This document discusses the potential end of the universal banking model and the challenges banks face from financial technology (Fintech) companies and other new competitors. It notes that $128 billion has been invested globally in Fintech since 2010. It also discusses the opportunities for banks from open banking, partnerships, and generating new revenues from data and personalization, while facing challenges around costs, compliance, loyalty, and long-term revenue sustainability. The document advocates that banks must collaborate to adapt to these changes.

1. Roberto Ferrari - Osservatorio Carte di Credito 2017

3. Fintech: $128 bn invested globally since 2010

4. END OF UNIVERSAL BANKING
MODEL?
1994 2017
The end of universal bank model ?
1994 2017

6. Big global web players moving…

8. New retailing competitors in Europe?….

10. 2016 2018
BankApp 1 BankApp 3BankApp 2 PSP App
PSD2 + Instant Payments. Time of change

11. ?
The challenge from account aggregator..
Value lies in data…..

13. Fonte: Survey Ambrosetti – The connected banking report 2016
“In netto ritardo”“Digitale? Molto importante”
Principali player focalizzati su gestione del
capitale, ristrutturazioni e ricerca di efficienza e
gestione NPL
digital readiness of italian banking .

14. ?

15. Let’s start the fight…

16. Open banking: new competitive models on the go..

17. FinTech startups are not Monsters

18. LONGTERM REVENUES
SUSTAINABILITY?
COSTS
COMPLIANCE
LOYALTY/REPUTATION?
PARTNERSHIPS - OPEN BANKING
NEW BUSINESS - NEW REVENUES
FROM DATA- PERSONALIZATION
UX, BRANDING
There is only one way

19. @matteorizzi 02/09/2017
Banks have to collaborate

20. @ferrarirobtweet