An overview of key FINTECH and INSURTECH developments in UK Financial Services. Examines banking, insurance, Blockchain, mobile, how much money is being invested in FINTECH

1. Latest developments
Nick Baker

2. Fin Tech
Start Ups
Global
Investment
2014
2015$6.7BN
$13.8BN
Blockchain & Bitcoin
$474M
Latest
Developments
Overview
FINTECH Investment
Source: Accenture report 2015
2008
$930M

3. Latest
Developments
Overview
FINTECH
Disruption

4. Latest
Developments
Overview
The 4th revolution is on its way

5. Transformation Disruption
Fintech
Insurtech
BAU
Latest
Developments
Overview
Evolution

6. Digital BAU
Banking
Protection Investments
InsuranceOnline banking
Mobile banking
Data aggregation
Buy online
Price comparison
Adviser portals
Buy online
Price comparison
Broker portals
D2C investments
Online share dealing
Platforms
Latest
Developments
Overview

7. Digital Transformation
Banking
Protection
Investments
Insurance
Digitisation of processes
Straight through processing
Aggregated underwriting
Buy online
Claims
Self service
Telematics
Social investment
Platform – Adviser back
office integration
Real time credit scoring
Online mortgage processing
Single customer views
Account aggregation
In branch remote interviews
Latest
Developments
Overview
Digitisation of processes

8. Latest
Developments
Overview
Fintech - digital disruption
Crowd funding
Virtual currencies
Big data insights
Wealth Management
Investment dashboard
Robo –advice
Super platform
Remote advice

9. Digital Disruption FINTECH
Peer to peer
lending
Crowd fundingDigital wallets Virtual currenciesPeer to peer
payments
Mobile
POS
Dynamic credit risk
pricing
Latest
Developments
Overview
Personal
Finance

10. Digital Disruption BLOCKCHAINLatest
Developments
Overview
before
after
Intermediary such as bank verifies transaction
Validation by
consensus

11. Digital Disruption - Banking
The rise of digital and how UK banks have
responded
Unbundling and
rebundling
Latest
Developments
Overview

12. Banking
Digital DisruptionLatest
Developments
Overview

13. Insurtech – digital disruptionLatest
Developments
Overview
Simplification
New distribution models
Continuous engagement apps
P2P Insurance
Connected
homes
Big data

14. InternationalLatest
Developments
Overview
Africa 400m smart
phone users– value
exchange via mobile
25% have mobile
wallet – Kenya 58%
have mobile wallet
Turkey, India, Poland, Spain
All using latest
tech…not aware of
legacy issues

15. Google activityLatest
Developments
Overview

16. FacebookLatest
Developments
Overview

17. Looking forwardLatest
Developments
Overview
Fintech top 50
London under pressure –
lose Fintech crown?
More tech leadership in the
boardroom
More innovation