Category: Banking/FinTech

3 Industry Trends from CES

There was a buzz in the air at the Consumer Electronics Show in Las Vegas last week. Both large companies and startups filled the convention centers to show off and demo their new products. After spending a few days walking among the endless booths and talking to some guests and exhibitors three key trends became clear. 1. Vehicles will become connected This trend is best shown by Ford, who highlighted their transformation from being a car manufacturer to a software company developing a system to coordinate autonomous vehicles in city streets. During his keynote address, Ford CEO Jim Hackett announced ... Read more

Number of Mobile Payment Users From 2009-2016 (Infographic)

Mobile Payment usage is on the rise globally, it won’t be long until credit cards are completely digitized.  

Thomson Reuters Discovers AI Use Cases

Thomson Reuters Discovers AI Use Cases Let’s face it. Modern technological advancements have already taken the practical science of artificial intelligence to unseen levels. AI is no longer limited to a robot beating a world chess master. In fact, artificial intelligence is likely to influence modern business trends at a faster pace. New age AI bots can just sift through the humongous amount of big data in a matter of seconds. These developments could potentially affect the future business models by improving the research reports and publishing capabilities. The question is, to what extent does AI tech impact upon the ... Read more

Cryptocurrency Quiz

Test your FinTech skills by taking our 8 question cryptocurrency quiz! Loading…

If Banks Don’t Partner With Startups, They WILL Be Left Behind

Once a year, the board members of the Federal Home Loan Bank get together to talk about how their member banks are performing and ways to improve these businesses. For quite some time, they have been aware of the radical changes technology companies are starting to bring to the banking industry. The fintech sector has received a lot of attention and investment over the last few years, and board members wanted to learn more about what specifically these startups are doing. They asked Silicon Valley Innovation Center to design a custom Silicon Valley immersion program to get insights on the ... Read more

Welcome to Demo of Medici

MEDICI takes this industry contribution to a new level of engagement. It provides a highly curated and contextual backdrop for startups to get on the radar of FinTech focused investors and partners. https://youtube.com/watch?v=9jZOnKpzI8kVideo can’t be loaded: MEDICI Demo SVIC (https://youtube.com/watch?v=9jZOnKpzI8k) https://youtube.com/watch?v=9jZOnKpzI8kVideo can’t be loaded: MEDICI Demo SVIC (https://youtube.com/watch?v=9jZOnKpzI8k)

PRMIA and Silicon Valley Innovation Center Kick Off Thought Leadership Events

PRMIA and Silicon Valley Innovation Center Kick Off Thought Leadership Events About FinTech Disruption of the Financial Services industry. Leading financial sector industry association and experts in innovation team up to provide deep insights into the transformation of the financial services industry. The Professional Risk Managers’ International Association (PRMIA) has entered into a strategic partnership with Silicon Valley Innovation Center (SVIC) to offer thought leadership events designed to increase awareness about ongoing FinTech disruption for the financial services industry. PRMIA is a non-profit, member-led network dedicated to defining and implementing the best practices of risk management in a broad range ... Read more

Why Visit Silicon Valley To Discover How To Navigate FinTech Disruption: July Edition

Executives from top financial institutions from around the world find cutting-edge, innovative ideas and inspiration in Silicon Valley during Navigating FinTech Disruption immersion program. In July 2017 Silicon Valley Innovation Center (SVIC) welcomed a cohort of financial services executives to its 5th Navigating FinTech Disruption immersion executive program. Senior executives from companies such as Alfa Bank, Bradesco Seguros, Payments Canada, Moscow Exchange, Ruoff Home Mortgage, the University of Sydney, and VTB Bank hailing from Brazil, USA, Russia, Australia, and Canada came to Silicon Valley to witness firsthand the next generation technologies and get a glimpse of the future of banking ... Read more

Framework for Banks to Partner with FinTech Companies (video)

  Navigating FinTech disruption is on top of the executive agenda of the traditional Financial Services organizations. FinTech start-ups continue to attract investment with the total invested globally at $3.2 billion in Q1 of 2017 . The growth is fueled by the “growing discontent in traditional banking models, demands for accountability and an increasingly digitally focused customer base” that  has reiterated the core needs for new modes of finance in a the diverse and complex world”, according to Innovation Finance. In this blog we will discuss the framework for banks to establish working partnership relations with the FinTech companies that ... Read more

Silicon Valley Innovation Center – Newsletter- April Edition 

Did you know that 72% CEOs believe that the next 3 years will be more critical for their industry than the last 50 years? Did you know that companies today are 460% more likely to fail within the next 5 years? All due to the incredible advancements of breakthrough technologies, from AI to VR, etc. At Silicon Valley Innovation Center, we help busy executives like yourself distinguish the fads from the truly transformative technologies so that you stay attuned to the latest opportunities. From the SVIC Blog: Our VP of Corporate Innovation, Andy Zhulenev, shares what the coming Fourth Industrial ... Read more