it를 통한 금융혁명, 핀테크_창조경제연구회

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4. 112(1) 112(2) 114(3) 117

5. 118(1) 118(2) 120

. 1221. 122

(1) 122(2) , 124(3) 128

. 1341. : 134

(1) 134(2) 139

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3. 155(1) 155(2) 159(3) 160

4. 161(1) 161(2) 163(3) , 165(4) 166(5) 168(6) 171

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.

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,

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IT

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(, 2015)

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.

[]

: Bain & Company(2013) , IT

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, - Accenture , 0% IT

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.

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.

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.

[] :

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IT ,

. 1.

(1)

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, 2008 9 2,000 2013 29 7,000 5 3

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[]

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, , fraud , 2013 42%, 38.7%,

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.

[]

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IPO (OnDeck) 2014 12 17

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(2)

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IT ,

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.

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(14.8)

SNS (14.4), EU (), ()

(14.4): (2014)

IT Accenture 2020 2013 25%

(fragmented)

102 14 IT ,

IT ,

[]

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FinTech Innovation Lab - 15

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7~8 - 3

, ,

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1034.

.

(2)

IT 1995 10

- ,

IT

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-

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104 14 IT ,

IT ,

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,

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, , ,

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1054.

.

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(API) -

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(JOBS) , 10

(emerging growth company)

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-

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, , - 10 2,000

5% , 10 10% 10

, , , SEC (, 2013)

1074.

.

3.

(1)

, ,

2013 2 6500 , 2008

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38 , 10 ,

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(: )

42 , 40, 2

- , , , , , , (, IBM )

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108 14 IT ,

IT ,

---- ,

, ,

- , ,

, - 18 - , 50

, - , ,

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-

[]

:

1094.

.

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LMRKT, Bloom, Estimize, Toopher

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Estimize - buy-sell , . Toopher - ,

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(SequoiaCapital) 50 10 (1 )

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2015 Tesco- , ,

110 14 IT ,

IT ,

(2)

, (IT)

- ,

-

(2012, ) - (Financial Conduct Authority: FCA) (Innovation

Hub) (2014.10.28, ) -

(2014.8.6) 2008~2013 ( )

(51%) (23%)

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, , FCA

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.

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, , P2P

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- , : (2015)

- / , ,

/ , ,

112 14 IT ,

IT ,

,

--

[]

: BIS(2014a),

4.

(1)

P2P - 650 , 3 48%,

69% (70%) , (8%)

- - IT P2P 2009 9 P2P

2012 200 2013 800 4 , 2014 2 1,540

1134.

.

- P2P 2014 12 322 ,

[] P2P

:

,

- 4

,

IT - 2004 2007

,

- 2013 MMF , 2015

5

- GDP 60% 75%

114 14 IT ,

IT ,

-

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()

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() //

()

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, ( )

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.

3

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- 1 100 - 2014 8 ,

IT

- ,

,

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() ( 3%)

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- 2

116 14 IT ,

IT ,

IT IT

[] IT

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, ,

, ,

- ,

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, , , IT

, IT

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.

[] vs.

: KOTRA

(3)

(Payment

Service Permit) -

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5 ,

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118 14 IT ,

IT ,

5.

(1)

- DLJ SFG ('03),

('04), Edy ('09), eBank ('10)- ' '

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24 []

: KOTRA

(Jibun Bank)- UFJ 2008

KDDI

1194.

.

Coiney- Coiney , MoneyLook / Kakeibon-

Zaim-

P2P P2P

(Money Lending Business Act) (legal entity)

-

- P2P

AQUSH - AQUSH

- 2 ,

* 1 2

, 2 1

P2P 2009 12 $14.3mn 20%

- 5750, 3750, ROI 7.64%, 36 ROI 6.6%

120 14 IT ,

IT ,

(2)

150

10,000 12,000 . Direct loan 2 (3billion, 10% )

()- BNP 2013 ,

, ()- 10 25

,

M-Pesa- 2007 - - , , , 1 2

6 6 - - -

1214.

.

[]

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* * Innovation Fintech* *

* , 8%* * * ,

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IT ,

. 1.

(1)

18

[]

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, , , , , -

, , ,

- 2009~2012 2006~7 58% 15)

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(WEF) 80 - 2007 11

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1234.

.

[]

: []

: (WEF)

124 14 IT ,

IT ,

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[] IT

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2010

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1254.

.

[]

: (2014) , 10 X,

[] 10

: IDC(2014) IDC 2014 100

- 1 IT '

(FIS)' 100

126 14 IT ,

IT ,

- , 10 , , IT

IT

2002 2

17)- 2, 3 1

1000 , , IT

- ,

- 2008

, - (1000)

* 250

( )

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1274.

.

P2P 2005 (www.zopa.com) 2007 5 (Money Auction) , (Lengindclub.com) 2007

- 2014 12 11 8 7 IPO , 90

IT ,

- , ,

IT, 2002 SKT IT

, 2014 7 X,

,

PG(Payment Gateway) - KG, , , P2P : 2007 - , , : : 'TOSS' NFC: (NFC) : (14) : , 12 2

230 , 1300 100

128 14 IT ,

IT ,

(3)

: IT ,

- , ,

- , - 4%

( )

-

, 2001 14 12 , 201

- (IT ) ( 2015.1.27. IT IT )

- 1

- , , PG()

(Positive) ( )

- ,

1294.

.

- 10 ,

:

[]

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[]

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: 10 X

130 14 IT ,

IT ,

[]

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-

- , 1,000

:

,

/

1314.

.

[]

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,

, , , 2014 ,

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-

, (14.11)- , , * (35,14.12.12.) : (9), (16), (5

), (3), (2) IT (2015.01.27)

132 14 IT ,

IT ,

[] IT

: IT (2015.01.27)- 2015 1 27

IT

- - (2 ) 2

-

- ICT

-

1334.

.

(2015.02.17.) - (

) ,

- -

- 15 2 1 1 KG

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,

2015 1 27

(Task Force) ,

1) 2) 3)

4)

. , .

134 14 IT ,

IT ,

. 1. :

(1)

2000 (

)

1998 , ( )

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2005 , CVC() ( )

PG(Pay Gate), OTT(IT ), , , (,2014)

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, - : ,

1354.

.

- : (NFC)

- (): BM, ,

[]

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, , , ,

136 14 IT ,

IT ,

[]

: (2014)

[]

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1374.

.

Stripe, Venmo, Square

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[]

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, ,

,

138 14 IT ,

IT ,

[]

: (2013), , 51

/ TransferWise: P2P 1/10 -

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2011 1,059 2017 7,210

6 7

1394.

.

- 2013 1 1 1,270 2014 2 3 1,930 1 283% (20, 30 PC )

[]

: (2014)

(2)

, X

,

IT , - ():

(14)- (): ,

, , - G, : (14)- : ,

140 14 IT ,

IT ,

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[]

: KICC(2014)

,

- , ,

- ( , ) (2013.4)

1414.

.

- , 6,000

- ,

- [] IT

: X

[]

,

R&D, , ,

142 14 IT ,

IT ,

- GE 1980 85% , 75%

(Product-Service System: PSS)

- ()

PSS PSS

[] (Product-Service System)

: (2010)

1434.

.

2. : P2P

(1) P2P

P2P P2P P2P

(peer-to-peer) (, 2012)

(node) (node)

- , P2P(Pear to Pear) Lending()

[] P2P

: (2012. 02. 22) P2P P2B

144 14 IT ,

IT ,

- 2006 2 P2P Prosper Lending Club , OnDeck

[] P2P

P2P

[] P2P

: P2P , , 28

P2P - 2010 3 P2P 2013 3 34 10

1454.

.

- P2P 2016 640 , 2025 10,000

(2) P2P

P2P 2006 2, P2P Prosper P2P

- Lending Club

2008 P2P

-

2008, Securities and Exchange Commission(SEC) P2P

Prosper Lending Club SEC Prosper Lending Club

(Notes) Folio Investing Note Trading

- Lending Club

P2P 2007 6 P2P

2009 9 2014 11 1540

- P2P 2009 3000 2012 9 4000

P2P (Hu Wei, 2013)

146 14 IT ,

IT ,

- 2013 9 , 6 1 2,900

P2P (KIEP , 2014)

2013 P2P

- 2013 4 58 - 2013 11 P2P (Hu

Wei, 2013)- 2013 12 10

P2P P2P

- 2014 1 3 (107 P2P

P2P Zopa 2005 2, P2P

5 2010 8 Funding Circle P2B - Zopa

2010 9, RateSetter (Provision Fund)

P2P 2013 Assetz Capital 1.5m

P2P P2P 2007 5

(Money Auction) , (P2B)

1474.

.

[]

: :

P2P 2007 P2P

P2P 0.887% P2P

2007, Maneo, Inc. Exchange Corporation K.K.(ExCo) P2P Maneo, Inc Maneo 2008

- Maneo P2P P2B(peer to business)

2009, Exchange Corporation AQUSH - AQUSH P2P ,

- Lending Club SBI 2008 SBI Social Lending Co.,

Ltd 2011 Crowdcredit, Inc. 2013 Crowd Bank 4 P2P

Crowdcredit 2014 5 P2P - Crowd Bank , ,

Crowdcredit, Inc. P2P

148 14 IT ,

IT ,

(3) P2P :

,

[] P2P

P2P P2P

1494.

.

(4) P2P

P2P P2P - P2P

2008, (SEC) Notes Securities Act of 1933

Notes - Prosper Lending Club Zopa

SEC 3 - 1) SEC - 2) Notes SEC - 3) (prospectus) SEC EDGAR(Electronic Data-Gathering, Analysis, and Retrieval)

- Notes

P2P P2P Financial Conduct Authority P2P

, (, 2012) Financial Service Compensation Scheme(FSCS)

, P2P Finance Association

Financial Conduct Authority 2014 4 P2P

P2P P2P

(Money Lending Business Act) (legal entity)

150 14 IT ,

IT ,

P2P

P2P P2P

- 2015 2, P2P 8%

(5) P2P P2B

OnDeck: P2B 2007 (OnDeck) 7 17

, 2014 1~9 1 760

(OnDeck) 2014 12 17 8 7 IPO , 20

[]

: OnDeck

1514.

.

10

- , , SNS - 500 2 5000 18 - 1. 1 - 2. $100,000 - 3. 500 24 - 1. 3 - 2. $100,000 - 3. - 4.

Lending Club: P2P 2007 P2P() (Lending Club) 2014 12 11

8 7 IPO , 90 Lending Club $6,205,366,548(2014 9 30 )

$595,817,848(2014 9 30 ) 5.6% 35.8% 1.5%

10% Lending Club - (borrower) Lending Club -

(10% ) -

(Investor, lender) Note

152 14 IT ,

IT ,

- Note $2,500 100 Note

1% - (A) ,

(G) []

: Lending Club

- A : 4.74%, B : 6.94%, C : 7.98%,

D : 7.89%, E : 8.82%, F+G : 8.32%

(2014 4) 3 12.07%, 5 16.92% 14.09%

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1534.

.

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154 14 IT ,

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, 2012

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158 14 IT ,

IT ,

,

- 2010 2012 12.6%, 15.3%, 11.7% , 28% (, 2013)

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530 , 8,000 (, 2013)

(Direct Public Offering: DPO) (Initial Public Offering: IPO) , ( , )

- 2013 , 31 2 - 2 : ,

1594.

.

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, 2013 6

2

160 14 IT ,

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1614.

.

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164 14 IT ,

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166 14 IT ,

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170 14 IT ,

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.

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172 14 IT ,

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.

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,

19) , 2014.

174 14 IT ,

IT ,

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1754.

.

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176 14 IT ,

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178 14 IT ,

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.

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180 14 IT ,

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.

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182 14 IT ,

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.

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- GDP 60%, 75% ,

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184 14 IT ,

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186 14 IT ,

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1874.

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,

,

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(BIS) (Basel Committee on Banking Super vision) 2001

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,

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-

188 14 IT ,

IT ,

- The bank must determine which authentication methods to use based on managements assessment of the risk posed by the e-banking system.

- , ,

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2001 7 (UNCITRAL) (Principle

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.

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(one size fits all) , (must determine)

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190 14 IT ,

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192 14 IT ,

IT ,

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194 14 IT ,

IT ,

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.

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196 14 IT ,

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198 14 IT ,

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, - 300

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, IT IT

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200 14 IT ,

IT ,

,



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202 14 IT ,

IT ,

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, 2015 127 IT - 1) 2)

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, []

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.

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204 14 IT ,

IT ,

[]

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.

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: (2015)

206 14 IT ,

IT ,

PG

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.

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208 14 IT ,

IT ,

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,

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IT ,

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.

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.

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214 14 IT ,

IT ,

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.

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216 14 IT ,

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.

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2194.

.

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: ,

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, ,

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220 14 IT ,

IT ,

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,

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.

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224 14 IT ,

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.

,

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,

- , - , IT

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,

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,

IT - , ,

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226 14 IT ,

IT ,

- - ,

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,

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.

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228 14 IT ,

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2334.

.

startup Fintech BootCamp, FinTech Innovation Lab

- Partnership Fund Accenture

- American Express, Bank of America, Barclays, Citigroup, Credit Suisse, UBS Plug&Play Lending Club IPO

- startup

( )- .

10 . M&A - IPO

startup Longtail: , - , , mint.com , ,

- (Kabbage)

7 - Wealthfront 10,000

, 0.25% M&A , ( Duedile)

- ,

?

234 14 IT ,

IT ,

- , ,

O2O

- (Klarna) ,

SW

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-

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2354.

.

. (1) ,

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() ,

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P2P

, , P2P

2008 1 5 2013 3 , 2018 8

IT 2008 (ROE)

, , X

WEF() 144 80

86 - 100 ,

236 14 IT ,

IT ,

(2)

,

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,

,

2374.

.

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(PG: Pay Gate)

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238 14 IT ,

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,

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,

,

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,

2394.

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,

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240 14 IT ,

IT ,

[]

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[14-73], 2014.KIAT(2012), , KIAT

[2012-47], 2012.11.Mckinsey&Company, KB, , 2014, ICT : ,

, 2014. (PG) - , , 2014.11.12., P2P , , [4

50], 2014.12. , , 2014 IT (), , 2014., , KFTC, 2008., , , 2014., P2P , , [4 27],

2014.12.(2015), , KIF 24 3, IT , , 2014., , , , 2015.(2014), ,

CEO Report [2014 2], 2014.1.(2014), (IoT) ,

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16], 2014.4, , ICT :

, 2014., IT : , , 2014.

2414.

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, 2014.10., (2014), , LGERI, 2014.12.(2014), , [4

47], 2014.12. , , 2015. ,, 2014, , , , IT , , 2015.1., , , 2014.7, , , 2013, , , 2015., " " , 2014.4.22.(2013), ,

3 27, .(2012), Crowdfunding ,

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, 2015.1., ICT ICT , KISDI, 2014, IT , KDB, 2014

242 14 IT ,

IT ,

, , 2014., : , , 2014.(2014), , .(2015), 2015 , , 2015 , , 2013. , , 2012. , , , 2014.4.(2013), IPO , JOBS , 343,

2013.11.(2013), , Weekly Hana

Financial Focus 3 16., , 2015.2.21.(2013a), , .(2013c), , 22 33,

.(2013d), SEC, ,

. , ,

2014-65, 2014.11, , , 2014.

1st study of Fintech Startups & Innovators in Germany, Austria, and Switzerland, TechFluence Consult UG, Fintechforum.de, , 2014.

Accenture, the Boom in Global Fintech Investment: a new grwoth opportunity for London

AWI, KPMG, FSC (2014), The 50 Best Fintech Innovators Report, AWI, KPMG, FSC, 2014.

Collaborating to Compete in the Digital Era, CISCO, 2013.8.Fintech, the UKs unique ecosystem for growth, UK Trade & Investment, 2014KPMG, Unlocking the Potential:The Fintech opportunity for Sydney, 2014Landscaping UK Fintech, Ernst & Young LLP, UK Trade & Investment, 2012McKinsey&Company, Unleashing the Value of Advanced Analytics in Insurance,

McKinsey&Company, 2013.

2434.

The Global Information Technology Report 2014, Rewards and Risks of Big Data, WOrld Economic Forum, 2014.

World Economic Forum 2012, Rethinking Financial Innovation: Reducing Negative Outcomes While Retaining the Benefits

World Economic Forum 2014. The Role of Financial Services in Society: Towards Responsible Financial Innovation

244 14 IT ,

IT ,

P2P ( ) 2006 (www.moneyauction.co.kr) P2P - , 2012 - ()

- 5,000 300 - 10 3000 .

( .) P2P -

P2P P2P - - - - .=> P2P ICT - SNS - , -

15% .-

( )

2454.

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IT - IT

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246 14 IT ,

IT ,

* . ( )

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( ). .

2495.

[ ] 2015-02-23

IT (Fin-Tech) . . . .

WEF() 144 80 . 86 . 100 , . ,

. .

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250 14 IT ,

.

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[ ] 2015-02-16 17:54

. . 4 . . . . .

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. . , IT . , , .

252 14 IT ,

. . . . , .

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2535.

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254 14 IT ,

. . . , . .

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, , , , , . IT IT . , . .

2555.

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(IT) (Fin-Tech) . . . .

(WEF) 144 80 . 86 . 100 , . ,

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256 14 IT ,

. , .

300 300 . . . . .

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[ & Segye.com, ]

2575.

[ ] 2015-01-19 14:13

. (FinTech) IT . SNS, . . .

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258 14 IT ,

, .

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, , , , , .

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2595.

[ ] 2014-12-22 10:49

-(Peer to Peer) . , P2P (Finance + Techonology) . .

.

. 80 .

. 2011 4 . . . . .

(IT) , , IT . .

(?) . .

2009 . ICT

260 14 IT ,

ICT . (Pay Gate) .

BIS . (one size fits all) . , , , , FDS (must determine) . . , .

2 . FDS . 10 12 , . .

2636.

!() 32 ,

:)

1. : 02-577-8301 (: ) 2. : () 1005-702-535568 (: ) 1. 2. 100,000 2 3. 1,000,000

2015

() ()

10,000,000(i-KAIST)

()

5,000,000()

()

264 14 IT ,

1:

2: M&A

3: 3.0

4: 5: 6:

,

7: , IP

8: 2.0:

9: ,

2656.

10: 11: , 12: ,

13: ,

IT ,

11 2015 2 2411 2015 2 24

()

2014-000091(135-855) 28 12 3

02-577-8301 02-577-8302www.kcern.org

, 2014ISBN 979-11-952630-9-7

10,000