navigating the digital maze - mobey forum · 3/23/2017 · navigating the digital maze christophe...
TRANSCRIPT
Navigating the Digital MazeChristophe Zehnacker, Head of Strategic Digital Partnerships, Mastercard
Mobey Forum
Rotterdam, March 23rd, 2017
©2016 Mastercard. Proprietary.2
The World is Changing
Industries being reinvented
Expectation of personalized and integrated digital experience
Barriers to entry are being lowered in every industry
Public companies need to continue to win today while
reinventing themselves for the future
Everyone and everything
is becoming connected
The emergence of business as a platform
Regulatory, security and privacy concerns
Democratization of electronic payments and technology
Urbanization and the desire for smarter cities
©2016 Mastercard. Proprietary.
…at the back end and front end
And Technology is Changing Too
IOT/Wearables
Digital currencies and the
blockchainAI & Deep Learning
Advances in the capture
and processing of disparate
data sources
Biometrics
3-D Printing
Chatbots
Augmented Reality /
Virtual Reality
Digital Personal
Assistants
… and much, much more
Robotics
3
©2016 Mastercard. Proprietary.
The Digital Shift is the Biggest Opportunity
2014
1.1
Digital1
6.4
2020
Global (ex-China) Card-based digital consumer spend (PV), ($ Trillions)
In-app
Browser
Proximity
Share of digital payments is growing; by 2020, networks will see $6-7 trillion in digital payments volume
Source 1: Business Insider, 2015; The Internet of Everything 2015
In 2020, $2-3T PV will be new on card networks due to accelerated shift from cash to card
…since the introduction of plastic cards
4
IoT connected devices are expected to surpass mobile phones in 20188.6 billion smartphones by 2021
Consumer Connectivity
Explosive Growth of Digital Payments
©2016 Mastercard. Proprietary.6
Winning in Digital is Complex
ENHANCINGthe payment experience
SIMPLIFYINGthe integration of oursolutions via APIs
PARTNERINGfor scale
ACQUIRINGnew businesses
DIGITIZINGmore forms of payment
COINNOVATINGwith customers
INVESTINGIn companies and talent
and much more…
SECURINGevery transaction
EXTENDINGbeyond payments
LOCALIZINGfor global relevance
MEASURINGto ensure effectiveness
DEFININGstandards for the digital age
EXPERIMENTINGwith new technologies
REINVENTINGthe purchase experience
©2016 Mastercard. Proprietary.
Enhancing the Payment Experience
80 MILLION Enabled AccountsAs of end of 2016
Supported by leading global financial institutions
Best in class consumer experience in browser, in app and in store across all devices
Faster, simpler, more secure checkout for merchants and
consumers
Easy to integrate via APIs
Live in 34 countries, 19 in Europe
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©2016 Mastercard. Proprietary.
Issuing PartnersOver 700 worldwide
19 countries live, 35+ countries
enabled
Industry standard
Powering Digital Wallets
Integrated within Masterpass
8
Securing Every Transaction
MDES
©2016 Mastercard. Proprietary.
C o m m e r c e f o r E v e r y D e v i c e
©2017 Mastercard. All rights reserved.
©2016 Mastercard. Proprietary.
PARTNERSHIP
Win-Win Works
Connected Home with Samsung Fridge
10
©2016 Mastercard. Proprietary.
SECURITY
Delivering new user experiences
First Cognitive Mobility Platform for Connected GM Cars
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©2016 Mastercard. Proprietary.
RELEVANT
Making financial information part of
consumers’ everyday lives.
Digital Commerce Chatbots on Facebook Messenger
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©2016 Mastercard. Proprietary.13
©2016 Mastercard. Proprietary.
Technology is already
presenting huge opportunit ies
for commerce…
but we’re just gett ing started
January 9, 201714
T h a n k Y o u
C h r i s t o p h e . Z e h n a c k e r @ m a s t e r c a r d . c o m