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“Chris Skinner: one of the most authoritative voices on Fintech anywhere”

SETH WHEELERFORMER ECONOMICS ADVISORTO THE US PRESIDENT ANDTHE WHTIE HOUSE

“Chris Skinner: one of the most authoritative voices on Fintech anywhere”

SETH WHEELERFORMER ECONOMICS ADVISORTO THE US PRESIDENT ANDTHE WHTIE HOUSE

• What is the ValueWeb?• What technologies are

being used?• Why FinTech is so hot!• The impact upon

financial institutions• The future

5

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How Bitcoin workssender sends bitcoin to receiver and, once validated, the transaction is recorded to the blockchain …

… receiver gets bitcoin from sender and can spend it only after the blockchain confirms transaction

anyone can see the transaction in the blockchain

… and sosender sends anything to receiver and, once validated, the transaction is recorded to the blockchain …

… receiver gets something from sender and can spend it only after the blockchain confirms transaction

anyone can see the transaction in the blockchain

• What is the ValueWeb?• What technologies are

being used?• Why FinTech is so hot!• The impact upon

financial institutions• The future

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Monitise was once one of Britain's hottest fintech companies … but the company always struggled to make a profit, becoming known in the City as a classic "jam tomorrow" company - next year, they said, next year.. The rise of fintech actually hurt Monitise, as it has faced competition from nimbler payment companies like Stripe and Adyen, and giants like Apple and Google.

• What is the ValueWeb?• What technologies are

being used?• Why FinTech is so hot!• The impact upon

financial institutions• The future

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INSURANCE

PAYMENTS

BACK OFFICE[MANUFACTURING]

MIDDLE OFFICE[PROCESSING]

FRONT OFFICE[RETAILING]

WEALTH MANAGEMENT

INVESTMENT BANKING

RETAIL BANKING

WEALTH MANAGEMENT

COMMERCIAL BANKING

INVESTMENT BANKING

INSURANCE

PAYMENTS

BACK OFFICE[MANUFACTURING]

MIDDLE OFFICE[PROCESSING]

FRONT OFFICE[RETAILING]

RETAIL BANKING

WEALTH MANAGEMENT

COMMERCIAL BANKING

INVESTMENT BANKING

INSURANCE

PAYMENTS

BACK OFFICE[MANUFACTURING]

MIDDLE OFFICE[PROCESSING]

FRONT OFFICE[RETAILING]

RETAIL BANKING

WEALTH MANAGEMENT

COMMERCIAL BANKING

INVESTMENT BANKING

INSURANCE

PAYMENTS

BACK OFFICE[MANUFACTURING]

MIDDLE OFFICE[PROCESSING]

FRONT OFFICE[RETAILING]

RETAIL BANKING

WEALTH MANAGEMENT

COMMERCIAL BANKING

INVESTMENT BANKING

INSURANCE

PAYMENTS

BACK OFFICE[MANUFACTURING]

MIDDLE OFFICE[PROCESSING]

FRONT OFFICE[RETAILING]

RETAIL BANKING

WEALTH MANAGEMENT

COMMERCIAL BANKING

INVESTMENT BANKING

INSURANCE

PAYMENTS

BACK OFFICE[MANUFACTURING]

MIDDLE OFFICE[PROCESSING]

FRONT OFFICE[RETAILING]

RETAIL BANKING

WEALTH MANAGEMENT

COMMERCIAL BANKING

INVESTMENT BANKING

INSURANCE

PAYMENTS

BACK OFFICE[MANUFACTURING]

MIDDLE OFFICE[PROCESSING]

FRONT OFFICE[RETAILING]

• What is the ValueWeb?• What technologies are

being used?• Why FinTech is so hot!• The impact upon

financial institutions• The future

69

“Chris Skinner: one of the most authoritative voices on Fintech anywhere”

SETH WHEELERFORMER ECONOMICS ADVISORTO THE US PRESIDENT

email: chris.skinner@fsclub.nettwitter: Chris_Skinnerwebsite: www.chrisskinner.global