Championing Banking Transformation in The Fintech Revolution · Championing Banking Transformation...

Championing Banking Transformation in The Fintech Revolution

SEIZING NOVEL OPPORTUNITIES IN THE UPCOMING BANKING DISRUPTION

Donny Prasetya

700 YEARS AGO

2015

EVERYONE WANTS TO BE IN THE BANKING WITHOUT ACTUALY BEING A BANK!

IT IS NOT JUST THE OTHER BANKS ANYMORE: THE NEW REALITY OF BANKING COMPETITION

Source: Thomas J. Loverro

“Banking is necessary, Banks are not”

~ Bill Gates, 1997

“7% of Total Banking Profit in the US is at risk (2014) and increasing in the next 5-10 years due to the P2P innovations” ~ Goldman Sachs, 2014

+ $1.000

P2P LENDING: AN INNOVATION?

A PAGE FROM THE

UBER BOOK

?

1975-2009

?

2009 - 2014

2015

LESSON 1:

MORE THAN EVER, FOCUS ON YOUR CUSTOMERS’ EXPERIENCE

LESSON 2:

THINK OF PLATFORM BASED SOLUTIONS

LESSON 3:

EASIER SAID THAN DONE, BUT NEW CAPABILITIES MATTER…

A LOT!

DISPLACED DIMINISHED DISINTERMEDIATED

Shift of the customers’ preference toward superior service experience and lower price point

Will Bank follows the fate of MNOs and lost the ownership of their customer?

Much lower margin, becoming commoditized service

THE PERILS THAT THREATENING BANKS

I AM NOT EVEN TRYING TO MAKING THIS UP

GOOD LUCK!