think fast, brilliant & connected - introduction & welcome
TRANSCRIPT
FAST, BRILLIANT & CONNECTED
VP OF PRODUCT DEVELOPMENT, CO-OP FINANCIAL SERVICES
HANSENLOIS
2015: YEAR OF MOBILE
NUMBER OF MOBILE DEVICES
WORLDWIDE
NUMBER OF HUMANS
WORLDWIDE
MOBILE, MOBILE EVERYWHERE
OF CONSUMERS OWN A
MOBILE PHONE90%
OF CONSUMERS OWN A
TABLET30%
CREDIT UNION MEMBERS MOBILIZE
WHAT IS FAST, BRILLIANT & CONNECTED?
FAST + BRILLIANT
5 LIFE PROBLEMS SOLVED BY APP
LIFE PROBLEMS SOLVED BY APP 5
MILLENNIALS ON FAST & BRILLIANT
MOBILE MISGIVINGS
Smartphones are always within reach. They are the first place consumers go to communicate, research and share. As of last year, mobile platforms accounted for 60% of total time spent on digital media, according to ComScore.
BRIAN SOLISPrincipal Analyst, Altimeter Group
(in AdAge)
MOBILE STANDS ALONE
WHERE’S THE OPPORTUNITY?
WHERE IS THE OPPORTUNITY?
51PERCENT
OF SMARTPHONE OWNERS WOULD CONFIRM A PURCHASE
BY TEXT ALERT
CONSUMERS AND MOBILE PAYMENTS
WOULD SWIPE CARD ON A MOBILE CARD READER
32PERCENT
WOULD DO A MOBILE MONEY TRANSFER
41PERCENT
WOULD REPLACE THEIR CARDS WITH A MOBILE WALLET
43PERCENT
WHERE IS THE OPPORTUNITY?CONSUMERS AND MOBILE PAYMENTS
88PERCENT
OF CONSUMERS SENT MONEY TO OTHER CONSUMERS IN THE
PAST 12 MONTHS
31PERCENT
OF THESE USED AN ONLINE METHOD
(CUNA E-SCAN)
MORE THAN HALFOF GLOBAL BUSINESS PROFESSIONALS
USE MOBILE PHONES FOR PAYMENT TRANSACTIONS(TIMETRIC)
YOUR MOBILE IMAGEMOBILE IS THE TOP CHANNEL FOR MEMBER ENGAGEMENT WITH MORE THAN 1 MILLION MOBILE TRANSACTIONS PER DAY
Source: CUNA E-Scan
OFFER MOBILE BANKING
58%26%
PLAN TO WITHINTWO YEARS
30%
SAY MORE THAN HALF OF CHECKING ACCOUNT
HOLDERS HAVE ONLINE BANKING
AMONG CREDIT UNIONS
MORE WAYS TO PAY?
Source: CUNA E-Scan
BILL PAY
PAY BILLERSSERVICE PROVIDERS
57% OR 58% BILL PAYMENTS NOW
MADE ELECTRONICALLY
PAY YOURSELF PAY OTHERS
P2P TRANSFERS
RDC
$900 BILLIONIN P2P EXCHANGES
LEVERAGE DATAPAY MERCHANTS
MOBILE WALLETS
150DIFFERENT WALLETS IN THE MARKETPLACE
LOOK FOR CHANGE
P2P PAYMENTS
CONTINUES TO GROW
NEW ALTERNATIVES
CONTINUED INNOVATION
GROWTH
WHAT PROBLEMS DO YOUR APPS SOLVE?
I OWE YOU.
WHAT’S MY CARD BEEN UP TO?
WHAT? NO WALLET? TOKENIZATION
WHAT’S MY BALANCE? CO-OP MOBILE
PAY MY BILLS. CO-OP BILL PAY
CO-OP MOBILE
RE-INTRODUCING: CO-OP MOBILE
Source: CUNA E-Scan
NEW LOOK AND FEEL
CUSTOM BRANDING FOR IPHONE AND ANDROID
REAL-TIME P2P PAYMENTS WITH REALPAY
MOBILE BANKINGACCOUNT TO ACCOUNT TRANSFERSACCOUNT HISTORYREMOTE DEPOSIT CAPTURE
REALPAY BY CO-OP
REAL-TIME, PAY-ANYONE, PERSON-TO-PERSON PAYMENT NETWORK
FLEXIBLE SOLUTION AVAILABLE THREE WAYS:STANDALONE API TO INTEGRATE WITH YOUR OWN APPINTEGRATED WITH SPRIGSM BY CO-OP APPINTEGRATED WITH CU-BRANDABLE CO-OP MOBILE
REALPAY BY CO-OPCARDNAV BY CO-OP
BILL PAY
MOBILE RDC
MORE TO
COME
MEMBER REWARDS
BY CO-OP
List/Illustrate the suite of API’s that CO-OP offers/will be offering:RealPay by CO-OPCardNav by CO-OPBill PayMobile RDCMember Rewards by CO-OPPlus more to come(Visually maybe we can show an iPhone with circles around it representing each of these products with arrows pointing to the phone showing how these can plug in)
QUESTIONS?