More Related Content Similar to Erricsson in financial services Similar to Erricsson in financial services (20) 2. Presentation of Ericsson in MFS for UPU Nov 5th 2014 | Public | © Ericsson AB 2014 | 2014-10-29 | Page 2
at a glance
MOBILE INFRASTRUCTURE
OPERATIONS & BUSINESS SUPPORT
SOLUTIONS
SERVICES
TV & MEDIA DELIVERY
35,000
25,000
64,000
2.5 billion
1 billion
180
50%
114,000
Subscribers
managed by us
Subscribers
supported by us
Services
professionals
LTE smartphone traffic
handled by our networks
Employees
Countries with
customers
R&D
Employees
Patents
In R&D
227B SEK Net Sales
2013
32B SEK
3. Presentation of Ericsson in MFS for UPU Nov 5th 2014 | Public | © Ericsson AB 2014 | 2014-10-29 | Page 3
OUR m-commerce VISION
Open Money talks about a world
where financial services are
accessible to all and
interconnected to each other.
Where sending and receiving
money is
as easy and affordable as
sending an SMS.
Driving towards this world is
Ericsson’s mission.
4. Presentation of Ericsson in MFS for UPU Nov 5th 2014 | Public | © Ericsson AB 2014 | 2014-10-29 | Page 4
The challenge &
opportunity
2.5Bnpeople don’t have bank
accounts in the world
200Mmobile wallet users
in emerging markets
› #1 Build financial access
› #2 Accelerate adoption and usage
Key growth
drivers
1.7 bnof unbanked have a
mobile phone
5. Presentation of Ericsson in MFS for UPU Nov 5th 2014 | Public | © Ericsson AB 2014 | 2014-10-29 | Page 5
#1 Building financial access
2.5Bnpeople don’t have bank
accounts in the world
200Mmobile wallet users
in emerging markets
1.7 bnof unbanked have a
mobile phone
A complete platform for financial services
reaching anyone with a mobile phone
ERICSSON
WALLET
PLATFORM
6. Presentation of Ericsson in MFS for UPU Nov 5th 2014 | Public | © Ericsson AB 2014 | 2014-10-29 | Page 6
› The Association of Banks of
Peru
› An union of banks and private
finance institutions
› Has the objective to strengthen
the private financial system,
providing services, information,
advice and consultation.
› As of today 23 members
› Founded 1967
ASBANC
overview
7. Presentation of Ericsson in MFS for UPU Nov 5th 2014 | Public | © Ericsson AB 2014 | 2014-10-29 | Page 7
› Among the world’s first initiatives
with a country wide MFS effort
specifically targeting financial
inclusion.
› Ericsson provides a solution to
enable white label mobile wallet
services: any bank, any service
point, any customer, any MNO.
› Open and collaborative
ecosystem is the foundation
ASBANC,
Peru
8. Presentation of Ericsson in MFS for UPU Nov 5th 2014 | Public | © Ericsson AB 2014 | 2014-10-29 | Page 8
#2 Accelerate adoption & usage
Person-to-Person
Sending money to frIends
and family
Government to Person
Welfare payments,
social transfers
A global switch connecting financial service
providers and mobile wallets globally
Person to Business
Bill payments,
repayments of loans,
Business to Person
Salary payouts,
loan disbursements,
ERICSSON
INTERCONNECT
9. Presentation of Ericsson in MFS for UPU Nov 5th 2014 | Public | © Ericsson AB 2014 | 2014-10-29 | Page 99
WALLET
PLATFORM
WALLET
PLATFORM
WALLET
PLATFORMWALLET
PLATFORM
CONVERGED
WALLET
M-COMMERCE
INTERCONNECT
PROFESSIONAL SERVICES
M-Commerce Portfolio
10. Presentation of Ericsson in MFS for UPU Nov 5th 2014 | Public | © Ericsson AB 2014 | 2014-10-29 | Page 10
HOW can we collaborate TO
foster financial inclusion?
Option 1
Mobile money
Agent
Enabling postal
operators as mobile
money agents
Option 2
Mobile
remittance
service provider
Building a global
network for mobile
remittances, postal
operators are key –
combining digital and
physical touch-points
Option 3
Postal-led mobile
money
deployment for
the unbanked
Enable Postal
operators to deliver full
range of financial
services to the
unbanked through
nationwide m-wallet
solution, similar to
Asbanc in Peru
Inclusive digital
Economy
11. Presentation of Ericsson in MFS for UPU Nov 5th 2014 | Public | © Ericsson AB 2014 | 2014-10-29 | Page 11
building the open
money network
CONNECTING THE ECO
SYSTEMS
