Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
©	
  Strategy	
  Dynamics	
  Global	
  Limited.	
  All	
  rights	
  reserved.	
  	
  Not	
  to	
  be	
  used	
  without	
 ...
Upcoming SlideShare
Loading in …5
×

GT Briefing April 2015 The future of Money

645 views

Published on

When conveying the value of things money is a common language that we all understand, from the most educated and developed regions, to the less developed areas of the world. While paper money hasn’t always been around, the concept of money has played a central role in developing our modern international economies and trade networks.
For thousands of years humanity has bartered the goods they had in surplus for those they lacked, a form of trade that is still in full swing in the 21st century. The first known “official” currency was introduced in Turkey in 600BC and, around 1661 AD, coins evolved into bank notes. In 1946 the first credit card was introduced and since the start of this century technology advances have disrupted the world of money more than once. In 1999 European banks started offering mobile banking while in 2008 contactless payment cards were issued in the UK for the first time.
Driven by mobile and internet technologies, we are now in the early stages of fundamentally changing how we handle and think about money, not to mention who is handling our money and transactions. Financial control is no longer only in the hands of the financial industry. Today entrepreneurial minds are connecting us to our (and others) money in new and innovative ways.
Let’s have a look at how the perception of money is redefining economic unions, trade and power – and at how innovative technology advances are disrupting the world of money and transactions.

Published in: Business
  • Be the first to comment

  • Be the first to like this

GT Briefing April 2015 The future of Money

  1. 1. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   1   GT  BRIEFING  APRIL  2015:   THE  FUTURE  OF  MONEY   www.globaltrends.com  
  2. 2. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   2   InformaGon  is  power  but  money  certainly  is  too!     Photo  credit:  hBp://www.arealchange.com/blog/creaDng-­‐informaDon-­‐products-­‐steps  
  3. 3. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   3   The  BRICS  rising  economic  strength  is  reshaping  the   global  economic  –  and  monetary  –  order       New  Development  Bank  (NDB)   headquartered  in  Shanghai  was   founded  by  the  five  BRICS   countries  in  July,  2014  as  an   alternaGve  to  IMF  and  The  World   Bank  
  4. 4. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   4   The  power  of  the  Chinese  renminbi  is  rising                Customer  iniGated  and  insGtuGonal  payments.  Inbound  +  outbound  traffic.  Based  on  value.   January  2014       January  2015      38.75%   33.52%   9.37%   2.50%   1.80%   1.75%   1.39%   1.38%   1.09%   0.98%   #1  USD   #2  EUR   #3  GBP   #4  JPY   #5  CAD   #6  AUD   #7  CNY   #8  CHF   #9  HKD   #10  THB   43.41%   28.75%   8.24%   2.79%   2.06%   1.91%   1.91%   1.74%   1.28%   0.98%   #1  USD   #2  EUR   #3  GBP   #4  JPY   #5CNY   #6  CAD   #7  CHF   #8  AUD   #9  HKD   #10  THB   Source:  SWIFT  Watch   December  2013     The  renminbi  (RMB)  overtook  the  Euro  to  become  the  second  most-­‐ used  currency  in  global  trade  finance    (currency  by  value  for   documentary  credit)  aaer  the  U.S.  dollar    
  5. 5. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   5   Will  the  US$  lose  its  power  as  reserve  currency?   ?   ?   OR   RESERVE   CURRENCY   ?  
  6. 6. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   6   TradiGonal  banking  is  under  pressure  and  industry   boundaries  are  blurring   Kickstarter   Upstart   My  ideal  city  Bogotá     Invested.in    Appbackr   Quirky   Crowdrise   RocketHub     Crowdfunder   Indiegogo  
  7. 7. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   7   The  P2P  lending  industry  is  increasingly  popular  with   the  risk  of  changing  from  “peer-­‐to-­‐peer  lending”  to   “marketplace  lending”     Lately  banks  and  P2P  companies  have  started  entering   partnerships,  e.g.  UK  Santander  and   Royal  Bank  of  Scotland  with  P2P  companies.        
  8. 8. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   8   A  new  era  of  invesGng  is  on  the  rise  but  there   is  sGll  a  long  way  to  go           In  2014,  US$46  billion  of  assets  were   classified  as   impact  investment  under   management,  up  20%  from  2013   US$210  trillion  is   invested  in  global   financial  markets   Source:  Spotlight  on  the  Market  -­‐  The  Impact  Investor  Survey  
  9. 9. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   9   Modern  bartering  is  flourishing  across  the  world       Trade  what   you  have…   Get  what   you  want.       HONDA   haymarket  
  10. 10. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   10   From  mobile  to  wearable  payment,  contactless   payment  is  here  to  stay   More  than  two-­‐thirds  of  US  smartphone   owners  say  they  prefer  to  use  a  wearable   device  over  a  mobile  phone  to  make  in-­‐ store  payments.     (Source:  emarketer,  December    2014)  
  11. 11. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   11   Paper  money  is  sGll  here  but  who  knows:  Perhaps   one  day  money  will  be  digital  only!   TOP  5  CRYPTO  CURRENCIES     BY  MARKET  CAP  (US$)     1.  Bitcoin    $  3,625,544,073   2.  Ripple            $  328,766,570   3.  Litecoin          $  66,121,296     4.  BitShares    $  20,586,980   5.  Darkcoin      $  17,255,542       MORE  THAN  500  CRYPTO  CURRENCIES  ALREADY  EXIST  
  12. 12. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   12   Physical  banking  may  (not  quite)  be  a  thing  of  the   past  –  but  it  will  be  increasingly  driven  by  technology     Photo  credit:  hBp://www.robertsoncooper.com/good-­‐daily-­‐banking-­‐arDcle/1214-­‐ japanese-­‐bank-­‐employs-­‐humanoid-­‐robot-­‐staff   Photo  credit:  hBp://www.balanceinc.com/porgolio/diebold-­‐branch-­‐of-­‐the-­‐future.html   The  new  employee   Japan’s  biggest  bank  Mitsubishi  UFJ   Financial  Group  has  employed  ‘Nao,’  a   mulDlingual  5.4-­‐kg  humanoid  robot,  to  deal   with  customers.  Nao  will  start  working  on  a   trial  basis  in  two  branches  from  April  2015.     Diebold’s  self-­‐contained  banking     Here  customers  can  interact  with  a  very   human-­‐like  avatar  to  perform  different   transacDons.  If  they  get  frustrated  with   the  avatar,  soaware  can  detect  a   problem  and  switch  the  customer  over  to   a  real  person.    
  13. 13. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   13   How  will  the  changing   landscape  of  money     impact  your  organizaGon   and  industry?     Read  the  full  briefing:  The  Future  of  money     hnp://www.globaltrends.com/monthly-­‐briefings/60-­‐monthly-­‐ briefings/222-­‐gt-­‐briefing-­‐april-­‐2015-­‐the-­‐future-­‐of-­‐money      In  March,  look  out  for  trends  in  acGon  on  Managing  the  next   generaGons  at  work  
  14. 14. ©  Strategy  Dynamics  Global  Limited.  All  rights  reserved.    Not  to  be  used  without  permission.  www.globaltrends.com   14     This  presentaGon  is  adapted  from  the  GT  Briefing  April  2015:  The  future  of   Money.   Electronic  copies  of  the  briefing  and  of  our  The  Global  Trends  Fieldbook:  From   Data  to  Insights  to  AcGon  are  available  on  www.globaltrends.com,  and  printed   copies  of  The  Global  Trends  Fieldbook  and  The  Global  Trends  Report  can  be   purchased  on  Amazon.com  and  Amazon’s  European  sites.     Don’t  forget  to  register  at  www.globaltrends.com  now  to  make  sure  you  don’t   miss  our  next  monthly  briefing  (they  are  free)!      

×