During the 1st EWPN Katapult meetup I shared my learnings taken from the MoneyConf 2018 Dublin.
#EWPNKatapult is a regular meetup organized by FemTechLab for the community of European Women Payments Network in Hungary.
#EWPN #EWPNHungaryMeetup
«Branch, Internet, Mobile, Digital» is a study that aims to synthesize and connect some of the most innovative actions that Banks, Fintechs and other actors are undertaking to develop a new model for the financial services.
Views expressed in this presentation are my own.
This is my latest presentation on digital bank trends, that accompanies the book Digital Bank http://www.amazon.com/Digital-Bank-Chris-Skinner-ebook/dp/B00G1L9MDI/ref=zg_bs_154892011_9
Andrew Murrell GM of Digital and Social Marketing from Commonwealth Bank (CommBank) and Bianca Buckridee Social Media Operations Manager from Chase joined Derek Laney Director Product Marketing from Salesforce for a discussion on how banks are reacting and embracing social in their businesses.
Recording will be available after post-production, drop me a line at @derektweets if you want me to let you know when it is there
Carlisle & Gallagher Consulting Group predicts mobile payments will surge to 20% of U.S. payment transactions by 2020. Consumer apathy, sluggish merchant acceptance and lingering security concerns continue to slow near-term mobile wallet adoption.
Presentation: Digital Financial Wellness: The Future of Money
Presented by: Mohamed Khalil, Head of Product, Data & Marketing, Moven
Mobile technology coupled with data and behavioral sciences now allow for highly personalized, real time interactions that alter consumer behaviors. This talk will examine how the retail financial services model must adapt to survive this digital disruption.
http://www.bdionline.com/
Slides to introduce the concept of fintech(financial technology) in Indonesia. In 2016, fintech is in the spotlight worldwide. In Indonesia alone, there are suddenly a lot of fintechs launching and is impacting traditional businesses. Unfortunately, these traditional businesses don't know what is fintech, what kind of opportunity it presents, and what kind of threat it presents for them.
Audience : Cooperative Experts of Indonesia
Goal : Convey what is fintech, and why does it matter for Indonesia
As we kick off 2016, what will Financial Institutions and the FinTech disruptors focus on from a payments perspective? What and who will be the winners and losers when it comes to mobile payments, mobile wallets, digital payment solutions, cryptocurrencies and blockchain? CG’s Emerging Payments Leads Jim McLeod and Sam Maule share their thoughts on these topics with David Brear, the Chief Thinker at London’s Think Different Group. Watch the full video: https://www.youtube.com/watch?v=GUnf0OtE6bI
«Branch, Internet, Mobile, Digital» is a study that aims to synthesize and connect some of the most innovative actions that Banks, Fintechs and other actors are undertaking to develop a new model for the financial services.
Views expressed in this presentation are my own.
This is my latest presentation on digital bank trends, that accompanies the book Digital Bank http://www.amazon.com/Digital-Bank-Chris-Skinner-ebook/dp/B00G1L9MDI/ref=zg_bs_154892011_9
Andrew Murrell GM of Digital and Social Marketing from Commonwealth Bank (CommBank) and Bianca Buckridee Social Media Operations Manager from Chase joined Derek Laney Director Product Marketing from Salesforce for a discussion on how banks are reacting and embracing social in their businesses.
Recording will be available after post-production, drop me a line at @derektweets if you want me to let you know when it is there
Carlisle & Gallagher Consulting Group predicts mobile payments will surge to 20% of U.S. payment transactions by 2020. Consumer apathy, sluggish merchant acceptance and lingering security concerns continue to slow near-term mobile wallet adoption.
Presentation: Digital Financial Wellness: The Future of Money
Presented by: Mohamed Khalil, Head of Product, Data & Marketing, Moven
Mobile technology coupled with data and behavioral sciences now allow for highly personalized, real time interactions that alter consumer behaviors. This talk will examine how the retail financial services model must adapt to survive this digital disruption.
http://www.bdionline.com/
Slides to introduce the concept of fintech(financial technology) in Indonesia. In 2016, fintech is in the spotlight worldwide. In Indonesia alone, there are suddenly a lot of fintechs launching and is impacting traditional businesses. Unfortunately, these traditional businesses don't know what is fintech, what kind of opportunity it presents, and what kind of threat it presents for them.
Audience : Cooperative Experts of Indonesia
Goal : Convey what is fintech, and why does it matter for Indonesia
As we kick off 2016, what will Financial Institutions and the FinTech disruptors focus on from a payments perspective? What and who will be the winners and losers when it comes to mobile payments, mobile wallets, digital payment solutions, cryptocurrencies and blockchain? CG’s Emerging Payments Leads Jim McLeod and Sam Maule share their thoughts on these topics with David Brear, the Chief Thinker at London’s Think Different Group. Watch the full video: https://www.youtube.com/watch?v=GUnf0OtE6bI
Wearables, payments, data, ROI, agility, non-traditional competitors, and more.
The 2015 landscape is heated. Account holders are demanding digital experiences that meet standards set by Amazon, Netflix, and Google. New entrants like Square and Apple are upending the payments industry, and wearables are set to add a new layer of devices to prepare for.
With so many competing priorities, how can your institution determine where to focus its efforts and budget?
View this presentation to learn what industry experts think banks and credit unions should focus on this year.
The 10 leading payment and card solution providers of 2020Mirror Review
Nevertheless, it is evident that the world will witness a new normal once the pandemic outbreak settles down. Hence, in our latest issue of “The 10 Leading Payment and Card Solution
Providers of 2020”, we present you the prominent solution providers which are providing consumers with an alternative financial sector and making electronic payments universally
accessible.
Traditional PFM Is Dead. Welcome to the New World of Digital Money ManagementMX
There is a fundamental shift occurring due to digital disruption in the financial services industry. Large banks are spending upwards of $500 million a year on mobile alone, global fintech investment grew 201% between 2013 and 2014 and up to half of the world’s banks will disappear through the cracks caused by digital.
Accenture believes with all of these changes, combined with deleveraging and squeezed margins, 30 percent of traditional banking revenues will be at risk by 2020. Now the only way for financial institutions to grow is to increase share of wallet by providing extraordinary value to customers and beating the competition.
The TECS #tecsthenewleaders are rapidly emerging as the new leaders. The paths they follow differ widely in various Asian markets, due to local conditions and regulations. However, the common theme is that the TECS, rather than traditional banks, will be the dominant players in Asian personal financial services and emerging markets.
Explore the evolving trends in banking. Consumers’ values and expectations of their bank are evolving, stemming from a new generation of buyers and the rise of disruptive fintechs helping people to reimagine how banking could - and should - be.
Fading Money: the future of home banking and financial services.
The first generation of digital Banks and financial services tried to transform an obscure world into something that could be used by everyone. The first scope was just enabling the access to daily basic functionality through simple web services but many things changed after. The advent of mobile solutions, tablet and smart sensors (beacon, NFC, portable card reader etc.) changed completely the actual landscape and banks needs to adapt their service experiences following new principles: simple, cross-channel and tailored.
Starting from the pillars of modern banking solutions we’ll discover the impact of big data on personal finance management, the role of mobile and desktop interfaces today and how physical branches are reinventing their role to follow this ever-evolving ecosystem.
We’ll discover also how intelligent systems can create tailored financial experiences for mass market, supporting the user in improving his knowledge of economics and creating personalized offers based on analytics and data tracking.
Today home banking is becoming a commodity and user are considering banks more and more as modern personal wallets. Tomorrow artificial intelligence, personal financial advisor, smart branch, wearable devices and the overall cross channel strategy will become the key factors of products differentiation.
2nd Place Finalist Consulting Case Competition for ANZ x TBWA x UniMelb Kate Gilchrist
Presentation by Finalists of SAMM's (Student Association of Management and Marketing) Consulting Case Competition with ANZ Banking Corporation and TBWA. Our proposal includes 4 key disruption inspired ideas for ANZ's strategic direction.
Semester 2 (August) 2017 at The University of Melbourne.
Increasing penetration of smartphones, Aadhaar-linked bank accounts and a host of powerful open and programmable capabilities is set to create the ‘WhatsApp moment’ for Indian banking.
The Economist Intelligence Unit, on behalf of Temenos, surveyed 200 global banking executives to investigate the challenges retail banks face in the years to 2020 and how they are responding.
Some key findings:
The regulators will decide: Capital and compliance will shape incumbents and newcomers alike. Domestic regulators warn fintechs not to expect an easy ride.
Into the unknown: American banks worry about regulation the most, despite a promised rollback. European policy direction is more certain, yet onerous. Geopolitics do not help.
Resistance is futile: The EU’s Second Payment Services Directive and open architecture are the game changers. Banks may lose their customers’ loyalty, fintechs could hit compliance barriers. Both must collaborate to survive.
Complacency is not a virtue: Fear of peer-to-peer lenders and robo-advice may have peaked. Non-banks could still steal deposit and lending business—and profit—unless banks improve the customer experience.
No cash, no cheques: If they are smart, banks may still win the war to build truly universal digital networks.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
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Wearables, payments, data, ROI, agility, non-traditional competitors, and more.
The 2015 landscape is heated. Account holders are demanding digital experiences that meet standards set by Amazon, Netflix, and Google. New entrants like Square and Apple are upending the payments industry, and wearables are set to add a new layer of devices to prepare for.
With so many competing priorities, how can your institution determine where to focus its efforts and budget?
View this presentation to learn what industry experts think banks and credit unions should focus on this year.
The 10 leading payment and card solution providers of 2020Mirror Review
Nevertheless, it is evident that the world will witness a new normal once the pandemic outbreak settles down. Hence, in our latest issue of “The 10 Leading Payment and Card Solution
Providers of 2020”, we present you the prominent solution providers which are providing consumers with an alternative financial sector and making electronic payments universally
accessible.
Traditional PFM Is Dead. Welcome to the New World of Digital Money ManagementMX
There is a fundamental shift occurring due to digital disruption in the financial services industry. Large banks are spending upwards of $500 million a year on mobile alone, global fintech investment grew 201% between 2013 and 2014 and up to half of the world’s banks will disappear through the cracks caused by digital.
Accenture believes with all of these changes, combined with deleveraging and squeezed margins, 30 percent of traditional banking revenues will be at risk by 2020. Now the only way for financial institutions to grow is to increase share of wallet by providing extraordinary value to customers and beating the competition.
The TECS #tecsthenewleaders are rapidly emerging as the new leaders. The paths they follow differ widely in various Asian markets, due to local conditions and regulations. However, the common theme is that the TECS, rather than traditional banks, will be the dominant players in Asian personal financial services and emerging markets.
Explore the evolving trends in banking. Consumers’ values and expectations of their bank are evolving, stemming from a new generation of buyers and the rise of disruptive fintechs helping people to reimagine how banking could - and should - be.
Fading Money: the future of home banking and financial services.
The first generation of digital Banks and financial services tried to transform an obscure world into something that could be used by everyone. The first scope was just enabling the access to daily basic functionality through simple web services but many things changed after. The advent of mobile solutions, tablet and smart sensors (beacon, NFC, portable card reader etc.) changed completely the actual landscape and banks needs to adapt their service experiences following new principles: simple, cross-channel and tailored.
Starting from the pillars of modern banking solutions we’ll discover the impact of big data on personal finance management, the role of mobile and desktop interfaces today and how physical branches are reinventing their role to follow this ever-evolving ecosystem.
We’ll discover also how intelligent systems can create tailored financial experiences for mass market, supporting the user in improving his knowledge of economics and creating personalized offers based on analytics and data tracking.
Today home banking is becoming a commodity and user are considering banks more and more as modern personal wallets. Tomorrow artificial intelligence, personal financial advisor, smart branch, wearable devices and the overall cross channel strategy will become the key factors of products differentiation.
2nd Place Finalist Consulting Case Competition for ANZ x TBWA x UniMelb Kate Gilchrist
Presentation by Finalists of SAMM's (Student Association of Management and Marketing) Consulting Case Competition with ANZ Banking Corporation and TBWA. Our proposal includes 4 key disruption inspired ideas for ANZ's strategic direction.
Semester 2 (August) 2017 at The University of Melbourne.
Increasing penetration of smartphones, Aadhaar-linked bank accounts and a host of powerful open and programmable capabilities is set to create the ‘WhatsApp moment’ for Indian banking.
The Economist Intelligence Unit, on behalf of Temenos, surveyed 200 global banking executives to investigate the challenges retail banks face in the years to 2020 and how they are responding.
Some key findings:
The regulators will decide: Capital and compliance will shape incumbents and newcomers alike. Domestic regulators warn fintechs not to expect an easy ride.
Into the unknown: American banks worry about regulation the most, despite a promised rollback. European policy direction is more certain, yet onerous. Geopolitics do not help.
Resistance is futile: The EU’s Second Payment Services Directive and open architecture are the game changers. Banks may lose their customers’ loyalty, fintechs could hit compliance barriers. Both must collaborate to survive.
Complacency is not a virtue: Fear of peer-to-peer lenders and robo-advice may have peaked. Non-banks could still steal deposit and lending business—and profit—unless banks improve the customer experience.
No cash, no cheques: If they are smart, banks may still win the war to build truly universal digital networks.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
2. CONNECTINGLEADING EMPOWERING
“SINCE OUR FORMATION IN 2015, WE HAVE FOCUSED ON BUILDING A STRONG NETWORK OF WOMEN
WORKING IN THE SECTOR WHO CAN SHARE THEIR EXPERIENCES TO HELP OTHERS TO PROGRESS
THEIR CARRIERS.”
MARTHA MGHENDI-FISHER, FOUNDER OF EWPN
5. MEET THE
TEAM
EXECUTIVE BOARD ADVISORY BOARD
Martha Mghendi-Fisher
Founder of EWPN
Nadja Van der Veer
Payment Counsel
Stanley Skoglund
Minerva, Director
Silvia Mensdorff-Poully
ACI, GM
Miranda McLean
Banking Circle, VP
Andrea Dunlop
Paysafe, CEO
Natasha Kyprianides
Hellenic Bank, CDO
Viola Llewellyn
Ovamba, President
Christine Bailey
Valitor, CMO
6. Anna Maj
Poland
Estelle Brack
France
Chiara Quaia
Spain
Marilyn Sieff
Spain
Inge Van Dijk
Netherland
Monica Monaco
Belgium
Angela Yore
UK
Maria Akkuratnova
Norway
Ulrikke Kejser
Denmark
Victoria Sorving
Sweden
Oddny Arnadottir
Iceland
Dagma Bjornsdottir
Malta
Meirav Harel
Israel
Johanna
Austria
Ugne
Cyprus
MEET
THE TEAM
Szilvia Egri
Hungary
COUNTRY AMBASSADORS
7.
8. Valentin Stalf
(Founder & CEO)
N26
Daniel Schreiber
(Founder & CEO)
Lemonade
Kenneth Lin
(Founder & CEO)
Credit Karma
9. Valentin Stalf
(Founder & CEO)
N26
Daniel Schreiber
(Founder & CEO)
Lemonade
Kenneth Lin
(Founder & CEO)
Credit Karma
FUTURE OF
BANKING
FUTURE OF
SALES & SERVICE
FUTURE OF
FINANCE
10. Valentin Stalf
(Founder & CEO)
N26
Daniel Schreiber
(Founder & CEO)
Lemonade
Kenneth Lin
(Founder & CEO)
Credit Karma
FUTURE OF
BANKING
> 1 MILLION
CUSTOMER
FUTURE OF
SALES & SERVICE
27% MARKET
SHARE AMONG
NEWCOMERS
FUTURE OF
FINANCE
> 80 MILLION
MEMBERS
13. FUTURE OF
BANKING
“95% OF THE PEOPLE HAVE
THE SAME, SIMPLE NEEDS.
THE REST IS SALES”
MYTH #1: BANKING IS COMPLEX
14. “NPS IS HIGHER FOR
FINTECHS THAN BANKS”
MYTH #2: TRUST ONLY WITH BANKS
FUTURE OF
BANKING
15. ✦API revolution rather then PSD2 or Open Banking
revolution
✦The market players will change the market! Not
the PSD2.
OPEN BANKING & PSD2
✦Stop scaring people, rather educate them on data
sharing!
✦Value chain can completely be broken up
✦PSD2 is “just” a good start - providing more
transparency.
✦Open Banking alone will not transform the industry
FUTURE OF
BANKING
16. ✦ HAVING A GOOD DATA SET
✦ CLOSE CONNECTION TO THE
CUSTOMER VIA SMARTPHONE
✦ USE OF AI TO CREATE AN INTERFACE WHICH
IS INDIVIDUAL FOR EACH CUSTOMER
SUSTAINABLE BANKING MODEL
FUTURE OF
BANKING
22. EFFECTIVE SALES & SERVICE
✦ DELIGHTFUL EXPERIENCE AND USE OF BOTS
GENERATES 100 TYPES OF MORE DATA PER
CUSTOMER
✦ USE OF BOTS LOWER THE COST OF
ACQUISITION & CLAIM MANAGEMENT
✦ BEING ABLE TO PRICE THE RISK MORE
EFFECTIVELY WITH AI
FUTURE
OF SALES &
SERVICE
24. FUTURE OF
FINANCE
APPROACH
USE OF DATA
HELPS TO MAKE BETTER
FINANCIAL DECISION
VAST QUANTITY OF DATA TO
CREATE UNIQUE INSIGHTS
SERVE THE WEALTHY
INCOMPLETE DATA SETS IN
FRAGMENTED DATABASES
TRADITIONAL
PLAYERS
28. “WE BELIEVE THAT WITH THE RAPID ADOPTION OF DIGITAL ASSISTANT
DEVICES, VOICE-COMMERCE WILL BE THE NEXT FRONTIER”
29. 2 BILLION DIGITAL ASSISTANTS
POWERED BY VOICE
200 BILLION SEARCHES MADE ON
MONTHLY BASIS USING VOICE
FUTURE OF
E-COMMERCE
EXPECTATION BY 2021
30. ✦ USING VOICE IS THE MOST NATURAL WAY
OF INTERACTING FOR HUMAN BEING
✦ FAST BUYING EXPERIENCE: TRAIN TICKET
IS ONLY 2 MINUTES!
✦ USING PAYMENT CREDENTIALS STORED
ON AMAZON ACCOUNT
FUTURE OF
E-COMMERCE
✦ EARLY ADOPTERS ALREADY EXPERIMENTING
31.
32. FUTURE OF
MONEY
AT THE END OF THE DAY MARKET PLAYERS ARE THE
ONES WHO WILL / SHOULD CHANGE THE GAME
PSD2 & OPEN BANKING ARE THE HOLLY GRAIL
MYTHS REALITY
FINANCIALS ARE COMPLEX
MAJORITY OF THE CUSTOMERS HAVE THE SAME, SIMPLE
NEEDS
TRUST IS ONLY WITH BANK
THE SUCCESSFUL FINTECHS AND TECH COMPANIES
BECOME LOVEMARKS
BANKS WILL COPY EVERY INTERESTING SERVICES AND
FINALLY “STEAL” THE GAME
THE REAL QUESTION: IF BANKS CAN SHRINK FAST
ENOUGH TO REMAIN PROFITABLE
VIA DELIGHTFUL EXPERIENCE AND USING LATEST
TECHNOLOGIES THEY COLLECT MORE DATA AND USE IT
IN A SMARTER WAY
1 1
2 2
3
4
5
3
5
FINTECHS ARE ONLY ABOUT FLASHY CX4
33. IMAGINE THE UNBELIEVABLE & PREPARE FOR IT - IT WILL HAPPEN!
ONES THAT ARE MOST ADAPTABLE TO CHANGE WILL SURVIVE!
KNOWLEDGE OF THE NEW TECHNOLOGIES WILL BE CRUCIAL!