Make Our Bank Your Bank: How Fidor APIs Leverage FinTech Business Models

Transcript

1. p. 1 2015 How Fidor APIs Leverage FinTech Business Models Stefan Weiß, Fidor Bank AG APIDays 2015, Berlin Make Our Bank Your Bank
2. p. 2 • What is FinTech? • What is the role of Fidor Bank? • Fidor APIs • Use Cases Overview
3. p. 3 p. 3 What is FinTech?
4. p. 4 p. 4 FinTech = Finance + Technology
5. p. 6 p. 6 FinTech is huge! http://paymentandbanking.com/2013/11/19/deutsche-fin-tech-startups-mindmap/
6. p. 7 p. 7 Technology drives innovation: • Hardware is cheap • The business is in the software • The software is in the cloud • The cloud is ubiquitous • User behavior changed • Entry barriers crumble
7. p. 8 Fidor Bank – enabling FinTech a bank?
8. p. 9 Fidor is a tech company having a banking license. Fidor is a profitable international, regulated and trusted, data- and value-, storage- and delivery- infrastructure frictionless integrated in the digital lifes of its btc/btb customers. We provide: o Mindset o License (eu, us, ru) o Tech & APIs o Partnerships
9. p. 10 p. 10 Fidor is the first bank that offers APIs • Banking • Payment • Community • Scoring • Credit • … • Partner APIs
10. p. 11 p. 11 Available Data … and this is just the start. User Customer Account Transaction Internal Transfer SEPA Transfer Batch Transfer SEPA Direct Debit SEPA Mandate … https://developer.fidor.de/api-browser/
11. p. 12 System Product Public Access Restricted Access User Access:Read User Access: write Callbacks/Webhooks Newsstream read public newsstream read personalized newsstream write in newsstream newsstream-update Finance Quick-Check compare selected data new user data Finanzanalyse read/analyse personal finance data add/change personal finance data new user data Product Review read list of products, product details read reviews read reviews by user add review new/updated reviews Consultant Review read list of consultants, consultant details read reviews read reviews by user add review new/updated reviews Consultant-Profile read public profile read pofile of user change/create profile new/updated profiles Product Suggestions read list of suggestions, details, comments read suggestions by user add suggestion, comment new suggestions, comments Money Saving Tips read list of tips, details, comments read tips by user add tip, comment new tips, comments Groups read list of groups read posts of open groups, comments read in groups that user is member of add post, comment new posts, replies Money Q&A read questions and answers read questions that user asked add question, answer new questions, answers Community Settings read settings change settings changes in settings Mails read mails add mail new mails Contacts read contacts add/accept/remove contact new contacts, requests User-Data read email-address, name, address, KYCsStatus, KYCiInformation, account number, mobile phone change personal data changed data, status Account balance, blocked amount changed amounts Finance Status read finance status, sum in different currencies changed data Cash-Manager links to external services links to services of the user Transactions read all transactions reclaim SEPA DD new transactions Bonus read bonus price list read earned bonuses new bonuses Profile read profile data change limits, communication settings, personal data, web2.0 profiles, notifications changed data E-Box read messages, download files upoad files new messages P2P Payments / Batch read transfer list, details create transfer new transfers, batch success P2P Borrowing read transfer list, details create transfer new transfers SEPA Transfer / Batch read transfer list, details create transfer new transfers, batch success GMT Transfer read transfer list, details create transfer new transfers Standing Order read standing order list, details add/change standing order added/changed data Prepaid Mastercard read transactions, limits, status change limit, block card, deactivate card new transactions Registered Bonds read list of bonds, details buy bond new bonds Geld-Notruf read current Notruf create Notruf changed status Dispo read conditions read status request overdraft Precious Metals read current exchange rates read transactions, details, current holdings buy, sell precious metals new transactions Mobile Top-Up read providers, amounts read standing orders, list of phone numbers add/change phone number, add top up, add/change standing order new/changed data Brokertain-Integration read top ups add top up new transactions FX read current exchange rates read transactions, details, current holdings buy, sell fx new transactions Virtual Currencies read current exchange rates read transactions, details, current holdings buy, sell new transactions Partner-Integrations read accesses granted new/changed accesses Additional Services SEPA DD / Batch DD create transfer batch success, DD reclaims SEPA MM read mandate create mandate, change mandate Escrow (Trust) Account read transfer (status) create transfer new transaction, transaction granted Community Banking Community Banking Implementation Status
12. p. 13 p. 13 API Modes • Control your own account Own Bank Account • Access accounts of users that give you permission Fidor Customer Account (3rd Party Data Access)
13. p. 14 Typical API Use Case – Automation with own Corporate Account Account Max Account Tina Account Dr. No Account Dr. Dre Account Corp. API Application • Manage incoming payments • Mass payments • International payments (soon via Ripple) • Manage SEPA Mandates and initiate SEPA Direct Debits (Lastschrift) • Reconciliation Fidor
14. p. 15 Use case: 3rd Party Applications, e.g. Multi Banking Tool Account Max Account Tina Account Dr. No Account Dr. Dre Account Corp. API Fidor Application
15. p. 16 Use Case – P2P Lending with Trust Account Application Trust Account … Project Investor/Backer … API Fidor Application Pay-in via PSP API
16. p. 17 Use case: New Banking (whitelabel) Account 001 Account 002 … Account 662 . API Fidor Applications • Account creation • Account management • P2P Payment • Community • Credit • 3rd party offerings
17. p. 18 Different strokes for different folks
18. p. 19 p. 19 Examples of companies using Fidor API
19. p. 20 „Express-Handel“ • Standard Banking API • Reservation API • Lizenz-Shelter zur Anlagevermittlung https://www.youtube.com/watch?v=Y0cCvZepVXA
20. p. 21 Optional: platform integration In-Account Apps Fidor Bank Account
21. p. 22 Optional: platform integration In-Account Apps Fidor Bank Account with App Window
22. p. 23 p. 23 The Application Manager Register Application Add Scopes Download Demo Apps Use Sandbox Access Logfiles Add Team Members Activate Application http://apm.fidor.de
23. p. 24 p. 24 RESTful, JSON
24. p. 25 p. 25 Security • Security standards • Configurable security • General web services/API performance and security concepts • Approval process and data security measures • Transaction security by mTan/FIN, … • Fraud detection IP- Restriction Request Signing SSL & Access Tokens Callback Domain for OAuth
25. p. 26 p. 26 Direct Mobile Dev Support (upcoming) • Convenient, more secure access to the API Mobile SDK • Single Sign On and Multi Account Management SSO
26. p. 27 p. 27 Hosts the API community, open to all FinTech http://developer.fidor.de Developer Support Community
27. p. 28 p. 28 From first steps to example code http://docs.fidor.de Developer Support Documentation The place to start Now!
28. p. 29 p. 29 Make Our Bank Your Bank
29. p. 30 Contact Fidor Bank AG Sandstraße 33 | München www.fidor.de Stefan Weiß weiss@fidor.de @weiss2go
30. p. 31 p. 31 Bitte beachten sie, dass die Fidor Bank keinerlei Gewähr für die Aktualität, Korrektheit, Vollständigkeit oder Qualität der bereitgestellten Informationen übernimmt. Haftungsansprüche gegen die Fidor Bank, welche sich auf Schäden materieller oder ideeller Art beziehen, die durch die Nutzung oder Nichtnutzung der dargebotenen Informationen bzw. durch die Nutzung fehlerhafter und unvollständiger Informationen verursacht wurden, sind grundsätzlich ausgeschlossen, sofern seitens der Fidor Bank kein nachweislich vorsätzliches oder grob fahrlässiges Verschulden vorliegt.
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