1. How Incumbent Banks can benefit from PSD2
Head of investment sales
Marius Dubnikovas

2. 25 000 corporate clients 600+ number of investment specialists
„Mandatum Life" – exert in life insurance and investments
Member of large financial group
Our official partner
600+ number of investment specialists
individual clients
corporate clients
AUM € 8,7 mlrd.

3. Revolution 4.0

5. Banking is essential, but banks are not.
Bill Gates, mid 90’s
Banking is essential, but banks are not.

6. Andreessen Horowitz, 2014
“We have a chance to rebuild the system ... You shouldn’t need 100,000 people and prime Manhattan real estate and giant data centers full of mainframe computers from the 1970s to give you the ability to do an online payment.”

7. What do the banks really do?
Source:

8. Partnership is the answer

9. 4-way benefits
Affordability
Availability
Accessibility
Openness

10. The future is hear – concentration of banks is near.

11. Financial Institution of the Future

12. “The future face of the Invincible bank” KPMG, October 2016
By 2030, technology will drive a fundamental shift in banking. It can move from being hidden to completely invisible. This Invisible Bank will be buried within a broader, more digital, connected way of life.
Banks can own the product layer - product, balance sheets, security and custody of assets - but a new wave of utilities - outsourcers, fintech and existing giants such as Visa.

14. Licensed API’s
Cross boarder passporting – 27 countries
Low capital requirement – 125k eur
Ability to become principal members of SWIFT, VISA, MasterCard, obtain IBAN identifier, all necessary tools to conduct all banking services except deposit taking and lending.

19. Thank you for attention. Questions?
Marius Dubnikovas