Sibos 2015 Singapore 12 - 15 October - Innotribe · 2017. 8. 28. · Bridging the gender gap FinTech is revolutionising the financial services landscape at breakneck speed. It is

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Sibos 2015 Singapore12 - 15 October

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Welcome to Innotribe!Since its successful debut at Sibos Hong Kong in 2009, Innotribe has evolved from an experimental Sibos feature to a pioneering innovation initiative that features a series of global events across the year.

For its seventh year at Sibos, Innotribe goes centre stage! This translates into two components: first, some our most successful sessions go mainstream: the Future of Money session and the Startup Challenge Finale. Second, we have an awesome innovation hub on the exhibition floor, located next to the SWIFT stand.

Sibos allows us to directly engage with the SWIFT community on current innovation activity, emerging trends and potential disruptors of today’s financial ecosystem. This year again, we will welcome top global experts to cover topics crucial to the future of Finance and Technology: platforms, society, innovation mind-shift, and machine intelligence.

We put a lot of efforts in ensuring diversity across the different thought-leaders joining us throughout the week: men, women, millennials, investors, accelerators and contrarians – creating the right mix of speakers in every session, and an interactive environment for our audience.

The Finale of this year’s Innotribe Startup Challenge will see the 12 early-stage startups selected during the regional showcases in London, Cape Town, Singapore and New York pitching their pioneering products and services to an audience voting for this year’s winner. The 8 growth-stage startups and some alumni will be hosting exhibition booths on our stand, for networking and live product demos.

“FinTech has changed beyond recognition since Innotribe was launched seven years ago, and the debates and discussions that drive our programme mirror the wider shifts occurring in

financial services. Innotribe was one of the initial facilitators that helped to accelerate and spread

the first wave of FinTech innovation, and we will continue to play an important role in this process.”

Fabian VandenreydtHead of Markets Management, Innotribe and the SWIFT Institute

SWIFT

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Monday

12 OctoberTuesday

13 October

09:15 • 10:00 Innotribe@Sibos week opening Innotribe@Sibos day opening

10:15 • 11:15 New kids on the block(chain) platformEngaging with the Millennial Generation:

A hands-on workshop for banks

11:30 • 12:30 Future of Money:A burning platform?

12:45 • 13:45 Platform disruption:The business of APIs

Financial inclusion

14:00 • 15:00 Re-inventing regulation

15:15 • 16:15 Killer platforms:The Chinese road to platform disruption

World Economic Forum (WEF)Invitation only session

16:30 • 17:30 Exploring real world disruption scenariosLeveraging modern payment platforms

for accelerating social impact

Agendaat a glance

Innotribe Singapore 2015

Wednesday

14 OctoberThursday

15 October

09:15 • 10:00 Innotribe@Sibos day openingAccelerating and scaling expertise

with cognitive computing from IBM Research and Watson

10:15 • 11:15 Voice of the customer 3.0

11:30 • 12:30

12:45 • 13:45 Why banks need FinTech hubsThinking machines and jobs: How banks

can respond to the opportunity?

14:00 • 15:00Innotribe Startup Challenge Finale

Finishes at 17:00

Followed by the reception and winner announcement

Analytics for a real-time world

15:15 • 16:15Closing keynote:

Machines are not the answerFinishes at 15:45

16:30 • 19:00

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PlenaryA

CSibos RestaurantBSibos TV – Main studioA

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Conference relay roomF

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Conference rooms 1-5G

RegistrationJ

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Press officeI

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Standards ForumR

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Main entranceP

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Luggage storeO

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Exhibition management offices/Sibos sales office

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InnotribeT

Sibos SouvenirWOpen theatre 2VNetworking loungeU

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Smoking area

Health corner

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Seating area

Food outlet

Networking lounge

SWIFT AuditoriumK

Workshops A-DML SWIFT Lab

Sibos venueoverview

Innotribe Singapore 2015

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Innotribe Singapore 2015 Millennials and Power Women

Millennials and Future of Finance: A different kind of Trust

Trust is the most important currency in finance. It is fundamental to the smooth running of every financial system in the world, and that is always likely to be so. However, a generational shift is underway that is challenging and reinventing notions of trust in financial services.

Growing up during the global financial crisis and a sluggish period of recovery thereafter, the Millennial Generation (those born between 1982 and 2004) is particularly mistrustful of established financial brands and institutions. Coupled with a penchant for new technologies, this lack of fidelity towards incumbents is creating new market opportunities for FinTech players.

The effect of this generational shift has been explored by a number of groups, including the innovation group, Scratch. Their Millennial Disruption Index concludes that banks are most likely to be disrupted by Millennial consumer preferences, and are facing massive challenges in terms of approach towards customer acquisition and user experience.

Millennials believe that the way we access money and pay for things will be completely different five years from now. But how do companies understand what trust really means to this generation, and more importantly, find ways to earn and retain it?

Innotribe has partnered with Daniel McAuley and Steve Weiner, co-founders of Wharton FinTech, the first student-led FinTech initiative, to explore this topic in depth.

Socio-economic and generational dynamics play a critical role in the evolution of financial services. As companies reinvent the way people interact with their money, finance is becoming faster, cheaper and more efficient for individuals and businesses.

This paper provides valuable guidance on what financial services companies can and should be doing to capitalise on this major generational shift in consumer preferences, and create new opportunities for growth.

Full paper is downloadable at www.innotribe.com/millennials

Mill

enni

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Full paper is downloadable at www.innotribe.com/millennials

Innotribe Singapore 2015 Millennials and Power Women

Power Women and MillennialsWe put a lot of efforts in ensuring diversity across the different thought-leaders joining us throughout the week: men, women, millennials, investors, accelerators and contrarians – creating the right mix of speakers in our sessions.

The participation of Millennials and Power Women is the result of two white papers published in 2015 with the support and contribution of Innotribe.

During the week, we will draw upon the results of these papers and welcome the authors in some of our sessions to stimulate discussion and debate along the week.

Full paper is downloadable at www.innotribe.com/powerwomen

Power Women in FinTech: Bridging the gender gap

FinTech is revolutionising the financial services landscape at breakneck speed. It is a global phenomenon, with cities such as Paris, Singapore, Nairobi, Jerusalem and Sydney becoming FinTech hubs, and joining the established hotspots of London, San Francisco and New York.

And while technology and business models are changing fast, the issue of gender diversity - particularly at senior leadership levels - is still lagging behind. A Financial News analysis of Dow Jones Venture Source and Factiva data reveals that, of the 20 European FinTech companies that received the largest venture capital investments in 2014, none had a female chief executive.

Innotribe has partnered with Sam Maule from Carlisle & Gallagher Consulting Group and Christine Duhaime from the Digital Finance Institute to publish their findings on this topic in a new research paper: The Power Women in FinTech Index, bridging the Gender Gap.

Based on existing research to highlight the reality of today’s situation in FinTech, the paper also provides recommendations to achieve and accelerate greater gender balance within the industry.

We also invite you to visit the website dedicated to these power women to get access to powerful insights and interviews: http://www.femtechleaders.com.

8 9Innotribe Singapore 2015 Stand Innotribe Singapore 2015 Stand

Innotribe standLocated on B2, the Innotribe stand has been designed to welcome Sibos delegates in a relaxed atmosphere, with a networking area, a coffee corner, and a demo zone featuring the exhibition booths of this year’s Startup Challenge growth-stage finalists and some alumni (see company descriptions below).

Except the Future of Money session and the Startup Challenge Finale (taking place in Conference Room 2 on L3), all Innotribe sessions will take place on our stand. We hope to see you there!

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Pendo Systems: finds and links together desperate legacy systems creating a single and searchable view to help Legal, Risk, Compliance and Executives exhilarate the Customer Experience and solve data quality inconsistencies

Founded in 2007 • HQ United Stateshttp://www.pendosystems.com • @pendosystemsincPamela Cytron, CEO • [email protected]

PICSA: provides debt reduction, savings, and low-cost credit products to help low-income Africans become more financially secure

Founded in 2012 • HQ South Africahttp://www.picsa.com • @picsadotcomCarol du Toit, Manager, Low-income financial products • [email protected]

xWare42: makes transaction contents more intuitive for everyone, by giving to customers a more documented picture of their purchases

Founded in 2011 • HQ Germanyhttp://www.xWare42.com • @xWare42David Lais, CEO • [email protected] Kröger, Head of Sales • [email protected]

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Codapay: is an online payment gateway that allows merchants to accept payments from the 97% of adults in Southeast Asia that do not have a credit card, by giving customers a range of alternative payment options

Founded in 2011 • HQ Singapore http://codapay.net • @codapaymentsNeil Davidson, CEO • [email protected] Leishman, COO • [email protected]

Elliptic: uses blockchain technology to securely and transparently transfer and manage a range of financial assets

Founded in 2013 • HQ United Kingdom https://www.elliptic.co • @elliptic Kevin Beardsley, Head of Business Development • [email protected]

goSwiff: offers mobile payments for banks and mobile operators to help merchants in emerging markets get paid by accepting card payments, and to increase the quality and quantity of transactions

Founded in 2010 • HQ Singaporehttp://www.goswiff.com • @goSwiffStefano Diemmi, COO • [email protected] Karumo, Head of Communications and Marketing • [email protected]

Green Model: slashes the time and expense of meeting banks’ operational and regulatory reporting requirements

Founded in 2010 • HQ South Africahttp://www.greenmodel.co.za • @greenmodelappPeter Fallows CA (NZ), Director • [email protected] Hamman CA (SA), Director • [email protected]

Payfirma: helps small businesses simplify payment acceptance, increase sales and have better visibility with real-time data

Founded in 2011 • HQ Canadahttp://www.payfirma.com • @PayfirmaMichael Gokturk, CEO and Founder • [email protected]

2015 Startup Challenge growth-stage finalists

AMP Credit Technologies: enables banks and non-bank financial institutions to profitably originate and provide unsecured loans to under-served small businesses

Founded in 2009 • HQ Hong Konghttp://amp-creditech.com • @AMPcreditechThomas J DeLuca, CEO & Founder • [email protected] Lloyd, Head of Strategy & Corporate Development • [email protected]

essDOCS: enables Banks and Corporates to extend their use of paperless trade and combine electronic Bills of Lading & supporting documents with eTrade Finance instruments including eUCP Letters of Credit, eDocumentary Collections & Bank Payment Obligations (BPO)

Founded in 2005 • HQ Maltawww.essdocs.com • @essDOCSAshley M. Skaanild, Head of Trade Finance & Chemicals • [email protected] Kiat Chua, Project & Account Manager • [email protected]

MatchMove: helps online businesses globally engage, analyse and monetise their users through their own fully-branded mobile payment platform

Founded in 2009 • HQ Singaporewww.mmvpay.com • @matchmoveShailesh Naik, CEO • [email protected]

Startup Challenge Alumni

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[email protected]

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Monday 12 October

09:15 – 10:00 Innotribe@Sibos week openingLocation: Innotribe stand

10:15 – 11:15 New kids on the block(chain) platformLocation: Innotribe stand

11:30 – 12:30 Future of Money: A burning platform?Location: Conference Room 2

12:45 – 13:45 Platform disruption: The business of APIsLocation: Innotribe stand

15:15 – 16:15 Killer platforms: The Chinese road to platform disruptionLocation: Innotribe stand

16:30 – 17:30 Exploring real world disruption scenariosLocation: Innotribe stand

Innotribe Singapore 2015 Programme

09:15 • 10:00Innotribe stand

Innotribe@Sibos week opening

Description

Innotribe has provided powerful insights on innovation to our community since 2009, highlighting the emerging trends poised to transform the financial services industry. This session will give you a taste of what Innotribe will bring you this year, covering topics such as platforms, society, innovation mind-shift, and machine intelligence.

Today’s sessions will focus on platforms: platform economics and business models which are foundational capabilities for innovation. Throughout the day, we will cover a wide range of topics from distributed ledger technologies, automated credit, API community strategies, the rapidly changing financial industry in China and its global impact, and real world disruption scenarios.

We will also be introducing you to our 2016 roadmap, which will give you a flavour of our key activities for the year to come.

Speakers

Kevin Johnson • Innotribe Startup Challenge Manager • SWIFT

Fabian Vandenreydt • Head of Markets Management, Innotribe and the SWIFT Institute • SWIFT

Christopher Wasden • Executive Director • Sorenson Center for Discovery and Innovation • University of Utah

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New kids on the block(chain) platform

Description

At Sibos 2014, Innotribe dedicated an entire day to cryptocurrencies: some of these concepts are now gradually moving mainstream, but we are not done yet!

What is after Bitcoin and blockchain? What are the advanced examples of distributed ledger use cases that may be relevant for financial services (such as smart contracts and distributed consensus protocols)?

Speakers

Mark Buitenhek • Global Head of Transaction Services • ING

Oliver Bussmann • Group Chief Information Officer and Group Managing Director • UBS AG

Preston J. Byrne • Co-Founder and COO • Eris Industries

Neal Cross • Chief Innovation Officer • DBS Bank

Leda Glyptis • Head of EMEA Innovation Centre • BNY Mellon

Joyce Kim • Executive Director • Stellar.org

Adam Ludwin • Co-Founder and CEO • Chain.com

Dan O’Prey • Chief Marketing Officer • Digital Asset Holdings

Simon Taylor • Vice President of Blockchain Research and Development • Barclays


“Speaking at Sibos is always a pleasure with such a huge, professional audience. Speaking at Innotribe adds another layer to that: the engagement, the will to change and to truly make things better. I look forward to bring a rare combination of retail and wholesale experience, payments and cards background and a frontrunner vision with regard to the development of

payment methods on the internet and mobile. Think forward, act now.”

Mark Buitenhek

“FinTech startups aren’t mind-readers – we need to learn what our customers’ problems are if we’re going to engineer open-source software that will help to solve them. Attending Innotribe is a great way to get access to a diversity of viewpoints in a short timeframe that we might not otherwise be able to access. Eris Industries prides itself on being one the most commercially-minded and practical blockchain startups around – our multidisciplinary team has the

ability to see technology in terms of solving a problem particular users have, rather than taking the approach that we know best.”

Preston J. Byrne

“Digital disruption is driving an unprecedented transformation of Financial Services. New radical technologies like Blockchain present a unique opportunity to simplify and accelerate banking processes in a much more networked, transparent and decentralised way. Fostering an open and collaborative ecosystem between banks, technology firms and start-ups is critical to drive these topics forward and to jointly develop new innovative

solutions for our clients.”Oliver Bussmann


“Working as a project manager in a vendor to financial institutions, the cutting edge thinking coming from Innotribe helped me stand out. I’m uniquely placed at the intersection of the development of blockchain technology, government policy and the financial institutions trying to take advantage of this technology. I would like to drive this technology forward in whatever way possible to benefit

the global economy.”

Simon Taylor

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11:30 • 12:30Conference Room 2

Future of Money: A burning platform?

Description

Bitcoin and other cryptocurrencies were central stage at Innotribe Sibos in 2014 and yet, Bitcoin is only the tip of the disruption iceberg. Some 3 Billion USD was invested in FinTech in 2014, and this figure is still growing. Thousands of startups are entering the financial service landscape and many banks have set up innovation labs, accelerators, incubators and investment funds. These innovations represent a shift that is real and here to stay. However, are we witnessing a burning platform for our industry?

This session will bring together some of the sharpest thought-leaders on this radical transformation of our industry and will focus on major disruption themes such as the distributed ledger technologies, the disaggregation and uberisation of banking services, the automation of credit, and the automated and biometric KYC onboarding.

Note the session has been designed in close collaboration with the Payment Stream, which will provide further deep dives on digital disruption and payment future landscape throughout the week.

Innotribe Singapore 2015 ProgrammeInnotribe Singapore 2015 Programme

Speakers

Claire Calmejane • Director of Innovation • Lloyds Banking Group Neal Cross • Chief Innovation Officer • DBS Bank Dennis DiDonna • Co-Founder and Chief Strategy Officer • EFL GlobalSteve Ellis • Executive Vice President and Head of Innovation Group • Wells Fargo Leda Glyptis • Head of EMEA Innovation Centre • BNY MellonUdayan Goyal • Co-Founder and Co-Managing Partner • Apis Partners • Co-Founder • Anthemis GroupJonathan Hakim • President and CEO • Cignifi Kevin Johnson • Innotribe Startup Challenge Manager • SWIFT Julian Kyula • Co-Founder and Group Chief Executive Officer • MODE GroupGottfried Leibbrandt • CEO • SWIFT Anju Patwardhan • Group Chief Innovation Officer • Standard Chartered Bank Christoph Rieche • CEO and Co-Founder • iwocaAngus Scott • Head of Product Strategy and Innovation • Euroclear Group

“Sponsoring innovation into the financial services ecosystem is a critical part of our continuing commitment to provide cutting edge and innovative solutions to our customers. Our commitment to advance innovation globally is predicated on a belief that we need to encourage and enable. That is why our focus is not on equity return, but rather on investing time and money into the companies

and concepts that we feel can fundamentally advance the financial services marketplace to the benefit of our customers.”

Steve Ellis

“Innovation in Finance is undergoing its most major shift in decades. Innotribe@Sibos provides an exciting platform to showcase the future of transactional platforms to the world. The audience is focused and clear on the subject of a shifting financial world and understands the clear need to innovate and deliver new and unique ways to make this possible.”

Julian Kyula

“I am fortunate to have previously been involved with Innotribe, having curated the annual Future of Money session at Sibos every year since its inception in 2009, which has continually been well received and grows from strength to strength.”

Udayan Goyal

“I’m pleased to be part of Innotribe@Sibos not only for the opportunity to speak but am also looking forward to learning more about innovation from some of the leading thinkers and FinTech innovators. I’m pleased to be representing our views at Innotribe and to be a part of the dialogue on how financial institutions such as ours can positively contribute to society and provide a better customer

experience through innovation.”

Anju Patwardhan

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Platform disruption: The business of APIs

Description

No platform discussion is complete without a discussion about APIs.

In this session we will learn from some leading API gateway and solution providers about what it means to open your applications and data so others can build additional value on top of them, or how you can tap into the wealth of functionality offered by numerous startups and specialised financial service companies.

Innotribe Singapore 2015 ProgrammeInnotribe Singapore 2015 Programme

Speakers

Leda Glyptis • Head of EMEA Innovation Centre • BNY Mellon

Jurgen Ingels • Founder of C2P, Co-Founder and Managing Partner • Smartfin Capital and Eggsplore

Dan Kimerling • Co-Director API Banking • Silicon Valley Bank

Adizah Tejani • Head of Ecosystem Development • Level39

Stefan Weiss • Head of APIs • Fidor Group

Sibos represents the greatest gathering of thought leaders and decision makers in our industry. Within that, Innotribe assembles the most forward-looking and inquisitive minds. It is our business to solve our clients’ challenges tomorrow hence we have built a digital ecosystem, big data capability and client-centered distribution discipline that make us simultaneously one of the most established

and one of the most innovative players in the space. As the head of our client co-creation innovation centre, I am privileged to have a unique vantage point of the

market as it navigates disruption and new realities.”

Leda Glyptis

“I decided to speak at Innotribe because financial services are at a turning point. At Silicon Valley Bank (and before at Standard Treasury), my team and I have been working on shaping the future of machine-to-machine banking via API. We have been thinking about and working on how to bring open, scalable, and secure, read and write APIs to market longer than anyone else in

the financial services sector and think that we can add something unique to the discussion.”

Dan Kimerling

“Innotribe is known for its innovation and new market discoveries. While building and growing C2P, I had the opportunity to witness how this kind of innovation was handled out within the banking sector. Innovation is still key for banks today. My participation is linked to my curiosity and hope for discovery of new players within the Smart / FinTech segment.”

Jurgen Ingels

“Innotribe@Sibos consistently forms one of the most engaging parts of the global financial services conversation. It brings together key players in the global fintech ecosystem alongside innovators. The international nature of the debates and conversations at Innotribe create an environment for growth that will continue to push the boundaries of fintech. The API conversations are becoming

a regular feature of companies applying to join Level39 and these new businesses are looking to find the best ways to strengthen their fintech ecosystems. Having

played host and contributed to a number of hackathons, meet-ups and more, we are delighted to have a prominent role in these increasingly important API discussions.”

Adizah Tejani

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Killer platforms: The Chinese road to platform disruption

Description

Through a combination of regulatory reform, a unique cultural environment and fast moving technology companies, the shape of the financial industry in China is rapidly changing. No longer simply duplicating western business models, China’s large tech companies are redefining one of the world’s oldest industries. They are now going global, bringing entirely new challenges for western financial institutions which are increasingly turning to the start-up community for ideas and growth.

Through disruptive analysis and primary market research, Kapronasia and The Disruption House will present a detailed view of the history of China’s financial industry, the models behind the extraordinary growth of technology companies as financial players and the impact of regulation and reform the most likely path for the industry going forward.

Attendees will walk away with a qualitative and quantitative understanding of how China’s tech companies will affect both China and the rest of the world.

Speakers

Zennon Kapron • Director • Kapronasia

Bernard Lunn • Founding Partner • Daily Fintech Advisers

Haydn Shaughnessy • Co-Founder • The Disruption House


“Innotribe brings together an unmatched group of industries practitioners from all aspects of the financial industry in what will be an amazingly unique venue at Sibos 2015 in Singapore. Few other events globally match the networking and learning opportunity that Sibos provides or the discussions on industry innovation that Innotribe drives. Beyond being one of the world’s largest

financial industries, China is quickly becoming one of the most innovative. I have been living China’s financial technology industry for over a decade and can

bring a unique insight to one of the world’s most dynamic and exciting markets.”

Zennon Kapron

“Innotribe is the best innovation forum globally, and not just in financial services. I think what the team has achieved here is unparalleled in any industry, and every industry can learn from it. I wouldn’t miss Innotribe and I am a very enthusiastic participant. I wish SWIFT every success with it!”

Haydn Shaughnessy

“Innotribe is going centre stage this year and this is now an urgent subject for banks. Fintech is a complex puzzle, mixing technology, societal change, finance, globalisation and regulation. Through Daily Fintech we get a unique perspective and are happy to share it at Innotribe.”

Bernard Lunn

Innotribe Singapore 2015 Programme20 21


Exploring real world disruption scenarios

Description

How can platform strategies help you respond to new entrants in the ever-changing payment landscape?

In this session, we will share some of the key findings of a specialised 2015 Innotribe Task Force on platform thinking. We will also explore different innovation investment strategies: how can CFOs and Heads of Innovation make the right decisions, not only on the basis of traditional KPI, ROI and Net Present Value, but also on option strategies and capability building?

Speakers

Daniel Marovitz • President, Europe • Earthport

Haydn Shaughnessy • Co-Founder • The Disruption House



“Monolithic solutions (one size fits none) are no longer viable in a dynamic, cross-border business environment. Modular API driven strategies allow CFOs and the teams who support them to aggregate building blocks of best in class solutions with much less complexity. The technology is there, it’s the mindset that needs to change.”

Daniel Marovitz

“Social, Mobile, Analytic and Cloud (SMAC) technologies have transformed every industry they have encountered and now we are seeing the transformation of the financial sector by new entrants that are harnessing their disruptive power. I want to provide a wake-up call to this industry to learn from others so that incumbents can avoid their own “Kodak Moment”. I have worked with

startups and leaders in healthcare, media, energy, and IT industries to help them harness the tensions that SMAC technologies create. I will share the lessons learned

from these other industries to help accelerate the transformation in financial services.”

Christopher Wasden

“There are a lot of opinions about how disruption happened and what banks should do next but what I bring to this debate is an evidence based approach with a string of major impartial studies, not tied to consulting outcomes. It is important for senior executive to have evidence and to have a process for managing change.”

Haydn Shaughnessy


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Tuesday 13 October

09:15 – 10:00 Innotribe@Sibos day openingLocation: Innotribe stand

10:15 – 11:15 Engaging with the Millennial Generation: A hands-on workshop for banksLocation: Innotribe stand

12:45 – 13:45 Financial inclusionLocation: Innotribe stand

14:00 – 15:00 Re-inventing regulationLocation: Innotribe stand

15:15 – 16:15 World Economic Forum (WEF) (Invitation only session)

Location: Innotribe stand

16:30 – 17:30 Leveraging modern payment platforms for accelerating social impactLocation: Innotribe stand

Soc

iety

Innotribe Singapore 2015 Programme Innotribe Singapore 2015 Programme


Innotribe@Sibos day opening

Description

The first day of our programme was dedicated to Platforms and APIs (see page 10 for more information). This session will give you a condensed summary of the discussions that happened on Monday and a preview of today’s programme devoted to Society.

Continuing on the platform theme, we will cover topics such as Millennials (who are born digital and mobile), refugees (who are forced to be on the move and have no access to financial services) and financial inclusion, looking at the 2.5 billion unbanked people. These issues will be intersected with a ‘what if’ session on re-inventing regulation for the digital era.

We will also be introducing you to our 2016 roadmap, which will give you a flavour of our key activities for the year to come.

Speakers

Akhtar Badshah PhD • Chief Catalyst • Catalytic Innovators Group



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Engaging with the Millennial Generation: A hands-on workshop for banks Description

Digital natives are not a small subsection of the population; they are an entire generation that is shaped by very different needs. The digital world moves faster and has more opportunities; as a reaction to this, the lifestyle of digital natives is fragmented. In this new context, we have to rethink the relationship between customers and banks.

Growing up during the financial crisis and a sluggish economic recovery has made Millennials distrustful of incumbent financial brands and institutions. Coupled with a preference for using technology in every aspect of life, this aversion to traditional financial services makes this generation the single largest current market opportunity for startups and innovative corporates looking to build FinTech businesses. Millennials are looking for a different kind of trust with the financial system.

During the session, Claro Partners and Anthemis Group will share the insights of research done with a consortium of financial institutions in six markets. The session will also feature key tenets of a whitepaper produced by Millennials from Wharton Fintech in collaboration with Innotribe. Several FinTech entrepreneurs and Millennials from the Singapore Management University and Wharton FinTech will be with us and engage in the discussion.

Speakers

Aldo de Jong • Co-Founder • Claro Partners

Samantha Ghiotti • Director and Co-Founder • Anthemis Edge

Scarlett Sieber • Senior Vice President • Open Innovation and Ecosystem Builder • BBVA

Brett King • Founder and CEO • Moven

Daniel McAuley, CFA • Co-Founder • Wharton FinTech

Steve Weiner • Co-Founder • Wharton FinTech


“Financial Services have been an industry ripe for disruption for many years, and disruption is now happening with the emerging value propositions from the FinTech players, changing expectations of the new consumers. Innotribe@Sibos brings together a great crowd to discuss these changes and how to respond to them. At Claro Partners, we have completed a global research that defines the

new user profile for financial services, and also maps out the emerging FinTech landscape. We will build on our learnings to facilitate the discussion on how to serve

the new digital customer.”

Aldo de Jong

“Sibos is known as one of the best finance events in the world and I greatly respect the work that Innotribe does. BBVA is working on a global millennial initiative and I am the US lead for the project. We have done extensive research on the demographic and are currently testing our prototype. Being a millennial myself, I am able to bring a different perspective and play an active role in the

strategy and development. I strive to push people to think about diversity and bring together different ways of thinking/working in all they do.”

Scarlett Sieber

“Sibos attracts some of the most interesting crowd in banking around the world and as investors and advisors on this space. I’m delighted to contribute to the growth and development of this community. I will bring my experience and perspective in having worked alongside some of the most exciting FinTech startups and corporate innovators.”

Samantha Ghiotti



Financial inclusion

Description

Despite the innovation boom by FinTech startups, there are still more than 2.5 Billion people who are unbanked and do not have access to quality financial services.

In this session, we will hear from some of the leading thinkers in this space, with a specific focus on developing and emerging economies in Asia Pacific.

Speakers


Udayan Goyal • Co-Founder and Co-Managing Partner • Apis Partners • Co-Founder • Anthemis Group

Kosta Peric • Deputy Director • Financial Services for the Poor • Bill & Melinda Gates Foundation


“Innotribe@Sibos is an important conference for the financial services sector and the opportunity to exchange information on financial innovation for the poor is a unique chance. I am going to lead this session on how we could accelerate social change and discuss the impact of innovation, policy and markets in the financial sector on the poor.”

Akhtar Badshah

“Having worked in the sector for a number of years as both a deal-maker and investor, I have been able to gain multiple perspectives of the space in both advanced and emerging economies. I hope to share these insights and learn more from the participants at Innotribe this year!”

Udayan Goyal

“I decided to participate to Innotribe this year to build upon the call to action delivered last year by Bill Gates at Sibos, and work with the financial industry to foster inclusive solutions. My contribution is to help leverage advanced financial technology for the needs of the billions of poor people living on less than 2 USD per day.”

Kosta Peric



Re-inventing regulation

Description

Risk and innovation don’t always go well together. Imagine what regulation would look like if we could start from scratch?

Most of our regulatory frameworks are based on industrial era models. What if we could re-design regulation based on digital era models? How different would that be from what we have today? How could that inspire us?

Speakers

Andrew Brown • Global Head of Compliance • Earthport

Natasha de Terán • Head of Corporate Affairs • SWIFT

Christine Duhaime • Founder • Digital Finance Institute

Dan Kimerling • Co-Director API Banking • Silicon Valley Bank

Lukas May • Head of International Growth and Regulation • TransferWise

Sean Park • Founder and Chief Investment Officer • Anthemis

Anju Patwardhan • Group Chief Innovation Officer • Standard Chartered Bank

Bernard Wee • Executive Director, Financial Markets Development, and Payments and Technology Solutions • Monetary Authority of Singapore (MAS)


“Attending Innotribe is a must for all Sibos participants, whatever their interests – but contributing to an Innotribe session is a particular privilege and challenge. The question of how to successfully regulate established markets, whilst allowing for innovation within them, was a discussion topic I couldn’t miss. SWIFT sits at the centre of the financial markets and for decades

has worked to facilitate innovation within them, but for the last several years SWIFT has focused just as closely on helping its members deal with the growth in

regulation. As a cooperative utility, SWIFT is expertly positioned to assist the industry deal with both innovation and regulation.”

Natasha de Terán

“Innotribe has started a great tradition of bringing together high-energy speakers with bold perspectives and immersive experiences, and I am excited to be part of that tradition. Singapore is hive of payment innovation, with payment solutions constantly being redesigned to adopt new technologies and adapt to new use cases. If companies are rethinking their solutions all the time,

then regulators should also be rethinking regulations.”

Bernard Wee

“I’ve known and been a part of Sibos for a long time. What keeps me involved is the quality of the room. The attendees, the programming, the ethos of the event - all lead up to a gathering that emphasizes productive dialogue and big thinking. I’ve spent my career at the nexus of startups, incumbents, finance, and technology. We founded Anthemis to mediate between those same things.

In an environment where organisations and individuals are so often working in silos, we take an approach that emphasises collaboration. And we benefit from the

multiple vantage points this approach affords us.”

Sean Park



World Economic Forum (WEF) Invitation only session

Description

Rapid innovation is lowering barriers to entry and changing competitive dynamics in financial services; enabling new players to challenge established value propositions and redefine the way financial services are designed, delivered and consumed. As part of an ongoing research effort by the World Economic Forum this session will convene a high level multi-stakeholder group for an interactive discussion on enablers and key implications of innovations in financial services. Particular focus will be given to two issues: the creation and operation of global standards for digital identity, and the potential for distributed ledger technologies to unlock operational efficiencies and enable improved systemic stability.

Speaker

Jesse McWaters • Project Lead, Disruptive Innovation in Financial Services • World Economic Forum


“Innotribe is a fantastic “no holds barred” environment for leading incumbents and cutting edge innovators to think creatively about the transformative impact that financial innovation is having, and will have, on the financial ecosystem and the broader economy. Over the past two years the Forum has run an in-depth exploration of financial innovation, based on over 100 interviews with

leading thinkers and workshops that brought incumbents and innovators together to discuss the industry’s future. We are excited to share the key findings of this work

including our taxonomy of innovation in financial services.”

Jesse Mc Waters



Leveraging modern payment platforms for accelerating social impact

Description

As of June 2015, the UN estimated that there are 60 million refugees across the world: twice the population of Canada and 80% of the UK population. Refugees present unique problems because they are financially excluded as there are no formal banking services available to refugee populations.

This exclusion happens for a variety of reasons: legally by statelessness; physically by geography (a camp for example); or by lack of government-issued ID in the host country which prevents opening a bank account. They are the poorest of the poor – the most unbankable of the unbanked. Surprisingly, they appear to be uniquely ignored in global financial inclusion programs and research studies.

Together with the financial institutions and modern innovative payment platforms and innovation, we will explore how we can accelerate social impact for refugee populations by devising or applying financial technology to refugee situations.

Speakers

Christine Duhaime • Founder • Digital Finance Institute

Sam Maule • Emerging Payments Practice Lead • Carlisle & Gallagher Consulting Group


“As a finance lawyer, Sibos is the key forum to learn about the latest legal and finance trends and issues, to stay current with evolving financial regulation and direction, and network with finance professionals, thought leaders and regulators from around the world. I decided to speak at Sibos to participate in the cutting edge discussions in finance and policy that will occur and to

drive change through thoughtful and challenging discussions. My contribution to Sibos is that I bring to discussions, the perspective of an AML lawyer and

experience as Founder of the Digital Finance Institute, addressing financial regulation of FinTech, emerging payments and remittances, innovation and financial inclusion. That experience enables me to see both sides of the effects of financial regulation for a balanced approach.”

Christine Duhaime

“Innotribe’s focus on FinTech and its impact on driving innovation in financial services is a key motivator for me. The chief disruptors in FinTech have a natural bias towards action, towards using technology and imagination to revolutionise the banking business and consumer engagement models. Carlisle & Gallagher’s motto is “Inspired to help you succeed”. I attempt

to incorporate this theme as my own personal mantra. I believe the rapidly growing international refugee crisis requires a global focus and response by the

financial services community; inspired individuals who are willing to engage, speak out, speak up, and push forward creative solutions to address refugees’ critical financial engagement needs.”

Sam Maule


Wednesday 14 October

9:15 – 10:00 Innotribe@Sibos day openingLocation: Innotribe stand

12:45 – 13:45 Why banks need FinTech hubsLocation: Innotribe stand

14:00 – 17:00 Innotribe Startup Challenge FinaleLocation: Conference Room 2

17:00 – 19:00 Innotribe reception and Startup Challenge winner announcementLocation: L3 (next to Conference Room 2)

Inno

vatio

n


Innotribe@Sibos day opening

Description

The second day of our programme was dedicated to Society. Join this session to get a condensed summary of the discussions that happened on Tuesday and a preview of today’s programme devoted to Innovation mind-shift. We will spotlight several FinTech hubs in a highly interactive way, and run the Finale of the Innotribe Startup Challenge in the afternoon, from 14:00-17:00 pm (see more information on page 44).

During the session, we will also be introducing you to our 2016 roadmap, which will give you a flavour of our key activities for the year to come.

Speakers



Fabian Vandenreydt • Head of Markets Management, Innotribe and the SWIFT Institute • SWIFT

Innotribe Singapore 2015 ProgrammeInnotribe Singapore 2015 Programme38 39


Why banks need FinTech hubs

Description

Everything you need to know about FinTech hubs, but were afraid to ask. It seems like every city wants to become the FinTech capital of the world. We are witnessing a battle for talent, startups and investment by economic financial centres.

Based on original research commissioned by Innotribe, this session compares six FinTech hubs: Silicon Valley, New York, London, Switzerland, Singapore, Sydney. We’ll have some basic statistical comparison data and graphics, and will let each hub comment and complement on why they are the best in town.

Speakers

Markus Gnirck • Co-Founder and Global COO • Startupbootcamp FinTech

Maria Gotsch • President and CEO • Partnership Fund for New York City

John Hucker • Founder • Swiss FinteCH and finteCH meetup Zurich

Wim De Waele • CEO • Eggsplore

Bernard Lunn • Founding Partner • Daily Fintech Advisers

Nicolas Mackel • CEO • Luxembourg for Finance

Sopnendu Mohanty • Chief FinTech Officer • Monetary Authority of Singapore (MAS)

Alex Scandurra • CEO • Stone & Chalk

Mike Sigal • Partner • Alliance.SV

Lawrence Wintermeyer • CEO • Innovate Finance


“As FinTech in Asia is on the rise, I am keen to share insights of the different ecosystems, the exciting developments and the new players that we have seen as Startupbootcamp FinTech. As we have helped to build a thriving FinTech community in Singapore and beyond, and are working with plenty of FinTech startups and financial institutions across APAC, we are aware what is going on

‘on the ground’ and are looking to connect even more stakeholders. FinTech in Singapore is happening. Everyone from entrepreneurs to banks and regulators gets

involved.”

Markus Gnirck

“I believe that FinTech is a game changer for the financial industry. Innotribe is the ideal occasion to meet with experts from both the Fin and the Tech sphere, to exchange views on the latest developments and to benefit from other people’s experiences. Luxembourg is and attractive hub for FinTech startups to settle down. It also offers plenty of corporate solutions for banks.”

Nicolas Mackel


“Innotribe provides the ultimate platform for the world’s most promising fintech startups to showcase themselves and demonstrate their market potential to a global audience. Stone & Chalk as Australia’s leading Fintech hub is a key player in this global movement. I can help architect long term sustainable innovation and entrepreneurship economies for governments and similarly help

advise large organisations on how to become startup-ready and embrace a more open innovation posture.”

Alex Scandurra

“Innotribe produces the most exciting and thought provoking events at Sibos. We are thrilled to have the opportunity to share our vision for the future of finance and look forward to engaging with an audience that’s willing to listen to new ideas and perspectives. Innovate Finance has quickly emerged as a powerful voice for FinTech, a sector that is successfully revolutionising the world

of financial services. We want to seize the opportunity to tell our story and to showcase why London has become the go-to destination for FinTech startups.”

Lawrence Wintermeyer

40 41

42 43

Startup Challenge Finale

High-level agenda

14:00 • 14:30 Welcome note and panel discussion

14:30 • 15:30 Startup pitches – part 1

15:30 • 15:45 Coffee break

15:45 • 16:45 Startup pitches – part 2

16:45 • 17:00 Closing

17:00 • 19:00 Reception and winner announcement

14:00 • 17:00Conference Room 2

Innotribe Startup Challenge Finale

One of the top moments of Innotribe at Sibos!

The Innotribe team ran 4 regional showcases in London, Cape Town, Singapore and New York to find the top 20 finalists (12 early-stage and 8 growth-stage startups) participating to the event.

As in previous years, the 12 early-stage finalists will pitch and showcase their cutting-edge technologies to Sibos delegates who will get the chance to vote for the startup of their choice. They will help select this year’s winner who will receive a cash price of 50,000 USD.

The winning company will be announced during the reception following the Finale. It will take place on L3, next to Conference Room 2, from 17:00-19:00 pm.

Innotribe Singapore 2015 ISC Finale

For the first time, the format is different for the 8 growth-stage finalists. They will not participate in the Finale as such, but host individual exhibition booths on the Innotribe stand, giving the opportunity to Sibos delegates to get live product demos throughout the week (more info on page 8).

44 45

Lending

Big Data

CorporateBusinessServices

InvestmentManagement

e-Commerce

FinancialEducation

Forex

Messaging

ComplianceBack-Officeoperations

Security

Settlement

ReferenceData

Tradefinance

Liquidity

Payments

New banks

Personal(Financial)

Management

This diagram represents the different areas of innovation identified during the 2015 Innotribe Startup Challenge application process, and their interconnections.

GlobalInnovation areas



Early-stageFounded in 2014 • HQ Hong Konghttp://www.bitspark.io • @bitsparkBTCGeorge Harrap, CEO • [email protected]

Short descriptionGlobal blockchain powered remittance platform

Key metrics• # Employees: 4• # Customers: 1500• Present in 6 countries

Product presentedBitspark

CompetitorsWestern Union, Paypal, UAE Exchange

Bitspark

Executive summaryBitspark has pioneered the world’s first cash in, cash out remittance platform leveraging Bitcoin and Blockchain technology for Money Transfer Operators (MTO’s) and Financial Institutions to send and receive remittance payments to emerging markets quicker, cheaper and with zero bitcoin knowledge required. Bitsparks’ full featured web platform enables MTO’s to send and receive remittance payments, retain 100% of their commission, record customer due diligence, receive detailed analytics on business performance and is available anywhere in the world with no lock-in contracts.

Product descriptionBitspark’s world leading Bitcoin and Blockchain powered remittance service provides a low cost means to send money between key growth markets in Asia Pacific including: Indonesia, Philippines, Hong Kong, Australia, China and Vietnam. The Bitspark Remittance platform connects with over 10000+ pickup locations in our destination countries using local solutions to deliver money either through the banking network or via various cash pickup networks. Bitspark connects previously offline Money Transfer Operators (MTO’s) to our online network driving increased volume and sales to them and connects online businesses to the formerly unreachable unbanked customers through our network of existing on the ground Money Transfer Operators. Bitspark provides not only a full featured business platform for MTO’s but also the means for individuals to send money via our website to any destination country quicker and cheaper than ever before.

Corporate Business Services Messaging Payments

Early-stageFounded in 2014 • HQ United Stateshttp://www.hyperledger.com • @hyperledger • http://www.digitalasset.comDaniel O’Prey, Founder • [email protected] Feichtinger, Founder • [email protected]

Short descriptionDistributed Ledgers for Financial Institutions

Key metrics• # Employees: 23• Present in 4 countries

Product presentedHyperledger

CompetitorsRipple Labs, Eris Industries, Bitcoin

Hyper

Executive summaryHyperledger, acquired by Digital Asset Holdings in May, is working with financial institutions, consortiums of banks, and startups to deliver solutions to mitigate settlement risk, reduce costs and delays across multiple financial instruments; from Syndicated Loans, US Repo, FX, Securities, to correspondent banking.

Product descriptionHyperledger is a new technology to allow banks to clear and settle in real-time without the need for a central party via distributed ledgers. By removing the need for these intermediaries, Hyperledger reduces costs, delays, and settlement risk. For the first time, financial institutions can create private shared databases among known entities. By providing an open standard for value transfer, Hyperledger can integrate with existing systems to break down silos and increase liquidity. Hyperledger is the only platform of its type not to have a built-in cryptocurrency or singular public network.

Forex Payments Settlement

Innotribe Singapore 2015 ISC Finale46 47

Early-stageFounded in 2013 • HQ Ugandahttp://www.iwiafrica.com • @iwiafrica Allan Rwakatungu, CEO • [email protected] Nkurunungi, Customer Development • [email protected] Legesi, Business Development • [email protected]

Short descriptionWe develop digital finance and digital commerce solutions

Key metrics• # Employees: 10• # Customers: 5• Present in 1 country

Product presentedIWIAfrica

CompetitorsCellulant, Yo, Pesapal

iwiafrica

Executive summary2.5 billion people in the world do not have bank accounts. Further 95% of transactions (B2B) in the developing world are cash which is very inefficient both for the consumer and the businesses. However, 70% of adults have access to mobile devices and networks. Our business builds systems that allow our customers to transact with their clients using mobile devices. These could be feature phones, smartphones, point of sale and several payment providers including mobile money wallets, banks, cards and other wallets.

Product descriptionA payment and commerce ecosystem that can be used byall types of businesses, from big corporations to start-ups to transact with their customers using mobile devices. We offer full service integration for large enterprises or an API layer to allow self-integration. We also have an agency product that allows informal business collect mobile payment and sell electronic products.

Innotribe Singapore 2015 ISC Finale Innotribe Singapore 2015 ISC Finale48 49

Corporate Business Services Payments

Belfast is the world’s top destination city for financial technology investment.

Carrick-a-Rede Rope Bridge, Northern Ireland

beauty & brains

investni.com

You know Northern Ireland has a spectacular landscape, but did you know our workforce is behind some of the world’s most sophisticated banking systems?

Belfast beats cities like Dublin, Glasgow and Beijing, and even major IT centres such as Bangalore and Singapore, which speaks volumes about the quality of our software specialists.

Northern Ireland offers competitive operating costs, an advanced business infrastructure, and generous financial assistance and support.

To learn more about what makes Northern Ireland the smart choice, visit www.investni.com

Early-stageFounded in 2013 • HQ South Africahttp://www.notafy.net • @NotafyAndrew Cook, CEO • [email protected] Burns, Technical Director • [email protected]

Short descriptionControl your mobile brand notifications


Product presentedNotafy

CompetitorsLuminet World, D6 Corporate Communicator, Zing360

Notafy

Executive summaryNotafy was created to reduce the cost of business to consumer (and application to person) mobile messaging by replacing SMS communication with instant messaging technology - think WhatsApp for business. When you transact with a financial institution you will typically receive a notification of that transaction via SMS. These SMSnotifications cost organisations millions annually and Notafy is looking to reduce that cost by replacing the cost-per- message model with a cost-per-subscriber model allowing organisations to send as many messages as they need without being charged for each message.

Product descriptionNotafy is an app that is set to replace A2P SMS messaging (currently a 70 billion USD industry). It allows a company to push messages to their consumer’s mobile phones via instant message (IM) instead of costly SMS. A consumer receives a request from a company to install their Notafy Subscription, the company’s dedicated inbox appears in the consumers Notafy app. All mobile messages the company sendsare delivered via IM to the Notafy app. Notafy intelligently identifies customers that do not have Notafy on their phones and defaults their messages to SMS, ensuring all mobile messages reach their target.

Messaging


Early-stageFounded in 2014 • HQ Singaporehttp://www.jewelpaymentech.comSandra Cheim, Co-Founder and Director • [email protected]

Short descriptionIntelligent risk management for banking/e-payments

Key metrics• # Employees: 8• # Customers: 3 • Present in 3 countries

Product presentedOne Sentry™

Jewel Paymentech

Executive summaryJewel Paymentech is a Singapore-based FinTech company founded in 2014 to develop innovative security technologies for the banking and e-payments industry and a recipient of the ACE startup grant (SPRING Singapore). Our founding team has over 30 years combined experience in e-payments and financial services. We have recently launched our first product, One Sentry™ - an intelligent Merchant Risk Monitor targeted at banks and payment facilitators, to positive reception from industry heavyweights.

Product descriptionOne Sentry™ is the industry’s first fully automated tool that allows payment card acquiring banks and payment facilitators (“acquirers”) to effectively manage their merchant’s brand, fraud, credit and data security risk profile. Using a proprietary intelligent risk scoring algorithm with machine learning, web heuristics and image analytics, One Sentry™ provides acquirers a way to pro-actively detect illegal e-Commerce merchant activities before complaints and penalties are imposed by IP owners, law enforcement and payment networks.

Big Data Compliance Security


Early-stageFounded in 2014 • HQ United Kingdomhttps://pariti.co.uk • @pariti_financeMatthew Ford, CEO • [email protected]

Short descriptionPariti helps improve people’s financial health

Key metrics• # Employees: 4• Present in 1 country

Product presentedPariti

CompetitorsDigit, Even, Zest Finance, Kreditech, ReadyforZero, LendUp

Pariti

Executive summaryRising personal debt, inconsistent income and low savings levels have left large segments of society financially vulnerable. Increasingly people are just about scraping through to the end of the month, or worse still falling short and turning to high-interest lenders. In the UK alone, 1 in 5 adults have less than 400 USD in their bank accounts and 1 in 3 are not currently saving for the future. This lack of financial resilience is causing significant financial stress for some people, detachment and inertia for others, but overall it’s restricting and impacting our life choices. Our health, relationships, job prospects and ambitions are all being affected. It’s clear that money complexities are dominating our lives and limiting our potential. Pariti was founded to change this…

Product descriptionPariti puts people back in control of their finances and sets them on a journey to a more secure financial future. The Pariti app connects to a user’s financial accounts to analyse their financial position and calculate a plan to fit their situation. We determine their current financial “trajectory”, how that can be improved, and suggest an achievable consistent “spendable” amount each week. In weeks where users spend less than planned, Pariti identifies and incentivises opportunities to move money into reserve; in weeks where users need to spend more, this is funded from their reserve; when no reserve is available, Pariti’s safety net fills the shortfall. By removing the complexities of finance and empowering decisions around simple and small improvements, we reduce the burden of managing money, decrease the need for high-interest lenders, and free people to live their lives.

Big Data Financial Education Personal (Financial) Management

Early-stageFounded in 2014 • HQ United Kingdomhttp://revolut.com • @RevolutAppNikolay Storonsky, Founder • [email protected]

Short descriptionPersonal Money Cloud

Key metrics• # Employees: 12• # Customers: 12,200 (private beta)• Present in 62 countries

Product presentedRevolut

CompetitorsMoneyCorp, Travelex, FairFX

Revolut

Executive summaryRevolut disrupts the financial industry by providing customers with the value they won’t find anywhere else - the personal money cloud. It allows you to exchange currencies at interbank rates, send them through social networks, and spend with multi-currency card accepted anywhere.

Product descriptionRevolut allows you to exchange currencies at interbank rates, send them through social networks, and spend with multi-currency card accepted anywhere. All is done with the touch of button, through beautiful mobile application. Our goal is to completely remove all hidden banking costs. Whenever you spend money on your banking card or send money in different currency, you are hit by expensive banking charges hidden in exchange rates.

Payments

Innotribe Singapore 2015 ISC Finale Innotribe Singapore 2015 ISC Finale52 53

Early-stageFounded in 2013 • HQ Irelandhttp://www.sedicii.com • @GBRSediciiRob Leslie, CEO • [email protected] Coady, Commercial Director • [email protected]

Short descriptionProving identity without compromising privacy


Product presentedUnity

CompetitorsOkta, OneID, OneLogin, RSA, Symantec, Certivox

Sedicii

Executive summarySedicii has developed and patented a technology based on the Zero Knowledge Proof Protocol that eliminates the transmission, storage and exposure of private user data during authentication or identity verification. This reduces identity theft, impersonation and any resulting fraud. Sedicii adheres to the “Right To Be Forgotten” privacy regulation and enables users to continue to consume digital services without having to expose their private data while still proving they are who they say they are. In essence, they can reclaim their identity and regain control over how it is consumed by others.

Product descriptionThe need to manage customer authentication and their identity data has become ever more challenging. Convenience with security and privacy is the goal. Sedicii’s Unity is a two factor authentication service that uses a password, or a biometric, combined with your phone where the credential is never exposed. This means you only need one. One password, one biometric, your phone to access everything. It allows authentication or approval for anything - a network, web service, contact center, credit card payment, expense claim, purchase approval - without ever exposing the private credential anywhere.

New Banks Security

Innotribe Singapore 2015 ISC Finale Innotribe Singapore 2015 ISC Finale54 55StartupAccelerator

For the promising young companies we select, the Wells Fargo Startup Accelerator provides an opportunity to develop and refi ne innovative solutions for fi nancial institutions and enterprise customers during a six-month program helmed by Wells Fargo business and technology leaders. If your application for this program is selected, we’ll work closely with you to test your concept, helping to validate your technology, market direction, and enterprise readiness. The next application period begins fall 2015. To learn more, visit wellsfargo.com/accelerator.

Terms and conditions apply. Limit one application per company per program period. Twice-yearly application period and � nal selection of companies for the program to be determined solely at Wells Fargo’s discretion. Void where prohibited.

© 2015 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. Deposits held in non-U.S. branches are not FDIC insured. Equal opportunity lender. WCS-1264812 (7/15)

Congratulations to the 2015 Innotribe Startup Challenge � nalists

“We want a banker who will take our vision to the next level.”

WELLS FARGOSTARTUP ACCELERATOR

Six-month program

Applications accepted twice a year

Up to $500k in funding

Minority equity stake in company

Early-stageFounded in 2015 • HQ United Stateshttp://www.token.io • @token_ioSteve Kirsch, CEO • [email protected] Benjamin, CTO • [email protected] York, VP Product • [email protected]

Short descriptionSecure payment ecosystem hosted by banks

Key metrics• # Employees: 8• # Customers: 1• Present in 1 country

Product presentedToken

Token

Executive summaryToken is building a modern fast, secure payment platform for worldwide payments. Token differs from today’s faster payment systems in that Token extends to the endpoints: enterprises and software developers, allowing banks to accept digitally signed payment instructions from third party applications. Six of the world’s largest banks are in the evaluation process. Token was founded in 2015 by world-leading identity, security and payment experts. Token’s CTO was the former CTO of Citigroup; he has quadrillions of dollars in payments experience.

Product descriptionWe present a novel consumer lending model based on mobile network infrastructure. In particular, the model utilises mobile usage data to enhance credit risk assessment, leverages existing customer base to grow lending portfolio rapidly; and streamlines consumer touch points to create omni-channel for marketing and on-boarding.

Payments Security

Innotribe Singapore 2015 ISC Finale Innotribe Singapore 2015 ISC Finale

Early-stageFounded in 2011 • HQ United Stateshttp://www. SizeUp.com • @sizeupbusinessAnatalio Ubalde, CEO and Founder • [email protected]

Short descriptionBig Data for Small Business


Product presentedSizeUp

SizeUp

Executive summarySizeUp helps financial institutions to empower their small business customers to make smarter decisions through data. SizeUp uses big data to provide small businesses with high quality research insights that typically only large enterprises can afford and in a format that even an SME can easily understand. Financial institutions provide SizeUp to their business customers to support their customer’s growth and economic success. SizeUp can be customized for bank/FI goals such as increased customer acquisition, retention, introduction of products and services, and engagement.

Product descriptionSizeUp provides business intelligence and market research to companies so they can make smarter decisions through data. SizeUp is big data for small businesses. It currently provides:1. Competitive benchmarks: Compare your business performance to your industry competitors across multiple characteristics.2. Find customers, suppliers, and competitors: Geographically discover and identify potential customers, suppliers, and competitors to grow your business.3. Best locations to advertise: Identify the best geographic locations to advertise based on industry and demographic characteristics.

Big Data New Banks

56 57

Early-stageFounded in 2013 • HQ United Stateshttps://trustingsocial.com • @trustingsocialNguyen Nguyen, CEO • [email protected] Huynh, CTO • [email protected]

Short descriptionInventing Credit Scoring 2.0


Product presentedCredit Score based on Mobile Usage Data

Trusting Social

Executive summaryWe invent Credit Scoring 2.0 by combining Deep Learning with Big Data from social and mobile networks. Our solution enables lenders to assess the credit risk of 2.5 billion “financially invisible” consumers in emerging markets. Our solution is proven to be highly predictive and is able to reduce bad loans by up to 40%. Our early clients include a major telecom operator, and financial institutions in Southeast Asia and Europe. Our team is comprised of Ph.D. data scientists and banking experts.

Product descriptionWe invent Credit Scoring 2.0 by combining Deep Learningwith Big Data from social and mobile networks. Our solution enables lenders to assess the credit risk of 2.5 billion“financially invisible” consumers in emerging markets. Oursolution is proven to be highly predictive and is able toreduce bad loans by up to 40%. Our early clients include amajor telecom operator, and financial institutions in Southeast Asia and Europe. Our team is comprised of Ph.D. datascientists and banking experts.

Big Data Lending New Banks


Level39: Our FinTech EcosystemEngaging with tech and finance organisations around the world

Bring your financial innovation ecosystems to Level39. Engage with our community, meet our members and hear about the future of FinTech. Find

out more about us at level39.co

Number of investor office hours completed since Q4 2014

100+

The number of product launches, hackathons, networking events, conferences and accelerator programmes held here at Level39.

780+

Just a few of the tier-1 financial institutions Level39 has engaged with over the past 2 and a half years.

Number of experts, including C-level banking executives, investors and experienced founders who have engaged with Level39

155HSBCCitiUBS

LloydsJ.P. Morgan

Barclays

Reception

Early-stageFounded in 2014 • HQ South Africa http://www.yuediligence.com • @YueDiligenceKeet van Zyl, CEO • [email protected]

ue DiligenceSelf - Assessment Due Diligence Tool

Short descriptionA SaaS platform that automates the initial due diligence process to enable users to make informed investment decisions.

Key metrics• # Employees: 3• # Customers: 120+• Present in 2 countries

Product presentedYueDiligence

Competitorsenloop, EFQM, LivePlan

YueDiligence

Executive summaryYueDiligence is an interactive web-based tool that increases due diligence efficiency for entrepreneurs, investors and service providers through process automation. By assessing gaps in key business disciplines it enhances fundraising preparation and enables informed investment decisions. Investors save time when analysing deal-flow and can prioritise investment spending to accelerate strategy execution. Many entrepreneurs view due diligence as an intimidating and daunting exercise. YueDiligence reduces this uncertainty by coaching them through the process to proactively close information gaps and build a purposeful data room.

Product descriptionThe product experience starts with a web-based questionnaire that consists of ±350 carefully crafted and weighted questions across functional business areas. Once completed, the data analytics generate various gap analysis reports, an interactive dashboard, top-line company valuation range and a live due diligence checklist. Investors and incubators can benchmark their portfolio companies and track progress over time. Various due diligence related templates are made available for data room completion. A company’s YueDiligence report contains rich information about the history and future of the business, and provides a comprehensive unbiased risk assessment. Key action items deliver a roadmap for closing growth gaps and users can revisit questions and strengthen their company profile over time. Technological innovation combines with design elements to present complex information in a user-friendly fashion.

Big Data Compliance Investment Management


Innotribe

Reception

17:00 • 19:00L3 (next to Conference Room 2)

It’s time to celebrate. Following the Innotribe Startup Challenge Finale taking place from 14:00-17:00 pm, we are organising a reception to give you the opportunity to network with the various companies who were selected as finalists and congratulate this year’s winner. Come, relax, and enjoy!

Thursday 15 October

09:15 – 10:00 Accelerating and scaling expertise with cognitive computing from IBM Research and WatsonLocation: Innotribe stand

10:15 – 11:15 Voice of the customer 3.0Location: Innotribe stand

12:45 – 13:45 Thinking machines and jobs: How banks can respond to the opportunity?Location: Innotribe stand

14:00 – 15:00 Analytics for a real-time worldLocation: Innotribe stand

15:15 – 15:45 Closing keynote: Machines are not the answerLocation: Innotribe stand

Mac

hine

Int

ellig

ence



Accelerating and scaling expertise with cognitive computing from IBM Research and Watson

Description

Sridhar Iyengar, Distinguished Engineer from IBM Research, and Jonathan Young, IBM Watson Group Program Director will explore the disruptive force of cognitive computing and demonstrate several use cases in which present day cognitive systems and emerging capabilities from IBM Research could significantly impact the operations of financial services organisations. These include:

• Cognitive assistants in a human/cognitive agent environment that could be used by investment banking experts to narrow acquisition targets or leverage robotics to assist retail banking customers to select a financial product

• A financial sentiment aggregator that could use a cognitive engine to consume investment reports and derive investment sentiment and outlook

• Analysis of psycholinguistic features from written text using deep learning techniques so that a financial services company could tailor products and services to the needs of individual customers

• Advice for Financial Advisors that could enable them to provide timely and relevant guidance and recommendations by combining a Watson’s cognitive decision support, traditional portfolio data, and a stream of social, news, investment reports and other unstructured data

Speakers

Sridhar Iyengar • Distinguished Engineer, Cognitive Applications Research Leader • TJ Watson Research Center • IBM

Jonathan Young • Programme Director • Watson Group • IBM


“Innotribe @ Sibos is an exciting event that brings the worlds FinTech experts together like no other event. I am excited to learn from and contribute to the next wave of innovations in Big Data and Cognitive Computing that will help scale human intelligence in the area of Financial Services to empower more citizens around the world to improve their financial wellness. We are still in the

early stages of this 3rd era of computing, the ‘Cognitive Computing’, where we are building learning systems with a goal of democratising knowledge. This is an

exciting time to be in this industry and I hope to spread my enthusiasm and knowledge that will hopefully inspire the conference attendees.”

Sridhar Iyengar



Voice of the customer 3.0

Description

In this session we will showcase how different types of intelligence are converging: artificial intelligence, crowd-intelligence, graph intelligence and human intelligence. One company will demonstrate the integration of crowd-intelligence with cognitive engines. Another will impress you with a very visual convergence of people graphs, idea graphs, economic graphs and knowledge graphs – all this with use cases that are inspiring for the financial industry.

Speakers

Steve Jennings • Chief Innovation Officer and Founding Partner • Better Ventures

Matthias Kroener • Co-Founder, Shareholder and CEO • Fidor Bank

Jay van Zyl • Founder and CEO • Innosect


“Innotribe@Sibos is the perfect platform to share a thought provoking and proven approach to holistic and participatory business growth with the global financial services sector. With a twist of ‘rebel’, we’ll share a new perspective around the power of ‘participation commerce’ and how this can be the foundation that enables business to future proof their ecosystem.”

Steve Jennings

“Innotribe has created a thriving community of people that is truly admirable. As we see innovation sweep across the financial services sector, the world will be looking towards thought leadership and guidance. We search, interpret, and ultimately apply our human brain to solve problems. Or do we? Our existence is totally dependent on technological support as our dependence deepens on the

intelligence of machines. At Innosect, we are concerned with the intersection of innovation and human capacity as our work on the idea-graph seeks to create the

ultimate human-idea network.”

Jay van Zyl



Thinking machines and jobs: How banks can respond to the opportunity?

Description

Excellent work has been done in recent years on igniting the discussion on technological unemployment. This session is about changing the dystopian “robots will kill our jobs” conversation into a “disrupting unemployment” perspective. We will also investigate the opportunities for new wealth creation and how financial institutions can leverage those new markets and models.

Our keynote speaker David Nordfors and his partner, Vint Cerf, are already thinking about the next stage: “If computers are going to do what people do today, what can people do?

It’s a new, huge market for innovations that help people create maximum value for each other: innovation for earning to match innovation for spending. As this is not only about today’s jobs, we will weave in the perspective of Millennials from Wharton FinTech and the Singapore Management University.

Speakers

Christophe Chazot • Group Head of Innovation • HSBC

Andrew Keen • Author • The Internet Is Not The Answer

Daniel McAuley, CFA • Co-Founder • Wharton FinTech

Dr. David Nordfors • CEO and Co-Chair • i4j (Innovation for Jobs)

Jay van Zyl • Founder and CEO • Innosect

Steve Weiner • Co-Founder • Wharton FinTech


“Technology is currently reshaping financial services. As a leader in the financial technology space, SWIFT is playing a pivotal role in bridging the gap between the existing industry and the startups that are driving change through innovation. Sibos is THE forum to discuss these dynamics. I am hoping to bring a unique perspective, that of the Millennial FinTech consumer.”

Daniel McAuley

“The world stands before a choice: artificial intelligence can soon perform most tasks people do today. Will it kill most bank jobs, including the senior ones? Or will it help senior management to create new and better jobs? Will it be an increasing winner-take-all economy, or are there new markets for a new middle class economy ahead of us? These are the questions that senior bank managers

must answer by choosing their best strategy for the approaching innovation economy. In this session, we will discuss what the best strategies may be.”

David Nordfors


“Finance is undergoing an exciting revolution with the emergence of new ideas driven by technological innovation. At Sibos, I’m excited and honored to represent the Millennial Generation, which will be an increasingly important part of the redefinition of financial services. My first true exposure to the macro-economy was through the lens of Bitcoin and other cryptocurrencies -

innovations that I believe will fundamentally change the world.”

Steve Weiner

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Analytics for a real-time world

Description

Four data analytics and machine intelligence firms will give demos of applications related to real-time financial services that are currently in the market:• Real-time customer data• Real-time sanctions• Real-time automated lending• Real-time GDP

Speakers

Luc Burgelman • Chief Executive Officer • NGDATA

Suresh Ramamurthi • Chairman • CBW Bank • CEO • Yantra Financial Technologies

Bipin Sahni • Senior Vice President, Innovation Group, Enterprise Innovation and R&D • Wells Fargo


“Innotribe@Sibos is a tremendous showcase of innovation in the financial services industry, and we’re thrilled to share our experiences working with large financial institutions, helping them better understand their customers to generate data-driven, actionable insights and connecting prescribed actions that deliver real value to their business. I bring real world expertise in how banks

can benefit from truly understanding their customers.”

Luc Burgelman

“Sibos and Innotribe are recognised worldwide for their events, attracting the best and the brightest bankers and entrepreneurs in the financial services market. Despite its size and rural location, CBW Bank is driving innovation in the payments industry. Our unique approach combined with innovative technology tools continues to transform and disrupt the traditional payments

infrastructure, allowing individuals and corporations to send money to anyone, anywhere at any time – in real time. For me, participate in this year’s event

represents a unique opportunity to collaborate, share ideas and learn from some of the most forward-thinking, innovative individuals in the fintech industry.”

Suresh Ramamurthi


“Innotribe focuses on emerging technology that provides value to our customers, including in the area of data analytics. The amount and complexity of data companies collect and analyse will increase in the future. Customer experience is a priority in my innovations for big data and analytics. I led teams at Wells Fargo that generated game-changing innovations in online and mobile

technology for financial services. I’m accustomed to innovation and change. I value connecting with peers and some of the brightest fintech startups from around

the world to discuss innovation and the future.”

Bipin Sahni

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Closing Keynote

Machines are not the answer Created during the Cold War, the Internet has now ushered in one of the greatest shifts in society since the Industrial Revolution. There are many positive ways in which the Internet has contributed to the world, but as a society we are less aware of its deeply negative effects on our psychology, economy, and culture.

In his book “The Internet Is Not the Answer”, Andrew Keen traces the technological and economic history of the internet from its founding in the 1960s through the rise of the big data companies to the increasing attempts to monetise almost every human activity, and investigates how the internet is reconfiguring our world, often at great cost.

Andrew Keen is one of the world’s best known and controversial commentators on the digital revolution. During his keynote, he will debunk some of the enthusiasm surrounding artificial intelligence.


Speakers

• Andrew Keen Author The Internet Is Not The Answer

• Jay van Zyl Founder and CEO Innosect

• Peter Ware Head of Marketing Enabler’s Teams SWIFT

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Technology Accelerator at Canary Wharf

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For more information about Innotribevisit www.innotribe.com

SWIFT © 2015

For more information about Innotribevisit www.innotribe.com

SWIFT © 2015

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Sibos 2015 Singapore 12 - 15 October - Innotribe · 2017. 8. 28. · Bridging the gender gap FinTech is revolutionising the financial services landscape at breakneck speed. It is