The document discusses the development of fintech and its impact on traditional banking. It provides several case studies of fintech startups operating in areas like payments, lending, equity crowdfunding, and trade receivables. The second wave of fintech is growing quickly and banks are responding by either cooperating with fintech firms or developing modular offerings. The rest of the document focuses on Banxy, a new mobile-only bank launched by Natixis Algeria to provide a more accessible and convenient banking experience for customers.
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
Event: "#FinTech in Asia" - Slide Deck 2nd of February 2015CFTE
Slides used during the "FinTech in Asia" event organised by FinTech Circle and Hosted by Morrison & Foerster. Held in London on the 2nd of February 2015
Financial Technology is seen as a major disruptive force in banking but there are also examples where they are working together. Either way the banking business model will need to change profoundly.
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
Event: "#FinTech in Asia" - Slide Deck 2nd of February 2015CFTE
Slides used during the "FinTech in Asia" event organised by FinTech Circle and Hosted by Morrison & Foerster. Held in London on the 2nd of February 2015
Financial Technology is seen as a major disruptive force in banking but there are also examples where they are working together. Either way the banking business model will need to change profoundly.
Fintech overview for HEIG-VD lecture, December 2016Jérôme Vasamillet
Hello, I'd like to share a presentation I prepared for a lecture at the HEIG-VD engineering and management school in Switzerland, focusing on Fintech with a Global and Swiss overview. Being a long lecture in front of students in International Innovation Management, it looks at Fintech under various angles, and also presents the Startup Weekend Fintech Geneva which I co-organize, as a pre-Fintech startup experience. Hope you enjoy the pack! Jérôme.
It’s exciting times for Hong Kong. DLA Piper, KPMG and Thomson Reuters are pleased to be working with the Hong Kong Internet Finance Council (HKIFC) to help establish Hong Kong as a FinTech hub.
Hong Kong has right ingredients to become a global centre for FinTech innovation and growth.
FinTech is a disruptive, innovative and potentially massive game changer for the financial services industry. With government guidance and incentives, and strong commitment by major corporations and the community, Hong Kong has an opportunity to become a key player in this space.
The new report also discusses Hong Kong’s route to FinTech success and potential broader economic benefits.
A number of high-profile FinTech entrepreneurs in Hong Kong have participated and shared their insights in the report, including reasons for choosing Hong Kong as their headquarters.
A look inside the top 4 trends driving the FinTech industry today. How technology is impacting financial services and how they can benefit from advanced data analysis. Presented by Peter Huang, Director of Data at Beyondsoft.
General introduction to FinTech.
What you will learn by reading this presentation:
> What is FinTech
> Why it works
> Where it works
> How it might impact you
Looking forward to reading your comments
Demystifying FinTech - Webinar in cooperation with EmeritusRudolfFalat
From this recording of the live event, in cooperation with Emeritus, hosted by Rudolf Falat, founder of the Voice of FinTech podcast, you will learn:
DEMYSTIFY key terms and frameworks in Financial Technology (FinTech)
LEARN how to formulate and communicate key questions that can be addressed through the use of FinTech
HEAR real-world applications of FinTech through case studies
DISCOVER opportunities to advance FinTech skills
We are excited to share with you our thoughts on financial technology ecosystem in 2017 and 2018. Please feel free to reach out to us if you would like a more detailed report.
The Inclusive Fintech 50 applicant pool provides new insights into inclusion-focused fintech, itself a subset of the fintech universe. Early-stage inclusive fintechs are developing innovative products, services, business models, and distribution channels to provide solutions for underserved segments. Yet these startups require capital and other resources in order to reach the world’s 3 billion financially underserved people. By highlighting these high-potential companies, we hope to support the efforts of investors, banking partners, and other fintechs working towards a financially inclusive world.
https://runfrictionless.com/b2b-white-paper-service/
We are pleased to share our thoughts for Fintech in 2018 trying to cover AI to Insurance to ICOs. We hope you find them useful and feel free to share you're thoughts with us as well.
This is a presentation of the Sector Study of Financial Technology focusing on Digital Payments by Alexis Dogwe, Camille Eusebio, Maurice Gonzales, Leslee May Tandoc and Al Marie Tating as part of the requirements in the subject: Marketing and Commercialization of High Technology Products.
University of the Philippines, Technology Management Center
Beyond Banking: New Business Models for the Digital EraJessica Wilkinson
The banking and financial services industry is undergoing a period of unprecedented disruption, which is re-shaping the competitive landscape.
Criterium Group believes we’re experiencing a fundamental change in how people manage, save and spend their money –which means banks and credit unions will need to re-imagine how they deliver value to customers and members.
We’re experiencing a disintegration of the financial industry. But disruption is exciting, not scary. As our relationship with money evolves, there are endless opportunities to delight customers and deliver value. However, competing in a digital age takes a completely different approach.
Criterium Group has considered the changing landscape from a competitive, financial, technological and operational perspective to re-design the traditional banking business model to win in a digital world.
The wealth management industry is entering a period of significant disruption, with robo-advice at the heart of this disruption. Digital, automated advice will likely become a standard expectation for the mass-affluent and mass-market segments. But big data and advanced analytics have the potential to dramatically expand the scope of roboadvice, incorporating financial planning into broader retirement, health, and wellbeing, and enabling quasi institutional research, which could then impact all investor segments. All wealth management firms should take notice. Read more: http://www2.deloitte.com/us/en/pages/consulting/articles/robo-advisors-capitalizing-on-growing-opportunity.html
Investing in fintech: Trends in financial technology for investors and entrep...OurCrowd
Join Zack Miller, Head of the Investor Community at OurCrowd, and Mick Weinstein, VP of Marketing at BIllGuard for an in depth discussion of the recent trends and opportunities in the dynamic financial technology industry. Zack and Mick have both helped build some of the top companies in the space including Seeking Alpha, Covestor, OurCrowd, BillGuard, Lending Club, SigFig and more.
Join us to learn about:
How top investors and entrepreneurs think about the entire fintech ecosystem, from online asset management, to financial content, to consumer finance apps, and crowdfunding.
Which business models are taking hold and their future prospects.
The challenges and opportunities for investing and building a valuable company in the financial space.
How the COVID-19 pandemic will accelerate digital financial services.Benjamin Ensor
We are living through the worst public health crisis in a century.
The travel bans, physical distancing and lockdown measures necessary to control the coronavirus pandemic have shut down normal life and, with it, entire sectors of the world’s economies. That has triggered massive economic consequences and a deep global recession that threatens to overwhelm many companies and households.
The short-, medium- and long-term consequences for the financial services industry are severe.
My colleague Sarah Kocianski and I, and the team at 11:FS, have assessed how banks, investment management firms and insurance companies are going to be affected, and what their leaders can do about it.
Survival depends on evolution.
Rapid change will create opportunity for fast-moving digital businesses.
(Almost) everything you need to know to start in FintechSophie Guibaud
This workshop will provide readers with a global overview of the Fintech world, market dynamics and how London has managed to become a leading Fintech hub. They will learn about the various business models that fall under the Fintech umbrella (Payments, Money transfer, Crowdfunding, Lending, Data & Analytics) and also discuss new banking models that are trying to inspire and shape the bank of the future.
Fintech o2o digital hybrid finance presentation by Grow VC GroupGrow VC Group
Digital hybrid finance presentation for fintech online-to-offline conference in Hong Kong - how the traditional finance can cooperate with and utilize fintech and digital finance.
In order to develop a fact-based perspective, The Economist Intelligence Unit (EIU), sponsored by Hewlett Packard Enterprise, has conducted parallel surveys of more than 100 senior bankers and 100 Fintech executives. The objective is to determine their respective views on the impact of Fintech, the strengths and weaknesses of the participants and the likely landscape for the retail banking industry over the next five years.
Fintech overview for HEIG-VD lecture, December 2016Jérôme Vasamillet
Hello, I'd like to share a presentation I prepared for a lecture at the HEIG-VD engineering and management school in Switzerland, focusing on Fintech with a Global and Swiss overview. Being a long lecture in front of students in International Innovation Management, it looks at Fintech under various angles, and also presents the Startup Weekend Fintech Geneva which I co-organize, as a pre-Fintech startup experience. Hope you enjoy the pack! Jérôme.
It’s exciting times for Hong Kong. DLA Piper, KPMG and Thomson Reuters are pleased to be working with the Hong Kong Internet Finance Council (HKIFC) to help establish Hong Kong as a FinTech hub.
Hong Kong has right ingredients to become a global centre for FinTech innovation and growth.
FinTech is a disruptive, innovative and potentially massive game changer for the financial services industry. With government guidance and incentives, and strong commitment by major corporations and the community, Hong Kong has an opportunity to become a key player in this space.
The new report also discusses Hong Kong’s route to FinTech success and potential broader economic benefits.
A number of high-profile FinTech entrepreneurs in Hong Kong have participated and shared their insights in the report, including reasons for choosing Hong Kong as their headquarters.
A look inside the top 4 trends driving the FinTech industry today. How technology is impacting financial services and how they can benefit from advanced data analysis. Presented by Peter Huang, Director of Data at Beyondsoft.
General introduction to FinTech.
What you will learn by reading this presentation:
> What is FinTech
> Why it works
> Where it works
> How it might impact you
Looking forward to reading your comments
Demystifying FinTech - Webinar in cooperation with EmeritusRudolfFalat
From this recording of the live event, in cooperation with Emeritus, hosted by Rudolf Falat, founder of the Voice of FinTech podcast, you will learn:
DEMYSTIFY key terms and frameworks in Financial Technology (FinTech)
LEARN how to formulate and communicate key questions that can be addressed through the use of FinTech
HEAR real-world applications of FinTech through case studies
DISCOVER opportunities to advance FinTech skills
We are excited to share with you our thoughts on financial technology ecosystem in 2017 and 2018. Please feel free to reach out to us if you would like a more detailed report.
The Inclusive Fintech 50 applicant pool provides new insights into inclusion-focused fintech, itself a subset of the fintech universe. Early-stage inclusive fintechs are developing innovative products, services, business models, and distribution channels to provide solutions for underserved segments. Yet these startups require capital and other resources in order to reach the world’s 3 billion financially underserved people. By highlighting these high-potential companies, we hope to support the efforts of investors, banking partners, and other fintechs working towards a financially inclusive world.
https://runfrictionless.com/b2b-white-paper-service/
We are pleased to share our thoughts for Fintech in 2018 trying to cover AI to Insurance to ICOs. We hope you find them useful and feel free to share you're thoughts with us as well.
This is a presentation of the Sector Study of Financial Technology focusing on Digital Payments by Alexis Dogwe, Camille Eusebio, Maurice Gonzales, Leslee May Tandoc and Al Marie Tating as part of the requirements in the subject: Marketing and Commercialization of High Technology Products.
University of the Philippines, Technology Management Center
Beyond Banking: New Business Models for the Digital EraJessica Wilkinson
The banking and financial services industry is undergoing a period of unprecedented disruption, which is re-shaping the competitive landscape.
Criterium Group believes we’re experiencing a fundamental change in how people manage, save and spend their money –which means banks and credit unions will need to re-imagine how they deliver value to customers and members.
We’re experiencing a disintegration of the financial industry. But disruption is exciting, not scary. As our relationship with money evolves, there are endless opportunities to delight customers and deliver value. However, competing in a digital age takes a completely different approach.
Criterium Group has considered the changing landscape from a competitive, financial, technological and operational perspective to re-design the traditional banking business model to win in a digital world.
The wealth management industry is entering a period of significant disruption, with robo-advice at the heart of this disruption. Digital, automated advice will likely become a standard expectation for the mass-affluent and mass-market segments. But big data and advanced analytics have the potential to dramatically expand the scope of roboadvice, incorporating financial planning into broader retirement, health, and wellbeing, and enabling quasi institutional research, which could then impact all investor segments. All wealth management firms should take notice. Read more: http://www2.deloitte.com/us/en/pages/consulting/articles/robo-advisors-capitalizing-on-growing-opportunity.html
Investing in fintech: Trends in financial technology for investors and entrep...OurCrowd
Join Zack Miller, Head of the Investor Community at OurCrowd, and Mick Weinstein, VP of Marketing at BIllGuard for an in depth discussion of the recent trends and opportunities in the dynamic financial technology industry. Zack and Mick have both helped build some of the top companies in the space including Seeking Alpha, Covestor, OurCrowd, BillGuard, Lending Club, SigFig and more.
Join us to learn about:
How top investors and entrepreneurs think about the entire fintech ecosystem, from online asset management, to financial content, to consumer finance apps, and crowdfunding.
Which business models are taking hold and their future prospects.
The challenges and opportunities for investing and building a valuable company in the financial space.
How the COVID-19 pandemic will accelerate digital financial services.Benjamin Ensor
We are living through the worst public health crisis in a century.
The travel bans, physical distancing and lockdown measures necessary to control the coronavirus pandemic have shut down normal life and, with it, entire sectors of the world’s economies. That has triggered massive economic consequences and a deep global recession that threatens to overwhelm many companies and households.
The short-, medium- and long-term consequences for the financial services industry are severe.
My colleague Sarah Kocianski and I, and the team at 11:FS, have assessed how banks, investment management firms and insurance companies are going to be affected, and what their leaders can do about it.
Survival depends on evolution.
Rapid change will create opportunity for fast-moving digital businesses.
(Almost) everything you need to know to start in FintechSophie Guibaud
This workshop will provide readers with a global overview of the Fintech world, market dynamics and how London has managed to become a leading Fintech hub. They will learn about the various business models that fall under the Fintech umbrella (Payments, Money transfer, Crowdfunding, Lending, Data & Analytics) and also discuss new banking models that are trying to inspire and shape the bank of the future.
Fintech o2o digital hybrid finance presentation by Grow VC GroupGrow VC Group
Digital hybrid finance presentation for fintech online-to-offline conference in Hong Kong - how the traditional finance can cooperate with and utilize fintech and digital finance.
In order to develop a fact-based perspective, The Economist Intelligence Unit (EIU), sponsored by Hewlett Packard Enterprise, has conducted parallel surveys of more than 100 senior bankers and 100 Fintech executives. The objective is to determine their respective views on the impact of Fintech, the strengths and weaknesses of the participants and the likely landscape for the retail banking industry over the next five years.
Accelerating the change: London FinTech 2015-2016 Trend ReportStartupbootcamp
This report highlights the most important trends of 2015 within the FinTech space and looks forward to what we can expect to see in 2016. As more startups enter the market there is increasing need to understand this shift and monitor what is happening.
IMAP Fintech Sector Leaders share insights into the global Fintech sector.
They look at the short- and long-term effects of the COVID pandemic and which subsectors stand to lose and who ultimately stands to benefit. Sharing their thoughts on key themes disrupting the sector, including payments, digitalization, lending and mobile, they examine
how these have been impacting M&A activity and valuations.
They provide an overview of the most active players, as well as expectations for this key sector moving forward.
Fintech - Lending Platforms: Company Presentation by Frederic Nze, Founder & CEO of Oakam at the NOAH Conference 2018 in London, Old Billingsgate 30-31 October 2018.
Diving deep into literally millions of interactions and conversations with different networks such as Facebook, Twitter and Instagram, blogs, forums and news sites in order to bring you analytical info about how social media affects different sectors like:Sharing Economy, Banking and Finance, Ecommerce, Telecom and Fintech.
WealthTech Views: Looking into 2021 from William Rouse, Contemi SolutionsContemi Solutions
WealthTech Views Report: Looking into 2021, created by the Wealth Mosaic, provides insights and intelligence from technology thought leaders from across the globe on the main technology trends in wealth management they expect to see in the year ahead.
Contemi's Business Development Director, William Rouse, shared his insights into the challenges, opportunities and industry talking points for 2021.
This presentation by Miguel de la MANO, Executive Vice President of Compass Lexecon, was made during the discussion “Co-operation between Competition Agencies and Regulators in the Financial Sector: 10 years on from the Financial Crisis” held at the 64th meeting of the OECD Working Party No. 2 on Competition and Regulation on 4 December 2017. More papers and presentations on the topic can be found out at oe.cd/284.
Fintech M&A: From threat to opportunityWhite & Case
Fintech has evolved from being a disruptive threat to a major
opportunity for financial institutions. The possibilities for
dealmaking and M&A are almost limitless.
Solving Financial Constraints with Innovative Funding SolutionGilbert Tam 譚耀宗
After the credit crunch in 2008, SMEs though they are amounted to the 80-90% of business activites but their access to funding has been greatly impacted by the traditional lenders, banks, that after the 2008 credit cruch are reluctant to maintain such business if no "bricks and mortar" are provided by sellers.
2021: The second wave of Fintech Disruption: Trends to watch outIndusNetMarketing
2020 has been a global shock for the world but it has also been a reason for digital adoption. The financial sector is evolving with time and 2021 will visualise many new disruptive trends that are going to shape the future of financial services.
Similar to The Finance, The Digital & The Society - Smart Cities Summit 2018 - Algiers (20)
Builder.ai Founder Sachin Dev Duggal's Strategic Approach to Create an Innova...Ramesh Iyer
In today's fast-changing business world, Companies that adapt and embrace new ideas often need help to keep up with the competition. However, fostering a culture of innovation takes much work. It takes vision, leadership and willingness to take risks in the right proportion. Sachin Dev Duggal, co-founder of Builder.ai, has perfected the art of this balance, creating a company culture where creativity and growth are nurtured at each stage.
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Securing your Kubernetes cluster_ a step-by-step guide to success !KatiaHIMEUR1
Today, after several years of existence, an extremely active community and an ultra-dynamic ecosystem, Kubernetes has established itself as the de facto standard in container orchestration. Thanks to a wide range of managed services, it has never been so easy to set up a ready-to-use Kubernetes cluster.
However, this ease of use means that the subject of security in Kubernetes is often left for later, or even neglected. This exposes companies to significant risks.
In this talk, I'll show you step-by-step how to secure your Kubernetes cluster for greater peace of mind and reliability.
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Tobias Schneck
As AI technology is pushing into IT I was wondering myself, as an “infrastructure container kubernetes guy”, how get this fancy AI technology get managed from an infrastructure operational view? Is it possible to apply our lovely cloud native principals as well? What benefit’s both technologies could bring to each other?
Let me take this questions and provide you a short journey through existing deployment models and use cases for AI software. On practical examples, we discuss what cloud/on-premise strategy we may need for applying it to our own infrastructure to get it to work from an enterprise perspective. I want to give an overview about infrastructure requirements and technologies, what could be beneficial or limiting your AI use cases in an enterprise environment. An interactive Demo will give you some insides, what approaches I got already working for real.
Essentials of Automations: Optimizing FME Workflows with ParametersSafe Software
Are you looking to streamline your workflows and boost your projects’ efficiency? Do you find yourself searching for ways to add flexibility and control over your FME workflows? If so, you’re in the right place.
Join us for an insightful dive into the world of FME parameters, a critical element in optimizing workflow efficiency. This webinar marks the beginning of our three-part “Essentials of Automation” series. This first webinar is designed to equip you with the knowledge and skills to utilize parameters effectively: enhancing the flexibility, maintainability, and user control of your FME projects.
Here’s what you’ll gain:
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- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
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We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
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Your campaign sent to target colleagues for approval
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And...
Speakers:
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Charlie Greenberg, Host
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Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
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The Finance, The Digital & The Society - Smart Cities Summit 2018 - Algiers
1. THE FINANCE, THE
DIGITAL & THE
SOCIETY
Boris JOSEPH
CEO NATIXIS ALGERIA
28/06/2018
ALGIERS'S SMART CITY
2. 2
75% of today's
S&P 500 companies may
be replaced by 2027
47% of US Jobs
at risk due to
computerisation
Change is the only constant
Sources : Roland Berger, Frey & Osborn - 2013
3. Will 1990’s predictions will come true?
3
Internet banking and declining use of cash and cheques render the standard banking
model obsolete.
The value of branch networks will collapse and banks will be unable to compete with
new players enjoying far lower operating costs.
1990 - The disintermediation of banks
1990 / 2007 - The contrary happened
Use of computer ability to develop sophisticated products, high frequency trading, High
profits, …
Since 2007 - The prediction shows signs of coming true…somehow
Regulation Technology Generation
4. 4
Fintech 1.0 – The first wave mostly hit
payment transactions
Start-ups were targeting only 6% of banking revenues
Sources : MacKinsey
CIB Business was largely
spared by this first wave
Start-ups were targeting retail-banking which account for
52 percent of total industry revenues
5. 5
Fintech 1.0 – Where are they heading ?
Fintech are looking for any opportunities with high return and avoid capital intensive
areas offering poor returns
Sources : Panorama
Banks offer basic and low
cost sticky services
allowing them to earn
attractive margins in
other areas, including
investment management,
credit-card fees, or
foreign-exchange
transactions
59 percent of the banks
earnings flow come from
pure fee products, such
as advice, payments,
origination or sales
6. 6
Fintech 1.0 – Paymium Case study
Trading platform for Bitcoin
Sources : Atlantico
Gonzague Grandval : “
Paymium meets two
needs : how to buy and
sell Bitcoins ? And how to
accept payment in Bitcoin
and convert it immediately
in Euro ? “
Pierre Noizat : “ We intend to increase our
trade volume by five by end of 2016. In
addition, the interest of Blockchain
technology, on which Bitcoin grows, is now
widely recognized by the banking sector.
This paves the way to new applications in
the field of digital trust and payments “
Bitcoin
7. 7
Fintech 1.0 – Tagattitude Case study
Financial services via any mobile – bank’s friendly
Yves Eonnet : “In 2005 I co-founded TagPay to develop contactless mobile payment
technology. TagPay is now a complete digital core banking system, centered around
the mobile phone. With TagPay, banks become universal hubs of digital financial
services. TagPay powers financial services in over 25 countries.”
Payment
2005 : creation - 20 people – work mainly
in emerging countries (Africa) – address
the excluded of banking system (M-
payment, transfert, invoice, …)
To shop, the client enters the trader’s
number on his mobile and places the
two mobile face to face. The client
receives a call from the platform which
is listened (the audio code) by the
trader’s phone (NSDT tech). If both
devices have the same information, the
payment is done.
8. 8
Fintech 1.0 – Prêt d’Union Case study
Multi Lending platform between private and corporates
Crowd Lending
sector and believing to fully understands it,
he realizes few months later that his credit
rate is in fact 14%, and that he has submitted
revolving credit. Moreover, looking at his
financial statements, he notes that the
savings he had placed in the bank was paid
less than 3% per year, without any proportion
with the credit rate that was then subscribed.
Younited CREDIT project was born
No LIMIT ! Make it SIMPLE ! INNOVATE or
die ! FASTER is better ! Act as an
ENTREPRENEUR !
September 2008:
Charles Egly makes an
appointment in his bank
to take out a consumer
loan of € 6,000 in order
to pay his taxes. While
working for 7 years in
the banking
9. 9
Fintech 1.0 – Lendosphere Case study
A platform only dedicated to sustainable development projects
Laure Verhaeghe : For me, creating
Lendosphère was obvious. Indeed,
sustainable development and
crowdfunding carry values of
transparency. I am convinced that to
raise awareness, concerns about our
health and money are both crucial
Amaury Blais : Engineer, he
worked for 5 years as an analyst
in various institutions in the
banking sector (Natixis, BNP
Paribas,...). He then joined the
collaborative economy and web.
Crowd Lending
2014 : Creation - 2 people
- Rate : 3,3% to 10 %
- 1 to 5 years
- Project size : 10K€ to
250k€
- Mainstream : energy (wind,
solar)
- Investment between 50 to
10k€
- Projet providers : EDF
énergies nouvelles,
Valorem, Innovent, Abo
wind
10. 10
Fintech 1.0 – Eos Venture Case study
A small among the majors
Stéphane LUBIARZ :
“We chose to launch this new type of business in Europe with one goal in mind: To help our
economy grow. Europe has many talented SMEs looking to develop, but they often
encounter difficulties financing their growth. At the same time, we are witnessing a real
evolution in investment habits, where private individuals now look to invest directly in a
company using online crowdfunding portals. Some may see this as a disruption in the
finance world. We see it as the future: A fully collaborative financing market for everyone”
Crowd Equity
2012 : Creation - 11
people – with its ACPR
agreement, it allows :
1 - fund raising above 1
M€ to SME
2 – Secondary market
3 – European market
access
4 – open source with
other platform
11. 11
Fintech 1.0 – FinexKap Case study
A very efficient trade receivable platform
Treasury
2012
Creation
4 people
Cédric Teissier (ex-
Debevoise&Plimpton) and
Arthur de Catheu (ex-Ardian) -
The idea is to connect together
institutional investors and
companies through an electronic
platform.
12. 12
Fintech 1.0 – Alphametry Case study
A market place connecting Fund Managers with best world experts
- Economic and regulatory changes challenge Equity
research
- Alphametry creates connections in the professional
investment community
- It makes equity research easier to use, open up new
sources of expertise for asset managers, and generate
more business possibilities for research contributors
- The web-based marketplace covers 35000 stocks,
ETFs and futures traded on 45 equity exchanges
worldwide
Advisory
13. 13
Fintech 2.0 – The second wave, grow
quickly or die
A spirit of cooperation between fintechs and incumbents is developing
1 Defined in terms of the extent to which competitive dynamics are likely to change in that segment
2 Based on Oliver Wyman analysis of major European markets; split varies considerably on a country-by-country basis
14. 14
Fintech – In CIB, Cooperation is currently the main
trend
Sources : Panorama Fintech
1 ex: treasury services to corporate-banking clients
The trend toward B2B is most pronounced in CIB which accounts for 15
percent of all fintech activity across markets
15. 15
Fintech – Positionning on the CIB value chain
Key value
proposition of
new
entrants
§ Time to market (e.g. within days)
§ Highly responsive to client demands
(e.g. within minutes)
§ Services based on latest technology
§ Disintermediating middleman
§ Fees down between 50% to 90%
Limits of
existing
new entrant
offering
§ Startup, not institutional yet,
capital limitation, many will not
survive
§ Niche positioning i.e. client
accesses by segments, breadth
of product offering
§ Regulatory constraints to be
anticipated
16. 16
Industries – Focused on B2C mass markets
Customer needs
understanding
GAFA - Energy provider - Telecom - Media giants – Distribution
Large and loyal
customer base
§ Large customer base
§ Large geographical footprints
§ High frequency transaction
(data analytics)
Financial power
Strong regulatory
advantage
§ Pre-existing competence in financial
services
§ Long and short term resources access
§ low capital and liquidity
requirement
€
17. 17
First wave GAFA MMFElectronic wallet 500 Micro
credit
Licaitong -
700
Industries – Already on the move
Baifa - 65
18. In the course of history, Markets withstanded and
adapted to major crisis and structural changes
18
?
Elaborate Mortgage-related securities
designed to reduce risk encouraged
investors to pile into American
housing market, which then crashed.
Subprime
2008
Debts of European countries reach an
unbearable burden. Greek default
shows CDS unprotective role. PIGS
fall erase risk free concept.
EU Crisis
2011
Shares in telecoms and internet
boomed amid euphoria over the
wonders of the web. Eventually
investors spotted the lack of profits.
19. 2009 – Implementation of post crisis reforms in the
area of financial regulation
19
Shield the financial sector (FS) from all
subsequent crises, whatever their
origin
Correct critical weaknesses in the
regulation approach (the “light touch”
philosophy)
End the « too big to fail » approach
Need to take account of other financial
sectors: Insurance companies, Asset
managers, Shadow Banking
A more intensive and intrusive
supervision with a specific policy
framework for the G-SIFI’s
Effective cross-border bank
resolution plans
Domestic structural separation plans
(France/Germany/UK)
These actors’ potential threats to FS
stability have to be reduced
Deficiencies The Answers
Basel III: the core regulatory
response (CRD IV in Europe):
strengthen capital and liquidity
regulation
I
2
3
4
21. 21
Corporate banking value chain
3 Model Archetypes
END-TO-END PROVIDER BANK-LED MODULAR OFFERING PARTNER-LED MODULAR OFFERING
Sources Oliver Wyman
22. 22
Bank led modular offering - FIDOR Germany
FIDOR is German, a mobile only neo-bank
Fidor has built its own core platform
and has created a series of APIs to
generate an open architecture
modular bank offering
It has experienced strong early-
stage popularity linked to the
strength of its “community
offering”, strong marketing and
involvement in social media
The loyal, although small customer
base has permitted expansion,
leveraging the open architecture
modular bank set-up to offer
multiple different financial services
offerings, including
– Crowdfinancing
– Social Trading (Inc. Commo)
– Savings bonds
Sources Oliver Wyman
25. CREATION OF A MODERN
AND ROBUST ARCHITECTURE
l
IMPLEMENTATION OF
SECURITY MEASURES IN THE
APPLICATION
l
SUCCESSFUL PEN TESTS
ACHIEVED
QUANTITATIVE AND
QUALITATIVE MARKET
SURVEY THROUGHOUT THE
PROJECT
l
CO DESIGN WITH THE
CLIENTS
l
PERMANENT TESTING TO
IMPROVE THE USER
EXPERIENCE
AN INNOVATIVE SOLUTION WITH MULTIPLE
REQUIREMENTS
Co-construction
with the client
Security, our
priority
1.2
ALGERIAN CENTRAL BANK
AGREEMENTS OBTAINED FOR
ALL FEATURES, INCLUDING
ONLINE ONBOARDING
l
CLIENT DATA PROTECTION
Be full
compliante
25
26. % OF INTERNET ACCESS BETWEEN 2007 AND 2015
1.3
0
10
20
30
40
50
60
70
80
90
Algérie Maroc Tunisie France
% of internet access between 2007 and 2015
0
10
20
30
40
50
60
Algérie Maroc Tunisie
% of 3G between 2007 and 2015% OF 3G BETWEEN 2007 AND 2015
Marketevolution
Market
opportunities
The market survey reveals that:
Mostly, customers need to move in their branch to make
a transfer, to withdraw money. It reveals also that
“Security and physical access to a bank” branch are the
main expectations of the users.
• The customers have are eager for digital services
(eg online administrative documents)
• Encouragement of the supervisory authorities for
"innovative" solutions
Why did we launched a mobile bank?
26
27. A MOBILE BANK BUILT ON THE BASIS OF CUSTOMER
NEEDS
The response: Banxy a mobile Bank as
a new banking experience for users
Accessible from a smartphone which will
allow the user to open an account
without moving, order transfers and
manage CIB card and checkbook. This
bank will make you move as little as
possible in a bank branch while providing
a customer support center.
Expectations expressed …
l "Why do you say it's hard to get to your
bank? "
Réponses:
„ "I don’t have time, Schedules are not
suitable »
„ Parking issues : "It's hard to find
parking"
„ Proximity: "Far from my place of work
/ home"
1.5
27
28. BANXY, A MOBILE BANK THAT’S
STILL EVOLVING
ACCESSIBILITY
ADVICING
Permanent user
support
Call Center
6/7
08h30 à 20h30
Immediate support of
user’s requests
Real time operations
Simplicity of the
user experience
without having to
move to a branch
An available bank on
smartphone
7/7 et 24/24
Natixis Algeria
branches remain
at the disposal of
Banxy users
PRATICALY
Custumized support
delivered to the user
Expertise on banking
offers
BANXY ... OUR VALUE PROPOSITION FOR OUR USERS
28