SWIFT CHALLENGE HADU REMITTANCES VIA BANKS MSc Information System - - PowerPoint PPT Presentation

SWIFT CHALLENGE HADU

REMITTANCES VIA BANKS MSc Information System Management and Innovation – Warwick Business School

https://youtu.be/F3CEgPRSbJs

13k islands 278 million subscribers 4th largest mobile market in the world Remittance = $ 1691.86 Million

NSDT

NSDT

NSDT

Your Account

Banks

Gateways Pathways

Financial Institution

Fund Transfer Process

Sending Bank Receiving Bank Central Counterparty Sending correspondent / liquidity server Central Counterparty Receiving correspondent Lifting fees Lifting fees FX cost $$$

$ $

Rp Rp

$Rp $Rp

Sending Bank Receiving Bank Liquidity Provider A FX Cost $ Liquidity Provider B FX Cost $$$

Normal Bank Procedure Hadu Network Procedure

Finances: End-to-End Services

Bank \ Western Union Hadu Network Procedure OR

Network Set up Branches Network Bus Transfer NSDT

Indonesian Government Regulation & KYC

RTGS Clearing House Card Payment

Authorised Fund Transfer Organisation

Customer Policy Customer Identification Procedures Monitoring of Transactions Risk management Risk mitigation International Protector

• Real time screening technology

Risk Analysis

Double check Logging systems

• PINCODE,

barcode Insurance company

• Prudential

Plc - global

company with branches in

• Indonesia. O

nly 3% of Indonesian (0.2 billion) had the insurance by 2010.

G4S

• Cash

transportat ion service with high security vehicles -- CASH360™ GPS tracker

• For

security reason Trained and professional staff cooperate the G4S security

Solutions

Competitor Analysis

Competitive advantage

• Azimo
• M Pesa
• Afrimarket
• Western Union

Industry Trend

• Start-ups are disrupting the

market that could save developing countries an estimated $16 billion yearly.

Marketing Strategy

• Advertising on G4S vehicles
• Partnering with other charity
• rganisations e.g. UNICEF, WHO

THANK YOU