Banking Disrupted | Silicon Valley | Leadership Summit

ABOUT THE SUMMIT

In the last four years, venture capital investment in fintech has increased more than 600%. Is this exponential growth a sign of a new bubble, or the beginning of the end of banking as we know it?

Not every bank will survive the upcoming tsunami of technological disruption. Emerging players in fintech are well-positioned to dramatically reshape the customer experience with game changing new business models. This new wave of disruptive innovation represents a big threat to the traditional model of a bank, but also simultaneously creates unparalleled opportunities for internal innovations and the enormous potential for strategic partnerships between these established financial institutions and new technology-centric players.

SVIC's "Banking Disrupted" Summit provides industry leaders in this space with the unique opportunity to meet face-to-face with leading innovators and disruptors from Silicon Valley to discuss the threats and opportunities arising from emerging technologies. Don’t miss your chance to become a part of this powerful dialogue. Gain valuable insights and make meaningful connections that might define the future of your business!

If you'd like to join an extended FinTech week, please click here.

Recommended Hotels:

If you are looking for a hotel to stay during the conference, here is a list of Hotels we are recommending in the area:

CROWNE PLAZA PALO ALTO

Dinah’s Garden Hotel

The Zen Hotel

WHO SHOULD ATTEND

Banking Executives

Discover emerging trends, build powerful connections and get to know leading companies reshaping the banking industry from the inside-out. Use these fresh new perspectives to capitalize on new opportunities to stay a step ahead of the pack

Fintech Innovators

Share your vision and build rewarding partnerships with forward-thinking executives and venture investors. Receive instant feedback and amplify your value proposition

Venture Investors

Meet both disruptors and disrupted, entrepreneurs and intrapreneurs. Discuss banking industry threads and opportunities with insiders and outsiders. Envision the future of banking based on influential insights from visionaries and top disruptors

Sign Up for the StartUp Showcase

Please fill out the application form if you want to present at the showcase.

 

Get Involved!

Sponsorship Opportunity:

Please contact: Attila Danku

Volunteer Opportunity:

We always need extra hands! Please apply here!

Speaker Opportunity:

Please contact: Valeriy Galitskiy

Demo table Opportunity:

Please contact: Attila Danku

 

SUMMIT AGENDA

DAY 1: September 14th

8:30-9:00am

Registration and Breakfast

9:00-9:15am

Opening Remarks

Andrey Kunov,

President, Silicon Valley Innovation Center

Passionate innovation evangelist, economist & philosopher, engaged deeply in driving government and industry innovation strategy.

9:15-9:45am

KEYNOTE ADDRESS

9:45-10:45am

Panel 1: The New Wave of Fintech: The End of Banking?

Instead of trying to improve an outdated legacy system, certain companies are focusing on reinventing the entire experience of banking from scratch. In our opening panel, true disrupters, entrepreneurs, hottest fintech companies will share their novel vision about the future of banking.

Speakers:

Fintech CEOs: payments, lending, remittance

Ken Rees

Chief Executive Officer, Elevate

About Speaker:  Ken Rees is the CEO of Elevate, a fintech leader focused on the unique needs of nonprime consumers..

About Elevate: Elevate’s innovative online credit solutions provide immediate relief to customers today and help them build a brighter financial future.For more information, visit: www.elevate.com

Total Funding:  $3 billion to 1.4 million consumers

Aaron Vermut

Founder and CEO, Prosper

About Speaker: The founder of one of the fastest-growing online marketplaces for consumer credit in the U.S, currently valued at about $2 billion.

About Company: Leading online marketplace for consumer credit, connects people who want to borrow money with people who want to invest money.

Most recent valuation 1.9 Billion

Huey Lin

COO, Affirm

About Speaker:  Huey oversees the daily operation of the company, including customer support, business administration and human resources.

About Company: Affirm is a financial technology company empowering shoppers to buy the items they love and pay for them over time in a way that best matches their monthly budgets. Started by PayPal Co-Founder Max Levchin, Affirm’s data-driven approach looks beyond a standard credit score to reach broader consumer populations.

Total Funding 320 Miilion

Michael Armstrong

President, ZestFinance

About Speaker:  Financial services executive with significant experience in data-driven business strategy, team building, operations, and P&L management.

About Company: ZestFinance is a financial services technology company that uses machine learning and data science to make more accurate financial decisions.

Total Funding 132 Miilion


10:45 - 11:15am

Coffee and Networking

11:15am - 12:15pm

Panel 2: Unbundling The Bank: The Latest Trends

We will discuss the biggest new trends in the financial services space with top fintech companies efficiently exploiting niches underserved by traditional institutions. Entrepreneurs will share their insights on how they are filling the gaps that traditional banking has not been able to fulfill.

Speakers:

Executives from the top fintech startups: payment processors, credit and financial management

Charise Flynn

COO, Dwolla

About Speaker: Played an instrumental role in guiding Dwolla’s impressive growth, raising over $32 million in tier-one venture capital, and overseeing company’s expansion to San Francisco and New York City.

About Company: Digital payment network securely that connects with U.S. banks and credit unions to enable safe, fast, account-to-account transfers.

Total Funding 32.45 Million

Kanishk Parashar

CEO and Co-founder, Coin

About Speaker: Kanishk Parashar is CEO and Co-Founder of Coin. Prior to launching Coin, Kanishk attended John Hopkins University and led technical positions in companies such as eBay and PayPal.

About Company: Coin is a financial technology company enabling secure payments on both partners' wearables products and its own smart payment devices.

Total Funding 15.5 Miilion

Andrei Cherny

CEO and Co-founder, Apiration

About Speaker: A former financial services consultant, White House aide, financial fraud prosecutor, co-founder of media startup, senior fellow at Harvard's JFK School, bestselling author of technology and history books, and Navy reserve officer.

About Company: Aspiration is an online financial platform that is democratizing access to great financial products, built on creating trust, and founded on the idea that we can do well and do good at the same time.

Total Funding 19 Miilion

Sasha Orloff

CEO, LendUp

About Speaker: Passionate about expanding financial services to new markets by the means of predictive analytics and software.

About Company: LendUp is a technology startup that builds innovative products for consumers banks are unable to approve for credit.

Total Funding 64 Million

12:15-1:45pm

Lunch and Networking

1:45 - 2:45pm

Panel 3: Millennials as Customers: In Tech we Trust

Millennials will make up the majority of the workforce in less that 5 years. According to a recent study, 73% of them would rather handle their financial needs with a technology company rather than with their own bank. This panel aims to explore how generation Y brings a whole new set of demands Young tech leaders will share what type of client experience they expect from the industry.

Speakers:

Millennial startup CEOs and leading Silicon Valley VCs.

Rebecca Kaden

Partner, Maveron

About Speaker: Forbes 30 under 30. Early stage consumer tech investor, enthusiast, supporter, brainstormer, dreamer.

About Company: Early stage venture capital firm focused on partnering with the next generation of breakout consumer technology brands and the customer-crazed entrepreneurs building them.

Funds Raised 780 Million

Stephen Dash

Founder and CEO, Credible

About Speaker: Stephen founded Credible because of sheer disbelief at the burden student debt placed on young Americans (a problem that does not exist in his native Australia).

About Company: Multi-lender marketplace that allows borrowers to receive competitive loan offers from its vetted partners

Total Funding 14.3 Million

Chris Britt

Founder and CEO, Chime

About Speaker: Chris was a senior executive at Green Dot & Visa and Ryan King, former VP engineering at social networking pioneer Plaxo (sold to Comcast Interactive Media).

About Company: Smarter banking for the mobile generation.

Total Funding 11.75 Million

John Rampton

Founder and CEO, Due

About Speaker: John is a serial entrepreneur and he was recently named #2 on Top 50 Online Influencers in the World by Entrepreneur Magazine. He loves helping people in addition to building amazing products and services that scale.

About Company: Due provides cloud accounting software and online invoicing services for small businesses, with over 50,000 global customers

Aaron Frank

Founder and CEO, Final

About Speaker: As a born-again fintech evangelist, Aaron manages Final's relationships with banking partners and investors, and explores the effects of new technology on personal payments.

About Company: A Final credit card gives consumers total control over their merchant relationships and transparency in their spending with secure merchant-specific virtual cards, completely removing the headache from breaches, theft, and card cancelations.

Total funding 1 Million

2:45 - 3:45pm

Panel 4: Customer Engagement and Human Centered Design in Digital World

With customer branch visits growing increasingly rare, retail banks need to learn from fintech how to broaden revenue streams. Our panelists will discuss how to design innovative, customer-centric digital experiences to build new revenue channels and amplify growth.

Speakers:

Executives and user experience professionals from leading technology companies

Shivani Siroya

CEO, InVenture

About Speaker: TED fellow. Passionate about all data, complete financial access, choice, aligning incentives, and all things micro.

About Company: InVenture is a mobile technology and data science company that is flipping the traditional credit scoring model by putting power into the hands of newly empowered consumers in emerging markets.

Total Funding 11 Million

Galen Buckwalter

Chief Science Officer, Payoff

About Speaker: Developing classical and gamefied psychometric assessments and profiling methods to minimize risk associated with financial loans.

About Company: Payoff builds transparent and empowering financial products with the customer’s best interest in mind.

Total Funding 34.8 Million

Luvleen Sidhu

Co-Founder and Chief Strategy and Marketing Officer, Bank Mobile

About Speaker:Prior to Bank Mobile Luvleen served as Director of Corporate Development at Customers Bancorp, Inc. She served as a Consultant in the financial services practice at Strategy& (formerly known as Booz & Co.).

About Company: America’s first absolutely fee-free bank aimed at helping the underbanked, millennials and middle income Americans have an affordable, effortless, and financially empowering banking experience.

George Friedman

CEO Qapital

About Speaker:Passionate about building stuff on the web that makes life better.

About Company: Qapital is an everyday banking app unlike anything you’ve ever used. Create your goals, decide your rules and watch your savings grow.

Total funding 5.3 Miilion

3:45 - 4:15pm

Coffee and Networking

4:15 - 5:15 pm

Panel 5: Fintech "Hysteria": Is This a New Bubble?

It is expected that $40 billion of venture capital money will be poured in fintech startups this year in 2016. Skeptics suggest that there is a strong evidence of a new bubble growing. Our panelists, prominent Silicon Valley investors, will explore the reasons for excitement about this new hot topic and discuss fears of a new bubble.

Speakers:

Top Silicon Valley venture capitalists, business angels

Sonny Singh

Chief Commercial Officer, Bitpay

About Speaker: Sonny is one of the leading fintech operators in Silicon Valley and was the VP of Business Development at Jumio. Sonny is also an Advisor to Lumia Capital, Civic Technologies and an investor in Getaround, TubeMogul, Estate Assist (acquired by DocuSign), Naritiv, and Jumio.

About Company: BitPay is the largest processor of bitcoin in the world and has raised over $30M in funding from Founders Fund, Index Ventures, Richard Branson, Felicis Ventures, RRE, and Jerry Yang.

32.51Miilion

Will Kohler

Partner, Lightspeed Venture Partners

About Speaker: Will has over 10 years of venture capital experience, before that he co-founded and grew Pointe Communications to over $40 million in annual revenues.

About Company: Lightspeed Venture Partners is a venture capital firm that made 437 Investments in 238 Companies.

Funds Raised 2.61 Billion

John Dougery

Founder, Inventus Capital Partners

About Speaker: Founder particularly interested in new digital marketplaces and services-led technology businesses

About Company: Inventus Capital Partners is a venture firm investing in technology-powered companies participating in the emerging Indian economy or new global markets.

Funds Raised 158 Million 

David Weiden

Partner Khosla Ventures

About Speaker: David focuses on Internet software and services at Khosla Ventures

About Company: Khosla Ventures provides venture assistance and strategic advice to entrepreneurs working on breakthrough technologies.

Funds Raised 2.75 Billion

Ramneek Gupta

Co-head Global Ventures Investing, Citi Ventures

About Speaker: Co-lead strategic investing focused on Fintech/Fin services (Lending, Wealth Management, Capital Markets), Payments (B2B, B2C, P2P, Cyrpto), Commerce (Marketplaces, loyalty, O2O), Big Data & Analytics and Security at Citi Ventures.

About Company: Citi Ventures is Citi's global corporate venturing arm, chartered to collaborate with internal and external partners to conceive, partner, launch, and scale new ventures that have the potential to disrupt and transform the financial services industry, drive client success, and generate new value for Citi.

Public company

5:15 - 6:15 pm

Panel 6: How FinTech is Changing Small and Medium Business

For traditional lenders, small businesses are unwanted customers: they are an expensive challenge expensive to monitor, with unstable cash flows and risky business models. Today’s financial technology companies are changing the rules of the game with a whole new caliber of sophisticated products. Will traditional players be able to keep up with the rapid new pace of progress?

Speakers:

Leading fintech companies offering innovative products: peer-to-business lending, merchant finance, supply chain finance.

Jim Eckstein

Founder and CEO, TradeRocket

About Speaker: Jim is responsible for TradeRocket’s strategic direction and growth. He has been involved as a founder/CEO with several successful startups during his 30-year career as a forward looking technologist

About Company: TradeRocket is a next generation financial platform that brings enterprise class supply chain financial management to the global mid-market and converts our clients’ accounts payable departments into profit centers.

Eyal Lifshitz

Founder and CEO, BlueVine

About Speaker: A 3rd generation small business entrepreneur, Eyal co-founded BlueVine to provide businesses with an easier way to access capital.

About Company: BlueVine is reinventing invoice factoring, a 4,000 year old industry, which turns over $100B in the US alone.

Total Funding 64 Million

Brock Blake

CEO, Lendio

About Speaker: Serial entrepreneur passionate about solving major market problems.

About Company: Lendio makes business loans simple by matching qualified small business owners with active banks, credit unions, and other lending sources.

Total Funding 31 Million

James Hobson

COO, onDeck

About Speaker: James oversees OnDeck’s product, operations and business development teams and has extensive experience scaling companies and forging strategic partnerships, including OnDeck’s recent deal with JP Morgan Chase.

About Company: OnDeck is the leader in online lending for small business, having delivered $4 billion across the United States, Canada and Australia.

Public company

6:15 - 6:30 pm

Closing remarks

Day 2 - September 15th

8:30-9:00am

Registration and Breakfast

9:00-9:15am

Opening Remarks

9:15 - 9:45am

KEYNOTE ADDRESS

9:45 - 10:45am

Panel 1: The "Uber Moment" for Banks: Adapt or Disrupt?

Our panelists, well-known innovators in the heart of the banking industry will provide insights on best innovative/creative paradigms and best practices and discuss whether or not banks will be able to reinvent themselves

Speakers:

Top executives from leading banks

Michael Gardner

Managing Director and Head of Center at BNY Mellon Innovation Center - Silicon Valley, BNY Mellon

About Speaker: Michael leads BNY Mellon's efforts to foster collaborative innovation that leverages advanced and prototype technology to develop new offerings, improve customer service and reduce time-to-market.

About Company: BNY Mellon is an investments company helping institutions and individuals succeed in markets all over the world.

Public Company

Pascal Bouvier

Venture Partner, Santander InnoVentures 

About Speaker: Reformed executive and entrepreneur turned VC, with interests in crypto and blockchain tech.

About Company: $100 million fund to support disruptive innovation in the FinTech space.

Funds Raised 100 Million

Gaurav Tewari

Managing Director, Global Venture Investing & Innovation, Citi Ventures 

About Speaker: Gaurav leads venture investing activities and collaborates with Citigroup’s senior leadership to drive internal growth initiatives as well as strategic alliances and commercial partnerships with innovative and emerging businesses.

About Company: Citi Ventures is Citi's global corporate venturing arm, chartered to collaborate with internal and external partners to conceive, partner, launch, and scale new ventures that have the potential to disrupt and transform the financial services industry, drive client success, and generate new value for Citi.

Funds Raised Public company

Jay Sidhu

Chairman and CEO Customers Bank 

About Speaker: Jay has an extensive and recognized background in banking. Prior to joining Customers Bank, he served as the Founder, Chairman and Chief Executive Officer of Sovereign Bancorp Inc. There, he grew the organization from an Initial Public Offering of $12 million to a market cap approaching $12 billion, crediting it as the 17th largest banking institution in the country.

About Company: Customers Bank, an $8.4 billion asset bank with headquarters in Wyomissing, Pennsylvania.

Total assets 8.4 billion

10:45 - 11:15am

Coffee and Networking

11:15am - 12:15pm

Panel 2: New Rules of the Game: Partnership Instead of Competition?

Banks are the largest informational companies in the world, yet systems and processes are still antiquated . Our panelists will show how banks may benefit from new technology solutions centered around connectivity, interactivity with customers, real-time decision making as well as automating and digitizing processes

Speakers:

Leading technology companies partnered with banks
Banks technology accelerators

Hugh Cumming

CTO, D+H

About Speaker:Hugh Cumming is Chief Technology Officer at D+H. He leads D+H’s software engineering and technology strategy globally, including product development, R&D, technology architecture and technology innovation. Hugh has over 20 years of product development and technology experience and is a recognized leader in bringing scalable SaaS platforms to market.

About Company:D+H is a leading provider of technology solutions to financial institutions globally. Our payments, lending and integrated core solutions are trusted by nearly 8,000 banks, credit unions, governments and corporations. Headquartered in Toronto, Canada, D+H has over 5,500 employees worldwide and revenues in excess of $1.5 billion.Visit dh.com.

Kevin Lewis

Head of Business Development, Avant

About Speaker: Kevin is responsible for spearheading all strategic partnership efforts which include bank and non-bank financial institutions, strategic referral partners and affinity programs.

About Company: Avant is a fast-growing online lending platform that is lowering the cost and barriers of borrowing for consumers.

Total Funding 654 Miilion

Garrett Smith

Founding Team Member, Opportunity Network

About Speaker: Garrett is a Founding Member of Opportunity Network and spearheads efforts to establish partnerships with leading financial institutions. He is a serial entrepreneur having started and sold his last company, holds an MBA from INSEAD and was nominated as a Milken Institute Young Leader.

About Company: Opportunity Network is an exclusive deal matchmaking platform that partners with banks, enabling them to offer their clients access to an efficient and vetted community for cross-border M&A and business development.

Chris Chen

GM&SVP API, Envestnet | Yodlee

About Speaker:  Chris is the Senior Vice President and General Manager of the API Team at Envestnet | Yodlee.  The API Team works with third party developers in the fintech community to build applications and solutions that are helping consumers and small businesses to manage their finances.

About Company: Envestnet | Yodlee is a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. Yodlee has over 500 innovative companies using their data and API's in lending, payments, small business tools, personal financial management and investments.

12:15-1:45pm

Lunch and Networking

1:45 - 2:45pm

Panel 3: Beyond Bitcoin: New Blockchain Technologies for Banking

While distancing themselves from bitcoin, major banks agree that blockchain technology is rapidly changing the way finance industry works. Our panelists will discuss how distributed ledger technology is evolving to become more suitable to serve the needs of banks.

Speakers:

Blockchain industry advocates, leading blockchain companies and more

Robert Schwentker

About Speaker: Robert Schwentker is a technology executive, evangelist & educator with a passion for working with developers, entrepreneurs, innovators & startup communities to build prototypes & products at companies like PayPal & American Express. In 2014 Robert founded Blockchain University to educate & inspire the first wave of distributed ledger technologists to create ground breaking innovations. BlockchainUniversity has educated 350 entrepreneurs and inspired 60 projects in Silicon Valley, Tokyo & five cities in India. Most recently, Robert has been designing and delivering blockchain bootcamps and hackathons throughout the Americas, including most recently at the MIT Media Lab.

Tim Swanson

Director of market research R3

About Speaker: Tim worked in East Asia for more than six years and is based in the San Francisco Bay Area. He is a visiting research fellow at the Sim Kee Boon Institute at Singapore Management University and is the author of three books

About Company: R3 is a financial technology company that is spearheading a partnership with over 40 of the world's leading banks to design and deliver advanced distributed/shared ledger technologies to global financial markets.

2:45 - 3:45pm

Panel 4: Regulation Technology (RegTech): A New Hot Topic

Legacy core systems and regulatory pressure make banks reluctant to try new technologies. On the other hand, startups with disruptive solutions do not always know which regulations are applicable to their businesses. This discussion will explore the budding space of regulatory technology that is helping both incumbents and newcomers advance by navigating complexity smartly.

Speakers:

RegTech companies providing innovative solutions for identity verification, regulatory disclosures, risk control and customer data management

Stuart Lacey

Founder and CEO, Trunomi

About Speaker: Named by Bank Innovation as one of 44 Innovators to Watch - individuals shaping the future of banking; Stuart is a multiple award-winning Member of the Young Presidents Organization and the inventor of a number of industry defining patents and a former TED speaker.

About Company: Trunomi solves data sharing challenges for the financial industry with technology that revolutionises the way that financial institutions create, manage and interact with customer personal data.

Total Funding 5.3 Million

Sofya Pogreb

COO, TrueAccord

About Speaker: Previously Senior Director of Risk Management PayPal, holds a Masters in Computer Science from MIT.

About Company: The digital debt recovery solution that is transforming the debt collection industry through technology.

Total Funding 5.25 Million

Garrett Gafke

President & CEO, IdentityMind Global

About Speaker: successful entrepreneur and Fortune 500 executive, blending early stage action with public company knowledge.

About Company: On-demand platform providing risk management, anti-fraud and anti-money laundering services for online merchants, acquiring banks, payment processors and gateways, payment service providers, digital currency exchanges, and financial institutions.

Total Funding 12.6 Million

Vinny Lingham

Co-founder and CEO Civic

About Speaker: Prior to Civic, Vinny was the Co-founder & CEO of Gyft. Vinny previously founded and lead Yola.com, Clicks2Customers, and incuBeta.

About Company: Free identity protection for life

Total Funding 2.75Miilion

3:45 - 4:15pm

Coffee and Networking

4:15 - 5:15pm

Startup showcase

Hottest startups from the portfolios of the top Silicon Valley venture funds will present their cutting edge financial technologies.

Judges:
Silicon Valley venture capitalists, business angels, banking executives

5:15 - 5:30pm

Closing Remarks

Day 3 - September 16th

Company visits

Eight financial technology companies will invite Summit participants to their headquarters for private briefing sessions and networking with founders and top executives. A sign-up schedule and list of companies will be provided to the Summit attendees one week before the event.

Agenda subject to change at organizer’s discretion



Silver


Innovation Partner





 
 

Location

Silicon Valley
Palo AltoUnited States

Dates

From 14th September 2016 - 08:30 AM
to 16th September 2016 - 06:00 PM