fintech session introduction/media/corporate/pdf... · 1. the rise of crowdfunding – threat or...

Fintech Session Introduction

Prof. Dr. Bjorn Cumps – Vlerick Business School

© Vlerick Business School

PROF BJORN CUMPS - SHORT INTRODUCTION

2

2003 - 2007 PhD on Business-

ICT Alignment

2007 - 2011 - HQ: Group ORG - Branch Manager

2011 - now - Financial Services - Fintech - Digital

@bjorncumps

[email protected]

VLERICK CENTRE FOR FINANCIAL SERVICES


OVERVIEW

4


VLERICK FS RESEARCH PROJECTS (2014-2015)

Vlerick FS

Projects

KBC - Building Big Data

capabilities for Customer Insight BNP Paribas

Fortis - Quantifying the value of Micro-

finance

BNP Paribas Fortis – Digital transformation

in business banking (B2B)

Optima - Developing a

Financial Happiness Barometer

Ageas - Finding

opportunities in infrastructure debt markets

Beobank - Becoming a customer-

centric organisation

Euroclear - Business

Requirements for Business Intelligence

KPMG - research

insights in the development of

the banking landscape

KBC/Ageas/ Allen&Overy - Impact of new regulation on

business models


VLERICK PUBLICATIONS


VLERICK FS POLICY PAPERS

1. The rise of crowdfunding – Threat or opportunity for the banking sector? 2. Macro-prudential policy in the EU: an experiment in unknown territory 3. Quantitative easing for the Eurozone 4. Regulating long term finance in the EU: challenges and opportunities

Click here for link to policy papers

http://www.vlerick.com/en/research-and-faculty/research-for-business/financial-services-management/centre-for-financial-services-management/policy-paper-series










CFS DIALOGUE

Click here for link to newsletter

http://www.vlerick.com/en/research-and-faculty/research-for-business/financial-services-management/centre-for-financial-services-management/newsletter-centre-for-fincancial-services










THE BANK OF THE FUTURE?

Square – POS payments

Wealthfront - Investments

Paypal - Payments

Venmo – P2P Payments

Bitcoin – Digital currency

Kickstarter - Funding

LevelMoney – Personal Financial Management

TransferWise – Money transfer

Apple Pay - Payments

Affirm – Consumer credit

Moven – Digital only bank


"They all want to eat our lunch. Every single one of them is going to try.” “Silicon Valley is coming.“ Jamie Dimon CEO JP Morgan Chase


THE NEW FINTECH HEROES

Renaud Laplanche Adam Nash

Hardeep Walia


Taavet Hinrikus and Kristo Käärmann, founders of TransferWise

http://www.google.be/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRxqFQoTCObcyMSeksgCFQSz2wodHK4Gow&url=http://www.underconsideration.com/brandnew/archives/new_logo_and_identity_for_transferwise_by_venturethree.php&psig=AFQjCNHJ556lfKGCJq_ODtHUyfsVi5GxHQ&ust=1443272325235326


http://www.google.be/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRxqFQoTCK-kjsmgksgCFcRr2wodRYwONw&url=http://www.houseofexperience.co.uk/portfolio-item/nothing2hide-2/&psig=AFQjCNHJ556lfKGCJq_ODtHUyfsVi5GxHQ&ust=1443272325235326

https://www.google.be/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRxqFQoTCICihqGgksgCFaQW2wodokcBpA&url=https://transferwise.com/blog/2013-10/the-money-transfer-revolution-goes-underground/&psig=AFQjCNHJ556lfKGCJq_ODtHUyfsVi5GxHQ&ust=1443272325235326

https://www.google.be/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRxqFQoTCIuhrPegksgCFS0g2wodYiwNtw&url=https://transferwise.com/blog/2014-02/youre-being-scammed-and-were-telling-london-again/&psig=AFQjCNHJ556lfKGCJq_ODtHUyfsVi5GxHQ&ust=1443272325235326

http://www.google.be/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRxqFQoTCKCz--KhksgCFUdK2wodeX8B9g&url=http://customergauge.com/news/nps-news-insurance-providers-five-year-nps-journey-and-transferwises-promoter-driven-marketing/&psig=AFQjCNHJ556lfKGCJq_ODtHUyfsVi5GxHQ&ust=1443272325235326

http://www.creaturelondon.com/work/transferwise

http://www.google.be/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRxqFQoTCMXly8qiksgCFeQV2wodnVgDQQ&url=http://andrewminalto.com/transferwise/&psig=AFQjCNHJ556lfKGCJq_ODtHUyfsVi5GxHQ&ust=1443272325235326


THEIR PLAN OF ATTACK


FINTECH VENTURES

> 1100 relevant companies Active across 53 countries $20 billion


HOW DO YOU EAT AN ELEPHANT? BANK


30+ FINTECH UNICORNS


NEW TYPES OF PARTNERSHIPS EMERGE

21

Digital Giants

Fintech Startups

Traditional Banks

Google & Lending Club Alibaba & Lending Club Apple & Banks (Apple Pay)

BNPPF & Google, Facebook, LinkedIn, Twitter

Santander & Funding Circle RBS & Funding Circle BBVA & Simple BBVA & Dwolla


http://www.google.be/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRxqFQoTCMnj7N6rksgCFQSz2wodHK4Gow&url=http://labs.sogeti.com/how-fintech-companies-disrupt-banking/&psig=AFQjCNFFNpGmzRA1XZmjquluXByZcCJNcg&ust=1443275004228186


BUILD VALUE-ADDING PARTNERSHIPS

Retail

Travel

Telco

Mobility

Energy Healthcare

Cities

http://www.google.be/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRxqFQoTCOnZ1oSAzcgCFYtbFAodGfcBkw&url=http://www.travelagentjobs.co/webinar/&bvm=bv.105454873,d.d24&psig=AFQjCNFAQgQ9WDOO1eUYMkBIoQ2kXYQ64g&ust=1445291354090914


THANK YOU !

E-Mail: [email protected] LinkedIn: www.linkedin.com/pub/bjorn-cumps Twitter: @bjorncumps

Bjorn Cumps, PhD Professor of Management Practice

fintech session introduction/media/corporate/pdf... · 1. the rise of crowdfunding – threat or...

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