This document discusses fintech, which refers to the use of technology to make financial services more efficient. It provides a timeline of technological innovations in finance from precious metals to modern developments like cryptocurrencies, robo-advisory services, and digital banks. Fintech has seen tremendous investment and growth in recent years, transforming traditional financial institutions and giving rise to startups. Both established players and challengers are innovating in areas like lending, payments, investment, and risk management using technologies like blockchain, artificial intelligence, and cloud computing. The document provides career advice for those interested in fintech, emphasizing the importance of becoming a subject matter expert in a particular domain.

1. Fintech :
A Job, Career or your Vision
By Sumsun He

2. Questions :
1. Why Chose A Technology Management Course but MBA?
2.What do you know about Fintech?

3. What is Fintech?
VS
The segment of the technology startup scene
that is disrupting sectors such as mobile
payments, money transfers, loans, fundraising
and even asset management
An economic industry composed of companies
that use technology to make financial
service more efficient, include established
financial organization and startups
Innovation + Disruption Innovation + Productivity

4. The Technology Timeline in Finance
• Precious Metal
• Bank Notes
• Pen & Paper
• F2F Business
Pre-computer
Computer Era
Internet Age
Mobile & Apps
Big Data & AI
• Credit Cards
• ATM
• POS
• Digital Stock
Trading
• e-Banking
• Octopus Card
• Algo Trading
• P2P
• Apple Pay
• Mobile Banking
• P2P
• Bitcoins
• 24 x 7 Service
• Robo Advisory
• Crowd Funding
• Digital Bank
• Fortune Teller

5. Why does Fintech Matter
• Investment increased twelvefold
(930m 2008 – 12b 2014)
• 50b invested since 2010
• 2500 start-up funded
• 20 Fintech unicorns
• Global bank’s IT spending hit 196b
• Cross industry Transformation
• Global reach
• Technology Driven Growth
• Any time, Any where, Any device
• Productivity
• Goldman Sachs CEO’s video
• Lloyd Blankfein : Goldman Sachs is
a technology company

6. Institutions vs Challengers
Currency Lending/Funding Payment & Transfer Investment & Advisory Risk, Credit, Security &
Productivity
• Central banks • Bank branch
• Stringently
regulated
• Bank branch
• Payment
Processor
• Investment banks
• Private banks
• The big four
• The big three
• Private cloud
• Virtual currency • P2P lending
• Crowd Funding
• Loosely regulated
• POS
• Payment
• Algo trading
• Robo advisory
• SaaS providers
• Analytic tools

7. Areas of Disruption

8. WIIFM

9. Advice, Mindset and Tools
• Be the SME and champion of
something
• WIIFM and Client Focus
• Entrepreneur and Intrapreneur
• Frameworks and Tools
• TOGAF,
• Management Model
• Development Methodology
CNBC asked one of the most powerful players in
the industry — J.P. Morgan Asset Management
CEO Mary Callahan Erdoes — for her best career
advice.
Whether you're switching jobs, moving within a
company or starting your own, "you have to be a
subject matter expert in something," she said. "Not
everything —but in something."

10. October’s Recommended Readings

11. Q&A
Q & A

12. About Sumsun He and Contact Details
Fintech Entrepreneur
UBS Director
RBS VP
BAE Principal Consultant

13. Thank You