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Page 1: Fintech Ireland + Copenhagen Fintech · Fintech Ireland + Copenhagen Fintech Tuesday 6th December 2016 1 ... Acknowledge the negative consequences of a hard Brexit on Ireland

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Fintech Ireland + CopenhagenFintech

Tuesday 6th December 2016www.fintechireland.com

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Thank You to Sponsors & Venue

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Page 2: Fintech Ireland + Copenhagen Fintech · Fintech Ireland + Copenhagen Fintech Tuesday 6th December 2016 1 ... Acknowledge the negative consequences of a hard Brexit on Ireland

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Peter Oakes - Founder, FintechIreland & Fintech UKhttps://ie.linkedin.com/in/peteroakesExecutive & non-executive director, advisory committee member to regulated &unregulated companies, including Fintech, RegTech, MiFID and Funds. Panel Member,Fintech20 Ireland

Solicitor admitted in Ireland, the United Kingdom and Australia

Founder of Fintech Ireland & Fintech UK

2014-2016: Board Director & Chief Risk Officer for Bank of America Merchant ServicesEurope

2010-2013: Central Bank’s first Director of Enforcement and AML/CTF Supervision inOctober 2010. Member of the Senior Leadership, Operations, Policy & Supervisory RiskCommittees

Over the past 25 years Peter has worked as a regulator (Ireland, UK & Australia) and inthe investment management, payments, funds & fintech industries (UK & Ireland) inBoard, C-Suite, Legal and Compliance/Risk roles. He has also advised Central Banks,Regulators and their senior management on a wide range of supervisory andenforcement [email protected] / [email protected]

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Thanks to Fintech Ireland EventCollaborators

Dave Anderson, Fintech community organiserand DevOps Transformation Consultanthttps://ie.linkedin.com/in/daveandersonireland

Twitter: @gingertechie

Peter O’Halloran, Vice President & GeneralManager, eCommerce, EMEA at First Datahttps://ie.linkedin.com/in/peterohalloran

Twitter: @p_ohalloran

Alex Lee, Investor and Board Advisor to FinTechfirmshttps://uk.linkedin.com/in/alexjameslee

Twitter: @AlexLeeFintech

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Agenda

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Copenhagen Dublin

18:30 17:30 Arrive & NetworkingFintechBridge

19:00 18:00 Presentations

19:45 18:45 FintechBattle

20:30 19:30 Voting forFintechBridge

21:00 20:00 FintechBattle Winners

21:30 20:30 End / Networking

© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Speakers

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Peter OakesFounder

FintechIreland

Thomas Krogh JensenCEO

Copenhagen Fintech

Margaret ClancyHead of Global Sales

TransferMate

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

FintechBridge Connect with ~ 130 Fintechies Publish selected information to attendees:

◦ Tell people who you want to meet◦ Create a Doodle.com page to publish your

availability, so others can pick meeting times◦ Share your LinkedIn Profile

Opt-in at www.fintechbridge.eu

Twitter: @fintechbridge / @fintechireland

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Fintech Ireland- What Is It? Fintech Ireland formally established in August

2014 (existed earlier as an informal group)

The idea behind Fintech Ireland is to help putIreland on the global fintech map

A core foundation was, and remains, to help localfintech firms understand and navigate theregulatory requirements in Ireland and forentrepreneurs looking to expand overseas, tohelp them with international introductions

We connect fintech firms with those looking toinvest in them, we introduce them to mentorsand potential business partners too.

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Fintech Ireland- A Free Service

No fees charged for events Not a subscription membership base Independent and impartial Highly effective A fintech community enabler and supporter We can host informative events because of

the generosity and goodwill of our sponsors@ulsterbank / @solarflare10g / @voxprogroup

/ @dogpatchlabs9

© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Fintech Ireland- By the Numbers

Website visits per month =10,000+

2,700 plus twitter followers(@fintechireland)

630 LinkedIN Group members

Connected universe of 5,000+professionals

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Fintech Ireland- Media

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Fintech Ireland- Goal

To continue our work to ensure that Irelandbecomes and remains a global fintech hub

Ireland has a fantastic entrepreneurial community.

We are looking forward to more involvement withMinisters, Government Departments, Regulators andIndustry so that innovation will continue to flourish.

No person can be an island unto themselves. For thatreason we travel (at our own expense) to Europe, Asia,the US and other global centres to develop closerinternational fintech ties with Ireland.

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Fintech Ireland- 2016 2016 was a great year

Marked step up from 2015, which was the yearwhere we played a very active and leading role inhelping improve the efficiency and effectivenessof the fintech authorisation regime in Ireland

Raised the profile of Fintech Ireland (and Fintechin Ireland) locally and internationally

Involved in host or collaborating in more 20events in Ireland and overseas

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Money2020 EuropeFintech Ireland Lead-

In Event

Cyber SecurityExchange

Ireland's FintechScene

European FinancialForum

Money 2020 Europe(Denmark)

Start Up Bootcamp

Fintech Speed Dating

FintechStageAmsterdam

Future of BankingSummit

FX & Fintech Platform(TCD)

Board Governanceand the MLRO

BlockchainConference Dublin

Fintech Island, Belfast

4AML Briefing

Cyber SecuritySummit

Brexit & Fintech

IIEA Brexit & Fintech

IOT Summit

M1 Payment CorridorPanel

• Homecoming(Belfast) Fintech

• AMLP Forum –Fintech & Regtech

• FintechBridgeCopenhagen

• Fintech20 Ireland

2016: Our Year In Fintech

January toMarch

April toJune

July toSeptember

October toDecember

Q1 Q2 Q3 Q4

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

And if that wasn’t enough.. (1/2) Board Presentations to the

International Offices ofCredit Agricole and KBC

We took the CEOs, CFOsand CIOs throughtransformation in financialservices, fintech strategiesand blockchain

More of thesepresentations are beinglined up now

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

And if that wasn’t enough... (2/3) Meetings with Members of

the European Parliament,Staff of the EuropeanCommission, Ministers,Central Banks andRegulators in Europe

Through our separatework, we (Dave, Alex,Peter and I) have mentoredIrish and internationalfintechs free of charge

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

And if that wasn’t enough... (3/3) Worked with a local University as part of

the Internal Panel reviewing a plannedMSc in FinTech

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

June: Fintech Speed Dating

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

September: Fintech Island

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Fintech Ireland- 2017 (1/2) Acknowledge the negative consequences of a

hard Brexit on Ireland

Mobilising a group of talented people topromote Ireland as the international home ofboth regulated and unregulated fintech Being independent means being able to call

out and address blockages in the fintechregime to ensure the right thing is done There will be more events in 2017

◦ the challenge is fitting them all in the one year!

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Fintech Ireland- 2017 (2/2) Being approached by

numerous bodies,both industry andlarge financialcompanies, looking toget involved

However what isimportant is that thefintech communityremains at the heart ofwhat Fintech Irelanddoes

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We Want You

http://www.fintechireland.com/get-involved.html

www.gingertechie.comwww.gingertechie.com

© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Quarterly Global VC FintechInvestment (Business Insider)

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

UK Venture Capital FintechInvestment (1/2)

“Just last week, Innovate Financereleased figures showing UK VCinvestment for fintech firmsdecreased by 26% in Q3 2016 to$532 million and is approximatelyhalf of the total 2015 investmentof $1.1 billion”

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Visit http://new.innovatefinance.com/© Innovate Finance (this & next slide)

© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

UK Venture Capital FintechInvestment (2/2)

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Q1-Q3 2016 Irish Venture CapitalEuro 000Ks (1/2)

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Q1-Q3 2016 Irish Venture CapitalEuro 000Ks (2/2)

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Visit www.ivca.ie© Irish Venture Capital Association (this & previous slide)

Fintech Figure = Euro101,045,00

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

An example of a local Angel Network

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Visit http://www.hban.org/© Halo Business Angel Network

© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Fintech Map – Dave Anderson(Fintech Ireland Collaborator)

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www.gingertechie.com www.fintechireland.com

© Dave Anderson / www.gingertechie.com

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Irish Government's Fintech StrategyIFS 2020 (Updated 2016 Action Plan)

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Quarterly Progress Reports

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

EU Parliament – Fintech Report “Fintech is a big new part of our financial

services industry in Ireland. We need tobe prepared for what comes out of theEU in terms of regulation. Dublin has ahuge amount of expertise in the Fintechsector and has adapted well to the rise ofFintech as a global trend.

“The potential for further developmentof the sector in Ireland is enormous.Globally, Fintech investment more thantripled to about 12 billion US dollars in2014 and this has almost doubled in2015.

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Brian Hayes MEP confirmed to lead negotiations for the EuropeanPeople’s Party in the European Parliament on a report on Fintech

© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Regulatory Sandboxes (examples) United Kingdom Australia Malaysia Singapore Hong Kong Lithuania (planned) USA? – A House Bill published in

September 2016 to compel financialservice regulators to establish‘Innovation Offices’

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Not all plain sailing for fintech

Fintech can also help markets becomemore competitive by enabling newfirms to enter a market and competewith existing firms in a viable way.

However new innovations bring newrisks for consumers and new challengesfor supervisory authorities and it isimportant that supervisory authoritiesremain focussed on their coreresponsibilities for consumer protectionwhile recognising the potential benefitsfor consumers Director of Consumer Protection, Central

Bank of Ireland, Bernard Sheridan

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Technological Innovation andFinancial Services - CBI

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https://www.linkedin.com/pulse/irish-central-bank-governor-gives-his-first-fintech-innovation-oakes

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Ireland's Fintech Strategy is Evolving

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Our #FintechBattle Contestants

#fintechbattle 1 #fintechbattle 2 #fintechbattle 3

#fintechbattle 6#fintechbattle 5#fintechbattle 3

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Our Sponsors

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Ireland

Copenhagen

© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Coming Soon

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Date Event

15th Dec Fintech20, Dublin

24th Jan 2017 European Financial Forum, Dublin

26-28th June 2017 Money2020 Europe, Copenhagen

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Copyright & Further Information

Fintech Ireland acknowledges the copyrightof third parties and we have noted theircopyright and websites in this presentation.If you use our material in a presentation,please do the same

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Dave Anderson- Thank You!!! The Irish side of this

bridge was built byDave Anderson

He is an absolutepowerhouse of gingerand tech

www.gingertechie.comTwitter:@supergingerdave@gingertechie

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© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971© Fintech Ireland www.fintechireland.com / [email protected] / ph +353 1 639 2971

Thank you

https://ie.linkedin.com/in/peteroakeshttps://www.linkedin.com/groups/8321352

[email protected]@gingertechie.com

Fintech Ireland: +353 87 2731434Fintech UK: +447563526834

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