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Module 7: Fintech: CRB 2020 Ruqayya Alwan - Noura Al Ali - Nujood Alnuami - Alya Alzaabi

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MODULE 7 : FINTECH

CRB 2020
RUQAYYA ALWAN – NOURA AL ALI - NUJOOD ALNUAMI – ALYA
ALZAABI
FINANCIAL TECHNOLOGY
• Financial technology (Fintech) is used to describe new tech that seeks to
improve and automate the delivery and use of financial services.
USE CASE
Products are something you can sell or buy, make or lend.

Platforms are ways of enabling one product to work with other products.

Platform : Product :
Design platform is designed designed keeping only
keeping both producers and consumers
consumers
Value Creation platform creates an create customer value.
ecosystem 
Revenue Stream  single revenue stream   platforms have many
revenue stream 
WHY SHOULD A PLATFORM BE BUILT?

• innovative 
• Faster Response Time 
• Lesser Risk 
• Huge Customer Base 
• Increased Brand Awareness
MOBILE BANKING & E-WALLETS

mobile app on
phones / watches Monitoring and
P2P payments P2B Payments Authentication
and tablet   data encryption
SAMSUNG PAY :

It’s a mobile payment system that lets you use your smartphone to pay at retail
stores around the world.
lets them leave their plastic cards behind and use their phone to make payments
as well.
It is safer than having a physical card because it doesn’t actually store the actual
card number.

MST-Magnetic Secure Transaction and NFC- Near Field Communication


COMPETITOR STUDY :

Samsung Pay on RAKBANK ATMs - A first for UAE (Blue ocean )

Samsung Pay on Emirates NBD (Red ocean )


THE MOST PROMISING TECHNOLOGY:

The ongoing development of technology directly influences everything we do and transforms


every sphere of our life.

We expect so many trends in the coming year that it’s just impossible to list them all.

Internet of things is the extension of Internet connectivity into physical devices and


everyday objects
INTERNET OF
THINGS
INTERNET OF THINGS BENEFITS.
DUBAI TECHNOLOGY ENTREPRENEUR
CAMPUS
• The largest tech startup coworking campus in the Middle East

• Dtec is an integrated entrepreneurial ecosystem that provides


everything you need to set up a new business in Dubai.
get help with
company join our events
Dtec is the best
Find a great formation in to learn and
place to get
coworking Dubai and meet with
UAE startups on
space, register it other
their feet.
within a Dubai entrepreneurs.
free zone,
DTEC TOUR
• Startup 1: CoverBatch (insurance)

• Startup 2: Tushar Thakker – analyser (

https://www.paramlabs.com/
THANK
YOU

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