12 december 2014, holland fintech meet up friday - abn amro
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Holland FinTech ���FinTechCity ���Adyen ���BookOptionsInvoiceSharing ���CleverCoin���Quiver ���Trefi
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www.startupfriday.nl
• Banks are all the same • Preferring Google, Amazon or Paypal • Like a root canal
Millenials
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“Customer behavior is changing
and, like we’ve seen in the
publishing and music industries,
digitalization is taking over.
Banks need to accept this.” Brett King, auteur en oprichter Moven(bank)
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Sensing urgency
From bureaucratic hierarchies to technology driven networks Unbundling of everything We are all connected, all the time (Fred Wilson)
Disruption=Finruption
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What is our competition? Do we compete or do we partner? • Traditional banks? • Internet corporates • Fintech startups
Direction of competition
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• Transforming to new business models • Experiment with new revenue models • Cannibalizing is good
Embrace
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4. Business as unusual
3. Re-inventing our business
Rad
ica
l In
cre
me
nta
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Current business New Business
2. Making new and better things
1. Making things better
• Changing innovation culture of ABN AMRO • Exploring new business models in our coporate garage • Act like a startup and partner
Innovation Centre
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“It’s about building bridges: fintech ecosystem”
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“From Silicon Valley, to New York, to London…”
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“…to Amsterdam!”
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Fintech events: 16-12 Efinancials 29-01 Fintech50 London 30-01 StartupFriday19-02 Dutch Fintech SMO21-04 Dutch Fintech Awards