Innovation Project 2014

Over 2 content packed days on March 19-20, 2014, The Innovation Project 2014, powered by PYMNTS.com, will bring together the most thoughtful minds from established players, emerging disruptors, and entrepreneurial visionaries

Over 2 content packed days on March 19-20, 2014, The Innovation Project 2014, powered by PYMNTS.com, will bring together the most thoughtful minds from established players, emerging disruptors, and entrepreneurial visionaries in the world of payments and commerce to reinvent the future of an industry being transformed by mobile devices, the cloud, big data, and emerging technologies. Together we will rethink whether what’s taken us this far over the last 60 years is enough to move us forward for another 60 years!

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    The Innovation Project 2014 is by invitation only. The invitation process is as rigorous, as it is selective, as the event will convene 600+ industry leaders in one place, a who’s who in payments and commerce, from all sectors of this industry to come together at our event with one goal in mind…reinventing the industry. Register today!

    How many times do you get this many payments CEOs and global authorities under one roof?The movers and shakers, for 16 hours of focused, non-interrupted, thought‑provoking, off the record conversation? Once a year, at The Innovation Project. Here’s a sneak peek at some of who you will hear from … what they’ll be talking about … and what you definitely cannot afford to miss.
    All sessions will be held in Sanders Theatre in Annenberg Hall at Harvard University*

    DAY 1 – Wednesday, March 19, 2014

    8:00 AM – 8:15 AM

    Welcome and Introduction

    Karen Webster
    CEO, Market Platform Dynamics & President, PYMNTS.com

    8:15 AM – 10:15 AM

    The Reinvention of Payments | Who’s Driving It or Being Driven to Extinction?
    Who Will Rule the Payments and Commerce Kingdom for the Next 50 Years?

    Ten CEOs – five incumbents and five new challengers – from across the payments ecosystem will debate the future of payments and commerce in the face of new technologies, new regulations and changing consumer expectations. Will these five new and powerful forces crown a new king and queen of payments? You can be sure that the father of modern business strategy, Michael Porter, and Fox Business News Analyst’ Liz Claman, will stimulate a lively debate and draw out new insights from some of the most impactful innovators in the field.

    Some of who you’ll hear from …
    Liz ClamanLiz Claman
    Anchor
    Fox Business News
    Janet Estep
    President & CEO,
    NACHA
    Rocco FabianoRocco Fabiano
    President
    Qualcomm Retail Solutions
    Chris GardnerChris Gardner
    Co-Founder
    Paydiant
    Alex P HartAlex P Hart
    President & CEO
    Official Payments
    Mike KennedyMike Kennedy
    CEO
    clearXchange
    David NelmsDavid Nelms
    Chariman & CEO
    Discover
    Mike PassillaMike Passilla
    CEO
    Chase Merchant Services
    Seth PriebatschSeth Priebatsch
    Chief Ninja
    LevelUp
    Scott RankinScott Rankin
    CMO
    MCX
    Bill TauscherBill Tauscher
    CEO
    Blackhawk
    Ron TotaroRon Totaro
    General Manager, Global Financial Services
    Pitney Bowes, Inc.
    Michael Porter Michael Porter
    Foremost Authority on Strategy, Competition & Competitive Advantage; Creator of Shared Value Concept; Professor, Harvard Business School

    10:15 AM – 10:45 AM

    Coffee and networking
    Annenberg Hall Transcept and Queen’s Head Pub

    10:45 AM – 12:00 PM

    Does Cash Need a Digital Makeover?
    Reinventing Cash in the Digital Age

    What’s so wrong with a payment method that has been around for 3,000 years and still works very well? Well, it’s just not suitable for global commerce in the digital age, so says famed technologist, bitcoin believer and investor, Jeremy Allaire. Allaire along with economist and payments expert, David Evans, will engage a panel of CEOs and alternative currency believers in a debate about whether bitcoin and the many imitators it has spawned will make global commerce frictionless, or whether the physical currency we know, love and use today is good enough to sustain payments and commerce for the next 3,000 years.

    Jeremy AllaireJeremy Allaire
    Founder & CEO
    Circle Internet Financial
    Vitalik Buterin Vitalik Buterin
    CEO
    Ethereum
    Karl MehtaKarl Mehta
    Venture Partner,
    Menlo Ventures
    Pam Patsley Pam Patsley
    CEO
    Moneygram
    Steve RathgaberSteve Rathgaber
    CEO
    Cardtronics
    Danny ShaderDanny Shader
    CEO
    PayNearMe
    Mario ShiliashkiMario Shiliashki
    SVP, Emerging Payments
    MasterCard

    12:00 PM – 1:00 PM

    Lunch and Networking
    Annenberg Hall

    1:15 PM – 2:30 PM

    Uber Solutions for Keeping the CyberCriminals at Bay
    Rethinking How We Keep Payments Safe

    What’s a payment’s industry to do to keep cardholder data safe when consumers willingly give up information in exchange for good deals, hate it when their checkout experience is bogged down with too many levels of authentication, and the bad guys have new and better tools to exploit the vulnerabilities in the current payments system? White House cybersecurity guru, Richard Clarke, will ignite a thought provoking conversation about the impact of cybercrime on the safety and soundness of our payments ecosystem and what should be done to beat the bad guys to the punch in a whole new payments security battleground – cyberspace.

    Richard ClarkeRichard Clarke
    Cyber Security Expert, Former Counterterrorism Czar & Best-Selling author
    David FortneyDavid Fortney
    SVP, Product Marketing & Strategy
    The Clearing House
    Paul KleinschnitzPaul Kleinschnitz
    SVP, GM Cyber-security Solutions
    First Data
    Jennifer ShulzJennifer Schulz
    Group President, Vertical Markets
    Experian
    Tom TobinTom Tobin
    General Manager, Financial Crime Risk Management
    Fiserv
    Nat NatrajNat Natraj
    SVP
    CA Technologies
    Shaunt SarkissianShaunt Sarkissian
    Founder & CEO
    Cortex
    George WallnerGeorge Wallner
    Chief Technologist, Loop and Founder & CEO, Hypercomm

    2:30 PM – 2:45 PM

    Networking and Break

    2:45 PM – 4:00 PM

    Meet the New Boss, Clearly Not the Same as the Old Boss
    Resetting the Financial Services Landscape

    There was only one small problem when the banks turned off the lending tap to consumers and businesses over the last six years and started charging for services that were once free – consumers and businesses began to follow the money away from their once beloved banking institutions. FTC Commissioner Julie Brill and Small Business Lending Innovator Noah Breslow will kick off a conversation with innovators and incumbents about whether the “three C’s” of financial services – checking, credit, cards – are slowly becoming the domain of the innovators who were there waiting with open arms when banks just said no.

    Noah BreslowNoah Breslow
    CEO
    OnDeck Capital
    Jared HechtJared Hecht
    Co-Founder & CEO
    Fundera
    Renaud LeplancheRenaud Leplanche
    CEO
    LendingClub
    Douglas MerrillDouglas Merrill
    Founder & CEO
    Zest Finance
    Mark TroughtonMark Troughton
    President
    WONGA
    Nathan GroffNathan Groff
    Chief Government Relations Officer
    Intuition Systems
    David SilbermanDavid Silberman
    Associate Director, Research, Markets, and Regulations
    Consumer Financial Protection Bureau

    4:00 PM – 5:00 PM

    Why Should Retail Payments Have All the Fun?
    Reinventing Commercial Payments

    Mobile, the cloud and new technologies have reinvented the ways in which consumers and merchants interact and created lots of new efficiencies in the process. Not so on the B2B side of the payments house where infusing innovation into the ways that businesses pay and are paid has never been able to really overcome the inherent “chicken and egg” issues that plague payments overall. Ed Glassman, Head Honcho over MasterCard’s Commercial Payments Platform and Debby McWhinney, formerly head of Citigroup’s Enterprise Payments will challenge our panel to define how the anytime/anywhere/with anyone mantra that defines retail payments can become the mission statement for turning commercial payments deficiencies into a commercial payments innovation agenda.

    Michael E. DiamondMichael E. Diamond
    Chief Revenue Officer
    Mitek
    Ryan GilbertRyan Gilbert
    Co-Founder & CEO
    Billfloat
    Matt HarrisMatt Harris
    Managing Director
    Bain Capital Ventures
    Deborah McWhinneyDeborah McWhinney
    Board of Directors
    Fluor
    Kevin PhalenKevin Phalen
    Managing Director
    Bank of America
    Eduardo VergaraEduardo Vergara
    Former CEO
    Barclaycard Global Business Solutions
    Richard GrumRichard Crum
    Global T&E Products & Solutions
    MasterCard

    5:00 PM – 6:00 PM

    The Big Bitcoin Debate Is Bitcoin More Than Money?
    Just How Disruptive Are the Bitcoin Innovations and Is Currency Just the First Act?

    While everyone is debating whether it’s a bubble and when it will burst, those in the know in the bitcoin world are focused on how the technological breakthroughs behind it could reshape the world. Several of the deepest crypto currency thinkers and doers will engage with some of the skeptics to debate just how revolutionary bitcoin and its many imitators are. Karen Webster, MPD CEO will start the bitcoin brawl by teeing up the critical questions that will help even bitcoin blockheads contemplate how bitcoin can transform payments and contract provisions and even control autonomous agents. At the end of this session, you’ll be able to see just how much of this could ever be reality and how much of it is for Sci-Fi addicts.

    David Evans
    Chairman,
    Global Economics Group
    Ron KarpovichRon Karpovich
    Managing Director
    JP Morgan
    Steve KrischSteve Kirsch
    CEO
    Cointrust
    Dan RosenDan Rosen
    General Partner, Commerce Ventures
    Ashely EvansAshely Evans
    Director of Corporate Strategy
    Verizon
    Karen Webster
    CEO, Market Platform Dynamics & President, PYMNTS.com
    Adam WhiteAdam White
    Director of Business Development
    Coinbase

    6:00 PM – 6:15 PM

    Innovation Demo and Expo Opening
    Patrick GauthierPatrick Gauthier
    Head of Product Strategy & Business Operations, Retail Services
    PayPal
    Bill ReadyBill Ready
    CEO
    Braintree
    Eric RemerEric Remer
    Founder & CEO
    PaySimple
    Leo RoccoLeo Rocco
    CEO
    GoPago

    6:45 PM – 7:45 PM

    “The What’s Next Power Play” ™ Sessions
    Science Center at Harvard*

    Got new product? Have we got a forum for you! Only 10 new ideas will be given the chance to introduce their innovation to the most prestigious audience in payments and to be given feedback from one of the most accomplished and outspoken global payments authorities there is, investor and CEO, Doug Bergeron.

    Innovators Expo

    50 of the coolest, newest, freshest and most awesome innovators in payments will strut their stuff, many for the first time ever, for Innovation Project 2014 delegates. It’s a great opportunity to see, all in one place, the innovators and innovations that could give your ideas the legs it needs to leapfrog the competition.

    Cocktails and massive quantities of “heavy” Hors d’oeuvres will be served to keep energy levels humming!

    6:00 PM – 7:30 PM

    ThinkAThon Team Working Session
    Breakout Rooms on Harvard Campus*

    Yes, we know its work BUT, at least the weather will likely be crummy so there’ll be no distractions. Teams will assemble to work thru what they’ll say in front of, gulp, the most senior, knowledgeable and even cynical audience in payments the following day as they compete for Master Payments Guru title.

    DAY 2 – Thursday, March 20, 2014

    7:00 AM – 8:30AM

    Breakfast with the Innovators and What’s Next Power Players
    Science Center at Harvard*

    Five new product launches and all of the innovators will be back at it, this time with coffee and breakfast fare.

    8:15 AM – 8:45 AM

    Morning Keynote
    Fireside Chat
    Jennifer Shasky CalveryJennifer Shasky Calvery
    Director, Department of the Treasury Financial Crimes Enforcement Network (FinCEN)
    Richard Schmalensee
    Dean Emeritus
    Sloan School of Management, MIT

    8:45 AM – 10:15 AM

    Channeling Your Inner Tesco
    Reinventing the Retail Storefront

    Quick, what’s a five letter word for Retail Innovation? You guessed it, Tesco. And, who better to start a conversation about how to save physical retail from extinction than none other than Tesco’s Former CEO and Retail Visionary, Sir Terry Leahy. Leahy and Vantiv’s Chief Strategist Daniela Mielke will kick off a discussion with a diverse group of retail innovators on the right way to “creatively destruct” retail and leverage the power of technology and connected devices to create new value for merchants and consumers.

    Todd DipaolaTodd Dipaola
    CEO & Founder
    inMarket
    Marc Freed-FinneganMarc Freed-Finnegan
    Co-Founder and CEO
    Index
    Faisal MasudFaisal Masud
    EVP, Global E-Commerce
    Staples
    Jennifer MilesJennifer Miles
    President
    VeriFone Americas
    Scott ThompsonScott Thompson
    CEO
    ShopRunner
    Sir Terry LeahySir Terry Leahy
    Former CEO of TESCO & Author of “Management in Ten Words”
    Daniela MiekleDaniela Miekle
    Chief Strategy & Product Officer
    Vantiv

    10:15 AM – 10:45 AM

    Networking and Coffee Break

    10:45 AM – 12:15 PM

    Breaking the Plastic Habit
    Rethinking How Consumers Shop and Pay

    Anyone who’s ever made a new year’s resolution knows one thing for sure: consumer habits are really, really hard to break. Pulitzer Prize winning journalist and author of The Power of Habit, Charles Duhigg and PayPal’s Global Retail genius, Don Kingsborough, will share their secrets on how to get consumers to move away from the “whip out plastic card and swipe” that’s stored in their “muscle memory” to something new, mobile, and much more valuable, while drawing insights from a panel of innovators who are all working in slightly different ways to help consumers over that hump.

    Mike Boush Mike Boush
    Vice President, E-Business and Chief Digital Officer
    Discover
    Charles DuhiggCharles Duhigg
    Pulitzer Prize Winning Reporter & Author of “The Power of Habit”
    Will GraylinWill Graylin
    CEO
    Loop
    Marianne Johnson
    Executive Vice President, Global Head of Product and Innovation
    Elavon
    Don KingsboroughDon Kingsborough
    Global VP/ GM of Retail & Prepaid
    PayPal
    Alex RampellAlex Rampell
    CEO
    Trial Pay & Yub
    Matt TaylorMatt Taylor
    CEO
    Mercury

    12:15 PM – 1:15 PM

    Lunch and Networking
    Annenberg Hall

    1:15 PM – 2:30 PM

    The Payments Bone’s Connected to the Commerce Bone
    Reshaping what Drives Commerce and Business Innovation

    The idea of turning your spare bedroom into a hotel room seemed totally ridiculous much less feasible until AirBNB turned that idea into a multi-billion dollar business. And, once upon a time, the only way that brands could get consumers interested was to bombard them with ads in the most inconvenient places, including mobile devices. Brad Brodigan and Stanford Business School Professor and author of Absolute Value, Itamar Simonson, will bash the unconventional wisdom of what drives commerce today and will in the future, and the invisible role of payments in making that future viable.

    Brad BrodiganBrad Brodigan
    VP GM Retail
    PayPal
    Alex BroekerAlex Broeker
    CEO
    TabbedOut
    Andreas EhnAndreas Ehn
    Co-Founder & CEO
    Wrapp
    Mark LavelleMark Lavelle
    Senior Vice President, Strategy & Business Development
    PayPal
    Ben LingBen Ling
    Investment Partner
    Khosla Ventures
    Chris MortonChris Morton
    CEO
    Lyst
    Itamar SimonsonItamar Simonson
    Professor of Marketing Stanford Graduate School & Author of “Absolute Value”
    Kamran ZakiKamran Zaki
    President
    Adyen North America

    2:30 PM – 3:00 PM

    Networking and Break

    3:05 PM – 4:15 PM

    The Industry Speaks!
    The ThinkAThon Competition

    Ta-dah! After weeks of hard work, late nights in Cambridge burning the midnight oil and consuming large quantities of liquid nourishment to keep those brain cells whirring, it’s time for the teams to present their thoughtful approaches to the industry problems that keep the payments and commerce ecosystem from reaching its full potential. There’s a lot at stake as the most critical judges ever listen, ponder, score and challenge the teams who will present their solutions. ThinkaThon Chair, economist, author and payments big thinker, David Evans, has set some pretty simple ground rules. No PowerPoint, 2 minutes of presentation that better be compelling and a 140 character tweet to kick things off. Let the games begin!

    Raj DateRaj Date
    Managing Partner, Fenway Summer
    David Evans
    Chairman,
    Global Economics Group
    Brian HughesBrian Hughes
    Senior Vice President
    Cardmember Marketing
    Karl Mehta
    Venture Partner,
    Menlo Ventures
    Tim Attinger
    Strategy, Corporate Development & Digital Innovation
    Blackhawk Network
    George WallnerGeorge Wallner
    Chief Technologist, Loop and Founder & CEO, Hypercomm

    Hans Morris
    Special Advisor, General Atlantic & Director/Investor payments companies
    Richard Schmalensee
    Dean Emeritus
    Sloan School of Management, MIT
    Alex RampellAlex Rampell
    CEO
    Trial Pay & Yub

    4:15 PM – 5:30 PM

    Around the World in 80 Minutes
    How the world does payments

    CEOs and innovators from around the world will share their experiences in igniting mobile commerce in some of the most dynamic and exciting markets there are in the world: Russia, China, India, Turkey, Poland, and Brazil.

    Souheil BadranSouheil Badran
    SVP & General Manager
    Digital River World Payments
    Harold MontgomeryHarold Montgomery
    Chairman and CEO
    Calpian
    Lisa Stanton Lisa Stanton
    President, Americas
    Monitise
    David WolmanDavid Wolman
    Author of “The End of Money” & Contributing Editor Wired
    Clovis Poggetti, JrClovis Poggetti, Jr.
    Executive Vice President and the Officer
    Cielo
    Greg KeoughGregory Keough
    CEO Mobile Financial Services
    MasterCard & Telefonica Joint Venture

    5:45 PM – 7:00 PM

    Cocktails and Munchies at the Innovators Expo
    Science Center

    It’s your last chance to kick the tires and meet the Innovators Class of 2014. Food and drink provided!

    7:00 PM – 9:30 PM

    Celebrate, Celebrate, Celebrate
    The PYMNTS 2014 Innovators Award Dinner

    Annenberg Hall

    Overture, tune the lights, this is it, the night of nights! The most prestigious awards program in payments will being! And, we have a fun evening in store. Last year’s winners will be involved to make it lively and entertaining – and we’ll have a few surprises in store to make the evening even more fun. 16 best-in-class awards will be given, the Lifetime Achievement Award winner will be inducted into the Hall of Fame, as well 3 new members. And, the industry will honor one of its greats through by the Michael P. Duffy Award Leadership to someone in the industry whose lives the value that made him such a beloved industry figure.

    9:30 PM

    And, Its’ a Wrap
    The Awards Dinner After Party – The Crystal Ball

    Queen’s Head Pub

    We celebrate the winners, new friendships and new ideas that have been stimulated over the last two days. And, bid everyone a fond “farewell” until the next time!

    *Please note that The Innovation Project and PYMNTS.com are not affiliated with Harvard University, nor is the Innovation Project 2014 a Harvard University program or activity.
    The Keynote Speakers

    Karen Webster

    Senior Vice President, Strategy & Business Development

    Revlon

    Karen Webster

    Senior Vice President, Strategy & Business Development

    Revlon

    Karen Webster

    CEO, Market Platform Dynamics

    PYMNTS

    Karen Webster

    CEO, Market Platform Dynamics

    PYMNTS

    Karen Webster

    CEO, Market Platform Dynamics

    PYMNTS

    Karen Webster

    CEO, Market Platform Dynamics

    PYMNTS

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