11:FS on tour - Money 20/20 Vegas, Day 1 Roundup

 Sarah Kocianski photo
Sarah Kocianski Head of Competitor Strategy
5min read

Money 20/20 USA has kicked off and the 11:FS team are here on the ground!

Things got up and running yesterday afternoon with sessions on AI, regulation and biometrics. The day was closed by John Hope Bryant who spoke on the need for greater financial education across the world and his organisation Operation Hope's progress. He also sat down with me to talk about Promise Homes, an entity which provides accommodation to the disenfranchised and in so doing helps them build credit scores.

Day two here has also been immense. There was a wealth of great sessions and speakers, with the day rounded off by Sir Richard Branson who told us “You could never be a true entrepreneur without having some things not working out.” Definitely words to remember.

We also held our inaugural F’in Debate, a live debate between two teams of fintech superstars which will be available on the Fintech Insider podcast on Friday this week.

And that's on top of filling our live stream (which you can tune into here) with juicy content and interviews.

As always firms took advantage of the conference to make a tonne of announcements. Here's a round up of some of the most exciting.

  • Finn.ai, the ai-powered virtual, financial assistants announced it had raised a cool $11 million which it will use to build out it's core product to support more banking and personal finance capabilities for its customers which include Bank of Montreal, Commonwealth Bank, and Fidor Bank.
  • Marqeta the card issuing and processing platform has expanded overseas to Europe and is starting with a new office in London.
  • JPMorgan will open a new Fintech Campus in Palo Alto, which will be home to around 1000 employees, in 2020. The new campus will have an "innovation hub" and a working environment designed to appeal to talent that is more used to a start up way of life. (I assume this means ping pong and beer!)

Tomorrow is yet another exciting day here in Sin City. We'll be recording very special edition of the Fintech Insider news show which will be chock full of announcements and special guests, so if you're here don't miss us at 14:40 on the Leadership Loft stage.

If you are at home with FOMO, never fear, because the live stream will be up and running again, and you can catch the live news show on next Monday's episode of Fintech Insider.

That's all folks.