Introduction to Fintech: Innovation Opportunities in the Payments Space- Despite the fact that many people perceive payments as commodity, the Payment industry has recently become one of the hottest innovation spaces for investors and entrepreneurs. This session will give an overview of the key stakeholders, opportunities and challenges for entrepreneurs who might consider taking up a venture in this space or simply expanding their knowledge around payments.

1. Innovation
Opportunities
I n t h e P a y m e n t s S p a c e
Noam Inbar, VP Business Development. Zooz

2. Agenda
1. Introduction to Payments
2. Innovation in Payments
3. Opportunities and Trends

3. Introduction
to Payments
1

4. Payments: meet the players

5. 5. Merchant gets
authorization,
acquirer pays
merchant
Payment Transaction Flow
1. Cardholder makes purchase
2. Merchant sends
transaction to
processor
3. Acquirer submits transaction to
issuing bank for payment
6. Issuing bank authorizes
payment, acquirer is paid
7. Cardholder pays
bank
4. Issuing bank
bills cardholder
Cardholder
Issuer
Merchant
Acquirer

6. Traditional boundaries are blurring
Offline
world
Mobile
Online
world

7. Mobile Commerce POS Mobile Wallet
In app
Mobile web
NFC
Cloud (web based)
Carrier billing
The Mobile Revolution

8. The world’s unbanked population
Individual
bank accounts2BN
Mobile
users
globally
3.8BN Unbanked
adults globally2.5BN
Main driver for mobile payments growth:

9. Lets talk in dollars…
Series 1
0
200
400
600
800
2009
2012
2015
Mobile Payment Volume ($BN)
Mobile Payment Volume ($BN)
670B $ in 2015!

10. The Battle for Trust and Identity
Social Identity Commerce Identity
Mobile Identity

11. New World, New Needs
Cross Border
Multi Currency
Trust
Monitoring
Expense management
Added value
Group buying
Price comparison
“wallet free”

12. Innovation
in Payments
2

13. Square:
Bringing payments
to the “mom and pop stores”

14. Stripe:
Payments for Developers

15. Paymill:
Stripe for Europe

16. Dwolla:
Cutting the Interchange fees

17. Coin:
Aggregation of payment methods

18. Zooz:
Unified Payments Engine

19. Opportunities
and Trends
3

20. What’s next?
• Trust & reputation
• Cardless transactions- ATMs, Mobile Wallets
• Self checkout
• BRIC
• Omni Channel
• Global Commerce

21. noam@zooz.com linkedin.com/in/noaminbar@InbarNoam
Questions?