Fintech Week Lithuania | Day 3 - Fintech Week Lithuania
2020-06-17

Fintech Week Lithuania | Day 3

Today, Fintech Week Lithuania hosted the Fintech Pitch battle with judges from Rockit, 70 Ventures, Startup Wise Guys and Baltic Sanbox, who listened to and selected most promising fintech propositions in four categories – Fantastic pivot, winning partnership, growth during crisis and solutions that conquered the new markets.

Winners received several prizes – “Cloud Booster” 5000 USD free AWS service credits, ‘workation week’ at Lighthouse coworking co-living space in Klaipėda, Fast-Track to Startup Wise Guys bootcamp and Fast-Track Warrior to Baltic Sandbox bootcamp. Raison A.I. received AWS credits along with Baltic Sandbox Fast-Track access. Third prize – ‘workation’ week in one of the coolest places in the seaside of Lithuania at Lighthouse co-working and co-living space in Klaipeda, winner is Oval.

The first panel of Fintech Week Lithuania Day three explored what are the most exciting Covid- 19 crisis innovations that will shape the future of fintechs. In general, the panellists agreed that the fintech industry was more ready for the crisis than other industries, especially from customer side- fintech products are digital already. What has changed for fintechs significantly was remote work of the fintechs’ teams, which brought to attention cybersecurity innovation need for secure communication infrastructure.

It was covered that from Anti Money Laundering/Know Your Customer (AML/KYC) point of view, the current environment that we live in is very risky, financial system is abused by organised crime. While we have systems for transaction monitoring, for PEP identifications, there is a lack of knowledge why these systems have been put in place, how should they operate, therefore, they are not efficient. AML/KYC is what differentiates the traditional firms with fintechs. This is what makes fintech a fintech. Like in a bank, you must go to a branch physically to open the account etc., AML/KYC is the essence of fintechs, a ‚King ‘. However, AML/KYC can be a good King or bad King, it can be enabler or the road blocker. Therefore, we should do things in smarter way, be more efficient with resources. Fintechs have great opportunity, because they have all the technology available to them. The question is – how do we use technology to build things that we have never been able to build before.

Sustainable Development Goals can be only be achieved with the help of financial markets – this is what panellists spoke about during the Sustainable Finance panel at the Fintech Week Lithuania. Consumer awareness and interest in sustainable finance is increasing and is expected to do so in the future. What is important to think of is how to measure the impact of green investments. An opportunity for fintechs?

We have concluded that Covid_19 crisis has fast-forwarded the digitalization of our lives, together increasing the cybersecurity risks. Fintech is particularly affected, and cybersecurity should be among the top priorities for companies in this digital world: concluded panellists discussing another important topic during Fintech Week Lithuania.

 

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15 June | USA | GMT +3 /
Time
Topic
Speakers
16:00 - 16:20
WELCOME ADDRESS

Vilius Šapoka, Minister of Finance of the Republic of Lithuania
Žygimantas Vaičiūnas, Minister of Energy, Acting Minister of the Economy and Innovation 

16:20 - 16:30
OPENING

Aurimas Danielius, moderator

16:30 - 16:50
FINTECH, BLOCKCHAIN: INNOVATION, INFRASTRUCTURE AND REGULATION

Pēteris Zilgalvis, Head of Unit, Digital Innovation and Blockchain @ European Commission

16:50 - 17:00
INTERVIEW WITH BANKERA, WINNER OF EUROPEAN COMMISSION #EUVSVIRUS HACKATHON

Vytautas Karalevičius, Co-founder @ Bankera

17:00 - 17:40
THE FUTURE OF FINTECH AFTER THE COVID CRISIS

Chris Skinner, Author, commentator and troublemaker

17:40 - 18:30
CHALLENGERS VS INCUMBENTS: AGILITY AND CUSTOMER ACQUISITION – WHO WON, WHO LOST?

Jean Louis Van Houwe (moderator) Founder & CEO @ Monizze, President of the Board
@ Fintech Belgium

Šarūnas Legeckas, General Manager Greater Europe @ N26

Jeffrey Alberts, Partner @ Pryor Cashman LLP

Mantas Staliūnas, CEO @ Verifo

18:30 - 18:45
INTERVIEW

Linas Beliūnas, Influencer, Country Manager, Europe @ Flutterwave

18:45 - 19:30
PANEL: WHO LEADS INNOVATION: BANKING-AS-A-SERVICE OR CUSTOMER-FACING FINTECHS?

Douglas Mackenzie (moderator) Head Series Producer & Host @ Fintech Finance
Andy Patton
, CCO @ Contis
Benjamin Ensor, Director of Research @ 11:FS
Andrius Bagdonavičius, Managing Director @ Mambu Lithuania
Erika Maslauskaitė, Chief Business Development Officer @ Inventi

19:30 - 20:30
PANEL: ARTIFICIAL INTELLIGENCE IMPLEMENTATIONS ON BLOCKCHAIN. USE CASES AND FUTURE APPLICATIONS

George Papageorgiou (moderator), Independent Bitcoin Researcher
Konstantinos Sgantzos, Theoretical Physicist, Biochemist, Bioinformatics
Ian Grigg, Cryptographer

20:30 - 21:20
OWNING YOUR DATA

Brittany Kaiser, Activist, Founder @ Own Your Data Foundation

16 June | ASIA | GMT +3 /
Time
Topic
Speakers
11:00 - 11:03
OPENING

Aurimas Danielius, moderator

11:03 - 12:00
PANEL: DIGITAL ASSETS AND THE FUTURE OF CAPITAL MARKETS

Oz Sultan (moderator) Chief Information Officer @ PAC Global
Andrius Bartminas, CEO @ Super How?
Stephanie Brennan, CEO @ Evarvest
Dotun Rominiyi, Blockchain & Innovation Strategy @ London Stock Exchange

12:00 - 12:50
PANEL: HAS THE CRISIS HELPED COMPANIES SHIFT FROM BEING PRODUCT-CENTRIC TO CUSTOMER CENTRIC, ARE THEY READY FOR CONSUMER OF 2021?

Nick Price (moderator) CEO & Founder @ Bright Purple, Director @ Primed
Agnė Selemonaitė, Deputy CEO & Board Member @ ConnectPay
Peter Oakes, Board Director @ TransferMate Global Payments & Founder @ Fintech Ireland
Anastasija Oleinika, CEO @ TWINO Group

12:50 - 13:35
PANEL: SME AND MICRO LOANS: ENABLING THE RECOVERY

Dovilė Burgienė (moderator) Co-founder & Managing Partner @ Walless
Jarkko Mäensivu
, CEO @ Saldo Finance
Kęstutis Motiejūnas, CEO @ Invega
Audrius Griškevičius, Head of SME lending @ Finbee
Brian Reaves, CEO @ Factris

13:35 - 14:20
PANEL: PROGRAMMABLE DIGITAL EURO

Dr. Audrius Kabašinskas (moderator) Assoc. Prof. @ KTU, Council Member @ ECMI
Prof. Dr. Philipp Sandner, Head of the Frankfurt School Blockchain Center
Dr. Pavel Kravchenko, CEO & Co-founder @ Distributed Lab

14:20 - 15:20
WORKSHOP | FINTECH TRENDS: WHAT ARE VCS LOOKING AT RIGHT NOW?

Jonė Vaitulevičiūtė, Partner @ Startup Wise Guys

17 June | EUROPE | GMT +3 /
Time
Topic
Speakers
13:00 - 13:05
OPENING

Aurimas Danielius, moderator

13:05 - 14:15
FINTECH PITCH BATTLE
14:25 - 15:20
PANEL: THE MOST EXCITING COVID-19 CRISIS INNOVATIONS THAT WILL SHAPE THE FUTURE OF FINTECHS

Paulius Tarbūnas (moderator) Head of Fintech Lithuania @ Infobalt
Douglas Mackenzie, Head Series Producer & Host @ Fintech Finance
Kęstutis Gardžiulis, Founder & CIO @ Etronika
Vytautas Karalevičius, Co-founder & Chairman of the Board @ Pervesk
Jesper Carvalho Andersen, Chairman @ GREEN EQUITY SGP

15:20 - 15:50
PANEL: AML AND KYC – NEW KING?

Alexandre Pinot (moderator) Founding Member @ ACAMS Baltic Chapter & MLRO & Head of Vilnius Office @ SONECT
Joseph Weinberg, Special Advisor @ OECD & FATF
Federica Taccogna, Senior Managing Director @ FTI Consulting
Steve Hancock, Director & Co-founder @ AML Analytics

15:50 -16:00
REFLECTION ON THE PANEL

Domantas Čiuldė, CEO @ IDenfy

16:00 - 16:50
PANEL: DRIVING THE FUTURE OF SUSTAINABLE FINANCE

Alex Gibb (moderator) Partner @ Katalista Ventures
Dovilė Grigienė, CEO @ Swedbank Lithuania
Keesa Schreane, Senior Executive in Financial Services, Host & Executive Producer @ Refinitiv
Otavio Lopes, Deputy Portfolio Manager @ International Finance Corporation
Jacek Kubas, Associate Director @ EBRD

16:50 - 17:50
PANEL: CYBERSECURITY: INCREASED RISKS IN THE CURRENT ENVIRONMENT

Živilė Nečejauskaitė (moderator) Director of Marketing and Communication @ NRD Cyber Security
May Michelson, Senior Director of Global Sales @ GK8
Malte Pollmann, CSO @ Utimaco
Thomas Kerbl, Team Lead/Principal Security Consultant @ SEC Consult Group
Dr. Rytis Rainys, Director @ National Cyber Security Center of Lithuania

17:50 - 18:35
PANEL: SCALING YOUR FINTECH IN TIME OF CRISIS: MISSION (IM)POSSIBLE?

Ieva Paulauskienė (moderator) Investment Advisor for Fintech @ Invest Lithuania
Nigel Verdon
, CEO @ Railsbank
Sigutė Kuncevičiūtė, CEO @ SumUp EU Payments
Stefano Vaccino, CEO @ Yapily

18 June | USA | GMT +3 /
Time
Topic
Speakers
15:00 - 15:05
OPENING

Aurimas Danielius, moderator

15:05 - 16:15
FINTECH PITCH BATTLE
16:15 - 16:50
PANEL: SURVIVING CRISIS: BEST PRACTISES AND TIPS FOR STARTUPS

Vytautas Černiauskas (moderator) Expert at Civitta/Startup Division
Jean-Baptiste (JB) Daguené
, Partner @ 70Ventures
Tony Greenberg, CEO & Founder @ RampRate

16:50 - 17:40
PANEL: NEW VALUATIONS: FUNDRAISING AND BUSINESS FINANCING DURING AND AFTER COVID-19 CRISIS

Alex Gibb (moderator) Partner at Katalista Ventures
Gytenis Galkis, Partner & Licensed Unicorn Hunter at 70Ventures
Kadeem Clarke, Founder of Clarke Global Marketing
Balder Bomans, CIO @ Maven 11 Capital

17:40 - 17:50
BREAK
17:50 - 18:45
LITHUANIAN FINTECH AWARDS
18:45 - 19:10
HOW LITHUANIA BECAME A MAJOR FINTECH HUB?

Rugilė Stonytė, Senior Investment Advisor for Fintech @ Invest Lithuania

19:10 - 19:55
PANEL: RE-SKILLING & CONTINUOUS EDUCATION FOR DIGITAL AGE

Inga Karulaitytė (moderator) Partner @ ECOVIS ProventusLaw
Shilpa Arora
, AML Director for the EMEA @ ACAMS
Dr. Saulius Masteika, Assoc. Professor of Computational Finance & Chair of Fintech study program @ Vilnius University
Dr. Marius Laurinaitis, Associate Professor @ Mykolas Romeris University
Prof. Marinos Themistocleous, Associate Dean, School of Business, Director Institute For the Future