Presentation made on November 27th 2019 at TRUSTECH by Gregoire Toussaint – Director at Edgar, Dunn & Company
Contents: Grégoire Toussaint, Director at Edgar, Dunn & Company (EDC), global strategy consultancy specialised in payments analysed key payment trends and presented EDC’s report on Fintech describing the impact of Fintech on the payment value chain.
Bank challengers in Europe keep growing very fast. Only the eight major players*, including Revolut, N26, TransferWise, Monzo, Monese, Starling, Curve, and Tandem served nearly 27 million customers as of the end of 2019. In fact, their number of clients has increased exponentially as the figure doubled every year since 2016. Considering current trends, it can be expected that the selected group of bank challengers will get over 50 million clients by 2021. And, this is only a part of the broader market since there are dozens of other players across Europe already operating or planning a launch.
Bank challengers in Europe keep growing very fast. Only the eight major players*, including Revolut, N26, TransferWise, Monzo, Monese, Starling, Curve, and Tandem served nearly 27 million customers as of the end of 2019. In fact, their number of clients has increased exponentially as the figure doubled every year since 2016. Considering current trends, it can be expected that the selected group of bank challengers will get over 50 million clients by 2021. And, this is only a part of the broader market since there are dozens of other players across Europe already operating or planning a launch.
The Trivago of Payments - Payments Optimiser Engine, currently front runner for Singapore Deep Tech Alliance SDTA winner. See: https://www.digitalnewsasia.com/business/singapore-deep-tech-alliance-announces-xnode-powered-venture-builder
My slide deck on VC investment in the blockchain and cryptocurrency space globally, recent regulatory developments in Southeast Asia, and a summary of enterprise-grade blockchain solutions launched in Thailand. Presented 26 April 2019 at the Fintech on the Block networking night and fireside chat in Bangkok hosted by Bitkub. Many thanks to Vasharada Lapcharoen of Digital Ventures, who did much of the research and created many of the slides.
Paymaster App is a growing fintech in Sri lanka and it is a fully owned subsidiary of Firstpay Pte Ltd. Showing promising growth this fintech is looking at changing the way average sri lankans approach mobile recharge and other routine payments
Digital Innovation Digest by Initio. Special focus on Belgium and Digital Pan European ID.
Swoon is coming in Belgium
ITSME has won 40% of Belgian
Private Bank DELEN take over fintech Swanest
apidays LIVE LONDON - Revitalising the core with Banking-as-a-Service by Nige...apidays
apidays LIVE LONDON - The Road to Embedded Finance, Banking and Insurance with APIs
Revitalising the core with Banking-as-a-Service
Nigel Verdon, CEO of Railsbank
The Evolution of Fintech And What it Means for AdvertisersMSFTAdvertising
SLIDE 1
The Evolution of Fintech And What it Means for Advertisers
By Phil Jones, Analytical Lead - Finance & Insurance
SLIDE 2
2012 was the peak year for Fintech companies founded.
2012 - 281 Fintech companies founded
2014 - surge of Deposits & Lending companies founded
2017 - 10 companies founded
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/financial-services/us-dcfs-fintech-by-the-numbers-web.pdf
SLIDE 3
Investment peak in 2016, driven by Deposits & Lending
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/financial-services/us-dcfs-fintech-by-the-numbers-web.pdf
SLIDE 4
Will ‘open banking’ shake things up further?
-Forced 9 of the biggest banks to release their data in a secure, standardised form
-Rich data on spending and borrowing can thus be shared with third parties, who can then use the data to create new products
-Consumers can access multiple accounts from competitor banks within one single interface
SLIDE 5
The regulation generated a lot of press…
SLIDE 6
...Which contributed to an increase in searches.
SLIDE 7
Young + Males over-index for Fintech searches.
SLIDE 8
There are more searches on mobile than traditional banking
SLIDE 9
TransferWise & Monzo are the biggest and strongest growing.
SLIDE 10
What’s next for Fintech Banking?
SLIDE 11
There is a unique opportunity to streamline customer journey. Rapid utility switching & instant direct debit.
Fraud Prevention in International CommerceSecure Trading
SecureTrading's Head of Sales & Marketing, Tim Allitt's presentation to the BT Fresca client conference on 25th May 2011. Tim presented to over 75 retailers about the benefits of 3-D Secure, International Payment methods and current counter-fraud measures.
The Trivago of Payments - Payments Optimiser Engine, currently front runner for Singapore Deep Tech Alliance SDTA winner. See: https://www.digitalnewsasia.com/business/singapore-deep-tech-alliance-announces-xnode-powered-venture-builder
My slide deck on VC investment in the blockchain and cryptocurrency space globally, recent regulatory developments in Southeast Asia, and a summary of enterprise-grade blockchain solutions launched in Thailand. Presented 26 April 2019 at the Fintech on the Block networking night and fireside chat in Bangkok hosted by Bitkub. Many thanks to Vasharada Lapcharoen of Digital Ventures, who did much of the research and created many of the slides.
Paymaster App is a growing fintech in Sri lanka and it is a fully owned subsidiary of Firstpay Pte Ltd. Showing promising growth this fintech is looking at changing the way average sri lankans approach mobile recharge and other routine payments
Digital Innovation Digest by Initio. Special focus on Belgium and Digital Pan European ID.
Swoon is coming in Belgium
ITSME has won 40% of Belgian
Private Bank DELEN take over fintech Swanest
apidays LIVE LONDON - Revitalising the core with Banking-as-a-Service by Nige...apidays
apidays LIVE LONDON - The Road to Embedded Finance, Banking and Insurance with APIs
Revitalising the core with Banking-as-a-Service
Nigel Verdon, CEO of Railsbank
The Evolution of Fintech And What it Means for AdvertisersMSFTAdvertising
SLIDE 1
The Evolution of Fintech And What it Means for Advertisers
By Phil Jones, Analytical Lead - Finance & Insurance
SLIDE 2
2012 was the peak year for Fintech companies founded.
2012 - 281 Fintech companies founded
2014 - surge of Deposits & Lending companies founded
2017 - 10 companies founded
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/financial-services/us-dcfs-fintech-by-the-numbers-web.pdf
SLIDE 3
Investment peak in 2016, driven by Deposits & Lending
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/financial-services/us-dcfs-fintech-by-the-numbers-web.pdf
SLIDE 4
Will ‘open banking’ shake things up further?
-Forced 9 of the biggest banks to release their data in a secure, standardised form
-Rich data on spending and borrowing can thus be shared with third parties, who can then use the data to create new products
-Consumers can access multiple accounts from competitor banks within one single interface
SLIDE 5
The regulation generated a lot of press…
SLIDE 6
...Which contributed to an increase in searches.
SLIDE 7
Young + Males over-index for Fintech searches.
SLIDE 8
There are more searches on mobile than traditional banking
SLIDE 9
TransferWise & Monzo are the biggest and strongest growing.
SLIDE 10
What’s next for Fintech Banking?
SLIDE 11
There is a unique opportunity to streamline customer journey. Rapid utility switching & instant direct debit.
Fraud Prevention in International CommerceSecure Trading
SecureTrading's Head of Sales & Marketing, Tim Allitt's presentation to the BT Fresca client conference on 25th May 2011. Tim presented to over 75 retailers about the benefits of 3-D Secure, International Payment methods and current counter-fraud measures.
The10 smartest payment & card solution providers 2019Mirror Review
The integration of e-commerce and mobile technology has forever changed the face of the payment market. Earlier, the transition from cash to cashless payments was slow in the emerging markets but now, it has grown exceptionally.
Smart Payment & Solution Providers are backbones of this cashless transition. Mirror Review presents "The 10 Smartest Payment & Card Solution Providers 2019"
Read more about the latest issue on, https://www.mirrorreview.com/
World Payments Report 2014 Key Findings PresentationCapgemini
Ten years after publishing the first World Payments Report, Capgemini and RBS continue to provide insight into global and regional non-cash payment trends. In this presentation from the World Payments Report 2014, we explore what is driving payments growth, the increasing overlap of key regulatory and industry initiatives, the increased cascade effect, and innovation and transformation in payments processing. Visit www.worldpaymentsreport.com for more information.
Fintan Byrne, Senior Vice President and General Manager of TNS and Mark Beresford, a Director of EDC, opened proceedings in the Retailer Payments Theatre at RBTE. Their presentation, Changing Times: Trends in the Payments Value Chain, evaluated how evolving consumer behaviour is shifting power and influence to the customer.
A presentation on FinTech investment globally including Europe and the UK as well as lots of case studies of startups doing interesting things in FinTech from open banking to digital payments and from buy now, pay later to APIs
(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.
Paying for stuff is, unfortunately, something we do every day! Be it with cash, cards, mobile phones or with our fingerprints and faces, we send money from one account to another. Globally speaking, cash is still king, but the payment experience is undergoing radical disruption which for the time being especially involves the act of payment more than the processing that goes on behind it. This presentation provides a description of payment processes and the new trends that are slowly but surely re-shaping the way we pay money. The authors are Philippe Collombel, Nico Valenti Gatto and Tanguy Confavreux who all work for Partech Ventures, a global venture capital fund with offices in San Francisco, Paris, Berlin and Dakar.
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.
CPNI Mobey Forum Mobile Payment Trusted Service Provider Sept 23 2008The Stilwater Group
Mobey Forum quarterly meeting Sept 23, 2008. The opportunity for banks and the entire mobile payment ecosystem created by focusing on remote mobile payments.
TNS Changing Times and Trends in Payments Sept 2014TNSIMarketing
Fintan Byrne, Executive Vice President and Managing Director of TNS' Payment Gateway Solutions, presents on the latest trends in the Payments industry to the Payment Knowledge Forum conference in London on 30th September 2014
Contactless payment and US chip-and-PIN adoption drives smart card growth in ...Smart Payment Association
Smart Payment Association announces preliminary finds of 2014 smart card payments review
• Over 1.5 billion smart payment cards shipped in 2014
• 185 million smart payment cards and modules shipped to US in 2014
• Contactless technology present on 40% of payment cards in 2014
• Secure DDA technology present on 70% of payment cards in 2014
Munich, 4th February 2015: The United States’ migration to EMV-standard chip-and-PIN cards, and the growing demand for contactless technologies, defined a high-growth payment card market in 2014, according to the Smart Payment Association (SPA).
Preliminary figures, released in advance of the SPA’s annual review of the card payment market, show over 1.5 billion smart payment cards where shipped globally last year, with some 40% featuring contactless ‘tap and go’ technology.
The United States, the only major market not to have previously adopted EMV-standard cards, accounted for 185 million card and module shipments as the country makes the transition to chip-and-PIN.
This number was significantly higher than the 30 million cards shipped in 2013 – reflecting growing enthusiasm from the country’s regulators, banks and retailers to combat card fraud on a national scale.
In a clear example of federal support for EMV transition, President Obama signed an executive order in October 2014 to apply chip-and-PIN technology to newly-issued and existing government credit and debit cards, and to deploy EMV-supported payment terminals in federal agencies.
Contactless technology continued its rapid global growth. In 2014, four out of every ten smart payment cards featured the ‘tap and go’ technology, with SPA members shipping a total of over 600 million contactless payment cards in the year.
This figure represents a year on year growth of 35%, with much of the increase driven by Europe and Asia, where contactless cards represented slightly more than 50% of total shipments in 2014. In the US, less than 10% of cards shipped in 2014 featured contactless technology – a figure in line with the maturity of the EMV market.
The data, collated by the SPA – whose seven members represent around 85% percent of the total available market – also highlighted the primacy of the Dynamic Data Authentication (DDA) technology. DDA provides chip-and-PIN cards with high levels of protection against modification of data and card cloning. 70% of cards shipped in 2014 featured this technology – up from 66% in 2013.
Sylvie Gibert, President of the Smart Payment Association: “These preliminary figures underline the crucial role EMV-standard cards and secure infrastructures in the global payments ecosystem – both now and in the future.
“In 2014 we saw banks and retailers respond to consumer demands for faster and more convenient and more secure ways to pay as contactless shipments grew to their highest levels. Crucially, the continued and growing adoption of EMV-stan
The Fintech industry which is the backbone of all economies has also been impacted because of Covid. What are the implications of Covid to an important sector?
Similar to TRUSTECH 2019 conference: A World Payment Perspective (20)
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
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
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
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.
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
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
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
NO1 Uk Divorce problem uk all amil baba in karachi,lahore,pakistan talaq ka m...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
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
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
2. Confidential 2
Agenda
10:00 – A World Payment Perspective
Greg Toussaint – Edgar, Dunn & Company
10:15 – Challenges Ahead in Fast Changing Landscape
Sirpa Nordlund – NETS.EU
10:50 – Panel discussion: Instant Payment and Open Banking
11h40 – Panel discussion: Authentication and the Impact on Payments
12h20 – Panel discussion: Payment Innovation
10:30 – Beyond payments. Revamping business management for SMEs
Stefan Stankov – myPOS
3. Confidential 3
Edgar, Dunn & Company (EDC) is an independent global payments strategy
consultancy working closely with retailers in the luxury sector to optimise payments
EDC Office LocationsEDC: Independent, Global, Focus on Payments & Retail
Founded in 1978 in San Francisco, the firm is widely
regarded as a trusted advisor to its clients, providing a
full range of strategy consulting services, expertise
and market insight, and M&A support
EDC has been providing consulting support to its client
base working with:
Many of the world's leading merchants, including
leading luxury retailers
More than 40 European banks & card
issuers/acquirers
Most of the top 25 US banks and credit card issuers
All major international card associations / schemes &
many domestic card schemes
Many of the world's most influential mobile
payments providers
+1,000 projects completed
+250 clients in 40 countries & 6 continents
EDC Key Metrics
Financial services and payments focus
Six office locations worldwide
Independent - owned and controlled by EDC Directors
Office locations
Shaded blue countries represent markets where EDC conducted client engagements
London
Sydney
Frankfurt
ParisSan
Francisco
Dubai
4. Confidential 4
Reports of the death of payment cards have been greatly exaggerated
11 B
1,49 B 1,46 B
0,8 B 0,7 B
13 B
1,61 B 1,60 B
0,9 B 0,8 B
Asia-Pacific North America Europe South &
Central
America
Middle East &
Africa
Total number of cards from 2019 to 2022 (in
Billions)
2019 2022
+17%
+8% +10% +11% +21%
Source : GlobalData
92 Tn €
40 Tn €
29 Tn €
5 Tn €
9 Tn €
118 Tn €
50 Tn €
35 Tn €
6 Tn €
11 Tn €
Asia-Pacific North America Europe South &
Central
America
Middle East &
Africa
Total value of transaction from 2019 to
2022 (in Trillions €)
2019 2022
+28%
+25%
+21%
+25% +30%
5. Confidential 5
5 key trends in the payment ecosystem
1. The rise of digital commerce
2. Retail innovation
3. Instant Payments
4. IoT payments
5. Impacts of regulations
6. Confidential 6
Digital commerce will continue to grow significantly especially in Asia-Pacific
0%
5%
10%
15%
20%
25%
30%
35%
40%
2018 2019 2020 2021 2022 2023
E-commerce as % of total retail sales per region
Asia-Pacific Global North America Europe Latin America Middle East & Asia
Asia-Pacific
Global
North America
Europe
Latin America
Middle East &
Asia
Source : EDC Advanced Payment Report 2018
7. Confidential 7
19%
25%
43%
60%
65%
81%
Beacon technology/proximity marketing
Internet of Things & Connected Commerce
Faster Payments
In-App Payments
Frictionless In-Store Payments (e.g. Uber-type Experience)
Seamless / Frictionless Cross-Channel Payment Acceptance
Importance for merchant's payment acceptance strategy
Retailers are now placing greater emphasis on customer experience
Source : EDC Advanced Payment Report 2018
8. Confidential 8
The deployment of faster payments platforms is accelerating
52%
44%
42% 41%
32%
29%
26%
24%
P2P Online Retail
Payments
Bill Payments B2B Payroll Consumer to
Small
Businesses
B2C and C2C
distributions
(non-payroll)
Low value
payments at
POS
Faster Payments schemes that are expected to have over 20% of
market share over the next 5-10 years
Source : EDC Advanced Payment Report 2018
9. Confidential 9
Internet of Things (IoT) and connected objects are developing significantly
Consumers Merchants
Smart Home and Payments
Wearables
Connected transport
Connected screens
Kiosks
Source : EDC Advanced Payment Report 2018
10. Confidential 10
Payment regulations have strong impacts on payment security and innovation
PSD2 main objectives
Contribute to a more integrated and efficient
European payments market
Improve the level playing field for payment
service providers (including new players)
Make payments safer and more secure
Protect consumers
Open-Banking and Third
Party Providers (TPPs)
Strong Customer
Authentication (SCA)
Key recent regulations
Source : European Commission
Example in Europe
11. Confidential 11
Fintech also impact significantly the development of the payment market
EDC newly released
report on the impact of
Fintech on the payment
value chain
12. Confidential 12
Why Fintech threaten traditional banks?
Innovation
Competition
Regulation
Fintech lead the disintermediation of the
payment value chain
New specialised and innovative lenders are
emerging
New neo-banks, payment providers and
Fintech have emerged since 2005 (1,400 in
Europe)
Big technology groups are also
strengthening their offering related to
financial services (GAFA)
Regulatory developments are designed to
encourage competition in the payments
sphere
Traditional banks
1
2
3
Sources : Deloitte and Financial Times
13. Confidential 13
Fintech investments in 2019 and different categories of payment companies
Source : EDC Fintech Report , CB Insights and EDC Analysis
18%
21%
21%
37%
51%
57%
Banking Infrastructure
Blockchain and
Cryptocurrency
Security & Fraud
Management
Payments
Open Banking - APIs
AI & Automation &
digitisation
Fintech investment areas 2019 The Payment Market Map
Point of sale payments
Bitcoin Payments Billing, Automation, Streamlining
Payment Processing Services Mobile Payments infrastructure
Personal Payment Services
Money Transfer Services Connected Card Payments
14. Confidential 14
Consumer and business pain points that should be solved by Fintech to compete with
traditional banks
Source : EDC Fintech Report
Consumer Pain Points Merchants Pain Points
Real payments – but not real time
Proof of account ownership
P2P Payment
High cross border costs
Fighting fraud
15. Confidential 15
Global remittances: an example of market where Fintech have accelerated the shift to
digital
$61
$106
$149
$189
$237
$285
$339
$382
$421
$442
$543
$489
$440
$444
$453
$439
$422
$409
$401
$397
$- $100 $200 $300 $400 $500 $600 $700 $800 $900
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Global recorded remittances (in US$ Billions)
Digital Non-Digital
$ 604
$ 595
$ 589
$ 633
$ 690
$ 724
$ 761
$ 791
$ 822
$ 839
Source : EDC Fintech Report
16. Confidential 16
Conclusion
“It’s all about the experience.
Either banks remove
friction…. or someone else
will.”
Brett King – Futurist, author
and CEO of Moven
17. Contact details
Edgar, Dunn & Company
1 bis rue du Havre
75008 Paris
France
Tel +331 4007 9224
Mobile +336 7026 9925
gregoire.toussaint@edgardunn.com
Greg Toussaint
Director
Confidential 17
