Silicon Valley Innovation Center<\/strong><\/a>\u00a0helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a\u00a0fintech\u00a0executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and\u00a0interacting with startups<\/strong>\u00a0like the ones mentioned in this article. Through this immersive experience, executives will also gain\u00a0deep insights<\/strong>\u00a0into how\u00a0partnering with Silicon Valley startups<\/strong>\u00a0can be a\u00a0game-changer<\/strong>\u00a0for their businesses.<\/p>\n\n\n\n
Silicon Valley Innovation Center<\/strong><\/a>\u00a0helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a\u00a0fintech\u00a0executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and\u00a0interacting with startups<\/strong>\u00a0like the ones mentioned in this article. Through this immersive experience, executives will also gain\u00a0deep insights<\/strong>\u00a0into how\u00a0partnering with Silicon Valley startups<\/strong>\u00a0can be a\u00a0game-changer<\/strong>\u00a0for their businesses.<\/p>\n\n\n\n
An in-person meeting with Intuit and workshops on design thinking and corporate innovation with SVIC seek to empower program participants to translate what they learn while in Silicon Valley into actionable steps for realizing digital transformation at their own organizations. These sessions ensure executives leave the program with concrete takeaways which they can apply immediately to advance innovation at home and keep pace with the fast-moving world of fintech.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a>\u00a0helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a\u00a0fintech\u00a0executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and\u00a0interacting with startups<\/strong>\u00a0like the ones mentioned in this article. Through this immersive experience, executives will also gain\u00a0deep insights<\/strong>\u00a0into how\u00a0partnering with Silicon Valley startups<\/strong>\u00a0can be a\u00a0game-changer<\/strong>\u00a0for their businesses.<\/p>\n\n\n\n
Day three of Navigating Fintech Disruption executive immersion program joins digital transformation theory with practice. Through meetings with IdentityMind and Jumio, executives on the program see how emerging technologies like artificial intelligence are being deployed to build platforms which can ensure security and eliminate fraud. These two challenges are among the toughest facing the banking and finance industry and yet are essential to get right to ensure the smooth functioning of the digital finance ecosystem for consumers and businesses alike.<\/p>\n\n\n\n An in-person meeting with Intuit and workshops on design thinking and corporate innovation with SVIC seek to empower program participants to translate what they learn while in Silicon Valley into actionable steps for realizing digital transformation at their own organizations. These sessions ensure executives leave the program with concrete takeaways which they can apply immediately to advance innovation at home and keep pace with the fast-moving world of fintech.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a>\u00a0helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a\u00a0fintech\u00a0executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and\u00a0interacting with startups<\/strong>\u00a0like the ones mentioned in this article. Through this immersive experience, executives will also gain\u00a0deep insights<\/strong>\u00a0into how\u00a0partnering with Silicon Valley startups<\/strong>\u00a0can be a\u00a0game-changer<\/strong>\u00a0for their businesses.<\/p>\n\n\n\n
Day three of Navigating Fintech Disruption executive immersion program joins digital transformation theory with practice. Through meetings with IdentityMind and Jumio, executives on the program see how emerging technologies like artificial intelligence are being deployed to build platforms which can ensure security and eliminate fraud. These two challenges are among the toughest facing the banking and finance industry and yet are essential to get right to ensure the smooth functioning of the digital finance ecosystem for consumers and businesses alike.<\/p>\n\n\n\n An in-person meeting with Intuit and workshops on design thinking and corporate innovation with SVIC seek to empower program participants to translate what they learn while in Silicon Valley into actionable steps for realizing digital transformation at their own organizations. These sessions ensure executives leave the program with concrete takeaways which they can apply immediately to advance innovation at home and keep pace with the fast-moving world of fintech.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a>\u00a0helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a\u00a0fintech\u00a0executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and\u00a0interacting with startups<\/strong>\u00a0like the ones mentioned in this article. Through this immersive experience, executives will also gain\u00a0deep insights<\/strong>\u00a0into how\u00a0partnering with Silicon Valley startups<\/strong>\u00a0can be a\u00a0game-changer<\/strong>\u00a0for their businesses.<\/p>\n\n\n\n
Navigating Fintech Disruption program participants have the chance to hear the insider\u2019s perspective on the Intuit story. They study Intuit\u2019s successes and missteps and are able to use those learnings to build a blueprint for their own organization\u2019s digital transformation.<\/p>\n\n\n\n Day three of Navigating Fintech Disruption executive immersion program joins digital transformation theory with practice. Through meetings with IdentityMind and Jumio, executives on the program see how emerging technologies like artificial intelligence are being deployed to build platforms which can ensure security and eliminate fraud. These two challenges are among the toughest facing the banking and finance industry and yet are essential to get right to ensure the smooth functioning of the digital finance ecosystem for consumers and businesses alike.<\/p>\n\n\n\n An in-person meeting with Intuit and workshops on design thinking and corporate innovation with SVIC seek to empower program participants to translate what they learn while in Silicon Valley into actionable steps for realizing digital transformation at their own organizations. These sessions ensure executives leave the program with concrete takeaways which they can apply immediately to advance innovation at home and keep pace with the fast-moving world of fintech.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a>\u00a0helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a\u00a0fintech\u00a0executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and\u00a0interacting with startups<\/strong>\u00a0like the ones mentioned in this article. Through this immersive experience, executives will also gain\u00a0deep insights<\/strong>\u00a0into how\u00a0partnering with Silicon Valley startups<\/strong>\u00a0can be a\u00a0game-changer<\/strong>\u00a0for their businesses.<\/p>\n\n\n\n
\u201cIt took intestinal fortitude. We had to reshape our portfolio, we divested businesses that we loved including the original product that started the company, Quicken, and we leaned into the cloud,\u201d is how Intuit CEO Brad Smith describes the digital transformation journey the company has been on since 2010.<\/p>\n\n\n\n Navigating Fintech Disruption program participants have the chance to hear the insider\u2019s perspective on the Intuit story. They study Intuit\u2019s successes and missteps and are able to use those learnings to build a blueprint for their own organization\u2019s digital transformation.<\/p>\n\n\n\n Day three of Navigating Fintech Disruption executive immersion program joins digital transformation theory with practice. Through meetings with IdentityMind and Jumio, executives on the program see how emerging technologies like artificial intelligence are being deployed to build platforms which can ensure security and eliminate fraud. These two challenges are among the toughest facing the banking and finance industry and yet are essential to get right to ensure the smooth functioning of the digital finance ecosystem for consumers and businesses alike.<\/p>\n\n\n\n An in-person meeting with Intuit and workshops on design thinking and corporate innovation with SVIC seek to empower program participants to translate what they learn while in Silicon Valley into actionable steps for realizing digital transformation at their own organizations. These sessions ensure executives leave the program with concrete takeaways which they can apply immediately to advance innovation at home and keep pace with the fast-moving world of fintech.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a>\u00a0helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a\u00a0fintech\u00a0executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and\u00a0interacting with startups<\/strong>\u00a0like the ones mentioned in this article. Through this immersive experience, executives will also gain\u00a0deep insights<\/strong>\u00a0into how\u00a0partnering with Silicon Valley startups<\/strong>\u00a0can be a\u00a0game-changer<\/strong>\u00a0for their businesses.<\/p>\n\n\n\n
On day three of Navigating Fintech Disruption we educate executives in how to approach this task through a meeting with Intuit. A company that specializes in financial, accounting and tax applications, Intuit was once a provider of desktop software. Today it is a mobile-first, cloud-based platform and service provider.<\/p>\n\n\n\n \u201cIt took intestinal fortitude. We had to reshape our portfolio, we divested businesses that we loved including the original product that started the company, Quicken, and we leaned into the cloud,\u201d is how Intuit CEO Brad Smith describes the digital transformation journey the company has been on since 2010.<\/p>\n\n\n\n Navigating Fintech Disruption program participants have the chance to hear the insider\u2019s perspective on the Intuit story. They study Intuit\u2019s successes and missteps and are able to use those learnings to build a blueprint for their own organization\u2019s digital transformation.<\/p>\n\n\n\n Day three of Navigating Fintech Disruption executive immersion program joins digital transformation theory with practice. Through meetings with IdentityMind and Jumio, executives on the program see how emerging technologies like artificial intelligence are being deployed to build platforms which can ensure security and eliminate fraud. These two challenges are among the toughest facing the banking and finance industry and yet are essential to get right to ensure the smooth functioning of the digital finance ecosystem for consumers and businesses alike.<\/p>\n\n\n\n An in-person meeting with Intuit and workshops on design thinking and corporate innovation with SVIC seek to empower program participants to translate what they learn while in Silicon Valley into actionable steps for realizing digital transformation at their own organizations. These sessions ensure executives leave the program with concrete takeaways which they can apply immediately to advance innovation at home and keep pace with the fast-moving world of fintech.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a>\u00a0helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a\u00a0fintech\u00a0executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and\u00a0interacting with startups<\/strong>\u00a0like the ones mentioned in this article. Through this immersive experience, executives will also gain\u00a0deep insights<\/strong>\u00a0into how\u00a0partnering with Silicon Valley startups<\/strong>\u00a0can be a\u00a0game-changer<\/strong>\u00a0for their businesses.<\/p>\n\n\n\n
When it comes to digitizing the operations of a bank or financial institution, being aware of the existence of tools like those offered by IdentityMind and Jumio is a good first step. But the real work begins when it comes to trying to integrate such innovative technologies into existing systems or use them to replace existing systems entirely.<\/p>\n\n\n\n On day three of Navigating Fintech Disruption we educate executives in how to approach this task through a meeting with Intuit. A company that specializes in financial, accounting and tax applications, Intuit was once a provider of desktop software. Today it is a mobile-first, cloud-based platform and service provider.<\/p>\n\n\n\n \u201cIt took intestinal fortitude. We had to reshape our portfolio, we divested businesses that we loved including the original product that started the company, Quicken, and we leaned into the cloud,\u201d is how Intuit CEO Brad Smith describes the digital transformation journey the company has been on since 2010.<\/p>\n\n\n\n Navigating Fintech Disruption program participants have the chance to hear the insider\u2019s perspective on the Intuit story. They study Intuit\u2019s successes and missteps and are able to use those learnings to build a blueprint for their own organization\u2019s digital transformation.<\/p>\n\n\n\n Day three of Navigating Fintech Disruption executive immersion program joins digital transformation theory with practice. Through meetings with IdentityMind and Jumio, executives on the program see how emerging technologies like artificial intelligence are being deployed to build platforms which can ensure security and eliminate fraud. These two challenges are among the toughest facing the banking and finance industry and yet are essential to get right to ensure the smooth functioning of the digital finance ecosystem for consumers and businesses alike.<\/p>\n\n\n\n An in-person meeting with Intuit and workshops on design thinking and corporate innovation with SVIC seek to empower program participants to translate what they learn while in Silicon Valley into actionable steps for realizing digital transformation at their own organizations. These sessions ensure executives leave the program with concrete takeaways which they can apply immediately to advance innovation at home and keep pace with the fast-moving world of fintech.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a>\u00a0helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a\u00a0fintech\u00a0executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and\u00a0interacting with startups<\/strong>\u00a0like the ones mentioned in this article. Through this immersive experience, executives will also gain\u00a0deep insights<\/strong>\u00a0into how\u00a0partnering with Silicon Valley startups<\/strong>\u00a0can be a\u00a0game-changer<\/strong>\u00a0for their businesses.<\/p>\n\n\n\n
When it comes to digitizing the operations of a bank or financial institution, being aware of the existence of tools like those offered by IdentityMind and Jumio is a good first step. But the real work begins when it comes to trying to integrate such innovative technologies into existing systems or use them to replace existing systems entirely.<\/p>\n\n\n\n On day three of Navigating Fintech Disruption we educate executives in how to approach this task through a meeting with Intuit. A company that specializes in financial, accounting and tax applications, Intuit was once a provider of desktop software. Today it is a mobile-first, cloud-based platform and service provider.<\/p>\n\n\n\n \u201cIt took intestinal fortitude. We had to reshape our portfolio, we divested businesses that we loved including the original product that started the company, Quicken, and we leaned into the cloud,\u201d is how Intuit CEO Brad Smith describes the digital transformation journey the company has been on since 2010.<\/p>\n\n\n\n Navigating Fintech Disruption program participants have the chance to hear the insider\u2019s perspective on the Intuit story. They study Intuit\u2019s successes and missteps and are able to use those learnings to build a blueprint for their own organization\u2019s digital transformation.<\/p>\n\n\n\n Day three of Navigating Fintech Disruption executive immersion program joins digital transformation theory with practice. Through meetings with IdentityMind and Jumio, executives on the program see how emerging technologies like artificial intelligence are being deployed to build platforms which can ensure security and eliminate fraud. These two challenges are among the toughest facing the banking and finance industry and yet are essential to get right to ensure the smooth functioning of the digital finance ecosystem for consumers and businesses alike.<\/p>\n\n\n\n An in-person meeting with Intuit and workshops on design thinking and corporate innovation with SVIC seek to empower program participants to translate what they learn while in Silicon Valley into actionable steps for realizing digital transformation at their own organizations. These sessions ensure executives leave the program with concrete takeaways which they can apply immediately to advance innovation at home and keep pace with the fast-moving world of fintech.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a>\u00a0helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a\u00a0fintech\u00a0executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and\u00a0interacting with startups<\/strong>\u00a0like the ones mentioned in this article. Through this immersive experience, executives will also gain\u00a0deep insights<\/strong>\u00a0into how\u00a0partnering with Silicon Valley startups<\/strong>\u00a0can be a\u00a0game-changer<\/strong>\u00a0for their businesses.<\/p>\n\n\n\n
During the third day of the Navigating Fintech Disruption program participants hear from Jumio on the state of fraud detection today and learn about the solutions offered by the company in the real-time identity verification space.<\/p>\n\n\n\n Jumio is among the fintechs building the tools to combat this growing problem. Its AI-powered system uses ID scans, real-time selfies and document reading to determine if users are who they say they are. Use cases of Jumio\u2019s platform include fraud detection, know-your-customer compliance and user onboarding.<\/p>\n\n\n\n During the third day of the Navigating Fintech Disruption program participants hear from Jumio on the state of fraud detection today and learn about the solutions offered by the company in the real-time identity verification space.<\/p>\n\n\n\n The extent of the challenge when it comes to tackling fraud is well illustrated by a 2018 report on the subject from research advisory firm Javelin. According to the firm\u2019s findings, 16.7 million Americans were victims of identity fraud in 2017, a record high. The majority of the illicit activity took place on the web, with fraudsters increasingly targeting online channels with ever-more complex and stealthy schemes.<\/p>\n\n\n\n Jumio is among the fintechs building the tools to combat this growing problem. Its AI-powered system uses ID scans, real-time selfies and document reading to determine if users are who they say they are. Use cases of Jumio\u2019s platform include fraud detection, know-your-customer compliance and user onboarding.<\/p>\n\n\n\n During the third day of the Navigating Fintech Disruption program participants hear from Jumio on the state of fraud detection today and learn about the solutions offered by the company in the real-time identity verification space.<\/p>\n\n\n\n The extent of the challenge when it comes to tackling fraud is well illustrated by a 2018 report on the subject from research advisory firm Javelin. According to the firm\u2019s findings, 16.7 million Americans were victims of identity fraud in 2017, a record high. The majority of the illicit activity took place on the web, with fraudsters increasingly targeting online channels with ever-more complex and stealthy schemes.<\/p>\n\n\n\n Jumio is among the fintechs building the tools to combat this growing problem. Its AI-powered system uses ID scans, real-time selfies and document reading to determine if users are who they say they are. Use cases of Jumio\u2019s platform include fraud detection, know-your-customer compliance and user onboarding.<\/p>\n\n\n\n During the third day of the Navigating Fintech Disruption program participants hear from Jumio on the state of fraud detection today and learn about the solutions offered by the company in the real-time identity verification space.<\/p>\n\n\n\n The session at IdentityMind gives executives on the Navigating Fintech Disruption Program first-hand knowledge on the latest problems and solutions emerging today in cybersecurity.<\/p>\n\n\n\n The extent of the challenge when it comes to tackling fraud is well illustrated by a 2018 report on the subject from research advisory firm Javelin. According to the firm\u2019s findings, 16.7 million Americans were victims of identity fraud in 2017, a record high. The majority of the illicit activity took place on the web, with fraudsters increasingly targeting online channels with ever-more complex and stealthy schemes.<\/p>\n\n\n\n Jumio is among the fintechs building the tools to combat this growing problem. Its AI-powered system uses ID scans, real-time selfies and document reading to determine if users are who they say they are. Use cases of Jumio\u2019s platform include fraud detection, know-your-customer compliance and user onboarding.<\/p>\n\n\n\n During the third day of the Navigating Fintech Disruption program participants hear from Jumio on the state of fraud detection today and learn about the solutions offered by the company in the real-time identity verification space.<\/p>\n\n\n\n \u201cExisting solutions today, legacy-based systems, they result in high false positives which results in higher costs, more time, more effort spent on reviewing those alerts,\u201d says Faisal Nisar, director of product at IdentityMind. \u201cLegacy-based solutions do not work in today\u2019s environment,\u201d<\/p>\n\n\n\n The session at IdentityMind gives executives on the Navigating Fintech Disruption Program first-hand knowledge on the latest problems and solutions emerging today in cybersecurity.<\/p>\n\n\n\n The extent of the challenge when it comes to tackling fraud is well illustrated by a 2018 report on the subject from research advisory firm Javelin. According to the firm\u2019s findings, 16.7 million Americans were victims of identity fraud in 2017, a record high. The majority of the illicit activity took place on the web, with fraudsters increasingly targeting online channels with ever-more complex and stealthy schemes.<\/p>\n\n\n\n Jumio is among the fintechs building the tools to combat this growing problem. Its AI-powered system uses ID scans, real-time selfies and document reading to determine if users are who they say they are. Use cases of Jumio\u2019s platform include fraud detection, know-your-customer compliance and user onboarding.<\/p>\n\n\n\n During the third day of the Navigating Fintech Disruption program participants hear from Jumio on the state of fraud detection today and learn about the solutions offered by the company in the real-time identity verification space.<\/p>\n\n\n\n At the heart of IdentityMind\u2019s offering is digital identity verification delivered via a software-as-a-service platform which utilizes automation and machine learning. The platform draws upon a long list of resources including biometrics, social media and IP geolocation to verify the identity of a company\u2019s customers or users. Not only does this give a company confidence in who they are dealing with, it eliminates the need for costly manual oversight and reduces errors.<\/p>\n\n\n\n \u201cExisting solutions today, legacy-based systems, they result in high false positives which results in higher costs, more time, more effort spent on reviewing those alerts,\u201d says Faisal Nisar, director of product at IdentityMind. \u201cLegacy-based solutions do not work in today\u2019s environment,\u201d<\/p>\n\n\n\n The session at IdentityMind gives executives on the Navigating Fintech Disruption Program first-hand knowledge on the latest problems and solutions emerging today in cybersecurity.<\/p>\n\n\n\n The extent of the challenge when it comes to tackling fraud is well illustrated by a 2018 report on the subject from research advisory firm Javelin. According to the firm\u2019s findings, 16.7 million Americans were victims of identity fraud in 2017, a record high. The majority of the illicit activity took place on the web, with fraudsters increasingly targeting online channels with ever-more complex and stealthy schemes.<\/p>\n\n\n\n Jumio is among the fintechs building the tools to combat this growing problem. Its AI-powered system uses ID scans, real-time selfies and document reading to determine if users are who they say they are. Use cases of Jumio\u2019s platform include fraud detection, know-your-customer compliance and user onboarding.<\/p>\n\n\n\n During the third day of the Navigating Fintech Disruption program participants hear from Jumio on the state of fraud detection today and learn about the solutions offered by the company in the real-time identity verification space.<\/p>\n\n\n\n Helping enterprises meet these challenges are fintech companies like IdentityMind. During day three of the Navigating Fintech Disruption program we introduce executives to IdentityMind so that they can learn more about how established financial services firms can innovate in the areas of cybersecurity and fraud prevention.<\/p>\n\n\n\n At the heart of IdentityMind\u2019s offering is digital identity verification delivered via a software-as-a-service platform which utilizes automation and machine learning. The platform draws upon a long list of resources including biometrics, social media and IP geolocation to verify the identity of a company\u2019s customers or users. Not only does this give a company confidence in who they are dealing with, it eliminates the need for costly manual oversight and reduces errors.<\/p>\n\n\n\n \u201cExisting solutions today, legacy-based systems, they result in high false positives which results in higher costs, more time, more effort spent on reviewing those alerts,\u201d says Faisal Nisar, director of product at IdentityMind. \u201cLegacy-based solutions do not work in today\u2019s environment,\u201d<\/p>\n\n\n\n The session at IdentityMind gives executives on the Navigating Fintech Disruption Program first-hand knowledge on the latest problems and solutions emerging today in cybersecurity.<\/p>\n\n\n\n The extent of the challenge when it comes to tackling fraud is well illustrated by a 2018 report on the subject from research advisory firm Javelin. According to the firm\u2019s findings, 16.7 million Americans were victims of identity fraud in 2017, a record high. The majority of the illicit activity took place on the web, with fraudsters increasingly targeting online channels with ever-more complex and stealthy schemes.<\/p>\n\n\n\n Jumio is among the fintechs building the tools to combat this growing problem. Its AI-powered system uses ID scans, real-time selfies and document reading to determine if users are who they say they are. Use cases of Jumio\u2019s platform include fraud detection, know-your-customer compliance and user onboarding.<\/p>\n\n\n\n During the third day of the Navigating Fintech Disruption program participants hear from Jumio on the state of fraud detection today and learn about the solutions offered by the company in the real-time identity verification space.<\/p>\n\n\n\n Most financial organizations already have infrastructure in place to tackle these issues. But these legacy systems are starting to creak under the strain of keeping up with the fast pace of digital. As the level of sophistication of what we can do with our money online grows, so do the threats to security and the likelihood of fraud.<\/p>\n\n\n\n Helping enterprises meet these challenges are fintech companies like IdentityMind. During day three of the Navigating Fintech Disruption program we introduce executives to IdentityMind so that they can learn more about how established financial services firms can innovate in the areas of cybersecurity and fraud prevention.<\/p>\n\n\n\n At the heart of IdentityMind\u2019s offering is digital identity verification delivered via a software-as-a-service platform which utilizes automation and machine learning. The platform draws upon a long list of resources including biometrics, social media and IP geolocation to verify the identity of a company\u2019s customers or users. Not only does this give a company confidence in who they are dealing with, it eliminates the need for costly manual oversight and reduces errors.<\/p>\n\n\n\n \u201cExisting solutions today, legacy-based systems, they result in high false positives which results in higher costs, more time, more effort spent on reviewing those alerts,\u201d says Faisal Nisar, director of product at IdentityMind. \u201cLegacy-based solutions do not work in today\u2019s environment,\u201d<\/p>\n\n\n\n The session at IdentityMind gives executives on the Navigating Fintech Disruption Program first-hand knowledge on the latest problems and solutions emerging today in cybersecurity.<\/p>\n\n\n\n The extent of the challenge when it comes to tackling fraud is well illustrated by a 2018 report on the subject from research advisory firm Javelin. According to the firm\u2019s findings, 16.7 million Americans were victims of identity fraud in 2017, a record high. The majority of the illicit activity took place on the web, with fraudsters increasingly targeting online channels with ever-more complex and stealthy schemes.<\/p>\n\n\n\n Jumio is among the fintechs building the tools to combat this growing problem. Its AI-powered system uses ID scans, real-time selfies and document reading to determine if users are who they say they are. Use cases of Jumio\u2019s platform include fraud detection, know-your-customer compliance and user onboarding.<\/p>\n\n\n\n During the third day of the Navigating Fintech Disruption program participants hear from Jumio on the state of fraud detection today and learn about the solutions offered by the company in the real-time identity verification space.<\/p>\n\n\n\n Any company that today offers products or services online will eventually come up against the question: do you know who you are doing business with? This query is even more critical in industries like banking and financial services given the sensitivity of the data in play and the need to satisfy a growing body of regulation on fighting money laundering and fraud.<\/p>\n\n\n\n Most financial organizations already have infrastructure in place to tackle these issues. But these legacy systems are starting to creak under the strain of keeping up with the fast pace of digital. As the level of sophistication of what we can do with our money online grows, so do the threats to security and the likelihood of fraud.<\/p>\n\n\n\n Helping enterprises meet these challenges are fintech companies like IdentityMind. During day three of the Navigating Fintech Disruption program we introduce executives to IdentityMind so that they can learn more about how established financial services firms can innovate in the areas of cybersecurity and fraud prevention.<\/p>\n\n\n\n At the heart of IdentityMind\u2019s offering is digital identity verification delivered via a software-as-a-service platform which utilizes automation and machine learning. The platform draws upon a long list of resources including biometrics, social media and IP geolocation to verify the identity of a company\u2019s customers or users. Not only does this give a company confidence in who they are dealing with, it eliminates the need for costly manual oversight and reduces errors.<\/p>\n\n\n\n \u201cExisting solutions today, legacy-based systems, they result in high false positives which results in higher costs, more time, more effort spent on reviewing those alerts,\u201d says Faisal Nisar, director of product at IdentityMind. \u201cLegacy-based solutions do not work in today\u2019s environment,\u201d<\/p>\n\n\n\n The session at IdentityMind gives executives on the Navigating Fintech Disruption Program first-hand knowledge on the latest problems and solutions emerging today in cybersecurity.<\/p>\n\n\n\n The extent of the challenge when it comes to tackling fraud is well illustrated by a 2018 report on the subject from research advisory firm Javelin. According to the firm\u2019s findings, 16.7 million Americans were victims of identity fraud in 2017, a record high. The majority of the illicit activity took place on the web, with fraudsters increasingly targeting online channels with ever-more complex and stealthy schemes.<\/p>\n\n\n\n Jumio is among the fintechs building the tools to combat this growing problem. Its AI-powered system uses ID scans, real-time selfies and document reading to determine if users are who they say they are. Use cases of Jumio\u2019s platform include fraud detection, know-your-customer compliance and user onboarding.<\/p>\n\n\n\n During the third day of the Navigating Fintech Disruption program participants hear from Jumio on the state of fraud detection today and learn about the solutions offered by the company in the real-time identity verification space.<\/p>\n\n\n\n Any company that today offers products or services online will eventually come up against the question: do you know who you are doing business with? This query is even more critical in industries like banking and financial services given the sensitivity of the data in play and the need to satisfy a growing body of regulation on fighting money laundering and fraud.<\/p>\n\n\n\n Most financial organizations already have infrastructure in place to tackle these issues. But these legacy systems are starting to creak under the strain of keeping up with the fast pace of digital. As the level of sophistication of what we can do with our money online grows, so do the threats to security and the likelihood of fraud.<\/p>\n\n\n\n Helping enterprises meet these challenges are fintech companies like IdentityMind. During day three of the Navigating Fintech Disruption program we introduce executives to IdentityMind so that they can learn more about how established financial services firms can innovate in the areas of cybersecurity and fraud prevention.<\/p>\n\n\n\n At the heart of IdentityMind\u2019s offering is digital identity verification delivered via a software-as-a-service platform which utilizes automation and machine learning. The platform draws upon a long list of resources including biometrics, social media and IP geolocation to verify the identity of a company\u2019s customers or users. Not only does this give a company confidence in who they are dealing with, it eliminates the need for costly manual oversight and reduces errors.<\/p>\n\n\n\n \u201cExisting solutions today, legacy-based systems, they result in high false positives which results in higher costs, more time, more effort spent on reviewing those alerts,\u201d says Faisal Nisar, director of product at IdentityMind. \u201cLegacy-based solutions do not work in today\u2019s environment,\u201d<\/p>\n\n\n\n The session at IdentityMind gives executives on the Navigating Fintech Disruption Program first-hand knowledge on the latest problems and solutions emerging today in cybersecurity.<\/p>\n\n\n\n The extent of the challenge when it comes to tackling fraud is well illustrated by a 2018 report on the subject from research advisory firm Javelin. According to the firm\u2019s findings, 16.7 million Americans were victims of identity fraud in 2017, a record high. The majority of the illicit activity took place on the web, with fraudsters increasingly targeting online channels with ever-more complex and stealthy schemes.<\/p>\n\n\n\n Jumio is among the fintechs building the tools to combat this growing problem. Its AI-powered system uses ID scans, real-time selfies and document reading to determine if users are who they say they are. Use cases of Jumio\u2019s platform include fraud detection, know-your-customer compliance and user onboarding.<\/p>\n\n\n\n During the third day of the Navigating Fintech Disruption program participants hear from Jumio on the state of fraud detection today and learn about the solutions offered by the company in the real-time identity verification space.<\/p>\n\n\n\n The third day of SVIC\u2019s Navigating Fintech Disruption program<\/a> is dedicated to two themes which are today at the top of every financial institution\u2019s agenda: cybersecurity and digital transformation. In this article we provide an overview of the day three schedule, which is designed to give financial services executives an insider's perspective on areas such as digital identity management, regtech and corporate transformation. This is achieved through sessions with digital leaders like Jumio and IdentityMind Global coupled with a personal meeting with Intuit, a company that has undergone a significant digital transformation since its days as a legacy software developer. The day is rounded off by workshops led by SVIC on design thinking and corporate innovation, where program participants are challenged to apply new approaches to problem solving and put what they have learned into practice to the benefit of their own organization.<\/p>\n\n\n\n Any company that today offers products or services online will eventually come up against the question: do you know who you are doing business with? This query is even more critical in industries like banking and financial services given the sensitivity of the data in play and the need to satisfy a growing body of regulation on fighting money laundering and fraud.<\/p>\n\n\n\n Most financial organizations already have infrastructure in place to tackle these issues. But these legacy systems are starting to creak under the strain of keeping up with the fast pace of digital. As the level of sophistication of what we can do with our money online grows, so do the threats to security and the likelihood of fraud.<\/p>\n\n\n\n Helping enterprises meet these challenges are fintech companies like IdentityMind. During day three of the Navigating Fintech Disruption program we introduce executives to IdentityMind so that they can learn more about how established financial services firms can innovate in the areas of cybersecurity and fraud prevention.<\/p>\n\n\n\n At the heart of IdentityMind\u2019s offering is digital identity verification delivered via a software-as-a-service platform which utilizes automation and machine learning. The platform draws upon a long list of resources including biometrics, social media and IP geolocation to verify the identity of a company\u2019s customers or users. Not only does this give a company confidence in who they are dealing with, it eliminates the need for costly manual oversight and reduces errors.<\/p>\n\n\n\n \u201cExisting solutions today, legacy-based systems, they result in high false positives which results in higher costs, more time, more effort spent on reviewing those alerts,\u201d says Faisal Nisar, director of product at IdentityMind. \u201cLegacy-based solutions do not work in today\u2019s environment,\u201d<\/p>\n\n\n\n The session at IdentityMind gives executives on the Navigating Fintech Disruption Program first-hand knowledge on the latest problems and solutions emerging today in cybersecurity.<\/p>\n\n\n\n The extent of the challenge when it comes to tackling fraud is well illustrated by a 2018 report on the subject from research advisory firm Javelin. According to the firm\u2019s findings, 16.7 million Americans were victims of identity fraud in 2017, a record high. The majority of the illicit activity took place on the web, with fraudsters increasingly targeting online channels with ever-more complex and stealthy schemes.<\/p>\n\n\n\n Jumio is among the fintechs building the tools to combat this growing problem. Its AI-powered system uses ID scans, real-time selfies and document reading to determine if users are who they say they are. Use cases of Jumio\u2019s platform include fraud detection, know-your-customer compliance and user onboarding.<\/p>\n\n\n\n During the third day of the Navigating Fintech Disruption program participants hear from Jumio on the state of fraud detection today and learn about the solutions offered by the company in the real-time identity verification space.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a> helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a fintech executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and interacting with startups<\/strong> like the ones mentioned in this article. Through this immersive experience, executives will also gain deep insights<\/strong> into how partnering with Silicon Valley startups<\/strong> can be a game-changer<\/strong> for their businesses.<\/p>\n\n\n\n
Silicon Valley Innovation Center<\/strong><\/a> helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a fintech executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and interacting with startups<\/strong> like the ones mentioned in this article. Through this immersive experience, executives will also gain deep insights<\/strong> into how partnering with Silicon Valley startups<\/strong> can be a game-changer<\/strong> for their businesses.<\/p>\n\n\n\n
Challenges undoubtedly remain, with much still to be done across industries and countries to agree upon a unified set of regulations and legal frameworks. Once those rules are in place, the companies working with blockchain now will be best-placed to take advantage of the technology when it becomes as ubiquitous as smartphones and the internet today.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a> helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a fintech executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and interacting with startups<\/strong> like the ones mentioned in this article. Through this immersive experience, executives will also gain deep insights<\/strong> into how partnering with Silicon Valley startups<\/strong> can be a game-changer<\/strong> for their businesses.<\/p>\n\n\n\n
As participants discover on day 4 of the Navigating Fintech Disruption program, blockchain will appear in more and more industries. For now, cryptocurrency is still its most common use case. However, this is changing as experimentation moves to execution in leading areas such as logistics, supply chain, and finance.<\/p>\n\n\n\n Challenges undoubtedly remain, with much still to be done across industries and countries to agree upon a unified set of regulations and legal frameworks. Once those rules are in place, the companies working with blockchain now will be best-placed to take advantage of the technology when it becomes as ubiquitous as smartphones and the internet today.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a> helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a fintech executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and interacting with startups<\/strong> like the ones mentioned in this article. Through this immersive experience, executives will also gain deep insights<\/strong> into how partnering with Silicon Valley startups<\/strong> can be a game-changer<\/strong> for their businesses.<\/p>\n\n\n\n
As participants discover on day 4 of the Navigating Fintech Disruption program, blockchain will appear in more and more industries. For now, cryptocurrency is still its most common use case. However, this is changing as experimentation moves to execution in leading areas such as logistics, supply chain, and finance.<\/p>\n\n\n\n Challenges undoubtedly remain, with much still to be done across industries and countries to agree upon a unified set of regulations and legal frameworks. Once those rules are in place, the companies working with blockchain now will be best-placed to take advantage of the technology when it becomes as ubiquitous as smartphones and the internet today.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a> helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a fintech executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and interacting with startups<\/strong> like the ones mentioned in this article. Through this immersive experience, executives will also gain deep insights<\/strong> into how partnering with Silicon Valley startups<\/strong> can be a game-changer<\/strong> for their businesses.<\/p>\n\n\n\n
Executives dive into this theme with Tradespace, learning through an interactive Q&A session how blockchain\u2019s immutable record-keeping architecture will impact not just creative work, but any industry where an intermediary between parties has traditionally been required to verify transactions. This includes not just banking and finance, but other high-value industries such as real estate and law as well.<\/p>\n\n\n\n As participants discover on day 4 of the Navigating Fintech Disruption program, blockchain will appear in more and more industries. For now, cryptocurrency is still its most common use case. However, this is changing as experimentation moves to execution in leading areas such as logistics, supply chain, and finance.<\/p>\n\n\n\n Challenges undoubtedly remain, with much still to be done across industries and countries to agree upon a unified set of regulations and legal frameworks. Once those rules are in place, the companies working with blockchain now will be best-placed to take advantage of the technology when it becomes as ubiquitous as smartphones and the internet today.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a> helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a fintech executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and interacting with startups<\/strong> like the ones mentioned in this article. Through this immersive experience, executives will also gain deep insights<\/strong> into how partnering with Silicon Valley startups<\/strong> can be a game-changer<\/strong> for their businesses.<\/p>\n\n\n\n
Experiments in this field have already been conducted, with singer Imogen Heap soon to launch a blockchain platform through which artists can release their work. Heap believes the digital ledger technology will help enforce copyright on creative work and bring performers greater revenue. <\/p>\n\n\n\n Executives dive into this theme with Tradespace, learning through an interactive Q&A session how blockchain\u2019s immutable record-keeping architecture will impact not just creative work, but any industry where an intermediary between parties has traditionally been required to verify transactions. This includes not just banking and finance, but other high-value industries such as real estate and law as well.<\/p>\n\n\n\n As participants discover on day 4 of the Navigating Fintech Disruption program, blockchain will appear in more and more industries. For now, cryptocurrency is still its most common use case. However, this is changing as experimentation moves to execution in leading areas such as logistics, supply chain, and finance.<\/p>\n\n\n\n Challenges undoubtedly remain, with much still to be done across industries and countries to agree upon a unified set of regulations and legal frameworks. Once those rules are in place, the companies working with blockchain now will be best-placed to take advantage of the technology when it becomes as ubiquitous as smartphones and the internet today.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a> helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a fintech executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and interacting with startups<\/strong> like the ones mentioned in this article. Through this immersive experience, executives will also gain deep insights<\/strong> into how partnering with Silicon Valley startups<\/strong> can be a game-changer<\/strong> for their businesses.<\/p>\n\n\n\n
The fourth meeting of the day was held with Tradespace, a startup operating a proprietary intellectual property analytics platform. This session is focused on future use cases of blockchain<\/a>, including for intellectual property rights management.<\/p>\n\n\n\n Experiments in this field have already been conducted, with singer Imogen Heap soon to launch a blockchain platform through which artists can release their work. Heap believes the digital ledger technology will help enforce copyright on creative work and bring performers greater revenue. <\/p>\n\n\n\n Executives dive into this theme with Tradespace, learning through an interactive Q&A session how blockchain\u2019s immutable record-keeping architecture will impact not just creative work, but any industry where an intermediary between parties has traditionally been required to verify transactions. This includes not just banking and finance, but other high-value industries such as real estate and law as well.<\/p>\n\n\n\n As participants discover on day 4 of the Navigating Fintech Disruption program, blockchain will appear in more and more industries. For now, cryptocurrency is still its most common use case. However, this is changing as experimentation moves to execution in leading areas such as logistics, supply chain, and finance.<\/p>\n\n\n\n Challenges undoubtedly remain, with much still to be done across industries and countries to agree upon a unified set of regulations and legal frameworks. Once those rules are in place, the companies working with blockchain now will be best-placed to take advantage of the technology when it becomes as ubiquitous as smartphones and the internet today.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a> helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a fintech executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and interacting with startups<\/strong> like the ones mentioned in this article. Through this immersive experience, executives will also gain deep insights<\/strong> into how partnering with Silicon Valley startups<\/strong> can be a game-changer<\/strong> for their businesses.<\/p>\n\n\n\n
The fourth meeting of the day was held with Tradespace, a startup operating a proprietary intellectual property analytics platform. This session is focused on future use cases of blockchain<\/a>, including for intellectual property rights management.<\/p>\n\n\n\n Experiments in this field have already been conducted, with singer Imogen Heap soon to launch a blockchain platform through which artists can release their work. Heap believes the digital ledger technology will help enforce copyright on creative work and bring performers greater revenue. <\/p>\n\n\n\n Executives dive into this theme with Tradespace, learning through an interactive Q&A session how blockchain\u2019s immutable record-keeping architecture will impact not just creative work, but any industry where an intermediary between parties has traditionally been required to verify transactions. This includes not just banking and finance, but other high-value industries such as real estate and law as well.<\/p>\n\n\n\n As participants discover on day 4 of the Navigating Fintech Disruption program, blockchain will appear in more and more industries. For now, cryptocurrency is still its most common use case. However, this is changing as experimentation moves to execution in leading areas such as logistics, supply chain, and finance.<\/p>\n\n\n\n Challenges undoubtedly remain, with much still to be done across industries and countries to agree upon a unified set of regulations and legal frameworks. Once those rules are in place, the companies working with blockchain now will be best-placed to take advantage of the technology when it becomes as ubiquitous as smartphones and the internet today.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a> helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a fintech executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and interacting with startups<\/strong> like the ones mentioned in this article. Through this immersive experience, executives will also gain deep insights<\/strong> into how partnering with Silicon Valley startups<\/strong> can be a game-changer<\/strong> for their businesses.<\/p>\n\n\n\n
\u201cWe have to remember that consumers don\u2019t use these technologies directly,\u201d says Michael Ting, Digital Markets Vice President at Hyperwallet. \u201cWe use products and services that employ those technologies, and those products and services are run by companies and service providers.\u201d<\/p>\n\n\n\n The fourth meeting of the day was held with Tradespace, a startup operating a proprietary intellectual property analytics platform. This session is focused on future use cases of blockchain<\/a>, including for intellectual property rights management.<\/p>\n\n\n\n Experiments in this field have already been conducted, with singer Imogen Heap soon to launch a blockchain platform through which artists can release their work. Heap believes the digital ledger technology will help enforce copyright on creative work and bring performers greater revenue. <\/p>\n\n\n\n Executives dive into this theme with Tradespace, learning through an interactive Q&A session how blockchain\u2019s immutable record-keeping architecture will impact not just creative work, but any industry where an intermediary between parties has traditionally been required to verify transactions. This includes not just banking and finance, but other high-value industries such as real estate and law as well.<\/p>\n\n\n\n As participants discover on day 4 of the Navigating Fintech Disruption program, blockchain will appear in more and more industries. For now, cryptocurrency is still its most common use case. However, this is changing as experimentation moves to execution in leading areas such as logistics, supply chain, and finance.<\/p>\n\n\n\n Challenges undoubtedly remain, with much still to be done across industries and countries to agree upon a unified set of regulations and legal frameworks. Once those rules are in place, the companies working with blockchain now will be best-placed to take advantage of the technology when it becomes as ubiquitous as smartphones and the internet today.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a> helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a fintech executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and interacting with startups<\/strong> like the ones mentioned in this article. Through this immersive experience, executives will also gain deep insights<\/strong> into how partnering with Silicon Valley startups<\/strong> can be a game-changer<\/strong> for their businesses.<\/p>\n\n\n\n
These platforms will simplify the user interface, thus allowing innovative blockchain solutions to flourish. Hyperwallet\u2019s own global payouts platform is rooted in this philosophy. It takes what is a complex process and transforms it into an elegant customer experience.<\/p>\n\n\n\n \u201cWe have to remember that consumers don\u2019t use these technologies directly,\u201d says Michael Ting, Digital Markets Vice President at Hyperwallet. \u201cWe use products and services that employ those technologies, and those products and services are run by companies and service providers.\u201d<\/p>\n\n\n\n The fourth meeting of the day was held with Tradespace, a startup operating a proprietary intellectual property analytics platform. This session is focused on future use cases of blockchain<\/a>, including for intellectual property rights management.<\/p>\n\n\n\n Experiments in this field have already been conducted, with singer Imogen Heap soon to launch a blockchain platform through which artists can release their work. Heap believes the digital ledger technology will help enforce copyright on creative work and bring performers greater revenue. <\/p>\n\n\n\n Executives dive into this theme with Tradespace, learning through an interactive Q&A session how blockchain\u2019s immutable record-keeping architecture will impact not just creative work, but any industry where an intermediary between parties has traditionally been required to verify transactions. This includes not just banking and finance, but other high-value industries such as real estate and law as well.<\/p>\n\n\n\n As participants discover on day 4 of the Navigating Fintech Disruption program, blockchain will appear in more and more industries. For now, cryptocurrency is still its most common use case. However, this is changing as experimentation moves to execution in leading areas such as logistics, supply chain, and finance.<\/p>\n\n\n\n Challenges undoubtedly remain, with much still to be done across industries and countries to agree upon a unified set of regulations and legal frameworks. Once those rules are in place, the companies working with blockchain now will be best-placed to take advantage of the technology when it becomes as ubiquitous as smartphones and the internet today.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a> helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a fintech executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and interacting with startups<\/strong> like the ones mentioned in this article. Through this immersive experience, executives will also gain deep insights<\/strong> into how partnering with Silicon Valley startups<\/strong> can be a game-changer<\/strong> for their businesses.<\/p>\n\n\n\n
Namely, they will take advantage of blockchain as a service platforms provided by big tech firms such as a Amazon, IBM, and Google. It is through this virtual infrastructure that companies from all industries will be able to develop and test their own blockchain applications.<\/p>\n\n\n\n These platforms will simplify the user interface, thus allowing innovative blockchain solutions to flourish. Hyperwallet\u2019s own global payouts platform is rooted in this philosophy. It takes what is a complex process and transforms it into an elegant customer experience.<\/p>\n\n\n\n \u201cWe have to remember that consumers don\u2019t use these technologies directly,\u201d says Michael Ting, Digital Markets Vice President at Hyperwallet. \u201cWe use products and services that employ those technologies, and those products and services are run by companies and service providers.\u201d<\/p>\n\n\n\n The fourth meeting of the day was held with Tradespace, a startup operating a proprietary intellectual property analytics platform. This session is focused on future use cases of blockchain<\/a>, including for intellectual property rights management.<\/p>\n\n\n\n Experiments in this field have already been conducted, with singer Imogen Heap soon to launch a blockchain platform through which artists can release their work. Heap believes the digital ledger technology will help enforce copyright on creative work and bring performers greater revenue. <\/p>\n\n\n\n Executives dive into this theme with Tradespace, learning through an interactive Q&A session how blockchain\u2019s immutable record-keeping architecture will impact not just creative work, but any industry where an intermediary between parties has traditionally been required to verify transactions. This includes not just banking and finance, but other high-value industries such as real estate and law as well.<\/p>\n\n\n\n As participants discover on day 4 of the Navigating Fintech Disruption program, blockchain will appear in more and more industries. For now, cryptocurrency is still its most common use case. However, this is changing as experimentation moves to execution in leading areas such as logistics, supply chain, and finance.<\/p>\n\n\n\n Challenges undoubtedly remain, with much still to be done across industries and countries to agree upon a unified set of regulations and legal frameworks. Once those rules are in place, the companies working with blockchain now will be best-placed to take advantage of the technology when it becomes as ubiquitous as smartphones and the internet today.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a> helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a fintech executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and interacting with startups<\/strong> like the ones mentioned in this article. Through this immersive experience, executives will also gain deep insights<\/strong> into how partnering with Silicon Valley startups<\/strong> can be a game-changer<\/strong> for their businesses.<\/p>\n\n\n\n
An interactive session at HyperWallet, a global payouts platofrm, builds on the learnings at Abra. During a visit to the company, executives gain clarity on how institutions and corporations will implement more blockchain solutions in the future.<\/p>\n\n\n\n Namely, they will take advantage of blockchain as a service platforms provided by big tech firms such as a Amazon, IBM, and Google. It is through this virtual infrastructure that companies from all industries will be able to develop and test their own blockchain applications.<\/p>\n\n\n\n These platforms will simplify the user interface, thus allowing innovative blockchain solutions to flourish. Hyperwallet\u2019s own global payouts platform is rooted in this philosophy. It takes what is a complex process and transforms it into an elegant customer experience.<\/p>\n\n\n\n \u201cWe have to remember that consumers don\u2019t use these technologies directly,\u201d says Michael Ting, Digital Markets Vice President at Hyperwallet. \u201cWe use products and services that employ those technologies, and those products and services are run by companies and service providers.\u201d<\/p>\n\n\n\n The fourth meeting of the day was held with Tradespace, a startup operating a proprietary intellectual property analytics platform. This session is focused on future use cases of blockchain<\/a>, including for intellectual property rights management.<\/p>\n\n\n\n Experiments in this field have already been conducted, with singer Imogen Heap soon to launch a blockchain platform through which artists can release their work. Heap believes the digital ledger technology will help enforce copyright on creative work and bring performers greater revenue. <\/p>\n\n\n\n Executives dive into this theme with Tradespace, learning through an interactive Q&A session how blockchain\u2019s immutable record-keeping architecture will impact not just creative work, but any industry where an intermediary between parties has traditionally been required to verify transactions. This includes not just banking and finance, but other high-value industries such as real estate and law as well.<\/p>\n\n\n\n As participants discover on day 4 of the Navigating Fintech Disruption program, blockchain will appear in more and more industries. For now, cryptocurrency is still its most common use case. However, this is changing as experimentation moves to execution in leading areas such as logistics, supply chain, and finance.<\/p>\n\n\n\n Challenges undoubtedly remain, with much still to be done across industries and countries to agree upon a unified set of regulations and legal frameworks. Once those rules are in place, the companies working with blockchain now will be best-placed to take advantage of the technology when it becomes as ubiquitous as smartphones and the internet today.<\/p>\n\n\n\n Silicon Valley Innovation Center<\/strong><\/a> helps financial sector executives experience and connect with the Silicon Valley fintech startup ecosystem through a fintech executive immersion program<\/strong><\/a>. As Silicon Valley is a hotbed of fintech innovation, company executives will benefit greatly from visiting the innovation hub and interacting with startups<\/strong> like the ones mentioned in this article. Through this immersive experience, executives will also gain deep insights<\/strong> into how partnering with Silicon Valley startups<\/strong> can be a game-changer<\/strong> for their businesses.<\/p>\n\n\n\n
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Experimentation Today, Rewards Tomorrow<\/h4>\n\n\n\n
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