This document discusses current trends in the fin-tech industry, including: 1) It outlines the history and expansion of banking services and the role of technology in banking over time, from telegraphs to modern internet, mobile, and app-based banking. 2) Key trends covered include bitcoin and blockchain technology, peer-to-peer lending, and use of big data and analytics for insights like customer segmentation. 3) The goals of fin-tech are also mentioned as making banking more convenient and accessible, increasing market share through new services, automating processes, ensuring regulatory compliance and security of transactions.

1. Copyright ©. Maveric Systems Limited
Innovation Trends
In
Fin-Tech Industry
Kaustubh Varade
+91 7045571772 / 9595601906
kaustubhv@maveric-systems.com

2. 2
Purpose of this session
 To get acquainted with current trends in the Financial Services and Banking
Industry
 To understand the importance of our work in this ever changing industry by
looking at the bigger picture
 To inculcate eagerness within us so as to stay updated with upcoming trends

3. 3
Agenda
 Rise of Banking Industry
 Role of Technology in Banking
 Goals of Fin-Tech Industry
 Current Trends and core technologies behind them
- Bitcoin, P2P Lending, Big Data, Virtual Banking
 Must-have Skills to upgrade ourselves

4. 4
History of Banking Industry

5. 5
Services Expansion in Banking Industry
Fund Based
• Factoring
• Leasing
• Hire Purchase
• Bill Discounting
• Housing Finance
• Venture Capital
Fee Based
• Debit / Credit cards
• Fund Transfers & Payment services
• Commission on Insurance and MF
• Portfolio management services
• Broking services
• Investment Banking

6. 6

7. 7
Role of technology in banking
Telegraph
Messaging
(1846)
Tabulating
Machines
(1920)
Commercial
Computer
(1948)
ATM &
Cards
(1966)
RDBMS &
OOP
(1990)
Internet
Banking
Mobile
Banking
Tele-
Banking
Phone
Banking
TAB based
Banking
What‘s
Next ??

8. 8
Convenient
Banking
Increasing
Market Share
Process
Automation
 Be a good friend of
Central Banker
Regulatory
Compliance
Goals of Fin-Tech Industry
 Customer needs
Banking, not Banks.
 Know your customer
needs in and out.
 Stay safe and secure
Security of
Transactions
 Cost Reduction is a way
to maximize the profit

9. 9
Bitcoin
 Underlying technology behind Block-chain.
 Block-chain Distributed public ledger of transactions of
things
 Every single transaction is recorded in a block-chain
 Block-chain spans across multiple places that’s called node
 Every single node has a copy of block chain
 Multi-authorization paves way for secured ecosystem

10. 10
Applications
Of
Bitcoin

11. 11
Peer to Peer(P2P) Lending

12. 12

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 Extract actionable insights using machine learning
algos.
 Every financial transaction is nugget of data
 Multiple data sources pertaining to different
customer groups, Product categories, functions within
bank.
 Decision Trees, Data clustering, Text Analysis,
Neural Networks, Link Analysis
Actionable Insights
User Data
Ecommerce
Data
Transaction
Data
Big Data

14. 14
Acquire Customer – Retain Customer – Develop Customer
Sentiment Analytics
Customer 360
Customer
Segmentation
Next Best Offer Channel Journey
Listen to the customer Divide and Rule
Anticipating customer’s needs
Know your customer
Identify Cost effective channels

15. 15
Virtual Banking

16. 16
Must – Have Skills
In Ever Changing the World of Financial Services

17. 17
Business Side
Awareness
about
current
industry
trends
Risk
Management
Skills
Business
Model
Analysis
Financial
Engineering
Financial
Inclusion
Financial
Markets
Economics
Portfolio
Investment
Management
Financial
Instruments

18. 18
Technical
skills
Advance
Technologies
Block-Chain
Artificial
Intelligence SMAC
Programming
Skills
Java C++ Python
Data Science
Analytics / R
Programming

19. 19
Thank You !!