10×6 Fintech: un nouveau pilier? Jean Diederich, Kurt Salmon.

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0 0 PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 1

Transcript of 10×6 Fintech: un nouveau pilier? Jean Diederich, Kurt Salmon.

Page 1: 10×6 Fintech: un nouveau pilier? Jean Diederich, Kurt Salmon.

PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 1

Page 2: 10×6 Fintech: un nouveau pilier? Jean Diederich, Kurt Salmon.

21 October 2015 | Jean Diederich, Partner Kurt Salmon | Tramsschapp

10×6 Fintech: a new pillar ?Understanding the Fintech POWER shifts

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PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 3

Update on global Fintech @ Innotribe /SIBOS in Singapore

Sources: SIBOS / Innotribe / Brett King

Fintech is changing finance ?

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PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 4

Fintech’s Platform Business replaces Traditional Banks

Source: Jean Diederich

Financial Services Customers

FintechPlatformBusiness

Platform start-ups allow Customersto create and consume value

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PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 5

Fintech’s Platform Business replaces traditional Banks

Source: Jean Diederich

Financial Services Customers

FintechPlatformBusiness

Platform owns the Customer

POWER

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Page 6: 10×6 Fintech: un nouveau pilier? Jean Diederich, Kurt Salmon.

PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 6

Fintech disrupt banks through Fintech Platforms

Source: Jean Diederich

Financial Services Customers

Banks

BankSuppliers

FintechPlatformBusiness

Banks and/orSuppliers

Banks create valueand sell it to Users

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PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 7

Fintech disrupt banks through Fintech Platforms

Source: Jean Diederich

Financial Services Customers

Banks

BankSuppliers

FintechPlatformBusiness

Banks and/orSuppliers

POWER

POWER

shift

POWER shift like in other industries e-payments, forex, funding, music, hotels….

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Fintech innovation through APIs

Source: Jean Diederich

Financial Services Customers

BankSuppliers

Banks

BankSuppliers

Disintermediatorsand API Platforms

The PSD2 will force Banks to open up for APIs through “access-to-accounts”, creation of Bank APPs

Banks2

API

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PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 9

Fintech innovation through APIs

Source: Jean Diederich

Financial Services Customers

BankSuppliers

Banks

BankSuppliers

Disintermediatorsand API Platforms

FintechPlatformBusiness

POWER

Banks and/orSuppliers

POWER

BanksPOWER 12

API

API

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PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 10

Fintech and the Blockchain general ledger?

Source: Jean Diederich

Financial Services Customers (Geeks)

FinTechBlockchainPlatforms

(distributed)

Moving from a new form of virtualcurrencies to a distributed general ledger

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PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 11

Fintech and the Blockchain general ledger?

Source: Jean Diederich

Financial Services Customers (Geeks)

FinTechBlockchainPlatforms

Geeks own and run the businessthrough the internet

POWER

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PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 12

Understanding the different Fintech domains

Source: Jean Diederich

Financial Services Customers

BankSuppliers

Banks

BankSuppliers

Disintermediatorsand API Platforms

FinTechPlatformBusiness FinTech

BlockchainPlatforms

Banks and/orSuppliers

POWERPOWERPOWER

BanksPOWER 12 3

DISTRIBUTED

API

API

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PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 13

Fintech and Bankers thinking about using the Blockchain in B2B?

Source: Jean Diederich

Financial Services Customers

BankSuppliers

BankSuppliers

FinTechBlockchainPlatforms

For banks, attackis probably the bestform of defence!

Distributed trans-action settlementand clearing (B2B)

4 DISTRIBUTED

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PaperJam Business Club 10×6 on Fintech:, a new pillar ? | © Kurt Salmon | 14

Fintech and the future Digital Banks on Blockchain?

Source: Jean Diederich

Financial Services Customers

FinTechBlockchainPlatforms

Digital Bankson Blockchain

Digital walletsSmart contractsSmart propertyDigital asset proof…Internet of Things

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DISTRIBUTED

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“It’s better to own the disruption than to be

eaten by it”Chris Skinner

Fintech cannibalisation of traditional Banks

Source: Chris Skinner

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Kurt Salmon is a global management consulting firm dedicated to building the market leaders of tomorrow.More than just partnering with our clients, we ally with them, integrating ourselves seamlessly into their organisations in order to develop innovative, customised solutions for their 21st-century business issues.Succeeding in today’s increasingly complex, consumer-driven environment is an enormous challenge. But companies need to look beyond today; they need to position themselves for continued success in the even more uncertain future. That’s where Kurt Salmon comes in.We call it delivering “success for what’s next.” The results are transformative.

www.kurtsalmon.com

Jean DIEDERICHPartner EUA & Digital

T +352 26 37 74 1F +352 26 37 74 982M +352 661 322 [email protected]