12 december 2014, holland fintech meet up friday - abn amro

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www.startupfriday.nl

•  Banks are all the same •  Preferring Google, Amazon or Paypal •  Like a root canal

Millenials

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“Customer behavior is changing

and, like we’ve seen in the

publishing and music industries,

digitalization is taking over.

Banks need to accept this.” Brett King, auteur en oprichter Moven(bank)

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Sensing urgency

From bureaucratic hierarchies to technology driven networks Unbundling of everything We are all connected, all the time (Fred Wilson)

Disruption=Finruption

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What is our competition? Do we compete or do we partner? •  Traditional banks? •  Internet corporates •  Fintech startups

Direction of competition

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•  Transforming to new business models •  Experiment with new revenue models •  Cannibalizing is good

Embrace

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4. Business as unusual

3. Re-inventing our business

Rad

ica

l In

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me

nta

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Current business New Business

2. Making new and better things

1. Making things better

•  Changing innovation culture of ABN AMRO •  Exploring new business models in our coporate garage •  Act like a startup and partner

Innovation Centre

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“It’s about building bridges: fintech ecosystem”

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“From Silicon Valley, to New York, to London…”

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“…to Amsterdam!”

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Fintech events: 16-12 Efinancials 29-01 Fintech50 London 30-01 StartupFriday19-02 Dutch Fintech SMO21-04 Dutch Fintech Awards