HCLI - Corporate Presentation - 24 Frames Digital

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Nov 30, 2013 (3 years and 10 months ago)

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PAYMENT SYSTEMS


3
rd

Annual Summit

Innovative, Inclusive and Integrated

Approach for Payment Systems


Biju
J. John

HEAD, BANKING AND FINANCIAL SERVICES

HCL INFOSYSTEMS LTD


Payments system impacts

Payments

System

Contactless

Scheme

Mandates

Mobile

Payments

Profitability

improvement

and Cost

Reduction

Payment Systems and IT


Payment systems to be supportive of strong inclusive, functionally diverse, efficient and
flexible, financial system. Global standards required.


All are expected to DO MORE WITH LESS. With the insight of how cost, profit and value


are created, organizations can allocate resources more efficiently, earn profit and
maximize value.


Innovation and Integration is the major focus of E
-
Payments.


Information has long been a leader's most valued tool.


Analysed information helps avoid squandering valuable resources and using it with a
decision making framework requires great skill and investment; but it can deliver vast
rewards and reach you to your goal.


IT has brought seamless access to global resources and thinning of the branch and
connecting globally distributed back offices seamlessly


Efficiency and cost
-
effectiveness, making a 24/7 Customer experience possible


E
-
Banking reduces paper usage and storage costs


Green Banking


Energy reduction and usage of Energy Management

India
-

Facts


Second fastest growing economy, hotbed of technological advances


Worlds Largest Democracy; a sound legal and judicial system


20 million potential employees available to the IT industry alone


India has the 2nd largest pool of scientists and engineers


54% of Indians less than 25 years old


Youngest country


3
rd

Largest English speaking country in the world


Mobile phone subscriber base nearing 5 million, talking nation


$ 1031 annual per capita nominal GDP Ranked 139/180; among
poorest



Among top 5 countries when it comes to number of billionaires


We owe a lot to the Indians who taught us to count without which no
worthwhile scientific discovery could have been made.
-

Albert Einstein



The Future

No Innovation, No Integration = No Efficiency

Evolution of Payments

Core Payment
Products


Bank Transfers


Credit Cards


Debit (international and
domestic) cards


Stored value accounts
(SVA)


Physical channel: contactless
proximity technologies


Online channel


bank transfers,
cards or SVA accounts


Mobile channel


proximity or
remote payments; all payment
products


Critical mass for:


Online payments


Contactless payments


Mobile payments (open
and interoperable)


Mobile / online convergence

Channel / Technology
Innovations

Point of Arrival


Advanced Payments

Payments relating to Online
Commerce (B2C) and Online
Personal (P2P) payments.
These are made with payment
cards, bank transfers, or
stored value accounts

Payments made at points of
sale (POS)


card equipped
with RFID functionality.
Expected to be used for low
value transactions at
locations where speed of
payment is important

Mobile payments and other
financial services
transactions that are initiated
using a handheld mobile
communications device. This
covers both remote or NFC
based proximity payments

ONLINE COMMERCE

MOBILE PAYMENTS

(REMOTE, NFC)

CONTACTLESS

Key trends in three core areas of payments

A D V A N C E D P A Y M E N T S


Mobile phone : most successful communication device


Over a million new subscribers a day

1 billion+
subscribers

2 billion
subscribers

3.5 billion
subscribers

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

2003

2004

2005

2006

2007

2008

2009

2010

2011

Global mobile subscribers

(millions)

Actual

Projected

Estimated 5 billion
subscribers


Many developed countries over 100% penetration


Rising fast in developing countries


615 million mobile wallets in 2011, growing to 1.4 B by 2015

$


Domestic


Cross
-
Border
Remittances


Informational


Transactional


Proximity (Contactless)


Remote (Digital or
Physical Delivery)

Mobile Money
Transfers (P2P)


Mobile


Banking

Mobile

Payments / M
Commerce (P2B)

Mobile based Financial Services
-

opportunities
.

Each area offers opportunities to generate direct / indirect revenues

Mobile Financial Services

$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
2010
2011
2012
2013
2014
2015
Billions

Domination of Online payments will continue

Global Advanced Payment Forecasts


Relative Payment Volumes in $

Mobile
$510 B

Contactless
Cards $395 B

Online
$1,842 B

Source: Edgar, Dunn & Company Forecasts 2009


Advanced Payments Report 2009

ATM
-

Trends and current scenario


Total
0
50
100
150
2007
2008
2009
2010
2011
2012
2013
2014
2015
35

44

53

64

76

88

100

111

123

ATM Installations in India and estimates

@ 21%CAGR
-

Doubling
0.55Lakhs
to 1.23Lakhs
by
2015

0
500
1000
1500
2000
India
China
Russia
South
Africa
Brazil
France
UK
USA
South
Korea
47

150

362

406

643

849

1055

1345

1844

No of ATMs / Million
people
-

India at 47 ATMs per million people

HCL Infosystems In Payments


HCL

Infosystems

works

with

leading

providers

of

integrated

solutions

for

self
-
service

banking

and

payment

processing
.

The

same

solution

serves

over

1
,
500

customers

in

more

than

50

countries
.




Drives

self
-
service

financial

transactions

and

payments,

including

advanced

transactions

such

as

prepay,

through

Internet

access

points,

ATMs,

POS

terminals,

and

phones
.

More

than

100
,
000

ATMs

and

380
,
000

POS

terminals

worldwide

run

on

this

solution
.




Built

on

open

systems,

the

solutions

provide

consolidated

management

information,

card

management,

3
DES

and

EMV

enablement,

and

loyalty

management
.




Complies

with

new

regulations

and

security

enhancements,

such

as

the

Payment

Card

Industry

Data

Security

Standard

(PCI

DSS)
.

Complies

to

Visa’s

Payment

Application

Best

Practices

(PABP)



We

can

help

customers

achieve

compliance

with

the

latest

data

security

standards

developed

by

the

payment

card

industry
.

Current scenario in Inclusive Banking


What India is trying to do in FINANCIAL INCLUSION has


great lessons for the entire world


Innovative technology applications to bring down the


cost of transaction as well as making it easy to use.


The next billion dollar banking technology opportunity through cost
-
effective and convenient means for people whose transaction sizes
would be low.


Involves

access

side

technologies

smart

card
-
based,

mobile
-
based

and

biometrics
-
based

solutions

for

non
-
cash

transactions

and

micro

ATMs

or

similar

devices

for

cash
-
based

transactions
.


Why

no

progress

in

FI

:

Few

System

Integrators,

Absence

of

Reach,

Coverage
;

No

proper

delivery

mechanism
;

Transactions

low

HCL Infosystems in Financial Inclusion

HCL’s Offerings for Financial Inclusion


Innovations in Hardware

VOICE ENABLED

TOUCH SCREEN KIOSKS


FOR NREGA

PROJECTS

KIOSKS FOR CHEQUE
DEPOSIT, PASSBOOK

PRINTING, INFO & NON
CASH TRANSACTIONS

FI ENROLLMENT KIT

HCLS HHT

HCLs BANK DATA CENTRE IN A BOX

Display

Color

TFT

LCD

with

Function

Key

Topper(Optional)

Power

110
~
240
Vac,

50
/
60
Hz


Receipt

Printer

Graphical

thermal

Cash

Dispenser



Security

Camera


For

Portrait

Safe

&

Lock

UL

291

Level

1

Dual

Combination

electronic

Lock

Door

open

sensor

Temperature/Vibration

sensor

Earphone

jack

EPP

(Encrypting

PIN

Pad)

PCI

Compliance

Encrypting

PIN

Pad

:

T
-
DES

ADA

support

Optional

RKT

support

(RSA)

Internal

Speaker

Card

handling

Dip

Smart

card

reader

Smart

card

(EMV

4
.
0
)

Option

Bay

Fingerprint

Scanner


Green’novation in ATMs


IINCREASE YOUR ATMS’

ENERGY EFFICIENCY , PERFORMANCE

RELIABILITY & REDUCE TRANSACTION COST




Reduced Energy Costs


Centralized Automatic Alerts for security &
Fire (Auto SMS)


Online Power monitoring for better visibility


Monitoring controller & GPRS at central
location


Asset Management; Better Serviceability


Reduced Operation & Maintenance costs


Integrated approach


Sustainability
-

Going GREEN


Reduced Transaction cost for ATMs

Power Management Solutions for ATMs

For
40,000 ATMs.

440 cr of investment yields a
saving of
560 cr

equivalent to

550 MT GHG emissions reduction
over a 7 year period


With Solar and Energy option
controls with an investment of

1100 cr yields a savings of 1200 cr
over a 7 year period

equivalent to

1300 MT GHG emissions reduction
over a 7 year period

Innovations in Software


CORE BANKING application for CBS/ FI with LOCAL LANGUAGE SUPPORT for very cost


effective and faster penetration of Banking Services in Rural and Semi Urban Areas.



Image Service
Bureau;Software

and facilities for CHEQUE TRUNCATION Implementation



MOBILE BANKING Application to support all payments and technologies



PAYMENT SOLUTIONS for Cash Remittances TO & FROM Unbanked Masses


Helps to


generate leads and Information of the Unbanked



WEB BASED ENQUIRY for all payment status for retail, corporate and participant Bankers


at National Level



Solutions to make MERCHANT ENROLMENTS easier and faster for faster payments. Easy


integration of PSO devices irrespective of brands with standard protocols



SINGLE VIEW of customer activity by keeping data in a unified database irrespective of


the card type, access channel or transaction performed Accessed by a Portal making this


easier to deploy and manage



CARD ISSUANCE SOLUTION with EMV chip instantly personalised in branch ;
Mag
-
stripe


instantly encoded in branch PIN management performed at time of account opening;


Card printed instantly in branch

Typical Payments Platform

SI WITH TOTAL SOLUTIONS FOR BANKING

HCL INFOSYSTEMS LTD

India's Premier System Integrator and
Solution Provider covering Products &
Infrastructure
Automation
, Enterprise
Networking, VPN

Banking and Software services


Backed by HCL's DIRECT service
support infrastructure
-

the widest in
the country.

HCL is the preferred partner for many
BFSI customers and its clientele has all
major banks and insurance companies
and is a trusted System Integrator with
an ISO 9001, ISO 27000, CMM Level
certification

RISK
MGMNT &

COMPLIANCE

ENTERPRISE

MGMNT

MIS,
BI

DW

ATM

FINANCIAL

SWITCH & , ACH

AML & FRAUD
MGMNT

SOLUTIONS


MICR, CHEQUE
TRUNCATION
SOLUTION


SOFTWARE

SERVICES

CORE BANKING

FINANCIAL

INCLUSION

BANKING

APPLNS


MOBILE
BANKING
SOLUTIONS


INFRA

SOLUTIONS

PROJ MGMNT
AND FM
SERVICES

Computing &

Peripherals


Desktops


Laptops


Servers


Thin Clients


Kiosks


Scanners


Interactive boards


Projectors


Plasma screens


MFP/MFD


Digital Duplicators


POS

Networking &


Communication



Switches


Wi
-
Fi A.Ps


Routers, cabling


LL Modems


BB/ISDN Modems


VOIP Phones


DSL CPEs


EPABX + Phones


IP PBX & KTS


Soft Switches


Audio Conf.


Video Conf.


Mobiles


Fax

Security &
Surveillance


Security Appliances


Firewall


UTM device


SSL VPN


Client Security


Surveillance DVRs


Cameras


Access Control


Smart card


Biometrics


Asset tracking


RFID


Fire Suppression

Power &

Consumables


UPS


Generator


Cabling


Earthing


Consumables


Batteries


Toner


Stationery



ATMs


Full Function ATM


Cash Dispenser


CD with finger
-
print
Biometric and
associated software.


CD with UL 291
(Business Hours
Safe)


SIS Services


Rural ATM


BNA


IT Infrastructure & Application Services

Facilities Management

HCL supports over
1.2M IT+OA

assets annually across
different
industry segments

spread over
60,000 branches

HCL Spectrum: Services & Offerings

25

INDIAs Payment Systems should be on par with global industry
standards and protecting our social interests and creating a
difference for A BILLION INDIANS


Technology for Business Transformations

Technologies can provide great performance..

Only with…..

S
mart
I
ntegration




Smart Integration

HCL INFOSYSTEMS LTD


505 OFFICES
-

DIRECT SUPPORT

AN ISO 9001 14001 18001 27001 and CMM INDIAN SYSTEM INTEGRATOR
-

12000 cr INDIA REVENUES

Conclusion

An Innovative, Inclusive and Integrated Solution approach allows solution scaling,

cost reduction, Greener IT, and faster implementation of banking services in India



An Application provider excels in application domain but lacks the experience to


cover all services. A System Integrator excels in managing and providing the


complete gamut of services for Payment Systems

Thank you


biju@hcl.in

27