1) The document summarizes predictions for trends in the fintech industry in 2016 based on developments in 2015. 2) Key predictions include greater funding spread across regions like Asia, and the emergence of Singapore, Tel Aviv and Switzerland as major fintech hubs. 3) Another prediction is that tier 2 banks will increase their ecosystem creation and investments in B2B fintech, and that banking will increasingly become a platform for fintech companies to deliver value-added services to customers.

1. End-of-Year FinTech Thoughts
Fintectonic 2015
Devie Mohan
@devie_mohan

2. As of January 2015..
Significance of 2015 trends Significant trends in 2015
Key players from 2014 Fintech Trends for 2015
Source: Yodlee Annual FinTech Influencer Survey 2014 by Devie Mohan
Prediction 1: Bitcoin and Payments Innovation are not going to be the highlights of 2016

3. As of December 2015..
Prediction 2: There will be a better spread of funding across all regions (esp Asia)

4. There is definitely a banking investment race...
Lending, Payments and Big Data have seen the
largest investments from banks.
Prediction 3: Gamification, RegTech and Tax Advisory will see big investments from banks

5. And we saw races between countries (and cities)..
• Emergence of fintech hubs by country (outside of London, USA)
Prediction 4: Singapore, Tel Aviv and Switzerland will emerge as major fintech hubs

6. And the banks wanted the biggest piece of all...
• Every bank (almost) with an accelerator programme
• Emergence of B2B fintech sectors
Prediction 5: Tier 2 banks’ ecosystem creation, more banking investment in B2B fintech

7. Does the industry agree?
We’re going to give every customer their own IPI (Individual Programmable Interface). The customer
will be in control of their money and data; they get to decide what to share and most importantly
realise the value of their own money and data.
- Chris Gledhill, CEO of Secco Bank
Cybersecurity is an industry challenge and can only be properly addressed with an industry wide
approach.
- Patrick Maes, CTO of ANZ Bank
I think the whole area of leveraging data to regain customer intimacy is huge, where fintech – especially
artificial intelligence, machine learning and algorithms – can play a big role.
- Usama Fayyad, Chief Data Officer, Barclays Group
I think the key thing is in moving on from the sins of the past and focusing on the opportunities for the
future, at least for those of us who weren’t around during the financial crisis.
- Anne Boden, CEO of Starling Bank
Perhaps banking can be seen as a platform where fintechs can be participants and deliver value-added
services to customers?
- Chuck Hounsell, Head of Payments, TD Bank
Prediction 6: Banking as a Platform for fintechs!

8. Thank You
Devie Mohan
@devie_mohan