FINTECH K31

March 25, 2020 (Thursday)

Toledo, N.
Department of Financial Management, De La Salle University
AGENDA

• Sharing and recap

• Technology Disruptions Enabling FinTech (Pt. 1)
• Next Meeting Overview
Recap

• Reshaping of the Financial Services Sector (Pt. 1)

• Payments

• Digital Wallets

• Lending

• Reshaping of there Financial Services Sector (Pt. 2)

• Wealth Management

• Insurance

• Group Mini Case-Study

• Next Meeting Overview

Wealth Management Industry
Disruptions
The wealth management industry has been the third industry after the lending
and payment industry, that has been disrupted the most by FinTechs

Image source: Gomedici 3

Insurance Industry
Disruptions

• Customised Insurance Policy

• Small Business Insurance

• Claims Management

Image source: fintechnews.sg 5

Reminders

• Long Quiz 1 on “Modules 1 & 2” on Tuesday, March 23, 2021

• Holiday on April 1 (Holy Thursday)

• 9th and 12th week are independent learning week

• Guest lecturer for Blockchain and AI

Image source: fintechnews.sg 7

Reminders

• Long Quiz 1 on “Modules 1 & 2” on Tuesday, March 23, 2021

• Holiday on April 1 (Holy Thursday)

• 9th and 12th week are independent learning week

• Guest lecturer for Blockchain and AI

Image source: fintechnews.sg 7

 FinTech
Technology Disruptions Enabling FinTech Pt. 1

Toledo, N.
Disruptions Enabling FinTech Innovations
Overview

• Computing capability

• High networks speed

• Mobile devices

• Sensors

• Embedded devices

• IoT

• API-fication

• Blockchain
9
1G to 5G Networks

• 1G, 2G, 3G, and 4G networks (differences and

development)

• Capability of the telecom industry to transmit

information at high speed

Infographic source: UC San Diego 10

1G to 5G Networks
1G

• 1987 to 1991

• analog telecommunications

• Voice signals were only modified

to a higher frequency

• Single channel for sending and

receiving

• Not secure as anybody with an Marty Cooper, inventor of 1st cellular phones

all-band radio receiver could

easily listen into the conversations
Image source: forbes.com 11
1G to 5G Networks
2G

• 1991 to 2001

• Digital transmissions

• Conversations were encrypted

• Share channels dynamically

• Required more class in an area

• SMS and GSM

• GPRS
Image source: fintechnews.sg 12
1G to 5G Networks
3G

• 2001 to 2009

• Digital; voice, internet access, video calls and

television in a mobile environment

• Bandwidth of 144 kbps to 2 mbps, uses only

when needed

• Data is broken down to smaller packets

• Connectionless communication mechanism

• Data charges lower

• 3G networks to transfer multimedia messages

[i.e., videos, photos, etc, besides text using the
multimedia messaging service (MMS)]
Image source: aliexpress.com; ph.price.com ; phys.org; theregister.com
13
1G to 5G Networks
4G

• 2010 to 2019

• Data transmission speed to 100

mbps for high-mobility
communication zones and 1 gbps in HTC EVO 4G, the frist 4G android phone

a low-mobility communication
zones

• Seamless connectivity across

multiple technologies

• LTE
Apple’s iPhone 5, the frist 4G iOS phone
Image source 1: theverge.com 14
Image source 2: ibtimes.com
1G to 5G Networks
5G

• 2019 and beyond

• faster data rates, higher

connection density,
much lower latency,
among other
improvements.

• 5G mobile technology
can usher in new
immersive experiences
such as VR and AR

15
Image source 1: lifework.com Image source 2: cnbc.com
1G to 5G Networks

• Race between US, China, South

Korea, and Japan

• To develop critical applications,

including artificial intelligence,
autonomous transportation, virtual
reality, real-time healthcare, and
Industry 4.0 manufacturing technology

Infographic source 1: lteconference 16

What is this?

Image source : wikipedia 17

Source: datareportal.com
Mobile Applications and Smartphones

• Merita Bank of Finland, first • iPhone App for the Orange

mobile phone-based banking Credit Card
service
Image source: fintechnews.sg
Image source: braclay.com 19
Mobile Applications and Smartphones

• Google Unveils Google Wallet

Image source: techcrunch.com

20
Mobile Applications and Smartphones
Transforming the Customer Experience

Image source: bluebite.com 21

Mobile Applications and Smartphones
Transforming the Customer Experience

Image source: ecom-ex.com 22

Mobile Applications and Smartphones
Transforming the Customer

Image source: bluetooth.com 23

Mobile Applications and Smartphones
App Stores Helping FinTechs Expand Globally

Image source: businessofapps.com

Image source: vulcanpost.com 24
Major sources

Arjunwadkar, P. (2018). FinTech: The Technology Driving Disruption in the Financial Services Industry. CRC Press.

FinTech Alliance.ph. (2020). The Philipines FinTech Report 2020. FinTech Philippines fintechnews.ph and fintechnews.sg

Rockman, S. (2018). ETACS Technology Is 1G. Retrieved from https://www.forbes.com/sites/simonrockman1/2018/08/14/etacs-

technology-is-1g/?sh=3420837a5afd

Blue Bite. (2020). QR vs NFC. Retrieved from https://www.bluebite.com/nfc/qr-vs-nfc

25
 FinTech
Technology Disruptions Enabling FinTech (Pt. 1)

Toledo, N.
 GROUPINGS
Group 1 Group 2 Group 3 Group 4 Group 5 Group 6

Mary Khristine Bea Llana Artates,

Juan Alianne Alfonso John Reyes (Leader) Waxx Navales Princess

Angelique De Leah Beatrice

Leon Katherine Batto Audrey See Jan Gavin Go Tagabucba Dabatos, Mary

Gillian
Santino Palacios Carbonilla Shaila Sy Reignard Uy Joaquin Sese Edralin, Dazle

Dane Amil Vera Lacandili Issey Tan Aaron Yaneza Regine Torres Rivera, Isabelle

Tenorio,
Reynalyn

Fintech Introduction
Reminders

1) Next Discussion: Technologies Enabling FinTech Innovations Part 2

Additional:

2) Watch: “Kids creating the future bank by Chris Skinner, TED Talk” on https://www.youtube.com/
watch?v=YzmvQ2vVe1s

3) Read: Does 5G pose health risks?, BBC news article, https://www.bbc.com/news/world-

europe-48616174
Questions/Concerns

AnimoSpace, discussion threads

nissa.toledo@dlsu.edu.ph

Sharing about the In-Class Group Exercise..

Exit Ticket

Answer the following four (4) questions below (answer to each question should be approx.
200-250 words).

1. How did FinTech systematise the payment process? What is the difference between a
payment gateway and a payment aggregator?

2. How does onboarding and KYC work in digital wallets?

3. What does it mean to provide services to the unbanked population?

4. How has Fintech disrupted the wealth management industry and the insurance industry?

Kindly upload via AnimoSpace, deadline on March 18 (Thursday), 4:00 pm.

Questions/Concerns

AnimoSpace, discussion threads

nissa.toledo@dlsu.edu.ph