Championing Banking Transformation in The Fintech Revolution
SEIZING NOVEL OPPORTUNITIES IN THE UPCOMING BANKING DISRUPTION
Donny Prasetya
700 YEARS AGO
2015
EVERYONE WANTS TO BE IN THE BANKING WITHOUT ACTUALY BEING A BANK!
IT IS NOT JUST THE OTHER BANKS ANYMORE: THE NEW REALITY OF BANKING COMPETITION
Source: Thomas J. Loverro
“Banking is necessary, Banks are not”
~ Bill Gates, 1997
“7% of Total Banking Profit in the US is at risk (2014) and increasing in the next 5-10 years due to the P2P innovations” ~ Goldman Sachs, 2014
+ $1.000
P2P LENDING: AN INNOVATION?
A PAGE FROM THE
UBER BOOK
?
1975-2009
?
2009 - 2014
2015
LESSON 1:
MORE THAN EVER, FOCUS ON YOUR CUSTOMERS’ EXPERIENCE
LESSON 2:
THINK OF PLATFORM BASED SOLUTIONS
LESSON 3:
EASIER SAID THAN DONE, BUT NEW CAPABILITIES MATTER…
A LOT!
DISPLACED DIMINISHED DISINTERMEDIATED
Shift of the customers’ preference toward superior service experience and lower price point
Will Bank follows the fate of MNOs and lost the ownership of their customer?
Much lower margin, becoming commoditized service
THE PERILS THAT THREATENING BANKS
I AM NOT EVEN TRYING TO MAKING THIS UP
GOOD LUCK!