SlideShare a Scribd company logo
Chris Skinner

@FSClub and @Chris_Skinner
www.thefinanser.com
© Chris Skinner. All rights reserved.
Digital Bank
Digital Bank
Becoming Digital is the challenge for all, as customers
demand new services focused upon 21st century
technologies. The challenge is that most of us are stuck
with systems built in the last century.
In this age of the mobile internet, where cloud computing
allows anyone to scale from small to big data and back
again, we are all wondering what to do to evolve our
businesses to this new model of servicing and processing.
This book provides the answers for a Digital Bank strategy
through the insights of one of the markets leading
practitioners providing case studies, knowledge and
opinion in order to show the way forward.
Digital Bank not only includes extensive guidance and
background on the digital revolution in banking, but also
in-depth analysis of the activities of incumbent banks such
as Barclays and new start-ups such as Metro Bank in the
UK, as well as disruptive new models of banking such as
Alior Bank in Poland and FIDOR Bank in Germany. Add on
to these a comprehensive sprinkling of completely new
models of finance, such as Zopa and Bitcoin, and you can
see that this book is a must-have for anyone involved in the
future of business, commerce and banking.
“Chris Skinner is simply one of the most brilliant minds in
banking, and he’s always an entertaining read.” The
Financial Brand commentary when awarding Chris
Skinner’s blog the Reader’s Best Banking Blog Award
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
Then …

© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
Today
•
•
•
•
•
•
•
•
•
•
…

Macro-economic risk
Credit risk
Liquidity
Capital availability
Political interference
Regulation
Profitability
Derivatives
Corporate governance
Quality of risk management

•
•
•
•
•
•
•
•
•
•
…

Dodd-Frank
Volcker
Durbin
Vickers
Barnier
Lagarde
Geithner
Bernanke
King
Dragi

© Chris Skinner. All rights reserved.

•
•
•
•
•
•
•
•
•
•
…

Basel III
CRD
MiFID II
PSD II
SEPA end-dates
Solvency II
UCITS IV
EMIR
T2S
Bribery Act
www.thefinanser.com
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
Digital Bank
Digital Bank
© Chris Skinner. All rights reserved.
Mohamed Bouazizi
(Arab Spring)
© Chris Skinner. All rights reserved.
Molly Katchpole
(Bank of America)
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
More mobiles than people
Digital Bank
© Chris Skinner. All rights reserved.
Digital Bank
Digital Bank
It took 13 years to get two million customers
using Internet banking; it took just two months
to reach that number for mobile banking.
[Barclays Bank]
It took 10 years to get twenty million contacts
per month through Internet banking. It took 18
months for mobile. [Société Générale]
Digital Bank
PHOTO
RECEIPTS
Simple allows customer to not only
view receipts, but also attach
pictures to their transactions. Their
overall interface is one of the
cleanest in the industry.
They also integrate a ‘safe-to-spend’
function that combines budget with
transaction behavior.
CUSTOM
ALERTS
GoBank has a very simple way to
set more than 10 different alerts to
be delivered to the channel(s) of
your choice.
CONSOLIDATED
SALES &
SERVICE
USAA integrates sales within their
mobile app on the start-up page and
throughout the entire experience.
SIMPLIFIED
PAYMENTS
Kaching provides as many payment
options as any bank worldwide,
including ability to pay bills with QR
codes, make Bump P2P payments
and even payments through
Facebook.
UNIVERSAL
P2P
Square has recently introduced a
new way to pay friends. With Square
Cash, sending money is as easy as
sending an email. No passwords, no
sign-up, no hassle.
TRANSACTION SEARCH
mBank’s smart transaction
search engine makes a
search through your
transaction history as easy
as using Google on the
internet, with results
displayed in real time
GAMIFICATION
mBank’s gamification in the
bank’s transactional service
to encourage smart
spending and saving
LOCATIONAL REWARDS
Amex serves cardmembers rewards
based on their locations, should they
wish to use the geo-location service.
The feature, called My Offers combines
Amex spend history with location
information to provide discounts and
information of nearby merchants. In
turn, customers click the deals they
want.
DIGITAL
RECEIPTS
Moven provides real-time digital
receipts for debit and mobile
payment transactions. These
receipts include alerts,
categorization and comparison to
historical spending.
FINANCIAL
WELLNESS
Moven’s Cred score
• Monitors your finances
• Provides comparison to others
• Gives you feedback about your
progress and how you can improve
• Rewards you for being financially fit
• Helps you spend, save, and live
smarter
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
Digital Bank
Within a year of launch, Square was processing over:
•
•
•
•

$2 million a day in April 2011, rising to over
$3 million a day by May 2011
$4 million a day by July 2011; and
$11 million a day by November 2011.

In October 2011 they had 750,000 merchants
rising to over a million by December and two
million today – there are only eight million
card-accepting merchants in the USA in total.
By March 2012, Square was processing $4
billion a year in payment volumes, double
the amount announced in October 2011.

In November 2012, Square passed the $10
billion mark with gross revenue of $300
million.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
Digital Bank
Digital Bank
Digital Bank
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
WEARABLE BANKING

Banco Sabadell is the first bank in the world to present its own app
for Google Glass. The app allows the customer to find branches and
ATMs, check balances and supports video conferencing. Apps were
developed using an open app innovation program.
WEARABLE BANKING

The SmartWatch app is based on Westpac’s Cash Tank app that
allows customers to get balances without any authentication.
Westpac is now working to offer customers quick transfers between
their bank accounts and the ability to receive account alerts to the
watch.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
Digital Bank
Digital Bank
Digital Bank
Over 80 percent of Tencent’s revenue comes from value-added services that users
pay for using QQ coins (币, Bì) QQ’s virtual currency. Tencent introduced QQ coins in
2002, and the currency has since become the main driver of China’s virtual goods
market, valued at about US$5 billion in 2009.
Money
is just
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
Digital Bank
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
Mark Zuckerberg (facebook)

© Chris Skinner. All rights reserved.
Mark Zuckerberg (facebook, 2009)

© Chris Skinner. All rights reserved.
Mark Zuckerberg (facebook, 2012)

© Chris Skinner. All rights reserved.
Randi Zuckerberg (instagram, 2012)

© Chris Skinner. All rights reserved.
Digital Bank
Digital Bank
Digital Bank
Digital Bank
© Chris Skinner. All rights reserved.
Julian Assange (wikileaks)
Aaron Barr (HB Gary)
Digital Bank
© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
More than 2,500,000,000,000,000,000 bytes of data (2.5 exabytes) are produced
every day:
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•

People send more than 144.8 billion Email messages sent a day.
People and brands on Twitter send more than 340 million tweets a day.
People on Facebook share more than 684,000 bits of content a day.
People upload 72 hours (259,200 seconds) of new video to YouTube a minute.
Consumers spend $272,000 on Web shopping a day.
Google receives over 2 million search queries a minute.
Apple receives around 47,000 app downloads a minute.
Brands receive more than 34,000 Facebook ‘likes’ a minute.
Tumblr blog owners publish 27,000 new posts a minute.
Instagram photographers share 3,600 new photos a minute.
Flickr photographers upload 3,125 new photos a minute.
People perform over 2,000 Foursquare check-ins a minute.
Individuals and organizations launch 571 new websites a minute.
WordPress bloggers publish close to 350 new blog posts a minute.
The Mobile Web receives 217 new participants a minute.

© Chris Skinner. All rights reserved.
© Chris Skinner. All rights reserved.
The entire works of William Shakespeare
(in text form)

= 5 MB of data
= 500 billion Works of Shakespeare a day

© Chris Skinner. All rights reserved.
Finding
value in
the Data
© Chris Skinner. All rights reserved.
25 exabytes

Valuable

SECURE
CRITICAL
IMPORTANT
WORTHWHILE
200 zetabytes

RUBBISH

Erroneous
Secure

© Chris Skinner. All rights reserved.
Digital Bank
© Chris Skinner. All rights reserved.
Data is the greatest raw material of
Business, on a par with capital and labour.
“What we are seeing is the ability to have
economies form around the data and that,
to me, is the big change at a societal and
even macroeconomic level.”
Craig Mundie
Head of Research and Strategy
Microsoft

© Chris Skinner. All rights reserved.
Digital Bank
Digital Bank
© Chris Skinner. All rights reserved.
Wireless radio is a danger to society and will result in our people
vegetating and being unproductive. Furthermore, it will undermine our
strictures of society and therefore must be managed carefully to ensure it
does not cause civil unrest and uprising.

© Chris Skinner. All rights reserved.
Becoming Digital is the challenge for all, as customers
demand new services focused upon 21st century
technologies. The challenge is that most of us are stuck
with systems built in the last century.
In this age of the mobile internet, where cloud computing
allows anyone to scale from small to big data and back
again, we are all wondering what to do to evolve our
businesses to this new model of servicing and processing.
This book provides the answers for a Digital Bank strategy
through the insights of one of the markets leading
practitioners providing case studies, knowledge and
opinion in order to show the way forward.
Digital Bank not only includes extensive guidance and
background on the digital revolution in banking, but also
in-depth analysis of the activities of incumbent banks such
as Barclays and new start-ups such as Metro Bank in the
UK, as well as disruptive new models of banking such as
Alior Bank in Poland and FIDOR Bank in Germany. Add on
to these a comprehensive sprinkling of completely new
models of finance, such as Zopa and Bitcoin, and you can
see that this book is a must-have for anyone involved in the
future of business, commerce and banking.
“Chris Skinner is simply one of the most brilliant minds in
banking, and he’s always an entertaining read.” The
Financial Brand commentary when awarding Chris
Skinner’s blog the Reader’s Best Banking Blog Award
© Chris Skinner. All rights reserved.
Chris Skinner
Email:
chris.skinner@fsclub.co.uk
Website:
www.fsclub.net
Blog:
www.thefinanser.com
LinkedIn:
Chris Skinner
The Financial Services Club

Facebook Page:
Chris Skinner
The Financial Services Club
Twitter:
@FSClub
@Chris_Skinner

More Related Content

What's hot

2015 Banking Trends
2015 Banking Trends2015 Banking Trends
2015 Banking Trends
MX
 
Digital disruption in Finance
Digital disruption in FinanceDigital disruption in Finance
Digital disruption in Finance
Scopernia
 
Digital Banking: Reshaping the Business Model - Alba Céspedes
Digital Banking: Reshaping the Business Model - Alba CéspedesDigital Banking: Reshaping the Business Model - Alba Céspedes
Digital Banking: Reshaping the Business Model - Alba Céspedes
Alba Cespedes
 
The Next Phase of FinTech Collaboration
The Next Phase of FinTech Collaboration The Next Phase of FinTech Collaboration
The Next Phase of FinTech Collaboration
Devie Mohan
 
A study on E-Finance
A study on E-FinanceA study on E-Finance
A study on E-Finance
Nitin Gulgulia
 
Evolution of Digital Bank 4.0
Evolution of Digital Bank 4.0Evolution of Digital Bank 4.0
Evolution of Digital Bank 4.0
Connected Futures
 
Mega Trends in Retail Banking
Mega Trends in Retail BankingMega Trends in Retail Banking
Mega Trends in Retail Banking
Frank Schwab
 
End-of-Year FinTech Thoughts and Predictions
End-of-Year FinTech Thoughts and PredictionsEnd-of-Year FinTech Thoughts and Predictions
End-of-Year FinTech Thoughts and Predictions
Devie Mohan
 
Understanding Electronic Commerce
Understanding Electronic CommerceUnderstanding Electronic Commerce
Understanding Electronic Commerce
Tyler Hannan
 
A Financial Tech Tsunami Driven by Blockchain AI Crypto Economics
A Financial Tech Tsunami Driven by Blockchain AI Crypto EconomicsA Financial Tech Tsunami Driven by Blockchain AI Crypto Economics
A Financial Tech Tsunami Driven by Blockchain AI Crypto Economics
Dinis Guarda
 
Digital transformation of the banking industry
Digital transformation of the banking industry Digital transformation of the banking industry
Digital transformation of the banking industry
Frank Schwab
 
Innovation in financial services
Innovation in financial servicesInnovation in financial services
Innovation in financial services
Davinci
 
2/3 - Branch, Internet, Mobile, Digital. Evolution of Banking services 2/3
2/3 - Branch, Internet, Mobile, Digital. Evolution of Banking services 2/32/3 - Branch, Internet, Mobile, Digital. Evolution of Banking services 2/3
2/3 - Branch, Internet, Mobile, Digital. Evolution of Banking services 2/3
Alessio Bonetti
 
Fintech Simplified
Fintech SimplifiedFintech Simplified
Fintech Simplified
iHashmi ...
 
Covid-19 Impact on Fintech and 2021 Trends
Covid-19 Impact on Fintech and 2021 TrendsCovid-19 Impact on Fintech and 2021 Trends
Covid-19 Impact on Fintech and 2021 Trends
Devie Mohan
 
Blockchain: Instead of Why, Ask Why Not?
Blockchain: Instead of Why, Ask Why Not?Blockchain: Instead of Why, Ask Why Not?
Blockchain: Instead of Why, Ask Why Not?
Cognizant
 
WTF is the "fintech bank"?
WTF is the "fintech bank"?WTF is the "fintech bank"?
WTF is the "fintech bank"?
Vladislav Solodkiy
 
Fintech and Transformation of the Financial Services Industry
Fintech and Transformation of the Financial Services IndustryFintech and Transformation of the Financial Services Industry
Fintech and Transformation of the Financial Services Industry
Robin Teigland
 
Unleashing the o2 o business when the local mobile payment services are takin...
Unleashing the o2 o business when the local mobile payment services are takin...Unleashing the o2 o business when the local mobile payment services are takin...
Unleashing the o2 o business when the local mobile payment services are takin...
Emil Chan
 
Digital disruptions in finance
Digital disruptions in financeDigital disruptions in finance
Digital disruptions in finance
Ernie Teo
 

What's hot (20)

2015 Banking Trends
2015 Banking Trends2015 Banking Trends
2015 Banking Trends
 
Digital disruption in Finance
Digital disruption in FinanceDigital disruption in Finance
Digital disruption in Finance
 
Digital Banking: Reshaping the Business Model - Alba Céspedes
Digital Banking: Reshaping the Business Model - Alba CéspedesDigital Banking: Reshaping the Business Model - Alba Céspedes
Digital Banking: Reshaping the Business Model - Alba Céspedes
 
The Next Phase of FinTech Collaboration
The Next Phase of FinTech Collaboration The Next Phase of FinTech Collaboration
The Next Phase of FinTech Collaboration
 
A study on E-Finance
A study on E-FinanceA study on E-Finance
A study on E-Finance
 
Evolution of Digital Bank 4.0
Evolution of Digital Bank 4.0Evolution of Digital Bank 4.0
Evolution of Digital Bank 4.0
 
Mega Trends in Retail Banking
Mega Trends in Retail BankingMega Trends in Retail Banking
Mega Trends in Retail Banking
 
End-of-Year FinTech Thoughts and Predictions
End-of-Year FinTech Thoughts and PredictionsEnd-of-Year FinTech Thoughts and Predictions
End-of-Year FinTech Thoughts and Predictions
 
Understanding Electronic Commerce
Understanding Electronic CommerceUnderstanding Electronic Commerce
Understanding Electronic Commerce
 
A Financial Tech Tsunami Driven by Blockchain AI Crypto Economics
A Financial Tech Tsunami Driven by Blockchain AI Crypto EconomicsA Financial Tech Tsunami Driven by Blockchain AI Crypto Economics
A Financial Tech Tsunami Driven by Blockchain AI Crypto Economics
 
Digital transformation of the banking industry
Digital transformation of the banking industry Digital transformation of the banking industry
Digital transformation of the banking industry
 
Innovation in financial services
Innovation in financial servicesInnovation in financial services
Innovation in financial services
 
2/3 - Branch, Internet, Mobile, Digital. Evolution of Banking services 2/3
2/3 - Branch, Internet, Mobile, Digital. Evolution of Banking services 2/32/3 - Branch, Internet, Mobile, Digital. Evolution of Banking services 2/3
2/3 - Branch, Internet, Mobile, Digital. Evolution of Banking services 2/3
 
Fintech Simplified
Fintech SimplifiedFintech Simplified
Fintech Simplified
 
Covid-19 Impact on Fintech and 2021 Trends
Covid-19 Impact on Fintech and 2021 TrendsCovid-19 Impact on Fintech and 2021 Trends
Covid-19 Impact on Fintech and 2021 Trends
 
Blockchain: Instead of Why, Ask Why Not?
Blockchain: Instead of Why, Ask Why Not?Blockchain: Instead of Why, Ask Why Not?
Blockchain: Instead of Why, Ask Why Not?
 
WTF is the "fintech bank"?
WTF is the "fintech bank"?WTF is the "fintech bank"?
WTF is the "fintech bank"?
 
Fintech and Transformation of the Financial Services Industry
Fintech and Transformation of the Financial Services IndustryFintech and Transformation of the Financial Services Industry
Fintech and Transformation of the Financial Services Industry
 
Unleashing the o2 o business when the local mobile payment services are takin...
Unleashing the o2 o business when the local mobile payment services are takin...Unleashing the o2 o business when the local mobile payment services are takin...
Unleashing the o2 o business when the local mobile payment services are takin...
 
Digital disruptions in finance
Digital disruptions in financeDigital disruptions in finance
Digital disruptions in finance
 

Similar to Digital Bank

Cebit Sydney 10th October 2013
Cebit Sydney 10th October 2013Cebit Sydney 10th October 2013
Cebit Sydney 10th October 2013
Chris Skinner
 
Life's a glitch
Life's a glitchLife's a glitch
Life's a glitch
Chris Skinner
 
Everything You Need to Know About Crypto
Everything You Need to Know About CryptoEverything You Need to Know About Crypto
Everything You Need to Know About Crypto
Aggregage
 
3 Reasons why IBDs need a Fintech strategy
3 Reasons why IBDs need a Fintech strategy3 Reasons why IBDs need a Fintech strategy
3 Reasons why IBDs need a Fintech strategy
Sandhya Krishnamurthy
 
Digital Bank, May 2014
Digital Bank, May 2014Digital Bank, May 2014
Digital Bank, May 2014
Chris Skinner
 
Australian Payments Network - Digital Identity
Australian Payments Network  - Digital Identity Australian Payments Network  - Digital Identity
Australian Payments Network - Digital Identity
Australian Payments Network
 
Digital Finance.pdf
Digital Finance.pdfDigital Finance.pdf
Digital Finance.pdf
DhananjayKumar769617
 
SparkLabs Group Deep Tech Sector Overview 2017
SparkLabs Group Deep Tech Sector Overview 2017SparkLabs Group Deep Tech Sector Overview 2017
SparkLabs Group Deep Tech Sector Overview 2017
Bernard Moon
 
CBIZ Banking & Financial Services Quarterly Newsletter-July 2019
CBIZ Banking & Financial Services Quarterly Newsletter-July 2019CBIZ Banking & Financial Services Quarterly Newsletter-July 2019
CBIZ Banking & Financial Services Quarterly Newsletter-July 2019
CBIZ, Inc.
 
Fintech : concurrents ou partenaires ?
Fintech : concurrents ou partenaires ?Fintech : concurrents ou partenaires ?
Fintech : concurrents ou partenaires ?
OCTO Technology Suisse
 
CYDigital Pitch Deck for Crowdfunder
CYDigital Pitch Deck for CrowdfunderCYDigital Pitch Deck for Crowdfunder
CYDigital Pitch Deck for Crowdfunder
CYDigital
 
Cryset pitch deck
Cryset pitch deckCryset pitch deck
Cryset pitch deck
Munachi Ogueke
 
Etude PwC sur le Bitcoin (fév. 2014)
Etude PwC sur le Bitcoin (fév. 2014)Etude PwC sur le Bitcoin (fév. 2014)
Etude PwC sur le Bitcoin (fév. 2014)
PwC France
 
Visa digital currency
Visa digital currencyVisa digital currency
Visa digital currency
Abbas Badran
 
Huincoin white paper:here are everything you want to know about huincoin
Huincoin white paper:here are everything you want to know about huincoinHuincoin white paper:here are everything you want to know about huincoin
Huincoin white paper:here are everything you want to know about huincoin
Npack Machinery
 
Mobile banking and payments is rubbish
Mobile banking and payments is rubbishMobile banking and payments is rubbish
Mobile banking and payments is rubbish
Chris Skinner
 
Venture capital strategic view jan 2015
Venture capital   strategic view  jan 2015Venture capital   strategic view  jan 2015
Venture capital strategic view jan 2015
Gamiel Gran
 
Unleashing The Blockchain
Unleashing The BlockchainUnleashing The Blockchain
Unleashing The Blockchain
Ogilvy Consulting
 
Fintech 4.0
Fintech 4.0Fintech 4.0
Fintech 4.0
Rohit Chopra
 
Top crypto wallets best 7 bitcoin wallet apps in 2022
Top crypto wallets  best 7 bitcoin wallet apps in 2022Top crypto wallets  best 7 bitcoin wallet apps in 2022
Top crypto wallets best 7 bitcoin wallet apps in 2022
Moon Technolabs Pvt. Ltd.
 

Similar to Digital Bank (20)

Cebit Sydney 10th October 2013
Cebit Sydney 10th October 2013Cebit Sydney 10th October 2013
Cebit Sydney 10th October 2013
 
Life's a glitch
Life's a glitchLife's a glitch
Life's a glitch
 
Everything You Need to Know About Crypto
Everything You Need to Know About CryptoEverything You Need to Know About Crypto
Everything You Need to Know About Crypto
 
3 Reasons why IBDs need a Fintech strategy
3 Reasons why IBDs need a Fintech strategy3 Reasons why IBDs need a Fintech strategy
3 Reasons why IBDs need a Fintech strategy
 
Digital Bank, May 2014
Digital Bank, May 2014Digital Bank, May 2014
Digital Bank, May 2014
 
Australian Payments Network - Digital Identity
Australian Payments Network  - Digital Identity Australian Payments Network  - Digital Identity
Australian Payments Network - Digital Identity
 
Digital Finance.pdf
Digital Finance.pdfDigital Finance.pdf
Digital Finance.pdf
 
SparkLabs Group Deep Tech Sector Overview 2017
SparkLabs Group Deep Tech Sector Overview 2017SparkLabs Group Deep Tech Sector Overview 2017
SparkLabs Group Deep Tech Sector Overview 2017
 
CBIZ Banking & Financial Services Quarterly Newsletter-July 2019
CBIZ Banking & Financial Services Quarterly Newsletter-July 2019CBIZ Banking & Financial Services Quarterly Newsletter-July 2019
CBIZ Banking & Financial Services Quarterly Newsletter-July 2019
 
Fintech : concurrents ou partenaires ?
Fintech : concurrents ou partenaires ?Fintech : concurrents ou partenaires ?
Fintech : concurrents ou partenaires ?
 
CYDigital Pitch Deck for Crowdfunder
CYDigital Pitch Deck for CrowdfunderCYDigital Pitch Deck for Crowdfunder
CYDigital Pitch Deck for Crowdfunder
 
Cryset pitch deck
Cryset pitch deckCryset pitch deck
Cryset pitch deck
 
Etude PwC sur le Bitcoin (fév. 2014)
Etude PwC sur le Bitcoin (fév. 2014)Etude PwC sur le Bitcoin (fév. 2014)
Etude PwC sur le Bitcoin (fév. 2014)
 
Visa digital currency
Visa digital currencyVisa digital currency
Visa digital currency
 
Huincoin white paper:here are everything you want to know about huincoin
Huincoin white paper:here are everything you want to know about huincoinHuincoin white paper:here are everything you want to know about huincoin
Huincoin white paper:here are everything you want to know about huincoin
 
Mobile banking and payments is rubbish
Mobile banking and payments is rubbishMobile banking and payments is rubbish
Mobile banking and payments is rubbish
 
Venture capital strategic view jan 2015
Venture capital   strategic view  jan 2015Venture capital   strategic view  jan 2015
Venture capital strategic view jan 2015
 
Unleashing The Blockchain
Unleashing The BlockchainUnleashing The Blockchain
Unleashing The Blockchain
 
Fintech 4.0
Fintech 4.0Fintech 4.0
Fintech 4.0
 
Top crypto wallets best 7 bitcoin wallet apps in 2022
Top crypto wallets  best 7 bitcoin wallet apps in 2022Top crypto wallets  best 7 bitcoin wallet apps in 2022
Top crypto wallets best 7 bitcoin wallet apps in 2022
 

More from Chris Skinner

How to refresh to be fit for the future world
How to refresh to be fit for the future worldHow to refresh to be fit for the future world
How to refresh to be fit for the future world
Chris Skinner
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf
Chris Skinner
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
Chris Skinner
 
WEF_Navigating_the_Industrial_Metaverse_A_Blueprint_2024.pdf
WEF_Navigating_the_Industrial_Metaverse_A_Blueprint_2024.pdfWEF_Navigating_the_Industrial_Metaverse_A_Blueprint_2024.pdf
WEF_Navigating_the_Industrial_Metaverse_A_Blueprint_2024.pdf
Chris Skinner
 
Temenos_Global_Report_Final_Sep22.pdf
Temenos_Global_Report_Final_Sep22.pdfTemenos_Global_Report_Final_Sep22.pdf
Temenos_Global_Report_Final_Sep22.pdf
Chris Skinner
 
the-second-wave-resilient-inclusive-exponential-fintechs.pdf
the-second-wave-resilient-inclusive-exponential-fintechs.pdfthe-second-wave-resilient-inclusive-exponential-fintechs.pdf
the-second-wave-resilient-inclusive-exponential-fintechs.pdf
Chris Skinner
 
Evident_AI_Innovation_Report_.pdf
Evident_AI_Innovation_Report_.pdfEvident_AI_Innovation_Report_.pdf
Evident_AI_Innovation_Report_.pdf
Chris Skinner
 
global-pulse-of-fintech-h123-report-web (1).pdf
global-pulse-of-fintech-h123-report-web (1).pdfglobal-pulse-of-fintech-h123-report-web (1).pdf
global-pulse-of-fintech-h123-report-web (1).pdf
Chris Skinner
 
roland_berger_trend_compendium_2050_compact_version.pdf
roland_berger_trend_compendium_2050_compact_version.pdfroland_berger_trend_compendium_2050_compact_version.pdf
roland_berger_trend_compendium_2050_compact_version.pdf
Chris Skinner
 
S&P on DeFi
S&P on DeFiS&P on DeFi
S&P on DeFi
Chris Skinner
 
US core banking share
US core banking shareUS core banking share
US core banking share
Chris Skinner
 
DIFC Summit, May 2023.pptx
DIFC Summit, May 2023.pptxDIFC Summit, May 2023.pptx
DIFC Summit, May 2023.pptx
Chris Skinner
 
JPMorgan_Chase_Presentation.pdf
JPMorgan_Chase_Presentation.pdfJPMorgan_Chase_Presentation.pdf
JPMorgan_Chase_Presentation.pdf
Chris Skinner
 
Finacle-Innovation-in-Retail-Banking-2023-Report.pdf
Finacle-Innovation-in-Retail-Banking-2023-Report.pdfFinacle-Innovation-in-Retail-Banking-2023-Report.pdf
Finacle-Innovation-in-Retail-Banking-2023-Report.pdf
Chris Skinner
 
European Union survey of digital banking progress
European Union survey of digital banking progressEuropean Union survey of digital banking progress
European Union survey of digital banking progress
Chris Skinner
 
Climate Impact Report
Climate Impact ReportClimate Impact Report
Climate Impact Report
Chris Skinner
 
FT Partners Research - FinTech in Africa.pdf
FT Partners Research - FinTech in Africa.pdfFT Partners Research - FinTech in Africa.pdf
FT Partners Research - FinTech in Africa.pdf
Chris Skinner
 
Accenture-Banking-Top-10-Trends-2023.pdf
Accenture-Banking-Top-10-Trends-2023.pdfAccenture-Banking-Top-10-Trends-2023.pdf
Accenture-Banking-Top-10-Trends-2023.pdf
Chris Skinner
 
Global Cryptasset Standards
Global Cryptasset StandardsGlobal Cryptasset Standards
Global Cryptasset Standards
Chris Skinner
 
European Banks Outlook 2023_09.12.22.pdf
European Banks Outlook 2023_09.12.22.pdfEuropean Banks Outlook 2023_09.12.22.pdf
European Banks Outlook 2023_09.12.22.pdf
Chris Skinner
 

More from Chris Skinner (20)

How to refresh to be fit for the future world
How to refresh to be fit for the future worldHow to refresh to be fit for the future world
How to refresh to be fit for the future world
 
20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf20200128 Ethical by Design - Whitepaper.pdf
20200128 Ethical by Design - Whitepaper.pdf
 
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
20220816-EthicsGrade_Scorecard-JP_Morgan_Chase-Q2-63_57.pdf
 
WEF_Navigating_the_Industrial_Metaverse_A_Blueprint_2024.pdf
WEF_Navigating_the_Industrial_Metaverse_A_Blueprint_2024.pdfWEF_Navigating_the_Industrial_Metaverse_A_Blueprint_2024.pdf
WEF_Navigating_the_Industrial_Metaverse_A_Blueprint_2024.pdf
 
Temenos_Global_Report_Final_Sep22.pdf
Temenos_Global_Report_Final_Sep22.pdfTemenos_Global_Report_Final_Sep22.pdf
Temenos_Global_Report_Final_Sep22.pdf
 
the-second-wave-resilient-inclusive-exponential-fintechs.pdf
the-second-wave-resilient-inclusive-exponential-fintechs.pdfthe-second-wave-resilient-inclusive-exponential-fintechs.pdf
the-second-wave-resilient-inclusive-exponential-fintechs.pdf
 
Evident_AI_Innovation_Report_.pdf
Evident_AI_Innovation_Report_.pdfEvident_AI_Innovation_Report_.pdf
Evident_AI_Innovation_Report_.pdf
 
global-pulse-of-fintech-h123-report-web (1).pdf
global-pulse-of-fintech-h123-report-web (1).pdfglobal-pulse-of-fintech-h123-report-web (1).pdf
global-pulse-of-fintech-h123-report-web (1).pdf
 
roland_berger_trend_compendium_2050_compact_version.pdf
roland_berger_trend_compendium_2050_compact_version.pdfroland_berger_trend_compendium_2050_compact_version.pdf
roland_berger_trend_compendium_2050_compact_version.pdf
 
S&P on DeFi
S&P on DeFiS&P on DeFi
S&P on DeFi
 
US core banking share
US core banking shareUS core banking share
US core banking share
 
DIFC Summit, May 2023.pptx
DIFC Summit, May 2023.pptxDIFC Summit, May 2023.pptx
DIFC Summit, May 2023.pptx
 
JPMorgan_Chase_Presentation.pdf
JPMorgan_Chase_Presentation.pdfJPMorgan_Chase_Presentation.pdf
JPMorgan_Chase_Presentation.pdf
 
Finacle-Innovation-in-Retail-Banking-2023-Report.pdf
Finacle-Innovation-in-Retail-Banking-2023-Report.pdfFinacle-Innovation-in-Retail-Banking-2023-Report.pdf
Finacle-Innovation-in-Retail-Banking-2023-Report.pdf
 
European Union survey of digital banking progress
European Union survey of digital banking progressEuropean Union survey of digital banking progress
European Union survey of digital banking progress
 
Climate Impact Report
Climate Impact ReportClimate Impact Report
Climate Impact Report
 
FT Partners Research - FinTech in Africa.pdf
FT Partners Research - FinTech in Africa.pdfFT Partners Research - FinTech in Africa.pdf
FT Partners Research - FinTech in Africa.pdf
 
Accenture-Banking-Top-10-Trends-2023.pdf
Accenture-Banking-Top-10-Trends-2023.pdfAccenture-Banking-Top-10-Trends-2023.pdf
Accenture-Banking-Top-10-Trends-2023.pdf
 
Global Cryptasset Standards
Global Cryptasset StandardsGlobal Cryptasset Standards
Global Cryptasset Standards
 
European Banks Outlook 2023_09.12.22.pdf
European Banks Outlook 2023_09.12.22.pdfEuropean Banks Outlook 2023_09.12.22.pdf
European Banks Outlook 2023_09.12.22.pdf
 

Recently uploaded

3. Elemental Economics - Supply and Costs.pdf
3. Elemental Economics - Supply and Costs.pdf3. Elemental Economics - Supply and Costs.pdf
3. Elemental Economics - Supply and Costs.pdf
Neal Brewster
 
how to sell hamster kombat tokens any where in the world?
how to sell hamster kombat tokens any where in the world?how to sell hamster kombat tokens any where in the world?
how to sell hamster kombat tokens any where in the world?
CRYPTO SPACE 🪙
 
University of Southern California degree offer diploma Transcript
University of Southern California degree offer diploma TranscriptUniversity of Southern California degree offer diploma Transcript
University of Southern California degree offer diploma Transcript
oywfdy
 
Lucknow Girls Call Kesar Bagh 08630512678 Provide Best And Top Girl Service A...
Lucknow Girls Call Kesar Bagh 08630512678 Provide Best And Top Girl Service A...Lucknow Girls Call Kesar Bagh 08630512678 Provide Best And Top Girl Service A...
Lucknow Girls Call Kesar Bagh 08630512678 Provide Best And Top Girl Service A...
eshikajshani
 
What website can I sell my hamster kombat tokens.
What website can I sell my hamster kombat tokens.What website can I sell my hamster kombat tokens.
What website can I sell my hamster kombat tokens.
CRYPTO SPACE 🪙
 
Monthly Market Risk Update: July 2024 [SlideShare]
Monthly Market Risk Update: July 2024 [SlideShare]Monthly Market Risk Update: July 2024 [SlideShare]
Monthly Market Risk Update: July 2024 [SlideShare]
Commonwealth
 
Hamster kombat - A simple and effective method to withdraw mined tokens.
Hamster kombat - A simple and effective method to withdraw mined tokens.Hamster kombat - A simple and effective method to withdraw mined tokens.
Hamster kombat - A simple and effective method to withdraw mined tokens.
CRYPTO SPACE 🪙
 
Domestic investment in pension schemes - a good thing?
Domestic investment in pension schemes - a good thing?Domestic investment in pension schemes - a good thing?
Domestic investment in pension schemes - a good thing?
Henry Tapper
 
学生妹丝袜【网芷:ht28.co】校服做爱下载app观看>>>[网趾:ht28.co】]<<<
学生妹丝袜【网芷:ht28.co】校服做爱下载app观看>>>[网趾:ht28.co】]<<<学生妹丝袜【网芷:ht28.co】校服做爱下载app观看>>>[网趾:ht28.co】]<<<
学生妹丝袜【网芷:ht28.co】校服做爱下载app观看>>>[网趾:ht28.co】]<<<
amzhoxvzidbke
 
Lucknow Girls Call Adil Nagar 08630512678 Available full Day
Lucknow Girls Call Adil Nagar 08630512678 Available full DayLucknow Girls Call Adil Nagar 08630512678 Available full Day
Lucknow Girls Call Adil Nagar 08630512678 Available full Day
annarivihqrika
 
how to sell hamster kombat tokens before mainnet launch.
how to sell hamster kombat tokens before mainnet launch.how to sell hamster kombat tokens before mainnet launch.
how to sell hamster kombat tokens before mainnet launch.
CRYPTO SPACE 🪙
 
Girls Call Marine lines 9910780858 Provide Best And Top Girl Service And No1 ...
Girls Call Marine lines 9910780858 Provide Best And Top Girl Service And No1 ...Girls Call Marine lines 9910780858 Provide Best And Top Girl Service And No1 ...
Girls Call Marine lines 9910780858 Provide Best And Top Girl Service And No1 ...
maigasapphire
 
Most Girls Call Navi Mumbai 9930245274 Provide Best And Top Girl Service And ...
Most Girls Call Navi Mumbai 9930245274 Provide Best And Top Girl Service And ...Most Girls Call Navi Mumbai 9930245274 Provide Best And Top Girl Service And ...
Most Girls Call Navi Mumbai 9930245274 Provide Best And Top Girl Service And ...
sharonblush
 
20240710 Calibre Mining 2024 Investor Presentation.pdf
20240710 Calibre Mining 2024 Investor Presentation.pdf20240710 Calibre Mining 2024 Investor Presentation.pdf
20240710 Calibre Mining 2024 Investor Presentation.pdf
Adnet Communications
 
How do I sell my Hamster kombat currency?
How do I sell my Hamster kombat currency?How do I sell my Hamster kombat currency?
How do I sell my Hamster kombat currency?
CRYPTO SPACE 🪙
 
Has anyone made money from hamster kombat - the REAL truth.
Has anyone made money from hamster kombat - the REAL truth.Has anyone made money from hamster kombat - the REAL truth.
Has anyone made money from hamster kombat - the REAL truth.
CRYPTO SPACE 🪙
 
How can i sell hamster kombat token on Binance exchange!
How can i sell hamster kombat token on Binance exchange!How can i sell hamster kombat token on Binance exchange!
How can i sell hamster kombat token on Binance exchange!
CRYPTO SPACE 🪙
 
Can I sell my hamster kombat tokens Now! (latest update - 2024)
Can I sell my hamster kombat tokens Now! (latest update - 2024)Can I sell my hamster kombat tokens Now! (latest update - 2024)
Can I sell my hamster kombat tokens Now! (latest update - 2024)
CRYPTO SPACE 🪙
 
When will I be able to sell my Hamster Kombat coins.
When will I be able to sell my Hamster Kombat coins.When will I be able to sell my Hamster Kombat coins.
When will I be able to sell my Hamster Kombat coins.
CRYPTO SPACE 🪙
 
Bangalore Girls Call Bangalore 0X0000000X Payment On Delevery Cash Hot Premiu...
Bangalore Girls Call Bangalore 0X0000000X Payment On Delevery Cash Hot Premiu...Bangalore Girls Call Bangalore 0X0000000X Payment On Delevery Cash Hot Premiu...
Bangalore Girls Call Bangalore 0X0000000X Payment On Delevery Cash Hot Premiu...
seenaoberoi
 

Recently uploaded (20)

3. Elemental Economics - Supply and Costs.pdf
3. Elemental Economics - Supply and Costs.pdf3. Elemental Economics - Supply and Costs.pdf
3. Elemental Economics - Supply and Costs.pdf
 
how to sell hamster kombat tokens any where in the world?
how to sell hamster kombat tokens any where in the world?how to sell hamster kombat tokens any where in the world?
how to sell hamster kombat tokens any where in the world?
 
University of Southern California degree offer diploma Transcript
University of Southern California degree offer diploma TranscriptUniversity of Southern California degree offer diploma Transcript
University of Southern California degree offer diploma Transcript
 
Lucknow Girls Call Kesar Bagh 08630512678 Provide Best And Top Girl Service A...
Lucknow Girls Call Kesar Bagh 08630512678 Provide Best And Top Girl Service A...Lucknow Girls Call Kesar Bagh 08630512678 Provide Best And Top Girl Service A...
Lucknow Girls Call Kesar Bagh 08630512678 Provide Best And Top Girl Service A...
 
What website can I sell my hamster kombat tokens.
What website can I sell my hamster kombat tokens.What website can I sell my hamster kombat tokens.
What website can I sell my hamster kombat tokens.
 
Monthly Market Risk Update: July 2024 [SlideShare]
Monthly Market Risk Update: July 2024 [SlideShare]Monthly Market Risk Update: July 2024 [SlideShare]
Monthly Market Risk Update: July 2024 [SlideShare]
 
Hamster kombat - A simple and effective method to withdraw mined tokens.
Hamster kombat - A simple and effective method to withdraw mined tokens.Hamster kombat - A simple and effective method to withdraw mined tokens.
Hamster kombat - A simple and effective method to withdraw mined tokens.
 
Domestic investment in pension schemes - a good thing?
Domestic investment in pension schemes - a good thing?Domestic investment in pension schemes - a good thing?
Domestic investment in pension schemes - a good thing?
 
学生妹丝袜【网芷:ht28.co】校服做爱下载app观看>>>[网趾:ht28.co】]<<<
学生妹丝袜【网芷:ht28.co】校服做爱下载app观看>>>[网趾:ht28.co】]<<<学生妹丝袜【网芷:ht28.co】校服做爱下载app观看>>>[网趾:ht28.co】]<<<
学生妹丝袜【网芷:ht28.co】校服做爱下载app观看>>>[网趾:ht28.co】]<<<
 
Lucknow Girls Call Adil Nagar 08630512678 Available full Day
Lucknow Girls Call Adil Nagar 08630512678 Available full DayLucknow Girls Call Adil Nagar 08630512678 Available full Day
Lucknow Girls Call Adil Nagar 08630512678 Available full Day
 
how to sell hamster kombat tokens before mainnet launch.
how to sell hamster kombat tokens before mainnet launch.how to sell hamster kombat tokens before mainnet launch.
how to sell hamster kombat tokens before mainnet launch.
 
Girls Call Marine lines 9910780858 Provide Best And Top Girl Service And No1 ...
Girls Call Marine lines 9910780858 Provide Best And Top Girl Service And No1 ...Girls Call Marine lines 9910780858 Provide Best And Top Girl Service And No1 ...
Girls Call Marine lines 9910780858 Provide Best And Top Girl Service And No1 ...
 
Most Girls Call Navi Mumbai 9930245274 Provide Best And Top Girl Service And ...
Most Girls Call Navi Mumbai 9930245274 Provide Best And Top Girl Service And ...Most Girls Call Navi Mumbai 9930245274 Provide Best And Top Girl Service And ...
Most Girls Call Navi Mumbai 9930245274 Provide Best And Top Girl Service And ...
 
20240710 Calibre Mining 2024 Investor Presentation.pdf
20240710 Calibre Mining 2024 Investor Presentation.pdf20240710 Calibre Mining 2024 Investor Presentation.pdf
20240710 Calibre Mining 2024 Investor Presentation.pdf
 
How do I sell my Hamster kombat currency?
How do I sell my Hamster kombat currency?How do I sell my Hamster kombat currency?
How do I sell my Hamster kombat currency?
 
Has anyone made money from hamster kombat - the REAL truth.
Has anyone made money from hamster kombat - the REAL truth.Has anyone made money from hamster kombat - the REAL truth.
Has anyone made money from hamster kombat - the REAL truth.
 
How can i sell hamster kombat token on Binance exchange!
How can i sell hamster kombat token on Binance exchange!How can i sell hamster kombat token on Binance exchange!
How can i sell hamster kombat token on Binance exchange!
 
Can I sell my hamster kombat tokens Now! (latest update - 2024)
Can I sell my hamster kombat tokens Now! (latest update - 2024)Can I sell my hamster kombat tokens Now! (latest update - 2024)
Can I sell my hamster kombat tokens Now! (latest update - 2024)
 
When will I be able to sell my Hamster Kombat coins.
When will I be able to sell my Hamster Kombat coins.When will I be able to sell my Hamster Kombat coins.
When will I be able to sell my Hamster Kombat coins.
 
Bangalore Girls Call Bangalore 0X0000000X Payment On Delevery Cash Hot Premiu...
Bangalore Girls Call Bangalore 0X0000000X Payment On Delevery Cash Hot Premiu...Bangalore Girls Call Bangalore 0X0000000X Payment On Delevery Cash Hot Premiu...
Bangalore Girls Call Bangalore 0X0000000X Payment On Delevery Cash Hot Premiu...
 

Digital Bank

  • 1. Chris Skinner @FSClub and @Chris_Skinner www.thefinanser.com © Chris Skinner. All rights reserved.
  • 4. Becoming Digital is the challenge for all, as customers demand new services focused upon 21st century technologies. The challenge is that most of us are stuck with systems built in the last century. In this age of the mobile internet, where cloud computing allows anyone to scale from small to big data and back again, we are all wondering what to do to evolve our businesses to this new model of servicing and processing. This book provides the answers for a Digital Bank strategy through the insights of one of the markets leading practitioners providing case studies, knowledge and opinion in order to show the way forward. Digital Bank not only includes extensive guidance and background on the digital revolution in banking, but also in-depth analysis of the activities of incumbent banks such as Barclays and new start-ups such as Metro Bank in the UK, as well as disruptive new models of banking such as Alior Bank in Poland and FIDOR Bank in Germany. Add on to these a comprehensive sprinkling of completely new models of finance, such as Zopa and Bitcoin, and you can see that this book is a must-have for anyone involved in the future of business, commerce and banking. “Chris Skinner is simply one of the most brilliant minds in banking, and he’s always an entertaining read.” The Financial Brand commentary when awarding Chris Skinner’s blog the Reader’s Best Banking Blog Award © Chris Skinner. All rights reserved.
  • 5. © Chris Skinner. All rights reserved.
  • 6. © Chris Skinner. All rights reserved.
  • 7. © Chris Skinner. All rights reserved.
  • 8. Then … © Chris Skinner. All rights reserved.
  • 9. © Chris Skinner. All rights reserved.
  • 10. © Chris Skinner. All rights reserved.
  • 11. Today • • • • • • • • • • … Macro-economic risk Credit risk Liquidity Capital availability Political interference Regulation Profitability Derivatives Corporate governance Quality of risk management • • • • • • • • • • … Dodd-Frank Volcker Durbin Vickers Barnier Lagarde Geithner Bernanke King Dragi © Chris Skinner. All rights reserved. • • • • • • • • • • … Basel III CRD MiFID II PSD II SEPA end-dates Solvency II UCITS IV EMIR T2S Bribery Act
  • 13. © Chris Skinner. All rights reserved.
  • 14. © Chris Skinner. All rights reserved.
  • 15. © Chris Skinner. All rights reserved.
  • 18. © Chris Skinner. All rights reserved.
  • 20. © Chris Skinner. All rights reserved.
  • 22. © Chris Skinner. All rights reserved.
  • 23. © Chris Skinner. All rights reserved.
  • 24. © Chris Skinner. All rights reserved.
  • 25. © Chris Skinner. All rights reserved.
  • 26. © Chris Skinner. All rights reserved.
  • 27. © Chris Skinner. All rights reserved.
  • 28. © Chris Skinner. All rights reserved.
  • 31. © Chris Skinner. All rights reserved.
  • 34. It took 13 years to get two million customers using Internet banking; it took just two months to reach that number for mobile banking. [Barclays Bank] It took 10 years to get twenty million contacts per month through Internet banking. It took 18 months for mobile. [Société Générale]
  • 36. PHOTO RECEIPTS Simple allows customer to not only view receipts, but also attach pictures to their transactions. Their overall interface is one of the cleanest in the industry. They also integrate a ‘safe-to-spend’ function that combines budget with transaction behavior.
  • 37. CUSTOM ALERTS GoBank has a very simple way to set more than 10 different alerts to be delivered to the channel(s) of your choice.
  • 38. CONSOLIDATED SALES & SERVICE USAA integrates sales within their mobile app on the start-up page and throughout the entire experience.
  • 39. SIMPLIFIED PAYMENTS Kaching provides as many payment options as any bank worldwide, including ability to pay bills with QR codes, make Bump P2P payments and even payments through Facebook.
  • 40. UNIVERSAL P2P Square has recently introduced a new way to pay friends. With Square Cash, sending money is as easy as sending an email. No passwords, no sign-up, no hassle.
  • 41. TRANSACTION SEARCH mBank’s smart transaction search engine makes a search through your transaction history as easy as using Google on the internet, with results displayed in real time
  • 42. GAMIFICATION mBank’s gamification in the bank’s transactional service to encourage smart spending and saving
  • 43. LOCATIONAL REWARDS Amex serves cardmembers rewards based on their locations, should they wish to use the geo-location service. The feature, called My Offers combines Amex spend history with location information to provide discounts and information of nearby merchants. In turn, customers click the deals they want.
  • 44. DIGITAL RECEIPTS Moven provides real-time digital receipts for debit and mobile payment transactions. These receipts include alerts, categorization and comparison to historical spending.
  • 45. FINANCIAL WELLNESS Moven’s Cred score • Monitors your finances • Provides comparison to others • Gives you feedback about your progress and how you can improve • Rewards you for being financially fit • Helps you spend, save, and live smarter
  • 46. © Chris Skinner. All rights reserved.
  • 47. © Chris Skinner. All rights reserved.
  • 49. Within a year of launch, Square was processing over: • • • • $2 million a day in April 2011, rising to over $3 million a day by May 2011 $4 million a day by July 2011; and $11 million a day by November 2011. In October 2011 they had 750,000 merchants rising to over a million by December and two million today – there are only eight million card-accepting merchants in the USA in total. By March 2012, Square was processing $4 billion a year in payment volumes, double the amount announced in October 2011. In November 2012, Square passed the $10 billion mark with gross revenue of $300 million. © Chris Skinner. All rights reserved.
  • 50. © Chris Skinner. All rights reserved.
  • 54. © Chris Skinner. All rights reserved.
  • 55. © Chris Skinner. All rights reserved.
  • 56. © Chris Skinner. All rights reserved.
  • 57. © Chris Skinner. All rights reserved.
  • 58. © Chris Skinner. All rights reserved.
  • 59. © Chris Skinner. All rights reserved.
  • 60. WEARABLE BANKING Banco Sabadell is the first bank in the world to present its own app for Google Glass. The app allows the customer to find branches and ATMs, check balances and supports video conferencing. Apps were developed using an open app innovation program.
  • 61. WEARABLE BANKING The SmartWatch app is based on Westpac’s Cash Tank app that allows customers to get balances without any authentication. Westpac is now working to offer customers quick transfers between their bank accounts and the ability to receive account alerts to the watch.
  • 62. © Chris Skinner. All rights reserved.
  • 63. © Chris Skinner. All rights reserved.
  • 64. © Chris Skinner. All rights reserved.
  • 65. © Chris Skinner. All rights reserved.
  • 66. © Chris Skinner. All rights reserved.
  • 70. Over 80 percent of Tencent’s revenue comes from value-added services that users pay for using QQ coins (币, Bì) QQ’s virtual currency. Tencent introduced QQ coins in 2002, and the currency has since become the main driver of China’s virtual goods market, valued at about US$5 billion in 2009.
  • 71. Money is just © Chris Skinner. All rights reserved.
  • 72. © Chris Skinner. All rights reserved.
  • 74. © Chris Skinner. All rights reserved.
  • 75. © Chris Skinner. All rights reserved.
  • 76. © Chris Skinner. All rights reserved.
  • 77. Mark Zuckerberg (facebook) © Chris Skinner. All rights reserved.
  • 78. Mark Zuckerberg (facebook, 2009) © Chris Skinner. All rights reserved.
  • 79. Mark Zuckerberg (facebook, 2012) © Chris Skinner. All rights reserved.
  • 80. Randi Zuckerberg (instagram, 2012) © Chris Skinner. All rights reserved.
  • 85. © Chris Skinner. All rights reserved.
  • 87. Aaron Barr (HB Gary)
  • 89. © Chris Skinner. All rights reserved.
  • 90. © Chris Skinner. All rights reserved.
  • 91. More than 2,500,000,000,000,000,000 bytes of data (2.5 exabytes) are produced every day: • • • • • • • • • • • • • • • People send more than 144.8 billion Email messages sent a day. People and brands on Twitter send more than 340 million tweets a day. People on Facebook share more than 684,000 bits of content a day. People upload 72 hours (259,200 seconds) of new video to YouTube a minute. Consumers spend $272,000 on Web shopping a day. Google receives over 2 million search queries a minute. Apple receives around 47,000 app downloads a minute. Brands receive more than 34,000 Facebook ‘likes’ a minute. Tumblr blog owners publish 27,000 new posts a minute. Instagram photographers share 3,600 new photos a minute. Flickr photographers upload 3,125 new photos a minute. People perform over 2,000 Foursquare check-ins a minute. Individuals and organizations launch 571 new websites a minute. WordPress bloggers publish close to 350 new blog posts a minute. The Mobile Web receives 217 new participants a minute. © Chris Skinner. All rights reserved.
  • 92. © Chris Skinner. All rights reserved.
  • 93. The entire works of William Shakespeare (in text form) = 5 MB of data = 500 billion Works of Shakespeare a day © Chris Skinner. All rights reserved.
  • 94. Finding value in the Data © Chris Skinner. All rights reserved.
  • 96. Secure © Chris Skinner. All rights reserved.
  • 98. © Chris Skinner. All rights reserved.
  • 99. Data is the greatest raw material of Business, on a par with capital and labour. “What we are seeing is the ability to have economies form around the data and that, to me, is the big change at a societal and even macroeconomic level.” Craig Mundie Head of Research and Strategy Microsoft © Chris Skinner. All rights reserved.
  • 102. © Chris Skinner. All rights reserved.
  • 103. Wireless radio is a danger to society and will result in our people vegetating and being unproductive. Furthermore, it will undermine our strictures of society and therefore must be managed carefully to ensure it does not cause civil unrest and uprising. © Chris Skinner. All rights reserved.
  • 104. Becoming Digital is the challenge for all, as customers demand new services focused upon 21st century technologies. The challenge is that most of us are stuck with systems built in the last century. In this age of the mobile internet, where cloud computing allows anyone to scale from small to big data and back again, we are all wondering what to do to evolve our businesses to this new model of servicing and processing. This book provides the answers for a Digital Bank strategy through the insights of one of the markets leading practitioners providing case studies, knowledge and opinion in order to show the way forward. Digital Bank not only includes extensive guidance and background on the digital revolution in banking, but also in-depth analysis of the activities of incumbent banks such as Barclays and new start-ups such as Metro Bank in the UK, as well as disruptive new models of banking such as Alior Bank in Poland and FIDOR Bank in Germany. Add on to these a comprehensive sprinkling of completely new models of finance, such as Zopa and Bitcoin, and you can see that this book is a must-have for anyone involved in the future of business, commerce and banking. “Chris Skinner is simply one of the most brilliant minds in banking, and he’s always an entertaining read.” The Financial Brand commentary when awarding Chris Skinner’s blog the Reader’s Best Banking Blog Award © Chris Skinner. All rights reserved.
  • 105. Chris Skinner Email: chris.skinner@fsclub.co.uk Website: www.fsclub.net Blog: www.thefinanser.com LinkedIn: Chris Skinner The Financial Services Club Facebook Page: Chris Skinner The Financial Services Club Twitter: @FSClub @Chris_Skinner

Editor's Notes

  1. Mohamed Bouzzazi
  2. Molly Katchpole
  3. http://wearesocial.sg/tag/mobile-stats/
  4. http://visual.ly/reaching-50-million-users
  5. http://lightspeaker.net/
  6. http://www.filetransit.com/images/screen/53ed891374a1cbfb63e1e7d11471004d_Matrix_Mania.jpg
  7. http://www.bbc.co.uk/news/technology-22152213
  8. Aaron Barr
  9. http://www.filetransit.com/images/screen/53ed891374a1cbfb63e1e7d11471004d_Matrix_Mania.jpg
  10. http://www.filetransit.com/images/screen/53ed891374a1cbfb63e1e7d11471004d_Matrix_Mania.jpg