Short presentation about figo: How the financial ID for the end user and a powerful banking API will foster innovation in the financial service industry!

1. 1
04.03.2015 - Hamburg

2. ‣ 2
Freedom for financial data!

3. 3
Financial data of more than
500,000,000
online banking users is locked in silos.

4. 4
That’s your data!
We help you to disengage them.

5. 5
We are breaking your
financial silos and free
trapped data.

6. 6
We give you control of
your financial data.

7. 7
We protect the data
from unwanted access
and prevent new silos.

8. 8
We enable you to use
your financial data
wherever it is desired.

9. 9
Why is this not possible
today?

10. Intentional data silos and different logins everywhere
Status quo
10
Old
Bank
Wallet
FinTechNew
bank
Not
possible!
Not
possible!
Notpossible!
Not
possible!

11. Solution: financial ID
11
User accesses data
through a central
financial ID
User- & Access Management
Metadata Enrichment
Realtime sync & Notifications
Sync across devices & services
Smart Data
Partner connects
financial ID
via REST-API
Hosted in a German
Bank Data Center
Financial Data‣ Banks‣ Creditcards‣ Wallets‣ Cryptocurrencies‣ Broker

12. One financial login and smart data full of context
Aggregate and access
12
Mobile
banking
Wallets/
payment
P2P
payment
Customer
identification
Loyalty
Services
Insurance
apps
Tools for
SMEs
…
…
Personal tax
service
Expenditure
tool
Wearable
banking
Switch Bank
Account Tool
Wealth
management
Scan and
Pay
existing Use-Cases based on figo
Toolkit for
Banks
Risk
Management
Use your financial ID in
various services and bring
data bi-directional together
financial ID

13. Status
0
40
80
120
160
Aug 14 Okt 14 Dez 14 Feb 14
figo Partner: +135% (since Nov 2014) In the middle of FinTech
‣ figo is connected to >99% banks, credit cards,
fintechs, wallets …
‣ figo is well-known and stands for API-banking, account
aggregation and innovation
‣ Established a developer community: 150+ developer
teams (+10% per month)

14. figo is already the backbone of well-known companies
Selection of live use cases
14
Banking Apps Bank transfer for p2p
payment
Scoring and Identity
Banks
figo
Open position
management
Cross selling Scan and pay /
Travel-Expenses
Online payments

15. 15
Use case: Scan and Pay

16. 16
Use case: Smart Banking

17. 17
Use case: Real time scoring

18. 18
Thank you!
Adress: figo GmbH, Burchardstr. 21, 20095 Hamburg
Postbox: figo GmbH, Eifflerstr. 43, 22769 Hamburg
contact@figo.me
www.bankathon.net
figo goes to Berlin
Vorstellung figo API für Developer
11. März – 15:00 – 17:00 Uhr
Wo: Betahaus Berlin
http://figo.io/trip.html