SIX Paymit is a payment network provided by SIX. The slide deck shows details of the solution and how long it would take for a bank to integrate the new payment method to their services.
How APIs & emerging global standards create opportunities for software develo...PaymentComponents
Presented during the "Software for Domain experts" conference (http://events.r20.constantcontact.com/register/event?oeidk=a07eb508fmk158165b3&llr=z6ibj5bab) conference, held at the Cube Athens (http://thecube.gr/), on October 29th 2015.
Are you looking to learn more about banking API? Check the slides Kontomatik has used to describe the benefits of financial data aggregation and its technology in particular during FinDEVr conference in San Francisco in September 2015.
APIs have been "The hottest topic in FinTech" during recent months - do you know what they mean and why they represent the next big thing for FinTech & Financial Institutions?
How APIs & emerging global standards create opportunities for software develo...PaymentComponents
Presented during the "Software for Domain experts" conference (http://events.r20.constantcontact.com/register/event?oeidk=a07eb508fmk158165b3&llr=z6ibj5bab) conference, held at the Cube Athens (http://thecube.gr/), on October 29th 2015.
Are you looking to learn more about banking API? Check the slides Kontomatik has used to describe the benefits of financial data aggregation and its technology in particular during FinDEVr conference in San Francisco in September 2015.
APIs have been "The hottest topic in FinTech" during recent months - do you know what they mean and why they represent the next big thing for FinTech & Financial Institutions?
PaymentComponents is excited to have contributed to "The Future of Open Banking, beyond January 2018" by Pinsent Masons & Innovate Finance! Read more by the global leadership in Open Banking & PSD2.
apidays LIVE Jakarta - Transforming customer identity to achieve a greater so...apidays
apidays LIVE Jakarta - Transforming customer identity to achieve a greater social good by Ryne Cheow, NTUC Enterprise
apidays LIVE Jakarta 2021 - Accelerating Digitisation
February 24, 2021
Transforming customer identity to achieve a greater social good
Ryne Cheow, Product Lead, Identity at NTUC Enterprise
Sameer is a digital strategist focusing on removing friction across Banks, NBFCs, Fintechs and Software providers. He is working with Financial Institutions for establishing their digital strategy in alignment with business strategy. The digital strategy would generate value through increase in digital footprint / revenues / cross-sell. This would also reduce costs through productivity gains, automation and process realignment. Digital initiatives as part of strategy would include loan origination, Cross sell platform, Omnichannel platform, Analytics & AI, Mobility and Fintech tie-ups.
This deck is part of his open innovation approach. This can be used by anyone.
Beyond Open Banking : Uncovering The Opportunities Ahead- 21st april 2021 - N...Nouamane Cherkaoui
Talk / Presentation on the latest issue of Beyond Open Banking, Open Finance and The Global Ecosystem.
Nouamane Cherkaoui
21st april 2021 On Retail Baking Forum
apidays LIVE India - Banking Redefined - Decoding the API era for Indian bank...apidays
apidays LIVE India 2021 - Connecting 1.3 billion digital innovators
May 20, 2021
Banking Redefined - Decoding the API era for Indian banks
Aishwarya Jaishankar, Co-founder of Hyperface Technologies
Digital” is the new buzz word in the banking sector, with banks all around the globe hopping onto the digital bandwagon. Banks of all sizes are making sizeable investments in digital initiatives in order to maintain a competitive edge.
Open APIs are changing the next generation of financial servicesfigo GmbH
Open APIs are changing the next generation of financial services
In the last seven years mobile changed a lot, but now I think mobile is not enough anymore - hard to say, but mobile only is dead.
If you want to be successful, you have to create services and in best case ecosystems for you and your customers.
A single mobile solution is nice, but times are running and now you have to bring the right context to your customers.
But creating a ecosystem and giving the right context to your customers would not be a success if you try to build this alone by yourself and without the right partners.
The problem is, you didn't know all the right partners who are bringing the right context to your customer.
The only way to find them, is to be open - open minded and on a technical site with open infrastructures.
I believe one of the keys for success in the future are smart APIs - In Banking and all other industries.
How open banking and instant payments are changing financial servicesSriram Kannan
Technology has changed the way we make payments with online businesses paving the way for innovative payment solutions. Entry of FinTechs and a non-banks into the payments space has created a massive disruption in the financial services industry.
API is the New Black for FinTech & Financial InstitutionsElias Gagas
API is the New Black for FinTech & Financial Institutions. See how Payment Components aplonAPI (TM) API Framework empowers Banks to offer Open Platform Banking Services.
Presented during FinTech Connect Live 2016 in London
Why you will choose the aplonAPI™ platform, to empower your Open banking proj...PaymentComponents
With aplonAPI you can:
› Achieve PSD2 compliance in just 3 months
› Engage with Fintech developers
› Build and monetize your own APIs
› Manage your internal APIs
› Integrate with your existing ESB or core systems
› Expedite new apps development
› Leverage 3rd party APIs to enhance your offerings
› Attract corporate customers with easy ERP / TMS integration
apidays LIVE Jakarta - Accelerating user acquisition and improving customer r...apidays
apidays LIVE Jakarta 2021 - Accelerating Digitisation
February 24, 2021
Accelerating user acquisition and improving customer retention through integrated bill payment features
Jakob Rost, CEO & Founder at Ayoconnect
aplonAPI empowers you to explore the Future of FinTech APIs ... today.
Learn more about the product & discover how you can rapidly enter the APIs era, using our production grade API Management Framework.
aplonAPI allows you to become PSD2 compliant and start deploying innovative Open Banking / Banking as a Platform services & solutions
Insights Success is the Best Business Magazine in the world for enterprises, being a platform it focuses distinctively on emerging as well as leading fastest growing companies, their confrontational style of doing business and way of delivering effective and collaborative solutions to strengthen market share. Here, we talks about leader’s viewpoints & ideas, latest products/services, etc. Insights Success magazine reaches out to all the ‘C’ Level professional, VPs, Consultants, VCs, Managers, and HRs of various industries
Exponential banking: Reinventing Financial Services in a world of Exponential...Vincent Teo
A Point of View on the threat of Fintechs and Neobanks in the Financial Services category and what banks should do to respond and continue to unlock business and customer value and drive growth.
Banks should look beyond just embracing the latest Fintech and look to reinvent themselves as the Exponential Bank of the Future.
PaymentComponents is excited to have contributed to "The Future of Open Banking, beyond January 2018" by Pinsent Masons & Innovate Finance! Read more by the global leadership in Open Banking & PSD2.
apidays LIVE Jakarta - Transforming customer identity to achieve a greater so...apidays
apidays LIVE Jakarta - Transforming customer identity to achieve a greater social good by Ryne Cheow, NTUC Enterprise
apidays LIVE Jakarta 2021 - Accelerating Digitisation
February 24, 2021
Transforming customer identity to achieve a greater social good
Ryne Cheow, Product Lead, Identity at NTUC Enterprise
Sameer is a digital strategist focusing on removing friction across Banks, NBFCs, Fintechs and Software providers. He is working with Financial Institutions for establishing their digital strategy in alignment with business strategy. The digital strategy would generate value through increase in digital footprint / revenues / cross-sell. This would also reduce costs through productivity gains, automation and process realignment. Digital initiatives as part of strategy would include loan origination, Cross sell platform, Omnichannel platform, Analytics & AI, Mobility and Fintech tie-ups.
This deck is part of his open innovation approach. This can be used by anyone.
Beyond Open Banking : Uncovering The Opportunities Ahead- 21st april 2021 - N...Nouamane Cherkaoui
Talk / Presentation on the latest issue of Beyond Open Banking, Open Finance and The Global Ecosystem.
Nouamane Cherkaoui
21st april 2021 On Retail Baking Forum
apidays LIVE India - Banking Redefined - Decoding the API era for Indian bank...apidays
apidays LIVE India 2021 - Connecting 1.3 billion digital innovators
May 20, 2021
Banking Redefined - Decoding the API era for Indian banks
Aishwarya Jaishankar, Co-founder of Hyperface Technologies
Digital” is the new buzz word in the banking sector, with banks all around the globe hopping onto the digital bandwagon. Banks of all sizes are making sizeable investments in digital initiatives in order to maintain a competitive edge.
Open APIs are changing the next generation of financial servicesfigo GmbH
Open APIs are changing the next generation of financial services
In the last seven years mobile changed a lot, but now I think mobile is not enough anymore - hard to say, but mobile only is dead.
If you want to be successful, you have to create services and in best case ecosystems for you and your customers.
A single mobile solution is nice, but times are running and now you have to bring the right context to your customers.
But creating a ecosystem and giving the right context to your customers would not be a success if you try to build this alone by yourself and without the right partners.
The problem is, you didn't know all the right partners who are bringing the right context to your customer.
The only way to find them, is to be open - open minded and on a technical site with open infrastructures.
I believe one of the keys for success in the future are smart APIs - In Banking and all other industries.
How open banking and instant payments are changing financial servicesSriram Kannan
Technology has changed the way we make payments with online businesses paving the way for innovative payment solutions. Entry of FinTechs and a non-banks into the payments space has created a massive disruption in the financial services industry.
API is the New Black for FinTech & Financial InstitutionsElias Gagas
API is the New Black for FinTech & Financial Institutions. See how Payment Components aplonAPI (TM) API Framework empowers Banks to offer Open Platform Banking Services.
Presented during FinTech Connect Live 2016 in London
Why you will choose the aplonAPI™ platform, to empower your Open banking proj...PaymentComponents
With aplonAPI you can:
› Achieve PSD2 compliance in just 3 months
› Engage with Fintech developers
› Build and monetize your own APIs
› Manage your internal APIs
› Integrate with your existing ESB or core systems
› Expedite new apps development
› Leverage 3rd party APIs to enhance your offerings
› Attract corporate customers with easy ERP / TMS integration
apidays LIVE Jakarta - Accelerating user acquisition and improving customer r...apidays
apidays LIVE Jakarta 2021 - Accelerating Digitisation
February 24, 2021
Accelerating user acquisition and improving customer retention through integrated bill payment features
Jakob Rost, CEO & Founder at Ayoconnect
aplonAPI empowers you to explore the Future of FinTech APIs ... today.
Learn more about the product & discover how you can rapidly enter the APIs era, using our production grade API Management Framework.
aplonAPI allows you to become PSD2 compliant and start deploying innovative Open Banking / Banking as a Platform services & solutions
Insights Success is the Best Business Magazine in the world for enterprises, being a platform it focuses distinctively on emerging as well as leading fastest growing companies, their confrontational style of doing business and way of delivering effective and collaborative solutions to strengthen market share. Here, we talks about leader’s viewpoints & ideas, latest products/services, etc. Insights Success magazine reaches out to all the ‘C’ Level professional, VPs, Consultants, VCs, Managers, and HRs of various industries
Exponential banking: Reinventing Financial Services in a world of Exponential...Vincent Teo
A Point of View on the threat of Fintechs and Neobanks in the Financial Services category and what banks should do to respond and continue to unlock business and customer value and drive growth.
Banks should look beyond just embracing the latest Fintech and look to reinvent themselves as the Exponential Bank of the Future.
Apresentação da aula Economia P2P: a produção colaborativa, curso “Oito Temas para se pensar a Ciência, a Sociedade e as Redes na Era da Complexidade”, no Programa de Pós-Graduação em Informação e Comunicação em Saúde, da Fundação Oswaldo Cruz.
Apresentação feita no simpósio Acta Media XI, em novembro de 2014.
O deslocamento do paradigma autoral na atualidade, mais aberto e interativo, está relacionado à emergência da economia peer-to-peer. Casos emblemáticos deste modelo produtivo, como o sistema operacional Linux e a enciclopédia colaborativa Wikipédia, são também exemplos notórios de experimentação de um novo modelo autoral baseado em interações distribuídas em rede. Neste artigo, num primeiro momento, é feita uma reflexão sobre a concepção de autoria, tendo como base o pensamento de Michel Foucault. Em seguida, exploramos algumas características do processo autoral P2P que tem lugar nas redes de comunicação. Por último, apresentamos o caso do website Overmundo como um exemplo brasileiro de produção peer-to-peer.
Everyday Bank: A Journey to Digital TransformationBackbase
Accenture’s Senior Managing Director, Juan Pedro Moreno, shares the firm’s vision for banks in the digital age. During this free, one hour long webinar, Juan Pedro will highlight:
- How customer behavior has shaped a digital revolution for banks,
- How technology is blurring the boundaries that define customer service, and
- What threats and opportunities this emerging digital landscape presents for banks.
- Last but not least, he will go into the specific steps banks must take in order to become a successful Everyday Bank.
"Banks face a growing challenge from non-bank entities that are aggressively using digital innovations to take on functions traditionally part of banking. Think Amazon, which now offers loans to its merchants. Or the giant Alibaba, now the world’s largest payment provider. But banks have a huge competitive advantage in this digital world. With their vast digital data, payment know-how and deep understanding of compliance, security and financing, they are positioned to become an Everyday Bank, providing an unparalleled personalized customer experience that cannot be replicated by non-banks."
-- The Everyday Bank, Accenture.
figo the Backbone of next generation financial servicesfigo GmbH
“The financial service industry is
at the edge of disruption - figo can help every player to make the next step into digitalization”
20. Handelsblatt-Jahrestagung Banken-Technologie
This presentation gives an overview of the company Mint Payments Limited listed on the ASX in Australia under MNW. It explains the products and services and how the company operates in the payments industry.
Digital Finance ecosystem is emerging. It is changing all finance services. Resource sharing, partner networks and APIs have very important role in the ecosystem. Grow VC Group companies offer solutions and services to enable digital finance.
Grow VC Group digital finance insight and visionGrow VC Group
Digital Finance ecosystem is emerging. It is changing all finance services. Resource sharing, partner networks and APIs have very important role in the ecosystem. Grow VC Group companies offer solutions and services to enable digital finance.
Fidor TecS enables disruptive banking
Fidor combines a full banking license with its own technology: a strong focus on APIs ensures meeting the demands of the 21st century digital consumer globally and profitably. Fidor serves in a unique way the digitalized banking world to “make this bank your bank” through its open banking APIs.
Be a part of reshaping the post-crisis banking industry through cutting edge technology instead of doing the minimum to be compliant. Educate and integrate your customer through your own community of loyal customers instead of preying on financial illiteracy. The Fidor Operating System fidorOS allows you to do just that - and much more.
fidorOS is designed to work seamlessly with existing core banking system. It not only provides all the basic banking functionalities but it also is expandable, thanks to its modular design.
It also bridges traditional banking products like account, payments, deposits, loans with new banking products like P2P lending, crowd lending, social trading, virtual currencies and Ripple.
A completely new technology that is not tied to any legacy code. Flexible enough to be used on nearly any core banking system and powerful enough to be used by banks as white label.
Wallet Factory platform is a constructor for a wide range of use cases:
- Launching digital banking for traditional banks and credit unions (white-label mobile and web apps and integration with banking core system);
- Enabling extra revenue sources for telecom operators, e.g. P2P, service catalogues, money transfers etc. (e-wallet processing and a mobile app);
- Setting up loyalty\payments system for retailers etc. (e-wallet processing and mobile app, alongside with the loyalty platform).
In recent months, many customers have been asking us the question – how to monetise Open APIs, simplify Fintech integrations and accelerate adoption of various Open Banking business models. Therefore, AWS and FinConecta would like to invite you to Open Finance marketplace presentation on October 20th.
Event Agenda :
Open banking so far (short recap)
• PSD2, OB UK, OB Australia, OB LATAM, OB Israel
Intro to Open Finance marketplace
• Scope
• Features
• Tech overview and Demo
The role of the Cloud
The Future of APIs
• Complying with regulation
• Monetizing data / APIs
• Business models
• Time to market
One platform for all: a Strategic approach
Q&A
apidays LIVE LONDON - How APIs are changing the fintech world by Chirine Ben...apidays
apidays LIVE LONDON - The Road to Embedded Finance, Banking and Insurance with APIs
How APIs are changing the fintech world
Chirine BenZaied - Bourgerie, Innovation Director at Finastra
Top European Fintech Startups You Must KnowMint2Save1
Fintech is also known as financial technology. The term Fintech includes a massive range of products, business models and techniques that are transforming the financial services industry.
Want to learn more about finance and related technology visit: https://mint2save.com/
TIS Workshop "BearingPoint – Our Business Case for Smart Payments and Better Decisions" (English)
Speaker: Eveline Stam, Head of Treasury, BearingPoint
Presentation of DNB Open Banking held at Nordic Finance Innovation's member meeting in Oslo on February 1st 2018.
Event details: https://mailchi.mp/bd5f7d12c9bb/member-meeting-february-1-bankfintech-partnerships?e=e55c296881
Keynote (original): https://www.dropbox.com/s/yofjegqkzgyul6v/180201%20-%20Open%20Bank%20-%20Nordic%20Finance%20Innovation.key?dl=0
Self-playing video of the presentation on Youtube: https://youtu.be/RfxjEaNHJqM
Similar to SIX Paymit solution - Disruptive Payment Solution for the Swiss market powered by ti&m (20)
\\ 15:50
|| Direktinvestition in Zweckgesellschaften digital abwickeln.
|| GmbH Anteile zu kommerziellen Immobilien ohne Fonds oder Aktien
|| über die eigene Homepage veräussern? In der Schweiz bereits möglich.
||
|| Dipl.-Ing. Walter Strametz, IMD MBA
|| Founding & Boardmember FIBREE.org, founder element36.io
//
\\ 16:10
|| Realest8: Die vollkommen digitale Immobilientransaktion
||
|| Dr. Thomas Seeber, Masci (Padova) LL.M. (Krems), Partner Kunz Wallentin RA
|| Assessor iuris Matthias Lichtenthaler, PMP, Head of Digital Transformation BRZ
//
\\ 15:30
|| Digitalisierung von Aktien auf der Blockchain
||
|| RA Dr. Thomas Kulnigg, Partner Schönherr Rechtsanwälte
|| RAA Dr. Zurab Simonishvill, Schönherr Rechtsanwälte
|| Ing. Daniel Horak MSc. MA, Managing Partner Sales & Marketing CONDA
//
\\ 14:25
|| Was ist Blockchain/wofür kann ich die Blockchain im Real Estate nutzen?
||
|| RA Mag. Markus Dörfler, LL.M.
|| Partner Höhne, In der Maur & Partner Rechtsanwälte
//
\\ 14:00
|| Blockchain Law 101 - Is the U.S. Open for Business?
||
|| Alexandra Levin Kramer, N Esq.
|| Partner Founding Chair, Blockchain Technology
|| & Digital Currency CKR Law LLP New York
//
\\ 9:25
|| Blockchain - Standortbestimmung zwischen Hype und Realität.
|| Erfolgsfaktoren am Weg in die dezentralisierte Zukunft.
||
|| Dr.iur Guenther Dobrauz-Saldapenna, MBA
|| Managing Partner PwC Legal Schweiz
//
Copyright/IP: Mag. Brigitte Luginbuehl // SwissrealCoin (CH)
CEO - Der Swissreal-Coin ist ein Crypto Token, der durch Schweizer Immobilien gesichert wird.
13 chromaway or perelman future of house salesWalter Strametz
Presentation from blockchain-real.net // blockchain-real.at (9th of March 2018, Graz, Austria)
Copyright/Property of: Or Perelman // Chromaway (Israel)
COO und Co-founder at ChromaWay, verwirklichte eine der bemerkenswertesten Immobilien Projekte auf der Blockchain
Title: Future house sales - using blockchain to sell houses in Sweden. Selected as 2018 world's top-10 real estate startups by Forbes!
The speakers provided the slides to the public and are shared in this LinkedIn Group: https://www.linkedin.com/groups/12087113
About Blockchain-REAL: Blockchain means revolution: What does blockchain technology - the operating system behind Bitcoin & Co, so to speak - for businesses and the real estate industry? The speculation hype around the cryptocurrencies obscures the view of a truly groundbreaking technology that is slowly but surely turning some things upside down. See what Blockchain can do on a day and decide for yourself how to use this technology.
Presentation from blockchain-real.net // blockchain-real.at (9th of March 2018, Graz, Austria)
Copyright/Property of: Prof. Dr. Michael Truebestein (CH/DE)
Professor für Immobilienmanagement, arbeitet am IFZ Zug Schweiz mit Blockchain-Spezialisten an neuen Formen der Immobilienfinanzierung
Title: Blockchain im Immobilienmanagement:
Hausverwaltung mit Blockchain neu organisiert
The speakers provided the slides to the public and are shared in this LinkedIn Group: https://www.linkedin.com/groups/12087113
About Blockchain-REAL: Blockchain means revolution: What does blockchain technology - the operating system behind Bitcoin & Co, so to speak - for businesses and the real estate industry? The speculation hype around the cryptocurrencies obscures the view of a truly groundbreaking technology that is slowly but surely turning some things upside down. See what Blockchain can do on a day and decide for yourself how to use this technology.
9 jedelsky blockchain in der immobilienwirtschaftWalter Strametz
Presentation from blockchain-real.net // blockchain-real.at (9th of March 2018, Graz, Austria)
Copyright/Property of: DI MBA Achim Jedelsky (DE)
Daimler Real Estate (DE), Advisor REIDAO
Title: Was Blockchain & Real Estate miteinander zu tun haben: Eine Überleitung von der Blockchain in die Welt der Immobilien inkl. Bericht über internationale Projekte
The speakers provided the slides to the public and are shared in this LinkedIn Group: https://www.linkedin.com/groups/12087113
About Blockchain-REAL: Blockchain means revolution: What does blockchain technology - the operating system behind Bitcoin & Co, so to speak - for businesses and the real estate industry? The speculation hype around the cryptocurrencies obscures the view of a truly groundbreaking technology that is slowly but surely turning some things upside down. See what Blockchain can do on a day and decide for yourself how to use this technology.
Presentation from blockchain-real.net // blockchain-real.at (9th of March 2018, Graz, Austria)
Copyright/Property of: Dr. Guenther Dobrauz-Saldapenna (CH/AT), Experte für rechtliche & regulatorische Fragen bei Blockchain-Lösungen, Partner und Leiter PwC Legal Schweiz
Title: Die Dynamik der Innovation und was staatliche Regulierung damit zu tun hat: ICOs, Cryptocurrencies und Tokenized Assets - Stand der Dinge und was zu erwarten ist
The speakers provided the slides to the public and are shared in this LinkedIn Group: https://www.linkedin.com/groups/12087113
About Blockchain-REAL: Blockchain means revolution: What does blockchain technology - the operating system behind Bitcoin & Co, so to speak - for businesses and the real estate industry? The speculation hype around the cryptocurrencies obscures the view of a truly groundbreaking technology that is slowly but surely turning some things upside down. See what Blockchain can do on a day and decide for yourself how to use this technology.
Presentation from blockchain-real.net // blockchain-real.at (9th of March 2018, Graz, Austria)
Copyright/Property of: Mag. Bibiane Kaufmann (AT)
Spezialistin für Konzessionsfragen der FMA und Teil der Kontaktstelle FinTech. Mitherausgeberin von "Crowdfunding & AltFG" (Manz-Verlag)
Title: Wer übernimmt die Aufsicht über die Blockchain? Regulierung und neue Technologien - und ein Einblick in FMA-Projekte von 2017
The speakers provided the slides to the public and are shared in this LinkedIn Group: https://www.linkedin.com/groups/12087113
About Blockchain-REAL: Blockchain means revolution: What does blockchain technology - the operating system behind Bitcoin & Co, so to speak - for businesses and the real estate industry? The speculation hype around the cryptocurrencies obscures the view of a truly groundbreaking technology that is slowly but surely turning some things upside down. See what Blockchain can do on a day and decide for yourself how to use this technology.
Presentation from blockchain-real.net // blockchain-real.at (9th of March 2019, Graz, Austria)
Copyright/Property of: DI Dr. Christian Baumann (AT)
Vorstandsvorsitzender AUSTRIAPRO, ein Thinktank der WKÖ, der die Blockchain-Technologie für die österreichische Wirtschaft vorantreibt .
Title: Blockchain Technologien: Konkrete Anwendungen für die heimische Wirtschaft.
The speakers provided the slides to the public and are shared in this LinkedIn Group: https://www.linkedin.com/groups/12087113
About Blockchain-REAL: Blockchain means revolution: What does blockchain technology - the operating system behind Bitcoin & Co, so to speak - for businesses and the real estate industry? The speculation hype around the cryptocurrencies obscures the view of a truly groundbreaking technology that is slowly but surely turning some things upside down. See what Blockchain can do on a day and decide for yourself how to use this technology.
We have implemented a solution for the OTC trade based on Ethereum and IPFS, covering the regulations of Mifid 2 and Finfrag. OTC is an abbreviation of Over-the-Counter (trading). It has always been an important pillar of activity for financial institutions. Bilateral OTC trading is attractive, because transactions can be kept more private than when trading via a market exchange (a central counterparty CPP), and there are less fees to be paid. We have set out to build a Blockchain-based Clearing and Settlement system that fixes the deficiencies of OTC trading, without scarifying the advantages. Blockchain technology is ideal to achieve this.
SIX Paymit solution - Disruptive Payment Solution for the Swiss market powered by ti&m
1. Seite 1
6. Juli 2015
Paymit – Swiss P2P Payment Solution
Thomas Landis
2. Seite
1
2
Trends and Digital Transformation
3
Regulatory aspects and other stumbling blocks4
In the next 50 Minutes
2
What is Paymit and why is it important for Swiss Banks?
Evolution in Swiss Payments Market
Outlook Paymit for Merchants5
3. Seite 3
A lot of trends that have not yet reached the necessary stage of
maturity today will have a medium to major impact in the future
4. Seite 4
A lot of trends that have not yet reached the necessary stage of
maturity today will have a medium to major impact in the future
“Begin to Plan” “Requires Attention”
“De-Prioritize” “Watch List”
Low High
Low
High
Impact
Polarity
Maturity Level
1 Market Consortiums Emerge
9
Mixed Views on
Mobile Proximity
4
P2P
Evolution
7 Developer
Communities
11
Shopping
Assistant Tools
10
Social
Payments
8
Virtual
Currencies
5
Expansion of Core Offering to
Other Payments
6 In-Person
Shopping Experiences
3
Emergence of
Cloud Solutions
12
MPOS
Revolution
2
NFC Success Driven by
Telco/Bank Relations
Timing
Impact Polarity
• Revenue / Cost
• Change to Ecosystem
• Change to Business Models
Maturity Level
• Awareness
• Usage / Penetration
Short Term (1-3 years)
Long Term (3+ years)
5. Seite 5
When we think about the future, we realize again and again that
we are entirely wrong when it comes to estimating time:
10 years10 years
"Went by quickly!" "Still so far off!"
The iPhone did not exist 10 years ago
Twitter was what a bird did
The cloud was up in the sky
4G was a parking space
LinkedIn was a prison
and Skype was a typo
6. Seite 6
The next 10 years will witness more changes in the payment
industry than in the last 30 years put together!
Information is forever
accessible at all times
• Digitalization of processes
• Digitalization of every-day
objects
• Products are “just” a piece of
software
• Everything is connected with
everything else
Globalization MobileDigitalization
Megatrend
The smartphone is
assuming an increasing
number of functions
Rollout software
products to the market
is cheap
New and at best
disruptive business
models
Megatrend Megatrend
New competitors from other
countries
• Clients expect innovations
that are already on the
market in the USA, Asia or
Africa
• Cultural differences are
being broken down
High-performance computers
are lying dormant in our
trouser pockets and handbags
• Smartphones accompany us
throughout the day
• 20,000 new apps per month
are added to the shelves of
the app store
• Wearables are becoming
increasingly important
8. Seite 8
What we did: Focused on most important, most mature trend
“Begin to Plan” “Requires Attention”
“De-Prioritize” “Watch List”
Low High
Low
High
Impact
Polarity
Maturity Level
1 Market Consortiums Emerge
9
Mixed Views on
Mobile Proximity
4
P2P
Evolution
7 Developer
Communities
11
Shopping
Assistant Tools
10
Social
Payments
8
Virtual
Currencies
5
Expansion of Core Offering to
Other Payments
6 In-Person
Shopping Experiences
3
Emergence of
Cloud Solutions
12
MPOS
Revolution
2
NFC Success Driven by
Telco/Bank Relations
Timing
Impact Polarity
• Revenue / Cost
• Change to Ecosystem
• Change to Business Models
Maturity Level
• Awareness
• Usage / Penetration
Short Term (1-3 years)
Long Term (3+ years)
9. Seite
1
2
Trends and Digital Transformation
3
Regulatory aspects and other stumbling blocks4
9
What is Paymit and why is it important for Swiss Banks?
Evolution in Swiss Payments Market
Outlook Paymit for Merchants5
10. Seite 10
Online
banking
2015/2016
WALLET
The merging of the online and offline worlds is transforming
the Swiss payment market
Payment evolution
1
0
E-commerce
Money
transfer
Mobile
banking
Micro
payments
Mobile
commerce
Mobile
POS
Enhanced
P2P
EMV /
magnetic
stripe
Mobile
coupons
Loyalty Contactless
Mobile
loyalty
Self-
checkout
Mobile
top up
In-store
apps
OnlineOffline
Source: MasterCard Advisors Analysis, images taken from publicly available sources
Status
Key trends
•Multi-functional devices (one-stop shop)
•Multiple application by user
•Merging of online and offline
11. Seite
1
2
Trends and Digital Transformation
3
Regulatory aspects and other stumbling blocks4
11
What is Paymit and why is it important for Swiss Banks?
Evolution in Swiss Payments Market
Outlook Paymit for Merchants5
12. Seite 12
Sender
Pay
mit
• Open Standard for all Banks
• Easy and fast payment method based on mobile devices from person to
person connected directly to your Bankaccount or Credit Card
• Swiss Mobile Phone Number as the Alias
• Instant available funds for the receiver to be used within the P2P system
Paymit: what is it?
Innovation at SIX Payment Services
Receiver
Swiss
Credit Card
Bank
Account
Fr.
Stored
Value
Stored
Value Bank
Account
Fr.
In 6 seconds
14. Seite 14
SIX offers the Swiss banks a standardized P2P solution
Stored
value
Directory
Swiss banks
Paymit main functions
Welcome Luca!
Send Request
Activities Settings
P2P
service
Paymit main functions
Welcome Luca!
Send Request
Activities Settings
P2P
service
It’s Swiss.
It’s safe.
It’s from your bank.
P2P
service
Paymit main functions
Welcome Luca!
Send Request
Activities Settings
Paymit main functions
Welcome Luca!
Change Profile
Send Request
History Withdraw
P2P
Service
15. Seite 15
Paymit after 1st Week
Total User: 11’262 User
(without advertising)
Growth per day +/- 1’000 User
18. Seite 18
Paymit after 1 Month
39’484 User (per 28.6.)
Growth per day +/- 2’000 User
32’939 Send Transactions
CHF 33.50 Avg. Trx.
Funding Kreditkarte CHF 34.62
Funding Bankkonto CHF 46.89
6’694 Money Requests
CHF 36.98 Avg. Request
19. Seite 19
High Transaction Periods
After Work Beer
Sharing Dinner Costs
Coffee Break
Sharing Lunch Costs
20. Seite
1
2
Trends and Digital Transformation
3
Regulatory aspects and other stumbling blocks4
20
What is Paymit and why is it important for Swiss Banks?
Evolution in Swiss Payments Market
Outlook Paymit for Merchants5
21. Seite 21
Highlights of the Solution
SIX
Bank
• Authentication and
authorization of the
user
• Processing of user
request
• Check user’s limits
• Fund transaction
• Transfer request to SIX
• Notification of the users
Switzerland
• Authentication and
authorization of the
bank
• Processing of request
• Check scheme limits
• Processing of credit
card funds
• Notification of the users
• Notification of the
banks
• Reporting
• Clearing
Luxembourg
• Account management
• Bookkeeping
• Balancing
• Reporting
22. Seite 22
Regulatory requirements
Sender
Paymit
• Two offers for full market coverage
- Integrated bank solution (SIX as processor)
- Stand-alone app for user/customers of banks that do not
yet participate
Receiver
Swiss
Credit Card
Bank
Account
CHF.
Stored
Value
Stored
Value Bank
Account
CHF.
• Payment to Swiss residents who have a Swiss
mobile phone number
• Sanction Screening for SIX-App: During
registration and on every update of sanction list
• Limits for SIX App: Max. turnover of CHF 5’000
per year, Max. balance of CHF 3’000
• Limits for all participants: number of
transactions, max. transaction amount, bank-
defined limits according to risk policies
24. Seite
1
2
Trends and Digital Transformation
3
Regulatory aspects and other stumbling blocks4
24
What is Paymit and why is it important for Swiss Banks?
Evolution in Swiss Payments Market
Outlook Paymit for Merchants5
26. Seite 26
P2P: from P2P to P2M
We aim to displace cash by
1. Simplifying P2P transactions together with Swiss Banks
2. Reducing investment and costs for cash and card transactions
3. Simplifying and leverage e-/m-commerce transactions for low value
payments < 12.50 CHF
4. Opening our P2P System to other payment providers with open API
5. Further displacing cash by bringing P2P to the EFTPOS Terminal
Sender Receiver
Swiss
Credit Card
Bank
Account
Fr.
Bank
Account
Fr.
SHOPPaymitStored
Value
Stored
Value
29. Consulting. Design. Agile Projects. Products. Innovation Hosting.
Paymit in the garage
Speed is the best remedy against
disruptive developments
Zürich 29. Juni 2015
Walter Strametz, CTO
30. ti&m AG and SIX group
ti&m innovation garage
Paymit solution
it is time to market!
06.07.2015 30
ti&m garage & Paymit – Agenda
31. ti&m – Our Offering
Individual full service for your digitization strategy.
CompetenceCenter
Java
Mobile
Microsoft
SAP
DWH/BI
CMS
Integration
Agile
Projects
Products Innovation
Hosting
System
Engineering
EAI / SOA
E- und M-
Commerce
ti&m channel suite
Der Benchmark
für Business-
Digitalisierung.
ti&m security suite
Next Generation
Authentisierung
und Access für das
digitalisierte
Business.
AM of mission
critical solutions
Cloud Service
Consulting &
Engineering
Software
as a Service
Consulting
Exploratives
Consulting
Business
Transformation
Design
Experience Design
Prototyping
Usability
Social Business
IT
Requirements
Engineering
Architektur
Reviews Projekt-
management
Umsetzungsorientiert,
unabhängig und
innovativ.
» Erfolg durch Innovation,
Agilität und techno-
logische Exzellenz.
Produkte, Beratung
und Kundenbeziehung
digitalisiert und sicher.
Das Schweizer Full
Service Center für Ihre
Innovationsprojekte.
Innovationen durch
Emotionen, Kreativität
und Einfachheit.
» » » »
Business
ProzesseSolutions
Digitalization
Agile Methoden
Social Content
Management
ti&m scrum / RUP
Start-up
Enabling
CMS Solutions
06.07.2015 31
32. ti&m knows SIX group, their systems, interfaces and organization well and has
thorough experience in working in the banking environment.
ti&m – developing SIX history
Innovation “garage” like Paymit
Contract work (e.g. SIX BDM, P2P, P2X)
Developing in SIX backend-systems
We are working also with numerous banks:
33. ti&m AG and SIX group
ti&m innovation garage
Paymit solution
it is time to market!
06.07.2015 33
ti&m garage & Paymit – Agenda
34. Do regulations, politics and
processes hold you back?
We offer space for your initiatives and help your idea to grow without borders.
Do you want to have place where your ideas
can prosper?
Do processes, systems and regulations hold
you back?
35. 06.07.2015 35
ti&m garage closes the innovation gap and turn their innovations into successful products!
ti&m garage – Closing the innovation gap1
or: when innovations become just a “good idea”
Ideate Select
Innovation
Gap
Development
Introduction
& Scale
Why innovation centers often fail: -
- Customers are lost on the transition
from the idea to the product.
- Existing Processes and silo thinking
create firewalls - the idea cannot
evolve.
- Unrealistic and untested assumptions
drive the idea – disappointments are
programmed.
Why the garage works:
- Takes the tools from “the left side” of
innovation, ideation into the development
phase
- Product is tested on the market as early as
possible – so are the assumptions.
- Integrated and co-located teams support
direct information flow – no slow processes.
- Time to market is key
1) Based «Bridging the Innovation Gap»
36. 06.07.2015 36
Be inspired by the ti&m innovation room and let your ideas grow by reducing to the maximum.
ti&m garage – the fuel for Speed
+ Design thinking
+ Agile Software Engineering
+ Excellent people
+ Vertical integration
ti&m garage
Ideas vs. hierarchies
Fast launches
Empowerment
Entrepreneurship
Time-boxed and Co-located @ ti&m Obtain products rapidly within
3
months
6
months
9
months
Innovation culture
37. 06.07.2015 37
The garage is the physical melting pot of innovation, iteration and market focus.
ti&m garage – Method overview
Backlog Tasks
Use time
blocker for
the tools
ti&m
garage
Empathize Artefacts & ceremonies:
- Ideation, e.g. Brainstorms
- Personas and Immersion
- Paper prototypes & wireframes
- Immersion, Interviews
- Gut Check
Fixed time block and budget, select tools you need that your product will pivot towards real needs.
Scale artefacts & ceremonies:
- Find first customers
- Measure success – data driven
decisions
- Business model and its assumptions
Product
& Pitch
38. 06.07.2015 38
ti&m garage focuses on the early visualization of the product and time to market
ti&m garage – What was the impact of the garage?
Front first
Mocking backend systems to move forward
Designer involved in the scrum team, short review after standup meeting
Co-location
We worked with short communication cycles – the product is the documentation
Minimal Viable Product
Do not hunt for the perfect solution which covers every scenario
No merchant integration
Different integration patterns
39. ti&m AG and SIX group
ti&m innovation garage
Paymit solution
it is time to market!
06.07.2015 39
ti&m garage & Paymit – Agenda
40. Consulting. Design. Agile Projects. Products. Innovation Hosting.
We have a
lift off!
06.07.201540
Next Steps:
• Network has to grow
• Followers can use
economies of scale
• Urgency is obvious
41. 06.07.2015 41
Releasing early catches market share, releases resources and reduces complexity.
Paymit – Integration patterns and saving through reuse (%)
Initiation
White
label
80 %
+
Onboar-
ding
60 %
1 2
“Loading” necessary
SIX virtual account
Integrated to SIX Paynet
Be part of the «Paymit cloud»
(Just change SIX logo)
Attached to bank account
integrated in bank
backend/middleware
or integrated with B-
Source/Swisscom
1 month
time-to-market
Full integration
~ +4 months time-to-market
2
Full
Integra
-tion
40 %
Integrated with security
Easy on boarding – no
repetition of personal
information
42. 06.07.2015 42
After white-label integration, continue iteratively, based on customer value, effort and risk.
Paymit – Partly and full integration pattern
existing
bank
Paymit
Integrator
Paymit
app
E-
banking
batch
REST
SOAP
White-label solution of SIX
1 months time-to-market
No integration with infrastructure
Client based on white label app
Security not integrated
security
existing
bank
Paymit
Integrator
Paymit
app
E-
banking
or app
batch
REST
SOAP
Onboarding integration
3 months time-to-market
Security Integration
Client onboarding integrated
Security integrated
Prospects can be included
security
existing
bank
Paymit
Integrator
Paymit
app
Mobile
banking
app REST
SOAP
Full integration
5 months time-to-market
Can be fully integrated in existing
channels
designed Paymit app
security
43. ti&m AG and SIX group
ti&m innovation garage
Paymit solution
it is time to market!
06.07.2015 43
ti&m garage & Paymit – Agenda
44. To be or not to be digital – Success stories
Social Banking B2B-Community
(Web & Smartphone) with approx. 8000 members
for Credit Suisse –
developed & hosted by ti&m.
9months
Innovation Corporate Cash Suite Innovation EamXchange
6months
Multibanking Cash Suite for Corporate Customers
Running on Desktops & Tablets.
Design, Frontend & Backend by ti&m.
Time-To-Market Customer Benefit Agile
45. 06.07.2015 45
To be or not to be digital– Innovation Responsive Portal
Time-To-Market Customer Benefit Agile
11months
One solution for Web 2.0 including all
mobile channels smartphones and
Tablets & Browser - OS independent.
46. 06.07.2015 46
To be or not to be digital – Innovation Mobiles Payment
Time-To-Market Customer Benefit Agile
4months
Design, Frontend and backend
integration by ti&m.
47. 5months
State of the Art Smartphone- & tablet
banking solution of BCV.
Frontend & backendintegration
by ti&m.
To be or not to be digital – Innovation BCV Smartphone & Tabletbanking
06.07.2015 47
Time-To-Market Customer Benefit Agile
48. 06.07.2015 48
6months
ti&m designed and provided
API and smartphone solution
to enable Sanitas with new
digital business models.
To be or not to be digital – Innovation Smartphone
Time-To-Market Customer Benefit Agile
49. Unsere Kunden und Partner – Branchenreferenzen (Auszug)
Unsere Kunden spüren und schätzen unser unternehmerisches Engagement.
06.07.2015 49
50. Weitere
Bundesamt für Informatik und
Telekommunikation (BIT)
Bundesamt für Landestopografie swisstopo
Eidgenössisches Departement für Wirtschaft,
Bildung und Forschung WBF
Novartis
Schweizerische Nationalbank
Unsere Kunden und Partner – Branchenreferenzen (Auszug)
Unsere Kunden spüren und schätzen unser unternehmerisches Engagement.
06.07.2015 50
51. Wir digitalisieren Ihr Unternehmen.
Consulting. Design. Agile Projects. Products. Innovation Hosting.
ti&m AG
Buckhauserstrasse 24
CH-8048 Zürich
Belpstrasse 39
CH-3007 Bern
Telefon +41 44 497 75 00
E-Mail info@ti8m.ch
Twitter @ti8m_ag
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www.ti8m.ch