Internet banking, e-banking and the internet economy

from a banker’s perspective. January 2016

H. Van de Vyver

Your trainer

Trainings all over the world

• Electronic banking expert for the ATTF-Luxemburg, the Belgian Bank Academy and Radcliffe Training in London

• International Trainer and Consultant (seminars on e-banking, electronic finance and multichannel banking)

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Mr. Hubert VAN DE VYVER

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Long tracking record

Business development South of Europe and Latin America for Hoogewerf Fiduciary(patrimonial structuration) in Luxemburg

Marketing department of the BNP Paribas Group in Luxemburg since 1999

Private Banking department of the

Kredietbank Group in Luxemburg.

Internet economy ?

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Internet economy ?

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Source: Mc Kinsey Global Institute

Internet economy ?

• More data and trends

Internet specific venture capital deals in the USA: 20 % of total deals

People spend as much time on social networks als writingemails

Strong impact on growth, job creation, productivity and standards of living

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Source: Mc Kinsey Global Institute

Internet economy ?

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Internet economy ?

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© ediaro.com

E-banking?

E-banking?

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Electronic banking, or e-banking, is the use of electronic methods to deliver traditional banking services using any kind of payment media.

Source: Six Puzzles in Electronic Money and Banking

Connel Fullenkamp and Saleh M Nsouli

International Monetary Fund

E-banking?

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• Disruption 1: Nonbank digital entrants are transforming the customerexperience

• Nature of the attackers

• Smartphone as important new channel

• Changing customer experience

• Disruption 2: Payments infrastructure modernization is already underway

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• Disruption 3: Cross border paymentsineffeciences an open door to new players

• Front end

• Back end

• Disruption 4: transition to digital in retail banking important implications for transaction banking

Test

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Interested ?

• Please contact us at h.vandevyver@celufo.biz

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