Fintech on the Block (FTOB) Speakers Name Crucial Trends in the Fintech Space


27-28 November 2018 in San Francisco, California. Event will include demos, networking and expert panels and discussions about the most crucial commercial developments and technical innovations in the field of FinTech and Blockchain. Check out the lineup of speakers; Early bird tickets now available. Bitcoin Garden readers can use promo code Bitcoingarden15 to obtain a 15% discount on tickets.

Dillon Van Auken, Operations Lead at Monzo Bank

  • Higher Customer Expectations

The most successful Fintech companies will be those that are using technology to solve a real customer problem and far exceed expectations. Simply digitizing old business models will not be as successful long-term, instead it will be those that can drive a “wow factor” and drive user experience that is something new and far beyond existing expectations.

  • Transparency

Customers are increasingly invested not only in just the user experience, but also what goes on beyond the scenes at the business to bring this to them. This is something that Monzo really focuses on, and we try to involve our community as much as possible as we go about building our bank. We also see this to a large degree in much of the crypto space. Customers are much more keen on supporting a business that aligns with their own values and enjoy feeling more vested in the actual company and seeing that it has their interests at heart.

  • Cannibalization of Historical Supply Chains

Technology is enabling this in the Fintech space at a rapid rate and is removing the need for brick and mortar financial providers. This is further accelerated by the ease of partnerships between specialized Fintech companies, such as ours with Transferwise, that allow for providers to offer complementary services without building them out in-house.

  • Regulation’s clarity

Another trend is that we are getting a lot more clarity from the regulators. They are starting to cooperate a lot more. They are being helpful by giving rules, and I think we will see much more of it in the 2019 and on. And while you can argue that a lot of this is a part of fintech which is obviously why we are talking now, I still think there is a huge separation between fintech companies and cryptocurrency companies, and a big gap in there.

  • Creating a better Bitcoin

While a lot of projects are trying to challenge the original idea of bitcoin, bitcoin is still the most popular cryptocurrency out there and the most liquid. But there are technical issues that don’t allow it to scale, there is not a lot of desire to change bitcoin to help it scale, so we will see many cryptocurrencies coming along that are trying to do things that bitcoin can’t do. We see a number of startups in Silicon Valley that are working on that idea. For example, with bitcoin you can only do 5 transactions per second, and it’s very small comparing it to a credit card processor, so there should be way more transactions. Also, a lot of mining should be done and it requires a lot of energy which is not good for the environment. So we see a bunch of different companies that are trying to solve that problems for the cryptocurrency space.

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Anatoly Kvitnitsky, VP of Growth at Trulioo

  • Verification via mobile phones

With emerging markets playing a key role in fintech growth, mobile phones are the catalyst for enabling a ubiquitous way to identify and verify all individuals. Emerging markets lack many of the traditional databases that developed markets have, such as credit bureaus. But more people have cell phones than credit files in those regions, helping developing countries to ‘leap frog’ its identity verification technology with the latest innovations.

  • Global Business verification

Global Business verification is the next phase for regtech and compliance. In today’s digital borderless world, businesses need to fully automate and digitize how they onboard their business clients without having employees manually doing it, which can take up to 4-6 weeks.

Chuck Wallace, CEO at HDVI (InsurTech)

  • Utilizing real-time data

Real-time data helps make decisions on how to underwrite and price the insurance for the asset; and  after the policy is in place, proactively manage the risk of the asset partnership with the insured, to lower the risk of loss.

The question for insurance companies now is how to use a wider variety of data (i.e. real-time data) about certain asset to better understand their risk. A hypothetical fleet of trucks whose drivers are trained to drive defensively could have that behavior recognized and their premiums reduced.

For example, Fitbit or Apple Watch and other connected devices that are associated with a given person/asset can provide information that is crucial for healthcare insurance companies.

A flow meter that is attached to the water helps measure how much water is going into a home and help identify a discrepancy between water going in the main, and water going out of the faucets. Leaks are the biggest cause of property damage, and analysis can help us identify them well before any obvious damage occurs.

  • Close work with the insured

Previously, one wouldn’t really interact with the insurance company, beyond requesting that a claim be covered. Now a dialogue can develop, where patterns of behavior can be encouraged that will protect their bottom line and the assets quality of life. Taking a gym class, driving in line with the law and avoiding excessive drinking are all behaviors that can be measured and rewarded. The future is that you buy the policy and communicate with your insurance company so they keep track of the risks. That is what is called Integrated risk management.

Daniel Cawrey, CEO at Pactum Capital

  • Gap between fintech and cryptocurrency worlds

There is a big gap between fintech and cryptocurrency blockchain world. Fintech companies are trying to use blockchain without cryptocurrency now, because there are so many regulatory issue. But the only use-case we see is cryptocurrencies on blockchain. So when fintech companies are talking about blockchain, it is just because it sounds good. I don’t think it’s going to change soon because there are no other real use cases for blockchain. In fact, many of solutions fintech companies are looking for when they are saying blockchain, is just database, not really blockchain.

California’s Law for Women on Boards – What do tech CEOs think?


California will require publicly listed companies with headquarters in the state to have at least one woman on their boards of directors by end of 2019. How do you think this is going to change the business environment?

Chris Britt, Co-founder of Chime

Chime has female representation on board since early days, and publicly traded companies probably won’t have an impact whatsoever because they already have women on their board. I think it’s unfortunate that we need to have legislation to make it happen — everyone should know that by having a diverse set of people will help create a better business direction and strategy. Overall, it’s certainly a positive step that will bring more women on boards.

Miko Matsumura, Co-founder of Evercoin

I’ve heard a number of people complaining that this is tokenism, but I feel that this is a strongly positive step. One of the problems with addressing historical imbalances is that systems get into a vicious cycle, especially in certain industries that are male dominated. Because there are “no experienced female directors”, companies don’t choose any. This kind of cycle perpetuates until some form of fix is implemented.

Willie Wang, VP of Engineering at Abra

Abra is not a publicly traded company so the law does not specifically apply to us.  From my personal point of view, in a male dominated tech culture in Silicon Valley, women are an untapped resource.  I think we need more women engineers, executives, and board members. I think this law will help.

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Eli M. Blatt, CEO of Bitfinance

This stop will create more opportunities for women to help shape corporate culture and direction at public companies. Not knowing what percent of public companies already have women on the board, it’s not clear how big of an impact this will be.

Andrew Pantyukhin, CEO of Tangem

Higher diversity in corporate boards and other oversight bodies is obviously a great goal. Let’s hope this new regulation is a spark to encourage a new way of thinking about staffing these positions. Personally I prefer positive action to happen under industrial and market pressure. It’s a sad fact legislation had to get involved, but a sadder yet if they saw a strong trend and decided to score political points rather than let it unfold naturally.

Natalia Kara, CEO at Propy

As a woman in a tech industry which is mostly male-dominated, I am very interested in the outcome of the law passed by the state of California. The law will not directly affect many companies as it targets public companies only. Also, the ecosystem of Silicon Valley has become pro-female due to multiple public debates and pressure made. Enforcing female empowerment through legislation may drive a negative connotation to it; however, we should definitely put more effort to increase the degree of autonomy and self-determination of women. It will provide many opportunities for talented females to reach their potential in the professional world, and at the same time will create a more balanced work environment. As a CEO, I am convinced that the right male-female ratio is one of the aspects for businesses to unleash their potential and grow exponentially. I am also taking that into account running Propy: when it comes to the management level, we have a great female/male ratio and we balance out. Even though the number of women in the top management positions increases internationally, I would be glad to see more rapid growth, especially in the tech and finance industries.

Will the new law change the business environment? Yes, I believe so. Women tend to take fewer risks than men do and deliver more execution and even more revenues as per recent researches.

However, I wish this law would also improve the situation in granting an equal pay. Even in the 21st century it still remains a problem: women earn less than their male counterparts.

Daniel Wolfe, Co-Founder of Tradingene

I think this will be a very positive change, most importantly as it will create broader opportunities for women to participate in strategic management of corporations. Women tend to bring a broader range of experiences to boards, including dealing with the challenges of managing both a career and childbirth. I expect this will help move companies towards the more humane European approach to integrating women who have children into business.


Phillip Stauffer, Founder at FYRFLY Venture Partners

This step is going to influence the business environment positively as we have many qualified women to take board seats. We might need regulation to accelerate female leadership but quite frankly we should just be free to select the best candidate for the role. At FYRFLY Venture Partners we beat the market in diversity by far, having 40% female founders and/or Senior Executives among quite a few other market-beating diversity metrics.

Justin Newton, CEO of Netki

We believe that diversity of thought at the table leads to better decision making, and to that end think all leadership teams, and teams in general should be diverse with respect to the backgrounds of their members.  From this perspective, it is likely that this will lead to better decision making for those corporations adding more diversity to their boards. There are certainly plenty of well qualified women available.

FinTech on the Block is Bringing Fintech leaders together


FinTech on the Block (FTOB) Conference and TokenExpo is a two-day event that assembles the leading Finance, FinTech and Blockchain players as well as private and institutional investors. We are proud to host Sam Cassatt (Chief Strategy Officer at ConsenSys), Jeff Thomas (Vice President of Nasdaq‘s Listing Services), Tim Draper(Founder of Draper Associates), Kaushalya Somasundaram (Head of Fintech Partnerships at HSBC) are among our speakers.

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The event will take place on November 27-28 at the historic Hibernia Bank building in San Francisco and will bond over 1500 delegates and 80 speakers that make up the foundation of the fintech and blockchain ecosystems.

The Forum will feature panel discussions, networking sessions, workshops and a VIP party. There also will be an EXPO with the latest fintech developments.

During the two-day event, venture capitalists, leading fintech startups and top-10 banks representatives will be discussing the evolution and future of money, adoption of blockchain in finance, cybersecurity, regulation in the Fintech and Blockchain industries and other emerging trends that are disrupting traditional banking and financial industry.

Bitcoin Chaser readers are welcome to a 15% discount on tickets for the event when using this link:

#DLD19 Conference in January 19-21, 2019 - @dldconference - cannot register on your website for the conference all day today((

Hello there!

We are happy to share highlights from the 2nd day of @ftob2018!

We’ll remember those moments and heated discussions for a long time, however the link with photos will be available only for a week - save your favorites and share #FTOB2018!
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Get a look to remember how great it was and feel free to share throughout your networks as well!

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FTOB2018 is over — THANK YOU!

Thank you for coming to our event, thank you for watching live-stream and thank you for staying tuned!
Thanks to all contributors that made #FTOB2018 such a great event!

All photos and videos will be available soon — please stay tuned! ❤️
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