a car pulled by a horse: is it the future of finance?

1

Wecolme Message!

The activities of a company associated with buying and selling a product or service that includes advertising, social media, selling products Marketing is based on thinking about the business in terms of customer needs and their satisfaction marketing

differs from selling because in the words of the best university of the world.

A car pulled by a horse

Is it the future of finance?Huy Nguyen Trieu@huynguyentrieu

Credit:Justacarguy blog

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The rise of Fintech has been breathtaking

@huynguyentrieu@Finnovasia– HK30May2016

ThePulseofFintech,KPMG,Mar2016

Wired,March2015

PeerPressure,PWC,February2015

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But we’re seeing cracks in the walls


TheTelegraph,May2016

Bloomberg,February2016

FinancialNews,May2016

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What is the future of finance

?

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We’re very bad at predicting major changes


70%

10%

98%

1996 2005

NokiaMotorola

LGSonyEricsson

iOSAndroid

Source:GartnerGroup

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What is the future of finance?


PollatOxfordSaidBusiness School

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A very strong trend: unbundling of finance


BANK

PAY

INVEST

BORROW

AFFIRM

EARNEST

ZOPA

KABBAGE

PRODIGY

MONDO

NUMBER26

ATOM

LOOT

NEAT

BETTERMENT

ACORNS

MOTIF

SIGFIG

NUTMEG

VENMO

KLARNA

SQUARE

IZETTLE

PAYFRIENDZ

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Cheaper and better (We’ve seen it before…)


Pets.com

Petsmart

Petplanet

Petstore

Petopia

Vitamins

PlanetRX

More.com

MotherNature

VitaminShoppe

Toysmart

Toytime

eToys

KBKids

Smarterkids

Beauty.com

Eve.com

BeautyJungle

Gloss.com

iBeautyCredit:Pixabay

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Cheaper and better : Good. Or Bad?


High Customer Acquisition Cost

Margin Pressure

CustomerInertia

Challenging…

But not Impossible!

10


11

Incremental thinking is more natural


12

Disruptive thinking is harder


13

3 disruptive trends inFinance

14

InvisibleFinance

15


Do you need to see finance?

16

Watch theWhite Space

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Increasing number of sectors are underserved


TheEconomist,August2014

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36% 31% 31%

22% 22%

100%113%

130%

94%

63%

Indonesia Philippines Vietnam Cambodia Myanmar

Bank

Mob

ile

Whole countries will leapfrog


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DataMonetization

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A new business model for finance?


InterestIncome

Fees

65%

0%

35%

0%0%

100%

Typical Bank Google

InterestIncome

Fees

Data

21

What is the future of finance?


PollatOxfordSaidBusiness School

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Wecolme Message!

The activities of a company associated with buying and selling a product or service that includes advertising, social media, selling products Marketing is based on thinking about the business in terms of customer needs and their satisfaction marketing

differs from selling because in the words of the best university of the world.

Disruption is never obvious. But it’s still coming.