Billed as the largest event focused on emerging payments and financial services, Money2020 has easily eclipsed its inaugural event in 2012, bringing together more than 4,000 fintech followers, including 300+ CEOs and more than 1,250 companies from 50 countries.
While not being able to attend this year, I was able to live vicariously through the tweets of others who captured the highlights (and some humor) from the first full day of the event. Below is a recap of today's sessions.
#money2020 has started. Read the blog of 3 questions to be asked in almost 60 sessions: http://t.co/X7JIS61Tx1’s
— Money2020 (@money2020) October 6, 2013
#money2020 "what happens in Vegas, gets tweeted from Vegas"
— Dave Birch (@dgwbirch) October 7, 2013
Money2020 looks to be an awesome event. Sold out, it looks like EVERYONE is here. @Wmagency #money2020
— William Mills (@williamemills) October 7, 2013
Omni-Channel Reality: "67% of consumers have started shopping on device but completed the purchase elsewhere" -Kevin Levitt #money2020
— comScore FinServ (@comScoreFS) October 7, 2013
$Mitk and Experian® Collaborate to Help Organizations Monetize the Mobile Channel http://t.co/cqFCNfizbu #money2020 #mobile #technews #tech
— Deppilf flippeD (@deppilf) October 7, 2013
From Scott Grimes: Adding mobile to a banking relationship adds 6 touchpoints per week #money2020
— Ryan Page (@helloryanpage) October 7, 2013
#money2020 MasterCard have already used my favourite statistic! US is a quarter the world's card volume but half the world's card fraud
— Dave Birch (@dgwbirch) October 7, 2013
State of Gift Cards this morning at #money2020. Here's what @rsrresearch says about the best digital gifting programs http://t.co/4lPzhfL5ko
— CashStar, Inc (@CashStar_Inc) October 7, 2013
The chances of Bitcoin being regulated out of existence are the same as the entire Internet being regulated out of existence. #money2020
— Bank Innovation (@BankInnovation) October 7, 2013
Dwolla launches #realtime payments in beta, promises new level of convenience with same transaction cost http://t.co/alh5S2hhAs #money2020
— Dwolla (@dwolla) October 7, 2013
Patrick Gauthier from #PayPay "Regulation is like flood insurance. You bitch about paying for it until you need it." #money2020
— Sam Maule (@sammaule) October 7, 2013
#money2020 Fred Neil @HomeDepot Payments-retail-consumers: win-win-win collaboration that can be used effectively in marketing programs
— IMTC (@IMTConferences) October 7, 2013
RT @davidschropfer: 52% of users who have not used mobile for shopping say they are neutral to ever doing so. @comScore #money2020
— comScore, Inc. (@comScore) October 7, 2013
Why do you have to pay high fees to use your own money? @SuzeOrmanShow was giving the financial industry a hard time today! #money2020
— Ericsson M-Commerce (@EricssonMcomm) October 7, 2013
CardLinx unites Microsoft, Facebook, BofA, LivingSocial, FirstData, Cardlytics- most interesting yet from #Money2020 http://t.co/IhtcPOvYYm
— Andera (@AnderaInc) October 7, 2013
Dear #money2020 attendees: Hoping one of you will keep track of all the different definitions of "mobile wallet" that speakers provide.
— rshevlin (@rshevlin) October 7, 2013
#NFC = Not for Commerce. Panel on Innovation in Online Payment Networks. #money2020— Matt Wilcox (@mattwilcoxpro) October 7, 2013
Between 1/3 and 1/2 of the audience claimed to be working on integrating Bitcoin into their businesses at the Bitcoin panel @ #money2020 !!
— Roger Ver (@rogerkver) October 7, 2013
Results of poll:44% here polled say phone at POS market share will be 50% won't happen until 2020 or LATER. #money2020
— William Mills (@williamemills) October 7, 2013
@KausikRajgopal at #money2020 the survey reflects 29% of attendees believe that banks have the most to lose with the innovation in 7 years.
— Mike Horrocks (@mikehorrocks) October 7, 2013
840 users and 1,204 tweets (846 RTs) in 2 weeks made #money2020 a Trending Topic in United States. #trndnl
— Trendinalia USA (@trendinaliaUS) October 7, 2013
How Bitcoin will do to money what the web did to information #money2020 http://t.co/UIhNx89n3Q
— Business Insider (@businessinsider) October 7, 2013
Visa syas it can double size of its network over next 5 years through use of mobile acceptance devices, says exec Jim McCarthy #money2020
— ngenuity Journal (@ngenuityjournal) October 7, 2013
@PayWithIsis is launching a new version of their mobile wallet. Bravely with live demo! #money2020 pic.twitter.com/oRrMmy5EyP
— Ericsson M-Commerce (@EricssonMcomm) October 7, 2013
CEO Mike Abbot of ISIS mobile wallet estimates by next year there will be 30M enabled ISIS phones to make payments, #money2020
— ngenuity Journal (@ngenuityjournal) October 7, 2013
Of course @phazlehurst is wearing his Google Glasses on stage at #Money2020 - will he send money by blinking?
— Erin McCune (@erinmccune) October 7, 2013
Google using an iPhone to present their payment app is the cockiest move I've seen at #money2020 Love it.
— Alex Maffeo (@AlexMaffeo) October 7, 2013
My takeaway from #Money2020 keynotes? Still lots of solutions searching for a real consumer problem to solve.
— Norman Guadagno (@ThinkTone) October 7, 2013
I’m really surprised by how many blackberries I see in use here at #Money2020. Of course, I’m surprised when I see even one…
— Jason A. Cobb (@jasonacobb) October 7, 2013
@GoogleWallet has just announced new partnership with @Walgreens for #digital loyalty program at #Money2020
— SpecOpsComm (@SpecOpsComm) October 7, 2013
Mobile wallets are the "game changer" for P2P payments because everything is right there, says Dave Wilkes of @fusenetwork #money2020
— ngenuity Journal (@ngenuityjournal) October 7, 2013
P2P need to be done in, or close to, real time so that the time-to-spend is equivalent to cash. #money2020
— Ericsson M-Commerce (@EricssonMcomm) October 7, 2013
#money2020 Amex reckon that checking account costs 2.5x Bluebird account
— Dave Birch (@dgwbirch) October 7, 2013
@chuckcordray There must be transparency to be able to monetize #bill pay data. #FutureOfBillPay #money2020
— Perficient Fin Serv (@Perficient_FS) October 7, 2013
.@Simplify CEO Josh Reich talks about pushing out 10,000 app updates vs. banks' quarter update cycles. "3 months is an eternity" #money2020
— JP Nicols (@JPNicols) October 7, 2013
Heard from Simple CEO Josh Reich (@i2pi): “As an incumbent, you’re building a 2013 mobile experience on top of 1970’s technology” #Money2020
— Tyler Felous (@TMFelous) October 7, 2013
@foursquare using #geolocation to push card-linked offers w/out user checking in #money2020
— VeriFone (@VeriFone) October 7, 2013
Best part of asking question at #money2020 panel discussion about online banking is that you get a #Patron shot.
— David Pinski (@dapinski) October 7, 2013
Jered Kenna, founder of bitcoin exchange TradeHill: "Banks are afraid of anything that's new." @money2020 #money2020 @Minyanville #bitcoin
— Josh Wolonick (@JoshWolonick) October 7, 2013
In US, 57% have savings of < $25,000. Info lacking for people to make financial decisions about life, says Anil Arora of @Yodlee #money2020
— ngenuity Journal (@ngenuityjournal) October 7, 2013
Heard at Money 2020 - "The option to expedite a bill payment today is a billion dollar business."
— D3 Banking (@D3Banking) October 7, 2013
Health and Finance are the most important things so people can live their lives-but they can’t see it in one place @Ryan_Caldwell #Money2020
— Matt West (@Matt__West) October 7, 2013
Incumbents have vested interest in not opening up the app ecosystem, but it's changing says Jim Schinella of @Manilla #money2020
— ngenuity Journal (@ngenuityjournal) October 7, 2013
The only data more valuable than Google's is financial data. How do we use it for good!? @moneydestop @Yodlee #money2020
— Melanie Flanigan (@MelanieFlanigan) October 7, 2013
"There are no unbanked people in the US." Dave Wilkes @fuzenetwork. Either I missed his point, or I...disagree. #money2020
— David W. Schropfer (@davidschropfer) October 7, 2013
#money2020 Bitcoin 'settles nearly instantly' is this good enough for the future of payments?
— Debbie Gamble (@debgamble1) October 7, 2013
"If we said 'With your permission we would add value to your life,' most people would support that," says Anil Arora of @Yodlee #money2020
— ngenuity Journal (@ngenuityjournal) October 7, 2013
One big question at #money2020 surrounds #privacy. Is it dead, is it irrelevant, is it secured, is it swapped for $? What do you think?
— Mike Horrocks (@mikehorrocks) October 7, 2013
#money2020 is like the Who's Who of #Payments. Be There Or Be Square. Well, not @Square, like nerdy. Forget it. #PaymentsHumorIsTough
— CNPsolutions LLC (@CNPsolutions) October 7, 2013
@dgwbirch just hit the nail on the head, calling American identity mgmt "Security Theater" at best. #Money2020 #FakePortugeseFishingLicense
— (╯°□°)╯︵ ʇʇɐɯ (@msgrasser) October 8, 2013
"No offense, but 99% of what I've heard so far at #money2020 has been *consumer*. The elephant in the room is...*business* banking" <= Truth
— Michael Levinson (@mdlevinson) October 8, 2013
Does the emergence of 'mobile' mean the death of bank branches? Send us your thoughts on #VocaLink. #banking #payments #Money2020
— VocaLink (@VocaLink) October 8, 2013
What? Why?! Cheers! #money2020 @ Money2020 http://t.co/IZnvVyE6iw
— Alex Linebrink (@AlexLinebrink) October 8, 2013
Monday at Money2020 in Tweets
Reviewed by MCH
on
October 07, 2013
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Reviewed by MCH
on
October 07, 2013
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