Fin Tech

FinTech:
How it is creating new path for

Financial Services
Prepared By:
Neha Reddy
Kamakshi Tajane
Parimal Maldhure
Basil Reji
Dhanush N
Kaarthik Eshwaran
Sai Kumar Babu
What Is Financial Technology – Fintech?
• Financial technology (Fintech) is used to describe new tech that seeks to

improve and automate the delivery and use of financial services.
• At its core, fintech is utilized to help companies, business owners and
consumers better manage their financial operations, processes, and lives by
utilizing specialized software and algorithms that are used on computers and,
increasingly, smartphones.
• Fintech, the word, is a combination of "financial technology".
PROBLEM SOLVING 4W FRAMEWORK
The 4Ws Tool is a problem framing method that helps
describing and interpreting a problem to arrive at a
problem statement.
• Framing a problem is all about identifying the right

problem to solve and to understand it perfectly.
• By tendency, we often jump into problem-solving
without critically evaluating the problem itself.
• The 4Ws method helps us taking time exploring a
problem space and formulate a problem statement so
you know what we are solving for.
THE METHOD CONSISTS IN ANSWERING QUESTIONS GATHERED IN 4 CATEGORIES:
Who: Who is facing
What: Are you sure it's a
the problem and would
problem? What is the
benefit from its future Where: In which context or Why: Why do you
nature of the problem? Can
solution? Is it possible to situation do people
you explain it simply? How believe it is a problem
narrow them down to a experience the problem?
segment of the population?
do you know it's a
Have you observed the
worth solving? Is it an
problem? What is the acute problem for the
What do you know about problem in context? Can
evidence to support the people experiencing it?
them? Have you validated you describe that context?
problem? Is it openly stated
that the problem is real and How acute?
or unconscious?
can you prove it?
•Data security
TYPES OF •Compliance with Government regulations
PROBLEMS •Lack of Mobile and Tech Expertise
•Blockchain Integration
IN FINTECH •Effective Marketing Tactics to Acquire Customers
•
FISHBONE DIAGRAM
•cause-and-effect
•diagram
By Parimal Maldhure
Identify problem
01 02 03
UNDERSTAND STRATEGIZE IMPLEMENT
what am I looking logical reasoning work on mistakes
for? Pattern recognition
What is the
unknown?
FISHBONE DIAGRAM
• Also called: cause-and-effect diagram, Ishikawa diagram

• This cause analysis tool is considered one of the seven basic
quality tool.
• The fishbone diagram identifies many possible causes for an
effect or problem.
• It can be used to structure a brainstorming session.
• It immediately sorts ideas into useful categories.
WHEN TO USE A FISHBONE DIAGRAM
When identifying When a team’s

possible causes thinking tends to
for a problem fall into ruts
FISHBONE DIAGRAM PROCEDURE
• Agree on a problem statement (effect). Write it at the center
right of the flipchart or whiteboard. Draw a box around it and
draw a horizontal arrow running to it.
• Brainstorm the major categories of causes of the problem. If
this is difficult use generic headings:
Machines
Methods People (manpower) Materials
(equipment)
Environment Measurement
1.Write the categories of causes as branches from the main arrow.
2.Brainstorm all the possible causes of the problem. Ask "Why does
this happen?" As each idea is given, the facilitator writes it as a
branch from the appropriate category. Causes can be written in
several places if they relate to several categories.
3.Again ask "Why does this happen?" about each cause. Write sub-
causes branching off the causes. Continue to ask "Why?" and
generate deeper levels of causes. Layers of branches indicate
causal relationships.
4.When the group runs out of ideas, focus attention to places on the
chart where ideas are few.
System and Subsystems
• Fintech Systems provides the Business Automation System that

will power your company to the next level.
• COMPONENTS :Blockchain, Robo-advisors, Crowdfunding, Big
Data, Peer-to-peer (P2P) lending and intelligent investment
consulting in the financial sector.
• At the beginning of 2019, the Global Fintech market share was
estimated to be worth more than $187 billion.
• With a projected growth of 23% between 2021 and 2025, Fintech
is expected to retain its position as one of the fastest-growing
industries worldwide.
• With growth, however, the industry continues to face a number
of complex challenges including customer expectations, security,
and compliances.
• Consistent revision of global regulations on storing and
transmitting data is one such challenge
Policy-as-Code
• Policy-as-code is an approach that automates governance and policy

enforcement as part of a software delivery workflow.
• Tenichal frame works :
• Infrastructure – for automatic validation and deployment within pipelines,
performance monitoring, alerts, resource limitations, cost optimization,
provisioning, version control, etc.
• Security – policies on data privacy, access control, and infrastructure integrity.
1. Regulatory Compliance – includes external regulatory standards that usually
require adopting Security and Infra best practices.
INFORMATION HIERARCHY
Components Of
Information
System(IS)
1. Computer hardware
2. Computer software
3. Database
4. Network
5. Human resources
1. Computer hardware
The hardware structure depends upon
the type and size of the firm. It
consists of an input and an output
device, operating system, processor,
and media devices.
2. Computer software
Fintech companies brings more tools
which are easy and convenient for use.
• Convenient for the users. Like CRED,
Noe- banking.
3. Database
Database services provide access to full-text newspaper articles, peer-reviewed journal articles, scholarly reports, e-books or e-
journals that pertains to a certain topic.
Accessing stored data like E-newspaper.
4. Network
Networks include communication media, and Network Support. Communication within the
organization. Good level of network and communication in keep these companies sustain.
5.Human resources
Since fintech is a high-end tech companies they need good talented employees. Indian fintech
companies are increasingly finding it difficult to find right talent, with 67 per cent of employers
struggling to meet their critical-level hiring targets.
DIGITAL TRANSFORMATION STRATEGY
DASHBOARD FOR DECISION MAKERS
WHAT IS A DASHBOARD ?
A dashboard is a type of graphical user interface which often provides at
a glance views of key performance indicators relevant to a particular
objective or business process.
EXAMPLES:
1. Finance
2. Management
3. Sales
DASHBOARDS IN FINTECH
Fintech applications have proven to be particularly fertile ground for the move to
dashboards:
• Fintech applications thrive on data
• Good for busy executives
• Helps to drill down data
• Shows real time information
EXAMPLE OF A FINTECH DASHBOARD IN
BANKING
How FinTech is shaping the future of Banking?
THANK YOU

Fin Tech

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Fin Tech

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FinTech:

How it is creating new path for

• Financial technology (Fintech) is used to describe new tech that seeks to

• Framing a problem is all about identifying the right

• Also called: cause-and-effect diagram, Ishikawa diagram

When identifying When a team’s

• Fintech Systems provides the Business Automation System that

• Policy-as-code is an approach that automates governance and policy

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