mobilelife / project x

MOBILELIFE / PROJECT X
GLOBAL RETAIL BANKING SUMMIT
THOMAS WEIKOP, HEAD OF STRATEGY
MOBILELIFE, DANSKE BANK
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DISRUPTION: TRYING TO STOP THE WAVE OR RIDE IT?
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CUSTOMER BEHAVIOUR: HOW TO ENSURE CUSTOMERCENTRICITY?
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ENSURING MANOEUVRABILITY AND THE RIGHT POSITIONING
MOBILELIFE / PROJECT X
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GUIDING PRINCIPLES
At MobileLife we value
collaboration hierarchy,
skills titles,
people processes .
and learning
forecasting.
over
over
over
over
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CREATING A HYBRID
– BEST OF TWO WORLDS
CORPORATE
STRENGTHS
START-UP
CULTURE
 Purpose & passion
 Trustworthy brand
 Fast execution
 Financial strength
 Untainted innovative
approach
+
New digital and
 entrepreneurial
competencies
 Embracing uncertainty
 Customers
 Strong traditional
competencies
 Core systems and
“
MUSCLE OF A
CORPORATE,
SOUL OF A
STARTUP
processes
PRE-REQUISITES

Full top-management & BoD buy-in

Assigning autonomy

Accepting a higher tolerance for failure
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THE INITIAL CHALLENGE
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BANK SHARE OF TOTAL INVESTED FUNDS REPRESENTS APPROX. 3%
OF TOTAL INVESTMENTS IN THE FINANCIAL SECTOR
Banks have a small share of
investments
FinTech investments by investor type (2014)1
Many deals are for less than $5m
Number of deals by deal size (2014-15)2
1,007 deals
Invested amount
$25+m 10%
$6.7bn
$10-25m
31%
$3.7bn
Venture Capital
27%
$1-$5m
31%
$0.8bn
Private Equity
29%
$0-$1m
28%
$0.1bn
$12bn
900+ investors
Other
27%
Tech firms 5%
Angel 10%
Peter Thiel (PayPal)
Reid Hoffman (LinkedIn)
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PSD2
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BUYING A HOME IS AN EMOTIONAL, COMPLEX AND FRAGMENTED PROCESS
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SUNDAY AS THE FIRST LIVE PRODUCT
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FULL FINANCIAL PROFILE BASED ON 7 SIMPLE QUESTIONS
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FUTURE HOMES BASED ON YOUR FINANCIAL SITUATION
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LAYERS
AGGREGATOR
A
CHANNEL / CUSTOMER EXPERIENCE
B
SERVICE / PRODUCT
C
PRODUCTION / SYSTEMS / LICENCE
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FINTECH AND FINANCIAL SERVICES
Source: The Future of Financial Services report, World Economic Forum, June 2015
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MOBILELIFE / PROJECT X
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MOBILELIFE / PROJECT X
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KEEPING TRACK
Exchange of ideas
Network
Presentations
Insights
Workshop
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KEEPING TRACK AS PART OF THE NORDIC START-UP
COMMUNITY
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KEEPING TRACK AS PART OF THE NORDIC START-UP
COMMUNITY
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KEEPING TRACK ON EPIC DAYS
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THOMAS WEIKOP
TWE@DANSKEBANK.DK
+45 31270072
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