Sundara Balaji

Large Deals | Strategic Initiatives at Infosys | Financial Services

Message Posts: 1 Comments: 2

Bio I manage the positioning of services and solutions in large deals along with strategic initiatives for Financial Services at Infosys Career History Have been working with product companies across the globe to explore various industries and cater to newer industry trends and customer needs

Blogs

Fintech

Banks and Fintechs: Monetization Strategy and Evolving Business Models

19 Apr 2018

Most conversations around banking and Fintech feature two themes - API monetization and digital innovation. However, that’s where the similarity ends, because the two impact the banking industry in very different ways. Case in Point 1: ING – Digital Innovation ING was the first major bank to see a potential alternative business model in the digital...

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Banks and Fintechs: Monetization Strategy and Evolving Business Models

@Ketharaman: Respect your POV, but beg to differ on the perception around P2P / P2B if you may categorize them so. The thin line of what defines a marketplace means has been changing so fast that by the time we hit next year, it could be a completely different connotation, from where we started this year. if cash was indeed the real competition for everyone,then why does a Paypal think of an investment with Acorn while partnering with Visa and Mastercard. (https://www.weforum.org/agenda/2017/01/how-collaboration-in-the-fintech-industry-can-unlock-digital-growth/) Also, if Visa and Mastercard were so sure about their business being sound and erosion proof, they would have no need to diversify, partner and invest in upcoming Fintechs as showcased by the many examples below. https://www.bankingtech.com/2017/12/mastercard-calls-for-fintech-start-ups/ https://www.pymnts.com/news/fintech-investments/2018/solarisbank-visa-investor/ http://www.invest.vic.gov.au/news-and-events/2017/may/melbourne-fintech-airwallex-raises-a$17m-from-mastercard,-sequoia-china-and-tencent https://www.ft.com/content/23b1b5e8-5b07-11e7-9bc8-8055f264aa8b https://techcrunch.com/2017/07/26/visa-marqeta-25m/

24 Apr 2018 Reply Read article

Banks and Fintechs: Monetization Strategy and Evolving Business Models

@Ketharaman: Yes, in the era where the concept of marketplace was not mainstream business, Visa, Mastercard and a few other card networks had all the traffic through them to captialize on, but they were happy to play the 'wait and watch' game to allow newer Fintechs to come in and erode their marketshare. Today, we are in a world, where many new generation consumers do not use a card for any banking transaction and this is bound to resonate across many more markets in the long run.

21 Apr 2018 Reply Read article