Module 7: Fintech: CRB 2020 Ruqayya Alwan - Noura Al Ali - Nujood Alnuami - Alya Alzaabi
Module 7: Fintech: CRB 2020 Ruqayya Alwan - Noura Al Ali - Nujood Alnuami - Alya Alzaabi
Module 7: Fintech: CRB 2020 Ruqayya Alwan - Noura Al Ali - Nujood Alnuami - Alya Alzaabi
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.
We expect so many trends in the coming year that it’s just impossible to list them all.
https://www.paramlabs.com/
THANK
YOU