1. FINTECH: OVERVIEW
Albert Wang
CTO, LionRock FinTech

3. SO, WHAT’S FINTECH?
▸ Finance + Technology
▸ “New financial industry that applies technology
to improve financial activities”
▸ Technologies, Methodologies, Companies,
Business Models, New Services …

4. NUMBERS

5. NUMBERS
‣ 26 Unicorns
‣ # Source: CBInsights

6. FINTECH UNIVERSE
Payments
InvestmentsInsurTech
P2P Lending
Digital Banking
Crowdfunding
FinTech
Blockchain/
Cryptocurrency
RegTech

7. INFRASTRUCTURE & KEY TECH
Cloud Computing AI, ML Mobile Computing
IoT Cyber-Security
Blockchain &
Cryptocurrency
Data Science &
Analytics
AR
API Movement
VR

8. U.S. PATENTS RELATED TO FINTECH (2015)

9. PAYMENTS

10. WOULD YOU LIKE TO SEE IT ONE MORE
TIME? YOU MAY HAVE BLINKED AND
MISSED IT.
Tim Cook, 2014

11. PAYMENTS
All-in-OneMobile PaymentsOnline Payments POS Payments

12. HOW DOES APPLE PAY WORK?
▸ No credit card information is
ever stored on iPhone or
Apple servers (even in
encrypted form).
▸ EMV Payment Tokenization

13. TOKENIZATION

14. CASHLESS PAYMENT, AND BEYOND …

15. DIGITAL BANKING

16. BANKING IS NECESSARY, BUT BANKS
ARE NOT.
Bill Gates, 1994

17. STILL BANKING, BUT BETTER
▸ Money Deposits,
Withdrawals, and Transfers
▸ Checking/Saving Account
Management
▸ Applying for Financial
Products
▸ Loan Management
▸ Bill Pay
▸ Account Services

18. LEADING PLAYERS
Digital Banking Virtual Banking 3-party Platforms/Vendors

19. INVESTMENTS

20. DIGITAL WEALTH MANAGEMENT EVOLUTION
▸ Online portfolio
management solution that
aims to invest client assets
by automating client
advisory.

21. ROBO-ADVISORS: KEY TECHS
Advice/Engagement Asset Management
‣ Interactive UX
‣ Chatbot
‣ NPL
‣ Voice Recognition
‣ eKYC
‣ User Profiling
‣ eSignature/Contracts
‣ Model Management
‣ Big Data
‣ Machine Learning
‣ Artificial Intelligence
Data Platform

22. CROWDFUNDING

23. DON’T EVER UNDERESTIMATE WHAT ONE
PERSON’S GENEROSITY WILL DO.
Raise the Roof

24. CROWDFUNDING MODELS
Source: FATBit
‣ Reward-based Model
‣ Donation-based Model
‣ Lending-based Model
‣ Equity-based Model

25. P2P LENDING

26. P2P LENDING

27. P2P LENDING - KEY TECHS
Source: PwC

28. BLOCKCHAIN /
CRYPTOCURRENCY

29. VIRES IN NUMERIS.
STRENGTH IN NUMBERS.
BitCoin Motto

30. BLOCKCHAIN EXPLAINED
▸ Decentralized
▸ Digitalized
▸ Cryptographically Sealed
▸ Consensus-based
▸ Chronological &
Timestamped

31. BLOCKCHAIN STRUCTURE

32. IOTA - TANGLE (DAG)
‣ Scalability (500-800 TPS)
‣ Fee-less
‣ IoT Friendly

33. BROADER APPLICATIONS

34. INSURANCE TECH

35. INSURTECH ECOSYSTEM
Blockchain
Machine
Learning
IoT
Big Data

36. INSURTECH ECOSYSTEM - CHINA

37. REGULATION TECH

38. WE THE PEOPLE WANT OUR MONEY
SAFER THAN OUR SELFIES.
PayPal, 2014

39. REGULATION TECH

40. Questions?