{
  "docId": "019dd923-5ca1-7489-b639-ed29e4fe082c",
  "docSlug": "c4a71a3191a84ea6",
  "documentTitle": "Redrawing the lines: FinTech’s growing influence on Financial Services",
  "authorId": "PwC",
  "authorName": "PwC",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.414,
  "pageNumber": 13,
  "pageCount": 20,
  "prevPage": 12,
  "nextPage": 14,
  "slideType": "industry_trends",
  "function": "diagnose",
  "density": "overcrowded",
  "nDataPoints": 5,
  "notes": "Includes a chart showing survey results on regulatory barriers to innovation.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "icon_grid",
    "bar_chart_vertical",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5ca1-7489-b639-ed29e4fe082c/13",
  "deckHref": "/decks/019dd923-5ca1-7489-b639-ed29e4fe082c",
  "deckJsonHref": "/decks/019dd923-5ca1-7489-b639-ed29e4fe082c.json",
  "deckAnchorHref": "/decks/019dd923-5ca1-7489-b639-ed29e4fe082c#slide-13",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "These regulatory hurdles can cost the world's largest banks up to US$4 bn per annum, as many of the processes to address them are still manual.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd951-dfa4-712e-831c-55f1f48d0555",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.35,
        "w": 0.35,
        "x": 0.6,
        "y": 0.55
      },
      "kind": "chart",
      "text": "Regulatory barriers to innovation survey results",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a23a9f45-b152-4d5a-a7c8-882bfdadfd35",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.13,
        "x": 0.435,
        "y": 0.135
      },
      "kind": "image",
      "text": "Falling rock warning sign with lightbulb",
      "attrs": null,
      "subkind": "illustration",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ec881a5a-9cbf-452b-8117-48c985705668",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Regulatory barriers to innovation: 54%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd951-dfa4-712e-831c-5bf05c2bda75",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.4,
        "x": 0.05,
        "y": 0.3
      },
      "kind": "paragraph",
      "text": "The term RegTech has emerged to characterise innovation and emerging tech focused on solving complex regulatory challenges... Historically, regulation was seen as a barrier to entry... These regulatory hurdles can cost the world's largest banks up to US$4 bn per annum...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b0d503eb-3890-4bc6-9034-cac71f7f9d0d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.35,
        "x": 0.6,
        "y": 0.23
      },
      "kind": "paragraph",
      "text": "Regulators are also looking at ways to leverage new technology and analytics to better manage systemic risk... We are going to see the deployment of ever more sophisticated technology...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ec5928e6-09d2-4377-9521-65018e48ee9e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.2,
        "x": 0.6,
        "y": 0.93
      },
      "kind": "source-note",
      "text": "Source: PwC Global FinTech Survey 2017",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2618406d-b0a5-4e0d-aa7f-f16812b0bfb1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.3,
        "x": 0.6,
        "y": 0.5
      },
      "kind": "title",
      "text": "Figure 12: Regulatory barriers to innovation",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3e8c8c14-ff15-4ffd-8722-38f9bc450369",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.35,
        "x": 0.05,
        "y": 0.23
      },
      "kind": "title",
      "text": "Regulations trigger disruption and innovation",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6ff2e070-8368-4f7e-85c7-350805565069",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 14,
      "from": 9,
      "beatId": "553f2f48-56cb-414f-8a90-015717797c1b",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Evidence",
      "beatSlug": "evidence",
      "evidence": "The slides on emerging technologies, innovative trends, and expected ROI provide evidence for the need for change",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [
    {
      "to": 14,
      "from": 10,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "ce2a63fd-6cc4-4871-9dc0-ef907d48042c",
      "evidence": "The slides on emerging technologies and expected ROI provide a golden circle argument",
      "position": 1,
      "objective": "Why should Financial Institutions invest in FinTech?",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.7,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}