FinTech
According to Peter Drucker, what is innovation? - ANS-Innovation is the implementation of
something new. Specifically, it's miles doing some thing in a different way if you want to better
the final results (or yield better outcomes) than previously finished.
"Changing the fee and pleasure acquired from resources by way of the consumer"
Are robo-advisors disruptive? - ANS-YES- Tapped into fringe marketplace, won't to start with be
attractive to mainstream, avoids head-on opposition with incumbents, begins out with lower
earnings margins, haven't visible them absolutely displace incumbents though
Capital One: Disruptive or maintaining? Why? Mix of natural and inorganic innovations? -
ANS-Sustaining- They entered retail banking in early 2000s, extending their product offerings
throughout their existence with out inflicting disruption.
Nice portfolio of patents and multiple acquisitions of retail banks and cyber security corporations
have allowed them to come to be a dominant business enterprise in tech innovation.
How can you degree inorganic innovation? - ANS-Acquisitions and licensing agreements
How are you able to measure organic innovation? - ANS-Patents
How do robo-advisors find the proper danger-go back profile for traders? - ANS-Asks buyers a
couple of persona questions and makes use of algorithms to gage their risk preferences.
How have FinTech firms disinter mediating in lending markets? - ANS-Rely heavily on
information analytics, slicing out middle guy by means of utilizing era driven systems
How have lending FinTech agencies started out to reintermediate? - ANS-Shifting towards a
brand new shape of intermediary by way of gathering transaction charges and pooling together
loans, securitizing them, and selling to institutional investors.
How have bills systems advanced over the last generations? - ANS-Started with carbon replica
credit playing cards that might take days to seem within the receiving account. Now we've
immediately digital transfers and unmarried carrier POS.
How have tech organizations in China entered Digital banking? - ANS-- WeBank with the aid of
Tencent
- MYBank by using AliBaba
, Is MasterCard sustaining or Disruptive? Why? - ANS-Sustaining- They do not test disruptive
bins
Is p2p sustaining? - ANS-No, disruptive- Checks many bins
Lending Tree: What type of lending company is it? How have they innovated? Organic or
Inorganic? - ANS-- Online Exchange
- Innovated Organically and inorganically thru eight patents and aquisitions of many agencies
- accelerated products to consist of car loans, domestic loans, scholar loans, and many others.
MasterCard: Give examples of organic and inorganic innovation? - ANS-Nearly 3,000 patents
2012-2014: Invested and bought NFC-era from the company C-SAM
- Shortly when they rolled out "MasterPass"
Mr. Brady stated that. Some of the first-class begin-united statescome out of a disaster. Why? -
ANS-There are fewer jobs within the economic system- start-united states of americaare
capable of recruit distinctly proficient people for an excellent fee
Potential exit strategies for FinTech firms? - ANS-IPO, Acquisition, closing commercial
enterprise
Rocket Mortgage: Who owns them? Sustaining innovation? - ANS-QuickenLoans, Online
lender, sustaining
Shape of Mean-Variance space? What is least volatile portfolio called? What is the a part of the
curve known as that lies above this point? - ANS-Parabola, Global Minimum Variance, Efficient
frontier: a part of graph that offers as top or higher go back for little or less threat
Sources of financing for start-ups? - ANS-1. Seed Financing
2. Angel Investors
3. First round fairness (Series A- Typically VC)
four. Additional rounds of fairness (Series B, C, ...)
five. Capital Markets
6. Mezzanine Financing
7. Exit Strategy
Venmo: Disruptor? Why? - ANS-Yes, they take a look at off many boxes: started out with fringe
market, accelerated to supplying more products by using evolving into the bills space
What are "robo-advisors"? - ANS-Automated internet-based totally wealth control platform that
constructs and manages portfolios for individuals based totally on their specific risk alternatives
using sophisticated algorithms.
What are the "Seven Sources of Innovation"? - ANS-1. The surprising
According to Peter Drucker, what is innovation? - ANS-Innovation is the implementation of
something new. Specifically, it's miles doing some thing in a different way if you want to better
the final results (or yield better outcomes) than previously finished.
"Changing the fee and pleasure acquired from resources by way of the consumer"
Are robo-advisors disruptive? - ANS-YES- Tapped into fringe marketplace, won't to start with be
attractive to mainstream, avoids head-on opposition with incumbents, begins out with lower
earnings margins, haven't visible them absolutely displace incumbents though
Capital One: Disruptive or maintaining? Why? Mix of natural and inorganic innovations? -
ANS-Sustaining- They entered retail banking in early 2000s, extending their product offerings
throughout their existence with out inflicting disruption.
Nice portfolio of patents and multiple acquisitions of retail banks and cyber security corporations
have allowed them to come to be a dominant business enterprise in tech innovation.
How can you degree inorganic innovation? - ANS-Acquisitions and licensing agreements
How are you able to measure organic innovation? - ANS-Patents
How do robo-advisors find the proper danger-go back profile for traders? - ANS-Asks buyers a
couple of persona questions and makes use of algorithms to gage their risk preferences.
How have FinTech firms disinter mediating in lending markets? - ANS-Rely heavily on
information analytics, slicing out middle guy by means of utilizing era driven systems
How have lending FinTech agencies started out to reintermediate? - ANS-Shifting towards a
brand new shape of intermediary by way of gathering transaction charges and pooling together
loans, securitizing them, and selling to institutional investors.
How have bills systems advanced over the last generations? - ANS-Started with carbon replica
credit playing cards that might take days to seem within the receiving account. Now we've
immediately digital transfers and unmarried carrier POS.
How have tech organizations in China entered Digital banking? - ANS-- WeBank with the aid of
Tencent
- MYBank by using AliBaba
, Is MasterCard sustaining or Disruptive? Why? - ANS-Sustaining- They do not test disruptive
bins
Is p2p sustaining? - ANS-No, disruptive- Checks many bins
Lending Tree: What type of lending company is it? How have they innovated? Organic or
Inorganic? - ANS-- Online Exchange
- Innovated Organically and inorganically thru eight patents and aquisitions of many agencies
- accelerated products to consist of car loans, domestic loans, scholar loans, and many others.
MasterCard: Give examples of organic and inorganic innovation? - ANS-Nearly 3,000 patents
2012-2014: Invested and bought NFC-era from the company C-SAM
- Shortly when they rolled out "MasterPass"
Mr. Brady stated that. Some of the first-class begin-united statescome out of a disaster. Why? -
ANS-There are fewer jobs within the economic system- start-united states of americaare
capable of recruit distinctly proficient people for an excellent fee
Potential exit strategies for FinTech firms? - ANS-IPO, Acquisition, closing commercial
enterprise
Rocket Mortgage: Who owns them? Sustaining innovation? - ANS-QuickenLoans, Online
lender, sustaining
Shape of Mean-Variance space? What is least volatile portfolio called? What is the a part of the
curve known as that lies above this point? - ANS-Parabola, Global Minimum Variance, Efficient
frontier: a part of graph that offers as top or higher go back for little or less threat
Sources of financing for start-ups? - ANS-1. Seed Financing
2. Angel Investors
3. First round fairness (Series A- Typically VC)
four. Additional rounds of fairness (Series B, C, ...)
five. Capital Markets
6. Mezzanine Financing
7. Exit Strategy
Venmo: Disruptor? Why? - ANS-Yes, they take a look at off many boxes: started out with fringe
market, accelerated to supplying more products by using evolving into the bills space
What are "robo-advisors"? - ANS-Automated internet-based totally wealth control platform that
constructs and manages portfolios for individuals based totally on their specific risk alternatives
using sophisticated algorithms.
What are the "Seven Sources of Innovation"? - ANS-1. The surprising
