Digital Banking and Fintech 2.0
What is The FinTech Revolution, qualitative and quantitative definitions, why bankers have to pay attention?
Why even the best banks struggle becoming digitally native?
How Challenger Banks, Neo-Banks, Digital-Only Banks, Smartphone-Only-Banks can reach economy of scale?
How can vs how should banks invest into FinTech?
Smartphone: the center of attention and the center of ambivalence
Biometrics: The technical solution is more than ready, the question is not ‘if’, but ‘when’ and ‘which version’
TARGET GROUP
Top management and Mid management and IT, Retail, Digital Channels, Product Development, Lending, Risk, Strategy, Marketing, Sales, Branch Network, Social Media, SME, Asset/Wealth Management, Back Office, Innovation.
PROGRAM
Day 1: NEW INFRASTRUCTURE AND MARKET STRUCTURE
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09:00 09:30 |
Welcome, Introduction and Warmup
Definition and History: Centralized versus Distributed Ledgers, The 7Ps of Blockchain Evolution, Public versus Private Ledgers 10 Phases of Blockchain Demonstration: Hash, Block, Blockchain, DLT, Value, Value Base, Public Key, Private Key, Signature, Integration Use Cases: 30 use cases of Blockchain in banking, key use cases beyond banking, Group Exercise: Use Case Prediction |
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10:45 |
2. Blockchain and Distributed Ledger Technologies 2.0 Interbank Money Transfer: SWIFT, R3 Alliance, Ripple Labs and beyond, Blockchain Based Remittances Identity on Blockchain: New Banking from Denmark, KYC Chain and Block Pass from Hong Kong Smart Contracts: Definition, Characteristics, Roles, How banks and bankers can profit, How lawyers can remain relevant Central Banks and Blockchain Projects: Federal Reserve, Bank of England and others |
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12:30 |
Lunch |
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13:30 |
3. Open Banking: From Concept to Reality in the UK The Firsts Steps: Competition and Markets Authority, Open Banking Implementation Entity The Second Steps: Research, Standards, Participants Turning Point: 1st January, 2018 and the 20 Registered 3rd Parties Case Studies of UK Open Banking 3rd Parties: Bud, Credit Data Research, MoneyBox, Flux Systems, GiffGaff, Yolt, MoneyHub |
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15:15 |
4. The Payments Services Directive 2 and Beyond 10 Years of history: From SEPA to PSD2 XS2A: The key aspect of PSD2 and why it is dangerous Leading Global Experts on PSD2: 3rd Parties, Negative Data-Spirals, D-Day in 3rd Party Banking RTSs: Regulatory Technical Standards, NextGenPSD2 by Berlin Group, STET, Polish API Alliance The World of API Developer Portals: Credit Agricole, Capital One, HSBC, BBVA, Standard Chartered, Nordea, OCBC, Monzo & Fidor |
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Day 2: NEW RISKS ARISING
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09:00 |
Refreshing Day One and Warmup |
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09:30 |
5. Digital Currencies Lessons from Monetary History: A 17th Century Crisis, Ken Rogoff – The Curse of Cash, AML, KYC, Compliance BitCoin: Nakamoto, Bitcoin Foundation, PayPal’s Attempts for Currency Secondary Coins: Ether, LiteCoin, DashCoin, XRP by Ripple Key Cryptocurrency Concepts: ICOs, ABCs, Crypto ATMs Central Bank Digital Currency: Sweden, Thailand, South Africa, Ireland; Commercial Bank Digital Currencies |
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10:45 |
6. Big Data, RiskTech and Ecosystems Social Media Credit Scoring: Friendly Score, Sesame Credit, Kabbage Loyalty: Informal Networks, Vodafone, Alpha Rank Insurance: Telematics by Smartbox, Vitality Payments and Beyond: YouPay, RiskIdent, BehavioSec, GDPR Risk Management Technologies: Rapid Ratings, Environmental Rating Agency, Sigma Ratings, NetGuardians, Risk Dashboards Digital Ecosystems: WeChat, JD Finance, Discovery, Ant Financial, Starling Bank, Platformification |
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12:30 |
Lunch |
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13:30 |
7. Roboadvisors and AI Propelled Banking Channels Roboadvisors: Key trends in ‘WealthTech’, From 1st Gen of Roboadvisors (the Hybrid Model) to 2nd Gen (Microsavings), Roboadvisory Paradox; Market forecast advisors (AlpacaJapan, AlgoDynamix) Understanding AI in Banking: AI versus Automation, Front/Middle/Back Office AI Applications, Human vs Machine Intelligence in Banking Voice Banking: Alexa, Siri, Cortana, Google Assistant Chat Banking: Monese, Kasisto, Finn AI, Chatbots by Sociodemography New Frontiers: NLP in Banking, Emotional Analysis |
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15:15 |
8. Summary Concepts Tools Trends ‘To-Do’s Resources Evaluation and Termination of the Seminar |
TRAINER: Mr David Gyori
CEO of Banking Reports (London), Co-Author of ‘The FINTECH Book’(international best seller published by Wiley & Sons), Judge of the European FinTech Awards (Amsterdam), Founding Member of the World FinTech Association (Seoul), Featured Writer of Finance Magnates (Tel Aviv).
COURSE FEE:
APB member: 900€
Non-members: 1 035€
LOCATION: To be defined