If conversation is currency, what about conversations about currency? When thousands of payments professionals gather in one place, you’d better know the lingua franca. So … here’s all you need to know to stay ahead of the curve at Money 20/20. If you don’t want to stay ahead of the curve, this handy survival guide will keep you from being a wallflower at all those nifty meet and greets, cocktail hours and confabs. Click on the links for conversation starters galore about where the payments industry is, where it’s been and where it’s headed. No doubt a few nuggets will make you stop and think.
What happens when you get thousands of payments professionals together in one place? Elbows rub, shoulders rub and ideas and innovations spark like electrons.
But context is everything in conversation, and context is what we aim to give you here while you’re at Money 20/20. The links provided will take you to some thought-provoking pieces that will extend conversation beyond mere conversation starting points. Big issues deserve the floor — how else will the pressing issues surrounding how we buy and even why we buy be solved?
We offer some insightful nuggets below and a comprehensive directory further below that. Keep this page bookmarked as Money 20/20 ignites a slew of topics.
Dismantling the Cryptocurrency Hype, Bit by Bit(coin)
The headlines might revolve around cryptocurrencies, but where there’s smoke, is there substance? PYMNTS’ Karen Webster weighs in on the need to approach the Wild West of cryptos with a measured mindset and views the speculation for what it is: dangerous (Why It’s Time To Shut Down Cryptocurrencies).
The Regulatory Conundrum
Even while regulation might be in order for, say, cryptocurrencies (to give the Emperor at least some clothes), rules, laws and bylaws are no catch-all solution when it comes to fixing what’s broken in other arenas, such as with credit agencies. If it ain’t broke, don’t fix it, but if it is broke, (maybe) don’t legislate it (Why Regulation Won’t Fix Credit Reporting Agencies).
Data Makes the World Go Round
You want numbers? We’ve got numbers. Start with a benchmark of conversion rates for merchants large and small, giving a snapshot of eCommerce globally — hey, it’s not ALL Amazon, you know (Benchmarking of the checkout conversion rates for the 753 merchants that drive 75 percent of non-Amazon eCommerce sales — online and mobile — quarterly). Interested in the hard stuff (no, we’re not talking cocktail hour)? Then head to the Global Cash Index (Global analysis and reporting on the usage of cash around the world). The future’s writ large, too, with bits and bytes, and should you want a commerce crystal ball, be mindful of How We Will Pay (What connected devices do you own today? How do you use them to pay? How might you like to use them to pay in the future? We asked, and all we got back were 6 million data points.)
That’s just a taste of what we’ve got. Beyond that, look below. Find your bailiwick. And then go make conversation.
Federal Reserve: What’s Fast And Slow And Read All Over?
Global Citizen: A focus on the economic impact of Global Citizens — individuals who typically are experienced international travelers and have the wealth or discretionary income to support the pursuit of personal priorities
Mobile Payments: What Walmart Pay Knows That Apple Pay Doesn’t
Mobile Payments Adoption: The longest-running consumer study on the consumer’s interest in using mobile payments in-store
Payments Powering Platforms: Unpacking the complexities of enabling payments for platform businesses and complex ecosystems
SMB Technology Adoption: The latest news, trends and analysis of the unique business and technology requirements of SMBs
Subscription Commerce Conversion: Examining the trends that keep subscription businesses humming and the frictions that could derail them
X-Border Receivables: Highlights the most significant developments in cross-border commerce, demonstrating how various businesses and organizations are getting paid by suppliers and wholesalers across borders