QUESTIONS

MONEY20

@sammaule 27 October 2015

A ‘not another presentation’ presentation

There is karma for you: my bank turned into a coffee shop.

- Eric Friedman, Expa

#1

Most people are building cars (FinTech products); we are building roads.

- Patrick Collison, Stripe CEO

#2

A lot of blockchain people don't spend enough time thinking about problems that businesses actually have.

- Patrick Collison, Stripe CEO

#3

Financial Services companies are being disrupted because they had the market but disregarded the product.

- Ravi Viswanathan, New Enterprise Associates

#4

Most consumers don't care about security until it affects them. They want a user experience.

- Paul Burmester, Validsoft

#5

Trust is the cornerstone of commerce.

- Patrick Gauthier, Amazon

#6

We spend 11 hours a day online, but yet 93% of commerce is done offline.

- @ALIG8ER

#7

American Eagle was among the earliest retailers supporting Apple Pay but under 1% of transactions

use it now vs 30% using cash.

- @ampressman

#8

Black Friday will be the perfect storm for chip cards in the US.

- Jennifer Miles, Verifone

#9

Walmart payments exec John Drechny on transition to chip cards right before holidays: “We’re forcing anarchy" in payments.

- @DelRey

#10

We have to keep in mind that fraud doesn't go away, it just shifts. Like water in a balloon.

- Nicole Carroll, Discover Financial Services

#11

Improving customer experience looks like a tech arms race - smart phones, POS, crypto.

Out of reach of most people on the planet.

- Kosta Peric, The Gates Foundation

#12

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

- The Gates Roundtable

#13

IoT is a broad part of payment innovation.

- Bill Gajda, Visa

#14

Network tokenization is a huge asset in our arsenal to light up future devices.

- James Anderson, MasterCard

#15

Security (in a modern system) is not guns, it's math.

- Ben Milne, Dwolla

#16

Can innovation scale before those with scale can innovate?

- Alex Rampell, Andreessen Horowitz

#17

The real time bit is the easy bit. The hard bit is the 24 by 7 bit.

- Craig Tillitson, Paym

#18

Technological change is removing a

lot of historical risk from the banking

system.

- Ben Milne, Dwolla

#19

Next year, I'd like to chair a panel on ID for the Internet of Things. I've already got the hashtag:

#IDIoT

- Dave Birch, Hyperion Consulting

#20