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INNOVATION INFRASTRUCTURE Singapore, 21 July 2015 @mgnirck | @sbcFinTech

INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

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Page 1: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

INNOVATION INFRASTRUCTURE

Singapore, 21 July 2015

@mgnirck | @sbcFinTech

Page 2: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

FinTech is happening

Page 3: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

‘KODAK Moment’

‘iTunes to Music’

‘Streaming to Film’

Page 4: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

BUT what actually is

happening in

FinTech??

Page 5: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

Incumbents

Challengers

Investors

Regulators / Government

Page 6: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

Scared

Fines / Regulation

Visionary Leader vs.

The Rest

Innovation Activities

Page 7: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

FinTech? Sounds good

Pumping money

Returns?

Page 8: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

Competitive Ecosystem

Jobs / Tax / Innovation

Knowledge

Page 9: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

Ex-Bankers / Yuccies

Customer Driven

Better UX / Channels

Long Sales Cycles

Page 10: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

Wealth

Financial Inclusion

P2P / Alternative Finance

Blockchain

Back Office

Page 11: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

HK / Korea / India / SG

/ KL / SYD

Page 12: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

People

Knowledge

Processes

Page 13: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

Integration Man /

Machine

Artificial Intelligence

Page 14: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

Unstructured Data

Natural Language

Processing

Page 15: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

Digital Assets

Multiplication of

Exchanges

Page 16: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

Customer Focus / UX

Creating Communities

Page 17: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

Safe playground

Page 18: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

10 TEAMS SINGAPORE

Representing major FinTech trends

Blockchain, Financial Inclusion, Loans, P2P, Wealth

Page 19: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

SECURITY

INTEGRATION

COMPLIANCE

Page 20: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

APIs*

SANDBOX ENVIRONMENT

*Application Program Interface

Page 21: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

HACKATHONS

DESIGN THINKING

PITCH DAYS

Page 22: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

I N T E G R A T I O N P A R T N E R

S I G N O F F S

R E S O U R C E A L L O C A T I O N

Page 23: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

All nice, but, what if??

Page 24: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

Customers will drive it

FinTech

Page 25: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

COME TO DEMO DAY

Page 26: INNOVATION INFRASTRUCTURE - IBF Connect... · Better UX / Channels Long Sales Cycles. Wealth Financial Inclusion P2P / Alternative Finance Blockchain ... 10 TEAMS SINGAPORE Representing

@mgnirck