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BUSINESS AND ETHICS

FINAL
PRESENTATION
GROUP
MEMBERS

Tahreen

Fatima(L1F21BBAM0944)

Fatima

Rumman(L1F21BBAM0897)

Mishaal (L1F21BBAM0557)
CONTENTS

Overview of i2c
Management of i2c
Ethical Issues of i2c
Innovation
Competitors and Substitutes
Impact of Covid-19 in i2c
SWOT Analysis
Conclusion
OVERVIEW OF
i2c
i2c Inc. is a Fin Tech company which was
established in 2001.

It offers a broad range of payments and digital


banking products.

i2c comprises of 1200 full-time working


employees.

i2c has multiple operating centers located in


Omaha, Montreal, California, Virginia and Lahore.
MANAGEMENT IN
i2c
Planning Amir is the founder and CEO of i2c,
he, along with the top level
management are responsible for
developing the company's vision and
strategic direction.

Organizing Recognizes the tasks


Division of work
Departmentalization
Delegation (IT, Product, Finance,
Marketing etc.)
MANAGEMENT IN
i2c
Leading Financial motivations:-
bonus, insurance and loan facilities.
Non-financial motivations :-
job security, organizing tours,
promotion, a day care centre owned
by them, a highly equipped gym etc.

Controlling i2c frequently analyzes the risks of


Fin Tech to reduce the diversions
towards the final outcome.
ETHICAL ISSUES OF
i2c
Ethical issue:
i2c’s senior managers had been showing his personal anger
towards his employees for a long period of time.

Key measures taken to resolve:


The board of directors decided to fire the senior manager from
the company.

Type:
Fiduciary or employee responsibility.
INNOVATIONS
i2c pushes innovation in the global digital
payments and banking business.
Year Innovations
2001 Payments Processing Platform
2003 Multi-Pursing and Mobile Wallet Support
2007 Transaction Processing for Entitlements
2008 Settlement and Reconciliation
2008 Real-Time Digital Couponing(i-Coupons)
2011 Loyalty and Marketing Solution
2012 Next-Generation Multi-Pursing and Multi-
Currency
2013 Mobile Wallet
2014 Consumer and SMB Credit Solutions
2015 Credit Innovations for SMBs
2016 Expanded Card Controls and Alerts
2016 Multi-Currency Debit
2017 Financial Institution Enterprise Data Analytics
COMPETITORS AND
SUBSTITUTES
Competitors:
i2c being a Fin Tech company has competitors
such as Nayapay, Sadapay, Finja, Keenu etc.
However, i2c states that they have a less amount
of threat from their competitors since they are
smaller compaies than i2c.

Sustitutes:
i2c cannot be replaced with other companies due
to the products and services it offers.
THE IMPACT OF COVID-19
IN i2c
Fin Tech companies were not affected by Covid-19
financially and economically.

i2c recruited 200 employees during covid-19.

Created virtual connections between the bank and


customers.

The existence of Work from Home, Work in the


work place and a mixture of both.

The employee behavior after covid-19.


SWOT ANALYSIS
Strengths Weaknesses
Highly automated systems High cost structure
Highly innovative Involved with sensitive
information
Success in entering new
markets
Culture of i2c
Values of i2c
Opportunity Threat
There are no substitutes for i2c Rapid technological change
Expanded product mix Hacking/lost of data
Comparatively less competition Unpredictable trends and
disruption
CONCLUSIO
N
THANK YOU

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