money2020 2015 day two highlights
TRANSCRIPT
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