http://www.idc.com/downloads/2012FinTech100.pdf

Prof. Stanley Fischer's time at the head of Israel's central

bank has won him supporters at home and overseas,

with Euromoney magazine naming him their central

bank governor of the year for 2010.

Fischer was praised for his "bold move" to raise interest

rates in September 2009, making Israel the first country

to do so, saying his decision "proved well-guided and

prescient."

Copyright © 2013 AFP

..."

. המרגיע והמנתח, והמרפאהמאבחן

שלא יהיה מוגזם לייחס לו האיש

. שליש מהצמיחה במשק

של סטנלי פישר היא ההתפטרות

."כואבתמכה Ynet, סבר פלוצקר

Bricks and Clicks: Trends and Opportunities

Bricks and Clicks: Printing Industry

Bricks and Clicks: The Financial World

FinTech: Trends and Opportunities

Banking In a Physical World Marc DeCastro,

research director, Consumer Banking at IDC Financial Insights

October 2012

Year after year, the branch continues to defy

the critics and is in fact not going to be

“stone dead” any time soon.

Consumer Banking Channel usage 2012 2011

Branch teller 85.1 78.5

Internet 84.8 85.3

Branch ATM 81.8 71.3

Debit card purchase 78.4 67.1

Debit card with cash back 54.9 41.8

At another ATM 48.3 39.5

Mobile 43.8 23.2

Call Center 38.3 24.9

FinTech: Trends and Opportunities

How to

Change Your

Business Model David Potterton

From discussions with financial services

professionals over the year, we have come to an

unfortunate conclusion: most bankers do no yet

recognize that the pre-2008 world no longer exists.

Top Enterprise Companies in FinTech

Biggest Movers These companies made large jumps up or down in our rankings in 2011. We provide clues as to why PLACES RANK CLIMBED/DECLINED 2011 2012 WHY FinTech 100

Six Payment Services +24 46 70 SIX merged SIX Multipay, SIX Pay and SIX Card Solutions. Vasco Data Security +19 67 86 Landed several large transactions in the banking market. Pegasystems +18 49 67 Significant customer wins, including a large U.K. bank. Virtusa Corporation +15 64 79 Acquired ALaS Consulting LLC, a financial services consulting firm. MphasiS -18 41 23 Percentage of financial services revenue dropped from 42% to 36%. ISGN -14 82 68 Revenue dropped from $126 million to $90 million. Oberthur -13 33 20 % revenue from financial institutions dropped from 55% to 35%. Itautec S.A. -6 34 29 Revenue dropped from 2010 to 2011, financial services percentage stayed the same Enterprise 25 HCL Technologies Ltd. +4 20 24 Company is seeing strong demand, signed several new contracts in 2011. Microsoft +3 3 6 Total revenue is up while financial services percentage stayed the same. Teradata +2 23 25 Two former Enterprise 25 companies dropped out, letting Teradata move up. Cisco -2 7 5 Cisco exited the Flip camera business, reorganized and faced strong competition. Deloitte & Touche -2 17 15 Challenging market conditions.

Gartner Hype Cycle

A matter of Trust

Radical vs Incremental Innovation

The case of Starbucks Starbucks' Mobile Payment Application

Challenges NFC Mobile Payments

Pent-up Merger Activity Builds Karen Massey

senior analyst, consumer banking, IDC Financial Insights

We expect to see continued

merger and acquisition

activity in this space since the

number of providers is still

large and financial institution

clients continue to exert cost

containment pressure.

FinTech: Trends and Opportunities