money2020 2015 day two highlights

A ‘not another presentation’ presentation

@sammaule 28 October 2015

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NFC was ‘Not For Commerce’

until Apple committed.

‘Now For Convenience’.

- @Chris_Skinner

Accenture survey says more people use digital currency (bitcoin)

than Apple Pay.

- @gilluria

As soon as you have a Chief Innovation Officer, you’re in trouble.

- Josh Reich, Chief Innovation Officer at Simple (j/k Josh…)

Any company that is not sharing their data is doomed.

- Osama Bedier, Poynt

It is expensive to be poor. Access to structured financial services helps to improve lives.

- The Gates Roundtable

Stop calling the #mobilepay game in the 2nd inning. We are just getting started.

- Aunkur Arya, Braintree

In India, 400M people borrowed money last year, only 1 out of 7 from a formal lender.

- Arjuna Costa, Omidyar Network

Half the people in Hong Kong live above the 16th floor.

- Rosemary Feenan, JLL

So much that's wrong with banking is that

banking is not instant.

- Mike Boush, Discover

60% of people in the US, the most affluent country in the world, live paycheck to paycheck.

- Dan Schulman, PayPal

We have a moral obligation to make a difference in financial services.

- Dan Schulman, PayPal

People don't really care about technology. They care about trust.

- Dan Schulman, PayPal

It’s feeling a little ‘trough-y’ (today’s fintech market).

- Matt Harris, Bain Capital

We too often forget technology is a means, not an end

- Dan Schulman, PayPal

I'm pushing PayPal to reimagine who we are as a company.

We are not just a button

on a website.

- Dan Schulman, PayPal

1/3 of global economy out of India is on the PayPal platform (300k businesses).

- Dan Schulman, PayPal

Lots of people ask "when will X happen?" Look, there's only one arbiter in this:

the consumer.

- Ed McLaughlin, MasterCard

We've now exceeded $1 billion invested in bitcoin and blockchain start-ups.

- @Chris_Skinner

Blockchains are going to change the entire landscape of fintech.

- Robert Greifeld, NASDAQ

80% of Kabbage customers bank with the top 10 banks yet many of those banks won't lend to them.

- Rob Frohwein, Kabbage

Whose wallet is it? No one cares outside of this conference.

- @waupsh

Walking through these casinos is so depressing... If you really just need to gamble, invest in a fintech startup.

- @jaxonklein