Presentation Transcript

1. Brief on mobiquityTM platformfor a BankJan 2012bymCommerce Services (Pvt.) Ltd.

2. Agenda World of Mobile Financial Services Mobile Financial Solutions mobiquity™ for a Bank? Case Studies
3. World of Mobile Financial Services
4. Targeting Individual customer Segments Convenience Convenience and Access Financial Inclusion A Mobile Commerce Solution should empower businesses (MNOs, Banks, Financial Institutes, etc) to cater to diverse financial needs of banked and unbanked customers alike
5. mBanking and mPayment Segmentation Remote Payments Proximity Payments Person to Person (P2P) Remittance Talk Time Transfer Phone-phone money transfer Person to Merchant (P2B/M) Utility bills’ payments Air time top-up Telco VAS services OTC payments Toll / Transit / Parking Event ticketing Business to Person (B2P) Salary transfer Government benefits Collection of receivables Prevalence of SMS/USSD technology. Acceptance of J2ME is increasing Future dominance of NFC technology
6. Mobile Financial Services Evolution in Emerging Markets Source: Ovum , Mobile Money in Emerging Markets – 2010-15
7. Mobile Financial SolutionLeader in Mobile Commerce
8. Comviva in Mobile Financial Services (MFS) Comviva is a global leader in provisioning of Mobile Financial Solutions (MFS) Addressing the needs of banked, under-banked & unbanked mobile subscribers, by offering mobile wallet, payment and banking services Addressing the needs of operators & financial institutions by meeting regulatory requirements and integrating easily with 3rd party systems such as ATMs Solution: “mobiquityTM– integrated mobile financial services platform” mobiquityTM Powering Mobile Financial Services for 40+ Service Providers, Financial Institutions, Globally mobiquityTM Powering Mobile Financial Services for 38 Service Providers, Financial Institutions, Globally Full Support for Regulatory Guidelines, and Actively Building the MFS Ecosystem
9. Mobile Money Deployments – 33% Market Share, 12 deployments underway Mongolia Bahrain Japan Afghanistan Israel Morocco Jordan Vietnam Pakistan Cambodia Egypt India Thailand Mauritania Mali Qatar Niger Dominican Republic Senegal Uganda Bangladesh Philippines Guatemala Cameroon Somalia Malaysia Sri Lanka Sierra Leone Colombia Rwanda Kenya Ghana Honduras DRC Indonesia Nigeria Cote d'Ivoire Burundi Tanzania El Salvador Brazil Nicaragua Gabon Benin Zambia Malawi Bolivia Burkina Faso Madagascar Namibia Paraguay Fiji South Africa Chile Comviva Deployments Zimbabwe Argentina Botswana Single Operator Deployment Two Operators have deployed mobile money 3 to 4 Operators in this market have deployed mobile money Source: Mobile Money Deployment Tracker, GSMA
10. mobiquity™ Deployments Total of 38 deployments live or underway* - since 2008 Mobile remittance, wallet, banking and payment solutions deployed Built on prepaid recharge platform handling over 11 Mn Transactions in a single day Platform (Mobiquity + Pretups) has deployed base of 92 Deep Ecosystem Experience Serving Large Operator and Banking Groups 11 Orange properties live and underway in Africa Tigo in Africa (Tanzania & Rwanda) & LatAm (Honduras & Guatemala) Barclays Africa Group * 34 deployments - includes 8 deployments where customer is yet to decide on all rollout countries
11. MFS Vision
12. mobiquity Flexibility Flexible Solutions Mobile wallet in 25 locations Mobile remittance (domestic and/or international) in 22 locations Mobile banking – Barclays: 3 live, 2 underway, 6 planned Mobile payments solution live in Vodafone India Flexible Business Models Comprehensive Access Bearers B2B: Salary payments, loan disbursal 3 deployments P2P: Remittances 10 domestic deployments 5 domestic & international deployments P2B: Bill payments, top-up, ticketing 11 bill payment & top-up deployments 1 deployment of ticketing USSD 32 deployments IVR 2deployment STK 1deployments SMS 2 deployments J2ME 2 deployments
13. mobiquity™ – Ready for All requirements Third Party Interfaces mobiquity™ - plug and play MFS Platform Bank CBS Common modules OA&M Business Rule Engine Authentication Mgmt MIS User Mgmt ATM switch Remittance Hub Transaction Core Engine Billers/Merchant Module Agent Hierarchy Virtual Prepaid mWallet AML/KYC Access Bearer Adaption Layer Billers/ Merhants USSD IVR J2ME STK POS NFC POS CRM Note: Need third party collaboration
14. Eco-System
15. mobiquity™ Platform Overview mobiquityTM
16. Advanced Services (Not exhaustive)
17. mobiquity™ Other Unique Features
18. Keeping Pace with Market
19. mobiquity™ for Banks
20. mobiquity™ for a bank Bank Mobile Banking Branchless Banking Mobile Wallet Single platform enabling different business models for a bank
21. Mobile Banking Core Banking System mobiquity™ Transaction Core Engine Operator Network Customers Service & Transaction Fee Typical Services Added Operator to only work as access bearer enabler.
22. Branchless Banking Core Banking System mobiquity™ Agent Network Agent Hierarchy Operator Network Customers Transaction Core Engine Agent Network Customers Service & Transaction Fee Typical Services Added Agent Network can leverage exiting retailers - MFI/Telco/FMCG/etc.
23. Mobile Wallet mobiquity™ Core Banking System Agent Network Agent Hierarchy Operator Network Customers Transaction Core Engine Virtual Prepaid mWallet Agent Network Customers Service & Transaction Fee Typical Services Added mobiqiuity™ will manage funds for the wallet customers. Pool Account with the Bank
24. mobiquity™ Integration Experience (Not exhaustive) mobiquity has extensive integration experience with various banks systems
25. mobiquity: Designed for Performance
26. Case Studies on mobiquity™
27. Multinational Bank WING : Making Money Fair for the Unbanked in Cambodia Situation Wing was established to extend financial services to underserved segments in emerging Asian markets and create a mass-market financial service offering In Cambodia, unbanked individuals have an annual expenditure of US$7.9 billion and are responsible for 46.3% of national expenditure; there are 3.5 million mobile phones with 40% growth per annum while there are only 500,000 bank accounts Solution Launched Wing in Cambodia in late 2009 with the mission ‘Making Money Fair’ Partnered with Vision Fund, an NGO, using their outlets to provide cash-in and cash-out services Wing charges: Cash In Free; Cash Out is a sliding scale A simple and secure service that uses USSD as a mechanism of access Outcome Cumulative subscriber base has reached 70,000 in 8 months following launch Bulk of customers are garment workers who earn US$60 a month Customers perform average of 4.3 transactions per month Wing Pilots act as agents to promote the service, providing employment to young people
28. Barclays Extending Banking Services Situation India is a country of 1.2 billion people – only 300 million have access to banking services. Millions of people rely on expensive wire transfer services or informal channels to send money – and millions of people have no access to banking services at all. mobiquity™ mBanking. By linking banking services to the mobile phone, Barclays is able to radically change the banking landscape in India and provide hitherto unbanked people with economical, anytime, anywhere access to banking services – as well as provide banked customers with greater banking convenience. Solution Barclays soft-launched its Hello Money service to employees and suppliers in early 2008, followed by full commercial launch in March. The subscriber base has risen consistently during the first year of operation. Comviva is now working on rolling out mBanking services for Barclays in the Middle East and Africa. Outcome
29. Thank You