TCF2016-E5: Open and Integrated: solutions for a connected world
Solutions for a connected world ACCU, Software Group and Temenos E5, 19th May 2016, 14:30-15:15
#TCF2016
ACCU Payment Platform: Philippines Strategy
#TCF2016 #TCF2016
Overview Overview 1.
Global Challenges
2.
Philippines Asia Payment Platform (APP)
3.
Why Software Group and Temenos?
#TCF2016
World Council of Credit Unions - Global Challenges Regulatory Burden
Payments
Young Member Growth
Market Disruptors
Small CU Sustainability #TCF2016
4
Non Traditional Entrants and Competition
#TCF2016
5
Philippines - A Digital Nation
6
#TCF2016
A Question of Identity
7
ABC COOP
#TCF2016
Credit Unions give away their members to competitors
8
Money moves out of the credit union system
to the competition Members pay high fees to make payments
on the competitors platform in exchange for a small commission The fees paid by members are lost to the
credit union Competitors begin offering loans and other
products directly The credit union base goes into decline
#TCF2016
ABC COOP
Credit Union self-determination
9
Networks are strongest when they
cooperate Need to own their own destiny Keep the member’s spending inside the
credit union system Sustainability through new revenue from
services denied to the competition Members of the movement, not only the
branch where they joined
#TCF2016
Why Temenos and Software Group? Pre-integrated banking and payment solution Extensive industry expertise Deep understanding of clients’ business Innovate technology Agile Deployment and Access to Scale (Cloud) Unrestrained distribution Low Risk Deployment #TCF2016
10
Solutions for a Connected World: ACCU Payment Platform Kalin Radev, CEO TCF May 2016
#TCF2016 #TCF2016
Software Group
12
Software Group is: an advanced technology company; focused on end-to-end solutions for the financial sector.
Software Group’s experienced team of professionals: is committed to the efficient delivery of innovative solutions; has an outstanding track record of handling complex
development projects. At Software Group we prides in delivering products and services which adhere to the principles of quality, transparency and affordability. #TCF2016
Key numbers
13
250+
8
full time employees
offices
50+
21
presence in 50+ countries
regional support partners
300+ delivered projects #TCF2016
• • • • • • • •
Brisbane, Australia Sofia, Bulgaria Accra, Ghana Trichy, India Nairobi, Kenya Guadalajara, Mexico Manila, Philippines Cairo, Egypt
• Amsterdam, The Netherlands • Bangalore, India • Chisinau, Moldova • Dhaka, Bangladesh • Geneva, Switzerland • Harare, Zimbabwe • Islamabad, Pakistan • Kampala, Uganda • Lagos, Nigeria • Lilongwe, Malawi • Minsk, Belarus • Moscow, Russia • Naypyidaw, Myanmar • Nicosia, Cyprus • Paris, France • Port Louis, Mauritius • Washington D.C., USA
The Association of Asian Confederation of Credit Unions (ACCU)
Created in 1971 serves more than 21,947 credit unions 38.1 million individual members 26 countries 34 affiliates Membership to ACCU is open to organizations with membership of at least 20,000 individuals or 1%
#TCF2016
14
ACCU Payment Platform
15
Business case main goals:
Agile deployment and Access to Scale (Cloud-to-Cloud);
Increasing access to Digital Channel Usage;
Seamless delivery through well established synergy based on numerous integrated projects.
Innovative Payment Platform
Software Group & Temenos are at the heart of the Asia Payment Platform strategy, bringing extensive experience and increasing access to financial services through innovative technology. #TCF2016
Expand Access for Credit Unions
16
Alternative Delivery Channels provide easy access Anytime, Anywhere
ATM
Coop Teller
Mobile App
#TCF2016
POS
World World Council Council of ofCredit Credit Unions Unions –– Global Global Challenges Challenges Small CU Sustainability
Market Disruptors
#TCF2016
17
Credit Unions self-determination
21
Member relationships growth; Members to be integrated to the CU
community; Credit Unions need to retain their
vision; Sustainability through new revenue
from innovative services; Credit Union networks are strongest
through cooperation. #TCF2016
Payment Ecosystem at national level
22
Federation/National level: Payment Ecosystem Administration
Services, Settlement and Support
Biller Management
Customer On-boarding
Credit Unions (Over the Counter): Teller Services
Payment Services
Money transfer
Clients (Self – Services) Payment Services
Money Transfer
#TCF2016
ACCU Payment Platform, Philippines Instance
23 Platform Admin
Temenos / Software Group Cloud
CBS
Platform Admin Portal • User Administration • Fees, Limits, Commissions • Payment Gateway • Biller Management • Alerts & Notifications Mgmt • Reconciliation & Settlement • Transaction Monitoring & Auditing • Blacklisting • Reports • ATM Device Monitoring & Management • POS Device Management
Payment Platform
3rd Party Integrations
Delivery Channels
• • •
BancNet Bill Aggregator Remittance Partner
CU Branch
Client’s Mobile
Account Opening Cash Deposit Cash Withdrawal Fund Transfer Send/Receive Money Bill Payment Balance Inquiry Mini Statement
ATM
POS
Smart App
Teller Web Portal • • • • • • • •
Card Management Module • Card Production • Card Management • Issues & Complaint Management
AVAILABLE ON-LINE VIA INTERNET/ WIFI/GPRS
• • • • •
Fund Transfer Send/Receive Money Bill Payment Balance Inquiry Mini Statement
#TCF2016
CU POS
CU ATM • • • • •
Fund Transfer Send/Receive Money Bill Payment Balance Inquiry Mini Statement
• • • • •
Fund Transfer Send/Receive Money Bill Payment Balance Inquiry Purchase Goods
Payment Platform Benefits
24
#TCF2016
Payment Platform Benefits
25 Payment Platform
Integration with FSPs Realtime Payments
Teller Services
Admin Web
User interface for web browser
Web-based portal
- Account Opening - Cash Deposit - Cash Withdrawal - Fund Transfer - Send/Receive Money - Bill Payment - Balance Inquiry
Payment Services Administration • • • • • • •
Mobile Banking Customer App
- Fund Transfer - Send/Receive Money - Bill Payment - Balance Inquiry - Mini Statement
- Integrated with CBS/MIS - Transaction processing - Inter-bank transfers - Intra-bank transfers - OTC Services
Integration with CBS Transaction monitoring Business logic for all connected systems Sends SMS alerts & Notification Agent management Auditing Blacklisting
Smart Phone or USSD
Pay Bill
Integration to existing utility companies Integrate with Payment Aggregators
Telcos Communications
- USSD - SMS - Mobile Data Airtime Purchase Integrate with mWallets
Government / NGO Integration Layer + Payment Gateway (UT Route)
Settlement Bank Funds Settlement
Settles electronic funds transfer on accounts
#TCF2016
Bulk Electronic Funds & Voucher Transfer
- Upload data of users to send payment and vouchers in bulk
Return on Investment (ROI)
26
Assumptions Average Transaction Fee Average Transaction per Member per Month
Transaction Revenue Split PHP 25 3
Average Members per Credit Union
5,000
Percentage of Uptake by Members
50%
Number of Credit Union On Boarded per Month
2
ACCU
5%
National Association
25%
Credit Union
75%
Investment & Costs
25K Total Active PFCCO Members Needed by PFCCO #TCF2016
Technology
PHP 3,456,412
Operations
TBC
Marketing
TBC
Conclusion
27
Right Technology Right Partners Right Solution Connected world
#TCF2016
Don’t forget!
28
Join the conversation – Tweet or Facebook post the #tcf2016
Download this presentation now – you can download this presentation and other TCF materials from the TCF2016 app Have your say – take part in the 9th annual TCF survey, also available on the TCF2016 app
#TCF2016
Thank you
#TCF2016 #TCF2016
#TCF2016
ACCU Payment Platform: Philippines Strategy
#TCF2016 #TCF2016
Overview Overview 1.
Global Challenges
2.
Philippines Asia Payment Platform (APP)
3.
Why Software Group and Temenos?
#TCF2016
World Council of Credit Unions - Global Challenges Regulatory Burden
Payments
Young Member Growth
Market Disruptors
Small CU Sustainability #TCF2016
4
Non Traditional Entrants and Competition
#TCF2016
5
Philippines - A Digital Nation
6
#TCF2016
A Question of Identity
7
ABC COOP
#TCF2016
Credit Unions give away their members to competitors
8
Money moves out of the credit union system
to the competition Members pay high fees to make payments
on the competitors platform in exchange for a small commission The fees paid by members are lost to the
credit union Competitors begin offering loans and other
products directly The credit union base goes into decline
#TCF2016
ABC COOP
Credit Union self-determination
9
Networks are strongest when they
cooperate Need to own their own destiny Keep the member’s spending inside the
credit union system Sustainability through new revenue from
services denied to the competition Members of the movement, not only the
branch where they joined
#TCF2016
Why Temenos and Software Group? Pre-integrated banking and payment solution Extensive industry expertise Deep understanding of clients’ business Innovate technology Agile Deployment and Access to Scale (Cloud) Unrestrained distribution Low Risk Deployment #TCF2016
10
Solutions for a Connected World: ACCU Payment Platform Kalin Radev, CEO TCF May 2016
#TCF2016 #TCF2016
Software Group
12
Software Group is: an advanced technology company; focused on end-to-end solutions for the financial sector.
Software Group’s experienced team of professionals: is committed to the efficient delivery of innovative solutions; has an outstanding track record of handling complex
development projects. At Software Group we prides in delivering products and services which adhere to the principles of quality, transparency and affordability. #TCF2016
Key numbers
13
250+
8
full time employees
offices
50+
21
presence in 50+ countries
regional support partners
300+ delivered projects #TCF2016
• • • • • • • •
Brisbane, Australia Sofia, Bulgaria Accra, Ghana Trichy, India Nairobi, Kenya Guadalajara, Mexico Manila, Philippines Cairo, Egypt
• Amsterdam, The Netherlands • Bangalore, India • Chisinau, Moldova • Dhaka, Bangladesh • Geneva, Switzerland • Harare, Zimbabwe • Islamabad, Pakistan • Kampala, Uganda • Lagos, Nigeria • Lilongwe, Malawi • Minsk, Belarus • Moscow, Russia • Naypyidaw, Myanmar • Nicosia, Cyprus • Paris, France • Port Louis, Mauritius • Washington D.C., USA
The Association of Asian Confederation of Credit Unions (ACCU)
Created in 1971 serves more than 21,947 credit unions 38.1 million individual members 26 countries 34 affiliates Membership to ACCU is open to organizations with membership of at least 20,000 individuals or 1%
#TCF2016
14
ACCU Payment Platform
15
Business case main goals:
Agile deployment and Access to Scale (Cloud-to-Cloud);
Increasing access to Digital Channel Usage;
Seamless delivery through well established synergy based on numerous integrated projects.
Innovative Payment Platform
Software Group & Temenos are at the heart of the Asia Payment Platform strategy, bringing extensive experience and increasing access to financial services through innovative technology. #TCF2016
Expand Access for Credit Unions
16
Alternative Delivery Channels provide easy access Anytime, Anywhere
ATM
Coop Teller
Mobile App
#TCF2016
POS
World World Council Council of ofCredit Credit Unions Unions –– Global Global Challenges Challenges Small CU Sustainability
Market Disruptors
#TCF2016
17
Credit Unions self-determination
21
Member relationships growth; Members to be integrated to the CU
community; Credit Unions need to retain their
vision; Sustainability through new revenue
from innovative services; Credit Union networks are strongest
through cooperation. #TCF2016
Payment Ecosystem at national level
22
Federation/National level: Payment Ecosystem Administration
Services, Settlement and Support
Biller Management
Customer On-boarding
Credit Unions (Over the Counter): Teller Services
Payment Services
Money transfer
Clients (Self – Services) Payment Services
Money Transfer
#TCF2016
ACCU Payment Platform, Philippines Instance
23 Platform Admin
Temenos / Software Group Cloud
CBS
Platform Admin Portal • User Administration • Fees, Limits, Commissions • Payment Gateway • Biller Management • Alerts & Notifications Mgmt • Reconciliation & Settlement • Transaction Monitoring & Auditing • Blacklisting • Reports • ATM Device Monitoring & Management • POS Device Management
Payment Platform
3rd Party Integrations
Delivery Channels
• • •
BancNet Bill Aggregator Remittance Partner
CU Branch
Client’s Mobile
Account Opening Cash Deposit Cash Withdrawal Fund Transfer Send/Receive Money Bill Payment Balance Inquiry Mini Statement
ATM
POS
Smart App
Teller Web Portal • • • • • • • •
Card Management Module • Card Production • Card Management • Issues & Complaint Management
AVAILABLE ON-LINE VIA INTERNET/ WIFI/GPRS
• • • • •
Fund Transfer Send/Receive Money Bill Payment Balance Inquiry Mini Statement
#TCF2016
CU POS
CU ATM • • • • •
Fund Transfer Send/Receive Money Bill Payment Balance Inquiry Mini Statement
• • • • •
Fund Transfer Send/Receive Money Bill Payment Balance Inquiry Purchase Goods
Payment Platform Benefits
24
#TCF2016
Payment Platform Benefits
25 Payment Platform
Integration with FSPs Realtime Payments
Teller Services
Admin Web
User interface for web browser
Web-based portal
- Account Opening - Cash Deposit - Cash Withdrawal - Fund Transfer - Send/Receive Money - Bill Payment - Balance Inquiry
Payment Services Administration • • • • • • •
Mobile Banking Customer App
- Fund Transfer - Send/Receive Money - Bill Payment - Balance Inquiry - Mini Statement
- Integrated with CBS/MIS - Transaction processing - Inter-bank transfers - Intra-bank transfers - OTC Services
Integration with CBS Transaction monitoring Business logic for all connected systems Sends SMS alerts & Notification Agent management Auditing Blacklisting
Smart Phone or USSD
Pay Bill
Integration to existing utility companies Integrate with Payment Aggregators
Telcos Communications
- USSD - SMS - Mobile Data Airtime Purchase Integrate with mWallets
Government / NGO Integration Layer + Payment Gateway (UT Route)
Settlement Bank Funds Settlement
Settles electronic funds transfer on accounts
#TCF2016
Bulk Electronic Funds & Voucher Transfer
- Upload data of users to send payment and vouchers in bulk
Return on Investment (ROI)
26
Assumptions Average Transaction Fee Average Transaction per Member per Month
Transaction Revenue Split PHP 25 3
Average Members per Credit Union
5,000
Percentage of Uptake by Members
50%
Number of Credit Union On Boarded per Month
2
ACCU
5%
National Association
25%
Credit Union
75%
Investment & Costs
25K Total Active PFCCO Members Needed by PFCCO #TCF2016
Technology
PHP 3,456,412
Operations
TBC
Marketing
TBC
Conclusion
27
Right Technology Right Partners Right Solution Connected world
#TCF2016
Don’t forget!
28
Join the conversation – Tweet or Facebook post the #tcf2016
Download this presentation now – you can download this presentation and other TCF materials from the TCF2016 app Have your say – take part in the 9th annual TCF survey, also available on the TCF2016 app
#TCF2016
Thank you
#TCF2016 #TCF2016
