPORTANCE OF BANK AND FINTECH PARTNERSHIP.pdfKissht reviews
Banks know already that Kissht Chinese are all rumours and gossip and that platforms like Kissht can be their best strategic partners to embrace a focus on agility and developing an innovative mindset.
The gROWING IMPORTANCE OF BANK AND FINTECH PARTNERSHIP.pptxKissht reviews
Banks know already that Kissht Chinese are all rumours and gossip and that platforms like Kissht can be their best strategic partners to embrace a focus on agility and developing an innovative mindset.
This conference explored technological innovation across the financial services sector, from developments in leading tier 1 institutions to the disruptive innovators within the start-up community that are reshaping the FS market. The agenda also contextualised the impact of key technology trends such as: Cloud, Mobile, Big Data and Block Chain technology.
Understanding User Needs and Satisfying ThemAggregage
https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
We know we want to create products which our customers find to be valuable. Whether we label it as customer-centric or product-led depends on how long we've been doing product management. There are three challenges we face when doing this. The obvious challenge is figuring out what our users need; the non-obvious challenges are in creating a shared understanding of those needs and in sensing if what we're doing is meeting those needs.
In this webinar, we won't focus on the research methods for discovering user-needs. We will focus on synthesis of the needs we discover, communication and alignment tools, and how we operationalize addressing those needs.
Industry expert Scott Sehlhorst will:
• Introduce a taxonomy for user goals with real world examples
• Present the Onion Diagram, a tool for contextualizing task-level goals
• Illustrate how customer journey maps capture activity-level and task-level goals
• Demonstrate the best approach to selection and prioritization of user-goals to address
• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesHolger Mueller
Holger Mueller of Constellation Research shares his key takeaways from SAP's Sapphire confernece, held in Orlando, June 3rd till 5th 2024, in the Orange Convention Center.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
An introduction to the cryptocurrency investment platform Binance Savings.Any kyc Account
Learn how to use Binance Savings to expand your bitcoin holdings. Discover how to maximize your earnings on one of the most reliable cryptocurrency exchange platforms, as well as how to earn interest on your cryptocurrency holdings and the various savings choices available.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
29. Incumbents
Head of Digital Transformation
Head of Innovation
Head of Data
Head of Customer Experience
Challengers
Head of Product
VP of Growth
Head of Partnerships
Head of Culture
30. Source: Company reports / websites / F-Prime analysis
Scalability (and CACs) not seen before
32. Source: Payments and Banking
April 2016
COLLABORATION
The new standard in banking
February 2018
33. Open Banking – New collaboration strategies
Source: Accenture, 2019
Bank owned
channels
New offerings
BaaP (Bank-as-a-
Platform)
Traditional FS
offering
Digital Service
offerings
BaaS
(Bank-as-a-Service)
Ecosystem
partners
3rd parties
CaaS
(Capability-as-a-Service)
CHANNELS
OFFERINGS
34. THE FUTURE OF BANKING
BANKS VS FINTECH
BUT
BANKS & FINTECH