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Form3 Powering the future of payments Fintech Talents 2018 1

Powering the future of payments - FinTECHTalents · Powering the future of payments Fintech Talents 2018!1. How can electronic payments take 2 hours?!2. 10 seconds 24 members 30 min

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Page 1: Powering the future of payments - FinTECHTalents · Powering the future of payments Fintech Talents 2018!1. How can electronic payments take 2 hours?!2. 10 seconds 24 members 30 min

Form3Powering the future of payments

Fintech Talents 2018

!1

Page 2: Powering the future of payments - FinTECHTalents · Powering the future of payments Fintech Talents 2018!1. How can electronic payments take 2 hours?!2. 10 seconds 24 members 30 min

How can electronic payments take 2 hours?

!2

Page 3: Powering the future of payments - FinTECHTalents · Powering the future of payments Fintech Talents 2018!1. How can electronic payments take 2 hours?!2. 10 seconds 24 members 30 min

10 seconds24 members

30 min - 2 hoursOver 1,600 non-members

FASTER PAYMENTS

Consumer Banking App Direct Participant A Direct Participant B Consumer Banking App

PSP A Bank C Bank D

PSP B PSP C

!3

Mobile & Web App

Page 4: Powering the future of payments - FinTECHTalents · Powering the future of payments Fintech Talents 2018!1. How can electronic payments take 2 hours?!2. 10 seconds 24 members 30 min

10 seconds24 members FASTER

PAYMENTSConsumer Banking App Direct Participant A Direct Participant B Consumer Banking App

PSP A Bank C

PSP B PSP C

!4

Form3 Form3

10 secondsDirect Participant OR

Indirect Participant

Page 5: Powering the future of payments - FinTECHTalents · Powering the future of payments Fintech Talents 2018!1. How can electronic payments take 2 hours?!2. 10 seconds 24 members 30 min

Market entrants:disrupting incumbents

Incumbents: enhancing to meet customer expectations

Tier 1 Players: platform replacement strategies

!5

Form3 democratisesaccess to payment systems

Page 6: Powering the future of payments - FinTECHTalents · Powering the future of payments Fintech Talents 2018!1. How can electronic payments take 2 hours?!2. 10 seconds 24 members 30 min

Compete

UK, Europe and expanding

Own Sort Code &Real addressable accounts

Secure - No Hardware or Software

Keep up with industry change

All payments under 10 seconds

!6

Page 7: Powering the future of payments - FinTECHTalents · Powering the future of payments Fintech Talents 2018!1. How can electronic payments take 2 hours?!2. 10 seconds 24 members 30 min

Changing the CorporateFX Experience

Enabling Merchant and Issuers

Disrupting Retail Banking in UK & EU

!7

Disrupting UK Clearing Bankings

Enhancing user experience in UK

Page 8: Powering the future of payments - FinTECHTalents · Powering the future of payments Fintech Talents 2018!1. How can electronic payments take 2 hours?!2. 10 seconds 24 members 30 min

Operations

Business Development

Platform Engineers

!8

Form3 platform - built by engineers for engineers

We are hiring!Customer Success

Page 9: Powering the future of payments - FinTECHTalents · Powering the future of payments Fintech Talents 2018!1. How can electronic payments take 2 hours?!2. 10 seconds 24 members 30 min

© Back Office Technology Ltd. (Form3)7 Harp Lane, London EC3R 6DPform3.tech

CopyrightForm3@2018 All rights reserved.You may copy this publication within your organisation. Any such copy must include these legal notices.

ConfidentialityThis document contains Form3 confidential information. Do not disclose this document or the information it contains outside your organisation without the prior written consent of Form3.

ImportantForm3 refers herein to Back Office Technology Ltd, having its registered address at registered address 7-10 Chandos Street, London, W1G 9DQ, in England.This document is provided for information purposes only and the contents hereof are subject to change without notice. This document is not warranted to be error-free, nor subject to any other warranties or conditions whether expressed orally or implied by law. We specifically disclaim any liability with respect to this document and no contractual obligations are formed either directly or indirectly by this document !9