FINTECH
An Introduction through Technology
in Banking
AGENDA
Fintech- Basics
Fintech – Applications
FINTECH - BASICS
DEFINITION
Combination of Finance and Technology
Creation of a Disruptive Ecosystem
Application of Technology to transform Financial Services
Designing Innovative Solutions
Accommodating innovation with regulations
Solving problems/ Addressing concerns in Financial Services
ELEMENTS IN FINTECH
Cost-
Newer
Innovative Optimized Disruptive Customer- effective
Business
Applications Processes Products Centric Revenue
Models
Models
FINTECH - DEPTH
Financial Industry -
Fintech Premise
Challenges
Leveraging
technology as Converting cost But this is also
Advancement in Regulatory Changing consumer
backbone of centre to a profit adding newer
technology pressures preferences
business and centre threats
operations
CURRENT CHALLENGES - DETAIL
Cash Minimizing Increasing
Ecosystem Ops Costs Efficiency
Need for
Managing Customer
customized
default risk Retention
products
FINTECH PREMISE - COMPANIES
Higher
Operational Reduced Risk Innovative Incremental
Mitigation Less of TAT Customer
Effectiveness Costs Products Revenue
Trust
FINTECH PREMISE - CONSUMERS
Faster access Abundance Reduced Convenience Improved
to services of options Costs of services Experience
FINTECH STRATEGY
Both can
Collaboration complement Fintech firms
between each other as have
Fintech and a unified innovative
FI desired force models
Combined FI’s have
strategy robust
expected to network and
deliver value IT
infrastructure
Customer Specific
Effective Go-To
Market Strategy
Product Agility
FINTECH FOCUS
Technology Design
Specific Workforce
Training
FINTECH TRENDS
Cloud Technology
Focus on Data and Storage
Social Media
Blockchain
Augmented Reality
AI and Advanced Computing
Fintech Hubs
FINTECH - APPLICATIONS
FINTECH - INDUSTRY
Banking
Financial Capital
Exports Markets
Payments Insurance
Large Unbanked Population
Increasing Mobile
Penetration
Demographic Dividend
FINTECH - INDIA
Technological Talent
Pool
Support By
Government
Fintech
Funding
GOVT. OF INDIA INITIATIVES
Jan Dhan Yojna
Aadhar Enabled
payment Service(AEPS)
United Payments
Interface(UPI)
Bharat Interface
For Money(BHIM
App)
Bharat QR Code
FINTECH THEMES
Financial
Inclusion
FINTECH SEGMENTS
Lending
• P2P Lending
• Online Lending
InsurTech Payments
• Insurance Marketplace • Wallets
• Wearables • Cryptocurrency
• PoS Services
Technology in Wealth Management
Banking • Discount Broker
• Blockchain • Financial Advisory
• Big data
FINTECH OPPORTUNITIES
Data
Analytics
FINTECH INNOVATIONS
• Mobile payments
• Digital currencies
Payments • Distributed Ledger
• Peer-2 - Peer Lending
Deposits • Digital Currencies
and Lending
• Robo advisory
Investments
• Trading
• Big Data
Data • AI
Analytics
FINTECH – BANKING IMPACT
Enhanced
Sustainable Better Employee Operational
Innovation Asset Utilization Customer
businesses Utilization Efficiency
Experience
FINTECH – TECH DISRUPTION IN BANKS
Credit P2P
Mobile Investment Mobile Mobile Dynamic
Mobile PoS Rating Payments
Payments Management Insurance Banking Pricing
Estimation and Lending
Thank you
For any queries, please contact
Prof xxxx
, FMS
Shoolini University
Email : xxx@shooliniuniversity.com
Mobile : +91-9xxxxxxxxxx
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