mBank - the most design-driven digital bank in the world - NetFinance, Miami ...Nordea
Most recent update on mBank - the most design-driven digital bank in the world.
Deck presented at NetFinance in Miami in April 2014.
6 global innovation awards (Finovate, Efma, Bank Innovation 2014, Celent's Model Bank 2014). Coverage by Forrester Research, TechCrunch, Harvard Business Review, WSJ, American Banker and more...
Digital Innovation in Financial ServicesNick Baker
An overview of key FINTECH and INSURTECH developments in UK Financial Services. Examines banking, insurance, Blockchain, mobile, how much money is being invested in FINTECH
mBank - the most design-driven digital bank in the world - NetFinance, Miami ...Nordea
Most recent update on mBank - the most design-driven digital bank in the world.
Deck presented at NetFinance in Miami in April 2014.
6 global innovation awards (Finovate, Efma, Bank Innovation 2014, Celent's Model Bank 2014). Coverage by Forrester Research, TechCrunch, Harvard Business Review, WSJ, American Banker and more...
Digital Innovation in Financial ServicesNick Baker
An overview of key FINTECH and INSURTECH developments in UK Financial Services. Examines banking, insurance, Blockchain, mobile, how much money is being invested in FINTECH
Banking Disruption in Financial Services: Threats and OpportunitiesDogTelligent
There are three forces shaping the future of banking. Technology innovation is the first. For most traditional financial institutions -- banks and credit unions -- technology innovation is a weakness; instead, they rely on third-party firms ranging from established core providers to startups to provide them with a mix of products that they repackage and resell to their customers. Demographics is the second force. Millennials now account for 25% of the US population with 80 million and growing. The third force is the emergence of new business models on the one hand driven by Millennial demand and communication preferences, and on the other, enabled by new technologies as they are invented.
The report examines data from multiple sources and suggests potential defenses for institutions to fend off competitive threats from technology, retail, and telecom firms that are gaining traction in the payments and banking arenas.
Georgine Muntz's presentation at CBA LIVE touched on the technologies that can help auto lenders reach an ideal level of efficiency, including eSignatures, automated communication, and loan origination systems. She also discussed the importance of collaboration, examined the uses of detailed data analysis, and explained how hiring both experienced veterans and younger innovators helps to build the most agile and capable teams possible.
http://isvinnovation.com/Directory/Description.aspx?EventId=444
Your customers are demanding new ways to accept payments. Do you understand the difference between credit card transactions (including debit and EBT) and ACH transactions? What about check conversion flows and gift vs. loyalty programs? Join us for an overview of the payments industry including a discussion of payment methods, major players, and what you need to know to develop the proper solution for your customer.
The Digital Banking Revolution webinar by Luigi WewegeLuigi Wewege
Over the past decade FinTech innovations have contributed to a completely new way in which customers can bank, threatening the status quo of traditional retail banks, and redefining a banking model which has been in place for generations. These new technological advancements have facilitated a rapid emergence of digital banking firms and forcing established banks to swiftly increase their pace of digital adoption to stay relevant and stop mass client attrition to agile financial startups. These threats come at a difficult time for banks - stagnant growth of already mature market, decreasing profit margins due to the competitive pricing of new entrants, and customer loyalty becoming increasingly more tenuous.
Silicon Valley Innovation Center
Professional Risk Managers' International Association
This presentation examines trends and innovations in financial services (focusing on banking, insurance, credit cards).
In the last few years, the financial services industry has undergone a digital evolution. Now, it is time for a digital revolution, due to growing disruptive "Fintech" start ups and their innovative models.
Unleashing the o2 o business when the local mobile payment services are takin...Emil Chan
A presentation to 150 retail business executives on behalf of the Association of Cloud and Mobile Computing Professionals at the PCCW conference room on 9 Oct 2015.
Innovations on Banking - Digital Banking Security in the Age of Open BankingPetr Dvorak
With PSD2, 3rd party providers are given an access to bank accounts and even have an ability to initiate payments. As a result, banks need to revise their approach to digital channel security and invest in new categories of security solutions. During the talk, we will present an overview of existing security components for digital banking that will help you harden your system security and comply with SCA under PSD2.
Digital Banking - Industry Trends for Customer ServiceGianluca Ferranti
Consumers’ attitude and benefits of digital banking
Importance of real-time customer interaction in digital banking
Video Banking goes Prime Time
The opportunity for video-enabled interaction to transform retail banking
Great Banking Experience by Service Design - Banks vs. FinTechsChristian Graf
Cash money and banks as we know it will be gone in the near future. Digital financial services by new FinTechs will rule our everyday routines. This could be one scenario. Another could be that banks outrun FinTechs in the long run because of their established
customer base and big budget. Which of the two scenarios is more likely?
Together, we will look into the realities and opportunities of innovative concepts from Banks and FinTechs. Learnings from the past 15+ years of eBanking and new financial services will be presented. You will see how successful service designs for new banking services were created – both from FinTechs and from Banks. With the help of a Value
Proposition Canvas we will analyse some new digital financial services.
In the end, we will discuss the recent develoment in the FinTech realm: the first FinTech got a banking license in Germany. Now, time seems to be near that FinTechs and Banks compete even more, or they cooperate. The hypothesis is: FinTechs or Banks or Bank plus FinTech – it does not matter. What matters is how well the service meets the user needs and provides a great customer experience. And service design is a great way to create such services.
A short presentation on the trends currently impacting banking, and a vision for what a data-driven bank-client relationship would look like (slides 49-56).
Originally presented at Bilan's Digital banking event on April 29th in Geneva, Switzerland. Feedback on @laurenthaug or laurent@anthemis.com
"Smart Banking- Real Time Driven at Number26", Christian Rebernik, CTO at Num...Dataconomy Media
"Smart banking: Real Time Driven Processing at Number26", Christian Rebernik, CTO at Number 26 GmbH
YouTube Link: https://www.youtube.com/watch?v=Hg-Uu0nzd0U
Watch more from Data Natives 2015 here: http://bit.ly/1OVkK2J
Visit the conference website to learn more: www.datanatives.io
Follow Data Natives:
https://www.facebook.com/DataNatives
https://twitter.com/DataNativesConf
Stay Connected to Data Natives by Email: Subscribe to our newsletter to get the news first about Data Natives 2016: http://bit.ly/1WMJAqS
About the Author:
Christian was born in Vienna, Austria and studied economics and informatics in Vienna. Before he joined NUMBER26 in the position of CTO, he founded his own company and worked as a CTO for Zanox, Parship and Immobilien.net. On top of this Christian acts as a Mentor and Coach to several startups during their founding phase and he consulted the United Nations World Food Programme in the creation of the Share the Meal app.
Digital Banking Strategy Roadmap - 3.24.15Calvin Turner
The Digital delivery of banking products and services is already a reality.
Like it or not, your customers will compare their digital banking experience to shopping on Amazon, iTunes, eBay, Southwest Air, etc., and to their digital experiences with large banks that already have robust digital banking offerings.
Traditional banks can’t just push out mobile apps and capabilities to customers and call it a digital banking strategy. Customers expect a seamless integration of the entire online banking experience from initiation to fulfillment. If they are forced to drop off somewhere along the digital experience to print documents, call a representative, and/or visit a branch, you have lost the customer.
Banking Disruption in Financial Services: Threats and OpportunitiesDogTelligent
There are three forces shaping the future of banking. Technology innovation is the first. For most traditional financial institutions -- banks and credit unions -- technology innovation is a weakness; instead, they rely on third-party firms ranging from established core providers to startups to provide them with a mix of products that they repackage and resell to their customers. Demographics is the second force. Millennials now account for 25% of the US population with 80 million and growing. The third force is the emergence of new business models on the one hand driven by Millennial demand and communication preferences, and on the other, enabled by new technologies as they are invented.
The report examines data from multiple sources and suggests potential defenses for institutions to fend off competitive threats from technology, retail, and telecom firms that are gaining traction in the payments and banking arenas.
Georgine Muntz's presentation at CBA LIVE touched on the technologies that can help auto lenders reach an ideal level of efficiency, including eSignatures, automated communication, and loan origination systems. She also discussed the importance of collaboration, examined the uses of detailed data analysis, and explained how hiring both experienced veterans and younger innovators helps to build the most agile and capable teams possible.
http://isvinnovation.com/Directory/Description.aspx?EventId=444
Your customers are demanding new ways to accept payments. Do you understand the difference between credit card transactions (including debit and EBT) and ACH transactions? What about check conversion flows and gift vs. loyalty programs? Join us for an overview of the payments industry including a discussion of payment methods, major players, and what you need to know to develop the proper solution for your customer.
The Digital Banking Revolution webinar by Luigi WewegeLuigi Wewege
Over the past decade FinTech innovations have contributed to a completely new way in which customers can bank, threatening the status quo of traditional retail banks, and redefining a banking model which has been in place for generations. These new technological advancements have facilitated a rapid emergence of digital banking firms and forcing established banks to swiftly increase their pace of digital adoption to stay relevant and stop mass client attrition to agile financial startups. These threats come at a difficult time for banks - stagnant growth of already mature market, decreasing profit margins due to the competitive pricing of new entrants, and customer loyalty becoming increasingly more tenuous.
Silicon Valley Innovation Center
Professional Risk Managers' International Association
This presentation examines trends and innovations in financial services (focusing on banking, insurance, credit cards).
In the last few years, the financial services industry has undergone a digital evolution. Now, it is time for a digital revolution, due to growing disruptive "Fintech" start ups and their innovative models.
Unleashing the o2 o business when the local mobile payment services are takin...Emil Chan
A presentation to 150 retail business executives on behalf of the Association of Cloud and Mobile Computing Professionals at the PCCW conference room on 9 Oct 2015.
Innovations on Banking - Digital Banking Security in the Age of Open BankingPetr Dvorak
With PSD2, 3rd party providers are given an access to bank accounts and even have an ability to initiate payments. As a result, banks need to revise their approach to digital channel security and invest in new categories of security solutions. During the talk, we will present an overview of existing security components for digital banking that will help you harden your system security and comply with SCA under PSD2.
Digital Banking - Industry Trends for Customer ServiceGianluca Ferranti
Consumers’ attitude and benefits of digital banking
Importance of real-time customer interaction in digital banking
Video Banking goes Prime Time
The opportunity for video-enabled interaction to transform retail banking
Great Banking Experience by Service Design - Banks vs. FinTechsChristian Graf
Cash money and banks as we know it will be gone in the near future. Digital financial services by new FinTechs will rule our everyday routines. This could be one scenario. Another could be that banks outrun FinTechs in the long run because of their established
customer base and big budget. Which of the two scenarios is more likely?
Together, we will look into the realities and opportunities of innovative concepts from Banks and FinTechs. Learnings from the past 15+ years of eBanking and new financial services will be presented. You will see how successful service designs for new banking services were created – both from FinTechs and from Banks. With the help of a Value
Proposition Canvas we will analyse some new digital financial services.
In the end, we will discuss the recent develoment in the FinTech realm: the first FinTech got a banking license in Germany. Now, time seems to be near that FinTechs and Banks compete even more, or they cooperate. The hypothesis is: FinTechs or Banks or Bank plus FinTech – it does not matter. What matters is how well the service meets the user needs and provides a great customer experience. And service design is a great way to create such services.
A short presentation on the trends currently impacting banking, and a vision for what a data-driven bank-client relationship would look like (slides 49-56).
Originally presented at Bilan's Digital banking event on April 29th in Geneva, Switzerland. Feedback on @laurenthaug or laurent@anthemis.com
"Smart Banking- Real Time Driven at Number26", Christian Rebernik, CTO at Num...Dataconomy Media
"Smart banking: Real Time Driven Processing at Number26", Christian Rebernik, CTO at Number 26 GmbH
YouTube Link: https://www.youtube.com/watch?v=Hg-Uu0nzd0U
Watch more from Data Natives 2015 here: http://bit.ly/1OVkK2J
Visit the conference website to learn more: www.datanatives.io
Follow Data Natives:
https://www.facebook.com/DataNatives
https://twitter.com/DataNativesConf
Stay Connected to Data Natives by Email: Subscribe to our newsletter to get the news first about Data Natives 2016: http://bit.ly/1WMJAqS
About the Author:
Christian was born in Vienna, Austria and studied economics and informatics in Vienna. Before he joined NUMBER26 in the position of CTO, he founded his own company and worked as a CTO for Zanox, Parship and Immobilien.net. On top of this Christian acts as a Mentor and Coach to several startups during their founding phase and he consulted the United Nations World Food Programme in the creation of the Share the Meal app.
Digital Banking Strategy Roadmap - 3.24.15Calvin Turner
The Digital delivery of banking products and services is already a reality.
Like it or not, your customers will compare their digital banking experience to shopping on Amazon, iTunes, eBay, Southwest Air, etc., and to their digital experiences with large banks that already have robust digital banking offerings.
Traditional banks can’t just push out mobile apps and capabilities to customers and call it a digital banking strategy. Customers expect a seamless integration of the entire online banking experience from initiation to fulfillment. If they are forced to drop off somewhere along the digital experience to print documents, call a representative, and/or visit a branch, you have lost the customer.
We surveyed 200+ employees in financial services. This is what we found... See results and suggestions that can help you improve your job at your bank or credit union.
A global study into 16 to 25 year olds and everyday banking looking at how banks can stay relevant for young people in the face of disruption in the financial services industry.
Banking on Digital: Generating Value from Digital Investmentsaccenture
Customers now inhabit an “always-on,” connected world, and they demand seamless, digitally enabled experiences from all their providers. If banks fail to deliver, customers will go elsewhere.
Growing momentum for Disruption in FinTech:
Looking back and looking forward.
Recording of the Backbase webinar of December 18th, 2014.
In our 2014 closing webinar we will look back at the disruptive highlights of this year and we start looking forward to 2015.
From BBVA acquiring Simple, to more and more neo-banks popping up, fintech startups going IPO and omni-channel moving from marketing buzz to the real thing. In this 60 minute webinar, Backbase's Jouk Pleiter and Jelmer de Jong discuss the main trends and best practices for banks and credit unions to keep on disrupting in the digital banking space.
Overview of industry trends and insights of Fortune 500 companies and startups' activities in the FinTech space. We cover banking tech (security, crm, analytics), payments (pos, money transfer, commerce), cyber currency (blockchain, bitcoin, wallets, cryptocurrency exchanges), business finance (lending, crowdfunding), personal finance (lending, wealth management, mortgage, credit), and alternative cores (banking, insurance).
Philippe Gelis, CEO & Co-Founder of Kantox, talking about the next 10 years in Fintech; A new co-petitive eco-system starts emerging within the financial sector
The next 10 years in FinTech by Philippe Gelis from KantoxTheFamily
We're thrilled to welcome a very special guest:
Philippe Gelis, cofounder & CEO at Kantox!
We hear a lot of talk about the future of Fintech, and who better to give his take on the subject than the cofounder & CEO of one of its top performers?
You've probably heard about Kantox, the P2P currency exchange platform with 1600 clients in over 20 geographic locations. This startup focuses on SMEs and mid-cap companies, providing them with a solution that has historically only been available to the largest of organizations.
Kantox announced last September that they had reached over $2 billion in total transactions on the platform. With their $11 M Series B round raised last May, we can say things are looking pretty good for Kantox ;)
Philippe cofounded Kantox, one of the first Fintech startups, back in 2011. He began his career working for Renault Suisse as a financial controller. He then gained invaluable experience in the banking industry as a consultant. Before founding Kantox, he was strategy & management consultant at Deloitte. He is specialized in corporate finance and business strategy.
In this 45 min. talks on the future of Fintech, Philippe gives his analysis of the current state of the industry and the major trends to follow during the next 10 years.
LOVE,
TheFamily Team
What banks will have to work on over the next couple of years:
in 2013, bank customers have spent 400 minutes per year in the digital channels, but only 1 minute per year on average in direct contact with their bank advisor. 60% of the European population just never went into any bank branch at all (excluding ATM usage). However 90% of the sales still comes from the branches.
Banks will have to fundamentally address this challenge and see how they can become more relevant to consumers and how to sell online.
This keynote addresses the fundamental issues of banks from three perspectives:
- The challenges the users want to have solved
- The challenges coming from an external, market / competitive environment
- The challenges the business has to solve internally
The presentation is fun and thought provoking containing many fresh ideas on the future of banking. Feel free to get in touch!
Summary of the 2017 Financial Technology predictions, as published in 2016 with a focus on key investment themes as well as geographic trends. For more information or the full report email info@finchcapital.com
Mobile Wars: Fintech vs. Banks... and Big Tech in AmbushKatia Bazzocchi
Pure mobile banks gain users daily, as they benefit from accessible smartphone technology. Millenials are the principal users of mobile banks, and will soon be followed by Generation Z. As consumer expectations continue to be shaped by new technology and innovative consumer affairs, a full mobile strategy is key for traditional banks to maintain market share.
Κεντρική Ομιλία: Κωστής Χλουβεράκης, Επικεφαλής Γενικής Διεύθυνσης Digital Banking, Eurobank
Τίτλος Ομιλίας: «Καινοτομία στην σημερινή Τράπεζα: Προκλήσεις, Τάσεις και Προοπτικές»
Opportunities in China's Startup EcosystemZhenFund
The 2013 update from ZhenFund on the state of China's technology startup ecosystem. Last time we outlined the 3C's 2E's in understanding the differences between China and Silicon Valley. This year we focus on some of the positive trends we see developing in the startup ecosystem.
Can Financial Institutions be the next Digital Masters? Capgemini says YESCapgemini
With Millennials coming of age it is even more important than ever for Financial Institutions to provide a strong digital experience. In order to deliver that Financial Institutions need to become Digital Masters - accelerating their digital business, turn data into insights, transform the customer experience and embrace the mobile mind shift.
Capgemini’s Trends in Transformation powered by HPE is your Jedi Master. Are you ready to become a Digital Master? Join us to start your journey.
Presented at HPE Discover Las Vegas 2016.
Internet Trends Report 2018 - KPCB - Mary Meeker - #CodeConIan Gertler
Technology analyst and venture capital icon Mary Meeker released the 2018 Internet Trends report at #CodeCon (the Recode Conference). The 294 page report covers a range of trends and topics including:
- Internet adoption
- Mobile usage
- Mobile ads
- Crypto/cryptocurrency/blockchain
- Voice/speech recognition
- Tech investment
- Ecommerce vs Brick & Mortar
- Subscription services
- Education
- Freelancing
- Transportation
- Enterprise
- China
- Immigration
FinTech - Die digitale Transformation von FinanzdienstleistungenAlexis Eisenhofer
Kapitalangebot und Kapitalnachfrage werden zunehmend auch über innovative Fintech-Unternehmen zusammengebracht, was zu einer Disintermediaton von klassischen Banken führt. In dieser neuen Plattformökonomie gewinnen wenige, diese dafür dann aber umso größer.
Die meisten aktiven Fondsmanager verlieren gegen ihre passive Benchmark (Index). Häufig sind psychologische Gründe (Behavioral Finance) oder gesetzliche Anlagerichtlinien Hemnisse für einen Mehrwert bei der Kapitalanlage.
Niedrigzins, Hochfrequenzhandel und Finanzsystem in der Vertrauenskrise: Stra...Alexis Eisenhofer
Seit über 30 Jahren sind die Zinsen weltweit gesunken und wurden im Zuge der Finanzkrise praktisch abgeschafft. Die Banken haben mit einer Welle von Verbriefungen mehr als 12 Mio. Finanzprodukte geschaffen (wo Liquidität mangels echter Anleger künstlich durch Computer geschaffen werden muss), um angesichts des Zinsschwunds bei der risikolosen Anlage neue Alternativen zu bieten. Durch Informationsasymmetrien haben Anleger erst spät Fehler erkannt, was eine umso größere Enttäuschung geschaffen hat. Banken sind nicht grundsätzlich schlecht, vielmehr sind viele Erwartungen an Finanzberater zu hoch. Im Kern besteht die Krise des Finanzsystems darin, dass Staaten, Unternehmen und auch Privatleute eine derart große Schuldenlast aufgetürmt haben, deren Tilgung angesichts der demographischen Probleme eine große Herausforderung sein wird.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@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
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
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
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
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Google = Bank Of The Future; Future Of The Bank = ?
1. Google = Bank Of The Future;
Future Of The Bank = ?
Digital (R)Evolution In The Financial Services Industry
Alexis Eisenhofer, financial.com - Thomson Reuters, 21 January 2015
2. “Banking Is No Longer Somewhere You Go, But Something You Do.” (Brett King)
“Banking Is Essential, Banks Are Not.” (Bill Gates)
5. Digital Business Models Aim At A Disintermediation Of
The “Man In The Middle”
➢ Producers (brands) and consumers interact directly
➢ "Prosumer": customers influence product design
➢ "Non-physical production" (the core business model of a bank) is ideal for
digital strategies
➢ Innovation in banks has been limited to financial instruments (financial
engineering)
➢ Retail banks in Europe only have 20-40% of their processes digitized (McKinsey,
October 2013)
6. More And More Customers Expect Changes In Banks
➢ Generations X (1964-1979) and Y (1980-1995) reach the age for wealth creation;
"Millennials" (from 2000) do not want consultation
➢ Millennial Disruption Index: "Banking is at the highest risk of disruption."
(71% would rather go to the dentist than to the bank)
➢ Rising equity markets with no risk-free investment opportunity
➢ "Paradox of choice": Too much supply reduces the total demand
➢ "Disenchantment" of financial advisors by two crises; Bad image of banks
7. New Technologies Offer Numerous Opportunities
➢ Big data: volume, variety, velocity, veracity
➢ Access: anyone, anything, anytime, anywhere, any device
➢ Social media (Collaboration and sharing)
➢ Technologies disrupt industries faster than ever
(Skype, Uber, WhatsApp, Spotify, YouTube, Google Maps, Digicams etc.)
➢ One million users in 9 years / months / days: AOL / Facebook / Draw Something
➢ $ 3 billion in Venture Capital for Fintechs in 2013 (2008: $ 930 million) is still
small compared to total bank IT costs ($ 485 billion) - but growing fast
8. Signs Of A Tsunami Are Already Visible
➢ Productivity ratios of retail branches have been deteriorating for a long time
➢ Lower barriers to the provision of financial services
➢ Rising acquisition costs ($ 350 for checking account, $ 2500 for mortgage)
➢ Advertising campaigns are less efficient (declining conversion due to
multichannel sales)
➢ Tsunami: Number of taxis in San Francisco dropped by -65% in a single year
(due to Uber.com)
➢ Accenture expects 30% sales decline in banks by 2020 due to new competitors
(September 2014)
10. ➢ Platform for structured
data
➢ All major sources (FRED,
ECB, etc.)
➢ Ongoing updates
Quandl.com: 10 Million Free Time Series Of Financial Data
(Download, API, Excel & Plotly)
11. Plot.ly: Free Graphical Data Analysis
➢ Almost as powerful as
programming language
R
➢ Sharing & Collaboration
➢ Numerous import /
export formats
12. Quantopian.com: Free Algorithmic Trading Community With
Live Backtesting / Valuation Of Complex Structures
➢ Source code and risk
ratios available
➢ Community of highly
specialized
professionals
➢ Business model: Seed
funding of hedge funds
for top users with a
revenue share
13. Rizm.equametrics.com: Drag And Drop Algo Builder & Paper
Trading
➢ No programming
experience required
➢ Backtesting & Paper
Trading
➢ Financing of the
platform through
introducing broker fees
(IB, FXCM)
14. Estimize.com: Crowdsourced Estimates (4,500+ Analysts)
➢ Wisdom of the crowd
(without sell side bias);
Better results than Wall
Street analysis
➢ Numerous rankings,
alerts, calendars
➢ Social Media Features
15. SeekingAlpha.com: Peer Group Blog For Equity Research With
More Than 7,000 Authors
➢ Excellent quality due to
intensive discussions
➢ Disclosure of new, non-
public facts
➢ Free Transcripts of all
earnings calls
16. No One Could Predict Quotes Better Than Google
➢ 90% of all purchases
start with a search (70%
thereof Google
searches)
➢ Already public search
results allow
outperformance
➢ Eric Schmidt (Chairman)
has implemented a
code of conduct for not
forecasting the stock
market
17. LimeBrokerage.com - Sub Millisecond Execution & Clearing
(880 ns Market Data); 20% Of US Equities Volume
➢ "Discount broker" for
algos
➢ Order execution much
faster than "normal"
brokers
➢ Extensive market data
(Level 2)
19. Paypal Handles A Quarter Of The World's Online Shopping -
148 Million Customers Are Numerically "Germany Plus France"
➢ After 7 years Paypal has
more online accounts
than all savings banks in
Germany
➢ eCommerce doubled in
5 years at 14% market
share - with accelerated
growth
➢ Possible spin-off of Ebay
brings further growth
for Paypal
20. Alipay Is Already The Largest Provider Of Fixed-Term Deposits
In China (6.3% Instead Of 3.25% For State Banks)
➢ Payment processors
start with deposits
➢ Currently the only bank
in China with a positive
real interest rate
➢ Alipay has better image
than state-owned banks
21. TransferWise.com: Extremely Cheap International Transfers -
"Money Without Borders"
➢ International transfer is
the honey pot of bank
charges
➢ Banks charge high fees
even within a single
currency area (e.g.
Eurozone)
➢ Share price of Western
Union has been falling
for years
22. Facebook And MoneyGram: Bank Transfer From The US To
Over 200 Countries Via "PicomoPay" App
➢ 25% of all clicks in the
USA on Facebook
➢ 73% of Millennials want
payment function of
Facebook (Millennial
Disruption Index)
➢ Not a "chicken and egg"
problem (network
effect)
23. Mint.com: Personal Financial Management Service With Multi-
Account Aggregation (198 Mln Accounts In US / Canada)
➢ Personal financial
planning with savings
recommendations by
peer group
comparisons
➢ Financing through
commissions from
selling long-term
contracts
➢ Founded in 2006, taken
over in 2009 by Intuit
(170 million USD)
24. Social Banking "Kaching" Of Australian Commonwealth Bank
➢ Mobile Payment via
Facebook / E-Mail / SMS
➢ Complete integration
into the timeline of
friends
➢ Push Notifications for
payments
26. Lendingclub.com: Peer-To-Peer Lending ("Social Lending")
➢ Peer-to-peer lending,
the world's largest
crowd lending platform
➢ Google hold 8% stake,
IPO in Q4/2014, market
capitalization USD 9.5
bln
➢ Risk management
through pre-selection of
loan applications (only
the top 10%) and
diversification
27. Crowdfunding Is Growing At Double-Digit Annual Growth Rates
➢ Even large projects are
financed
➢ The video game "Star
Citizen" collected 55.5
million USD on the
platform Kickstarter in
2012
➢ Crowdfunding is often
used for social projects
28. Lightfin.de: Private Placement To Qualified Investors
➢ Institutional investors
are pushing into
banking
➢ Platforms bring credit
requests without sales
force
➢ Often ratings are
provided (eg White
Label Moody's)
29. Kreditech.com: Big Data For Credit Scoring
➢ Fully automated rating
of 15,000 data points
➢ Social graph, browsing
behavior and GPS data
to explain the bulk of
creditworthiness
➢ Forecasting accuracy
better than with
traditional models
30. Wonga.com: Short-Term Consumer Loans Up To £ 400 In 5
Minutes
➢ Standardized detection
of small consumer
loans
➢ Credit statement in less
than 5 minutes
➢ Improving efficiency
compared to traditional
retail banking
32. Vaamo.de: Asset Management For Everybody -
"Transparent. Simple. Profitable. "
➢ Simplicity as a key
product feature
➢ Customization through
"self-counseling" via
sliders
➢ Cost advantages
through index funds
33. Wealthfront.com: ETF-based, Commission-Free Asset
Management (AuM $ 1 Bln In 30 months)
➢ International market
leader with 1.8 million
visits per month
➢ 3-digit annual growth
rates
➢ Far stronger growth
than Charles Schwab in
their early stage (Direct
Brokerage)
34. Etoro.com: Social Trading - "Friends" Replace Bank
Advisors
➢ The world's leading
Copy-Trading platform
➢ Nearly 130 million
trades since 2007 (with
continued strong
growth)
➢ Comdirect (German
market leader): 5 million
trades / quarter
35. ➢ Leading Community for
Active Traders for
Charting Analysis
➢ Sharing of chart
patterns via HTML5 Tool
➢ Subscription Fee for
Real Time Data
Tradingview.com: Community Of "Active Traders" For
Technical Analysis
37. Open Architectures, Collaborations And An Innovative
Organizational Structure
➢ Open architecture: flexibility and network effects
("If you can’t beat them, join them.")
➢ Software-as-a-Service: Continuous improvements through clickstream analysis
➢ Cooperation: V.me by Visa provides white label online payment processing
➢ Outsourcing of software development to small flexible partners (no
cannibalization, new thinking, no legacy systems)
➢ Takeover of Fintechs (Problem: Valuations up to several billion USD)
➢ Promotion of Digital Natives to the Board of Directors (only 9 out of 206 DAX
supervisory board members with obvious IT background, Handelsblatt 2014)
38. Social Graph, Peer Group Data, And (Location-Based)
Contextualization
➢ Consistent use of the social graph (Facebook, XING, LinkedIn)
➢ Similarity analysis, eg “Customers who have a similar profile bought these
securities."
➢ Value-added services: Cost savings by changing providers (Peer group
information)
➢ Framing concepts ("40-year-old father" etc.)
➢ Right time and right context (Location-based data)
39. Design, Integration And Differentiation
➢ Design is a key success factor of applications / products (eg iPhone, Nespresso)
➢ "Mobile First": "Less is more" when designing surfaces
➢ Gamification: Use of game mechanics in non-game contexts to engage users
➢ Financial products are seen as commodities by retail customers; distinction to
the competition is key
40. ➢ Paid content can not be accessed through an aggregator like Google
➢ Higher "customer ownership costs": Free content offerings require investments
in added value
➢ Significantly lower distribution costs of paid content
Paid Content And Customer Ownership Costs
41. Thank You For Your Attention!
“You must unlearn what you have learned...” (Yoda)
de.linkedin.com/in/eisenhofer
xing.com/profile/Alexis_Eisenhofer
twitter.com/eisenhofer
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youtube.com/user/aeisenhofer
alexis.eisenhofer@financial.com