New products in retailand electronic bankingH. VAN DE VYVER

CELUFO SNC, BRUSSELS

1E-BANKING / H. VAN DE VYVER, CELUFO SNC

New products, where do they differ from traditional ones

New ways to sell products◦ banking products

◦ non banking products

◦ products of other banks

◦ brokerage products

◦ insurance products (info)

E-BANKING / H. VAN DE VYVER, CELUFO SNC 2

https://www.perficient.com/Thought-Leadership/Perficient-Perspectives/2013/Product-Strategy

New products, where do they differ from traditional ones

Saving accounts with higher rates of return◦ types of saving accounts

◦ motivation (banking stratefgy)

◦ examples

E-BANKING / H. VAN DE VYVER, CELUFO SNC 3

http://www.money-rates.com/research-center/americas-best-rates/2013-Q1.htm

New products, where do they differ from traditional ones

E-BANKING / H. VAN DE VYVER, CELUFO SNC 4

http://www.forbes.com/sites/moneybuilder/2013/01/11/online-banks-offer-best-savings-account-rates-for-2013/

New products, where do they differ from traditional ones

Online banking package◦ online current account, savings account

◦ overview of future payments

◦ access to different accounts (private, business)

E-BANKING / H. VAN DE VYVER, CELUFO SNC 5

http://www.nbc.ca/bnc/cda/productfamily/0,2664,divId-2_langId-1_navCode-16134,00.html

New products, where do they differ from traditional ones

E-BANKING / H. VAN DE VYVER, CELUFO SNC 6

New products, where do they differ from traditional ones

Buying all types of insurances on Internet◦ basic insurances

◦ life insurances

E-BANKING / H. VAN DE VYVER, CELUFO SNC 7

https://www.moneyadviceservice.org.uk/en/articles/how-to-buy-insurance-using-comparison-sites

New products, where do they differ from traditional ones

E-BANKING / H. VAN DE VYVER, CELUFO SNC 8

http://www.deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/US_FSI_Small_Business_Infographic_image_060713.pdf

New products, where do they differ from traditional ones

E-BANKING / H. VAN DE VYVER, CELUFO SNC 9

New products, where do they differ from traditional ones

E-BANKING / H. VAN DE VYVER, CELUFO SNC 10

https://www.kpmg.com/Global/en/IssuesAndInsights/ArticlesPublications/perspectives/Pages/opportunity-awaits-banks.aspx

Opportunity awaits banks who claim

PFM turfBy Mike Davidsen, Financial Services Advisory, KPMG in the

US.To most companies in the financial services sector, Personal

Financial Management (‘PFM’) is just another buzzword that offers

little opportunity for profits. But pioneering banks who explore the

frontiers of PFM may find potential they could tap, if they adopt the

right app.

It’s understandable that banks have not raced to launch PFM tools,

since it’s a completely foreign concept to the majority of consumers.

However, many consumers perform basic PFM tasks on a regular

basis, from tracking discretionary spending to paying bills. And with

the proliferation of digital, PFM now encompasses everything from

categorizing card transactions to receiving low-balance alerts to

prevent overdraft.

New products in retail and electronic banking

11E-banking / H. Van de Vyver, Celufo Snc