Presentation to the Cass business school as part of their #unbundlingbanks discussion, looking at the impact of opening APIs (XS2A) and the potential for FinTech startups to work with banks.

1. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
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10/04/2015
The Impact of FinTech Startups
On European Banking
April 2015

2. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
David G.W. Birch
Director of Innovation at Consult Hyperion, the secure electronic
transactions consultancy;
An internationally-recognised thought leader in digital identity and
digital money;
Named in Wired magazine’s global top 15 favourite sources of
business information;
Rated one of the NextBank “Fintech Titans”;
Voted one of the European “Power 50” people in
digital financial services;
Ranked Europe’s most influential commentator on
emerging payments.
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3. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
Consult Hyperion
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4. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
Technology Innovation in Banking
As the author of Neuromancer William Gibson says, the future is already here, just unevenly
distributed…
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5. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
European Bank Revenues 2014
Let’s start with the basics: where does the money come from now?
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Source: Deutsche Bank (3/15)

6. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
Threats to Bank Revenues
Technology means unbundling. The FinTech assault on all services, but which attackers matter?
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Source: CB Insights (2/15)

7. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
What is at Risk?
From current financial services perspective, it is net interest income at risk from FinTech
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Source: Goldman Sachs (3/15)

8. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
Risks may be Greater
Do we need universal banks? (FT, 3/15). Do we need banks at all (FW, 1/15).
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Source: Goldman Sachs (3/15)

9. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
Banking as a Platform
But we are moving into a new era, where non-bank FinTech can have wider impact
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Hhhmm… thinks…
non-regulated and
non-payments APIs?
Identity!

10. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
A Window? Fidor Bank
The Fidor bank “operating system”
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11. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
Case Study: UK retail A2A Zapp
Mobile-initiated A2A via FPS to be launched in the UK 2014
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12. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
Case Study: MyBank
Six countries
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Impact? “Amazonisation”
Banks will need to focus on the areas that offer opportunities for sustained advantage
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14. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
The Destination?
retail banking will be a line or two of code in a big network
John Reed when CEO of Citicorp
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15. www.chyp.comCass Business School: Unbundling the Bank (April 2015)
Contact
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