how apis & emerging global standards create opportunities for software developers & experts...

How APIs & emerging global standards create opportunities for software developers & experts in FinTech

A case study of Payments Components' services & solutions for financial transactions

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APIs & Global StandardsThe building blocks of innovation & disruption

We’ve seen this before…It’s not unique to software but rather a trait of technology

The winds of change in FinTechThe new face of corporate & consumer transactions

Payment ComponentsWho we are, Products & Solutions, Challenges moving ahead

OpportunitiesFor software developers & domain experts

www.paymentcomponents.com

APIs & Global StandardsThe building blocks of innovation & disruption

›The Technology curves are intertwined & perpetual

›Technology thrives & accelerates using› Common infrastructure› Communication protocols / standards› APIs› Low code / platforms

›It all goes back to one of the most powerful “tools” one can employ

The Power of Abstraction & Componentization

vs

The

“Atla

s” m

ode APIs &

Standards

www.paymentcomponents.com

TCP/IP

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www.paymentcomponents.com

IAB OpenDirect

IAB OpenRTB

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We’ve seen this BeforeIt’s not unique to software but rather a trait of technology

1908 Moved to another conutryproduced by Ford Motor Company. It is generally regarded as the first affordable automobile. Some of this was because of Ford's efficient fabrication, including assembly line production instead of individual hand crafting. 16.5 million sold

1886Built by Karl Benz, widely regarded as the world's first

automobile. Approximately 25 produced

The car Industry

The Benz Patent-Motorwagen

The Model T by Ford Motor Company

www.paymentcomponents.com

We’ve seen this BeforeIt’s not unique to software but rather a trait of technology

2nd half of 20th century The oil crisis combined with the continuous specialization

needed for more advanced components leads big manufacturers to start outsourcing the development & production of specific parts to 3rd parties.

1st half of 20th centuryThe gradual rise of big automotive conglomerates,

following the vertical production / integration approach. Smaller manufacturers (coachbuilders) gradually diminish

& go almost extinct.

The advent of the big automotive players

The outsourcers - Componentization

21st centuryCustom coach-building back in style

Smaller expert / niche manufacturers make a come back fueled by the proliferation of standard parts.

The arguably most succesful newcomer / disruptor in the field is Tesla. It’s first car the Tesla roadster was based on

a Lotus Elise body utilizing many standard parts. 2500 Tesla roadsters have been sold.

www.paymentcomponents.com

The winds of change in FinTechThe new face of corporate & consumer transactions

Internet “e-

Transactions”Sweeping the globe as a

result of eCommerce boom & the gradual shift to

eBanking

ISO 20022ISO 20022 is an ISO standard for

electronic data interchange between financial institutions. It describes a metadata repository

containing descriptions of messages and business processes,

and a maintenance process for the repository content.

SEPAThe Single Euro Payments Area (SEPA) is a payment-integration initiative of the European Union

for simplification of bank transfers denominated in euro.

SWIFT the Society for Worldwide Interbank Financial Telecommunication (SWIFT) has the mission of

creating a shared worldwide data processing and communications link and a common language for

international financial transactions.

www.paymentcomponents.com

The winds of change in FinTechThe new face of corporate & consumer transactions

Building Blocks of Payment Offerings by Banks to serve Customers Needs

Source: CapGemini Financial Services Analysis 2015

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The winds of change in FinTechThe new face of corporate & consumer transactions

Number of Non-Cash Transactions (billion), by region

Source: CapGemini Financial Services Analysis 2015

www.paymentcomponents.com

Payment ComponentsWho we are

2014

More than 25 years in

financial software

Work with the biggest

financial institutions

›25 years of high expertise in FinTech

›Payment Components LTD registered in London since 2014

›Offices in Athens & London

›We believe in fairness for all (employees, customers, partners)

Our DNA

Global ScopeWork with the biggest financial institutions

High Expertise

More than 25 years in financial software

Innovative

Keep inventing new businesses and opportunities

We are a leading provider of financial applications with expertise in international payment systems.

Messaging LibrariesProduction grade, tested, validated &

continuously updated & supported libraries allowing the creation of

FinTech applications

FinTech SolutionsReady made FinTech solutions /

applications catering to the needs of corporates. Full integration & customization to fit the clients

environment

Payment ComponentsProducts & Solutions

www.paymentcomponents.com

Messaging Libraries

Payment ComponentsProducts & Solutions

www.paymentcomponents.com

SWIFTMT

SWIFTMX

SEPA

Payment ComponentsProducts & Solutions

www.paymentcomponents.com

Our Messaging Libraries are powering solutions developed by

FinTech Solutions

Payment ComponentsProducts & Solutions

www.paymentcomponents.com

aplonCash

aplonTrade

aplonHub

BankNotes

Payment ComponentsaplonCash overview – the role of a Treasury Management System (TMS)

www.paymentcomponents.com

aplonCash

ReceivablesConsolidate receivables, map to issued invoices / clients

BalancesCreate a view across all your bank accounts & currencies. Use it to optimize payments & transactions costs

PaymentsCentralize electronic payments management, authorization &

fulfillment

InsightsUnified view of cash flow cycle across

the company, full auditing trail, historic data analysis & forecasts

Corporate Bank Accounts

ERP CRM

Payment ComponentsProducts & Solutions

www.paymentcomponents.com

Our aplonCash solution daily empowers financial professionals at

Payment ComponentsChallenges moving ahead

www.paymentcomponents.com

1. RecognitionWe want to establish a corporate image recognizable by all stakeholders in our field

2. CommunityEnable direct & ongoing communication between our core team, our existing & prospective clients as well as industry stakeholders

3. InnovateContinue to proactively respond to evolution in our field

4. GrowExpand geographically & in volume of sales. Support this growth via enhancing our team in numbers & skillsets

As we have established our corporate presence, products & solutions, we are now confronting the next phase of challenges in our journey to expand & grow our business.

OpportunitiesFor software developers & experts

www.paymentcomponents.com

Explore new Business Models (e.g. e-Currencies, BitCoin

etc)

Use Financial messaging standards to develop new

applications

Enhance existing corporate systems / applications by

adopting Financial Messaging

Optimize cost of transactions, own & control Banking interface

Treasury Management Systems to consolidate transactions UI

Consolidated Advanced Insights & Analytics, Forecasting

Deve

lope

rs &

Arc

hite

cts

Domain Experts

Thank you for your attentionLet’s discuss